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Mumbai real estate: Oberoi Realty sells luxury homes worth Rs.1,348 crore in three days of Thane launch

India, Oct. 21 -- Mumbai-based listed real estate firm Oberoi Realty on October 21 said that it has sold luxury homes worth Rs.1,348 crore in its newly launched 75-acre housing project in Thane near M... Read More


Bengaluru's rental housing market returns to normalcy pushing past full impact of pandemic, experts say

India, Oct. 21 -- "My contract, signed last year, mentions a yearly rent escalation of 20%, however my landlady hasn't brought it up yet," said Anirban Choudhury, a resident of Kasturi Nagar in East B... Read More


HUL leases 5.93 lakh sq ft warehousing space in Bhiwandi near Mumbai at a rent of Rs.1.54 crore per month

India, Oct. 21 -- Hindustan Unilever Limited (HUL) has leased out 5.93 lakh sq ft of warehousing space in Bhiwandi near Mumbai at an initial monthly rent of Rs.1.54 crore rent, according to property r... Read More


Emaar India to foray into Mumbai real estate market, launches villas in Alibag starting at Rs.9 crore

India, Oct. 21 -- After launching projects in North India, Emaar India now plans to foray into the Mumbai real estate market and invest Rs.2,000 crore in the next few years. The company on October 21,... Read More


Housing sales in top 30 Tier 2 cities down 13% to 41,871 units in July-Sep: Report

India, Oct. 21 -- Housing sales across top 30 Tier 2 cities fell by 13% in the July-September quarter of 2024 while new launches declined by 34%, according to a new report released by real estate data... Read More


About 53% home buyers unhappy with affordable housing options, identify project location as a major deterrent

India, Oct. 21 -- Almost 53% of the homebuyers are dissatisfied with the available options in the affordable housing segment across cities. They cite project location, low construction quality, inferi... Read More


MahaRERA update: Conciliation forums resolve 1,749 disputes between homebuyers and real estate developers

India, Oct. 21 -- The Maharashtra Real Estate Regulatory on October 21 said that the conciliation forums have resolved 1,749 complaints between homebuyers and real estate developers across the state. ... Read More


Ahmedabad real estate: Godrej Properties acquires 3-acre land in Vastrapur with a revenue potential of Rs.1,300 crore

India, Oct. 21 -- Listed real estate developer Godrej Properties Limited (GPL) on October 21 announced that it has acquired three acres of land in Vastrapur area of Ahmedabad in Gujarat to develop a h... Read More


Nexus Select Trust to acquire shopping mall in Bengaluru for Rs.877 crore

India, Oct. 20 -- Nexus Select Trust, the country's first REIT backed by rent yielding retail assets, will acquire a shopping mall in Bengaluru for Rs.877 crore. The Board of Directors of Nexus Selec... Read More


Prestige Estates to invest around Rs.7000 crore to develop township in Ghaziabad

India, Oct. 20 -- Bengaluru-based real estate firm Prestige Estates Projects Ltd will invest close to Rs.7000 crore to develop a township project in Ghaziabad in Delhi NCR. The project 'Prestige City'... Read More