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  • Year Ender 2023: Top 10 luxury home deals reported in India in 2023 December 28, 2023 09:03 AM IST

    Year Ender 2023: Top 10 luxury home deals reported in India in 2023

    India real estate: Several high net-worth individuals bought and sold luxury homes in 2023, ranging from as low as Rs 20 crore to over Rs 1,200 crore in three major real estate markets of Mumbai, Delhi-NCR and Bengaluru.

  • Stuck housing projects: Noida, Greater Noida Authorities roll out rehabilitation package, registries to start in 3 months December 27, 2023 03:43 PM IST

    Stuck housing projects: Noida, Greater Noida Authorities roll out rehabilitation package, registries to start in 3 months

    The rehabilitation package was recommended by the Amitabh Kant panel set up for the purpose and will benefit homeowners of close to 1.2 lakh units that have been given for possession but not registered. Once builders pay the initial 25 percent, the authorities will allow registries of flats that have been delivered but are yet to receive OCs.

  • Dubai’s red-hot property market is bracing for a slowdown December 27, 2023 01:38 PM IST

    Dubai’s red-hot property market is bracing for a slowdown

    The Egyptian couple, who spent eight years renting in the emirate, are selling their two-bedroom apartment in the Jumeirah Village Circle district on the edge of Dubai for a 26% premium over the 1.7 million dirhams ($460,000) they paid for the property in March.

  • Real estate space sizzles with surging demand, soaring sales; rush for properties to continue in 2024 December 27, 2023 11:49 AM IST

    Real estate space sizzles with surging demand, soaring sales; rush for properties to continue in 2024

    Market experts strongly believe the demand will not only sustain in 2024 but rise further, albeit at a slower pace, on high economic growth and expectations of a fall in home loan interest rate.

  • Short Call | Realty on outreach overdrive; Castrol on smooth climb, Nerolac in green, UP powers BEL, Adani Wilmar in focus December 27, 2023 09:17 AM IST

    Short Call | Realty on outreach overdrive; Castrol on smooth climb, Nerolac in green, UP powers BEL, Adani Wilmar in focus

    To capture the growing demand, real estate players with regional strongholds are on an expansion overdrive

  • Kansai Nerolac Paints to sell Mumbai land parcel to Runwal Group arm for Rs 726 crore December 26, 2023 08:50 PM IST

    Kansai Nerolac Paints to sell Mumbai land parcel to Runwal Group arm for Rs 726 crore

    The land parcel, which is located in one of Mumbai's prime area Lower Parel, would be sold to Aethon Developers, an arm of Runwal Developers, as per a regulatory filing

  • UP govt extends last date of bid submission for Fintech Park in Noida to Jan 2 December 26, 2023 05:06 PM IST

    UP govt extends last date of bid submission for Fintech Park in Noida to Jan 2

    The park is likely to be developed on a 100-acre land parcel located close to Yamuna Expressway

  • DLF to launch luxury housing project in Gurugram with apartments starting from Rs 7-8 crore December 26, 2023 01:32 PM IST

    DLF to launch luxury housing project in Gurugram with apartments starting from Rs 7-8 crore

    The project will be launched in January 2024 with a top line of Rs 10,000 crore, say industry sources.

  • 'Go back to Pakistan': Indian-origin man told by squatters who took over his New York home December 26, 2023 03:35 PM IST

    'Go back to Pakistan': Indian-origin man told by squatters who took over his New York home

    'It feels like a Christmas Miracle, I can’t believe it,' said home owner Bobby Chawla after the squatters vacated by December 25.

  • Office gross leasing absorption at 62.3 mn sqft, Bengaluru and Delhi-NCR at top: Report December 26, 2023 12:25 PM IST

    Office gross leasing absorption at 62.3 mn sqft, Bengaluru and Delhi-NCR at top: Report

    Mumbai's real estate market saw record leasing activity at 10.1 mn sqft owing to large transactions by tech and consulting occupiers. The gross absorption increased by 51 percent compared to 2022, the report said.

  • Godrej Properties sells more than 600 flats for Rs 2,600 crore in Gurugram December 26, 2023 10:02 AM IST

    Godrej Properties sells more than 600 flats for Rs 2,600 crore in Gurugram

    In a regulatory filing, the company said it has "sold inventory worth over Rs 2,600 crore in its project Godrej Aristocrat, located in Sector 49 on Golf Course Extension Road, Gurugram. "

  • Year Ender 2023: Luxury property sales rise in Mumbai, Rs 3-7 crore sweet spot for homebuyers December 26, 2023 05:15 PM IST

    Year Ender 2023: Luxury property sales rise in Mumbai, Rs 3-7 crore sweet spot for homebuyers

    Mumbai real estate: It is expected that Mumbai’s total revenue collections from property sales will grow by 22 to 25 percent in 2023. Sales in 2024 are expected to remain on a similar trajectory, albeit the growth may be moderated.

