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Housing sales drop by 19% across nine cities, and supply drops by 30%.; Mumbai sees steepest decline: Report

India, June 22 -- Housing sales across nine major cities are projected to decline by at least 19% year-on-year (YoY) in the second quarter of 2025 (April-June), while new supply is expected to drop by... Read More


Forest officials inspect Mannat annexe after CRZ violation complaint

India, June 21 -- A team of forest department officers, accompanied by officials from the Brihanmumbai Municipal Corporation's (BMC) H-West ward, visited the sea-facing Mannat Annexe in Bandra West on... Read More


Mumbai Real Estate: Developers waive floor-rise premiums to attract buyers amid surging inventory

India, June 21 -- With housing sales moderating and unsold inventory piling up in the Mumbai real estate market, developers are increasingly adopting aggressive pricing strategies to lure fence-sitter... Read More


Tesla set to debut in India with showrooms in Mumbai and Delhi: All you need to know about location and rent

India, June 21 -- Elon Musk's Tesla Inc. is reportedly gearing up to launch its first showrooms in India by July, marking the electric vehicle (EV) giant's formal entry into the world's third-largest ... Read More


Yeida: Audit report on stuck JAL projects due by July 16

India, June 21 -- The Yamuna Expressway Industrial Development Authority (Yeida) on Friday said it has directed consultant firm Currie & Brown to begin study and audit work of stalled Jaiprakash Assoc... Read More


Delhi plans to study Dharavi model to redevelop all slums in Capital

India, June 21 -- The Delhi government is planning to redevelop the 675 slums in the Capital along the lines of the Dharavi slum in Mumbai, which is the largest slum in Asia, chief minister Rekha Gupt... Read More


Good news for Thane homebuyers: MHADA cuts prices of 6,200+ PMAY flats for EWS under first-come, first-served scheme

India, June 21 -- The Maharashtra Housing and Area Development Authority (MHADA)'s Konkan Board has revised the prices of 6,248 affordable homes in Shirgaon and Khoni, Thane, under the PMAY-Urban sche... Read More


Kalpataru IPO launch next week; focus on sub- Rs.10 crore housing in MMR and Pune

India, June 20 -- Mumbai-based real estate developer Kalpataru, which is set to launch its Initial Public Offering (IPO) next week, announced that it will continue to focus on key markets including th... Read More


Brigade Group's flexible workspace arm BuzzWorks signs 24,000 sq ft workspace with Infor India in Hyderabad

India, June 20 -- Brigade Group's flexible workspace arm, BuzzWorks, has signed a deal with Infor India Private Limited for a 24,000 sq ft office space in Hyderabad, the company said in a statement. ... Read More


R Madhavan rents out Rs.17.5 crore luxury apartment in Mumbai's BKC for Rs.6.5 lakh per month

India, June 20 -- Renowned actor R Madhavan and his wife, Sarita, have leased their luxury apartment in Mumbai's upscale Bandra Kurla Complex (BKC) for a monthly rent of Rs.6.50 lakh, according to pro... Read More