February 2025

Elon Musk's automotive company Tesla has reportedly selected locations for setting up two showrooms in New Delhi and Mumbai, bringing closer the long-awaited plans to sell electric cars in India. Tesla electric vehicles are parked in a Tesla dealer in Paramus, New Jersey, US, July 23, 2024. (REUTERS/File) Sources familiar with the matter, cited in a Reuters report, said Tesla has been...

About two months ago, Srinivas Gowda relocated to Bengaluru’s prime HSR Layout to be closer to his workplace. “The rents here are insane. I saw a semi-furnished 400 sq ft one-bedroom apartment costing around ₹35,000 per month. I thought that rents were high in Mumbai, but I’m surprised to find this in Bengaluru,” Gowda said. Demand for 1BHK apartments in Bengaluru's city centre and IT...

Listed real estate developer Mahindra Lifespaces Developers Limited (MLDL) on February 18 announced that it has partnered with Livingstone Infra Private Limited (LS) for a cluster redevelopment project in Mumbai's Mahalaxmi. The project has a Gross Development Value (GDV) of ₹1650 crore. Listed real estate developer Mahindra Lifespaces Developers Limited (MLDL) on February 18 announced that...

Tribeca Developers, the licensed partner for the Trump Organisation in India, said on February 18 that it has appointed Vaibhav Agarwal as Executive Director to lead the company’s future capital market strategies, fundraising, and business development. Tribeca Developers, the licensed partner for the Trump Organisation in India, said on February 18 that it has appointed Vaibhav Agarwal as...

Bengaluru-based real estate company Adarsh Developers has filed a complaint with the cybercrime police against Amazon Web Services (AWS), alleging data mishandling that led to a loss of ₹150 crore, a company spokesperson confirmed to HT.com. Bengaluru-based real estate company Adarsh Developers has filed a complaint with the cybercrime police against Amazon Web Services (AWS), alleging data...

Boman Irani, chairman and MD of Keystone Realtors (Rustomjee Group), has said that salaried individuals and small business owners make up a strong base of home buyers for them, and there doesn't seem to be a connection between the stock market and housing demand, at least not right now. Boman Irani, chairman and MD of Keystone Realtors (Rustomjee Group), has said that salaried individuals and...

Bollywood actor Amrita Singh, mother of Sara Ali Khan, has purchased a ready-to-move-in luxury apartment for ₹18 crore in Mumbai's Juhu, according to property registration documents accessed by IndexTap.com Bollywood actor Amrita Singh, mother of Sara Ali Khan, has purchased a ready-to-move-in luxury apartment for ₹18 crore in Mumbai's Juhu,(HT Files) The documents showed that the...

The Goa Rehabilitation Board and Goa Housing Board have urged the National Association of Real Estate Developers Council (NAREDCO) Maharashtra to explore development and redevelopment opportunities through the public-private partnership model. The Goa Rehabilitation Board and Goa Housing Board have urged the National Association of Real Estate Developers Council (NAREDCO) Maharashtra to...

The Gurugram district administration has fixed compensation rates for flat owners of Towers A, B, and C in Chintels Paradiso, setting it at ₹7,900 per square foot (psf) for Towers A and B and ₹7,500 psf for Tower C, officials said on Monday. The administration has also directed that residents opting for reconstruction will receive rent from the date of vacating their flats.  The statement...

MUMBAI: Residents of Dharavi mounted a protest and shouted slogans on Monday evening, raising concerns about the ongoing survey ahead of the proposed redevelopment of the slum, and also making demands relating to residential and commercial spaces. Mumbai, India. Feb 17, 2025: All party leaders attended the Dharavi Bachav public meeting in Dharavi, Mumbai on Monday. The Dharavi Redevelopment...