2024

With Bengaluru’s metro red line linking Sarjapur to Hebbal getting the Karnataka cabinet approval, rentals in areas in and around southeastern Sarjapura and Hebbal in the northern part of the city are likely to increase by 10 to 30% over the next couple of years, said local brokers. Bengaluru real estate: Namma Metro's red line linking Sarjapur to Hebbal may impact property prices. (Picture...

The Allahabad high court issued notices to the Noida authority and other government bodies concerned on Friday on a petition filed by apartment owners of the Gaur Sportswood housing project in Sector 79. The petitioners, comprising a group of 44 apartment owners, demanded the removal of a 2020 registry ban and execution of tripartite sub-lease deeds for their apartments under the Sports City group...

New-age logistics and industrial real estate manager Welspun has entered into a strategic agreement with the World Trade Centers Association (WTCA) to bring the World Trade Center (WTC) to Thane. Welspun One will build the country’s tallest grade A mixed-use urban distribution centre, investing ₹800 crore in the micro market. Welspun One will invest ₹800 crore in building the country’s...

The year 2024 is likely to register 83-85 mn sq ft of gross leasing of office space across eight major cities, which will be an almost 13% increase compared to the peak volume of 2023, a report by Cushman and Wakefield said. The year 2024 is likely to register 83-85 mn sq ft of gross leasing of office space across eight major cities, which will be an almost 13% increase compared to the peak...

Indiana Group, a diversified group focused on structural steel fabrication, has bought a property in Mumbai's Worli area's Oberoi 360 West project for ₹76 crore, documents accessed by Zapkey.com showed. Indiana Group, a diversified group focused on structural steel fabrication, has bought a luxury property in Mumbai's Worli area, the Oberoi 360 West project, for ₹76 crore. (Representational...

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated scrutiny of all lapsed housing projects and issued show-cause notices to around 11,000 such projects, most of which are in the Mumbai Metropolitan Region. MahaRERA has issued show-cause notices to around 11,000 lapsed housing projects, most of which are in the Mumbai Metropolitan Region. (Photo for representational...

With the upcoming Noida International Airport (NIA) at Jewar in Western Uttar Pradesh successfully completing its validation flight procedures a few days back and marking a key step towards the airport starting commercial operations next year, experts see interest building up from both end-users and investors in real estate projects coming up in Yamuna Expressway, fueled by infrastructure and economic...

Dec 15, 2024 10:16 AM IST According to Karnataka minister MB Patil, SWIFT city will enhance the start-up ecosystem in Bengaluru and will be one of the major industrial hubs in the city. The Karnataka government revealed the plan to develop a SWIFT (Startups, Workspaces, Innovation, Finance and Technology) city near Bengaluru’s Sarjapur, a similar city to the recently announced KWIN...

New Delhi: Under the scheme, states can avail of loans at a discounted rate of 1.5% from the prevailing bank rate for roadworks, water and sanitation, area planning and development projects, among others. (Representational photo/HT Archive) Despite the Centre’s continued push for higher capital expenditure on infrastructure and emphasis on urban development, the Urban Infrastructure...

The name “Chandni Chowk” conjures up the image of the historic Mughal-era marketplace in Delhi, where heritage, chaos, and commerce converge. Home to some of India’s largest wholesale bazaars, this iconic market has, for over 300 years, been a favoured destination for traders and tourists alike. Chandni Chowk market in Delhi on December 6. (Sanchit Khanna/HT Photo) Also Read: The sweet...