Construction

Niranjan Hiranandani, chairman of NAREDCO, the apex body for real estate developers, has said that the RBI interest rate cut would significantly benefit affordable housing and hopes that a 100 basis point reduction in the repo rate going forward will further boost the segment. A 100 bps repo rate cut in the next one year could boost affordable housing, says NAREDCO chairman (Hiranandani...

Feb 12, 2025 10:33 PM IST Maharashtra Transport Minister Pratap Sarnaik said that the MSRTC land parcels are located in areas such as Lonavala, Khandala and Mahabaleshwar in Maharashtra The Maharashtra government has urged real estate developers to come forward to develop commercial and residential premises on 3,360 acres of land owned by the Maharashtra State Road Development Transport...

Propstack, a real estate data analytics provider, and Singapore-based firm AlphaGeo that is into geospatial artificial intelligence, have joined forces to provide investing solutions for India’s real estate market, including forecasts on how climate risks such as floods, heatwaves, droughts, sea level rise, typhoons among others can affect a property's long-term value. Propstack, a real...

Listed real estate developer Arkade Developers announced on February 12 that it has secured a cluster redevelopment project with a gross development value of ₹1700 crore in Dahisar, a micro market on the northern tip of Mumbai city. Listed real estate developer Arkade Developers announced on February 12 that it has secured a cluster redevelopment project with a gross development value of...

Housing sales in India’s top 15 tier 2 cities rose by 4% to 1.78 lakh units with sales value increasing by 20% to touch ₹1.52 lakh crore in 2024 on the back of higher volumes and rise in prices, according to NSE-listed real estate data analytics firm PropEquity. Housing sales in India’s top 15 tier 2 cities rose by 4% to 1.78 lakh units with sales value increasing by 20% to touch ₹1.52...

Actor and model Gauhar Khan has purchased three apartments worth ₹10.13 crore in Mumbai's Versova area, according to property registration documents accessed by SquareYards. Mumbai real estate: Actor and model Gauhar Khan and her husband Zaid Darbar have purchased three apartments worth ₹10.13 crore in Mumbai's Versova area.(Photo: Instagram/HT Files) The documents showed that the three...

When Swagata Bhar began her house-hunting journey in Bengaluru, she was taken aback by the small sizes of most 1BHKs, often less than 350 sq feet. "Some barely had enough space for a sofa in the living room, leaving little room to move around. One even lacked a bathroom—the owner just pointed to one on the terrace," Bhar recalled Bengaluru Rentals: With limited space and rising demand,...

To enhance affordability for middle-class homebuyers, the Finance Minister announced on February 1 that no income tax would be payable on earnings up to ₹12 lakh— ₹12.75 lakh including standard deductions—under the new tax regime. If you earn around ₹12 lakh a year and are considering buying a house, here’s what you should consider before deciding whether to buy an apartment or continue to...

NBCC (India) Ltd, the government’s construction arm, has sold 1,233 housing units for ₹3217 crore through an e-auction in a new project in Greater Noida West. The fund will help the company complete stalled projects of the embattled Amrapali Group. NBCC (India) Ltd, the government’s construction arm, has sold 1,233 housing units for ₹3217 crore through an e-auction in a new project in...

Real estate developer Bakeri Group and investment management company Lumos Alternate have joined hands to launch a ₹500-crore real estate investment platform named Sakar Realty Fund - I. The SEBI-approved platform targets mid-market residential projects in major Indian cities such as Bengaluru, Mumbai, Ahmedabad, and Pune, with an investment horizon of 3-4 years per project. Real estate...