This particular investment marks the first close of the brand’s fourth development vehicle, IndoSpace Logistics Parks IV (ILP IV), aiming to target a total of equity commitments worth $600 million.
The real-estate firm to deploy the money in Ahmedabad, Bengaluru, the Mumbai Metropolitan Region and Pune. The company's will continue to focus on residential real estate in these four cities in the next two years
Budget 2023: The finance minister should double the tax deduction allowed on home loan interest to Rs 4 lakh and bring taxability of gain on the sale of property at par with that of listed shares
CLSS covers middle income group beneficiaries seeking housing loans for acquisition/ construction of houses (including re-purchase) from banks, housing finance companies and other notified institutions.
Mumbai-based Macrotech Developers, which is one of the leading real estate firms in the country, markets its properties under the Lodha brand.
A Delhi resident moves to Mumbai and becomes a Tenant in one of the most glamorous locations of the city. Our Tenant says the exquisite Bandra Worli Sea Link on one side and the likes of Rohit Sharma and Deepika Padukone as neighbors on the other side - make a location glamorous. Also, what separates a city like Mumbai from a city like Delhi? All this and more in this episode of The Tenant. Watch!
More than a real estate asset, apartments in UB City command a premium as its residents are from the elite; the maintenance amount paid by each resident is around Rs 5 lakh a quarter
It’s the job market that predominantly drives the housing market. Since an economic slowdown in some major developed countries could hurt the job market in India, buying real estate could become an uphill task in 2023
Falling concrete, cracks in buildings pose threat to lives of residents in the high-rise towers. DDA to meet the residents on January 30 to thrash out the future course of action.
By 2051, India may have an additional 335 million urban population. Several new cities will be needed to settle them
Almost a third of homes sold for £1 million or more were traded off-market in the final three months of last year, the highest quarterly share since 2017.
The Authority said that disposal of complaints was highest in 2022 and maximum complaints belonged to Gautam Buddh Nagar, Lucknow, and Ghaziabad districts of the state.
On February 7, a two-judge panel will rule on whether the Odisha RERA was at fault for not ruling on issues it did not have the power to execute. Many RERA conclaves have raised this issue, which, if not addressed, can dilute a law that had the potential to transform the real estate industry
The bank’s move follows the failure to repay a loan of Rs 161 crore. BoB took possession of 3.4 lakh sq ft area, under the Sarfaesi Act, on January 24, 2023. A demand notice was first issued on December 6, 2019
Around 500 homebuyers of apartments in Kalpataru Radiance, part of the Patra Chawl redevelopment project in Mumbai’s Goregaon area, released a protest song on YouTube, asking the developer to hand over their homes, which have been delayed for over six years now.
DLF's residential business delivered a strong performance to clock quarterly new sales bookings of Rs 2,507 crore, reflecting a YoY growth of 24 percent. Cumulative new sales for 9MFY23 stands at Rs 6,599 crore, reflecting a YoY growth of 45 percent.
The ruling in a Faridabad case gives relief to buyers of stalled projects who stop payments when they do not see any progress in the construction of the project or the possibility of timely delivery.
The property is located in 3rd Block, Koramangala, Bengaluru. The land area is 9,488 sq ft, and super built-up area is 3,923.60 sq ft. The seller is Ravi Khemka.
The two bungalows measure 2,247 sq ft and 3,403 sq ft respectively.
The Authority observes that the bank’s e-auction attempt is “devoid of” considering and settling the claims of individual allottees who are stakeholders in the project in question.
Future Sentiment Score notches up in optimistic zone: Knight Frank-NAREDCO Real Estate Sentiment Index Q4 2022
Lawyers point out that homebuyers need to crosscheck every sanction plan and contractual commitment before entering an agreement.
Sonu Kumar Jha, a tea and gutka seller, has agreed to pay a 1,203 percent higher amount than the base rent of the kiosk. He will have to deposit 14 months’ rent in advance, which roughly amounts to Rs 45 lakh, to the Noida Authority.
Developers owe more than Rs 800 crore towards development charges to planning authorities in Mumbai; they have also sought waiver of penalty and interest on such charges.
For the initial 36 months, the rent payable is Rs 75 per sq ft on the chargeable area. After this, the rent will escalate by 15 percent over the last payable rent.