The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed L&T Realty to deduct only 2% of the total consideration amount and refund the balance to homebuyers who had booked apartments in their Central Mumbai project in 2015. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed L&T Realty to deduct only 2% of the total consideration amount and refund...
by THO
Total equity investments in the real estate sector during Jan-Sep 2024 touched $8.9 bn, up by 46% Y-o-Y. Mumbai, Bengaluru, and Chennai accounted for a 66% share of investments in the Jul-Sep 2024 quarter, according to CBRE’s report titled ‘India Market Monitor Q3 2024 - Investments’. Total equity investments in the real estate sector during Jan-Sep 2024 touched $8.9 bn, up by 46% Y-o-Y....
by THO
The real estate sector saw 25 deals valued at $1.4 billion in the September quarter, driven by Qualified Institutional Placement (QIP) activity, private equity funding in residential and commercial segments, and real estate technology companies, a report by Grant Thornton Bharat has said. The real estate sector saw 25 deals valued at $1.4 billion in the September quarter, driven by Qualified...
by THO
Bengaluru-based healthcare provider Manipal Hospitals, backed by Singapore's Tamesek Holdings, has bought a hospital property in Mumbai’s Andheri for ₹415 crore, documents accessed by Propstack showed. Bengaluru-based healthcare provider iManipal Hospitals has bought a property in Mumbai’s Andheri for ₹415 crore, documents accessed by Propstack showed. (Representational photo) (Pixabay)...
by THO
Housing prices in top 10 cities have surged 88% in the last five years with Gurugram witnessing the maximum increase of almost 160%, according to real estate data analytics firm PropEquity. Housing prices in Top-10 cities surge 88% in five years, Gurugram rates jump 160%. (Representational photo). Photo by Parveen Kumar/ Hindustan Times) According to the report, the average housing price has...
by THO
The City and Industrial Development Corporation (CIDCO) on October 14 said that it has received 12,400 online applications for 26,000 affordable homes that are up for sale in the CIDCO housing lottery. The City and Industrial Development Corporation (CIDCO) on October 14 said that it has received 12,400 online applications for 26,000 affordable homes (HT Files) Maharashtra Chief Minister...
by THO
MUMBAI: With a large number of infra projects being launched in the city, the BMC has decided to auction three of its prime plots in the island city, including one in Malabar Hill, to generate resources. This is the first time that the BMC will lease out its plots, something that institutions like MMRDA and MSRDC have done so far, monetising their land banks to raise money for the infrastructure...
by THO
A woman’s social media post seeking a vegetarian flatmate for her Bengaluru apartment has gathered a staggering 1.5 million views - but not for a good reason. X user Vanshita shared a post on the social media platform X looking for a woman who could occupy one room in a 3BHK apartment in Bengaluru. However, her list of demands for the flatmate – particularly the demand for a vegetarian woman –...
by THO
As many as 2.29 lakh housing units were sold during the January-September period of 2024 which was a growth of 17% compared to the same period last year. Bengaluru and Mumbai lead January-September sales contributing around 44% of the overall sales even as luxury and premium housing sales witnessed maximum demand, a report by JLL showed. As many as 2.29 lakh housing units were sold during the...
by THO
₹75 crore leave the internet in disbelief: ‘Better to buy apartment in Dubai'§ion=Trending&subSection=&impression=true" width="100%" height="0px" style="display:block" frameborder="0" scrolling="no"> Oct 13, 2024 02:36 PM IST A viral post on X revealed Gurgaon's luxury apartments priced at ₹75 crores, sparking disbelief and comparisons to global property costs. A...
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