The owners and promoters of Lodha Group, Abhishek Lodha and family, have pledged to transfer stake worth around ₹20,000 crore in their listed entity Macrotech Developers to the company’s philanthropic initiative Lodha Philanthropy Foundation (LPF), a non-profit organisation that uses all its income and assets solely for national and social causes. The owners and promoters of Lodha Group,...

Dhanteras, the first day of the festive period of Diwali, is considered an auspicious occasion not only to buy gold but also real estate which continues to be the most preferred asset class for investment for over 59% investors. Dhanteras, the first day of the festive period of Diwali, is considered an auspicious occasion not only to buy gold but also real estate (Representational photo)...

Global hospitality major Hilton on October 28 announced the signing of Hilton Garden Inn in East Bengaluru's Whitefield micro market, set to open in early 2025. Hilton signs second Hilton Garden Inn in Bengaluru, to open in early 2025 (Picture used for representational purpose only)(Pixabay) “This new property will bring Hilton’s Bengaluru portfolio to seven trading and ten pipeline...

Global capability centres (GCCs) took up nearly 23,000 seats from coworking space operators in India during the first nine months of the ongoing calendar year, according to a report by property consultancy Knight Frank India. Global capability centres lease nearly 23,000 coworking desks between January - September period (Representative photo)(Shutterstock) As per data collated by Knight...

Real estate developers have raised ₹12,801 crore through the qualified institutional placements route in the first nine months of 2024 which is almost 17% of the total QIP issuance across sectors that stands at ₹75,923 crore, a report by Anarock showed on October 28. Real estate developers raise ₹12,801 crore via QIP between Jan-Sep period. (Representational photo)(Abhijit Bhatlekar/...

To protect home buyers purchasing new projects in Noida, the Noida Authority has now made it mandatory that a tripartite ‘sale agreement’ be signed between the buyer, builder, and Noida Authority as soon as the buyer pays 10% of the property cost to the developer. To protect home buyers purchasing new projects in Noida, the Noida Authority has now made it mandatory that a tripartite ‘sale...

Prospective property buyers in Bengaluru looking to lock down their dream homes this festive season can anticipate a host of new options hitting the real estate market over the next three months, however, they may not be accompanied with the blockbuster deals and discounts traditionally available around this time of the year. Diwali 2024: Bengaluru real estate developers gear up for new project...

Oct 28, 2024 07:48 AM IST The Bombay High Court directed NMMC to list buildings occupied without Occupancy Certificates, following a petition highlighting safety violations. Mumbai: The Bombay high court on Friday directed the Navi Mumbai Municipal Corporation (NMMC) to submit a list of buildings which are occupied without obtaining Occupancy Certificates (OC), a vital document that...

MUMBAI: In a decisive step to curb air pollution, the Brihanmumbai Municipal Corporation (BMC) issued stop-work notices to two construction sites on Saturday evening for failing to comply with air pollution control guidelines. The sites, located in Vile Parle and JB Nagar in Andheri East, were found in violation of critical measures aimed at reducing dust and particulate matter emissions during...

The Noida authority has decided to delineate the village residential areas (Abadi) of each village prior to initiating land acquisition for the upcoming ‘New Noida’ development in Gautam Budh Nagar and Bulandshahr districts in a move to ensure transparency and avoid future disputes, officials said on Sunday. The decision aims to prevent errors that could cause distress to farmers and delay...