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2025

Brigade Group to invest ₹4500 crore to build a 10-acre integrated township in Hyderabad

Brigade Group to invest ₹4500 crore to build a 10-acre integrated township in Hyderabad

Bengaluru-based listed real estate developer Brigade Group will invest close to ₹4500 crore to build a 10-acre mixed-use development in Hyderabad. Besides a World Trade Centre, a mall, and a hotel, the project will include Brigade Gateway Residences, which will be one of the tallest buildings in the city and feature around 600 premium residences, the company said on January 8. Bengaluru-based...

Mumbai real estate market witnesses 11% increase in housing sales in 2024, demand for luxury homes up: Knight Frank

Mumbai real estate market witnesses 11% increase in housing sales in 2024, demand for luxury homes up: Knight Frank

Mumbai’s residential real estate market saw an 11% increase in housing sales in 2024, especially luxury homes in the ₹5 to ₹10 crore price range and ₹20 to ₹50 crore segment, according to a report by Knight Frank India. Mumbai’s residential real estate market saw an 11% increase in housing sales in 2024, especially luxury homes in the ₹5-10 crore price range and ₹20-50 crore...

ICICI Bank leases 1.3 lakh sq ft office space in Turbhe near Mumbai for an annual rent of ₹9 crore

ICICI Bank leases 1.3 lakh sq ft office space in Turbhe near Mumbai for an annual rent of ₹9 crore

ICICI Bank has leased 1.29 lakh sq ft commercial space in Turbhe near Mumbai for an annual rent of almost ₹9 crore. The space is leased from listed real estate firm Arihant Superstructures, according to property registration documents accessed by Propstack.com. ICICI Bank has leased 1.29 lakh sq ft commercial space in Turbhe near Mumbai for an annual rent of nearly ₹9 crore. (Photo for...

Bengaluru residential sales increase by 2% in 2024, demand for luxury housing up

Bengaluru residential sales increase by 2% in 2024, demand for luxury housing up

Bengaluru's residential real estate market has witnessed a 2% increase in housing sales compared to 2023, driven by a surge in luxury housing demand, especially units priced between ₹2 and ₹5 crore, according to a report by Knight Frank India. Bengaluru real estate market has seen a 2% increase in housing sales compared to 2023, driven by a surge in luxury housing demand, according to a...

Can a real estate developer forfeit the deposit amount if a homebuyer cancels the booking due to financial issues?

Can a real estate developer forfeit the deposit amount if a homebuyer cancels the booking due to financial issues?

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a real estate developer in Thane, near Mumbai, to refund the amount paid as deposit by the homebuyer after deducting 1% of the total flat value. MahaRERA has directed a real estate developer in Thane near Mumbai to refund the booking amount to the homebuyer after deducting 1% of the total flat value. The buyer had...

Noida real estate: 12 housing projects qualify for waivers for period when NGT ban stalled work

Noida real estate: 12 housing projects qualify for waivers for period when NGT ban stalled work

The Noida authority on Tuesday said 12 of 57 housing projects technically qualified for waivers on interest charged on land cost dues for the period when construction was disrupted owing to a ban by the National Green Tribunal. The state government policy for stalled legacy housing projects offers an opportunity to claim waivers for the Covid-19 period and then pay 25% of total dues upfront...

Office space transactions cross 71 million sq ft mark in 2024, Bengaluru and NCR tops demand: Knight Frank

Office space transactions cross 71 million sq ft mark in 2024, Bengaluru and NCR tops demand: Knight Frank

Office space transactions touched 71.9 million sq ft in 2024, up by 20.1% annually, with Bengaluru and NCR driving the demand, according to a report by Knight Frank India on January 7. Office space transactions touched 71.9 million sq ft in 2024, up by 20.1% annually, with Bengaluru and NCR driving the demand, according to a report by Knight Frank. (Representational photo)(Pixabay) Bengaluru...

Mumbai real estate: Varun Dhawan and wife Natasha Dhawan purchase luxury apartment for over ₹44 crore in Juhu

Mumbai real estate: Varun Dhawan and wife Natasha Dhawan purchase luxury apartment for over ₹44 crore in Juhu

Bollywood actor Varun Dhawan and his wife Natasha Dhawan have purchased a ₹44.52 crore luxury apartment in Mumbai's Juhu area, according to property registration documents accessed by IndexTap Varun Dhawan and wife Natasha Dhawan buys ₹44 crore apartment in Mumbai. (HT Files) The documents show that the apartment is located on the 7th floor of D'Decor Twenty, an under-construction...

Housing sales across top eight cities touch 3.5 lakh-mark in 2024, Mumbai records highest sales: Knight Frank

Housing sales across top eight cities touch 3.5 lakh-mark in 2024, Mumbai records highest sales: Knight Frank

Housing sales rose 7% annually in 2024 across eight major cities to reach a 12-year high on better demand for premium homes amid stable mortgage rates and strong economic growth, according to a report by Knight Frank on January 7. The Knight Frank report said that the total number of sales increased from 329,097 units in 2023 to touch 350,613 units in 2024 across the top eight cities....

ASK Property Fund and India Sotheby’s International Realty join hands to launch ASK curated luxury assets fund

ASK Property Fund and India Sotheby’s International Realty join hands to launch ASK curated luxury assets fund

ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group and India Sotheby’s International Realty (“ISIR”) on January 7 a strategic collaboration to launch India’s first luxury real estate investment platform named ASK Curated Luxury Assets Fund (“the Fund”). ASK Property Fund, the real estate private equity arm of...