The Haryana government on Saturday approved the proposal to increase external development charges (EDC) of various potential real estate zones in the state by 20% for 2025, and a 10% increase every year from 2026. Sushant Lok near Millennium City Centre Metro station in Gurugram. (Parveen Kumar/HT Photo) The decision will likely increase the cost of real estate development, which might make...
December 2024
Alibag, a tiny coastal town about an hour's drive from Mumbai and by ferry from South Mumbai, is known to be a haven for second homeowners from the Bollywood fraternity and several high and ultra-high-net-worth individuals. Alibag, a tiny coastal town about an hour's drive from Mumbai and by ferry from South Mumbai, is known to be a haven for second homeowners from the Bollywood fraternity....
MUMBAI: Around 200 real estate projects in the Mumbai Metropolitan Region (MMR) are on hold following an order by the National Green Tribunal (NGT), which requires projects within a 5-km radius of eco-sensitive zones to secure environmental clearance from the central government, not state agencies. The order has stalled projects around the flamingo bird sanctuaries in Thane and Navi Mumbai....
Dec 29, 2024 07:40 AM IST Adani Group renames Dharavi Redevelopment Project to Navbharat Mega Developers, facing criticism from Dharavi Bachao Andolan over the change. MUMBAI: The Adani Group has renamed Dharavi Redevelopment Project Private Limited (DRPPL) - the special purpose vehicle for redeveloping one of Asia’s largest slums - to Navbharat Mega Developers Private Limited (NMDPL),...
Mumbai's real estate market is one of the costliest in the country, with high-end deals concerning homes priced anywhere from ₹4 crore to more than ₹100 crore making the headlines. Having said that, the majority can afford homes in the range of ₹1 crore to ₹2 crore in the suburbs. Mumbai's real estate market is one of the costliest in the country, with high-end deals concerning homes...
Interior designer and entrepreneur Sussanne Khan has taken on rent a residential property in the Jogeshwari West area of Mumbai for a monthly rent of ₹2.37 lakh, according to property registration documents accessed by Square Yards. Sussanne Khan gave a fresh spin to the white shirt-blue jeans combo. She is the ex-wife of actor Hrithik Roshan. The apartment is located in Agarwal Ind Estate...
Mumbai's real estate market was in the news in 2024 for Bollywood property deals. Several celebrities bought residential and commercial properties for both end-use and investment purposes. Mumbai's real estate market was in the news in 2024 for Bollywood property deals.(HT Files ) Below is the list of five Bollywood stars who invested in the Mumbai real estate market in 2024. 1. Amitabh...
A group of South Florida developers got a $285 million loan to build luxury condos with a spicy rigatoni vodka twist. A group of South Florida developers got a $285 million loan to build luxury condos with a spicy rigatoni vodka twist. (Representational photo)(Pixabay) Tyko Capital, backed by Elliott Investment Management, is funding the construction of the 56-story Villa Miami, the first...
Several corporate honchos bought properties in the Mumbai real estate market in 2024. These included Nadir Godrej of Godrej Industries, the wires and cables manufacturer RR Kabel Ltd promoter, and Shreegopal Kabra, among others. Several corporate honchos bought properties in the Mumbai real estate market in 2024. (Picture for representational purposes only)(Mehul R Thakkar/HT) Here's a look...
Facebook has renewed its lease for 3.7 lakh sq ft office space in Hyderabad for ₹2.8 crore monthly rent across two separate transactions, registration documents accessed by Propstack showed. Facebook has renewed its lease for 3.7 lakh sq ft office space in Hyderabad for ₹2.8 crore monthly rent across two separate transactions (Representational Image)(Abhijit Bhatlekar/ Mint) The office...