Bengaluru drops from 20th place to 27th despite home prices rising 2.2 percent year on year
The issue has come up in the ongoing insolvency of real estate firm Supertech and during the Umang Realtech case.
The property, part of the premium Yoo Pune project in Hadapsar, was leased out immediately, providing the actor with a rental income of INR 3.5 lakh per month
After a number of visits by demolition consultants at the site, Edifice Engineering had suggested the mechanical and manual demolition technique, involving machines, at Chintels Paradiso instead of a controlled implosion method, which was used in the demolition of Noida’s Supertech twin towers.
The temple draws inspiration from the majestic temples of Gujarat and Rajasthan. The temple has a single Shikhar (tower), is adorned with 18 pillars, has a 90-foot dome and a Garbhagriha entrance highlighted by Kalpavriksha.
In a trust-deficit market like Mumbai, selling under-construction projects is always a challenge, but the matter has been compounded with excessive competition and inflated prices.
In this episode of The Tenant, meet a family in Thane, residing in a 525 sq ft 2BHK apartment amidst the city's thriving gated community projects. With a family of four and a half, they chose Thane for its open spaces specially post-COVID, shifting from a cramped 440 sq ft home with 12 occupants. Despite Mumbai's allure, they prefer Thane, balancing work in the city with a comfortable home life. Tune in to watch their story
DLF, a prominent player in the real estate sector, emerged as the top donor with a contribution of Rs 180 crore, including donations from subsidiaries
Deutsche Bank India is auctioning the bungalow next to Amitabh Bachchan's bungalow. Jalsa. the in Juhu area of Mumbai at a reserve price of Rs 25 crore. The auction is scheduled for March 27.
The company is in talks to acquire 1 million square feet of mall space; outlines the strategic shift towards acquiring brownfield projects, while emphasising preparedness to swiftly integrate acquired malls into its structure.
Out of 656 flats being offered on discount, 445 are 2BHK MIG flats and 211 are 1BHK LIG apartments. The normal pricing of 2BHK flats located in Narela range between Rs 1 crore to Rs 1.02 crore while after discount these flats will be available in a price range of Rs 75 lakh to Rs 87 lakh.
The soaring rents if the last two years may taper off due to the new crisis, realtors say, and expect a significant dip in rentals of 10-15 percent.
An Anarock report said that coworking contributed 18 percent of total office supply in top 7 cities’ office leasing market in the current financial year. In terms of the new supply, 34 msf of fresh co-working stock has been added since 2017 till date across key coworking cities
The company said that the size of the land deal is Rs 735 crore. According to sources, the land is located near Madras Race Course and it can be used for the residential as well as mixed land use purposes.
Bandra micromarket is one of the hottest in the Mumbai real estate market, and also has reported several high value deals. The area, also known to house several Bollywood stars, is known for having property value as high as Rs 1.50 lakh per sqft
These will be all mid-segment and affordable category units which were launched in 2021-22 in Gurugram and Sohna. These projects have revenue recognition of Rs 11,000 crore.
Builders cannot "cleverly" get around the RERA regulations by registering each tower separately, the order said.
Yamuna Expressway Authority officials said that the land allotment rates were revised upwards because of increase in the cost inflation index. For residential plots the current allotment rate is Rs 24,600 per sq m which from April 1, 2024 will become Rs 25,900 per sq m while the allotment rates for group housing plots have been hiked to Rs 32,375 per sq m from existing Rs 30,750 per sq m.
The move comes after Haryana Real Estate Regulatory Authority (HARERA) made a recommendation to the secretary DFS to issue instruction to all banks to ensure compliance of RERA norms while allowing withdrawal of funds from RERA accounts by promotors of real estate projects.
Deutsche Bank has put the bungalow under auction with a reserve price of Rs 25 crore. The carpet area of the bungalow measures 1,164 sqft along with open space of 2,175 sqft.
The company expects to launch the first phase of the project within the next twelve months.
According to the RERA Act, MahaRERA is required to facilitate amicable conciliation of disputes between developers and homebuyers through dispute settlement forums set up by the consumer or promoter associations.
Developers say the new registration system has pushed up the registration charges for homebuyers upwards of 100 percent between March and December 2023.
Mumbai Coastal Road: The BMC is constructing the coastal road project and for which it required land for setting up casting yards and allied works.
Dwarka Expressway: Experts anticipates that prices of properties and land parcels located in sectors along the elevated corridor may see an uptick of around 10-15 percent in next few months after the opening of the facility. The expressway will not only reduce the travel time between Delhi and Gurugram but also give a boost to real estate opportunities along the corridor