Construction

Office buildings in Mumbai’s Bandra Kurla Complex command higher prices than Manhattan

Office buildings in Mumbai’s Bandra Kurla Complex command higher prices than Manhattan

Uday Kotak, the founder and director of the Kotak Mahindra Bank, has expressed surprise over a building in New York being sold at a massive 70 per cent discount to its previously sold price. Uday Kotak's response to the New York office distress deal underscores the impact of COVID on the commercial real estate landscape in the US. REUTERS/Amr Alfiky/File Photo(REUTERS) According to a post...

No respite in sight for home buyers as Noida Authority to challenge High Court order

No respite in sight for home buyers as Noida Authority to challenge High Court order

Two weeks after the Allahabad High Court ordered Noida Authority to execute registries in the name of home buyers in Cloud Nine’s Lotus Espacia housing project in Sector 100, the authority has decided to challenge the court order, thereby causing more delay in the process. The Noida Authority has decided to challenge the High Court order requiring it to execute registries in the name of...

Maharashtra government extends stamp duty amnesty scheme until June 2024

Maharashtra government extends stamp duty amnesty scheme until June 2024

The Maharashtra government has decided to extend the stamp duty amnesty scheme for the third time until June 30, 2024, providing relief to property owners. The Maharashtra government has decided to extend the stamp duty amnesty scheme for the third time until June 30, 2024, providing relief to property owners. (Picture for representational purposes only) (BACHCHAN KUMAR/HT PHOTO) “...And...

Real estate sector expected to touch a market size of .3 trillion by FY2034: Credai

Real estate sector expected to touch a market size of $1.3 trillion by FY2034: Credai

The real estate sector is projected to touch a market size of $1.3 trillion (13.8% of projected GDP) by FY 2034 and $5.17 trillion (17.5% of projected GDP) by 2047, according to a report by the builders’ apex body Confederation of Real Estate Developers’ Association of India (Credai). The real estate sector is projected to touch $1.3 trillion (13.8% of projected GDP) by FY 2034 and $5.17...

DLF, Chennai Green Woods Private Ltd lead list of realty firms that donated over ₹1000 crore through electoral bonds

DLF, Chennai Green Woods Private Ltd lead list of realty firms that donated over ₹1000 crore through electoral bonds

Over 40 real estate firms contributed more than ₹1000 crore to political parties through electoral bonds between 2019 and 2024, as per data released by the Election Commission that released SBI’s list of entities that had purchased electoral bonds for making political donations. Electoral Bonds: The Election Commission of India released the details on Thursday. As per the list, over 40 real...

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