Bigger homes continue to dominate buyer preferences since the pandemic. As many as 51% homebuyers prefer 3BHK units while 39% are looking for 2BHK options, according to the second edition of the Homebuyer Sentiment Survey - H1 2024 that was released at the FICCI Real Estate Investment Summit held in Mumbai. As many as 51% homebuyers prefer 3BHK units while only 39% are looking for 2BHK options,...

Marriott International, Inc has announced the signing of an agreement with Prestige Falcon Realty Ventures Private Limited to bring its brand The Edition to South Asia, with a 182-key The Mumbai Edition.Expected to debut in 2028, The Mumbai Edition will mark the brand’s first property in India, establishing a new benchmark for luxury hospitality in the region, the company said in a statement....

Cushman & Wakefield has announced the appointment of Supriya Chatterjee as Managing Director, North India. In her new mandate, Chatterjee will lead the firm’s Delhi-NCR office, driving growth and enhancing client relationships throughout the northern region, including Jaipur, the company said in a statement. Cushman & Wakefield has announced the appointment of Supriya Chatterjee as...

The real estate market continues to be dominated by end-users with more than 67% buying properties for self use. At least 33% of the prospective buyers aim to purchase a property from an investment perspective but given that prices have escalated significantly across the top seven cities, there is a 3% dip compared to last year, a FICCI-Anarock report has said. The real estate market continues...

Mumbai is ranked among the most expensive cities in India for accommodation rentals. The average annual rental cost for housing in Mumbai can put you back by ₹5.18 lakh for a 1 BHK apartment. This exceeds the average annual salary of junior level employees which is around ₹4.49 lakh, an annual report by CREDAI-MCHI, an apex body of real estate developers has said. Mumbai is ranked among the...

Oct 18, 2024 09:26 AM IST China’s September home prices fell at almost the same pace as the previous month, despite the country’s efforts to stabilize the real estate sector. (Bloomberg) -- China’s September home prices fell at almost the same pace as the previous month, despite the country’s efforts to stabilize the real estate sector. China’s September home prices fell...

Navi Mumbai: The latest auction of plots in Navi Mumbai has drawn a surprisingly lukewarm response, considering the premium real estate prices in the city and the record numbers clocked in earlier times. On Tuesday, however, only 15 of the 47 plots offered by the City and Industrial Development Corporation (CIDCO) received qualified bids. The poor response is especially surprising considering the...

The Noida authority on Thursday said it has sealed four housing projects for violations of building by-laws. The promoters of these four projects were found doing construction at the site even after the term of the construction period ended a long time ago, said officials. Noida authority officials in the process of sealing one of the four housing project sites on Thursday. (HT Photo)...

A five-member safety committee, chaired by Gautam Budh Nagar district magistrate Manish Kumar Verma, has been established to monitor and review safety and functioning of lifts, escalators in high-rise buildings in Gautam Budh Nagar, said officials on Thursday. In the event of an accident, a joint investigation will be conducted by an electrical inspector and an executive magistrate, with the...

Delhi-NCR-based company Nirala World has acquired a 2.6 acre land parcel in Greater Noida for ₹180 crore and intends building a commercial project on it.The company said it has bought 10,600 square meters of land (2.6 acres) worth ₹180 crore, including GST, lease rent and stamp duty.The amount includes GST, lease rent and stamp duty. The parcel of land is located in the Greater Noida West sector...