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September 2026

Chalet Hotels targets 5,500 keys by FY30, bets on hybrid model

New Delhi, Sep 6 (PTI) Chalet Hotels Ltd aims to have around 5,500 hotel keys by FY30 as it expands beyond its traditional asset-ownership model, the hospitality player's MD and CEO Shwetank Singh said.Chalet Hotels Ltd aims to have around 5,500 hotel keys by FY30 as it expands beyond its traditional asset-ownership model, the hospitality player's. (Picture for representational purposes only) (Pexels...

Tribunal restores residential status of Mahalaxmi project

Mumbai: The Maharashtra Real Estate Appellate Tribunal (MahaREAT) has ordered Valor Estate (formerly DB Realty) and the Prestige Group to restore the status of their luxury high-rise project in Mahalaxmi from residential-cum-commercial to residential, to honour commitments made to homebuyers nearly two decades ago.Tribunal restores residential status of Mahalaxmi projectIn a judgment delivered on August...

Bengaluru Authority proposes property tax incentives for vacant plots converted into parking facilities

Bengaluru may soon offer 100% property-tax incentives to owners of vacant plots who convert their land into dedicated multi level parking facilities, under a proposed set of comprehensive parking rules aimed at easing the city's growing parking and traffic problems.Bengaluru may soon offer 100% property-tax incentives to owners of vacant plots who convert their land into dedicated multi level parking...

MahaRERA declines homebuyer’s plea for developer to buyback flat near Mumbai over leakage, dampness related issues

The Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed a homebuyer’s complaint seeking buyback of his flat and a refund with interest, after he alleged persistent water seepage, dampness and poor construction quality in his apartment near Mumbai. MahaRERA declines homebuyer’s plea for developer to buyback flat near Mumbai over leakage, dampness related issues. (Picture for...

Sajid Nadiadwala’s production house lease their office space in Mumbai’s Andheri for a total rent of ₹2.46 crore

Sajid Nadiadwala’s production house, Nadiadwala Grandson Entertainment Private Limited has leased commercial office units in Mumbai's Andheri West, to Rhea and Dia Enterprises Pvt Ltd. for a period of 28 months for a total rent of ₹2.46 crore, according to property registration documents accessed by CRE Matrix.Sajid Nadiadwala’s production house, Nadiadwala Grandson Entertainment Private Limited...

Noida sector 53 residents raise concerns over frequent power outages

Noida: Residents of Sector 53 have raised concerns over frequent power outages in the area, claiming they have faced power cuts almost every day for the past six months.Noida sector 53 residents raise concerns over frequent power outagesThe power department, however, said there was no known ongoing issue in the sector.Ram Lakhan Chaudhary, president of the Residents’ Welfare Association (RWA) of...

What happens to Mumbai’s high-rise buildings after 30 years? Redditors debate maintenance, repairs and redevelopment

Mumbai real estate market's skyline continues to build upwards, a question that is rarely part of the conversation around new luxury towers is beginning to attract attention is what happens to these buildings after 30 years? A discussion on Reddit’s Indian real estate forum has sparked a debate around the long-term maintenance, repair costs and eventual redevelopment of high-rise residential buildings...

Garbage crisis triggers war of words in Ambernath council; councillors target contractor, health dept | Thane News

Ambernath councillors expressed their deep dissatisfaction over the worsening garbage situation in the town. (Representational image) AMBERNATH: A worsening garbage crisis in Ambernath came under sharp scrutiny at the general body meeting of the municipal council on Friday, with councillors from the BJP and Shiv Sena accusing the waste collection contractor and the civic health department of failing to...