February 2025

The National Payments Corporation of India (NPCI) plans to establish a research and development (R&D) center at Bandra Kurla Complex (BKC) in Mumbai, India's most expensive commercial district, as part of its global expansion efforts, NPCI’s CEO Dilip Asbe was quoted as saying by a media report. The National Payments Corporation of India (NPCI) plans to establish a research and...

Mumbai's real estate market reported a 4% Year-on-Year (YoY) decline in property registrations, with 11,541 properties registered in February 2025, compared to 12,056 in the same period last year, according to data from the Maharashtra Inspector General of Registration (IGR). Mumbai's real estate market reported a 4% Year-on-Year (YoY) decline in property registrations, with 11,541 properties...

Hrithik Roshan has renewed the rental agreement for a 9,209 sq ft commercial space in Pune's Kharadi area for a monthly rent of ₹6.08 lakh, according to property registration documents accessed by CRE Matrix. Hrithik Roshan has renewed the rental agreement for a 9,209 sq ft commercial space in Pune's Kharadi area for a monthly rent of ₹6.08 lakh.(HT Files) The documents show that the...

Driven by rising disposable incomes and evolving consumer preferences, India's organized retail sector is expanding rapidly and is expected to reach $230 billion by 2030, a joint report by Deloitte and the Retailers Association of India said. Driven by rising disposable incomes and evolving consumer preferences, India's organized retail sector is expanding rapidly and is expected to reach $230...

Technology is transforming property management by reducing costs and enhancing transparency. Software solutions now allow buyers to visualize commercial spaces in 3D before leasing, while metaverse-based modelling helps developers simulate projects. However, Artificial Intelligence tools are set to complement, not disrupt, traditional brokerage services, Mihir Shah, Global CEO of JLL Technologies,...

NBCC India Ltd, tasked with constructing the distressed Amrapali housing projects, has sold 1,953 flats of homebuyers who defaulted on payments and received another 1,490 units from the court-appointed receiver for sale as buyers failed to register on the designated portal. Taking serious exception, a bench headed by justice Bela M Trivedi sought a response from the association of homebuyers...

The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday handed over the possession 230 acres of land to filmmaker Boney Kapoor-led Bayview Bhutani Film City Private Limited for developing the Film City project in Greater Noida. During the handover of land possession at the Yeida office on Thursday. (HT Photo) Now, the Uttar Pradesh government will schedule the date for the...

Manju Lodha, the mother of real estate developers, the Lodha brothers - Abhishek Lodha who helms the flagship company, Macrotech Developers and Abhinandan Lodha, chairman of the House of Abhinandan Lodha - has urged them to resolve their differences and adhere to the family agreement signed in March 2017. Abhishek Lodha and Abhinandan Lodha, the two real estate developers, are in the news after...

Feb 27, 2025 08:17 PM IST The ED on February 27 searched multiple premises of two real estate companies and their promoters in Delhi-NCR as part of a money laundering probe  New Delhi, Feb 27 (PTI) The Enforcement Directorate on February 27 searched multiple premises of two real estate companies and their promoters in Delhi-NCR as part of a money laundering investigation linked to...

The master plan for the Dharavi redevelopment project is likely to be ready within a month, and the tenement survey is also expected to be completed in the coming months, SVR Srinivas, CEO of the Dharavi Redevelopment Project said on February 27. The master plan for the Dharavi redevelopment project is likely to be ready within a month, and the tenement survey is also expected to be completed...