“Was the area affected by the recent floods?,” is a question all property sellers, consultants and brokers in Bengaluru will have to respond to following heavy rains and flooding in some parts of the IT Capital. Do heavy rains impact property values in flood-prone localities of Bengaluru?(PTI) In yet another reminder of periodic infrastructural challenges in Bengaluru, relentless rains...
by THO
Institutional investments in the Indian real estate sector increased 41% year-on-year to $0.96 billion in the July-September period of 2024, according to a report released by property consultancy Vestian on October 21. However, it sharply declined from the record $3.1 billion in investments received in the previous quarter. Institutional investments in real estate grew 41% YoY to touch $0.96...
by THO
Mumbai-based listed real estate firm Oberoi Realty on October 21 said that it has sold luxury homes worth ₹1,348 crore in its newly launched 75-acre housing project in Thane near Mumbai. Mumbai-based listed real estate firm Oberoi Realty on October 21 said that it has sold luxury homes worth ₹1,348 crore. (Picture for representational purposes only)(Mehul R Thakkar/HT) The company...
by THO
The Commission for Air Quality Management (CAQM) on Monday ordered the implementation of GRAP-II in Delhi-NCR. “In an effort to prevent further deterioration of the air quality, the Sub-Committee decided that all actions as envisaged under Stage II of the GRAP-Very Poor Air Quality be implemented by all the agencies concerned in the NCR, in addition to the Stage-I actions already in force, from 8:00...
by THO
Hindustan Unilever Limited (HUL) has leased out 5.93 lakh sq ft of warehousing space in Bhiwandi near Mumbai at an initial monthly rent of ₹1.54 crore rent, according to property registration documents accessed by Propstack. Hindustan Unilever Limited (HUL) has leased 5.93 lakh sq ft of warehousing space in Bhiwandi near Mumbai at a monthly rent of ₹1.54 crore (Picture for representational...
by THO
After launching projects in North India, Emaar India now plans to foray into the Mumbai real estate market and invest ₹2,000 crore in the next few years. The company on October 21, launched a villa project in Alibag near Mumbai. Emaar India plans to foray into Mumbai real estate market and invest ₹2,000 crore in the next few years. The company on October 21, launched a villa project in...
by THO
Housing sales across top 30 Tier 2 cities fell by 13% in the July-September quarter of 2024 while new launches declined by 34%, according to a new report released by real estate data analytics firm PropEquity on October 21. Housing sales in top-30 Tier 2 cities fell 13% to 41,871 units in July-September period (Representational photo)(Shutterstock) Housing sales fell to 41,871 units in Q3...
by THO
“Art collector. Art connoisseur”: These are the words used by Maheep Kapoor to describe Shalini Passi, the newest addition to her Netflix reality show Fabulous Lives vs Bollywood Wives. Though Maheep’s tone may have carried a hint of derision, she couldn’t have summed up the grande dame of Delhi’s art scene more accurately. Shalini Passi poses inside her art-filled Delhi...
by THO
Almost 53% of the homebuyers are dissatisfied with the available options in the affordable housing segment across cities. They cite project location, low construction quality, inferior design elements and small unit size as the main reasons, according to the Anarock-FICCI Homebuyer Sentiment Survey - H1 2024. About 53% home buyers unhappy with affordable housing options (Representational...
by THO
The Maharashtra Real Estate Regulatory on October 21 said that the conciliation forums have resolved 1,749 complaints between homebuyers and real estate developers across the state. Maharashtra Real Estate Regulatory on October 21 said that the conciliation forums have resolved 1,749 complaints between homebuyers and real estate developers across the state(HT FIles) The MahaRERA had set up...
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