April 2024

Gurugram administration approves Chintels’ plan to demolish 5 towers

Gurugram administration approves Chintels’ plan to demolish 5 towers

The Gurugram district administration on Monday gave permission to the developer of the Chintels Paradiso complex at Gurugram Sector 109 to demolish five residential towers deemed unsafe for habitation, officials aware of the development said. Gurugram, India - February 14, 2022: A view of the rubble seen after few floors collapsed inside an apartment building at Chintels Paradiso in Sector 109...

Delhi’s Resident Welfare Associations give charter of demands for Lok Sabha polls | Latest News Delhi

Delhi’s Resident Welfare Associations give charter of demands for Lok Sabha polls | Latest News Delhi

A broader focus on sustainable growth, stronger laws against air pollution the transparent use of public funds, increased public participation and a more proactive feedback process – these are among a raft of 24 demands that a conglomerate of Delhi’s resident welfare associations (RWAs) have placed before political parties in the run-up to the general elections, to ensure a “breathable,...

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report

Homes worth ₹1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report

Homes worth ₹1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com Homes worth ₹1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com In its quarterly report titled Real Insight Residential...

Flex office space contributes to more than one-third of Delhi-NCR’s office leasing activity in Q1 2024

Flex office space contributes to more than one-third of Delhi-NCR’s office leasing activity in Q1 2024

Gross office leasing in Delhi-NCR touched 4.03 mn sq ft in the first quarter (Jan-March) of 2024 on the back of leasing demand from domestic occupiers, including flex, who accounted for approximately 54% of the total leasing activity, according to a report released by JLL on April 8. The share of coworking space take-up in overall office leasing activity is poised to rebound to about 15 per...

Keystone Realtors housing sales bookings up 41% to ₹2,266 crore

Keystone Realtors housing sales bookings up 41% to ₹2,266 crore

Mumbai-based Keystone Realtors Ltd, that develops real estate projects under the Rustomjee brand, on April 8 reported a 41% growth in sales bookings to ₹2266 crore in financial year 2024 as against 1604 crore in FY 2023 on the back of increased housing demand, the company said in a regulatory filing. Mumbai-based Keystone Realtors Ltd, that develops real estate projects under the Rustomjee...

Blackstone to take apartment income REIT private in  bln deal

Blackstone to take apartment income REIT private in $10 bln deal

Asset manager Blackstone said on April 8 it would take private rental housing firm Apartment Income REIT, known as AIR Communities, for $10 billion in cash, including debt. Asset manager Blackstone said on April 8 it would take private rental housing firm Apartment Income REIT(REUTERS) Under the deal, Blackstone will pay $39.12 for each share of the real estate investment trust, representing...

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