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In Mumbai you may earn an annual income of Rs.4.5 lakh but pay Rs.5.18 lakh as rent for a 1BHK

India, Oct. 18 -- Mumbai is ranked among the most expensive cities in India for accommodation rentals. The average annual rental cost for housing in Mumbai can put you back by Rs.5.18 lakh for a 1 BHK... Read More


Co-working firm BHIVE leases 900 desks to Nuvama in BKC, Mumbai

India, Oct. 17 -- Flexible office space provider BHIVE has leased more than 900 seats to Nuvama, a wealth management company, at Bandra Kurla Complex in Mumbai, the company said in a statement.Nuvama ... Read More


Pharma major Micro Labs buys 3-acre land parcel for Rs.111 crore in Bengaluru

India, Oct. 17 -- Dolo-650 manufacturer Micro Labs Limited has purchased a 3-acre industrial land in Bengaluru in exchange for a sum of Rs.111.07 crore, property registration documents accessed throug... Read More


Luxury housing sales surge 38% in January to September period this year across seven major cities

India, Oct. 17 -- The luxury housing segment that includes units priced at Rs.4 crore and above saw sales increasing by almost 37.8% Y-o-Y during the Jan-Sep 2024 period on the back of high demand, CB... Read More


Festive season 2024: Property registrations in Mumbai up by 13%, stamp duty revenue increases by 15%

India, Oct. 17 -- The Mumbai real estate market reported a 13% increase in property registrations during Navratri 2024. Property registrations during the nine-day festive period increased to 5,199 fro... Read More


Gross office leasing touches 66.7 mn sq ft in Jan-Sep period, to cross 80 mn sq ft in 2024

India, Oct. 16 -- Gross leasing of office space across top eight cities has crossed 66.7 mn sq ft in the last nine months and is expected to surpass 80 mn sq ft in 2024, according to Cushman & Wakefie... Read More


Godrej Properties wins bid for three adjoining plots measuring around 6.5 acres in MMR

India, Oct. 16 -- Godrej Properties Ltd (GPL) announced on October 16 that it has emerged as the highest bidder to develop a group housing project at a premium location in Sector 5-A, Kharghar, accord... Read More


Bengaluru rains cause disruptions, a few housing projects, malls and office complexes affected by flooding

India, Oct. 16 -- Amid heavy rains and an orange alert issued in Bengaluru, citizens are reporting cases of water seepage into homes, office campuses and malls. The Bruhat Bengaluru Mahanagara Palike,... Read More


The Executive Centre to invest Rs.125 crore, add 8 centres across Bengaluru, Mumbai, among other cities

India, Oct. 16 -- Hong-Kong based global flexible workspace provider, The Executive Centre, has earmarked an investment of Rs.125 crore to add eight new centres to its portfolio in India during the on... Read More


MahaRERA puts grading of real estate projects in Maharashtra on hold

India, Oct. 16 -- MahaRERA that had earlier proposed grading of real estate projects in Maharashtra has now decided to not go ahead with it. Senior MahaRERA officials told HT.com that the Real Estate ... Read More