Real estate developers, banks, financial institutions and private equity funds remain positive on the sector's long-term growth prospects. While developers are adapting to shifting market dynamics and leveraging ongoing sales momentum, the non-developer segment exudes confidence in well-structured real estate projects, according to a sentiment index by Knight Frank and Naredco. Real estate...
2024
Haryana RERA warns real estate promoters to submit annual reports within 30 days or pay ₹5 lakh fine
In response to repeated non-compliance of mandatory submission of annual reports of the real estate projects under construction, the Haryana Real Estate Regulatory Authority (HeRera), Gurugram, has warned real estate promoters to submit annual reports within 30 days to avoid a penalty of ₹5 lakh. Haryana Real Estate Regulatory Authority (HeRera), Gurugram, has warned real estate promoters to...
Mumbai real estate market is the most expensive real estate market in the country and purchasing a home in the financial capital is a dream come true for many homebuyers considering that apartments cost as much as ₹20,000 per sq ft to ₹1.50 lakh per sq ft if not more. Mumbai real estate market is the most expensive real estate market in the country. (Picture for representational purposes...
The Noida authority said it has approved the detailed project report (DPR) of Safe City project, under which 2,100 CCTV cameras will be installed at 212 locations in Noida with an aim to put the city under e-surveillance for the safety of citizens. Noida authority nod for Safe City project to install CCTV cameras across city Officials said chief executive officer Lokesh M on Wednesday...
US-headquartered data centre firm Equinix India Pvt Ltd has purchased 5,597 sq m (1.38 acres) of land in Mumbai's Chandivali area for ₹155 crore, according to the property registration documents accessed by CRE Matrix. US-headquartered data centre firm Equinix India Pvt Ltd has purchased 5,597 sq m (1.38 acres) of land in Mumbai's Chandivali area for ₹155 crore. (Photo for representational...
(Bloomberg) -- China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings. China’s property slump may extend into 2025, Fitch Ratings says (Representative photo)(AFP) China’s new home prices will fall by another 5% next year, as measured by China’s official statistics...
Nov 28, 2024 07:55 PM IST The Union Housing and Urban Affairs Ministry has received 28 proposals from 23 states for incubation of new cities New Delhi, Nov 28 (PTI) The Union Housing and Urban Affairs Ministry has received 28 proposals from 23 states for incubation of new cities, which are currently with the competent authority for examination, the Lok Sabha was informed on November 28....
Survey work for 25,000 tenements has been completed and 60,000 dwellings have been numbered since the exercise began in March this year on the Dharavi redevelopment project, according to the statement issued by Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the government of Maharashtra and the Adani Group on November 28. Dharavi redevelopment: Survey work for 25,000...
A woman hunting for a house in Bengaluru says she found a lovely apartment but was rejected because of her age. Naina, aged 20, resorted to creating a Power Point presentation of her best qualities – things that would make her a good flatmate – after she was rejected by the people already living in the apartment she liked. A woman is facing lighthearted mockery for her video on flat-hunting...
Pune real estate market reported a 39% year-on-year (YoY) increase in property registrations that stood at 20,894 in October 2024 compared to 24,983 in September 2024. This rise was on account of the festive season beginning with Navratri 2024 on October 3 and culminating in Diwali 2024 on October 31. Pune real estate market reported a 39% year-on-year (YoY) spike in property registrations that...