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'Non-refundable' parking deposit must be returned if society cannot justify retention: Court

India, Oct. 19 -- A housing society cannot retain money collected as a 'non-refundable' parking deposit merely by labelling it so. The society must establish a lawful basis for keeping the amount, the... Read More


Sopra Steria leases 4.75 lakh sq ft in Noida for 15 years at a total rent of Rs.816 crore

India, Oct. 19 -- Sopra Steria India Limited, a technology and digital services company headquartered in France, has leased 4.75 lakh sq ft of office space in Noida for 15 years, with a total rental o... Read More


Sara Ali Khan and her mother, Amrita Singh, lease office space to an AI studio firm in Mumbai's Andheri West for Rs.5.85 lakh a month

India, Oct. 19 -- Sara Ali Khan and her mother, Amrita Singh, have leased a 2,545 sq ft commercial unit in Andheri West to AI studio firm Upsurge Labs LLP for five years at a total rent of Rs.3.76 cro... Read More


Manasum, Signature Global join hands for 164-unit senior living project in Gurugram, eye Rs.575 crore sales

India, Oct. 18 -- Manasum Senior Living and Signature Global have joined hands to develop a 164-unit senior living project in Gurugram, marking Manasum's entry into the Delhi-NCR market. The project h... Read More


No fire safety clearance, 1,200 buildings in Gurugram issued notices

India, Oct. 18 -- The Gurugram fire department has issued notices to the owners of more than 1,200 buildings for operating without mandatory fire no-objection certificates (NOCs), following an ongoing... Read More


From bungalows to gated high-rises: Delhi's wealthy upgrade to luxury communities within their neighbourhood

India, Oct. 18 -- Once defined by sprawling bungalows, farmhouses and independent builder floors, Delhi's luxury housing market is gradually embracing gated high-rise communities. Developers are trans... Read More


Maharashtra plans fifth Film City across 125 acres in Konkan's Ratnagiri district

India, Oct. 17 -- Maharashtra is planning to develop its fifth Film City across 125 acres in Guhagar taluka of Ratnagiri district, in the Konkan region. Located about seven hours from Mumbai, the prop... Read More


DTCP moves to take over Ocean Seven Buildtech's stalled The Venetian project in Gurugram, raising questions over its revival

India, Oct. 17 -- The Department of Town and Country Planning (DTCP) has initiated proceedings to take over Ocean Seven Buildtech's The Venetian project, a 5.1-acre affordable housing project in Secto... Read More


Bandra luxe tower developer under fire for building plan breach

India, Oct. 17 -- A 22-storey luxury tower on a prime plot in Turner Road, Bandra, has come under the scrutiny of the Slum Rehabilitation Authority (SRA) as the builder has allegedly deviated from the... Read More


Japan's Sumitomo Mitsui Banking Corporation leases 50,000 sq ft in Mumbai's BKC for five years at a total rent of Rs.189 crore

India, Oct. 17 -- Sumitomo Mitsui Banking Corporation (SMBC), a Japanese banking corporation, has leased nearly 50,000 sq ft of office space in Mumbai's Bandra-Kurla Complex (BKC) from Goisu Realty Pr... Read More