How LA wildfires are making an already tough rental market even worse

How LA wildfires are making an already tough rental market even worse

The one-bedroom cottage with a woodsy vibe reminded Heather McAlpine of the home she lost to the brutal Los Angeles-area wildfires. But only two hours after seeing the listing, the rental was snapped up. The one-bedroom cottage with a woodsy vibe reminded Heather McAlpine of the home she lost to the brutal Los Angeles-area wildfires.((Photo by JOSH EDELSON / AFP)) She is one of tens of...

India Design ID 2025: Balconies make a comeback, customization of space and sustainability define modern luxury living

India Design ID 2025: Balconies make a comeback, customization of space and sustainability define modern luxury living

Designers are redefining modern luxury living, shifting the focus from wide, compact layouts to spacious, well-lit, and highly functional areas. Today, luxury is defined by the ability to personalize one’s home, making customization a key feature for discerning buyers. For example, many high-end apartments are now designed with smaller, more efficient wardrobe spaces. Once considered a luxury,...

BPTP Group to invest ₹3000 crore to develop new luxury housing project in Gurugram

BPTP Group to invest ₹3000 crore to develop new luxury housing project in Gurugram

Feb 20, 2025 10:29 PM IST Delhi-NCR real estate market: BPTP to develop new luxury housing project on Gurugram's Dwarka Expressway. The project will comprise 2 and 3 BHK units Delhi-NCR-based real estate developer BPTP will invest around ₹3000 crore to develop a luxury housing project in Gurugram, the company said in a statement on February 20. BPTP will invest around ₹3000...

Hiranandani Group forms joint venture with Krisala Developers for 105-acre township project near Pune

Hiranandani Group forms joint venture with Krisala Developers for 105-acre township project near Pune

Mumbai-based Hiranandani Developers announced a joint venture with Pune’s Krisala Developers on February 20 to develop a 105-acre integrated township. The project will feature luxury villas, branded residences, and more. The company plans to launch the first phase, covering 30 acres with a projected topline of ₹2,100 crore. Hiranandani Developers announced a joint venture with Pune’s...

Globeop Financial Services India Private Limited leases 62,000 sq ft office space in Goregaon East in Mumbai for 5 years

Globeop Financial Services India Private Limited leases 62,000 sq ft office space in Goregaon East in Mumbai for 5 years

Globeop Financial Services India Private Limited has leased 62,976 sq ft office space at Nirlon Knowledge Park in Goregaon East in Mumbai at a rent of more than ₹1.05 crore per month for five years, documents accessed by Propstack showed. Globeop Financial Services India Private Limited has leased 62,976 sq ft office space at Nirlon Knowledge Park in Goregaon East in Mumbai at a rent of more...

All allottees from same town, Haryana government halts allotment of 768 flats

All allottees from same town, Haryana government halts allotment of 768 flats

Haryana government’s department of town and country planning (DTCP) on Tuesday put on hold the allotment of 708 affordable flats in a project in Sohna after it came to fore that all successful applicants were either from Sohna or had mentioned their address as Sohna, said officials in the know of the matter. For representational purposes only. (Parveen Kumar/ HT File Photo) The allotment...

Noida: SIT begins probe into land compensation fraud

Noida: SIT begins probe into land compensation fraud

The Supreme Court-appointed special investigation team (SIT) on Tuesday initiated its probe into the alleged Noida land compensation fraud, collecting details from the Noida authority’s office in Sector 6. The investigation follows the Supreme Court’s January 23, 2025, order mandating a deeper inquiry into irregular compensation payments to ineligible individuals.  The SIT will also...

‘Classist’ Gurugram housing society fines domestic helpers for not using service lift, drying clothes in the balcony | Trending

‘Classist’ Gurugram housing society fines domestic helpers for not using service lift, drying clothes in the balcony | Trending

A housing society in Gurugram fined domestic helpers and delivery staff for using the main lift instead of the service lift. The incident surfaced when a Reddit user shared images of the notice and fine receipts, sparking widespread discussion online. The society in Delhi NCR imposed fines on 'maids' for not using the service lift. (Reddit/@r/gurgaon) The notice, which was pasted inside the...

RERA update: Can investors approach real estate regulator for stalled commercial projects?

RERA update: Can investors approach real estate regulator for stalled commercial projects?

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...

Arkade Developers secures redevelopment project in Mumbai’s Malad having ₹740 crore potential

Arkade Developers secures redevelopment project in Mumbai’s Malad having ₹740 crore potential

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...

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