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Why are wealthy buyers from Delhi, Kolkata, Bengaluru and other cities investing in Mumbai's Rs.25-cr-plus luxury homes?

India, June 11 -- Mumbai's ultra-luxury housing market is drawing an increasing number of buyers from outside Maharashtra. According to CREMatrix data, among purchasers of homes priced above Rs.25 cro... Read More


Mumbai's Rs.3 lakh-per-sq-ft luxury homes still face a 10% water cut. Here's why

India, June 11 -- Mumbai's real estate market continues to scale new heights, with luxury projects in sought-after neighbourhoods such as Worli and Malabar Hill commanding prices of nearly Rs.3 lakh p... Read More


Manipal Health Enterprises Pvt Ltd leases 2.4 lakh sq ft space in Bengaluru at a total rent of over Rs.837

India, June 11 -- Temasek-backed healthcare major Manipal Health Enterprises Private Limited has leased a 2.4 lakh sq ft property in Bengaluru's Konankunte area for a period of 29 years and 11 months ... Read More


Shreyas Iyer rents 3,875 sq ft luxury apartment in Mumbai's Worli for three years at a total rent of Rs.7.14 crore

India, June 11 -- Shreyas Iyer, the Indian cricketer has rented a apartment in Mumbai's Worli, which is among India's costliest residential real estate market for a period of three years at a total re... Read More


Can real estate developers deduct money if a homebuyer cancels a flat booking within two days due to home loan concerns?

India, June 10 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA) has upheld a developer's right to deduct cancellation charges from a homebuyer's booking amount, even when the buyer cance... Read More


Security deposit row: Mumbai tenant alleges Rs.1 lakh refund withheld by landlord over flat repainting

India, June 10 -- A tenant has sparked a debate over rental practices in Mumbai after alleging on Reddit that his landlord was withholding a security deposit of more than Rs.1 lakh unless the 1BHK apa... Read More


Mumbai tenant alleges Rs.1 lakh security deposit refund withheld by landlord over flat repainting

India, June 10 -- A tenant has sparked a debate over rental practices in Mumbai after alleging on Reddit that his landlord was withholding a security deposit of more than Rs.1 lakh unless the 1BHK apa... Read More


Oberoi Realty forms SPV, pays first tranche of Rs.247 crore for leasing 11 acres of land in Mumbai's Bandra

India, June 10 -- Mumbai-based, listed real estate developer Oberoi Realty has paid Rs.247 crore as the first tranche for leasing 11 acres of prime land parcel in Mumbai's Bandra for 99 years from the... Read More


Godrej Properties clocks Rs.2,000 crore-plus home sales in Bengaluru project

India, June 9 -- Mumbai-based, listed real estate developer, Godrej Properties Ltd (GPL) said it has sold homes worth over Rs.2,000 crore in its project, Godrej Vanantara, located off Bannerghatta Roa... Read More


Mumbai real estate: Agami Realty launches Rs.600 crore Bandra luxury project endorsed by Sunil Gavaskar

India, June 9 -- Mumbai-based Agami Realty has launched a luxury housing project in Bandra's Kala Nagar, near the Bandra-Kurla Complex (BKC), with former cricketer Sunil Gavaskar as its brand ambassad... Read More