2024

On the back of renewed investor confidence, strong homeownership sentiment, large-scale infrastructure development and rising cost of land and construction, the National Capital Region (NCR) has seen an increase of 137% in housing prices with Noida, Gurugram, Ghaziabad and Greater Noida witnessing prices double between September 2019 and 2024, according to a report by PropEquity.According to a data...

Jaypee Infratech Ltd's Managing Director and Chief Executive Officer Aalok Champak Dave has resigned from the company citing personal reasons. The company has appointed Abhijit Gohil as the new Chief Executive Officer (CEO). Jaypee Infratech Ltd's Managing Director and Chief Executive Officer Aalok Champak Dave has resigned from the company citing personal reasons. (Representational...

With the air quality remaining in the ‘severe’ category for the third consecutive day, the Commission for Air Quality Management (CAQM) has imposed strict measures to curb pollution levels and imposed GRAP Stage III in the national capital. Restrictions under Stage III include a ban on non-essential construction and demolition, closure of stone crushers and mining activities in Delhi-National...

Listed real estate developer Man Infraconstruction Limited (MICL) plans to launch a uber luxury project in Bandra's Pali Hill area of Mumbai in the first quarter of next financial year. The project will be launched as part of redevelopment of Virgo Cooperative Housing Society where Bollywood actor Aamir Khan owns a few apartments. Mumbai redevelopment news: Listed real estate developer Man...

Nov 15, 2024 09:29 AM IST Prestige Group plans to develop a housing project spanning approximately 1 mn sq ft of carpet area on the land parcel, it said in a regulatory filing. Bengaluru-based Prestige Group has announced that it has acquired 22,135 sq. m of land together with all rights within the jurisdiction of Mira Bhayandar Municipal Corporation, Mumbai, next to western express...

Nov 15, 2024 07:51 AM IST Rinku Singh has bought a lavish house in Aligarh for ₹3.5 crore. The cricketer gave a tour of his 6-bedroom property which comes with a private pool. Rinku Singh’s journey to fame and fortune is the stuff that dreams are made of. The 27-year-old became an overnight sensation when he hit five sixes in one over against Gujarat Titans' Yash Dayal during an IPL...

The Delhi government on Thursday announced that the third stage of the Graded Response Action Plan (GRAP) meant for reducing air pollution will come into effect from Friday, given the deteriorating air quality index and the thick smog that has blanketed the city since Wednesday. Delhi recorded 'severe' air quality on Thursday.(Sunil Ghosh/HT Photo) The GRAP Stage III curbs include a ban on...

Stating that the declining state of Indian cities is akin to a ticking time bomb signalling their devastation, DLF chairman emeritus K P Singh has urged Prime Minister Narendra Modi to convene a high-powered cabinet rank committee, comprising planners and developers from the private sector in every major city and environmentalists, to prepare a blueprint for the development of urban infrastructure in...

DLF’s chairman emeritus KP Singh’s advice to real estate developers undertaking redevelopment projects is that evicting tenants is an ‘art of negotiating’ and that they should be able to convince people living in buildings, that they are trying to redevelop, to leave amicably. In his new book ‘Why the heck not?’ DLF’s chairman emeritus K P Singh recollects the challenges he had to...

Nov 14, 2024 02:45 PM IST GRAP-III is usually implemented when the AQI reaches the "severe" category, however the environment minister said air quality is expected to improve tomorrow Delhi environment minister Gopal Rai announced n Thursday that the government will not impose the third phase of Graded Response Action Plan (GRAP-III) in the national capital, in anticipation of improved...