Noida Authority projects Rs 3,700 crore revenue by selling land parcels in FY 2024-25, including group housing plots for Rs 1,080 crore and commercial land parcels for Rs 1,010 crore.
Understanding property attachment as defined by the Code of Civil Procedure (CPC) is crucial for real estate buyers in India. It safeguards buyers from legal disputes and ensures secure transactions.
Non-payment of property taxes for ten years can lead to severe penalties, legal action, and even foreclosure in India. It's crucial for property owners to understand the implications and address any arrears immediately.
The real estate sector expresses concern over proposed elimination of long-term capital gains indexation benefits, seeing it as a potential hindrance to expansion and increased tax burdens.
Mumbai's real estate market experiences a typical monsoon slump, but post-COVID-19, pent-up demand and waterlogging have significantly influenced pricing and transaction volumes.
The GROHE-Hurun India Real Estate 100 list highlights India's booming real estate market, driven by economic growth and investment, surpassing China in growth rate.
Pune's priciest penthouse sold for Rs 37 crore in Lodha One, Bund Garden. Luxury apartment deals surge, with 32 transactions exceeding Rs 10 crore in two years.
Indian real estate anticipates Union Budget 2024 to address key reforms. Industry leaders seek reduced construction costs, industry status, and single-window clearance to boost growth and achieve the projected $1 trillion market size by 2030.
YEIDA offers 361 residential plots near Noida International Airport. Application deadline is August 5, 2024, with plot sizes ranging from 120 to 4,000 square meters.
Samsung R&D Institute India has renewed its five-year lease for a 4.2 lakh square foot space in Bagmane Goldstone with a monthly rent of Rs 4.3 crore.
Section 106 of the Transfer of Property Act (TPA) governs lease termination in India, outlining notice periods and procedures for landlords and tenants to ensure smooth transitions.
Tamil Nadu's CM announced a new airport near Hosur, benefiting Bengaluru's Electronic City techies. Increased rental prices plague IT hubs like Bellandur.
Amitabh Bachchan invested over ₹100 crore in real estate in Ayodhya, Alibaug and Mumbai. Office spaces were purchased in Mumbai's Signature building.
Dwarka Expressway significantly boosts Gurgaon's real estate, attracting investors and homebuyers with improved connectivity and infrastructure. Property values and economic activity are expected to rise.
India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.
Uttar Pradesh RERA has introduced a new directive regarding possession letters, raising concerns among developers and homebuyers about its implications and impact on long-standing disputes.
GIFT City real estate prices surge 10-20% after Gujarat relaxes 60-year liquor ban. Increased demand, tax breaks, and improved infrastructure drive growth in residential and commercial sectors.
Faridabad is emerging as a prime location for luxury residential development, offering larger, more affordable properties compared to Gurgaon and Noida, boosted by infrastructure improvements and increased connectivity.
The Indian real estate market is poised for a major transformation. Economic shifts, government policies, and tech innovation will drive growth and change in 2024.
The Delhi NCR housing market has seen a 57% drop in unsold homes over five years, marking significant growth and stability, driven by infrastructure, demand, and regulatory reforms.
FDI regulations in India for real estate indicate growth projections and increased foreign investment, benefiting the sector's expansion and attracting both domestic and international investors.
A new report reveals how retail chains are capitalizing on rising spiritual tourism in 14 Indian cities, highlighting trends and growth opportunities in the sector.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.
Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.
Mumbai saw 11,504 property registrations in April 2024, generating over INR 1,043 crore in revenue. Real estate developers are optimistic about growth, citing increased demand and infrastructure projects.