Malhotra has over two decades of experience across the entire real estate value chain, said the company
According to a GNIDA official, 10 builder plots had been put for sale. However, only one plot – GH-128 – elicited investor interest.
The apartments with a carpet area of 1,250 square feet (sq ft) are on 10 floors with 12 apartments on each floor. The complex has 132 parking slots with two EV charging units.
According to Propstack, the total monthly rent will come to Rs 3.35 crore
The duplex apartments, located in Sector 135, have a super area of 1,937 sq ft.
The decision to charge Rs 2.5 lakh as construction cost will not burden slum dwellers as they will now receive assistance from the Pradhan Mantri Awas Yojana scheme. It is expected to benefit over 1 million families residing in slums, say officials. The move comes ahead of the civic, Lok Sabha and state elections next year.
The company plans to generate a rental income of Rs 800-1,200 crore just from Bengaluru within five years. The idea is to develop about 40 msf of office space, across six cities, with an annual rental yield of Rs 3,000 crore within five years, says CEO Juggy Marwaha
To push sales, real estate developers are cutting prices but the Chinese government is penalising those who are announcing sharp cuts for fear of it disturbing the market and spreading the crisis to banks
The top three things to look for are location, location, and location. But amenities, demographics, maintenance, and of course, one’s own expectations, play a significant role. Good luck.
According to a Motilal Oswal report, it has the potential to generate annual rents of Rs 250 crore
The company plans to complete the design work of the remaining phases by the end of this year, and may launch the third phase at the beginning of next year.
The injunction came after a floor of the developer’s Paradiso project collapsed onto lower storeys, killing two and rendering the apartment complex unsafe
The ground-plus-three property in Vasant Vihar was sold by Poonam Juneja, wife of Ramesh Juneja, chairman of Mankind Pharma, and bought by Dhruv Malhotra, Dakhsh Malhotra and Ranjana Malhotra of Everest Pressure and Vacuum Systems.
Post-pandemic acceptability, unprecedented highway and infrastructure growth has pushed a host of end-user consumers and real estate developers to move confidently to the hinterland.
Yields in India’s office and retail property markets are attractive, driving global investors into the sector
Issues that were discussed at the meeting included the logjam over unpaid dues to the authorities, permission not be granted by the respective authority to mortgage properties and delays in issuing occupation certificates, among others.
The Authority has been focusing on providing affordable housing to those belonging to the low-income group and economically weaker sections.
The company is optimistic about prospects for the housing sector, led by the aspirations of home ownership by end-users.
Smaller real estate investment trusts is a good idea for investors and the market, but less onerous compliance please needed. An elephant in the room needs to be addressed too
Noida Flat Registry - Though the approval has been given for the registry of these flats, the buyers are deprived of ownership rights as builders are not getting these registries executed.
According to a statement, the project named 'Divine City' is to be developed in three phases with an aggregate saleable area of 3.2 million square feet.
There are pending issues over buyers’ unpaid dues and the utilisation of unused floor area ratio
From its pipeline of projects, the company is projecting Gross Development Value (GDV) of Rs 35,103 crore.
KRERA asked the developer Sobha Limited to make available to the homebuyers the bank accounts of the advance maintenance charges collected and spent.
It has nearly tripled from 24.8 million sq ft as on March 31, 2019, to 74.4 million sq ft as on March 31, 2023. Listed REITs hold around 10 percent of current Grade A office stock