October 2024

Radhika Merchant's mother Shaila Merchant has purchased a sea-facing luxury apartment measuring 2,565 sq ft in South Mumbai in Prestige Ocean Tower for ₹20.76 crore, according to property registration documents accessed by Zapkey. Radhika Merchant's mother Shaila Merchant has purchased a sea-facing luxury apartment measuring 2,565 sq ft in South Mumbai in Prestige Ocean Tower for ₹20.76...

India is today home to over 1,800 global capability centres which occupy more than 240 million square feet of Grade A office space across the country's top seven cities, a new report by property consultancy JLL said on October 23. Over 1,800 GCCs in India lease more than 240 mn sq ft office space across top 7 cities (Representational photo)(Pixabay) In this, Bengaluru leads the pack,...

Average office rents across the top six cities in India have breached pre-pandemic levels for the first time in 2024, according to a report released by property consultancy Colliers on October 23. Average office rents surpass pre-pandemic levels across top six cities in 2024 (Representational photo)(Abhijit Bhatlekar/ Mint) The report highlighted that certain cities such as Hyderabad and...

Gurugram-based Elan Group has secured an investment of ₹1,200 crore from Kotak Real Estate Fund. The funds are slated to be utilised as growth capital, as per a company statement. Elan Group secures ₹1,200 crore from Kotak Real Estate Fund for expansion (Representational photo)(Elan Group) “This investment marks a pivotal moment in our growth journey, enabling us to strengthen our...

New Delhi, Oct 22 (PTI) Fresh assets worth ₹335 crore of the Unitech Group and a linked company have been attached under the anti-money laundering law, the Enforcement Directorate said on October 22 Fresh assets worth ₹335 crore of the Unitech Group and a linked company have been attached under the anti-money laundering law, the Enforcement Directorate said on October 22. (HT Archive)...

A 900 sq yard bungalow has been sold for almost ₹100 crore in Delhi’s tony Sunder Nagar area, according to property market sources. A 900 sq yard bungalow has been sold for almost ₹100 crore in Delhi’s tony Sunder Nagar area, according to property market sources. (Picture for representational purposes only)(Unsplash) According to local brokers, a 867 sq yard bungalow in Sunder Nagar,...

Zerodha co-founder Nikhil Kamath, who has been a long time advocate of renting over buying a home, recently purchased his first apartment. Kamath on his podcast ‘WTF is with Nikhil Kamath’ explained the reasoning behind the move. Zeodha’s Nikhil Kamath has purchased an apartment, does it make sense for you to buy one? Here's what experts say (Representational photo)(HT file photo)...

For decades, the real estate market in India has received its fair share of interest from the Bollywood fraternity as a preferred area of investment, especially commercial properties. However, this year, several land deals closed by celebrities have made headlines. From Amitabh Bachchan to Kriti Sanon and Suhana Khan, celebrities who've invested in land parcels this year (Representational...

Oct 22, 2024 01:15 PM IST Bengaluru rain: Boats had to be sent inside Kendriya Vihar, Yelahanka, after the property was flooded for the second time in a week. An apartment complex in Bengaluru's Yelahanka, which was once home to former President APJ Abdul Kalam, was among the worst affected by Monday night's rain which brought several northern parts of the city to a standstill. This is...

Over 100 land deals spanning approximately 1,700 acres were closed across six major cities in India between January-September 2024 , according a report released by property consultancy CBRE on October 22. Over 100 land deals spanning 1,700 acres were closed between January-September across six major cities in India (Representational photo)(Abhijit Bhatlekar/ Mint) The land deal volume jumped...