Bengaluru Authority proposes property tax incentives for vacant plots converted into parking facilities

India, Sept. 5 -- Bengaluru may soon offer 100% property-tax incentives to owners of vacant plots who convert their land into dedicated multi level parking facilities, under a proposed set of comprehe... Read More

Tribunal restores residential status of Mahalaxmi project

India, Sept. 5 -- The Maharashtra Real Estate Appellate Tribunal (MahaREAT) has ordered Valor Estate (formerly DB Realty) and the Prestige Group to restore the status of their luxury high-rise project... Read More

Sajid Nadiadwala's production house lease their office space in Mumbai's Andheri for a total rent of Rs.2.46 crore

India, Sept. 5 -- Sajid Nadiadwala's production house, Nadiadwala Grandson Entertainment Private Limited has leased commercial office units in Mumbai's Andheri West, to Rhea and Dia Enterprises Pvt Lt... Read More

MahaRERA declines homebuyer's plea for developer to buyback flat near Mumbai over leakage, dampness related issues

India, Sept. 5 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed a homebuyer's complaint seeking buyback of his flat and a refund with interest, after he alleged persistent wate... Read More

Construction costs in top seven Indian cities rise 34% and housing prices increase by 59% in the last five years: Report

India, Sept. 4 -- Housing prices across India's top seven cities have skyrocketed twice as fast as construction costs over the last five years, according to a report released by ANAROCK, a real estate... Read More

Mumbai can become slum free in the next 10 years, I'm very confident, says Maharashtra CM Devendra Fadnavis

India, Sept. 4 -- Maharashtra chief minister Devendra Fadnavis said on Thursday he is very confident of making Mumbai slum-free in the next 10 years. His remarks came at a conference of real estate ap... Read More

Khushi Kapoor, daughter of Boney Kapoor, buys 180 sq ft apartment for Rs.63 lakh in Mumbai's Bandra West

India, Sept. 4 -- Actress Khushi Kapoor, daughter of Boney Kapoor, purchased a residential flat in Mumbai's Bandra West for Rs.63 lakh, according to property registration documents accessed by CRE Mat... Read More

Mumbai redevelopment: 1,000+ projects launched since 2020 make up 13% of supply, 15% of sales: Report

India, Sept. 3 -- Mumbai real estate market's redevelopment segment has reported more than 1,000 projects since 2020, comprising 13% of city's overall residential supply and 15% of housing sales, acco... Read More

Mumbai redevelopment: 1,000+ projects launched since 2020 make up 13% of supply, 15% of sales, says Report

India, Sept. 3 -- Mumbai real estate market's redevelopment segment has reported more than 1,000 projects since 2020, comprising 13% of city's overall residential supply and 15% of housing sales, acco... Read More

Gurugram's flooding crisis, Can PPPs and municipal bonds fund the infrastructure the city needs?

India, Sept. 3 -- Every monsoon, Gurugram seems to rediscover the same question: why does a city that has spent hundreds of crores on stormwater infrastructure continue to flood after a few hours of h... Read More

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