October 2024

The Yamuna Expressway Industrial Development Authority (Yeida) has decided to ban the transfer of plots meant for industrial and institutional usage before the owner completes the structure and starts operations at the site. Yeida issued an order on Thursday saying that changes in the constitution of the company owning the plot will not be allowed before the owner gets the building map...

New Delhi, Oct 12 (PTI) Realty firm Godrej Properties acquired six new land parcels in the July-September quarter to develop housing projects worth ₹9,650 crore as part of its expansion plan amid strong demand. Realty firm Godrej Properties acquired six new land parcels in the July-September quarter to develop housing projects worth ₹9,650 crore as part of its expansion plan amid strong...

Mumbai:A total of 314 housing projects across Maharashtra, registered with the state's Real Estate Regulatory Authority (MahaRERA), are currently facing insolvency and bankruptcy proceedings. The list includes projects by prominent developers such as Lavasa, Wadhwa Group, Godrej Properties, Sheltrex Karjat (Tanaji Malasure), RNA Corp, Radius, Nirmal Lifestyle, Neptune Developers and Housing...

“Social media has just ruined Bengaluru's reputation despite being one of the best places to live! I reached Bengaluru after five years, and nothing has changed,” said a fintech professional named Pranay Loya in his LinkedIn post. Bengaluru’s job market, cosmopolitan culture, pleasant weather and evolving entrepreneurial culture are some reasons for its popularity amongst North Indians...

Chennai’s commercial real estate market has seen a 75-fold growth over the past 25 years, reaching 76.5 million square feet by the first half of 2024 from 0.5 - 1 million square feet in 1999, according to a report released by property consultancy JLL. Chennai's office space market expands 75-fold, housing 27 times over last 25 years (Representational photo)(Shutterstock) Meanwhile the...

The net debt of the top eight real estate developers collectively reduced by almost half to approximately ₹20,808 crore by Q1 FY 2025, from over ₹44,817 crore in Q4 FY 2019, due to an increase in property sales, an analysis by Anarock showed. The net debt of the top eight real estate developers collectively reduced by almost half on the back of increased property sales. (Representational...

Bengaluru-headquartered real estate major Puravankara Limited is looking to strengthen its land bank to achieve a total of 45 million square feet over the next two years, Abhishek Kapoor, Group Chief Executive told HT.com Puravankara Limited is eyeing 45 mn sq ft land bank over two years across Bengaluru, Chennai, among other cities, Abhishek Kapoor, Group Chief Executive told HT “We will...

Maharashtra Housing and Area Development Authority (MHADA) is expected to put a total of 18,920 affordable homes on sale starting today in Pune and the Konkan Region that includes parts of Mumbai Metropolitan Region (MMR) such as Thane, Vasai, Virar, Mira Road followed by Raigad district among others. These houses are priced in the range of ₹12 crore to ₹1.11 crore. Maharashtra Housing and...

Bollywood star Amitabh Bachchan is celebrating his 82nd birthday today. Here’s a look at the Bollywood star’s real estate portfolio. Amitabh Bachchan topped the list of film stars who prefer investing in residential and commercial real estate with a ₹194 crore investment into properties Amitabh Bachchan topped the list of film stars who prefer investing in residential and commercial...

While both Bengaluru and Hyderabad feature amongst the top three real estate markets in south India, Bengaluru’s rental housing market has been in the spotlight for reasons ranging from shortage of options to high rental fees, enormous security deposits, bizarre conditions set by landlords, and so on. Hyderabad’s rental housing market is also fast catching up with that of the IT capital’s in...