Land

The company plans to commercially develop part of its Mysore Sandal Soap Factory premises in Malleshwaram West through a PPP model.

MC India Web 3.0: Real estate sector needs to build trust, consolidation before tokenisation, say experts

In his remarks, Niranjan Hiranandani said that investments in real estate and land, which is expected to be democratised through the use of blockchain, tokenised land, and decentralised records, are seen increasing significantly over the next few years

KWIN, SWIFT, AI & Quantum City: Are Bengaluru’s satellite towns futuristic hubs or real estate frontiers?

Karnataka has unveiled ambitious plans to develop a series of futuristic cities - KWIN City, SWIFT City, AI City, and Quantum City - to decongest Bengaluru, attract investments, and create jobs. However, farmers are opposing the land acquisition, alleging it is meant to inflate real estate prices.

Sold your house, land, or industrial property? Nine income tax sections can help save on capital gains tax

Nine different sections of the Income Tax Act allow property sellers to reinvest gains and cut down capital gains tax significantly.

Welspun One expands Bengaluru land bank with 107-acre acquisition

The company acquired 51 acres in East Bengaluru’s Hoskote and 56 acres in Devanahalli, taking its land bank in south to 260 acres

What you need to know before buying land as an investment

Land is a long-term great investment when properly planned, but faulty planning can lead to costly mistakes.

Godrej Properties acquires around 50 acres of land in Raipur

According to an official release, the development on this land will primarily comprise premium plotted residential units and will offer an estimated saleable area of around 9.5 lakh square feet.

Maharashtra govt to issue tenders for development of 3,360 acres of transport body land

State transport minister Pratap Sarnaik, speaking at NAREDCO's NextGen conclave in Mumbai, added that the eminent architect Hafeez Contractor has been roped in to develop the plan to develop the land bank belonging to MSRTC

Defunct PSU land at Byappanahalli in Bengaluru set to get a tree park makeover, work order issued

The Karnataka Industrial Areas Development Board plans to develop the 70-acre park in two phases. A work order — amounting to Rs 10.9 crore — for developing 15 acres in the first phase has been awarded to a construction firm, according to officials.

Mahindra Lifespace signs joint development pact for 37-acre Bhandup land, plans mixed-use project

The plot will have a development potential of around 3.6 million square feet, according to Mahindra Lifespace Developers

Micro Labs buys 3-acre plot in Bengaluru for Rs 111 cr, one of the city's most expensive deals

The seller in this deal has been identified as Anushka Constructions, with the agreement being registered on October 5. Micro Labs paid Rs 6.22 crore as stamp duty for the purchase, according to property registration documents

Developer Runwal acquires 4 acre land parcel in Kanjurmarg for Rs 232 cr

Runwal said that the land parcel will be used for a residential and commercial project.

Choppers, rovers, and drones to be deployed for Karnataka's comprehensive digital land survey

While Karnataka plans to complete the digital land survey within two-three years, it plans to digitise all land records by March 2025.

This Mumbai resident moved from being an unhappy owner to becoming a happy tenant

In this episode of The Tenant, a resident of Malad West, moved from being an unhappy owner to becoming a happy tenant. Watch his journey of selling his own house and embracing tenancy of a 1BHK House witj a rent of Rs 31,000 in Mumbai.

Godrej Properties acquires 109-acre land parcel in Nagpur

The development on this land will comprise primarily plotted residential units and will offer an estimated saleable area of 2.2 million square feet, Godrej Properties said in a regulatory filing.

India's first offshore wind projects to come up across Tamil Nadu coast

The government has made the National Institute of Wind Energy (NIWE) the nodal agency for offshore wind projects

Oberoi Realty to redevelop land in Mumbai’s Tardeo area

The company expects this project to generate a free sale component of around 2.5 lakh sq ft.

India would require $15 trillion to achieve net-zero by 2070: FICCI-Deloitte report

India faces challenges related to the availability of resource-rich sites and land for deploying more than 2,000 GW of grid-scale renewable energy and an additional 1,000 GW for green hydrogen, raising concerns about land acquisition, the report said.

CIL’s capex grows 8.5% to Rs 4,700 crore in April-July of FY24

Land was the major expenditure head at Rs 1,311 crore, accounting for 28 percent of the total capex spend in the April-July period.

HDFC Ltd sells Mumbai land to Lodha for Rs 70 crore to recover dues from borrower

HDFC has sold a portion of land admeasuring 27792 sqmt to Macrotech Developer to recover the loan under SARFAESI Act, the documents showed.

MC Explains: This is why land deals are the flavour of the season

With robust residential sales that is expected to continue in 2023, developers are adding on to their land parcels. They are also encouraged by expected easing of interest rates, fair prices of land, and support from institutional funding agencies. 

Why are real estate developers launching plotted developments?

For developers, plotted development helps liquidate land banks to raise working capital. These projects require minimal capital investment, limited project execution risks and faster exit opportunities.

Peninsula Land reports Rs 101 crore profit, revenue up by 130%

The consolidated debt of the company stands reduced to Rs 424 crore against a peak of Rs 2,373 crore on March 31, 2019.

Rs 2,000 note withdrawal: Real estate experts see rise in land, secondary deals in cash

Real estate experts point out that unlike demonetization in 2016 when the impact was greater as sales were slow and the market was struggling, this time round it may be limited to the secondary market or land deals in peripheral locations.

Land transactions at all-time high, but clear titles remain a challenge

Over the past three years, a reasonable amount of digitisation of land records has taken place. After the introduction of RERA, requirements by lenders have become more stringent. The act mandates that builders upload land title records.