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Dharavi redevelopment: Adani Group starts construction at 22-acre Matunga site; first 5 towers to be handed over by 2029

India, Oct. 12 -- Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) set up to implement the Dharavi Redevelopment Project (DRP), performed the bhoomi poojan at the ... Read More


Branded residences market in India to grow 126% in six years, driven by urban demand unlike resort-led growth in Asia-Pacific

India, Oct. 12 -- Rising domestic wealth is fuelling the next phase of growth in India's branded residences market, with the number of projects forecast to increase by 126% over the next six years, on... Read More


Noida tells Supreme Court it has approved revised layout for Sports City Plot 02 in Sector 150

India, Oct. 12 -- The Noida authority said it has, via an affidavit, told the Supreme Court that it has approved the revised master layout plan for Sports City Plot 02 in Sector 150, paving the way fo... Read More


Noida ropes in RWAs, AOAs to push rooftop solar scheme in housing societies

India, Oct. 12 -- Government officials are reaching out to residents' welfare associations (RWAs) and apartment owners' associations (AOAs) in Noida to encourage wider adoption of the Centre's PM Sury... Read More


Maharashtra Maritime Board plans three floating hotels in Navi Mumbai; diners may enjoy views of Atal Setu, India's longest sea bridge

India, Oct. 12 -- Imagine dining aboard a floating hotel with views of the Atal Setu, India's longest sea bridge connecting Mumbai and Navi Mumbai, and the waters of Panvel Creek. The Maharashtra Mari... Read More


UP RERA urges homebuyers to deposit payments only into the real estate project's designated collection account

India, Oct. 12 -- In a move to protect homebuyers, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has urged buyers to exercise caution while making property payments and deposit money on... Read More


Blackstone arm leases 4.5 lakh sq ft of office space in Bengaluru for five years

India, Oct. 12 -- Blackstone COE India Private Limited has leased 4.5 lakh sq ft in Bengaluru across 10 floors for a monthly rent of Rs.4.16 crore for five years, with 15% rental escalation every thre... Read More


BNP Paribas leases 5 lakh sq ft at Mindspace REIT's One Radial in Chennai for 10 years

India, Oct. 12 -- Global banking major BNP Paribas has leased around 5 lakh sq ft of office space across four floors at One Radial, a commercial complex owned by Mindspace Business Parks REIT in Chenn... Read More


MahaRERA: Bought a shop for retirement income but found no tenants; here's why the regulator rejected senior citizens' plea

India, Oct. 12 -- Senior citizens' inability to find tenants for a commercial shop does not entitle them to seek an alternative showroom from the developer, the Maharashtra Real Estate Regulatory Auth... Read More


Bengaluru's rental maze: Landlord interviews, eviction excuses and the battle to get your security deposit back. All that tenants need to know

India, Oct. 11 -- Moving to Bengaluru for a new job? Before you get the keys to your apartment, you may have to clear a few rounds of interviews; this time, the prospective employer is your landlord. ... Read More