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KRERA pulls up developer for completion certificate delay, Mysuru buyers hit with 100% property tax penalty

India, Feb. 27 -- The Karnataka Real Estate Regulatory Authority (KRERA) has pulled up a developer for failing to obtain the mandatory completion certificate (CC), a lapse that allegedly caused Mysuru... Read More


Brigade Group housing Rs.1,700 crore housing project in Chennai

India, Feb. 27 -- Bengaluru-based real estate developer Brigade Group has announced the launch of a housing project in Chennai with an estimated Gross Development Value (GDV) of approximately Rs.1,700... Read More


SWAMIH Fund sanctions Rs.115 crore to complete stalled Antriksh Valley project in Greater Noida West

India, Feb. 27 -- The Special Window for Affordable & Mid-Income Housing (SWAMIH) Fund has sanctioned around Rs.115 crore to complete the stalled Antriksh Valley project in Sector 1, Greater Noida Wes... Read More


Inexperienced in housing projects, MSRDC to set up project unit to fast-track slum-free Mumbai push

India, Feb. 27 -- In a shift from building highways and flyovers to rebuilding neighbourhoods, the Maharashtra State Road Development Corporation (MSRDC) has set up a specialised slum implementation u... Read More


SBI leases 1.34 lakh sq ft office space in Airoli, Navi Mumbai for GCC at Rs.1.68 crore per month

India, Feb. 27 -- State Bank of India has leased 1.34 lakh sq ft of office space in Navi Mumbai's Airoli for its Global Capability Centre under a five-year lease agreement at a monthly rent of Rs.1.68... Read More


Vedaanta Senior Living launches Rs.50 crore senior living project in Tamil Nadu, villas starting from Rs.50 lakh

India, Feb. 27 -- Senior living operator Vedaanta Senior Living has launched its flagship senior living project in Chengalpattu, Tamil Nadu, comprising 69 low-density villas priced from Rs.50 lakh, th... Read More


Sonu Nigam's father, Agam Kumar Nigam, buys a Rs.10 crore property on Mumbai's Madh Island

India, Feb. 27 -- Agam Kumar Nigam, father of singer Sonu Nigam, purchased a 1,197 sq m land parcel along with a ground-plus-one-floor residential and commercial structure in Mumbai's Madh Island for ... Read More


Bangalore Development Authority says 1,910 housing units remain unsold; villas see slower sales but 'business as usual'

India, Feb. 27 -- Around 1,910 housing units remain unsold in the Bangalore Development Authority (BDA) inventory out of nearly 4,782 units built in recent years, with about 65% already allotted, a se... Read More


Merlin Prime Spaces expands footprint with Rs.273 crore land acquisition in Pune

India, Feb. 26 -- Merlin Prime Spaces Private Limited has acquired a 13,185 sq metre land parcel in Pune's Mundhwa area near Koregaon Park, for Rs.273 crore, according to registration documents access... Read More


Brigade Group partners with Primus Senior Living to develop senior living homes worth Rs.750 crore

India, Feb. 26 -- Brigade Group has partnered with Primus Senior Living to launch three senior living communities across Bengaluru and other South Indian markets. The projects are estimated to have a ... Read More