After launching projects in North India, Emaar India now plans to foray into the Mumbai real estate market and invest ₹2,000 crore in the next few years. The company on October 21, launched a villa project in Alibag near Mumbai. Emaar India plans to foray into Mumbai real estate market and invest ₹2,000 crore in the next few years. The company on October 21, launched a villa project in...

Housing sales across top 30 Tier 2 cities fell by 13% in the July-September quarter of 2024 while new launches declined by 34%, according to a new report released by real estate data analytics firm PropEquity on October 21. Housing sales in top-30 Tier 2 cities fell 13% to 41,871 units in July-September period (Representational photo)(Shutterstock) Housing sales fell to 41,871 units in Q3...

“Art collector. Art connoisseur”: These are the words used by Maheep Kapoor to describe Shalini Passi, the newest addition to her Netflix reality show Fabulous Lives vs Bollywood Wives. Though Maheep’s tone may have carried a hint of derision, she couldn’t have summed up the grande dame of Delhi’s art scene more accurately. Shalini Passi poses inside her art-filled Delhi...

Almost 53% of the homebuyers are dissatisfied with the available options in the affordable housing segment across cities. They cite project location, low construction quality, inferior design elements and small unit size as the main reasons, according to the Anarock-FICCI Homebuyer Sentiment Survey - H1 2024. About 53% home buyers unhappy with affordable housing options (Representational...

The Maharashtra Real Estate Regulatory on October 21 said that the conciliation forums have resolved 1,749 complaints between homebuyers and real estate developers across the state. Maharashtra Real Estate Regulatory on October 21 said that the conciliation forums have resolved 1,749 complaints between homebuyers and real estate developers across the state(HT FIles) The MahaRERA had set up...

Listed real estate developer Godrej Properties Limited (GPL) on October 21 announced that it has acquired three acres of land in Vastrapur area of Ahmedabad in Gujarat to develop a housing project with an estimated booking value of ₹1,300 crore. Listed real estate developer Godrej Properties Limited (GPL) on October 21 announced that it has acquired three acres of land in Vastrapur area of...

“My contract, signed last year, mentions a yearly rent escalation of 20%, however my landlady hasn’t brought it up yet,” said Anirban Choudhury, a resident of Kasturi Nagar in East Bengaluru. Bengaluru’s rental housing market returns to normalcy pushing past full impact of pandemic, experts say (Representational photo)(Shutterstock) In another example, an early career professional...

The Noida authority has taken stringent action against realtors who have failed to clear their financial dues, sealing properties and suspending an official for negligence on Saturday, the civic body officials said on Sunday. The latest measure follows prior action by the Noida authority against at least six other developers who failed to comply with the state government’s interest waiver...

Bengaluru-based real estate firm Prestige Estates Projects Ltd will invest close to ₹7000 crore to develop a township project in Ghaziabad in Delhi NCR. The project 'Prestige City' is expected to be launched this quarter after all necessary approvals are received. Bengaluru-based real estate firm Prestige Estates Projects Ltd will invest close to ₹7000 crore to develop a township project in...

Stating that RERA has ‘not been able to achieve its desired objectives’ since it became fully functional, homebuyers' body Forum for Peoples’ Collective Efforts (FPCE) has written to the consumer affairs ministry and demanded that it frame specific guidelines for the real estate sector to curb unfair trade practices and protect consumers' interests.  It said that there is an urgent need to...