Construction

While the preferred period to rent a property in Mumbai, be it commercial or residential, is a minimum one year, there are instances when properties are leased for a shorter duration for two to six months. Mumbai real estate: There is no legal provision that prohibits an owner from renting his property in the city for a shorter period, said local brokers.(Mehul R Thakkar) According to real...

Jul 10, 2024 09:57 AM IST A penthouse at Aman New York has sold for $135 million, making it the most expensive home purchased in Manhattan this year (Bloomberg) -- A penthouse at Aman New York has sold for $135 million, making it the most expensive home purchased in Manhattan this year. A penthouse at Aman New York has sold for $135 million, making it the most expensive home...

Bengaluru’s housing sales recovered ground in the April-June quarter to register a net positive growth of 4% during the first half of the year, according to a report by property consultancy Knight Frank India. Almost half of the overall sales during the half yearly period were in luxury housing segment. Bengaluru’s housing sales recovered ground in Q2 2024 to register net positive growth of...

Red Fox IT Infra LLP, a subsidiary of Redbrick Offices, a co-working space provider, has purchased 22 office spaces spread over an area of 87,618 sq ft in Andheri area of Mumbai for ₹267 crore, according to property registration documents accessed by CRE Matrix. Red Fox IT Infra LLP, a subsidiary of Redbrick Offices, a co-working space provider, has purchased 22 office spaces spread over an...

The Real Estate Regulatory Authority (RERA), Gurugram, has imposed a penalty of ₹5 crore on a real estate developer Vatika Limited for not applying for RERA registration of an ongoing project within three months of the Act getting notified in Haryana in 2017, said a statement by Haryana RERA. The Real Estate Regulatory Authority (RERA), Gurugram, has imposed a penalty of ₹5 crore on a real...

The Delhi High Court on July 9 issued notice to a real estate firm on pleas by former India cricketer Yuvraj Singh seeking invocation of arbitration laws over alleged violation of his privacy rights in promotion of construction projects and for delayed delivery of a dwelling unit to him in the national capital. The Delhi High Court has issued notice to a real estate firm on pleas by former...

Parle Biscuits Private Limited has sold three apartments for ₹44.81 crore in Mumbai in the projects Rustomjee Elements and Rustomjee Seasons, documents accessed by Zapkey showed. Parle Biscuits Private Limited has sold three apartments for ₹44.81 crore in Mumbai (Representational photo)(Unsplash) The first flat located in Rustomjee Seasons is 1928.26 sq ft (carpet area) and is located on...

Alpha Corp, a Gurugram-based real estate firm, has announced the launch of Alpha Corp SKY1, a luxury housing project spread across an area of 2.38 acres in the millennium city for which it plans to invest close to ₹350 crore, the company said on July 9. Alpha Corp, a Gurugram-based real estate firm, has announced the launch of a luxury housing project in the millennium city. (Representational...

Mumbai-based real estate developer, Ashwin Sheth Group (ASG), on July 9 announced that it plans to float an Initial Public Offering (IPO) in the next 18 to 24 months and raise ₹2,000 to ₹3,000 crore. The money raised from the IPO will be used for expansion purposes. Ashwin Sheth Group (ASG) on July 9 announced that it plans to float an Initial Public Offering (IPO) in the next 18 to 24...

Jul 09, 2024 11:11 AM IST Asian countries dominated 2024's list getting 6 out of 10 positions. Southeast Asia stood out with Vietnam, Indonesia, Philippines, Thailand ranking in top 10. Vietnam is the most affordable country in the world for immigrants marking the fourth consecutive year when the country has got the top spot out of 53 destinations, as per a 2024 InterNations study. The...