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Office space transactions in Kochi surge 28% to 17 million sq ft by the end of 2024: Report

India, Feb. 7 -- Driven by technology and research firms, office space absorption in Kochi, Kerala, reached 17 million sq ft by December 2024, marking a 28% increase over the past three years, accordi... Read More


Raymond Limited to develop Rs.1800 crore housing project in Mumbai, its second in Mahim West

India, Feb. 7 -- Real estate firm Raymond Ltd has partnered with a landowner to develop a housing project in Mumbai with an estimated revenue potential of Rs.1,800 crore. Raymond Limited's 100% owned... Read More


Hyderabad registers home sales of 75,512 units worth Rs.45,190 crore in 2024

India, Feb. 7 -- Hyderabad has recorded 75,512 housing sale transactions, including apartments, plots and villas, compared to 74,495 transactions recorded in 2023, according to data shared by Square Y... Read More


RBI eases burden for home loan borrowers with 25 basis points repo rate cut

India, Feb. 7 -- Following Budget 2025, where the finance minister announced zero income tax for salaries up to Rs.12 lakh, the RBI cut the repo rate by 25 bps to 6.25% on February 7, bringing much-ne... Read More


Bengaluru rentals: What can tenants do if landlords do not refund the security deposit?

India, Feb. 6 -- As rents in Bengaluru continue to soar, landlords are demanding security deposits of six to nine months' rent, often exceeding Rs.3 lakh. However, many tenants face challenges when la... Read More


Uday Kotak and family buy 12 flats in Mumbai for over Rs.200 cr, set national price record at Rs.2.71 lakh per sq ft

India, Feb. 6 -- Uday Kotak and his family members have purchased 12 sea-facing apartments for Rs.202 crore in a residential complex named Shiv Sagar Building on Worli Sea Face, according to property ... Read More


Akshay Kumar, Twinkle Khanna sell luxury apartment in Mumbai for Rs.80 crore

India, Feb. 6 -- Akshay Kumar and Twinkle Khanna have sold their luxury apartment in Mumbai's Oberoi 360 West project for Rs.80 crore, documents accessed by IndexTap showed. The 6830 sq ft apartment ... Read More


Akshay Kumar, Twinkle Khanna sell luxury flat in Mumbai for Rs.80 crore

India, Feb. 6 -- Akshay Kumar and Twinkle Khanna have sold their luxury apartment in Mumbai's Oberoi 360 West project for Rs.80 crore, documents accessed by IndexTap showed. The 6830 sq ft apartment ... Read More


Can homebuyers get a refund of the flat booking amount after cancelling it?

India, Feb. 6 -- In a major relief to homebuyers, the Supreme Court has said that real estate developers cannot deduct more than 10 per cent of the basic sale price of an apartment if a buyer decides ... Read More


Bollywood singer Anu Malik sells two apartments in Mumbai for around Rs.15 crore

India, Feb. 6 -- Bollywood composer and singer Anu Malik and his wife Anju Malik have sold two apartments for Rs.14.49 crore in Mumbai's Santacruz West area, according to property registration documen... Read More