CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.
MahaRERA orders developers to disclose sold, booked inventory to enhance transparency and prevent multiple transactions.
Pune Cantonment Board (PCB) to seal properties of tax defaulters who fail to pay dues by March 5, 2021. PCB aims to recover Rs 38 crore from over 12,000 defaulters.
Real estate developers are redesigning apartment layouts to accommodate the trend of remote work, creating office-like spaces within homes.
Shapoorji Pallonji to Invest ₹4,000 Cr in VANAHA, a Mixed-Use Project in Pune
Pune real estate sales rebound to pre-COVID levels with 3.4% price increase, driven by high-end segment demand. Inventory is at a six-year low.
PCMC cancels 6,500 tenement launch under JNNURM due to PMAY launch. Beneficiaries can apply under PMAY. PCMC earlier planned 17,920 tenements but only built 11,420.
Pune resident's complaint against builder for smaller flat size and lack of completion certificate rejected by consumer court due to non-compliance with representative complaint norms.
Pune's residential real estate market witnesses growth with new launches and stable prices, expecting a boost during Gudi Padwa
The Centre is funding infrastructure improvements in Noida to enhance urban living, addressing issues like housing shortages and vacant properties, according to Naidu.
Residential real estate markets in top eight Indian cities show improved sales and decreased unsold inventory, except for NCR which still struggles with a high volume of unsold units.
Pune's new residential launches decreased by 32% in H1 2016 compared to H1 2015, while unsold inventory reached a 5-year low. Office space transactions also slowed down due to lack of new supply.
Pune's Inspector-General of Registration has launched an SMS facility for property document updates, significantly easing the process for citizens and improving access to registration details.
Kolte-Patil Developers appoints Gopal Sarda as Mumbai region's executive officer chief, following Sujay Kalele's departure.
Real estate developers face tough market conditions with low sales and high inventory, according to experts and recent data from Colliers India and Cushman & Wakefield.
The standing committee is considering revising a previously approved property tax hike to fund 24x7 water supplies, which faced opposition from various political parties.
Pune's residential property market saw 4-6% price growth in 2016, driven by high demand and IT/ITeS sector growth, with affordable housing emerging as a key trend.
Bangalore real estate market tops private equity investment, receiving Rs 1,990 crore in the first three quarters of 2013. Other cities such as Pune and NCR also witness significant growth.
Credai Maharashtra highlights concerns of a 22% sales dip in real estate, attributing it to inflation, high interest rates, and regulatory delays, while affirming Pune's relative stability.
Housing prices rose up to 6% in 12 Indian cities, while 10 cities saw a decline of up to 9% in Q2 FY24. Delhi-NCR experienced a 5% dip QoQ but a 7% YoY surge.
Credai Maharashtra praises state's decision to reserve 20% of flats for the weaker section in developments on one acre of land. The policy aims to reduce slums and provide affordable housing.
Experts predict that a decline in office space supply will pressure rental values, while corporate relocation and economic factors affect demand across major cities.
Shapoorji Pallonji Group plans to expand its IT parks by 52%, adding 2 million sq ft to its existing 5 million sq ft portfolio across India.
Pune real estate has seen significant price growth since 2011, but sales have recently slowed. It remains more affordable than Mumbai and NCR, supporting its market.
The report highlights the fluctuations in mall vacancy rates across various Indian cities, influenced by leasing activity and the supply of new retail spaces.