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Krisumi to invest Rs.1,300 crore in two luxury housing phases in Gurugram

India, Oct. 16 -- Gurugram-based Krisumi Corporation, an Indo-Japanese real estate joint venture, has commenced construction of two luxury residential phases in Sector 36A, Gurugram. The company plans... Read More


Mumbai's Siddhivinayak Temple gets nod to buy 20 adjoining units for Rs.94 crore

India, Oct. 16 -- The Maharashtra government has approved a Rs.94.12-crore proposal by the Shree Siddhivinayak Ganpati Mandir Trust to acquire 20 residential and commercial units in the adjoining Ram ... Read More


Noida Authority skips 13 again: New Noida to have work circles 11, 12 and 14, but no 13

India, Oct. 16 -- The Noida Authority has decided to skip work circle number 13 while setting up administrative divisions for New Noida, also known as the Dadri-Noida-Ghaziabad Investment Region (DNGI... Read More


DLF's Q2FY27 net profit up by 10% to Rs.1,301 crore; sales bookings down 12% to Rs.3,800 crore

India, Oct. 16 -- Real estate major DLF Ltd reported an almost 10% year-on-year rise in consolidated net profit to Rs.1,301.35 crore in the second quarter of this fiscal, compared with Rs.1,180.09 cro... Read More


Mohali builder directed to pay 9% over delayed, uncertified possession

India, Oct. 16 -- The district consumer disputes redressal commission directed Janta Land Promoters to pay 9% annual interest on Rs.42 lakh deposited by a homebuyer from July 30, 2018, until it obtain... Read More


House of Abhinandan Lodha enters Himachal Pradesh with luxury villa project in Mashobra near Shimla, prices start at Rs.9.5 crore

India, Oct. 16 -- The House of Abhinandan Lodha (HoABL) has entered Himachal Pradesh's second-home market with the launch of The Ridge, an ultra-luxury villa development in Mashobra, around 10 km from... Read More


Ranbir Kapoor leases his luxury apartment in Pune's Trump Towers for a monthly rent starting at Rs.4.63 lakh

India, Oct. 16 -- Ranbir Kapoor has leased out his 6,094 sq ft luxury apartment at Trump Towers in Pune for a starting monthly rent of Rs.4.6 lakh, according to property registration documents accesse... Read More


Haryana, Sweden sign Rs.4,000 crore LOIs; Gurugram and Stockholm forge sister-city partnerships

India, Oct. 16 -- Haryana Chief Minister Nayab Singh Saini's visit to Sweden has led to the signing of Letters of Intent (LOIs) worth Rs.4,000 crore to strengthen investment, trade and economic cooper... Read More


MahaRERA recovers Rs.369 crore against Rs.1,037 crore dues from developers to homebuyers; Mumbai real estate market leads in recovery

India, Oct. 15 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA) on October 15 said it has recovered Rs.369.45 crore in compensation for homebuyers across 273 real estate projects, agains... Read More


Cognizant leases 6.45 lakh sq ft office space in Chennai for 10 years at a total rent of Rs.303 crore

India, Oct. 15 -- IT services major Cognizant Technology Solutions India Private Limited has leased approximately 6.45 lakh sq ft of office space at Embassy Splendid TechZone in Chennai's Pallavaram f... Read More