MCHI-CREDAI, an apex body of real estate developers, had filed an interim application with the Supreme Court seeking clarification.
Spread across 30 acres, the project will have approximately 1,800 super luxury residences comprising 3,4,5 BHKs and duplex penthouses ranging from approximately Rs 4 crore to Rs 12 crore.
In the festive season, property registrations in Mumbai rose over 4 percent in November compared to October, but were down by 16 percent in the last six months
Developers say a one-time settlement scheme should be introduced as in Haryana to settle dues, while industry body CREDAI argues that steps to realise dues at higher rates can lead developers to the NCLT
Health is a very important issue and cannot be neglected. So, developers should come up with solutions supported by research, which when adopted will not lead to higher levels of pollution.
Chairman stresses that the NAREDCO should form an expert and core group and study the Act in an objective manner and find out what needs to be changed in the legislation.
Real estate summit, Brigade Reap, in Bengaluru sparked several debates on the need for an accessible data-exchange platform, and weather-mapped tech in the construction sector. Additionally, the panelists urged for a streamlined C&D waste recycling model.
The Maharashtra government aims to finish the project in the next 17 years and complete rehabilitation in the next seven years.
A separate electricity connection for charging EVs is aimed at enhancing the EV adoption rate in Mumbai, where private vehicles rely on home chargers for up to 80% of their needs
Metro cities of Bengaluru, Delhi National Capital Region and Mumbai are top startup destinations in India followed by cities such as Chennai, Pune, Hyderabad and Kolkata, the report stated.
Bengaluru registered a maximum total leased REIT area of 27.8 million square feet (msf). While Noida recorded the highest percentage growth of 60.81 percent YoY.
The builder is said to have revised the project plan in 2019 without seeking mandatory consent from flat owners.
Motilal Oswal Alternates, the investments arm of Motilal Oswal Group, has committed Rs 450 crore to Shapoorji Pallonji Real Estate. The investment has been made against two projects.
BBMP said the department has removed more than 2,000 encroachments in Bengaluru and is currently looking at more demolitions in the KR Puram and Mahadevapura areas.
The projects are mostly in the affordable residential housing segment, with the unit price varying between Rs 30 lakh and Rs 60 lakh.
REITs give you the benefits of commercial real estate investing without its headaches
Housing sales in Gurugram stood at 7,725 units in the year-ago period.
In this episode of The Tenant we take you to India's largest Muslim ghetto. The Tenant in this episode lives in one of the most premium projects of a neighbourhood dominated by illegal buildings. Why does the largest Muslim ghetto of India get a notorious reputation? Our Tenant says its numerous problems are not different from most suburban locations. Watch the full episode!
The SWAMIH fund has approved Rs 207 crore for completion of the stalled project. The funds will help pave the way for the time-bound delivery of 1,000 flats in the project.
The jump in rentals is higher in prime localities such as Defence Colony, Greater Kailash-2 in Delhi, localities around the Dwarka Expressway and Golf Course Road in Gurugram and sectors located around the Noida-Greater Noida Expressway and Central Noida, which includes sectors such as 50, 51, 78 and 76.
The acquisition has helped the company to secure two delayed projects in Bengaluru and will allow Shriram Properties to develop 0.65 million square feet (msf) with potential revenue of Rs 400 crore
Bengaluru is seeing rising instances of landlords increasing rents in the middle of the contract period. However, lawyers say they cannot do so and even cannot mention the hike percentage for renewal of the contract.
The Authority will take over both the plots — located in Greater Noida’s Sector Pi — and allot them afresh.
The facility houses 300 desks and offers several “world-class” amenities and claims its premium workspace experience makes it different from its other co-working units
This is Jagdish Chand Chaudhry’s third property purchase in the capital since last year.