September 2024

The potential Small and Medium Real Estate Investment Trusts (SM REITs) market size in India is expected to exceed $60 billion by 2026, according to a report by property consultancy CBRE on September 5. India's potential small and medium REITs market likely to exceed $60 billion by 2026 (Representational photo)(Pexels) Mumbai recorded the highest potential SM REIT-ready completed office...

Sep 06, 2024 10:57 AM IST Rainfall exposes infrastructure issues in Delhi NCR, leading to complaints from commuters about delays. Three days of intermittent rainfall have rendered large parts of Delhi NCR unnavigable, exposing cracks in the region’s infrastructure. Several key routes in Delhi and Gurgaon experienced heavy waterlogging over the last few days, highlighting inadequate...

Sep 06, 2024 07:49 AM IST The one-bedroom, one-bathroom bungalow, which was partially crushed by a tree earlier, is located in suburban Monrovia, northeast of Los Angeles. Newly listed for sale in Southern California's notoriously pricey realty market: half a house for half a million dollars. The picture shows the "half house", which is up for sale for nearly half a million dollars....

Bollywood actor Anupam Kher has bought a commercial office space in Andheri near Mumbai for ₹3.88 crore, documents accessed by FloorTap.com showed. Anupam Kher on changing perspective of the industry The office space is spread over an area of 887 sq ft RERA carpet and located on the 24th floor of the tower known as Parinee 1. The deal was executed on September 3 and a stamp duty of...

Adani Group’s chairman Gautam Adani said on September 5 that the Dharavi Redevelopment Project that his company is executing is not only about urban renewal but also about restoring the dignity of over 1 million residents and showcasing the potential of ambitious, purposeful action. Adani Group’s founder and chairman Gautam Adani said on September 5 that the Dharavi Redevelopment Project...

NCR-based County Group has signed a development agreement for a 7.9-acre land parcel at village Harsaru in Gurugram for a consideration of ₹105 crore, property documents accessed by CRE Matrix showed. NCR-based County Group has signed a development agreement for a 7.906-acre land parcel at village Harsaru in Gurugram for a consideration of ₹105 crore. (Representational photo) Photo by...

The Uttar Pradesh government’s public accounts committee (PAC) has cleared Noida’s Sports City project, which comprises premium group housing projects alongside world class sports facilities, in Noida’s Sector 150. The project has remained stuck since the past four years and with the PAC’s green signal, Noida authority has decided to lift the four-year ban imposed on the sale of plots,...

Actor and producer Aftab Shivdasani has sold a 1,304-square feet residential property in Mumbai for ₹7 crore, according to property registration documents accessed through Zapkey.com. Actor Aftab Shivdasani sells 1,304-square feet apartment in Mumbai for ₹7 crore, according to documents shared by Zapkey The apartment, which was sold along with three car parks, is located in Raheja...

Gurgaon residents battled waterlogged roads and traffic congestion on Wednesday morning after a spell of rainfall again brought the city to a standstill. In one of Gurgaon’s most upscale neighbourhoods, which recently grabbed headlines for the sale of ₹100 crore DLF apartments, luxury cars were seen driving in deep water. A viral video shows Gurgaon's Golf Course Road flooded after...

A total of 25 ultra-luxury homes priced more than ₹40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the first eight months of 2024 for a collective sales value of approximately ₹2,443 core, Anarock data showed. A total of 25 ultra-luxury homes priced more than ₹40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the first eight months of 2024 for a...