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...
2025
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%...
Godrej Properties on January 13 said it has launched its first project in Hyderabad, Godrej Madison Avenue, with an estimated booking value of ₹1,300 crore. Godrej Properties on January 13 said it has launched its first project in Hyderabad, Godrej Madison Avenue, with an estimated booking value of ₹1,300 crore. (Representational photo)(Pixabay) This is the real estate firm’s first...
(Bloomberg) -- Shiny new towers and villa communities will again spring up in Dubai this year as developers pile into one of the world’s biggest property booms. Yet there are growing signs that the record rally in prices is slowing. Shiny new towers and villa communities will again spring up in Dubai this year as developers pile into one of the world’s biggest property booms. Yet there are...
It’s a rainy December evening, and an autorickshaw driver in Chennai looks puzzled as a visitor from Delhi, unfamiliar with the city, asks to be taken to Anna Salai. New Delhi’s colonial-era shopping arcade, Connaught Place, was renamed ‘Rajiv Chowk’, but the name has never caught on, say traders. (Sanchit Khanna/HT) “Where?” the driver asks, perplexed by the name. The passenger...