Construction

Mumbai-based real estate developer Keystone Realtors, also known as Rustomjee Group, on February 11 reported a net profit of ₹30 crore for the quarter ended December, compared to ₹29.9 crore in the same period last year. The company’s total income for Q3 fell to ₹485.8 crore, down from ₹533.3 crore a year ago. Mumbai-based real estate developer Keystone Realtors, also known as...

Driven by strong demand from global firms, Hyderabad's office space inventory is expected to exceed 200 million sq ft by 2030 driven by demand from technology firms and Global Capability Centres. A joint report by CBRE and the Hyderabad Software Enterprises Association (HYSEA) on February 11 stated that the city's office stock has more than tripled since 2014, reaching nearly 137 million sq ft as of...

In 2024, 50% of properties registered in the Mumbai real estate market were smaller than 650 sq ft, with nearly 60% comprising 1 BHK and 2 BHK apartments, highlighting affordability as the key factor influencing apartment sizes, according to registration data from the Maharashtra Real Estate Regulatory Authority (MahaRERA). Mumbai real estate update: In 2024, 50% of properties registered in the...

Driven by demand from Global Capability Centers (GCCs), engineering and manufacturing sectors, BFSI, and flexible office spaces, gross leasing across the top six cities is projected to reach 65-70 million sq ft in 2025. Bengaluru is expected to contribute around one-third of the total office space demand. The asset quality of commercial real estate is anticipated to improve, with developers focusing...

Gurugram: The Gurugram administration on Monday approved the Central Building Research Institute (CBRI) reports on the three remaining towers of Chintels Paradiso condominium, which deemed these unsafe for residents. A meeting of the district committee probing the Chintels Paradiso incident was held on Monday, in which it was decided that an order to vacate these towers will be issued in the next few...

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) cannot force parties in conflict to settle their disputes, the Maharashtra Real Estate Appellate Authority said in a recent ruling. Responding to an appeal filed by Shekhar Singh, who accused a prominent city builder of not giving possession of a flat within the due date, the appellate authority directed the developer to compensate...

Mumbai-based Kalpataru Limited has inked agreements to redevelop two housing societies covering an area of 7.37 acres in the eastern suburb of Chembur and the western suburb of Goregaon, as per documents accessed by IndexTap. Mumbai-based Kalpataru Limited has inked agreements to redevelop two housing societies covering an area of 7.37 acres in the eastern suburb of Chembur and the western...

In a major relief to homebuyers, Suraksha-led Jaypee Infratech has received re-validation of RERA registration for seven stalled projects comprising 10,000 housing units in Delhi-NCR. This will expedite construction work and facilitate easier access to home loans from banks and financial institutions, sources said. Suraksha-led Jaypee Infratech has received re-validation of RERA registration...

New Delhi has witnessed the maximum price appreciation of luxury properties at 6.7% and secured the sixth position among 44 cities globally. Mumbai is ranked seventh, and Bengaluru is ranked 13th, as per the Prime Global Cities Index by Knight Frank. New Delhi has witnessed the maximum price appreciation of luxury properties at 6.7% and secured the sixth position among 44 cities globally....

With aviation enthusiasts and industry leaders descending at Yelahanka Air Force Station to attend the Aero India Show 2025, Bengaluru's hotel demand has skyrocketed. Hotel occupancy has touched nearly 95%, driving more than a 20% increase in room rates. Many hotels in north Bengaluru and the Central Business District are already fully booked for the event. Many hotels in north Bengaluru and...