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HC orders fresh check on ‘illegal flat’ claim that split Marlboro House Society in Pedder Road

HC orders fresh check on ‘illegal flat’ claim that split Marlboro House Society in Pedder Road

MUMBAI: The Bombay High Court has ordered a fresh verification of whether a small premises inside the historic Marlboro House Cooperative Housing Society on Pedder Road can legally be treated as an independent flat, a question that has fuelled a bitter divide among the Art Deco building’s residents. HC orders fresh check on ‘illegal flat’ claim that split Marlboro House Society in Pedder...

Allahabad HC stays UP govt’s order on Sunworld City project

Allahabad HC stays UP govt’s order on Sunworld City project

GREATER NOIDA: The Allahabad High Court has stayed Uttar Pradesh government’s order that approved interest waivers and other benefits to realty firm Sunworld City in its 414,000 square metres mixed-land use township located in Sector 22D along the Yamuna Expressway. Yeida argued that the government had ignored the high court’s 2012 directions, ordered lease execution notwithstanding...

Maharashtra govt grants full legal validity to digitally signed land records, here’s what you should know

Maharashtra govt grants full legal validity to digitally signed land records, here’s what you should know

The Maharashtra government's Revenue Department announced on December 4 that it has accorded legal validity to digitally issued land records, including documents such as 7/12 and 8A land title extracts, as well as mutation records. The initiative was announced by Maharashtra Revenue Minister Chandrashekhar Bawankule.Maharashtra government's Revenue Department has accorded legal validity to digitally...

Think you profited from your property investment? Here’s why a price jump isn’t always a real gain

Think you profited from your property investment? Here’s why a price jump isn’t always a real gain

A home bought years ago may now be worth crores, but most buyers rarely calculate the true lifetime cost. stamp duty, maintenance, repairs, property tax, interest outgo, or compare it with the returns their money could have earned elsewhere. Homebuyers suffer from a common ‘optical illusion’ in real estate: looking only at the sale price versus the purchase price and calling the difference...

SC greenlights conditional OCs in Noida’s Sector 150; What it means for Sports City projects

SC greenlights conditional OCs in Noida’s Sector 150; What it means for Sports City projects

In a major relief for thousands of homebuyers awaiting possession since 2014, the Supreme Court has directed the Noida Authority to issue conditional occupancy certificates for housing projects in Sector 150 under the Sports City scheme, and to allow registries wherever developers have complied with building norms.In its order dated November 24, a bench of Justices MM Sundresh and Satish Chandra Sharma...

Urban Vault strengthens GCC push, secures leases from three Japanese firms for 21,000 sq ft of office space in Bengaluru

Urban Vault strengthens GCC push, secures leases from three Japanese firms for 21,000 sq ft of office space in Bengaluru

Urban Vault, a managed workspace provider, has expanded its enterprise portfolio by onboarding three major Japanese firms, Nachi, Pioneer, and Komatsu, in Bengaluru, leasing 21,000 sq ft of office space to them, the company said on December 7.Urban Vault, a managed workspace provider, has expanded its enterprise portfolio by onboarding three major Japanese firms, in Bengaluru (Photo for representational...

Bengaluru real estate: Will slowing NRI interest and rising property costs lead to a market correction?

Bengaluru real estate: Will slowing NRI interest and rising property costs lead to a market correction?

Bengaluru’s real estate market has become a topic of discussion among Redditors, with many questioning the sustainability of the city’s property boom. Users debated whether a slowdown in demand, particularly from US-based NRI investors, could trigger a downturn. Some argued that the increasing supply of real estate will stabilize prices, while others believed housing demand will continue to...

TCS to acquire commercial real estate firm Darshita Southern India Happy Homes for ₹2,250 crore

TCS to acquire commercial real estate firm Darshita Southern India Happy Homes for ₹2,250 crore

Mar 11, 2025 11:02 PM IST The acquisition of the land and building held by Darshita Southern India Happy Homes is to serve as a delivery centre for TCS, according to a regulatory filing. IT major Tata Consultancy Services said on March 11 that it has signed an agreement to acquire a100% equity stake in a Bengaluru-based commercial real estate firm Darshita Southern India Happy Homes Pvt...

Hyderabad real estate: Peripheral areas to see 10-20% price hike in 3-5 years, driven by Metro Phase 2

Hyderabad real estate: Peripheral areas to see 10-20% price hike in 3-5 years, driven by Metro Phase 2

Hyderabad's real estate sector, especially in peripheral locations, is expected to see property prices increase by 10-20% over the next 3-5 years, driven by key infrastructure projects, including the Metro Phase 2 extension, a report by Colliers India has said. Hyderabad's real estate sector, especially in peripheral locations, is expected to see property prices increase by 10-20% over the next...