2025

By Clare Jim FILE PHOTO: A view of an under-construction residential development by Country Garden in Shanghai, China. REUTERS/Nicoco Chan/File Photo(REUTERS) HONG KONG, Jan 14 (Reuters) - Country Garden, once China's biggest developer and now facing a liquidation lawsuit, reported steep losses on Tuesday in its long-overdue 2023 and interim 2024 financial results, hurt by large provisions...

Mumbai-based K Raheja Corp has entered into an agreement to purchase 5.75 acres of land in Mumbai's Kandivali area for ₹466 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate: K Raheja Corp has entered into an agreement to purchase 5.75 acres of land in Mumbai's Kandivali area for ₹466 crore. (Picture for representational purposes only)(Satish...

Mahakumbh 2025 is being held in Prayagraj, where almost 1.75 crore devotees took the holy dip known as the ‘Amrit Snan’ on the occasion of Makar Sankranti today at the Triveni Sangam, a sacred confluence of the Ganga, Yamuna, and mystical Saraswati rivers. For those still planning to attend the event, celebrated as the largest gathering on earth, over the next six weeks, here’s a look at...

Real estate developers also asked the government to incentivise homebuyers who purchase property in certified green buildings. (Picture for representational purposes only)(Mehul R Thakkar/HT) The National Association of Real Estate Developers Organisation (NAREDCO), representing real estate developers, has urged the Maharashtra government to reduce stamp duty to 3% annually to boost...

Bengaluru-based Brigade Enterprises Limited has entered into a Memorandum of Understanding (MoU) with Technopark to develop a World Trade Center (WTC) and business hotel in Thiruvananthapuram, Kerala, the company has said in a regulatory filing. Bengaluru-based Brigade Enterprises Limited has entered into a Memorandum of Understanding (MoU) with Technopark to develop a World Trade Center (WTC)...

Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, there are a few pockets where one can rent smaller housing units such as 1BHKs and studio apartments for less than ₹20,000 per month. Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala,...

Jan 13, 2025 10:28 PM IST Maharashtra Minister Sanjay Shirsat announces plans to revise conditions imposed by CIDCO on homebuyers Mumbai, Jan 13 (PTI) Maharashtra Minister Sanjay Shirsat on January 13 announced plans to revise conditions imposed by the City and Industrial Development Corporation (CIDCO) on homebuyers to allow multiple family members to be eligible to purchase property....

In a significant co-working deal, Workshaala Spaces has leased 4.41 lakh sq ft in Noida from Embassy’s Galaxy Square Private Limited at a rent of ₹2.02 crore per month, according to documents accessed by Propstack. Workshaala Spaces has leased 4.41 lakh sq ft in Noida from Embassy’s Galaxy Square Private Limited at a rent of ₹2.02 crore per month. (Representational photo)(Workshaala...

With demand for housing plots close to the upcoming Noida International Airport on the rise, the Yamuna Expressway Industrial Development Authority (YEIDA) is likely to launch a new housing plots scheme in the next financial year, a senior YEIDA official told HT.com To meet the demand for housing plots close to the upcoming Noida International Airport, a new scheme may be announced by YEIDA in...

Land deals surged by around 47% year-on-year, reaching more than 2000 acres across the top eight cities in CY 2024. During CY 2024, nearly 135 land deals were closed compared to around 90 in CY 2023, primarily concentrated in major metropolitan areas such as Delhi-NCR, Bengaluru, Mumbai, Chennai, and Pune. The residential segment led the demand. Land deal volume in India surged by around 47%...