The Yamuna Expressway Industrial Development Authority (Yeida) has decided to launch an affordable housing scheme of 6,500 residential plots near the greenfield Noida international airport, said authority officials on Wednesday. Apart from 6,000 plots of 30 square metres, there will be around 500 plots of size ranging from 200 square metres and 4000 square metres for residential use. The rates...
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The Maharashtra Real Estate Regulatory Authority (MahaRERA) on May 23 said that it has suspended registration of about 20,000 agents for a period of one year after they failed to obtain the MahaRERA Real Estate Agent Certificate of Competency. The MahaRERA has said 20,000 real estate agents cannot transact until they clear the competency certification exam. (Pratik Chorge/HT Photo) The...
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Godrej Properties Ltd announced on May 23 that it has sold around 650 homes worth over ₹2,000 crore in its project, Godrej Jardinia, located in Sector 146, Noida, the company said in a regulatory filing. Godrej Properties Ltd announced on May 23 that it has sold around 650 homes worth over ₹2,000 crore in its project, Godrej Jardinia, located in Sector 146, Noida, (Representational photo)...
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Gurugram-based real estate developer M3M Group has launched an uber luxury project on Golf Course Road Extension for which it will be investing close to ₹1200 crore, the company said in a statement. Gurugram-based real estate developer M3M Group has launched an uber luxury project on Golf Course Road Extension for which it will be investing close to ₹1200 crore The 4-acre project is part...
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L&T Realty has signed a joint development agreement (JDA) for a slum rehabilitation project to develop 31.25 lakh sq ft worth ₹697 crore in Thane near Mumbai, according to the registration documents accessed by CRE Matrix showed. The project is located in area Panchpakhadi of the Thane real estate market.(Praful Gangurde/ HT/Representational Image) The project is located in area...
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Several fractional ownership platforms have started the process of registering under SM REIT regulations within months of SEBI notifying the rules to govern small and medium real estate investment trusts (SM REITs) of income-generating and completed properties including commercial assets and rental housing. Several fractional ownership platforms have started the process of registering under SM...
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The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q1 2024 (January-March), primarily driven by the rise in Average Daily Rate (ADR) of 8.5% over Q1 2023, resulting in a RevPAR growth of 11.4%, a report by JLL has said. The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q1 2024 (January-March)...
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The Enforcement Directorate (ED) on Tuesday said it has attached fresh assets worth about ₹59 crore of real estate company IREO and some others as part of a money laundering investigation. The Enforcement Directorate (ED) on Tuesday said it has attached fresh assets worth about ₹59 crore of real estate company IREO and some others as part of a money laundering investigation. | X account)...
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The Greater Noida authority has issued notices to owners of structures built illegally on the floodplains of river Hindon, thereby damaging the river ecology, said officials in the know of the matter on Tuesday. Owners have been told to demolish the unauthorised structures on the Hindon floodplains, in Greater Noida. (HT Archive) The authority has issued a total of 350 notices to owners of...
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CapitaLand Investment Limited (CLI) has appointed Sumit Gera as Chief Executive Officer (CEO), India Business Park, the company said on May 21. CapitaLand Investment Limited (CLI) has appointed Sumit Gera as Chief Executive Officer (CEO), India Business Park, the company said on May 21. Gauri Shankar Nagabhushanam has been appointed as CEO (Designate) of CapitaLand India Trust (CLINT),...
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