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Can you buy and sell parking spaces in India as investment assets, like flats and shops?

India, Oct. 13 -- A woman in China who bought 196 parking spaces for around Rs.20 crore and won a legal battle against residents who accused her of monopolising parking facilities for profit has raise... Read More


State expands data centre footprint but appoints panel to probe environmental cost

India, Oct. 13 -- The Maharashtra government has approved 12 new data centre projects across the state, taking the number of operational and proposed facilities to 32. The 12 projects, for which lette... Read More


New homes but sans water: BDD Chawl residents in crisis

India, Oct. 13 -- Seven months after MHADA began handing over possession of redeveloped homes in the Naigaon compound of the BDD Chawls, residents continue to grapple with an acute water shortage. The... Read More


Trevoc plans Rs.1,000 crore pipeline, targets Rs.3,500 crore GDV over three years

India, Oct. 13 -- Real estate developer TREVOC Group is planning an investment and development pipeline of Rs.800-1,000 crore over the next three years, targeting a gross development value (GDV) of Rs... Read More


DDA offers 2,516 LIG flats in Narela at 25% discount; prices start at Rs.14.95 lakh

India, Oct. 13 -- For those planning to buy a home this festive season, the Delhi Development Authority (DDA) is offering 2,516 lower-income group (LIG) flats in Narela under its DDA Awaas Nivesh Yoja... Read More


Dharavi redevelopment: Adani Group starts construction at 22-acre Matunga site; first 5 towers to be handed over by 2029

India, Oct. 12 -- Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) set up to implement the Dharavi Redevelopment Project (DRP), performed the bhoomi poojan at the ... Read More


Dharavi redevelopment: Adani Group starts construction work on 10,432 homes at 22-acre Matunga site; first 5 towers to be handed over by 2029

India, Oct. 12 -- Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) set up to implement the Dharavi Redevelopment Project (DRP), performed the bhoomi poojan at the ... Read More


Branded residences market in India to grow 126% in six years, driven by urban demand unlike resort-led growth in Asia-Pacific

India, Oct. 12 -- Rising domestic wealth is fuelling the next phase of growth in India's branded residences market, with the number of projects forecast to increase by 126% over the next six years, on... Read More


Noida tells Supreme Court it has approved revised layout for Sports City Plot 02 in Sector 150

India, Oct. 12 -- The Noida authority said it has, via an affidavit, told the Supreme Court that it has approved the revised master layout plan for Sports City Plot 02 in Sector 150, paving the way fo... Read More


Noida ropes in RWAs, AOAs to push rooftop solar scheme in housing societies

India, Oct. 12 -- Government officials are reaching out to residents' welfare associations (RWAs) and apartment owners' associations (AOAs) in Noida to encourage wider adoption of the Centre's PM Sury... Read More