Tarun Makhija (name changed) has for long aspired to buy a sea-facing luxury condo in Mumbai but did not have enough money to buy one. Recently, a real estate developer offered him a deal for a sea-view flat that suited his budget. While this seems to be a great opportunity to buy a house of his dreams, he’s not sure if it’s actually a good deal because he’s confused between a sea-facing and a...
by THO
The year 2024 was marked by luxury living. The launches of housing projects worth ₹10 crore to almost ₹80 crore made one thing clear - that demand was skewed towards luxury and ultra-luxury homes and that real estate developers left no stone unturned to launch projects that catered to buyers looking for spacious properties that could accommodate their lifestyle and long-term investment goals....
by THO
The Enforcement Directorate (ED) seized several documents from the office premises of Orris Infrastructure Pvt Ltd, along with luxury cars, various Fixed Deposits (FDs) and Bank Guarantees (BGs) worth ₹31.22 crore, in connection with an alleged real state fraud of over ₹500 crore, PTI reported. ED conducted these raids on November 25 at 14 locations across Delhi-NCR. The FDs and BGs,...
by THO
Amazon Data Services Pvt Ltd has bought a 38-acre land parcel in Ambernath near Mumbai from Macrotech Developers, also known as Lodha Group, for ₹450 crore, according to the property registration documents accessed by Proptstack Amazon Data Services Pvt Ltd has bought a 38-acre land parcel in Ambernath near Mumbai from Macrotech Developers. (Picture for representational purposes)(Pexels)...
by THO
Mumbai real estate market's western and central suburbs have emerged as the key hotspots for real estate investment. This is evident from the fact that around 84% of the total 10,200 properties registered in Mumbai in November 2024 were from the western and central suburbs of Mumbai, according to the recent data shared by the Inspector General of Registration and Controller of Stamps of Maharashtra...
by THO
Dec 03, 2024 10:42 AM IST A court in Vietnam on December 3 upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal, state media reported. HANOI (Reuters) - A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery, state media reported....
by THO
NOIDA: The Noida authority in an advisory issued in national dailies and its own website has appealed to the general public to avoid buying farmhouses or plots on Yamuna flood plain and also in unapproved projects. Currently, hundreds of illegal housing and commercial projects including farmhouse projects are being developed in the notified area prompting the authority to take action against...
by THO
Dec 02, 2024 08:52 PM IST More than 88 lakh houses have been delivered to the beneficiaries under the Pradhan Mantri Awas Yojana (Urban), the Rajya Sabha was informed on Dec 2 New Delhi, Dec 2 (PTI) More than 88 lakh houses have been delivered to the beneficiaries under the Pradhan Mantri Awas Yojana (Urban), the Rajya Sabha was informed on Dec 2. More than 88 lakh houses have...
by THO
The Maharashtra Housing and Area Development Authority's Konkan Board has decided to increase the number of affordable homes that are part of the 2024 housing scheme from 12,000 to 16,000. These are located in the Mumbai Metropolitan Region (MMR). The Maharashtra Housing and Area Development Authority (MHADA)'s Konkan Board has decided to increase the number of affordable homes on offer under...
by THO
Shraddha Kapoor, who is soaring high on the success of her recently released Bollywood blockbuster Stree 2, has taken an apartment on rent in Mumbai’s Juhu area for ₹6 lakh per month, property documents accessed by Zapkey showed. Shraddha Kapoor has taken an apartment on rent in Mumbai’s Juhu area for ₹6 lakh per month, property documents accessed by Zapkey...
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