2024

Mumbai real estate market has witnessed some of the costliest luxury apartment deals across the country of which a few properties have been sold for ₹1.50 lakh per sq ft and above. Mumbai real estate market is home to some of the costliest luxury apartment deals across the country. (Picture for representational purposes only) (Mehul R Thakkar/HT) Though 70-80% of the residential...

Bhutani Infra has acquired the Logix City Center in Noida for almost ₹1000 crore, including costs that are likely to be incurred for renovation, the company said in a statement on November 11. Bhutani Infra has acquired the Logix City Center in Noida for almost ₹1000 crore, including costs that are likely to be incurred for renovation, the company said in a statement on November 11. The...

Mumbai-based listed real estate developer Macrotech Developers, also known as Lodha, has purchased a 2.82 acres land parcel in Hinjewadi area of Pune for ₹110 crore, according to property registration documents accessed by CRE Matrix. Mumbai-based listed real estate developer Macrotech Developers, also known as Lodha, has purchased a 2.82 acres land parcel in Hinjewadi. (Picture for...

Hyderabad-headquartered real estate major Aparna Constructions and Estates on November 11 announced the launch of a 123-acre township project - Aparna Deccan Town - in the city at an investment of ₹2,851 crore. Aparna Constructions to invest ₹2,851 crore in first phase of 123-acre township in Hyderabad(Aparna Constructions and Estates Private Limited) “This landmark township represents...

Buyers of ultra luxury homes priced at ₹3 crore and above took the least time to decide on the purchase, approximately 15 days in H1FY 2025, while buyers of apartments priced between ₹50 lakh and ₹1 crore took almost a month to press the buy button, a report by Anarock has said. Buyers of ultra luxury homes priced at ₹3 crore and above took the least time to decide on the purchase,...

Mumbai-based Oberoi Realty is set to open a second mall in Mumbai's Borivali area named Sky City Mall by January 2025. The company's first project outside Mumbai Metropolitan Region (MMR) in Gurugram is also currently under approval and is expected to be launched by the first or second quarter of FY25-26, said Vikas Oberoi, MD and chairman of Oberoi Realty. Mumbai-based Oberoi Realty is set to...

The Greater Noida Industrial Development Authority (GNIDA) is set to work on the Master Plan 2041 and have issued a tender, officials said on Sunday, adding that they will take findings of the 2021 plan as the basis. According to the tender, infrastructures of drinking water supply, drainage, and sewage treatment will be planned based on the population density mentioned in Master Plan 2021 and...

Faced with persistent monsoon waterlogging, residents of Tatvam Villas in Sector 48 have implemented a colour-coded marking system to help commuters safely navigate flooded roads. The initiative, gaining attention for its effectiveness, uses green, yellow, and red markers to indicate varying levels of water depth, aiming to reduce traffic congestion, vehicle stalling, and accidents, residents said....

Bollywood actors have all along been investing in Mumbai’s residential and commercial real estate market. Recently, Amitabh Bachchan and Abhishek Bachchan, Suneil Shetty and his son Ahan Shetty were in the news for purchasing multiple properties in Mumbai. Bollywood actors such as Amitabh Bachchan and Abhishek Bachchan have all along been investing in Mumbai’s residential and commercial...

After Donald Trump's historic win in US elections 2024, India is expected to become the largest real estate hub for Trump Towers outside of the United States. The licensed partner for the Trump Organisation in India, Tribeca Developers, has finalised six new real estate deals spread across Pune, Gurugram, Noida, Mumbai, Hyderabad and Bengaluru totalling 8 mn sq ft with the US brand. These are expected...