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Delayed possession: Can a real estate developer seek review of an MahaRERA order favouring a homebuyer?

India, June 23 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that while a developer is entitled to file a review application, the scope of such a review is limited by th... Read More


Accenture leases over 1 million sq ft office space in Hyderabad for 10 years at a total rent exceeding Rs.1,000 crore

India, June 23 -- Accenture Solutions Pvt Ltd has leased approximately 1 million sq ft of commercial office space in Hyderabad for a period of 10 years at a total rent of over Rs.1,000 crore, accordin... Read More


Noida launches survey for City Logistics Plan

India, June 23 -- The Noida authority on Monday launched surveys to map logistics patterns in industrial clusters as part of preparations for a City Logistics Plan (CLP), officials aware of the matter... Read More


7 firms in race to manage BMC's Rs.1,000-crore maiden green bond

India, June 23 -- Seven merchant bankers have submitted bids to manage the Brihanmumbai Municipal Corporation's (BMC) maiden Rs.1,000-crore green bond issue, which will be used to finance environmenta... Read More


Mumbai's water crisis: Why some real estate developers aren't yet worried about BMC's curbs

India, June 22 -- Even as Mumbai's real estate market commands some of the highest property prices in the country, nature has once again exposed one of the financial capital's most enduring vulnerabil... Read More


Smartworks renews lease for 2.3 lakh sq ft office space in Hyderabad at a total rent of Rs.121 crore

India, June 22 -- Flexible workspace operator Smartworks Coworking Spaces Ltd renewed the lease for around 2.3 lakh sq ft of office space in Hyderabad's Madhapur locality for a total rent of Rs.121 cr... Read More


Gr Noida: Authority to recover Rs.315 crore dues from 14 builders

India, June 22 -- The Greater Noida Authority on Sunday decided to issue Recovery Certificates - an official legal order - to 14 real estate developers to recover Rs.315.5 crore in land dues. The mov... Read More


Utility transfers may get simpler for homebuyers

India, June 22 -- Property buyers in Delhi may no longer need to visit multiple government offices or fill separate forms for the transfer of their water and electricity connections after purchasing a... Read More


Pune developer refunds full amount after homebuyer allegedly 'vanishes' over gambling losses

India, June 22 -- A Pune-based real estate developer has claimed that he refunded the entire amount paid by a homebuyer who allegedly went missing just days before taking possession of his home after ... Read More


Flat buyers entitled to interest for delayed possession: HC

India, June 21 -- The Bombay High Court has held that section 18 of the Real Estate (Regulation and Development) Act (RERA) gives flat buyers an absolute right to claim compensatory interest for delay... Read More