BUSINESS
Byju’s leases office space in Mumbai for Rs 13.9 lakh per month for five years
The mass vaccination drive and unlocking of the economy have aided in the revival of the office market.
BUSINESS
Salman Khan renews rent agreement for Bandra duplex at Rs 8.25 lakh a month
The lease agreement was registered on August 30, 2021 but commenced on March 1, 2020 and is for three years
BUSINESS
Why independent floors are staging a comeback this festive season
Homebuyers see this asset class as a low capital investment with limited project execution risks and quick possession. For developers, it is a means to generate quick cash flows.
BUSINESS
Real estate firm buys office buildings in Hyderabad for Rs 247.5 crore
Purchases by Aparna Constructions one of the largest commercial deals in recent times.
BUSINESS
Rs 1,57,339,00,00,000: Taxpayer’s bill for Air India 2010-21
The amount realisable from Air India’s residual assets following the handover of the airline to the Tatas is unlikely to be higher than their book value, according to experts
BUSINESS
NCR Planning Board approves draft regional plan 2041 with modifications; to be finalised by March 2022
The approved draft plan will be made public soon for comments
BUSINESS
Cabinet approves AMRUT 2.0 and Swachh Bharat Mission (Urban) 2.0 until 2025-26
Total indicative outlay for AMRUT 2.0 is ₹ 2,77,000 crore and SBM 2.0 is ₹1,41,600 crore
BUSINESS
Will creation of subcategories enable properties in Delhi to be valued at realistic prices?
Experts say that while this may reduce corporation tax collections on sale of properties due to the lower rate at which properties would be taxed, the number of transactions may increase bringing in more revenue to the exchequer.
BUSINESS
Former Andhra CM Kiran Kumar Reddy buys Rs 11-crore bungalow in Hyderabad
The 1,747-square yard Banjara Hill property, with a built-up area of 2,877 sq ft, was sold by Sable Property Holdings Pvt Ltd
BUSINESS
Urban Missions are important components of our response to climate change: Hardeep Puri
Puri was addressing an event to mark the UN World Habitat Day 2021 on the theme ‘Accelerating Urban Action for a Carbon-free World.’
BUSINESS
Amitabh and Abhishek Bachchan rent property to SBI for Rs 18.9 lakh per month
The property leased to SBI is spread over 3,150 sq ft and the rent will rise by 25% every five years
BUSINESS
Realty experts upbeat over RBI stand as low rates may foster housing demand
This is the eighth time in a row that the Reserve Bank of India (RBI) has decided to keep the benchmark interest rate unchanged at 4 per cent
BUSINESS
Ekta Kapoor rents out property for Rs 2.7 lakh per month in Mumbai
The apartment on the fourth floor of a building in Juhu, known as Krishna 2 (Ekta House), has been rented to M Baria Developers. A security deposit of Rs 10 lakh was paid for the transaction. The unit has been leased for 24 months from April 11, 2020, and there is a lock-in period of 12 months.
BUSINESS
Exclusive | Raymond Realty to invest Rs 700 crore on 1 million sq. ft commercial project in Thane
Construction of the commercial project is expected to begin in March 2022 and it is expected to be operational by 2026
BUSINESS
Unitech case: Supreme Court orders probe into collusion of Tihar jail officials with former promoters
It also directed that the Tihar officials be suspended, pending proceedings against whom cases will be lodged as per the report submitted by Delhi Police Commissioner Rakesh Asthana in a sealed cover.
BUSINESS
Walt Disney India head rents apartment in Mumbai for Rs 11.5 lakh per month
The fully furnished serviced apartment located on the ninth floor of a posh building named Kubelisque in Pali Hill.
BUSINESS
Raymond Realty forays into commercial real estate, plans to launch premium residential units spread across 1 mn sq ft
Raymond Realty also plans to expand operations through joint development route beyond Thane region without land acquisition
BUSINESS
PM Modi inaugurates three-day urban conclave in Lucknow
PM Modi virtually handed over keys to 75,000 beneficiaries of Pradhan Mantri Awas Yojana in 75 districts of Uttar Pradesh
BUSINESS
Delhi High Court asks Supertech to pay Rs 40 lakh to homebuyer by October end
The court was informed that the total amount due to the homebuyer was around Rs 1.78 crore, out of which Rs 50 lakh has been paid to him following the court’s order dated September 24
BUSINESS
Supreme Court dismisses Supertech's plea seeking review of order to demolish twin 40-storey towers in Noida
The filing of applications styled as miscellaneous applications' or applications for clarifications in the guise for review cannot be countenanced, the apex court said
BUSINESS
SC asks Centre to frame model builder-buyer agreement for realty deals
SC says builder-buyer agreement important to protect homebuyers
BUSINESS
Supertech demolition case: SIT submits report, finds involvement of 26 officials; UP govt suspends three
The Uttar Pradesh government on October 3 has suspended three Noida Industrial Development Authority (NOIDA) officers over their role in illegal construction of Supertech’s two 40-storey towers in Noida
BUSINESS
Pawan Kalyan buys bungalow in Hyderabad’s Jubilee Hills for Rs 12 crore
Telugu actor Pawan Kalyan buys 6,350 sq ft property in posh Hyderabad area after paying stamp duty of Rs 66 lakh.
BUSINESS
PM Modi launches second phases of Swachh Bharat Mission-Urban, AMRUT
The second phase of the two flagship programmes is designed to make all Indain cities garbage-free and water-secure, Prime Minister Narendra Modi has said.
