November 2024

Mumbai-based real estate firm The House of Abhinandan Lodha (HoABL) has bought the American Center in South Mumbai’s Marine Lines area for ₹55.98 crore, property documents accessed by Propstack showed. The House of Abhinandan Lodha (HoABL) has bought the American Center in South Mumbai’s Marine Lines area for ₹55.98 crore, documents accessed by Propstack showed. The name of the...

Mumbai real estate market reported a 3% year-on-year (YoY) increase in property registrations in November 2024 with the number increasing to 10,095 from 9,736 units in November 2023, according to data sourced from the Inspector General of Registration and Controller of Stamps of Maharashtra as of 1 pm. Mumbai real estate market reported a 3% year-on-year (YoY) increase in property registrations...

Nov 30, 2024 08:55 AM IST Navi Mumbai has declared 527 structures as dilapidated, mandating structural audits for buildings over 30 years old by March 2025 to ensure safety NAVI MUMBAI: A total of 527 structures in Navi Mumbai have been declared by the Navi Mumbai Municipal Corporation (NMMC) as “dilapidated” for the year 2024-25. The list was released following a comprehensive...

DLF Ltd announced on November 29 that its subsidiary, DLF Info City Developers (Kolkata) Ltd., a wholly owned subsidiary of DLF Cyber City Developers Ltd, has entered into definitive agreement to sell and transfer its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP, an affiliate of Primarc and RDB group, on a slump sale basis for an aggregate consideration of approximately Rs....

Nov 29, 2024 07:38 PM IST In a regulatory filing on Nov 29, Macrotech Developers informed that the company has executed a Share Purchase Agreement (SPA) for the acquisition  Listed real estate developer Macrotech Developers, also known as Lodha, has executed a share purchase agreement for acquisition of 100% stake in Janus Logistics and Industrial Parks Private Limited for ₹47.94...

Real estate developers, banks, financial institutions and private equity funds remain positive on the sector's long-term growth prospects. While developers are adapting to shifting market dynamics and leveraging ongoing sales momentum, the non-developer segment exudes confidence in well-structured real estate projects, according to a sentiment index by Knight Frank and Naredco. Real estate...

In response to repeated non-compliance of mandatory submission of annual reports of the real estate projects under construction, the Haryana Real Estate Regulatory Authority (HeRera), Gurugram, has warned real estate promoters to submit annual reports within 30 days to avoid a penalty of ₹5 lakh. Haryana Real Estate Regulatory Authority (HeRera), Gurugram, has warned real estate promoters to...

Mumbai real estate market is the most expensive real estate market in the country and purchasing a home in the financial capital is a dream come true for many homebuyers considering that apartments cost as much as ₹20,000 per sq ft to ₹1.50 lakh per sq ft if not more. Mumbai real estate market is the most expensive real estate market in the country. (Picture for representational purposes...

The Noida authority said it has approved the detailed project report (DPR) of Safe City project, under which 2,100 CCTV cameras will be installed at 212 locations in Noida with an aim to put the city under e-surveillance for the safety of citizens. Noida authority nod for Safe City project to install CCTV cameras across city Officials said chief executive officer Lokesh M on Wednesday...

US-headquartered data centre firm Equinix India Pvt Ltd has purchased 5,597 sq m (1.38 acres) of land in Mumbai's Chandivali area for ₹155 crore, according to the property registration documents accessed by CRE Matrix. US-headquartered data centre firm Equinix India Pvt Ltd has purchased 5,597 sq m (1.38 acres) of land in Mumbai's Chandivali area for ₹155 crore. (Photo for representational...