October 2024

China home price slump drags on despite revival efforts

China home price slump drags on despite revival efforts

Oct 18, 2024 09:26 AM IST China’s September home prices fell at almost the same pace as the previous month, despite the country’s efforts to stabilize the real estate sector. (Bloomberg) -- China’s September home prices fell at almost the same pace as the previous month, despite the country’s efforts to stabilize the real estate sector. China’s September home prices fell...

Navi Mumbai real estate: Only 15 of 47 plots sold in CIDCO auction | Mumbai news

Navi Mumbai real estate: Only 15 of 47 plots sold in CIDCO auction | Mumbai news

Navi Mumbai: The latest auction of plots in Navi Mumbai has drawn a surprisingly lukewarm response, considering the premium real estate prices in the city and the record numbers clocked in earlier times. On Tuesday, however, only 15 of the 47 plots offered by the City and Industrial Development Corporation (CIDCO) received qualified bids. The poor response is especially surprising considering the...

Noida seals four housing projects for violation of building by-laws

Noida seals four housing projects for violation of building by-laws

The Noida authority on Thursday said it has sealed four housing projects for violations of building by-laws. The promoters of these four projects were found doing construction at the site even after the term of the construction period ended a long time ago, said officials. Noida authority officials in the process of sealing one of the four housing project sites on Thursday. (HT Photo)...

Five-member safety committee formed to monitor lifts, escalators in GB Nagar

Five-member safety committee formed to monitor lifts, escalators in GB Nagar

A five-member safety committee, chaired by Gautam Budh Nagar district magistrate Manish Kumar Verma, has been established to monitor and review safety and functioning of lifts, escalators in high-rise buildings in Gautam Budh Nagar, said officials on Thursday. In the event of an accident, a joint investigation will be conducted by an electrical inspector and an executive magistrate, with the...

Nirala World buys 2.6 acre land parcel in Greater Noida for ₹180 crore to build a commercial project

Nirala World buys 2.6 acre land parcel in Greater Noida for ₹180 crore to build a commercial project

Delhi-NCR-based company Nirala World has acquired a 2.6 acre land parcel in Greater Noida for ₹180 crore and intends building a commercial project on it.The company said it has bought 10,600 square meters of land (2.6 acres) worth ₹180 crore, including GST, lease rent and stamp duty.The amount includes GST, lease rent and stamp duty. The parcel of land is located in the Greater Noida West sector...

Co-working firm BHIVE leases 900 desks to Nuvama in BKC, Mumbai

Co-working firm BHIVE leases 900 desks to Nuvama in BKC, Mumbai

Flexible office space provider BHIVE has leased more than 900 seats to Nuvama, a wealth management company, at Bandra Kurla Complex in Mumbai, the company said in a statement.Nuvama has taken 900-plus flexible office seats in BHIVE Platinum BKC, Adani Inspire BKC, Mumbai, it said. Flexible office space provider BHIVE has leased more than 900 seats to Nuvama, a wealth management company, at...

Pharma major Micro Labs buys 3-acre land parcel for ₹111 crore in Bengaluru

Pharma major Micro Labs buys 3-acre land parcel for ₹111 crore in Bengaluru

Dolo-650 manufacturer Micro Labs Limited has purchased a 3-acre industrial land in Bengaluru in exchange for a sum of ₹111.07 crore, property registration documents accessed through real estate data analytics platform Propstack showed. Pharma major Micro Labs buys 3-acre land parcel for ₹111 crore in Bengaluru.(Representational image)(HT Photo (Representative Image)) The said land...

Luxury housing sales surge 38% in January to September period this year across seven major cities

Luxury housing sales surge 38% in January to September period this year across seven major cities

The luxury housing segment that includes units priced at ₹4 crore and above saw sales increasing by almost 37.8% Y-o-Y during the Jan-Sep 2024 period on the back of high demand, CBRE South Asia Pvt Ltd said in its report titled India Market Monitor Q3 2024 – Residential. The luxury housing segment that includes units priced at ₹4 crore and above saw sales increasing by almost 37.8% Y-o-Y...

Festive season 2024: Property registrations in Mumbai up by 13%, stamp duty revenue increases by 15%

Festive season 2024: Property registrations in Mumbai up by 13%, stamp duty revenue increases by 15%

The Mumbai real estate market reported a 13% increase in property registrations during Navratri 2024. Property registrations during the nine-day festive period increased to 5,199 from 4,594 in Navratri 2023, according to property registrations data by the Inspector General of Registration and Controller of Stamps of Maharashtra. The Mumbai real estate market reported a 13% increase in property...

Chintels Paradiso: Tower A deemed unsafe for residents, says audit

Chintels Paradiso: Tower A deemed unsafe for residents, says audit

A structural audit of the Chintels Paradiso condominium at Gurugram Sector 109 has found an eighth tower in the complex — Tower A — to be unsafe for habitation, and has recommended that it be vacated, people aware of the development said on Wednesday. The Chintels Paradiso condominium at Sector 109 (HT Archive) Officials with Chintels India Ltd, the builder, said that they commissioned...

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