The real estate sector has performed well, driven by strong housing and office demand across the country. According to the Economic Survey, this growth is fueled by economic stability, positive market sentiment, and the expansion of physical infrastructure such as metro networks, roads, and improved connectivity, not just in Tier 1 and Tier 2 cities but nationwide. Economic stability and...

Property registrations in Mumbai surpassed the 11,700 mark, according to data from the Inspector General of Registration and Controller of Stamps of Maharashtra. This reflects a year-on-year (YoY) increase of over 7% from 10,967 registrations recorded in January 2023. Mumbai real estate update: Property registrations in the city surpassed the 11,700 mark, according to data from the Inspector...

In a significant move to resolve their ongoing dispute over the use of the ‘Lodha’ trademark, real estate tycoons Abhishek and Abhinandan Lodha have agreed to mediation. The Bombay High Court appointed a former Supreme Court justice to facilitate discussions, aiming for a resolution within five weeks. The Bombay High Court on January 31 directed real estate magnates Abhishek Lodha and...

The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday said it has approved the layout plan for the proposed Film City in Sector 21, thereby issuing permission to filmmaker Boney Kapoor-led Bayview Bhutani Film City Private Limited to proceed with its construction on the ground. Greater Noida: Layout plan of Film City get Yeida approval Bayview Bhutani submitted the...

Indian data centre infrastructure providers say the emergence of China’s low-cost artificial intelligence platform DeepSeek is expected to increase the need for more data centres rather than reduce demand. Indian data centre infrastructure providers say the emergence of China’s low-cost artificial intelligence platform DeepSeek is expected to increase the need for more data centres rather...

Ajmera Realty & Infra India Ltd (ARIIL) has acquired a land parcel measuring 1,341.1 sq meters for ₹51 crore in the Ghatkopar East area of Mumbai and plans to develop a luxury housing project with an estimated revenue of ₹175 crore, the company said in a statement on January 30. Ajmera Realty & Infra India Ltd (ARIIL) has acquired a land parcel measuring 1,341.1 sq meters for ₹51...

Panasonic Life Solutions India Private Limited has purchased a land parcel measuring 6,586 sq meters worth ₹160 crore in the Andheri area of Mumbai, according to property registration documents accessed by Square Yards. Mumbai real estate: Panasonic Life Solutions India Private Limited has purchased a land parcel measuring 6,586 sq meters for ₹160 crore in the Andheri area of Mumbai....

‘Buying a house will never go out of fashion; it will always be there,’ said Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, while highlighting the enduring appeal of housing demand in the real estate market during the company's investors' call held recently. ‘Buying a house will never go out of fashion; it will always be there,’ said Vikas Oberoi, Chairman and Managing...

Gurugram: The developer of the Chintels Paradiso condominium in Gurugram Sector 109 has begun demolishing the first of six residential towers that were declared unsafe by the district administration, officials said on Wednesday. Currently, workers are razing the structure manually, with mechanical demolition likely to start in a couple of days, the officials said, adding that the entire process is...

The housing and urban planning department of Uttar Pradesh has standardised and framed rules for assessment, levy, and collection of impact fee, development permit fee, building permit fee, and inspection fee that are collected at the time of building map approval. The state government has framed rules for assessment, levy, and collection of impact fee, development permit fee, building permit...