October 2024

Salman Khan's sister Arpita Khan Sharma has sold an apartment in the Khar area of Mumbai for ₹22 crore, sources said. Salman Khan's sister Arpita Khan Sharma has sold an apartment in the Khar area of Mumbai for ₹22 crore, sources said. ( Birbal Sharma/HT) Arpita Khan Sharma had purchased the apartment in 2017 for ₹18 crore, they said. The property is located in the Flying Carpet...

Shapoorji Pallonji Group's infrastructure engineering and construction company Afcons Infrastructure Ltd (AIL) is gearing up to launch its ₹5,430-crore initial public offering (IPO) on October 25. (Picture for representational purposes only)(Reuters file photo) The initial share sale will conclude on October 29 and the bidding for anchor investors will open for a day on October 24,...

Pune real estate market reported a 33% year-on-year (YoY) decline in property registrations that stood at 11,056 in September 2024 compared to 16,604 in September 2023. The month-on-month property registrations fell by 17% from 13,397 in August 2024, according to data collated by the Maharashtra government’s Department of Registrations and Stamps – the Inspector General of Registration and...

Oct 19, 2024 10:34 AM IST Zerodha co-founder Nikhil Kamath, who was opposed to buying a home, has finally purchased one. In his podcast, he discussed the reason behind his decision. After denouncing the idea of buying a house and instead favouring to rent a place, Zerodha co-founder Nikhil Kamath has revealed that he has finally given in to the idea and bought a house. Zerodha...

Builders Unitech Limited on Friday said it has appealed to homebuyers to clear dues against their respective apartment or plot and also update their contact details; else they would stand to lose their allotment. The Unitech’s current management wants to create separate WhatsApp groups for each project with an aim to give latest updates about their respective project. (Sunil Ghosh/HT Photo)...

Bigger homes continue to dominate buyer preferences since the pandemic. As many as 51% homebuyers prefer 3BHK units while 39% are looking for 2BHK options, according to the second edition of the Homebuyer Sentiment Survey - H1 2024 that was released at the FICCI Real Estate Investment Summit held in Mumbai. As many as 51% homebuyers prefer 3BHK units while only 39% are looking for 2BHK options,...

Marriott International, Inc has announced the signing of an agreement with Prestige Falcon Realty Ventures Private Limited to bring its brand The Edition to South Asia, with a 182-key The Mumbai Edition.Expected to debut in 2028, The Mumbai Edition will mark the brand’s first property in India, establishing a new benchmark for luxury hospitality in the region, the company said in a statement....

Cushman & Wakefield has announced the appointment of Supriya Chatterjee as Managing Director, North India. In her new mandate, Chatterjee will lead the firm’s Delhi-NCR office, driving growth and enhancing client relationships throughout the northern region, including Jaipur, the company said in a statement. Cushman & Wakefield has announced the appointment of Supriya Chatterjee as...

The real estate market continues to be dominated by end-users with more than 67% buying properties for self use. At least 33% of the prospective buyers aim to purchase a property from an investment perspective but given that prices have escalated significantly across the top seven cities, there is a 3% dip compared to last year, a FICCI-Anarock report has said. The real estate market continues...

Mumbai is ranked among the most expensive cities in India for accommodation rentals. The average annual rental cost for housing in Mumbai can put you back by ₹5.18 lakh for a 1 BHK apartment. This exceeds the average annual salary of junior level employees which is around ₹4.49 lakh, an annual report by CREDAI-MCHI, an apex body of real estate developers has said. Mumbai is ranked among the...