March 2025

Jitendra Virwani is chairman of Embassy Developments, Aditya appointed managing director

Jitendra Virwani is chairman of Embassy Developments, Aditya appointed managing director

Real estate company Embassy Developments Ltd has appointed Jitendra Virwani as its chairman and Aditya Virwani as the new managing director. Real estate company Embassy Developments Ltd has appointed Jitendra Virwani as its chairman. In a regulatory filing on March 4, Embassy Developments informed that the Board of Directors has approved the appointment of Jitendra Virwani as Chairman of the...

Bengaluru sees increase in rental inventory, resulting in 5% rent correction; IT hubs witness price surge

Bengaluru sees increase in rental inventory, resulting in 5% rent correction; IT hubs witness price surge

Bengaluru's rental market has rebounded significantly four years after the pandemic. Initially, a mismatch between supply and demand drove rents up, with landlords making unusual demands, such as requesting LinkedIn profiles and salary slips. However, the market is stabilizing, with more rental units available and a 5% price correction. Meanwhile, rentals in the outskirts, such as Whitefield's eastern...

Are Mumbai real estate prices moderating, giving homebuyers more room to negotiate?

Are Mumbai real estate prices moderating, giving homebuyers more room to negotiate?

Thirty-nine-year-old Kunal Shah recently purchased a 2 BHK apartment in Mumbai's western suburbs for around ₹2 crore. His home search began nearly five years ago, following the COVID-19 lockdown. However, by the time he secured the necessary funds, property prices in Mumbai had risen significantly, making the purchase more challenging. Mumbai real estate market shows signs of moderation,...

Yeida gives relief to 8000 property buyers with installment option

Yeida gives relief to 8000 property buyers with installment option

The Yamuna Expressway Industrial Development Authority (Yeida) has approved several key suggestions, including a proposal to allow over 8,000 property buyers to pay in four installments the additional 64.7% farmers’ hiked compensation over their acquired land for Jewar airport, a report published in the Hindustan Times said on March 4. YEIDA to permit as many as 8000 property owners to pay...

Tata Autocomp Katcon leases 77,800 sq ft from Malpani Group in Chakan near Pune for ₹40 crore

Tata Autocomp Katcon leases 77,800 sq ft from Malpani Group in Chakan near Pune for ₹40 crore

Malpani Group announced on March 3 that it had inked a 10-year deal with Tata Autocomp Katcon Exhaust Systems Pvt Ltd to lease 77,800 sq ft of space in Malpani Industrial and Logistics Park in the industrial hub of Chakan, near Pune, for around ₹40 crore. Pune real estate update: Malpani Group announced on March 3 that it had inked a 10-year deal with Tata Autocomp Katcon Exhaust Systems Pvt...

Shakti Kapoor sells an apartment in Mumbai’s Juhu for ₹6.11 crore

Shakti Kapoor sells an apartment in Mumbai’s Juhu for ₹6.11 crore

Bollywood actor Shakti Kapoor has sold his apartment in Mumbai's Juhu area for ₹6.11 crore, according to property registration documents accessed by SquareYards. Bollywood actor Shakti Kapoor has sold his apartment in Mumbai's Juhu area for ₹6.11 crore. (Yogen Shah) The apartment is located in Silver Beach Heaven Co-operative Society, Juhu. According to documents, the apartment is on the...

Here’s what you should know about Mysuru Film City and its real estate potential

Here’s what you should know about Mysuru Film City and its real estate potential

Karnataka Chief Minister Siddaramaiah has reiterated plans for a major 150-acre film city project in Mysuru, with land already secured for development. Mysuru is rapidly emerging as a hotspot in the real estate market, fueled by its strategic location, expanding infrastructure, and robust economic growth. Karnataka Chief Minister Siddaramaiah has reiterated plans for a major 150-acre film city...

Experion Developers expands presence in Noida; to invest ₹1000 crore in new real estate project in Sector 151

Experion Developers expands presence in Noida; to invest ₹1000 crore in new real estate project in Sector 151

Mar 03, 2025 12:07 PM IST Experion Developers, a 100% FDI-funded real estate developer, has acquired prime land in Sector 151, Noida. To invest close to over ₹1000 crore on the project Experion Developers, a 100% FDI-funded real estate developer and wholly owned subsidiary of Experion Holdings Pte. Limited, Singapore, has acquired prime land in Sector 151, Noida and will invest close...

Signature View: DDA issues vacating SOPs, rent start date still unclear | Latest News Delhi

Signature View: DDA issues vacating SOPs, rent start date still unclear | Latest News Delhi

The Delhi Development Authority (DDA) has issued a draft of the Standard Operating Procedures (SOPs) to the residents of Signature View apartments in north Delhi’s Mukherjee Nagar mentioning details for vacating and handing over the flats for dismantling. Signature View apartments at Mukherjee Nagar. (Sanchit Khanna/HT Photo) The Signature View towers were declared unfit for habitation by...

Yeida likely to approve key proposals in board meeting

Yeida likely to approve key proposals in board meeting

GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) is likely to approve various important proposals in its board meeting to be held on Monday. According to the rules, the authority puts forth multiple agendas or proposals from all its departments including land, finance, horticulture, civil, electrical and infrastructure among others before the board consisting of...

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