2024

With Delhi-NCR grappling with worsening pollution levels, Zerodha co-founder Nithin Kamath has proposed that property prices should be linked with air and water quality to help keep the pollution levels down and that a ‘property price discount’ be offered in areas where levels are high. Real estate experts, however, said that property prices in an area are guided by factors such as scarcity of...

MUMBAI: Three generations of the Mishra family have been raised in a room measuring 220 sq ft in a housing colony at Kalachowkie in Parel. When he moved in with his seven-member family in 1991, Radheshyam Mishra was 32 years old. It was a tight squeeze but, in a city whose real estate is among the world’s most expensive, the Mishras were happy to call it home. Mumbai, India - Nov. 24, 2024:...

The Noida authority has initiated the process of purchasing 25 hectares of agricultural land from farmers to develop new industrial and institutional sectors, numbered 161 to 166 along the Noida-Greater Noida Expressway, officials said on Tuesday. This expansion, which aims to attract industries and bolster regional economic growth, is likely to be the last sectoral development project in Noida due to...

New Delhi, Nov 27 (PTI) Godrej Properties on November 27 launched its qualified institutional placement (QIP) to sell equity shares to investors for raising up to ₹6,000 crore to fund its growth plan. Godrej Properties on November 27 launched its qualified institutional placement (QIP) to sell equity shares to investors for raising up to ₹6,000 crore to fund its growth plan....

Office leasing by Global Capability Centres in Chennai is expected to touch 3.2 mn sq ft by 2025 on the back of growing infrastructure, proactive state government policies, and quality office developments that are aligned to meet the needs of global corporates, a report by CBRE has said. Office leasing by Global Capability Centres in Chennai is expected to touch 3.2 mn sq ft by 2025 on the back...

Global real estate consultant Knight Frank has said that its India chairman and managing director Shishir Baijal will take on the additional responsibility of non-executive chair of the Asia Pacific Region from April next year. Knight Frank appoints Shishir Baijal as non-executive chair of Asia Pacific "As one of Knight Frank’s most senior leaders and a member of the Group Executive Board,...

If you’ve set aside ₹50 lakh to buy a property in Mumbai, you will be in for a surprise for what it can fetch you in the country’s most expensive real estate market. Mumbai real estate: If you’ve set aside ₹50 lakh to buy a property in Mumbai, you will be in for a surprise( (Pratik Chorge/HT Photo)) Several luxury real estate projects are located in areas such as Worli, Prabhadevi...

NOIDA: The Noida authority on Tuesday said that it has decided to write to the economic offence wing in Delhi to launch an investigation against Logix Blossom Zest realty project that allegedly failed to clear its financial dues and also didn’t deliver apartments to homebuyers. The reality firm, however, has rejected the allegations. The Noida authority, meanwhile, has also decided to take...

The market size of the proptech segment in real estate is estimated to touch $600 billion by 2047 from the current $10.5 billion on account of the ongoing and projected technological revolution taking place in the field, according to a joint report by Credai and EY released at the association’s 25th foundation day. The market size of the proptech segment in real estate is estimated to touch...

We’ve come across numerous stories of exchanges between friendly landlords and tenants in India’s metros. An entrepreneur in Bengaluru took to social media to reveal that his landlord is now also playing the role of an advisor for his startup, perfectly capturing a 'Peak Bengaluru' moment in India’s startup capital. The entrepreneur shared a screenshot of his WhatsApp exchange with his...