The Real Estate (Regulation and Development) Act, 2016 (RERA), is primarily designed to safeguard homebuyers' interests and promote transparency in the real estate sector. Although RERA is often associated with residential real estate projects, it also applies to commercial real estate projects under specific conditions, legal experts say. Legal experts say that RERA's implementation guarantees...

Listed real estate developer Arkade Developers announced on February 19 that it had secured the redevelopment rights for Nutan Ayojan, a cooperative housing society in Mumbai's Malad West area. The project has a gross development value (GDV) of ₹740 crore. Mumbai redevelopment news: Arkade Developers announced on February 19 that it had secured the redevelopment rights for Nutan Ayojan, a...

The real estate activity in the Vijayawada-Guntur region has gained momentum with the works on Andhra Pradesh capital city of Amaravati picking up pace after the Chandrababu Naidu government resumed the abandoned constructions and called for tenders for massive infrastructure projects, people familiar with the development said. Andhra Pradesh chief minister N Chandrababu Naidu inaugurated the...

Shahrukh Khan has taken on rent two duplexes in the Pali Hill area in Khar, Mumbai for ₹8.67 crore for three years, according to property registration documents accessed by Zapkey.com Bollywood actor Shahrukh Khan has taken two duplexes on rent in the Pali Hill area in Khar, Mumbai for ₹8.67 crore rent over a period of 36 months(Photo by Sujit JAISWAL / AFP) Documents show that the two...

Feb 19, 2025 02:53 PM IST OYO-owned European holiday home brand DanCenter launched in India Travel tech unicorn OYO's parent company, Oravel Stays, on Wednesday announced the launch of its European holiday homes brand, DanCenter, in the Indian market. Travel tech unicorn OYO's parent company, Oravel Stays, on Wednesday announced the launch of its European holiday homes brand,...

UC Punawale Skyscrapers LLP has purchased a land parcel in Punawale in Pimpri-Chinchwad, Pune, for ₹129 crore, according to property registration documents accessed by Square Yards. UC Punawale Skyscrapers LLP has acquired a land parcel in Punawale in Pimpri-Chinchwad, Pune, for ₹129 crore (Picture for representational purposes only)(Mehul R Thakkar/HT) The land parcel has a total...

Elon Musk's automotive company Tesla has reportedly selected locations for setting up two showrooms in New Delhi and Mumbai spread across an area of around 5000 sq ft, said a Reuters report quoting sources. Tesla electric vehicles are parked in a Tesla dealer in Paramus, New Jersey, US, July 23, 2024. (REUTERS/File) Tesla has shortlisted space to lease in the Aerocity area near New Delhi's...

Elon Musk's automotive company Tesla has reportedly selected locations for setting up two showrooms in New Delhi and Mumbai, bringing closer the long-awaited plans to sell electric cars in India. Tesla electric vehicles are parked in a Tesla dealer in Paramus, New Jersey, US, July 23, 2024. (REUTERS/File) Sources familiar with the matter, cited in a Reuters report, said Tesla has been...

About two months ago, Srinivas Gowda relocated to Bengaluru’s prime HSR Layout to be closer to his workplace. “The rents here are insane. I saw a semi-furnished 400 sq ft one-bedroom apartment costing around ₹35,000 per month. I thought that rents were high in Mumbai, but I’m surprised to find this in Bengaluru,” Gowda said. Demand for 1BHK apartments in Bengaluru's city centre and IT...

Listed real estate developer Mahindra Lifespaces Developers Limited (MLDL) on February 18 announced that it has partnered with Livingstone Infra Private Limited (LS) for a cluster redevelopment project in Mumbai's Mahalaxmi. The project has a Gross Development Value (GDV) of ₹1650 crore. Listed real estate developer Mahindra Lifespaces Developers Limited (MLDL) on February 18 announced that...