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2024

Cushman & Wakefield appoints Supriya Chatterjee as Managing Director, North India

Cushman & Wakefield appoints Supriya Chatterjee as Managing Director, North India

Cushman & Wakefield has announced the appointment of Supriya Chatterjee as Managing Director, North India. In her new mandate, Chatterjee will lead the firm’s Delhi-NCR office, driving growth and enhancing client relationships throughout the northern region, including Jaipur, the company said in a statement. Cushman & Wakefield has announced the appointment of Supriya Chatterjee as...

Over 67% people buy property for self-use; investors press the pause button due to rising prices: FICCI-Anarock survey

Over 67% people buy property for self-use; investors press the pause button due to rising prices: FICCI-Anarock survey

The real estate market continues to be dominated by end-users with more than 67% buying properties for self use. At least 33% of the prospective buyers aim to purchase a property from an investment perspective but given that prices have escalated significantly across the top seven cities, there is a 3% dip compared to last year, a FICCI-Anarock report has said. The real estate market continues...

Mumbai real estate: At an annual income of ₹5 lakh, you may have to shell out ₹5.18 lakh a year for a 1BHK on rent

Mumbai real estate: At an annual income of ₹5 lakh, you may have to shell out ₹5.18 lakh a year for a 1BHK on rent

Mumbai is ranked among the most expensive cities in India for accommodation rentals. The average annual rental cost for housing in Mumbai can put you back by ₹5.18 lakh for a 1 BHK apartment. This exceeds the average annual salary of junior level employees which is around ₹4.49 lakh, an annual report by CREDAI-MCHI, an apex body of real estate developers has said. Mumbai is ranked among the...

China home price slump drags on despite revival efforts

China home price slump drags on despite revival efforts

Oct 18, 2024 09:26 AM IST China’s September home prices fell at almost the same pace as the previous month, despite the country’s efforts to stabilize the real estate sector. (Bloomberg) -- China’s September home prices fell at almost the same pace as the previous month, despite the country’s efforts to stabilize the real estate sector. China’s September home prices fell...

Navi Mumbai real estate: Only 15 of 47 plots sold in CIDCO auction | Mumbai news

Navi Mumbai real estate: Only 15 of 47 plots sold in CIDCO auction | Mumbai news

Navi Mumbai: The latest auction of plots in Navi Mumbai has drawn a surprisingly lukewarm response, considering the premium real estate prices in the city and the record numbers clocked in earlier times. On Tuesday, however, only 15 of the 47 plots offered by the City and Industrial Development Corporation (CIDCO) received qualified bids. The poor response is especially surprising considering the...

Noida seals four housing projects for violation of building by-laws

Noida seals four housing projects for violation of building by-laws

The Noida authority on Thursday said it has sealed four housing projects for violations of building by-laws. The promoters of these four projects were found doing construction at the site even after the term of the construction period ended a long time ago, said officials. Noida authority officials in the process of sealing one of the four housing project sites on Thursday. (HT Photo)...

Five-member safety committee formed to monitor lifts, escalators in GB Nagar

Five-member safety committee formed to monitor lifts, escalators in GB Nagar

A five-member safety committee, chaired by Gautam Budh Nagar district magistrate Manish Kumar Verma, has been established to monitor and review safety and functioning of lifts, escalators in high-rise buildings in Gautam Budh Nagar, said officials on Thursday. In the event of an accident, a joint investigation will be conducted by an electrical inspector and an executive magistrate, with the...

Nirala World buys 2.6 acre land parcel in Greater Noida for ₹180 crore to build a commercial project

Nirala World buys 2.6 acre land parcel in Greater Noida for ₹180 crore to build a commercial project

Delhi-NCR-based company Nirala World has acquired a 2.6 acre land parcel in Greater Noida for ₹180 crore and intends building a commercial project on it.The company said it has bought 10,600 square meters of land (2.6 acres) worth ₹180 crore, including GST, lease rent and stamp duty.The amount includes GST, lease rent and stamp duty. The parcel of land is located in the Greater Noida West sector...

Co-working firm BHIVE leases 900 desks to Nuvama in BKC, Mumbai

Co-working firm BHIVE leases 900 desks to Nuvama in BKC, Mumbai

Flexible office space provider BHIVE has leased more than 900 seats to Nuvama, a wealth management company, at Bandra Kurla Complex in Mumbai, the company said in a statement.Nuvama has taken 900-plus flexible office seats in BHIVE Platinum BKC, Adani Inspire BKC, Mumbai, it said. Flexible office space provider BHIVE has leased more than 900 seats to Nuvama, a wealth management company, at...

Pharma major Micro Labs buys 3-acre land parcel for ₹111 crore in Bengaluru

Pharma major Micro Labs buys 3-acre land parcel for ₹111 crore in Bengaluru

Dolo-650 manufacturer Micro Labs Limited has purchased a 3-acre industrial land in Bengaluru in exchange for a sum of ₹111.07 crore, property registration documents accessed through real estate data analytics platform Propstack showed. Pharma major Micro Labs buys 3-acre land parcel for ₹111 crore in Bengaluru.(Representational image)(HT Photo (Representative Image)) The said land...