2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) on October 22 issued an order stating that a clause be included in the agreement for sale signed between homebuyers and developers mentioning the amount (including tax) to be paid as fees, commission, brokerage, to the agent by the developer, buyer or both as the case may be. MahaRERA has not specified that the provision concerning...

Delhi-NCR is the 6th most expensive office space rental market across the Asia Pacific region with an average monthly rental of ₹340 per sq ft and Mumbai is ranked 8th with an average monthly rental of ₹317 per sq ft. Hong Kong SAR continues to be APAC’s most expensive office market during the quarter, as per Knight Frank’s latest edition of the Asia-Pacific Prime Office Rental Index for Q3...

DLF chairman emeritus K P Singh recollects that his mother had once advised him that ‘whenever you fall you must look up’ and this has had a profound impact on his life. DLF chairman emeritus K P Singh recollects that his mother had once advised him that ‘whenever you fall you must look up’ and this has had a profound impact on his life. He recollects an incident several years back...

With the British rock band Coldplay all set to hold their biggest ever show in Ahmedabad early next year, a few hotels are upping the ante by offering rooms for ₹1.60 lakh for two nights, much beyond New Year rates. With the British rock band Coldplay all set to hold their biggest ever show in Ahmedabad early next year, a few hotels are upping the ante by offering rooms for ₹1.60 lakh for...

As winter descends on Gaza's tent cities, emergency housing made from mushrooms could keep out the cold -- just one of several sustainable, home-grown innovations put forward by Arab designers at an expo in Dubai. As winter descends on Gaza's tent cities, emergency housing made from mushrooms could keep out the cold -- just one of several sustainable, home-grown innovations put forward by Arab...

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...