October 2024

New Noida registration rules while buying an apartment: What homebuyers should know

New Noida registration rules while buying an apartment: What homebuyers should know

To protect home buyers purchasing new projects in Noida, the Noida Authority has now made it mandatory that a tripartite ‘sale agreement’ be signed between the buyer, builder, and Noida Authority as soon as the buyer pays 10% of the property cost to the developer. To protect home buyers purchasing new projects in Noida, the Noida Authority has now made it mandatory that a tripartite ‘sale...

Diwali 2024: Bengaluru real estate developers gear up for new project launches; offers and discounts take a backseat

Diwali 2024: Bengaluru real estate developers gear up for new project launches; offers and discounts take a backseat

Prospective property buyers in Bengaluru looking to lock down their dream homes this festive season can anticipate a host of new options hitting the real estate market over the next three months, however, they may not be accompanied with the blockbuster deals and discounts traditionally available around this time of the year. Diwali 2024: Bengaluru real estate developers gear up for new project...

HC asks civic body in Navi Mumbai to compile a list of buildings without Occupancy Certificates | Mumbai news

HC asks civic body in Navi Mumbai to compile a list of buildings without Occupancy Certificates | Mumbai news

Oct 28, 2024 07:48 AM IST The Bombay High Court directed NMMC to list buildings occupied without Occupancy Certificates, following a petition highlighting safety violations. Mumbai: The Bombay high court on Friday directed the Navi Mumbai Municipal Corporation (NMMC) to submit a list of buildings which are occupied without obtaining Occupancy Certificates (OC), a vital document that...

BMC issues stop-work notices to two construction sites over foul air | Mumbai news

BMC issues stop-work notices to two construction sites over foul air | Mumbai news

MUMBAI: In a decisive step to curb air pollution, the Brihanmumbai Municipal Corporation (BMC) issued stop-work notices to two construction sites on Saturday evening for failing to comply with air pollution control guidelines. The sites, located in Vile Parle and JB Nagar in Andheri East, were found in violation of critical measures aimed at reducing dust and particulate matter emissions during...

Noida authority to define village residential areas ahead of acquiring land for ‘New Noida’

Noida authority to define village residential areas ahead of acquiring land for ‘New Noida’

The Noida authority has decided to delineate the village residential areas (Abadi) of each village prior to initiating land acquisition for the upcoming ‘New Noida’ development in Gautam Budh Nagar and Bulandshahr districts in a move to ensure transparency and avoid future disputes, officials said on Sunday. The decision aims to prevent errors that could cause distress to farmers and delay...

Macrotech Developers to launch housing projects worth ₹10,000 cr by March in MMR, Pune, B’luru

Macrotech Developers to launch housing projects worth ₹10,000 cr by March in MMR, Pune, B’luru

New Delhi, Oct 27 (PTI) Realty firm Macrotech Developers Ltd will launch nearly 8 million square feet of residential space in the second half of this fiscal with an estimated sales value of ₹10,000 crore, as part of its strategy to expand the business. Macrotech Developers Ltd will launch nearly 8 million square feet of residential space in the second half of this fiscal with an estimated...

NCR-based Signature Global awards ₹1203 crore construction contract to Capacit’e for Gurugram project

NCR-based Signature Global awards ₹1203 crore construction contract to Capacit’e for Gurugram project

NCR-based real estate developer Signature Global announced on October 27 that it has awarded the ₹1203 crore construction contract for its premium residential project, Titanium SPR at Sector 71, Gurugram to Capacit’e Infraprojects Limited. Signature Global has announced that it has awarded the ₹1203 crore construction contract for its premium residential project, Titanium SPR in Gurugram...

Diwali 2024: Do festive discounts matter to Mumbai’s crorepati homebuyers?

Diwali 2024: Do festive discounts matter to Mumbai’s crorepati homebuyers?

Real estate developers are offering gold coins, complementary international tours, fully furnished homes, not to mention spot discounts this Diwali. Having said that, homebuyers who purchase apartments priced at ₹5 crore and above are not necessarily influenced by festive discounts as they are not looking to reduce the upfront financial burden as is the case with affordable and mid segment buyers,...

Noida to draft a co-developer policy to revive delayed realty projects

Noida to draft a co-developer policy to revive delayed realty projects

The Noida authority on Saturday announced plans to formulate a co-developer policy aimed at reviving stalled housing projects, a move that could benefit thousands of homebuyers who have been awaiting completion of their apartments, officials said on Saturday. The decision was taken during a board meeting on Saturday, chaired by Uttar Pradesh chief secretary Manoj Kumar Singh at Noida authority’s...

Office leasing expected to touch over 70 mn sq ft in 2024: Savills India

Office leasing expected to touch over 70 mn sq ft in 2024: Savills India

Office leasing in India is expected to touch 70 mn sq ft on the back of strong leasing activity in major cities by the tech, BFSI, flex workspace, engineering and manufacturing occupiers, a report by Savills India has said. Office leasing expected to touch over 70 mn sq ft in 2024 (Representational photo)(Pixabay) The third quarter of 2024 saw office absorption hit 20.2 mn sq ft, a 28%...

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