May 2024

Yuvraj Singh sends notices to real estate firms for infringement of privacy, delayed home possession

Former India cricketer Yuvraj Singh has sent two separate legal notices to two Delhi-based real estate firms invoking arbitration clauses over alleged violation of his privacy rights in promotion of construction projects and for delayed delivery of possession of a dwelling unit to him in the national capital. Former India cricketer Yuvraj Singh has sent two separate legal notices to two...

Godrej & Boyce Manufacturing Co Ltd sells office space near Mumbai for ₹157 cr to Godrej Industries Ltd

Godrej & Boyce Manufacturing Company Limited has sold an office space spread across an area of 48,729.92 sq ft located in Vikhroli (East) for a consideration of ₹157 crore to Godrej Industries Ltd, registration documents accessed by Propstack showed. Godrej & Boyce Manufacturing Company Limited has transferred an office space spread across an area of 48,729.92 sq ft located in...

Shahid Kapoor and wife Mira Kapoor buy luxury apartment in Mumbai for ₹59 crore

Bollywood actor Shahid Kapoor and wife Mira Kapoor have purchased a luxury apartment worth around ₹59 crore in Oberoi 360 West project in Worli area of Mumbai, according to registration documents accessed by IndexTap.com Bollywood actor Shahid Kapoor and wife Mira Kapoor have purchased a luxury apartment worth around ₹59 crore in Oberoi 360 West project in Worli area of Mumbai The luxury...

Mumbai real estate deal: 360 One founder buys two luxury apartments for more than ₹170 crore

Mumbai’s luxury real estate market continues its upward swing with Karan Bhagat, founder and CEO of 360 One, that was earlier known as IIFL Wealth & Asset Management, purchasing two sea-view properties in Oberoi Realty’s project Three Sixty West in Mumbai’s posh area Worli for more than ₹170 crore, documents accessed by Zapkey showed. Karan Bhagat, founder and CEO of 360 One, that...

Rustomjee Group plans to foray into data centers; launch plotted development projects near Mumbai

Listed real estate developer Keystone Realtors, also known as Rustomjee Group, is planning to foray into the data centers segment and launch plotted development projects, said Boman Irani, chairman and managing director, Rustomjee Group. Listed real estate developer Keystone Realtors, also known as Rustomjee Group, is planning to foray into data centers and launch plotted development projects,...

Yeida to acquire 6,000 hectares land for urban development

The Yamuna Expressway industrial development authority (Yeida) has decided to acquire 6,000 hectares of agricultural land to develop a city near the Noida International Airport along the Yamuna Expressway, people familiar with the matter said. Yeida said demand for residential, commercial, institutional, and other kinds of land has increased because the Noida airport is set to become operational by...

Jaypee takeover: NCLAT orders Suraksha to pay ₹1,335 cr as farmer compensation

The National Company Law Appellate Tribunal (NCLAT) on Friday upheld Mumbai-based Suraksha Group’s resolution plan for the debt-ridden Jaypee Infratech Limited (JIL) that has failed to deliver around 20,000 apartments in its housing project “Wish Town” in sectors 128, 129, 130, 131 and 132 areas along Noida-Greater Noida Expressway. The Yamuna Expressway Industrial Development Authority...

Pune Porsche accident: Here are 5 things to know about Bramha Realty’s Vishal Agarwal who is father of Vedant Agarwal

Pune's real estate developer Vishal Agarwal's 17-year-old son Vedant Agarwal is in the news since the last five days as a Porsche car of the Agarwal family allegedly driven by Vedant rammed into a bike on May 19 killing two people. Agarwals are a prominent real estate developer in Pune and have been doing business under the name of Bramha in Pune since the last four decades. Below are the five things...

Divi’s Labs founder’s daughter buys two properties in Hyderabad worth ₹80 crore

Divi's Labs founder's daughter, Nilima Prasad Divi, has purchased two properties worth ₹80 crore in Hyderabad's posh Jubilee Hills area, according to documents accessed by Zapkey. Divi's Labs founder's daughter, Nilima Prasad Divi, has purchased two properties worth ₹80 crore in Hyderabad's posh Jubilee Hills area (Representational photo)(Unsplash) Pharma company Divi's Laboratories was...

Delhi-NCR’s unsold housing inventory reduces by 57%, Bengaluru’s unsold stock shrinks by 11% in 5 years

Delhi-NCR, once notorious for speculation-driven housing oversupply and all-round market disarray, is in significantly better shape than the other regions. Delhi-NCR's unsold inventory has declined by more than half in the last five years, data shared by ANAROCK has said. Delhi-NCR's unsold inventory has declined by more than half in the last five years. (Sourced) The top Southern markets -...

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