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Bengaluru real estate: Homebuyers get relief as KRERA orders BDA to finish a project, pay compensation

India, May 6 -- In a boost for homebuyers, KRERA has passed key orders against the Bangalore Development Authority (BDA), directing it to complete the long-delayed Nadaprabhu Kempegowda Layout (NPKL) ... Read More


Real estate sentiment turns cautious till September amid global volatility: Knight Frank-NAREDCO report

India, May 6 -- Real estate developers and financial institutions are turning cautious, marking a clear break from recent optimism, with a guarded outlook for the sector at least until September amid ... Read More


McKinsey leases 35,520 sq ft office space in BKC in Mumbai for Rs.2.58 crore monthly rent

India, May 6 -- McKinsey and Company India LLP has renewed its office lease at Maker Maxity (1 North Avenue) in Mumbai's Bandra-Kurla Complex (BKC) for a monthly rent of Rs.2.58 crore, according to do... Read More


Concentrix inks 5-year lease for 1.6 lakh sq ft office space in Gurugram at Rs.1.53 crore monthly rent

India, May 5 -- Concentrix Daksh Services India Private Limited has leased 1.6 lakh sq ft of office space in Gurugram at a monthly rent of Rs.1.53 crore for a five-year term, according to documents ac... Read More


One-fourth housing projects in Maharashtra run foul of RERA law

India, May 5 -- One-fourth of the ongoing housing projects across Maharashtra have been served show cause notices for violating a key clause of the Real Estate (Regulation and Development) Act, 2016, ... Read More


Conveyance must include open spaces, not just building footprint: HC

India, May 5 -- The Bombay High Court has ruled that conveyance granted to housing societies comprising multiple buildings must include surrounding land and open spaces that are appurtenant, necessary... Read More


Hyderabad leads Rs.10 crore-plus luxury housing with Rs.8,562 crore in FY26 sales; offers 60% more space than Bengaluru

India, May 5 -- Hyderabad has emerged as South India's top ultra-luxury housing market, clocking Rs.8,562 crore in Rs.10 crore-plus home sales in FY26, with buyers getting nearly 60% more space than i... Read More


MahaRERA comes down heavily on errant developers; issues notices to over 8,212 projects for not updating QPRs

India, May 4 -- MahaRERA has come down heavily against errant developers, issuing show-cause notices to 8,212 housing projects for failing to update Quarterly Progress Reports (QPRs). Developers must... Read More


MahaRERA issues notices to 8,212 real estate projects for failing to update Quarterly Progress Reports

India, May 4 -- MahaRERA has issued show-cause notices to 8,212 housing projects for failing to update their Quarterly Progress Reports (QPRs). If real estate developers do not respond within 60 days,... Read More


Who pays for vehicle damage if the basement parking area gets flooded? What residents should know

India, May 4 -- Pre-monsoon showers in Bengaluru have once again laid bare the fragility of infrastructure within gated communities, after a resident flagged severe waterlogging in a basement parking ... Read More