2024

NOIDA: Property buyers are up against the Uttar Pradesh government’s move to charge stamp duty fee on execution of a sale agreement. It came as the state is making it mandatory for buyers to pay 6% of builder-buyer cost in stamp duty fee at the agreement signing stage, even before the apartment or shop is ready for use and the registry that transfers the ownership right is executed....

The real estate demand from India’s education sector is estimated at over 4 billion square feet by the year 2034-35 as student enrolments across K-12 and higher education segments are expected to increase 1.2 times to exceed 360 million, according to a report released by property consultancy CBRE on October 29. Real estate opportunity in education sector estimated at more than 4 billion...

New Delhi, Nov 3 (PTI) Realty major DLF will invest around ₹8,000 crore to develop an ultra-luxury housing project in Gurugram as it seeks to encash strong demand for premium homes. Realty major DLF will invest around ₹8,000 crore to develop an ultra-luxury housing project in Gurugram as it seeks to encash strong demand for premium homes. (Picture for representational purposes...

New Delhi, Nov 3 (PTI) Markets regulator Sebi has proposed allowing Real Estate Investment Trusts (REITs), Small and Medium REITs (SM REITs) and Infrastructure Investment Trusts (InvITs) to use interest rate derivatives for hedging risk. Markets regulator Sebi has proposed allowing Real Estate Investment Trusts (REITs), Small and Medium REITs (SM REITs) and Infrastructure Investment Trusts...

Kochi-based Federal Bank has bought around 1.01 lakh sq ft of office space spread across five floors for ₹330 crore in Mumbai’s Wadala area in a building known as VIOS Tower, documents accessed by Propstack showed. Kochi-based Federal Bank buys around 1.01 lakh sq ft of office space spread across five floors for ₹330 crore in Mumbai’s Wadala area in a building known as VIOS Tower,...

Several developers in Delhi-NCR and Mumbai have launched ultra luxury projects of late to cater to the requirements of high-networth individuals. Real estate experts say that demand for luxury and ultra luxury properties priced at over ₹5 crore has gone up due to the fear of missing out on new housing project launches as there is less supply chasing high demand. Rich investors are now preferring to...

Addressing the high demand for residential options near the upcoming Noida International Airport area, the Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new residential plot scheme this Diwali 2024. On offer are around 400 plots in Sector 24A. The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new residential plot scheme this Diwali 2024....

Nov 01, 2024 10:28 AM IST MetLife Inc. Chief Financial Officer John McCallion sees a positive outlook for commercial real estate in 2025 amid improving returns from related funds (Bloomberg) -- MetLife Inc. Chief Financial Officer John McCallion sees a positive outlook for commercial real estate in 2025 amid improving returns from related funds as well as supportive economic conditions....

MUMBAI: Piramal Mahalaxmi is a premium housing project that offers luxury apartments with panoramic views of the Mahalaxmi racecourse and the Arabian Sea. The 2, 3 and 4 BHK apartments, in three towers, promise a “lifestyle filled with luxury, comfort and extravagance”. Piramal Mahalaxmi is also Mumbai’s tallest slum redevelopment project, executed under the state’s Slum Redevelopment...

(Bloomberg) -- China’s residential property sales rose in October, the first on-year increase of 2024, as the government’s latest stimulus blitz brought back buyers. China’s residential property sales rose in October, the first on-year increase of 2024, as the government’s latest stimulus blitz brought back buyers.(Photo by AFP) (Representational photo)(AFP) The value of new-home...