Construction

Pune's real estate market reported a 25% spike in the total number of property registrations throughout 2024, with 190,025 property registrations compared to 152,323, and a 33% revenue increase to ₹7,098 crore from ₹5,352 crores, according to data from the Maharashtra Maharashtra IGR (Inspector General of Registration). Pune's real estate market reported a 25% spike in the total number of...

US President Donald Trump has signed an executive order to end automatic birthright citizenship for children of non-permanent residents. A few experts say this order is expected to encourage Indians to return and and invest in real estate back home rather than in the US. A few experts say the birthright citizenship order signed by US president Donald Trump may encourage some Indians to return...

With the Maharashtra government considering an increase of almost 10% in the ready reckoned (RR) rates to boost revenue to around ₹70,000 crore, the move is likely to impact homebuyers and also increase prices of commercial office space and retail real estate, developers told HT.com Mumbai real estate update: With the Maharashtra government considering an increase of almost 10% in the ready...

Mumbai-based listed real estate developer Lodha, which goes by the name of Macrotech Developers and is helmed by Abhishek Lodha, has approached the Bombay High Court to restrain the House of Abhinandan Lodha (HoABL), a company set up by his younger brother, from using the brand name ‘Lodha’ in any form. Abhishek Lodha-promoted Macrotech Developers Ltd has filed a case against HoABL,...

Jan 20, 2025 11:06 PM IST The MMRC had floated a global tender in October 2024 for leasing the South Mumbai plot at a reserve price of around ₹5,173 crore The Mumbai Metro Rail Corporation (MMRC), which is constructing the Colaba-Aarey Colony Metro-3 underground corridor in Mumbai, on January 20 said it had received a formal request from the Reserve Bank of India for land at Nariman...

In the highest ever commercial lease rentals in the country, Apple India Pvt Ltd has taken on rent 6,526 sq ft of space in Bandra Kurla Complex (BKC) in Mumbai at a monthly rental of ₹738 per sq ft, according to property registration documents accessed by Proptstack.com Mumbai real estate: In the highest ever commercial lease rentals in the country, Apple India Pvt Ltd has taken on rent 6,526...

Jan 20, 2025 05:08 PM IST The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed. (Bloomberg) -- The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed. City of London’s tallest tower fully leased with riverstone deal....

As many as 3000 leaders from across 130 countries are expected to converge in Davos, Switzerland, for the next five days starting today for the high-profile 55th World Economic Forum (WEF). Like every year, the high-profile event leads to all hotels and rental apartments getting booked much in advance. The Davos Congress Center, center, where the World Economic Forum will take place is covered...

With almost five lakh housing units stuck in various stages of construction across cities, homebuyers hope that Budget 2025 will focus on giving them more money and incentivising those who have not received possession of their homes for years despite having paid almost 80%- 100% of the amount to the real estate developer. Homebuyers want Budget 2025 to provide tax sops to buyers whose homes...

Construction work on the Dharavi Redevelopment Project (DRP) is expected to start in the coming days, with DPR finally receiving the commencement certificate (CC) for the 6.4-acre railway land rehab portion of the Dharavi redevelopment project, said SVR Srinivas, the Chief Executive Officer (CEO) of the Dharavi Redevelopment Project (DRP). Construction work on the Dharavi Redevelopment Project...