July 2024

628 real estate developers under MahaRERA lens for not displaying RERA registration number and QR code in advertisements

628 real estate developers under MahaRERA lens for not displaying RERA registration number and QR code in advertisements

The Maharashtra Real Estate Regulatory Authority (MahaRERA) on July 8 said that it has initiated action against developers of 628 real estate projects for not displaying the RERA registration number and QR code in their advertisements and imposed a penalty of ₹88.90 lakh on them. MahaRERA has initiated action against developers of 628 real estate projects for not displaying RERA registration...

Ambani wedding: All 5-star hotels in BKC ‘sold out’, rates soar to nearly ₹1 lakh a night

Ambani wedding: All 5-star hotels in BKC ‘sold out’, rates soar to nearly ₹1 lakh a night

The pre-wedding festivities of billionaire Mukesh Ambani's son Anant Ambani and his fiancee Radhika Merchant have left a significant mark on both occupancy and prices of hotels in Mumbai. The two main hotel properties in Bandra-Kurla Complex (BKC), a prominent upscale real estate hub in Mumbai where the wedding is due to be held, are all 'sold out', show travel and hotel websites. One of the hotels is...

Premiumization of Mahindra SUVs holds a mirror to luxury housing: Amit Kumar Sinha, MD, Mahindra Lifespaces

Premiumization of Mahindra SUVs holds a mirror to luxury housing: Amit Kumar Sinha, MD, Mahindra Lifespaces

Mahindra Lifespaces plans to rebrand itself to a premium housing company and expand further into Mumbai, Pune and Bengaluru real estate markets. Mahindra Lifespaces plans to rebrand itself to a premium housing company and expand further into Mumbai, Pune and Bengaluru, said Amit Kumar Sinha, Managing Director and CEO of Mahindra Lifespaces. “We now have premium projects and will rebrand...

‘How Bengaluru sells apartments’: Internet laughs as builder touts massive water storage amidst city’s drought woes | Bengaluru

‘How Bengaluru sells apartments’: Internet laughs as builder touts massive water storage amidst city’s drought woes | Bengaluru

In a hilarious development amidst Bengaluru's perennial water woes, a builder banked on “abundant water storage” as their main advertising point for their newest project in the city, striking a funny chord with some on the internet as the city is currently battling a severe water storage. The builder advertised their new project's astonishing water storage capacity rather than details such...

NCR and MMR housing prices appreciate by 49% in five years, unsold inventory drops

NCR and MMR housing prices appreciate by 49% in five years, unsold inventory drops

NCR recorded a 49% five-yearly jump in average housing prices between H1 2019 and H1 2024 – from ₹4,565 per sq ft to ₹6,800 per sq ft. In MMR, the average residential prices appreciated 48% in the period – from ₹10,610 per sq ft in H1 2019 to ₹15,650 per sq ft in H1 2024, research data by Anarock has shown. NCR recorded a 49% five-yearly jump in average housing prices between H1...

Signature Global Q1-FY25 sales bookings grow 255% to ₹3120 crore; collections rise 102% to ₹1210 crore

Signature Global Q1-FY25 sales bookings grow 255% to ₹3120 crore; collections rise 102% to ₹1210 crore

Signature Global, a Delhi-NCR based real estate company, has achieved sales bookings of ₹3120 crore in Q1 FY25 with year-on-year growth of 255% on the back of high demand for residential projects. The company's sales bookings stood at ₹880 crore in the year-ago period, the company said in a regulatory filing. Gurugram-based real estate firm Signature Global said that more than 30% of the...

Surat building collapse: 7 killed, more feared trapped; rescue operation underway | Latest News India

Surat building collapse: 7 killed, more feared trapped; rescue operation underway | Latest News India

Jul 07, 2024 09:02 AM IST Seven people died, and some others are still feared to be trapped for over 12 hours after a multi-storeyed building collapsed in Surat on Saturday. Seven people died and some others are still feared to be trapped for over 12 hours after a multi-storey building collapsed in the Sachin area of Gujarat's Surat on Saturday amid heavy rain for several days in the...

Mumbai watch out! Buyers are now lapping up over ₹10-crore luxury apartments in Bengaluru

Mumbai watch out! Buyers are now lapping up over ₹10-crore luxury apartments in Bengaluru

While big-ticket property deals are common in Mumbai’s real estate market, Bengaluru is fast following its footsteps. High-end residential units priced at ₹10 crore and above have seen growing demand and developers are reciprocating with proportionate fresh supply, industry players who spoke to HT Digital said. With rising aspirations amid a robust economic growth, Bengaluru is seeing...

Ronit Roy and wife Neelam Roy purchase an apartment for ₹18.94 crore in Mumbai’s Versova

Ronit Roy and wife Neelam Roy purchase an apartment for ₹18.94 crore in Mumbai’s Versova

Ronit Bose Roy and wife Neelam Bose Roy have purchased a 4,258 sq ft apartment in Versova area of Mumbai for ₹18.94 crore, according to the property registration documents accessed by IndexTap.com Ronit Bose Roy and wife Neelam Bose Roy have purchased a 4,258 sq ft apartment in Versova area of Mumbai for ₹18.94 crore.(HT Files) The apartment was purchased on a higher floor in the Lodha...

Tamannaah Bhatia buys retail space worth ₹24 crore in Mumbai

Tamannaah Bhatia buys retail space worth ₹24 crore in Mumbai

Tamannaah Bhatia has purchased retail space spanning a total of 2,197 square feet in Mumbai’s Andheri West locality, property registration documents accessed through real estate data aggregation platform IndexTap.com showed. Tamannaah Bhatia buys retail space worth ₹24 crore in Mumbai(HT file photo) The ₹24-crore deal includes one unit each on the ground and first floors of Bharat...

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