July 2024

Author Amish Tripathi, known for his mythological fiction series, including the Shiva Trilogy and the Ram Chandra series, has bought a property in Worli, Mumbai, for ₹13.65 crore, documents accessed by Square Yards showed. Author Amish Tripathi has bought a property in Worli in Mumbai for ₹13.65 crore, documents showed The property, located in the World One project by the Lodha Group,...

As India Inc awaits the presentation of Union Budget 2024 on July 23, stakeholders across sectors are drawing up their wish lists for finance minister Nirmala Sitharaman. Stakeholders of the emerging co-working and co-living segments have demanded inclusion in smart city planning, indirect tax rationalization and integration with special economic zones, among others. Co-working and co-living...

KL Rahul, cricketer and his wife Athiya Suneil Shetty, daughter of Bollywood actor Suniel Shetty, have purchased an apartment in Pali Hill area in Bandra, Mumbai, for ₹20 crore, according to the property registration documents accessed by IndexTap.com KL Rahul, cricketer and his wife Athiya Suneil Shetty, daughter of Bollywood actor Suniel Shetty, have purchased an apartment in Pali Hill area...

Bringing cheer to home tenants in Bengaluru, the city’s rental housing market saw an average price correction of 5-10% during the April-June quarter of the ongoing calendar year, local brokers told HT.com. This is primarily due to several tenants shifting to the outskirts of the city where new housing stock is available at rents lower than prime areas and mushrooming of multiple co-living options,...

Former Maharashtra chief secretary Manoj Saunik, a retired Indian Administrative Office (IAS) of the 1987 batch, will take charge as the new chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA) after the current chairman Ajoy Mehta vacates the post, Maharashtra's housing department said in a government resolution issued on July 16. Former Maharashtra chief secretary Manoj Saunik,...

The Maharashtra Housing and Area Development Authority (MHADA) has auctioned five plots in Mumbai for over ₹192 crore. The Maharashtra Housing and Area Development Authority’s (MHADA) auction of five plots in Mumbai has fetched over ₹192 crore. (Representational photo)(Parveen Kumar/Hindustan Times) Out of the total five plots that were put on auction by the MHADA's Mumbai Board, four...

Bengaluru-headquartered real estate investment management firm Altern Capital has launched its maiden fund targeting a total of ₹250 crore, the company said in a statement dated July 16. Real estate investment management firm Altern Capital launches maiden fund with a target of ₹250 crore (Representational photo)(Unsplash) The Securities and Exchange Board of India-approved category II...

City Industrial Development Corporation (CIDCO), the special planning authority of several areas in Navi Mumbai of the Mumbai Metropolitan Region (MMR), has announced the sale of 48 plots for residential, industrial and hotel use along with 218 shops. City Industrial Development Corporation (CIDCO) has announced the sale of 48 plots for residential, industrial and hotel use along with 218...

Twinkle Khanna and her sister Rinke Khanna have rented two apartments in Mumbai at a starting monthly rent of ₹1.85 lakh for five years, documents accessed by Zapkey showed. Twinkle Khanna and her sister Rinke Khanna have rented two apartments in Mumbai at a starting rent of ₹1.85 lakh for five years.(Instagram) The property is located on the fourth and fifth floors of an apartment...

In a bid to capitalize on the booming demand for home ownership amongst upper middle-class and rich Indians, several real estate developers have recently concluded a flurry of land deals in Bengaluru. However, despite a slew of projects set to be launched in the near-future, sectoral experts do not foresee a moderation in housing prices in the market. Despite several launches on the anvil,...