January 2025

National Real Estate Development Council on Monday pressed for a hike in deduction on housing loan interest payment from ₹2 lakh to ₹5 lakh and accord infrastructure status to the housing sector in the forthcoming Budget. National Real Estate Development Council on Monday pressed for a hike in deduction on housing loan interest payment from ₹2 lakh to ₹5 lakh and accord infrastructure...

The Maharashtra Housing and Area Development Authority (MHADA) on January 6 said that it has introduced a special amnesty scheme to help housing societies in Mumbai and its suburbs obtain their long-pending Occupancy Certificates (OC) for redeveloped buildings. Maharashtra Housing and Area Development Authority (MHADA) on January 6 said that it has introduced a unique amnesty scheme to help...

Anshul Soni has been looking to purchase an apartment in Bengaluru with a budget of ₹1 crore. "I can see that Kanakapura Road has decent affordable flats with grade A builders. We also commute easily to Hosur Road since I am an IT professional working in ORR with work-from-home and my wife works on Hosur Road," he added. Located around 30 minutes from south Bengaluru's IT corridor of...

Macrotech Developers, also known as Lodha, on January 6 reported pre-sales of over ₹4,500 crore in the third quarter of the ongoing financial year 2024-25, a 32% YoY growth from over ₹3,400 crore during the same period last year. Macrotech Developers, also known as Lodha, on January 6 reported pre-sales of over ₹4,500 crore in the third quarter of the ongoing financial year 2024-25....

Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to a January 6 report by Colliers India. Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to Colliers...

The United Arab Emirates (UAE)'s real estate sector maintained its growth momentum throughout 2024, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country's economic growth. Property markets in Dubai, Abu Dhabi saw traction. According to the official data from the local real estate authorities of the four emirates,...

Jan 06, 2025 06:16 AM IST DTCP had earlier sealed these flats last month, but officials said that the owners broke the seals and resumed construction without permission The enforcement wing of the Department of Town and Country Planning (DTCP) has initiated steps to seal approximately 150 illegally constructed flats in C2 Block of Palam Vihar, DTCP officials said on Sunday. According to...

NOIDA: The Noida authority board has decided to soon cancel allotment of the plots, whose owners have failed to obtain completion certificates within the stipulated time frame, officials said on Sunday. This decision follows a June 3, 2022 government notification and a December 20, 2023 order which had extended the timeline for declaring these plots functional until December 31, 2024. (Sunil...

Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road, Bengaluru with a development potential of ₹2700 crore, the company said on January 3. Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road, Bengaluru...

Mumbai, often in headlines for its cramped and overpriced housing, boasts a luxurious penthouse that redefines opulence. Real estate tycoon Niranjan Hiranandani recently offered an exclusive look inside his sprawling 25,000-square-foot penthouse, located in the heart of the city. Niranjan Hiranandani has a net worth of $1.4 billion. (Hiranandani Communities ) The 74-year-old shared the rare...