December 2024

Real estate developers have urged the government to reconsider the proposal of charging 18% Goods & Services Tax (GST) on floor space index and additional FSI charges paid to local authorities for realty projects. The pan-India developers’ body Credai has said that imposing GST on FSI charges could increase housing prices by 10% and adversely impact demand. CREDAI, in a letter to the...

Bollywood film producer Madhu Mantena’s company Big Bang Mediaverse Private Limited has acquired three premium apartments in the posh Juhu locality for ₹25.75 crore, documents accessed by prop-tech company Square Yards show. Bollywood film producer Madhu Mantena’s company Big Bang Mediaverse Private Limited has acquired three premium apartments in the posh Juhu locality for ₹25.75...

Bengaluru's real estate market reported 5667 property registrations in October, an almost 21% dip compared to 7167 units registered in September, according to data by the Inspector General of Registration (IGR) accessed by prop-tech platform Square Yards. Bengaluru's real estate market reported 5667 property registrations in October, an almost 21% dip compared to 7167 units registered in...

With the Noida International Airport expected to be operational by April 2025 and several corporates opening up offices in Noida, not to mention hundreds of homebuyers settling down in the new housing hubs coming up along the Noida-Greater Noida Expressway and Greater Noida West, restaurant brands popular in Noida and Delhi are cashing in on the opportunity by expanding to multiple locations to cater...

Television host and actor Manish Paul has rented out a commercial property in Mumbai’s Andheri West area for Rs. 2 lakh per month for two years, according to registration documents accessed by Square Yards. Manish Paul has rented a commercial property in Mumbai’s Andheri West area for Rs. 2 lakh monthly for two years. (HT Photo) According to Square Yards, the leased property spans 1,200...

Dec 19, 2024 06:16 AM IST Noida authority has issued notices to the owners of these 200 buildings warning them that if they do not adhere to norms, the authority will raze the buildings The Noida authority said it has declared at least 200 buildings illegal as these were built in violation of the building codes, said officials. The authority officials said they have also decided...

Distressed over the delay in getting possession of his apartment and the compensation ordered by RERA, a homebuyer in Bengaluru has now approached the National Human Rights Commission. Distressed over the delay in getting possession of his apartment and the compensation ordered by RERA, a homebuyer in Bengaluru has now approached the National Human Rights Commission. (Representational...

The Yamuna Expressway Industrial Development Authority (Yeida) on Wednesday said that it has issued notices to plot allottees who have not executed the registry of their respective property, thereby causing a revenue loss to the government. Officials said Yeida has executed at least 1,400 registries of the 3,040 industrial plots allotted since 2001, when this industrial body was established...

The Hollywood Hills mansion, once owned by Britney Spears and Brittany Murphy, has again hit the mark and has been listed for tens of millions of dollars despite its dark history. The late Brittany Murphy and pop star Britney Spears, both former owners of 1895 Rising Glen Rd, Los Angeles, CA 90069, had qualms with their Hollywood Hills mansion. Aged 32, the Clueless actress died in her Los...

The year 2024 saw the real estate sector attracting institutional investments of $8.8 billion across deals. Among different asset classes, the residential segment attracted almost half of the inflows followed by office buildings at 28% and warehousing properties at 23% among others, a report by JLL has said. In 2024, the residential segment attracted almost 45% of the $8.8 bn institutional...