2024

For decades, the real estate market in India has received its fair share of interest from the Bollywood fraternity as a preferred area of investment, especially commercial properties. However, this year, several land deals closed by celebrities have made headlines. From Amitabh Bachchan to Kriti Sanon and Suhana Khan, celebrities who've invested in land parcels this year (Representational...

Oct 22, 2024 01:15 PM IST Bengaluru rain: Boats had to be sent inside Kendriya Vihar, Yelahanka, after the property was flooded for the second time in a week. An apartment complex in Bengaluru's Yelahanka, which was once home to former President APJ Abdul Kalam, was among the worst affected by Monday night's rain which brought several northern parts of the city to a standstill. This is...

Over 100 land deals spanning approximately 1,700 acres were closed across six major cities in India between January-September 2024 , according a report released by property consultancy CBRE on October 22. Over 100 land deals spanning 1,700 acres were closed between January-September across six major cities in India (Representational photo)(Abhijit Bhatlekar/ Mint) The land deal volume jumped...

“Was the area affected by the recent floods?,” is a question all property sellers, consultants and brokers in Bengaluru will have to respond to following heavy rains and flooding in some parts of the IT Capital. Do heavy rains impact property values in flood-prone localities of Bengaluru?(PTI) In yet another reminder of periodic infrastructural challenges in Bengaluru, relentless rains...

Institutional investments in the Indian real estate sector increased 41% year-on-year to $0.96 billion in the July-September period of 2024, according to a report released by property consultancy Vestian on October 21. However, it sharply declined from the record $3.1 billion in investments received in the previous quarter. Institutional investments in real estate grew 41% YoY to touch $0.96...

Mumbai-based listed real estate firm Oberoi Realty on October 21 said that it has sold luxury homes worth ₹1,348 crore in its newly launched 75-acre housing project in Thane near Mumbai. Mumbai-based listed real estate firm Oberoi Realty on October 21 said that it has sold luxury homes worth ₹1,348 crore. (Picture for representational purposes only)(Mehul R Thakkar/HT) The company...

The Commission for Air Quality Management (CAQM) on Monday ordered the implementation of GRAP-II in Delhi-NCR. “In an effort to prevent further deterioration of the air quality, the Sub-Committee decided that all actions as envisaged under Stage II of the GRAP-Very Poor Air Quality be implemented by all the agencies concerned in the NCR, in addition to the Stage-I actions already in force, from 8:00...

Hindustan Unilever Limited (HUL) has leased out 5.93 lakh sq ft of warehousing space in Bhiwandi near Mumbai at an initial monthly rent of ₹1.54 crore rent, according to property registration documents accessed by Propstack. Hindustan Unilever Limited (HUL) has leased 5.93 lakh sq ft of warehousing space in Bhiwandi near Mumbai at a monthly rent of ₹1.54 crore (Picture for representational...

After launching projects in North India, Emaar India now plans to foray into the Mumbai real estate market and invest ₹2,000 crore in the next few years. The company on October 21, launched a villa project in Alibag near Mumbai. Emaar India plans to foray into Mumbai real estate market and invest ₹2,000 crore in the next few years. The company on October 21, launched a villa project in...

Housing sales across top 30 Tier 2 cities fell by 13% in the July-September quarter of 2024 while new launches declined by 34%, according to a new report released by real estate data analytics firm PropEquity on October 21. Housing sales in top-30 Tier 2 cities fell 13% to 41,871 units in July-September period (Representational photo)(Shutterstock) Housing sales fell to 41,871 units in Q3...