February 2025

Driven by demand from Global Capability Centers (GCCs), engineering and manufacturing sectors, BFSI, and flexible office spaces, gross leasing across the top six cities is projected to reach 65-70 million sq ft in 2025. Bengaluru is expected to contribute around one-third of the total office space demand. The asset quality of commercial real estate is anticipated to improve, with developers focusing...

Gurugram: The Gurugram administration on Monday approved the Central Building Research Institute (CBRI) reports on the three remaining towers of Chintels Paradiso condominium, which deemed these unsafe for residents. A meeting of the district committee probing the Chintels Paradiso incident was held on Monday, in which it was decided that an order to vacate these towers will be issued in the next few...

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) cannot force parties in conflict to settle their disputes, the Maharashtra Real Estate Appellate Authority said in a recent ruling. Responding to an appeal filed by Shekhar Singh, who accused a prominent city builder of not giving possession of a flat within the due date, the appellate authority directed the developer to compensate...

Mumbai-based Kalpataru Limited has inked agreements to redevelop two housing societies covering an area of 7.37 acres in the eastern suburb of Chembur and the western suburb of Goregaon, as per documents accessed by IndexTap. Mumbai-based Kalpataru Limited has inked agreements to redevelop two housing societies covering an area of 7.37 acres in the eastern suburb of Chembur and the western...

In a major relief to homebuyers, Suraksha-led Jaypee Infratech has received re-validation of RERA registration for seven stalled projects comprising 10,000 housing units in Delhi-NCR. This will expedite construction work and facilitate easier access to home loans from banks and financial institutions, sources said. Suraksha-led Jaypee Infratech has received re-validation of RERA registration...

New Delhi has witnessed the maximum price appreciation of luxury properties at 6.7% and secured the sixth position among 44 cities globally. Mumbai is ranked seventh, and Bengaluru is ranked 13th, as per the Prime Global Cities Index by Knight Frank. New Delhi has witnessed the maximum price appreciation of luxury properties at 6.7% and secured the sixth position among 44 cities globally....

With aviation enthusiasts and industry leaders descending at Yelahanka Air Force Station to attend the Aero India Show 2025, Bengaluru's hotel demand has skyrocketed. Hotel occupancy has touched nearly 95%, driving more than a 20% increase in room rates. Many hotels in north Bengaluru and the Central Business District are already fully booked for the event. Many hotels in north Bengaluru and...

Feb 10, 2025 04:25 PM IST Country Garden Holdings Co.’s sales slump dragged on in January, as new residential transactions countrywide resumed falling on weak sentiment. (Bloomberg) -- Country Garden Holdings Co.’s sales slump dragged on in January, as new residential transactions countrywide resumed falling on weak sentiment. Country Garden Holdings Co.’s sales slump...

The Maharashtra Housing and Area Development Authority (MHADA) has announced a lottery for 493 affordable homes in Nashik city in Maharashtra in the price range of ₹12 lakh to ₹25 lakh. As many as 202 flats are available on a first-come, first-served basis. MHADA lottery 2025: The Maharashtra Housing and Area Development Authority (MHADA) has announced a lottery for 493 affordable homes in...

NOIDA: The Noida authority will rope in an expert agency to help it recover and manage its financial dues owed by the realty firms, officials said on Sunday. The authority requires real-time updates on cases being heard at the NCLT, particularly for firms that are at risk of insolvency but have not yet entered formal proceedings. By tracking these developments, the agency will enable the...