  • Mumbai man remarries at 70, wife sells his flat, pockets Rs 3.5 crore: Report December 27, 2023 01:59 PM IST

    Mumbai man remarries at 70, wife sells his flat, pockets Rs 3.5 crore: Report

    The complainant works in the production of television serials in Mumbai and had met the accused Renu Singh in 2016. They soon entered into a relationship and got married in 2019.

  • The Andheri fitness pro trying to escape middle-class trap | The Tenant December 24, 2023 10:08 AM IST

    The Andheri fitness pro trying to escape middle-class trap | The Tenant

    In this episode, meet the tenant of a 700 sq ft 2BHK apartment who broke free from the middle-class cycle through entrepreneurship. Discover their dedication to fitness, love for their Andheri West home, and the challenges they've faced, including a significant entrepreneurial setback of nearly INR 1 crore. Learn about their future plans for family, meticulous food habits, and aspirations for homeownership amidst their biggest challenge: the absence of governance.

  • CAQM bans construction work in Delhi-NCR, builders worry about project delay December 22, 2023 10:00 PM IST

    CAQM bans construction work in Delhi-NCR, builders worry about project delay

    Real estate developers said the ban will cause a delay in delivery of projects, and impact homebuyers. They said that a one-month ban on construction, delays a project by at least two to three months.

  • India’s data centre capability set to exceed 1 GW mark in 2024; Noida to emerge as key hub: Report December 22, 2023 03:40 PM IST

    India’s data centre capability set to exceed 1 GW mark in 2024; Noida to emerge as key hub: Report

    Rollout of 5G services, global hyperscalers expanding their captive facilities and entry of new operators in India will ensure growth momentum, says Cushman and Wakefield report.

  • Eviction notice for Signature View Apartment residents December 22, 2023 12:17 PM IST

    Eviction notice for Signature View Apartment residents

    Built in 2007-09 with 336 with Middle-Income Group (MIG) and High-Income Group (HIG) flats, the apartment complex has some construction issues and the Delhi Development Authority has decided to demolish it.

  • MakeMyTrip CEO and Genpact CHRO seal multi-crore luxury apartment deals in Gurugram's DLF Magnolias December 21, 2023 05:33 PM IST

    MakeMyTrip CEO and Genpact CHRO seal multi-crore luxury apartment deals in Gurugram's DLF Magnolias

    The apartments were bought for Rs 33 crore and Rs 32.60 crore and come with three parking spaces each.

  • Nagpur’s MIHAN-SEZ asks DLF to return allotted 140 acres over failure to begin work 15 years on December 21, 2023 12:29 PM IST

    Nagpur’s MIHAN-SEZ asks DLF to return allotted 140 acres over failure to begin work 15 years on

    Nagpur real estate news: MIHAN-SEZ authorities said they are still open to facilitating the project provided DLF furnishes solid plans for project development.

  • Why South Bengaluru's isolated haven Kanakapura Road is now looking at property price hikes December 21, 2023 01:53 PM IST

    Why South Bengaluru's isolated haven Kanakapura Road is now looking at property price hikes

    Local brokers estimate that the way things are going, prices in the area are likely to rise by at least 15-20 percent.

  • DLF launches commercial in Gurugram, low-rise township in Panchkula; aims revenue of Rs 1,400 cr December 20, 2023 04:36 PM IST

    DLF launches commercial in Gurugram, low-rise township in Panchkula; aims revenue of Rs 1,400 cr

    The Gurugram project “Central 67” is a commercial plotted development having shop-cum-office plots spread across 8.6 acres in Sector 67, while the low-rise township “The Valley Orchard” in Panchkula is spread across 15.83 acres

  • MC Explains | How over 2 lakh homebuyers benefit from UP nod to Kant panel suggestions December 20, 2023 04:06 PM IST

    MC Explains | How over 2 lakh homebuyers benefit from UP nod to Kant panel suggestions

    Experts say that the zero period waiver on interest and penalties imposed on developers for financial defaults is also a positive development for various stakeholders in the NCR real estate sector.

  • Welspun One to build Rs 700-crore industrial, logistics hub at JNPA December 20, 2023 12:34 PM IST

    Welspun One to build Rs 700-crore industrial, logistics hub at JNPA

    This is the second deployment from Welspun Ones’ latest Fund 2, a Rs 2,000 crore Alternative Investment Fund, the company has said

  • From flood compensation to parking rules: Karnataka RERA’s top five game-changing orders for Bengaluru in 2023 December 20, 2023 10:59 AM IST

    From flood compensation to parking rules: Karnataka RERA’s top five game-changing orders for Bengaluru in 2023

    Here are the top 5 KRERA orders of 2023, including the liability of the developer for damage during flooding and taking possession without OC, which will leave a huge impact on the sector.

  • Stuck housing projects: UP Cabinet approves recommendations of Amitabh Kant committee December 19, 2023 04:23 PM IST

    Stuck housing projects: UP Cabinet approves recommendations of Amitabh Kant committee

    The recommendations comprise a slew of relaxations for developers, including a zero-period to waive interest and penalties imposed for financial default, officials aware of the matter said