April 2024

Delhi-NCR real estate market: 5 things you need to know about registration of flats in Noida and Greater Noida

Delhi-NCR real estate market: 5 things you need to know about registration of flats in Noida and Greater Noida

Noida authority has said that it has given permission for the registry of a total of 13,639 apartments after real estate developers of 35 housing projects gave their consent to clear their financial dues. To obtain permission for registry of ready apartments, developers have agreed to pay ₹552 crore worth of financial dues that is 25 percent of total dues of ₹2000 crore. Noida authority has...

Here’s why some Bollywood stars prefer renting apartments in Mumbai rather than buying them

Here’s why some Bollywood stars prefer renting apartments in Mumbai rather than buying them

Bollywood actor Imran Khan and his girlfriend Lekha Washington recently leased a flat in Mumbai’s Bandra area from film producer Karan Johar at a monthly rent of ₹9 lakh for three years. Bollywood actor Imran Khan and his girlfriend Lekha Washington recently leased a flat in Mumbai’s Bandra area from film producer Karan Johar at a monthly rent of ₹9 lakh for three years.(IANS) Besides...

Good news for homebuyers! Maharashtra government decides to keep ready reckoner rates unchanged for FY25

Good news for homebuyers! Maharashtra government decides to keep ready reckoner rates unchanged for FY25

In a move that could bring relief to homebuyers, the Maharashtra government just before the auspicious Gudi Padwa, has decided to keep the ready reckoner (RR) rates in the state for FY 2024-25 unchanged. This means that home buyers will not see any increase in property prices due to ready reckoner rates for a year. The Maharashtra government, just before the auspicious Gudi Padwa, has decided...

Prestige group raises ₹2,001 cr from ADIA, Kotak AIF to build housing projects across four cities

Prestige group raises ₹2,001 cr from ADIA, Kotak AIF to build housing projects across four cities

Bengaluru-based Prestige Group has raised ₹2,001 crore from the Abu Dhabi Investment Authority (ADIA) and Kotak AIF to develop greenfield residential projects across four cities - Bengaluru, Mumbai, Goa, and NCR - with a combined Gross Development Value (GDV) of over ₹18,000 crore. Bengaluru-based Prestige Group has raised ₹2,001 crore from the Abu Dhabi Investment Authority (ADIA) and...

Hospitality sector witnesses 1 million investment activity in FY23: JLL

Hospitality sector witnesses $401 million investment activity in FY23: JLL

Hotel Investments in India touched $401 million in 2023 which was nearly a four-fold increase in the volumes witnessed in 2022. As many as 25% of the overall value of transactions involved under-construction hotels in both business and leisure destinations, a report by JLL titled. Hotel Investment Trends - India 2023 showed. Hotel Investments in India touched $401 million in 2023 which was...

Contrary to popular narrative, India not urbanising rapidly: OP Mathur | Latest News Delhi

Contrary to popular narrative, India not urbanising rapidly: OP Mathur | Latest News Delhi

From the traditional belief that India lives in villages to the conviction that this is India’s urban century, the country’s idea of socio-economic growth and development has transformed significantly in the last 75 years. To understand the change in narrative and policy response, the processes of the rural-to-urban transition, its pace and measurement, and the challenges and opportunities it...

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