July 2024

The Maharashtra Housing and Area Development Authority (MHADA) will be launching its next housing lottery with 2,000 affordable homes in Mumbai city, Sanjeev Jaiswal, Vice Chairman and Chief Executive Officer (CEO) of MHADA told HT.com Maharashtra Housing and Area Development Authority (MHADA) will be launching its next housing lottery with 2,000 affordable homes in Mumbai city, Sanjeev...

The National Company Law Appellate Tribunal (NCLAT) stayed the corporate insolvency resolution proceedings (CIRP) against Supertech Township Projects Limited after it proposed to settle its disputes with Punjab and Sind Bank, its principal financial creditor, within seven days. In pursuance of the impugned order no further steps shall be taken (related with insolvency) except collation of...

Ever since reports of Jennifer Lopez and Ben Affleck's supposedly inevitable divorce have surfaced, the Bennifer 2.0 real estate shuffle frenzy has been way too real. Jennifer Lopez attends the Dior Haute Couture Fall-Winter 2024-2025 collection presented Monday, June 24, 2024 in Paris. (Vianney Le Caer/Invision/AP) Although the pair are still entangled in marital woes, Lopez has finally...

Mindspace Business Parks REIT on July 30 reported a 9.2% increase in net operating income to ₹496 in Q1 FY25 from ₹455 crore Q1 FY24. The company’s revenue from operations increased by 11% to ₹620 crore from ₹560 crore on the back of strong leasing of over one million sq ft in the April to June period. Mindspace Business Parks REIT on July 30 reported a 9.2% increase in net operating...

New Delhi, Jul 30 (PTI) Sebi on July 30 barred real estate firm Omaxe, its chairman Rohtas Goel, managing director Mohit Goel and three others from the securities market for two years for irregularities in the company's financial statements. Sebi on July 30 barred real estate firm Omaxe, its chairman Rohtas Goel, managing director Mohit Goel and three others from the securities market for two...

Real estate firm Macrotech Developers, also known as Lodha Developers, on July 30 reported a profit after tax (PAT) of ₹480 crore, an increase of 186% year-on- year (YoY) for the first quarter (Q1) of FY 25. This company also reported pre- sales of ₹4,300 crore in the Q1 FY25, an increase of 20% YoY. Real estate firm Macrotech Developers on July 30 reported a profit after tax (PAT) of...

Bengaluru recorded a 39% growth in leasing across its high streets and malls during the January-June period of 2024, according to a report released by property consultancy CBRE on July 30. Bengaluru recorded 1 million square feet of retail leasing during the January-June period of 2024, report says (representational photo)(REUTERS) Total retail leasing in the IT capital during the first half...

Property tax dues worth ₹548.94 crore are pending against nearly 2.88 lakh properties spread across eight zones in Bengaluru, according to data shared by the Bruhat Bengaluru Mahanagara Palike (BBMP) on July 30. Property tax dues worth ₹549 crore still pending before the one-time settlement scheme in Bengaluru ends tomorrow (Representational photo)(Aniruddha Chowdhury/Mint) July 31 is...

Bollywood playback singer Sonu Nigam has sold a commercial property worth ₹7 crore in Mumbai, documents accessed by Propstack showed. Sonu Nigam has sold a commercial property worth ₹7 crore in Mumbai, documents accessed by Propstack showed. The built-up area of the property located in Andheri West in Mumbai is 2131 sq ft and the per sq ft rate is ₹32,848, the documents showed. The...

Mumbai-based listed real estate firm Oberoi Realty has announced that it has entered into an agreement to develop and redevelop a land measuring approximately 2576 sq m located at Carter Road, Bandra (West) in Mumbai, the company said in a regulatory filing on July 30. Oberoi Realty has announced that it has entered into an agreement to develop and redevelop a land measuring approximately 2576...