January 2025

A luxury mansion listed on Zillow, a popular U.S.-based online real estate marketplace, for $35 million (approximately ₹288 crore) was seen engulfed in flames in a viral video amid the ongoing Los Angeles wildfires. The dramatic footage captures the devastating impact of the fires that have ravaged the city since Tuesday. The house was listed on Zillow on $35 million. (Instagram/@maddzak)...

Godrej Properties Ltd. announced on January 10 that it had acquired 24 acres of land in Indore. The development on this land will primarily comprise premium plotted residential units and offer an estimated saleable area of around 6.20 lakh square feet. Godrej Properties Ltd. announced on January 10 that it had acquired 24 acres of land in Indore. (Picture for representational purposes...

SACRAMENTO, Calif. (AP) — The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk. A beach house is engulfed in flames as the Palisades Fire burns along Pacific Coast Highway in Malibu, California.(AFP)...

Jan 10, 2025 09:08 AM IST Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate crisis enters its fifth year  (Bloomberg) -- Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate crisis enters its fifth year with little sign of improvement....

Bengaluru may have witnessed an increase in housing prices by around 5% to 10%, especially in areas close to the city centre and the IT corridors. That said, some areas on the outskirts of Sarjapur, Whitefield in the east, and southern parts such as Kanakapura Road still offer affordable options to buyers with a budget of less than a crore. In Bengaluru, several small development pockets in the...

MUMBAI: Traffic snarls which contribute to air pollution, and often lead to instances of road rage, across the Mumbai Metropolitan Region as well as tier-2 cities like Nagpur and Pune, have prompted the state government to contemplate a plan where four-wheeler owners must prove owning designated parking spots or areas, both public and private, at the time of registering new vehicles. Termed...

New Delhi, Jan 9 (PTI) Saying bookings will be cancelled and flats will be sold to other buyers, the Supreme Court on January 9 took a dim view on home buyers not turning up to take possession of flats in the Amrapali projects, being completed by the state-owned NBCC. The Supreme Court on January 9 took a dim view on home buyers not turning up to take possession of flats in the Amrapali...

Jan 09, 2025 06:19 PM IST Southern California wildfires ravage Malibu, reducing once sought-after waterfront to ashes. The Malibu waterfront, renowned for its breathtaking views and home to some of the most expensive real estate in the United States, has been ravaged by the wildfires sweeping through Southern California. Once a symbol of luxury and tranquillity, much of this iconic...

Jan 09, 2025 06:35 PM IST The commission noted that in addition to the Stage III restricitions, those of Stage I and II will also be in place in Delhi and the national capital region. The Commission of Air Quality Management (CAQM) on Thursday invoked the Stage III restrictions under the anti-pollution Graded Response Action Plan (GRAP) in Delhi-NCR amid increased air pollution and...

Bengaluru-based developer Puravankara Limited has acquired a 3.63-acre land parcel in Kanakapura Road, Bengaluru, with a gross development value of over ₹700 crore, the company said on January 9. Bengaluru-based developer Puravankara Limited has acquired a 3.63-acre land parcel in Kanakapura Road, Bengaluru. (Picture for representational purposes only)(Pexels) The acquired land parcel is...