August 2024

The share of property registrations by homebuyers aged more than 61 years has increased by 204%, from 7,554 in 2020 to 15,276 in 2024, with senior citizens being more inclined to upgrade to bigger homes after the pandemic, a recent study on property registration trends in Mumbai (MMR) by Knight Frank India has shown. The share of property registrations by homebuyers aged more than 61 years has...

New Delhi , August 29 (ANI): The Enforcement Directorate (ED) has attached immovable properties, spanning 401.65479 acres and valued at Rs. 834.03 crore belonging to EMAAR India Ltd and MGF Developments Ltd, the agency said on Thursday. The Enforcement Directorate (ED) has attached immovable properties, spanning 401.65479 acres and valued at Rs. 834.03 crore belonging to EMAAR India Ltd and MGF...

The Supreme Court on Thursday gave a lease of life to the Amrapali housing projects, constructed by the government’s construction arm NBCC, by directing the Noida and Greater Noida authorities to grant approval of construction plans for additional flats in seven Amrapali projects, the sale of which could fetch a substantial amount for financing the pending projects stuck due to financial crunch....

Amaravati, Aug 29 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on August 29 directed officials to formulate plans to make Amaravati into an Artificial Intelligence (AI) city. Andhra Pradesh Chief Minister N Chandrababu Naidu on August 29 directed officials to formulate plans to make Amaravati into an Artificial Intelligence (AI) city.(File) Reviewing the capital city works, the...

Bollywood actor Kartik Aaryan has rented out an apartment in Mumbai for ₹4.5 lakh per month, according to property registration documents accessed by proptech platform Square Yards.  Kartik Aaryan rents out 1,900-sq ft apartment in Mumbai for ₹4.5 lakh per month(Sunil Ghosh / Hindustan Times) The lease and license agreement was registered on August 28 with a stamp duty of ₹42,500, the...

To boost housing sales in the state, the Maharashtra government may consider real estate developers' demand for granting more concessions on registration and stamp duty charges, said Atul Save, minister of housing, government of Maharashtra at the third edition of The Real Estate Forum 2024 organised by National Real Estate Development Council (NAREDCO), an apex body of real estate developers, in...

Aug 29, 2024 06:38 PM IST Dharavi Redevelopment Project: Srinivas said the survey of Dharavi tenements is currently on and is likely to be completed by March 2025. Construction work on Dharavi redevelopment project (DRP) may start in the next six to eight months, said SVR Srinivas, Chief Executive Officer (CEO) of Dharavi Redevelopment Project (DRP), on the sidelines of The Real Estate...

Gurugram-based M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, a global hospitality technology company, have signed a Memorandum of Understanding (MoU) to launch the premium SUNDAY hotel. M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, have signed a Memorandum of Understanding (MoU) to launch the premium SUNDAY Hotel in India. The project...

Managed co-working firm Urban Vault has leased 1 lakh square feet of office space in Bengaluru from real estate company Brigade Group in order to expand its business and meet the rising demand for managed workspaces from domestic and global companies. Co-working firm Urban Vault leases 1 lakh square feet office space in Bengaluru(Urban Vault) The new facility located in Brigade Summit, a...

DLF’s Rajiv Singh and family, ranked at 14, topped the Hurun India Rich List 2024 among real estate developers with a wealth of more than ₹1.37 lakh crore followed by Mangat Prabhat Lodha and family of Macrotech Developers at 17th rank and a wealth of over ₹1.03 lakh crore. DLF’s Rajiv Singh and family, ranked at 14, topped the Hurun India Rich List 2024 among real estate developers...