February 2025

Pune-based Westcon Space Private Limited, an arm of Solitaire Group, has purchased around four hectares (almost 10 acres) of land in Pune's Wagholi area for ₹129 crore, according to property registration documents accessed by Propstack.com Pune-based Westcon Space Private Limited, an arm of Solitaire Group, has purchased around four hectares (almost 10 acres) of land in Pune's Wagholi area...

Listed real estate developer Arvind SmartSpaces has bought a 150-acre land parcel in Gujarat and plans to develop a plotted development project with an estimated sales value of ₹600 crore. Listed real estate developer Arvind SmartSpaces has bought a 150-acre land parcel in Gujarat and plans to develop a plotted development project. (Picture for representational purposes only)(Unsplash) In...

In a positive development for homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) announced that the compliance rate among real estate developers has risen from 0.02% in January 2023 to 62%. Strict enforcement measures, including freezing the bank accounts of non-compliant projects, establishing a Compliance Cell, and suspending the MahaRERA registration numbers of developers, have...

Former Indian cricketer Zaheer Khan and family members have purchased a luxury apartment in Mumbai's Elphinstone Road area for ₹11 crores, according to property registration documents accessed by SquareYards. Mumbai real estate update: Former Indian cricketer Zaheer Khan and family members have purchased a luxury apartment in Mumbai's Elphinstone Road (HT Files) The ready-to-move-in...

A 4.0 magnitude earthquake struck Delhi early this morning, causing panic among residents. Those living in high-rise buildings, particularly in Noida and Ghaziabad, were alarmed, with many fearing for their safety amid growing concerns of potential aftershocks and further seismic activity. Delhi NCR earthquake live updates: Residents in parts of Delhi NCR, including Delhi, Noida, and Greater...

Real estate company Primus Senior Living plans to invest over ₹2200 crore to develop 5 million sq ft of senior living homes in India within five years, Adarsh Narahari, founder and MD, Primus Senior Living told HT.com. Real estate company Primus Senior Living plans to invest over ₹2200 crore to build 5 million sq ft of senior living homes in India within five years, Adarsh Narahari, founder...

NOIDA: Homebuyers of SDS NRI Township in Sector 26A are agitated after their realtor has asked each one of them to cough up around ₹10 lakh as “additional money” in a township located near Noida airport along the Yamuna Expressway. SDS Infracon, the developer in a letter to homebuyers has justified the firm’s demand saying that the Supreme Court order favours the additional compensation...

Feb 17, 2025 08:58 AM IST Australia’s government will ban foreign investors from buying established houses for the next two years as part of an election pitch to tackle surging prices. (Bloomberg) -- Australia’s government will ban foreign investors from buying established houses for the next two years as part of an election pitch to tackle surging home prices. Australia’s...

The Insolvency and Bankruptcy Board of India has recently amended the rules governing the corporate insolvency resolution process (CIRP), enabling distressed homebuyers to take possession of their properties while the resolution process is ongoing. The key objective of these amendments, which were notified earlier this month, is to prevent unnecessary and prolonged delays in handing over possession to...

In a heartfelt tribute to their late father and a commitment to their mother’s love for their home, two brothers in Thubarahalli Palya, East Bengaluru, are undertaking a rare and ambitious task—relocating their two-storey house by 100 feet. According to a report by The Times of India, this unique feat is being carried out to preserve their father’s memories while also addressing persistent...