2025

Bengaluru has led growth in India's key office markets, with gross leasing in the IT hub hitting a record of nearly 21.8 million sq ft in the calendar year (CY) 2024, according to a CBRE report on January 6. Bengaluru has led growth in India's key office markets, with gross leasing in the IT hub hitting a record of nearly 21.8 million sq ft in the calendar year (CY) 2024, according to a CBRE...

Amit Banerji, co-founder of managed workspace operator ‘Table Space’, died of a heart attack on Monday morning at the age of 44, a company statement said. Amit Banerji was the co-founder and CEO of Table Space(tablespace.com) Amit Banerji, who was also the chief executive officer of Table Space, had launched the company in 2017 along with Karan Chopra, a VCCircle report which cited the...

Jan 07, 2025 05:56 AM IST DTCP has so far issued over 1,100 show-cause notices to property owners in DLF Phase 3, and notices are being pasted on houses in the area The enforcement wing of the Department of Town and Country Planning (DTCP) has identified approximately 7,500 houses in DLF phases 1 to 5 with building code violations, including illegal construction, unauthorised commercial...

NAVI MUMBAI: With the Navi Mumbai International Airport (NMIA) inching ahead towards full scale operation by the middle of next year, the already much-delayed Navi Mumbai Airport Influence Notified Area (NAINA) project, that envisages development around the airport, has once again become the focus of City and Industrial Development Corporation of Maharashtra (CIDCO), investors and other stakeholders....

National Real Estate Development Council on Monday pressed for a hike in deduction on housing loan interest payment from ₹2 lakh to ₹5 lakh and accord infrastructure status to the housing sector in the forthcoming Budget. National Real Estate Development Council on Monday pressed for a hike in deduction on housing loan interest payment from ₹2 lakh to ₹5 lakh and accord infrastructure...

The Maharashtra Housing and Area Development Authority (MHADA) on January 6 said that it has introduced a special amnesty scheme to help housing societies in Mumbai and its suburbs obtain their long-pending Occupancy Certificates (OC) for redeveloped buildings. Maharashtra Housing and Area Development Authority (MHADA) on January 6 said that it has introduced a unique amnesty scheme to help...

Anshul Soni has been looking to purchase an apartment in Bengaluru with a budget of ₹1 crore. "I can see that Kanakapura Road has decent affordable flats with grade A builders. We also commute easily to Hosur Road since I am an IT professional working in ORR with work-from-home and my wife works on Hosur Road," he added. Located around 30 minutes from south Bengaluru's IT corridor of...

Macrotech Developers, also known as Lodha, on January 6 reported pre-sales of over ₹4,500 crore in the third quarter of the ongoing financial year 2024-25, a 32% YoY growth from over ₹3,400 crore during the same period last year. Macrotech Developers, also known as Lodha, on January 6 reported pre-sales of over ₹4,500 crore in the third quarter of the ongoing financial year 2024-25....

Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to a January 6 report by Colliers India. Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to Colliers...

The United Arab Emirates (UAE)'s real estate sector maintained its growth momentum throughout 2024, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country's economic growth. Property markets in Dubai, Abu Dhabi saw traction. According to the official data from the local real estate authorities of the four emirates,...