Standing atop the terrace of a 13-storey tower in sector G7 in Narela – a vast expanse of seemingly endless rows of residential high-rises – a sense of desolation and melancholy is inescapable. In this 184-acre area, people are a rare sight. The silence is punctuated only by barking dogs or the occasional hum of passing vehicles and e-rickshaws from a nearby road. Newly constructed DDA...
2024
Nov 25, 2024 01:01 PM IST Zerodha's Nithin Kamath proposes linking property prices to air and water quality to combat pollution in India. Zerodha co-founder Nithin Kamath has shared a radical idea of linking property prices with air and water quality to help keep the pollution levels down. Zerodha co-founder Nithin Kamath argued that "a property price discount" for the quality of...
South Indian cities such as Chennai, Coimbatore and Bengaluru have emerged as the epicenter of the country's senior living boom, commanding almost 60% of the market share of the overall 20,000 housing units currently available under the segment compared to North Indian cities that comprise 20% share, the West 16% and the East just about 4%, a report by JLL and the Association of Senior Living India...
The real estate sector hopes that the new government in Maharashtra will focus on policies that will foster growth and investment in the state such as faster clearances for projects, an impetus to affordable housing, priority to slum rehabilitation and redevelopment projects and work towards a reduced stamp duty structure. Maharashtra election results 2024: The real estate sector hopes that the...
(Bloomberg) -- Dubai’s transformation into one of the world’s hottest property markets is increasingly pricing out buyers, leading to a revival of interest in real estate investment trusts and prompting many to turn to fractional ownership apps that require as little as $136 in payments. Dubai’s transformation into one of the world’s hottest property markets is increasingly pricing out...
The Supreme Court on Friday directed stricter implementation of anti-pollution measures while questioning various authorities about gaps in enforcement and data discrepancies regarding stubble burning. Air pollution in Delhi-NCR remains in the 'very poor' category. (Sunil Ghosh/HT Photo) With Delhi’s air quality index (AQI) briefly improved to below 400 this week --- it was back to 401 at...
MUMBAI: In an important ruling, the Bombay high court on Thursday held that the competent authority cannot reject applications for deemed conveyance on the grounds of legality and validity of agreements executed between the parties, and directed the joint registrar, Co-Operative Societies to issue certificate of deemed conveyance to a housing society of Kamothe in Navi Mumbai. Deemed...
With Maharashtra assembly elections 2024 results expected to be announced today, homebuyers in Mumbai, the costliest real estate market in the country, hope that the government will focus on middle income housing, improve infrastructure and take steps to ensure that stalled projects are revived. Maharashtra Election Results 2024: Homebuyers in Mumbai hope that the new government will fast track...
Mumbai and Delhi-NCR are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. The financial capital secured the third spot and recorded a 11.5% YoY increase while Delhi took the fifth spot and reported a 6.5% rise in luxury property prices. Mumbai and Delhi are among the top cities in the Asia Pacific region to record the...
Bollywood actor Abhishek Bachchan, whose film ‘I want to talk’ hit the theaters on November 22, has been in the news over the past few months for his real estate purchases. He has bought 12 apartments in Mumbai for around ₹30 crore this year, according to property registration documents. Abhishek Bachchan, whose film ‘I want to talk’ hit the theaters on November 22, has been in the...