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Bengaluru's GBA 15% deviation proposal explained: Relief for lakhs of homeowners or a push to legalise violations?

India, April 10 -- Bengaluru's municipal body, the Greater Bengaluru Authority (GBA), has proposed an amendment to the city's building bye-laws, seeking to raise the permissible construction deviation... Read More


TCS buys 20 acres of land in Bengal Silicon Valley Tech Hub at New Town, Kolkata for Rs.94 crore

India, April 9 -- IT major Tata Consultancy Services (TCS) has acquired a 20-acre parcel of land in the Bengal Silicon Valley Tech Hub at New Town, Kolkata, for Rs.94 crore through a long-term lease o... Read More


Gurugram RERA disposes of all pending cases till 2024

India, April 9 -- The Real Estate Regulatory Authority of Gurugram has disposed of all 2,174 pending complaints up to 2024, and all cases currently before it for adjudication are now from 2025 onwards... Read More


Dalcore teams up with YOO to launch luxury boutique residences in Gurugram; plans Rs.500 crore investment

India, April 9 -- Real estate firm Dalcore has launched The Falcon, an ultra-luxury branded residential project on Golf Course Road, Gurugram, in partnership with international design and lifestyle br... Read More


MahaRERA: 'Paper allotment of parking slot not enough'; real estate developer must provide usable space

India, April 9 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA) directed a real estate developer to allot an alternate parking space to a homebuyer until his parking space is constructed... Read More


Lotus Developers plans launch of 11 sea-facing Mumbai projects; eyes Rs.9,000 crore revenue potential

India, April 9 -- Mumbai-based listed developer Sri Lotus Developers is planning to launch 11 luxury projects facing the Arabian Sea in Mumbai, with a combined revenue potential of over Rs.9,000 crore... Read More


Sri Lotus Developers plans launch of 11 sea-facing Mumbai projects; eyes Rs.9,000 crore revenue potential

India, April 9 -- Mumbai-based listed developer Sri Lotus Developers is planning to launch 11 luxury projects facing the Arabian Sea in Mumbai, with a combined revenue potential of over Rs.9,000 crore... Read More


Plix co-founder Rishubh Satiya buys Rs.125 crore luxury apartment at Oberoi 360 West in Mumbai's Worli

India, April 9 -- Rishubh Satiya, co-founder of Satiya Nutraceuticals Private Limited, the parent company of plant-based nutrition brand Plix, along with his family, purchased a luxury apartment at Ob... Read More


Insolvency and Bankruptcy Board of India panel recommends project-wise insolvency resolution for real estate cases

India, April 9 -- A committee of the Insolvency and Bankruptcy Board of India (IBBI) has recommended the need to shift from an entity-centric, recovery-focused framework to a project-centric, completi... Read More


New Labour Code: How House Rent Allowance changes could impact your rent versus buy property decision

India, April 9 -- Neha Sharma, 32, a marketing professional in Bengaluru, has been renting an apartment where the rent now accounts for nearly 30% of her income. With the new wage structure reducing h... Read More