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November 2024

Luxury real estate demand surges, Mumbai alone sold 21 ultra luxury units collectively worth ₹2,200 crore

Luxury real estate demand surges, Mumbai alone sold 21 ultra luxury units collectively worth ₹2,200 crore

Several developers in Delhi-NCR and Mumbai have launched ultra luxury projects of late to cater to the requirements of high-networth individuals. Real estate experts say that demand for luxury and ultra luxury properties priced at over ₹5 crore has gone up due to the fear of missing out on new housing project launches as there is less supply chasing high demand. Rich investors are now preferring to...

YEIDA’s new housing plot scheme 2024: Prices, plot sizes, eligibility and other details

YEIDA’s new housing plot scheme 2024: Prices, plot sizes, eligibility and other details

Addressing the high demand for residential options near the upcoming Noida International Airport area, the Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new residential plot scheme this Diwali 2024. On offer are around 400 plots in Sector 24A. The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new residential plot scheme this Diwali 2024....

Commercial real estate outlook will improve in 2025, MetLife says

Commercial real estate outlook will improve in 2025, MetLife says

Nov 01, 2024 10:28 AM IST MetLife Inc. Chief Financial Officer John McCallion sees a positive outlook for commercial real estate in 2025 amid improving returns from related funds (Bloomberg) -- MetLife Inc. Chief Financial Officer John McCallion sees a positive outlook for commercial real estate in 2025 amid improving returns from related funds as well as supportive economic conditions....

Mumbai real estate: How big-name developers are turning slum-bay into luxe-bay | Mumbai news

Mumbai real estate: How big-name developers are turning slum-bay into luxe-bay | Mumbai news

MUMBAI: Piramal Mahalaxmi is a premium housing project that offers luxury apartments with panoramic views of the Mahalaxmi racecourse and the Arabian Sea. The 2, 3 and 4 BHK apartments, in three towers, promise a “lifestyle filled with luxury, comfort and extravagance”. Piramal Mahalaxmi is also Mumbai’s tallest slum redevelopment project, executed under the state’s Slum Redevelopment...

China home sales rebound as stimulus boosts buyer morale

China home sales rebound as stimulus boosts buyer morale

(Bloomberg) -- China’s residential property sales rose in October, the first on-year increase of 2024, as the government’s latest stimulus blitz brought back buyers. China’s residential property sales rose in October, the first on-year increase of 2024, as the government’s latest stimulus blitz brought back buyers.(Photo by AFP) (Representational photo)(AFP) The value of new-home...

Green roofs can help reduce floods in dense urban areas, says IIT B, CEPT University study

Green roofs can help reduce floods in dense urban areas, says IIT B, CEPT University study

Mumbai, Oct 31 (PTI) Planting small trees on roofs of buildings in dense areas can reduce floods in big and densely populated cities, according to a study jointly conducted by the Ahmedabad-based CEPT University and the Indian Institute of Technology Bombay (IIT Bombay).  Planting small trees on roofs of buildings in dense areas can reduce floods in big and densely populated cities, says a...

US firm seeks 1,200 acres near Noida airport to set up ‘American City’ project

US firm seeks 1,200 acres near Noida airport to set up ‘American City’ project

The Yamuna Expressway Industrial Development Authority (Yeida) on Wednesday said a US-based company has sought 1,200 acres to develop an “American City” project --an international standard educational institute having facilities for performing arts and cultural ethos -- near the Noida greenfield international airport in Jewar, along the 165km Yamuna Expressway that connects Greater Noida with...

Viral post compares  million homes in Gurgaon vs New York: ‘Indian real estate is a scam’ | Trending

Viral post compares $3 million homes in Gurgaon vs New York: ‘Indian real estate is a scam’ | Trending

When it comes to real estate, $3 million (approximately ₹25 crore) can mean vastly different things in India and the United States, as highlighted by a recent post going viral on X. Management consultant Gurjot Ahluwalia shared a side-by-side comparison of what $3 million will get a buyer in India vs the US, and social media users were struck by the disparity that highlights how overpriced the...