February 2025

Listed real estate developer Arkade Developers announced on February 12 that it has secured a cluster redevelopment project with a gross development value of ₹1700 crore in Dahisar, a micro market on the northern tip of Mumbai city. Listed real estate developer Arkade Developers announced on February 12 that it has secured a cluster redevelopment project with a gross development value of...

Housing sales in India’s top 15 tier 2 cities rose by 4% to 1.78 lakh units with sales value increasing by 20% to touch ₹1.52 lakh crore in 2024 on the back of higher volumes and rise in prices, according to NSE-listed real estate data analytics firm PropEquity. Housing sales in India’s top 15 tier 2 cities rose by 4% to 1.78 lakh units with sales value increasing by 20% to touch ₹1.52...

Actor and model Gauhar Khan has purchased three apartments worth ₹10.13 crore in Mumbai's Versova area, according to property registration documents accessed by SquareYards. Mumbai real estate: Actor and model Gauhar Khan and her husband Zaid Darbar have purchased three apartments worth ₹10.13 crore in Mumbai's Versova area.(Photo: Instagram/HT Files) The documents showed that the three...

When Swagata Bhar began her house-hunting journey in Bengaluru, she was taken aback by the small sizes of most 1BHKs, often less than 350 sq feet. "Some barely had enough space for a sofa in the living room, leaving little room to move around. One even lacked a bathroom—the owner just pointed to one on the terrace," Bhar recalled Bengaluru Rentals: With limited space and rising demand,...

To enhance affordability for middle-class homebuyers, the Finance Minister announced on February 1 that no income tax would be payable on earnings up to ₹12 lakh— ₹12.75 lakh including standard deductions—under the new tax regime. If you earn around ₹12 lakh a year and are considering buying a house, here’s what you should consider before deciding whether to buy an apartment or continue to...

NBCC (India) Ltd, the government’s construction arm, has sold 1,233 housing units for ₹3217 crore through an e-auction in a new project in Greater Noida West. The fund will help the company complete stalled projects of the embattled Amrapali Group. NBCC (India) Ltd, the government’s construction arm, has sold 1,233 housing units for ₹3217 crore through an e-auction in a new project in...

Real estate developer Bakeri Group and investment management company Lumos Alternate have joined hands to launch a ₹500-crore real estate investment platform named Sakar Realty Fund - I. The SEBI-approved platform targets mid-market residential projects in major Indian cities such as Bengaluru, Mumbai, Ahmedabad, and Pune, with an investment horizon of 3-4 years per project. Real estate...

Mumbai-based real estate developer Keystone Realtors, also known as Rustomjee Group, on February 11 reported a net profit of ₹30 crore for the quarter ended December, compared to ₹29.9 crore in the same period last year. The company’s total income for Q3 fell to ₹485.8 crore, down from ₹533.3 crore a year ago. Mumbai-based real estate developer Keystone Realtors, also known as...

Driven by strong demand from global firms, Hyderabad's office space inventory is expected to exceed 200 million sq ft by 2030 driven by demand from technology firms and Global Capability Centres. A joint report by CBRE and the Hyderabad Software Enterprises Association (HYSEA) on February 11 stated that the city's office stock has more than tripled since 2014, reaching nearly 137 million sq ft as of...

In 2024, 50% of properties registered in the Mumbai real estate market were smaller than 650 sq ft, with nearly 60% comprising 1 BHK and 2 BHK apartments, highlighting affordability as the key factor influencing apartment sizes, according to registration data from the Maharashtra Real Estate Regulatory Authority (MahaRERA). Mumbai real estate update: In 2024, 50% of properties registered in the...