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Kalpataru signs redevelopment project in Mumbai's Andheri with an estimated potential of Rs.1,400 crore

India, March 13 -- Mumbai-based listed developer Kalpataru Limited signed an agreement to redevelop a housing project on a three-acre land parcel in Andheri, with an estimated gross development value ... Read More


Tamil Nadu: Godrej Properties forays into Coimbatore with 44-acre plotted development project, eyes Rs.450 cr

India, March 13 -- Mumbai-based real estate developer Godrej Properties has acquired a 44-acre land parcel in Tamil Nadu's Coimbatore to develop a premium plotted residential project with an estimated... Read More


LPG crisis in India hits restaurants: Could it pressure retail rents and trigger tenant-landlord renegotiations?

India, March 13 -- The ongoing LPG crisis is limiting kitchen capacity for tenants in the food and beverages sector, with many reporting operational issues due to cooking gas shortage, affecting produ... Read More


Mumbai cluster redevelopment: 800-1,000 acres of land opened up in the last year, says MHADA CEO Sanjeev Jaiswal

India, March 13 -- Over the past year, 800 to 1,000 acres of land in Mumbai have been opened up for redevelopment under the cluster development model, Sanjeev Jaiswal, vice president and CEO of the Ma... Read More


Bengaluru municipal body collects Rs.30 lakh in property tax dues ahead of property auction

India, March 13 -- The Bengaluru South City Corporation has collected Rs.30.4 lakh in pending property tax dues after initiating auction proceedings against defaulting properties in South Bengaluru's ... Read More


IKEA India opens its first store at Phoenix Marketcity Mall in Pune, spanning over 32,000 sq ft

India, March 13 -- Swedish home furnishings giant IKEA India Pvt. Ltd has opened its first store in Pune, Maharashtra, spanning more than 32,000 sq ft at Phoenix Marketcity Mall on Viman Nagar Road. T... Read More


Rustomjee Group launches housing project in Sewri area of Mumbai, with a revenue potential of Rs.900 crore

India, March 13 -- Mumbai-based, listed developer, Keystone Realtors Ltd, also known as Rustomjee Group, has launched a housing project in Mumbai's Sewri area, named Rustomjee Vista Bay, with a gross ... Read More


Housing sales cross 6 lakh units worth Rs.8.4 lakh crore in 2025 as premium homes dominate market

India, March 13 -- India's residential real estate market recorded housing sales of 6.14 lakh units worth over Rs.8.46 lakh crore in 2025, marking a 16% year-on-year increase in value from 2024. Great... Read More


Bengaluru's hot rental market sees a rise in upfront 'token money' as apartments get snapped up within hours

India, March 13 -- During a recent apartment visit in Bengaluru, a senior company executive looking for a flat in the upscale Defence Colony area of Indiranagar decided almost instantly that he wanted... Read More


Bengaluru Development Authority is a 'promoter'; RERA provisions apply, Karnataka Tribunal upholds KRERA order

India, March 12 -- The Karnataka Real Estate Appellate Tribunal (KREAT) dismissed an appeal filed by the Bangalore Development Authority (BDA) and upheld an order from the Karnataka Real Estate Regula... Read More