BUSINESS
Govt to launch interest subvention scheme for home loans soon: Hardeep Puri
Puri also said that more than 6.4 lakh sites have been adopted across the country as part of a nationwide cleanliness drive on October 1, responding to Prime Minister Narendra Modi's appeal for "one hour of shramdaan for swachhata".
BUSINESS
IndoSpace plans to double its industrial real estate and logistics parks portfolio to 58 mn sq ft by 2028
The company plans to invest $1 billion to acquire warehousing assets over three years to construct an additional 22 million sq ft
BUSINESS
Indore bags Best Smart City spot at National Smart Cities Conclave 2023
Madhya Pradesh was adjudged the Best State in India, followed by Tamil Nadu.
BUSINESS
All about Sumitomo Realty’s land deals and their impact on Mumbai’s commercial real estate market
Sumitomo Corporation had won the bid for the two neighbouring plots in 2019 but the deal has been finalised now.
BUSINESS
Oberoi Realty’s Commerz III looking to close remaining 2.4 mn sq ft of commercial space in next 2-3 years: CEO
Oberoi Realty has been receiving enquiries from flex space companies, pharma, technology firms and education firms among others and expects good demand. It will also consider foraying into Delhi if there is a good opportunity.
BUSINESS
All that you need to know about Dubai’s newly launched Jebel Ali luxury villas project
Buyers are of late flocking to the Dubai real estate market on account of factors such as infrastructure, safety and investments giving good returns in two to three years, said a Dubai-based property consultant.
BUSINESS
Bafna Motors sells four-acre land parcel in Navi Mumbai for Rs 146 crore
The leasehold land has been sold to Greenscape IT Park LLP, the Agreement for Assignment document showed
BUSINESS
Public issue to help strengthen Signature Global’s foothold in Gurugram market: Chairman
“Our company, which is a pioneer in the affordable housing segment in Gurugram, has now shifted focus to the mid-income housing segment as demand for branded developers in this segment has increased and there are barely any developers in this segment,” says Pradeep Aggarwal.
BUSINESS
Fall in India's headline retail inflation augurs well for real estate sector: Experts
This gives some wiggle room for the RBI to keep interest rates unchanged and maintain a wait-and-watch policy at its October meeting.
BUSINESS
Should you buy or rent a property?
The answer hinges on one’s budget and the availability of ready finance.
BUSINESS
Retail space stock across the country witnesses 2% fall: JLL
Existing retail stock across the top seven cities offers a potential of around 43-44 million sq ft of REIT-worthy retail assets.
BUSINESS
Nearly 60% homebuyers prefer mid-range & premium homes despite price hike: ANAROCK survey
The survey found that homes priced Rs 45 to 90 lakh are most favoured by 35 percent of the homebuyers, while 24 percent prefer homes in the range of Rs 90 lakh to Rs 1.5 crore
REAL-ESTATE
Amitabh Bachchan, Kartik Aryan and Sarah Ali Khan buy commercial properties in Andheri, Mumbai
All the properties are located in Signature Building, off Veera Desai Road, Andheri West. Moneycontrol had earlier reported that actress Kajol has bought commercial space in the same building.
REAL-ESTATE
G20 | International events should trigger creation of more ‘national real estate assets’: Urban design experts
These real estate assets should be created in cities other than the national capital. Proper plans should in place for their long-term use so that these venues do not turn into white elephants for the host city, they said.
BUSINESS
DLF lines up Rs 20,000 crore residential launch pipeline across the country
Among the launches include two projects in Gurgaon, with an upcoming super-luxury residential project in DLF 5, a high-rise luxury residential development in Chennai, and a residential low-rise in Chandigarh Tri-city.
BUSINESS
Venture capitalist Rajat Khare acquires property in Delhi for Rs 76 cr
The sale deed also shows that a stamp duty of Rs 3.8 crore has been paid on the deal. An email has been sent to Vijay Khare, whose coordinates are mentioned in the sale deed.
BUSINESS
DLF eyes Rs 400 crore in revenue from newly launched 92 independent floors in Gurugram
These are of sizes ranging from 2400 to 3100 sq ft, company’s joint managing director and chief business officer Aakash Ohri said.
BUSINESS
Delhi RERA makes it compulsory to register commercial and retail real estate projects being built to lease
Authority chairman Anand Kumar told Moneycontrol that this was not a new rule. “We have merely clarified the issue as several people who were leasing properties were not registering the lease with us," he said
BUSINESS
Anant Raj starts data centre business; to invest Rs 10,000 crore in 4-5 years
A 3 MW facility in Manesar has become operational and another 3 MW will be added in three months.
BUSINESS
Details of new home loan scheme to be unveiled by September
During his Independence Day speech, Prime Minister Narendra Modi had announced the scheme for middle-class families residing in rented accommodation, chawls or tenements and illegal colonies in cities.
BUSINESS
Defaulting builders should not get three-year blanket extension to complete stalled projects: Homebuyers' body
Builders whose projects are stalled or delayed for more than two years should be blacklisted and barred from launching new projects in future, FPCE’s president said in a letter to housing and urban affairs minister Hardeep Puri
BUSINESS
Bungalow in Delhi’s Nizamuddin area sold for Rs 62 crore
The total built-up area of the bungalow is 10,000 sq ft and comprises ground, first and second floors
BUSINESS
Haryana allows registration of independent floors as commercial units in licensed colonies
The decision will lead to increased demand from professionals who can now own their office spaces or business locations, experts said.
BUSINESS
Kajol buys office space in Mumbai for Rs 7.64 crore
The office space is spread across a RERA carpet area of 194.67 sq m
