2025

Jan 06, 2025 06:16 AM IST DTCP had earlier sealed these flats last month, but officials said that the owners broke the seals and resumed construction without permission The enforcement wing of the Department of Town and Country Planning (DTCP) has initiated steps to seal approximately 150 illegally constructed flats in C2 Block of Palam Vihar, DTCP officials said on Sunday. According to...

NOIDA: The Noida authority board has decided to soon cancel allotment of the plots, whose owners have failed to obtain completion certificates within the stipulated time frame, officials said on Sunday. This decision follows a June 3, 2022 government notification and a December 20, 2023 order which had extended the timeline for declaring these plots functional until December 31, 2024. (Sunil...

Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road, Bengaluru with a development potential of ₹2700 crore, the company said on January 3. Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road, Bengaluru...

Mumbai, often in headlines for its cramped and overpriced housing, boasts a luxurious penthouse that redefines opulence. Real estate tycoon Niranjan Hiranandani recently offered an exclusive look inside his sprawling 25,000-square-foot penthouse, located in the heart of the city. Niranjan Hiranandani has a net worth of $1.4 billion. (Hiranandani Communities ) The 74-year-old shared the rare...

In 2023-24, Bengaluru saw a major surge in residential rentals, increasing rents by more than 20%-30%. In a city starved of rental properties, tenants have been struggling to cope with the ever-changing demands of the landlords, some of whom have gone to the extent of checking out LinkedIn profiles of their prospective tenants. Bengaluru rental market: In 2023-24, Bengaluru saw a major surge in...

Under-construction properties have recorded about 55 percent price appreciation in the last one year, according to a January 3 report by Savills India. Under-construction properties have recorded about 55 percent price appreciation in the last one year, (Representational Image)(AFP) "Gurugram and Mumbai led the surge in under-construction property values, with increases of up to 55% and 10%,...

Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft (msf) of leasing, up by 66% from 9.01 msf in 2023, according to a JLL report on January 3. Overall, India recorded 42.02 msf of absorption, up by 17.9% from 18.53 in the year-ago period. Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft (msf) of...

The Chintels Paradiso condominium at Gurugram Sector 109 will be torn down and redeveloped in two phases, officials aware of the matter said on Thursday, adding that the work will likely begin within six months. Tower D was deemed unsafe in October 2024. (Parveen Kumar/HT Photo) The development comes after all nine towers in the complex — A, B, C, D, E, F, G, H, and J — were deemed...

India’s office sector achieved a historic gross leasing volume (GLV) of 89 million sq ft in 2024 across the top 8 cities. Net absorption reached an all-time high of 50 million sq ft, a report by Cushman & Wakefield, a real estate consultancy, said. India’s office sector achieved a historic gross leasing volume (GLV) of 89 million sq ft in 2024 across the top 8 cities. (Representational...

If you are planning to invest gains made in the stock market into real estate or intend to buy property for end-use in 2025, your expectations in terms of property appreciation should be realistic. According to real estate experts, the housing market is likely to record a moderate single-digit price increase in 2025 compared to the double-digit growth of 21% witnessed last year. The housing...