Construction

A surge in demand for grade-A office spaces has led to the completion of 515 lakh sq ft of new office space supply across the top seven cities in 2024, according to a report by Vestian. A surge in demand for grade-A office spaces has led to the completion of 515 lakh sq ft of new office space supply across the top seven cities in 2024, according to a report by Vestian. (Representational...

Financial prudence suggests eliminating liabilities as soon as possible, and prepaying your home loan can be a wise move if you have surplus funds. However, the decision to prepay or retain a home loan also depends on the tax regime you choose. Prepayment is particularly beneficial for those nearing retirement, helping them clear liabilities before their income stream decreases, say personal...

South Delhi’s nearly 18,500 privately owned residential plots, valued at ₹5.65 lakh crore across 42 MCD-regulated colonies, present a significant opportunity for redevelopment projects in these upscale areas, a report by Delhi-based Golden Growth Fund, a Sebi-registered Alternate Investment Fund (AIF), has said. South Delhi’s nearly 18,500 privately owned residential plots, valued at...

The country’s commercial real estate sector is experiencing growing demand for certified green buildings. Tenants, particularly global capability centres (GCCs) and IT/IT-enabled services (ITeS) companies, which collectively account for 50-60% of net office leasing, are increasingly seeking sustainable, eco-friendly spaces. This shift is driven by rising environmental compliance requirements and...

Feb 26, 2025 09:06 AM IST Maharashtra CM Fadnavis waives interest on premium for self-redevelopment projects until March 2026, aiding housing societies in Mumbai and beyond. MUMBAI: Chief minister Devendra Fadnavis on Tuesday declared waiving off of the interest charged for paying premium in three years for self-redevelopment projects in Mumbai and other parts of the state. The...

Feb 26, 2025 11:34 AM IST Shah Rukh Khan is set to move out of Mannat with his family later this year, and may not be back for at least two years. Read to know why. Shah Rukh Khan's Mumbai bungalow, Mannat, has become a tourist attraction. Situated opposite the iconic Bandra Bandstand, the landmark bungalow sees hundreds of selfie-seeking fans every day and has housed the actor and his...

Feb 26, 2025 08:24 AM IST Bengaluru real estate: The land acquired by TVS Emerald has a development potential of 1.4 million sq ft and is located in Sathnur area TVS Emerald has purchased a 10-acre land parcel in Sathnur, Bengaluru. The acquisition has a development potential of 1.4 million sq ft and a revenue potential of ₹1600 crore, the company said on February 25. TVS...

In a rare ruling in favour of homebuyers, the Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Mumbai-based Ekta Parksville Homes Pvt Ltd, a part of Ekta World, to refund the amount homebuyers paid for their apartment. The refund will include interest from the date of payment, along with stamp duty, registration charges, pre-EMI, and home loan settlement charges paid to a leading...

(Bloomberg) -- Tens of thousands of Britons currently in the process of purchasing a home are on course to miss a key tax deadline, with some first-time buyers facing up to £11,250 ($14,226) in extra charges, according to a new report. Tens of thousands of Britons currently in the process of purchasing a home are on course to miss a key tax deadline, with some first-time buyers facing up to...

Pune's real estate market reported an 8% Year-on-Year (YoY) decline in property registrations, with 16,330 properties registered in January 2025, compared to 17,786 in the same period last year, according to data from the Maharashtra Inspector General of Registration (IGR). Pune's real estate market reported an 8% Year-on-Year (YoY) decline in property registrations, with 16,330 properties...