2024

Average housing prices across the top eight markets in India increased by 11% YoY at ₹11,000 per sq ft during Q3 2024 on the back of sturdy demand and positive market sentiments. Delhi- NCR witnessed the highest rise at 32% YoY, followed by Bengaluru at 24% YoY, as per the Colliers-Liases Foras Housing Price Tracker for Q3 2024. Average housing prices across the top eight markets in India...

Mumbai: The Maharashtra Housing and Area Development Authority (Mhada) is considering cancelling the 11% reservation for elected representatives, state and central government employees, and Mhada employees under the Economically Weaker Section (EWS) and Low-Income Group (LIG) categories. This move stems from concerns that their salaries exceed the income criteria set by Mhada. Mhada considers...

Five Indian cities including Bengaluru, Delhi, Mumbai, Hyderabad and Pune will be among the top 15 fastest-growing urban centers by 2033, according to Savills Growth Hubs Index. Five Indian cities including Bengaluru, Delhi, Mumbai, Hyderabad and Pune will be among the top 15 fastest-growing urban centers by 2033, according to Savills Growth Hubs Index.(Representational photo)(IANS) The...

Bhopal, Dec 1 (PTI) Union Carbide factory, the site of the deadly gas leak 40 years ago which was once located on Bhopal's outskirts, is no longer ostracised with its neighbourhood now dotted with residential and commercial establishments. The real estate in the the city grew, though slowly and haphazardly, in the past four decades, though the catastrophe slowed down the development of Bhopal compared...

Buyers will have to pay more for registration of property in Gurugram starting December 1 following the district administration’s decision to hike circle rates by 10% to 30%. Luxury residential areas such as Golf Course Road are expected to see a 30% hike in circle rates. Circle rates hiked by 10-30% in Gurugram from Dec 1, property registration to get costlier. (Representational photo)...

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...