October 2024

Listed real estate developer Godrej Properties Limited (GPL) on October 21 announced that it has acquired three acres of land in Vastrapur area of Ahmedabad in Gujarat to develop a housing project with an estimated booking value of ₹1,300 crore. Listed real estate developer Godrej Properties Limited (GPL) on October 21 announced that it has acquired three acres of land in Vastrapur area of...

“My contract, signed last year, mentions a yearly rent escalation of 20%, however my landlady hasn’t brought it up yet,” said Anirban Choudhury, a resident of Kasturi Nagar in East Bengaluru. Bengaluru’s rental housing market returns to normalcy pushing past full impact of pandemic, experts say (Representational photo)(Shutterstock) In another example, an early career professional...

The Noida authority has taken stringent action against realtors who have failed to clear their financial dues, sealing properties and suspending an official for negligence on Saturday, the civic body officials said on Sunday. The latest measure follows prior action by the Noida authority against at least six other developers who failed to comply with the state government’s interest waiver...

Bengaluru-based real estate firm Prestige Estates Projects Ltd will invest close to ₹7000 crore to develop a township project in Ghaziabad in Delhi NCR. The project 'Prestige City' is expected to be launched this quarter after all necessary approvals are received. Bengaluru-based real estate firm Prestige Estates Projects Ltd will invest close to ₹7000 crore to develop a township project in...

Stating that RERA has ‘not been able to achieve its desired objectives’ since it became fully functional, homebuyers' body Forum for Peoples’ Collective Efforts (FPCE) has written to the consumer affairs ministry and demanded that it frame specific guidelines for the real estate sector to curb unfair trade practices and protect consumers' interests.  It said that there is an urgent need to...

Institutional investors from Canada, along with its various partners, have invested close to $9 billion into Indian real estate and the current diplomatic row is unlikely to have any adverse impact on existing investments, said Aashiesh Agarwaal, senior vice president, Investment Advisory, ANAROCK Capital. Institutional investors from Canada, along with its various partners, have invested close...

Oct 20, 2024 12:39 PM IST Fans aren't impressed with Ranbir Kapoor and Alia Bhatt's new Mumbai home. Check out the new house. Actor couple Ranbir Kapoor and Alia Bhatt's home in the heart of Mumbai's Bandra is finally complete. Several videos and pictures of the new building have emerged on social media platforms. Over the last few years, Alia Bhatt, Ranbir, and his mother-actor Neetu...

The Air Quality Index (AQI) remained in the 'poor' category in the national capital on October 20 just a few days before Diwali. Restrictions under the first stage of the Graded Response Action Plan (GRAP) have been in force in the national capital since the last five days. The Air Quality Index (AQI) remained in the 'poor' category in the national capital on October 20 just a few weeks before...

Following a brief break from the relentless downpours that wreaked havoc earlier in the week, Bengaluru once again experienced heavy rain on Saturday, causing traffic snarls and flooding in several parts of the city. Commuters move amid rainfall at Cubbon Road, in Bengaluru.(PTI) The India Meteorological Department (IMD) reported that by 8.30 PM on Saturday, Bengaluru city had received 17.4...

Nexus Select Trust, the country’s first REIT backed by rent yielding retail assets, will acquire a shopping mall in Bengaluru for ₹877 crore. Nexus Select Trust, the country’s first REIT backed by rent yielding retail assets, will acquire a shopping mall in Bengaluru for ₹877 crore. (Representational photo)(Pixabay) The Board of Directors of Nexus Select Mall Management Pvt Ltd, the...