Construction

In a rare move, NCLT has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure in July 2023, saying the plea was initiated with "fraudulent and mala fide intentions" and a collusive petition was filed by the financial creditor. In a rare move, NCLT has recalled and set aside its own order directing insolvency proceedings against realty...

Bollywood celebrities, including Amitabh Bachchan, Akshay Kumar, Subhash Ghai, and Sonakshi Sinha, invested ₹56.1 crore in apartments across micro markets in the Mumbai real estate market between 2016 and 2021 and sold four flats in January 2025 for a total value of ₹122.42 crore. Mumbai real estate update: Four Bollywood stars, including Amitabh Bachchan, Akshay Kumar, Sonakshi Sinha, and...

On a wet evening in July 2024, as rain beat down on the national capital, a group of students preparing for the Indian civil services exams ran into the cramped basement of a coaching centre in Old Rajinder Nagar. Around 7pm, a gush of water swept into the basement from the flooded street, killing three of them within minutes. What Delhi wants: A city’s wish list from its new govt Dismay...

Anamudi Real Estates LLP, a privately held firm of the Godrej family, has acquired a land parcel in Mumbai's Juhu area for ₹80.83 crore, according to property registration documents accessed by SquareYards. Anamudi Real Estates LLP, a privately held firm of the Godrej family, has acquired a land parcel in Mumbai's Juhu area for ₹80.83 crore. (Picture for representational purposes...

Despite rents in Bengaluru touching the roof, especially in areas close to the city centre, there is enough demand for 1BHK apartments among students and young professionals relocating to the IT city for new jobs. Despite rents in Bengaluru touching the roof, especially in areas close to the city centre, there is enough demand among students and young professionals relocating to the city for...

Ashwin G has been searching for flat mates in Bengaluru's prime areas like HSR Layout and Koramangala for over a month due to steep rentals— ₹40,000 for a 1BHK and ₹75,000-90,000 for a 2/3 BHK—and an equally exorbitant deposit amount of up to ₹4.8 lakh. With rentals increasing by 20-30% in the IT Capital over the past two years, the high deposit demands leave potential tenants struggling to...

Driven by technology and research firms, office space absorption in Kochi, Kerala, reached 17 million sq ft by December 2024, marking a 28% increase over the past three years, according to a joint report by CBRE and CREDAI Kerala. Meanwhile, Kochi's total retail space stock has grown 9% since 2020, totalling 3.4 million sq ft as of December 2024. Driven by technology and research firms, office...

Hyderabad has recorded 75,512 housing sale transactions, including apartments, plots and villas, compared to 74,495 transactions recorded in 2023, according to data shared by Square Yards. Hyderabad has recorded 75,512 housing sale transactions, including apartments, plots and villas, compared to 74,495 transactions recorded in 2023, according to data shared by Square Yards. (Representational...

Feb 07, 2025 04:14 PM IST Raymond Limited’s subsidiary, Ten X Realty West Limited, has signed a Joint Development Agreement for the new housing project in Mahim West, Mumbai. Real estate firm Raymond Ltd has partnered with a landowner to develop a housing project in Mumbai with an estimated revenue potential of ₹1,800 crore. Real estate firm Raymond Ltd has partnered with a...

Following Budget 2025, where the finance minister announced zero income tax for salaries up to ₹12 lakh, the RBI cut the repo rate by 25 bps to 6.25% on February 7, bringing much-needed relief for home loan borrowers. The RBI rate cut will help improve loan affordability and boost housing demand It is to be noted that the RBI increased the repo state by 250 basis points from May 2022 to...