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  • Supreme Court clarifies ESZ boundaries of Tungareshwar Sanctuary, paves way for stuck real estate projects Nov 30, 2022 09:48 PM IST

    Supreme Court clarifies ESZ boundaries of Tungareshwar Sanctuary, paves way for stuck real estate projects

    MCHI-CREDAI, an apex body of real estate developers, had filed an interim application with the Supreme Court seeking clarification.

  • Elan Group launches its first super luxury residential project near Dwarka Expressway, to invest Rs 4,000 crore Nov 30, 2022 06:58 PM IST

    Elan Group launches its first super luxury residential project near Dwarka Expressway, to invest Rs 4,000 crore

    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.

  • Festive offers boost property registrations in November: Maharashtra IGR data Nov 30, 2022 06:18 PM IST

    Festive offers boost property registrations in November: Maharashtra IGR data

    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

  • Builders say implementing SC order may delay registration of 1.5 lakh homes in Noida, Greater Noida; one-time settlement of dues sought Nov 30, 2022 05:59 PM IST

    Builders say implementing SC order may delay registration of 1.5 lakh homes in Noida, Greater Noida; one-time settlement of dues sought

    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

  • HSPCB chief to NAREDCO: Suggest norms to obviate omnibus ban on construction activities Nov 29, 2022 09:53 PM IST

    HSPCB chief to NAREDCO: Suggest norms to obviate omnibus ban on construction activities

    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.

  • Haryana RERA asks developers to seek upgradation in RERA Act Nov 29, 2022 09:07 PM IST

    Haryana RERA asks developers to seek upgradation in RERA Act

    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.

  • Sustainability, tech needed in construction sector to achieve net-zero by 2070: Housing Minister HS Puri Nov 29, 2022 08:13 PM IST

    Sustainability, tech needed in construction sector to achieve net-zero by 2070: Housing Minister HS Puri

    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.

  • Adani Group clinches Dharavi redevelopment project with Rs 5,069-crore bid Nov 29, 2022 04:25 PM IST

    Adani Group clinches Dharavi redevelopment project with Rs 5,069-crore bid

    The Maharashtra government aims to finish the project in the next 17 years and complete rehabilitation in the next seven years.

  • Maharashtra authorities ask housing societies to issue NOCs for installation of EV charging points within 7 days Nov 29, 2022 04:17 PM IST

    Maharashtra authorities ask housing societies to issue NOCs for installation of EV charging points within 7 days

    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

  • Startups to account for 30% of gross office leasing activity in 2022: Report Nov 28, 2022 10:18 PM IST

    Startups to account for 30% of gross office leasing activity in 2022: Report

    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.

  • REITs grew nearly 7% in India, some delivered 8% annual returns: Report Nov 28, 2022 09:46 PM IST

    REITs grew nearly 7% in India, some delivered 8% annual returns: Report

    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.

  • Gurugram complex owners claim no access to facilities, developer denies charge Nov 28, 2022 08:05 PM IST

    Gurugram complex owners claim no access to facilities, developer denies charge

    The builder is said to have revised the project plan in 2019 without seeking mandatory consent from flat owners.

  • Shapoorji Pallonji Real Estate raises Rs 450 crore from Motilal Oswal for 2 projects Nov 28, 2022 04:04 PM IST

    Shapoorji Pallonji Real Estate raises Rs 450 crore from Motilal Oswal for 2 projects

    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.

  • Apartment owners cannot assemble to obstruct demolition drives: Karnataka HC Nov 28, 2022 03:48 PM IST

    Apartment owners cannot assemble to obstruct demolition drives: Karnataka HC

    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.

  • MahaRERA revokes registration of 15 real estate projects near Mumbai for 'fabricating documents' Nov 28, 2022 02:56 PM IST

    MahaRERA revokes registration of 15 real estate projects near Mumbai for 'fabricating documents'

    The projects are mostly in the affordable residential housing segment, with the unit price varying between Rs 30 lakh and Rs 60 lakh.

  • Why REITs are an optimal route to invest in real estate Nov 28, 2022 10:45 AM IST

    Why REITs are an optimal route to invest in real estate

    REITs give you the benefits of commercial real estate investing without its headaches 

  • Housing sales in Gurugram jump over 3-fold to 24,482 units during Jan-Sep Nov 27, 2022 12:19 PM IST

    Housing sales in Gurugram jump over 3-fold to 24,482 units during Jan-Sep

    Housing sales in Gurugram stood at 7,725 units in the year-ago period.

  • The Tenant | Living in India's largest Muslim ghetto Nov 27, 2022 09:10 AM IST

    The Tenant | Living in India's largest Muslim ghetto

    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!

  • Eco Green Buildtech housing project in Greater Noida receives Rs 41 crore under SWAMIH fund Nov 26, 2022 09:15 PM IST

    Eco Green Buildtech housing project in Greater Noida receives Rs 41 crore under SWAMIH fund

    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.

  • Rentals of residential spaces up by 20-25 percent in Delhi-NCR Nov 26, 2022 08:02 AM IST

    Rentals of residential spaces up by 20-25 percent in Delhi-NCR

    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.

  • Shriram Properties acquires Suvilas Realties, two delayed projects in Bengaluru Nov 25, 2022 05:51 PM IST

    Shriram Properties acquires Suvilas Realties, two delayed projects in Bengaluru

    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

  • MC Explains | Can apartment owners arbitrarily hike rent in 11-month rental period? Nov 25, 2022 07:51 AM IST

    MC Explains | Can apartment owners arbitrarily hike rent in 11-month rental period?

    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.

  • Dues unpaid, project not completed: Greater Noida Authority cancels two plots of Parsvanath Developers Nov 24, 2022 08:42 PM IST

    Dues unpaid, project not completed: Greater Noida Authority cancels two plots of Parsvanath Developers

    The Authority will take over both the plots — located in Greater Noida’s Sector Pi — and allot them afresh.

  • Co-working community 91Springboard launches its first Platinum Hub in Gurugram Nov 24, 2022 07:45 PM IST

    Co-working community 91Springboard launches its first Platinum Hub in Gurugram

    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

  • Founder of Byju’s-owned Akash Educational Services buys property in south Delhi for Rs 51 crore Nov 24, 2022 07:21 PM IST

    Founder of Byju’s-owned Akash Educational Services buys property in south Delhi for Rs 51 crore

    This is Jagdish Chand Chaudhry’s third property purchase in the capital since last year.