January 2025

GB Nagar admin to acquire land in Sec 151 for new golf course

GB Nagar admin to acquire land in Sec 151 for new golf course

The Gautam Budh Nagar administration on Wednesday said it has completed the social impact survey of around five acres of land to be acquired for the golf course project being developed in Noida’s Sector 151 along Noida-Greater Noida Expressway. The administration said it is likely to acquire the required land in the next six months because there is no need to seek the consent of farmers and...

Here’s a look at infrastructure projects that may impact Navi Mumbai’s real estate markets

Here’s a look at infrastructure projects that may impact Navi Mumbai’s real estate markets

Prime Minister Narendra Modi inaugurated the new International Society for Krishna Consciousness' (ISKCON) temple at Khargar area of Navi Mumbai, Maharashtra on January 15. Infrastructure projects such as the upcoming international airport and the already operational Atal Setu are likely to impact Navi Mumbai's real estate markets. (Picture for representational purposes only)(PTI) Navi...

Mumbai real estate: Harsh Jain, co-founder of Dream11, buys luxury apartment for ₹138 crore in South Mumbai

Mumbai real estate: Harsh Jain, co-founder of Dream11, buys luxury apartment for ₹138 crore in South Mumbai

Harsh Anand Jain, CEO and co-founder of Dream11, an online gaming app, has purchased a luxury apartment in South Mumbai's Walkeshwar area for more than ₹138 crore, according to property registration documents accessed by IndexTap.com. Mumbai real estate: Harsh Anand Jain, CEO and co-founder of Dream11, an online gaming app, has purchased a luxury apartment in South Mumbai for over ₹138...

Shraddha Kapoor, father Shakti Kapoor, buy a luxury apartment in Mumbai for ₹6.2 crore

Shraddha Kapoor, father Shakti Kapoor, buy a luxury apartment in Mumbai for ₹6.2 crore

Shraddha Kapoor and her father, Shakti Kapoor, have bought a luxury apartment in Mumbai for ₹6.24 crore, documents accessed by Zapkey showed. Shraddha Kapoor and Shakti Kapoor buy a property for ₹6.24 crore in Mumbai. The seller of the property is Glyder Buildcon Realtors Private Limited, the documents showed. The property was registered on January 13, 2025, the documents showed. The...

Luxury housing sales, priced at ₹4 crore and above, increase by 53% in 2024 across the top seven cities

Luxury housing sales, priced at ₹4 crore and above, increase by 53% in 2024 across the top seven cities

As many as 19,700 luxury housing units, priced ₹4 crore and above, were sold across the top seven cities in CY 2024, registering around 53% Year-on-Year growth. Delhi-NCR led with 10,500 sales, followed by Mumbai with 5,500 units, CBRE said in a report. As many as 19,700 luxury housing units priced ₹4 crore and above were sold across the top seven cities in CY 2024, registering around 53%...

Adani eyeing Emaar India stake for up to ₹5000 crore to boost real estate business: Report

Adani eyeing Emaar India stake for up to ₹5000 crore to boost real estate business: Report

Adani Group is in advance talks with Dubai-based developer Emaar Group to acquire a majority stake in its Indian business for ₹4000 to ₹5000 crore, Mint quoted two people aware of the matter as saying. Adani Group is in advance talks with Dubai-based developer Emaar Group to acquire a majority stake in its Indian business for ₹4000 to ₹5000 crore, Mint quoted two people aware of the...

Pune real estate market reports a 5% drop in sales in 2024, 1 BHK apartments biggest casualty: report

Pune real estate market reports a 5% drop in sales in 2024, 1 BHK apartments biggest casualty: report

Pune's residential real estate market reported a 5% drop in sales in 2024, from 94,850 apartments sold in 2023 to 90,127 apartments sold in 2024, according to a research report by Gera Developments, a developer in Pune. Pune real estate update: Pune's real estate market has reported a drop in sales for the second consecutive year. A drop in home sales seems to indicate a resistance to high...

Likely increase of 10% in ready reckoner rate to bail out cash-strapped govt | Mumbai news

Likely increase of 10% in ready reckoner rate to bail out cash-strapped govt | Mumbai news

MUMBAI: With the generation of revenue being a major task before it, the cash-strapped Mahayuti government is likely to increase ready reckoner (RR) rates by around 10% in the state. While expecting ₹55,000 crore this year from stamp duty collection, it hopes to mop up another ₹15,000 crore from increased RR rates. The move, however, could adversely impact the real estate sector, as property will...

Massive fire at Bangalore Bioinnovation Centre, startups report damages worth ₹110 crore | Bengaluru

Massive fire at Bangalore Bioinnovation Centre, startups report damages worth ₹110 crore | Bengaluru

A massive fire broke out at the Bangalore Bioinnovation Centre (BBC) on Tuesday morning, causing extensive damage but resulting in no casualties. The BBC, an initiative of the Government of Karnataka, is located in Bengaluru’s Electronic City.(X/Priyank Kharge) The BBC, an initiative of the Government of Karnataka, is located in Bengaluru’s Electronic City and serves as a hub for biotech...

Los Angeles rental hits ,000 a month as fires roil housing market

Los Angeles rental hits $40,000 a month as fires roil housing market

(Bloomberg) -- Los Angeles already had a housing affordability crisis before devastating wildfires burned entire neighborhoods to the ground. The disaster is making it worse. Firefighters with the California Task Force 3 Urban Search and Rescue comb through the ruins of a beachfront house where victims of the Los Angeles fires are reportedly buried, in Malibu, California.(ETIENNE LAURENT /...

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