News articles tagged Residential

Which hotel chain has the highest market value in India?

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.

The Dwarka Expressway is driving the real estate revival in Gurgaon

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.

The Green Revolution is reshaping India’s property market

Green construction is gaining traction in Indian real estate, driven by demand, regulations, and consumer awareness. Economic and environmental benefits make it appealing.

Boney Kapoor’s consortium outbids Akshay Kumar to build a 230-acre film city in Noida with a cinema museum and university

A consortium led by Boney Kapoor wins bid to build 230-acre Noida Film City, featuring a film university, cinema museum, and helipad, near Noida International Airport.

Godrej Properties saw sales bookings of Rs 22,500 crore in FY24, an 84% increase from the previous year

Godrej Properties reported record sales bookings of Rs 22,500 crore in FY24, an 84% YoY increase, driven by strong housing demand and successful project launches.

77% of foreign real estate investments in India between 2019 and 2023: report

Foreign investments made up 77% of institutional investment in Indian real estate from 2019 to 2023, indicating strong global confidence in the sector.

MahaRERA reports that the success rate of agreements between developers and homebuyers is approximately 50%

MahaRERA's conciliation forum boasts a 35-50% success rate in resolving disputes between homebuyers and developers, handling over 1,200 cases since 2018.

PMAY - Pradhan Mantri Awas Yojana

Pradhan Mantri Awas Yojana (Urban), launched in 2015 to provide housing for all in urban areas, has been extended to December 31, 2024, to complete approved houses.

Understand the Maharashtra Ownership of Flats Act: Explain Your Rights!

The Maharashtra Apartment Ownership Act of 1970 establishes legal rights for apartment owners, including transferable and heritable ownership. It also facilitates the formation of associations to oversee residential welfare and rights.

Noida Authority to launch 122 residential plots during Navaratri 2021

Noida Authority is set to launch a residential scheme featuring 122 plots across 18 sectors, capitalizing on positive market sentiment during the festive season.

New inspection rules during flat transfer- Chandigarh Housing Board

Chandigarh Housing Board (CHB) implements new inspection rules for flat transfers to protect innocent buyers. Board officials will not inspect a dwelling during transfer unless violation notices are issued.

6 month extension to builders to deliver projects-MahaRERA

MahaRERA grants a six-month extension to real estate projects due to the pandemic's second wave, invoking the force majeure clause for projects expiring after Apr 15, 2021.

CREDAI-MCHI urges Maharashtra Government to cut stamp duty to 2%

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.

Notice issued to 30 Residential towers in Gurugram!

Gurugram authorities issued show cause notices to over 20 residential property owners in Uppal Southend and Palam Vihar for conducting unauthorized commercial activities.

Flats sales of Rs 300 crore by Tata Housing

Tata Housing reports rapid sales of over 200 flats valued at approximately Rs 300 crore in Gurgaon, signaling strong demand for its project La Vida.

Members of NAREDCO promised to invest Rs 90,000 crore in Haryana

NAREDCO members pledge ₹90,000 crore investment in Haryana over five years. Focus on affordable housing, residential and commercial sectors. DLF, M3M lead investments.

Prestige Group has won FIABCI award

India’s second-largest reputed developers, Prestige Group, have won the FIABCI World Prix d’Excellence award, showcasing their leadership in the real estate market.

DLF beats slowdown with 140 pc sales jump

DLF achieved Rs 2,684 crore in sales bookings during H1 FY14, surpassing the previous year's figures. Experts commend DLF's strategic focus on premium, high-margin projects.

Decline in recovery of stolen property

A National Crime Records Bureau (NCRB) survey reveals a decline in property sales recovery in India. Maharashtra experienced a sharp drop, while Andhra Pradesh showed the best recovery rate.

Govt to curb down on fraud in property deeds

New norms are drafted by the stamp duty and registration department to reduce the increasing property transaction frauds. Individuals authentication and birthmarks declaration are added.

Salarpuria Sattva Group eyeing to enter Coimbatore real estate market

Salarpuria Sattva Group ventures into Coimbatore's real estate market, focusing on affordable housing between the railway station and airport, amidst industry growth and unsold inventory.

CCTVs obligatory for housing societies in Gurgaon

Gurgaon administration mandates CCTV installation in residential societies, pubs, and bars. Cameras must be at entry/exit points with 30-day storage. Residents and police laud this security boost.

Karnataka issues ordinance to regularize illegal construction

Karnataka's government moves to regularize illegal buildings through the Akrama-Sakrama scheme, expanding the cutoff date for applications to end of 2013.

Fight between Civic body & developers’ floods Real Estate Hub

Bhubaneswar's outskirts face severe waterlogging due to poor planning and inadequate drainage systems, impacting high-rise buildings and new residential areas.

L&T bags Rs 1,337 cr deal from DLF

L&T secures a Rs 1,337 crore contract from DLF for 'The Crest,' a new residential project in Gurgaon, featuring 765 units with 250 already sold.