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Vandana Ramnani

Vandana Ramnani is editor, real estate, HT Digital. She has reported extensively on residential and commercial real estate. She can be reached at vandana.ramnani@htdigital.in

Articles by Vandana Ramnani

Delhi-NCR real estate deal: DLF flat in Gurgaon sold for 95 crore

Realty consultants said that the real estate deal in The Camellias by DLF has narrowed the price difference of properties in Delhi and Gurugram

A 10,000 sq ft apartment at The Camellias by DLF in Gurgaon's posh Golf Course Road has sold for <span class='webrupee'>₹</span>95 crore
Published on Feb 21, 2024 05:16 PM IST

B'luru, Hyderabad account for 60% of the total Global Capability Centres demand

Global Capability Centres to lease 45-50 msf of Grade A office space by 2025; GCCs steadily adopting flex spaces, with approximately 5-10% of flex seats

Bengaluru, Hyderabad, and Chennai have become key Global Capability Centre hubs, said a Colliers report.(PTI Photo)
Published on Feb 21, 2024 11:41 AM IST

Mrunal Thakur purchases 2 flats in Mumbai from Kangana Ranaut’s family

The jodi flats located in Mumbai's Andheri West area were registered on January 25, 2024, registration documents showed

Actor Mrunal Thakur along with her father have bought two apartments worth <span class='webrupee'>₹</span>10 crore from Kangana Ranaut's family in Mumbai’s Andheri West area,
Published on Feb 20, 2024 08:42 PM IST

Here’s why realtors are making a beeline for redevelopment projects in Mumbai

Mumbai real estate market: Listed realtors are picking up redevelopment projects in Mumbai because they have the financial wherewithal to execute such projects

Mumbai real estate market: Mumbai has of late been witnessing a surge in housing society redevelopment projects with several listed real estate developers picking up old buildings in the land starved city.(HT Photo)
Published on Feb 20, 2024 09:42 AM IST

Relief for homebuyers: Allotted flats will not be part of liquidation process

Earlier, homebuyers who had been allotted flats before the realty firm became insolvent, were left with no remedy except for being entitled to a refund

The Insolvency and Bankruptcy Board of India, in its latest amendment, has said that assets in a real estate project that have been handed over to the allottees would be exempted from liquidation process. (Picture for representational purposes only)(Pixabay)
Published on Feb 18, 2024 09:55 AM IST

Karnataka Budget 2024: Properties in B'luru to get digital ownership documents

Karnataka Budget 2024 also focuses on multi-modal integration of public transport to reduce traffic congestion and pollution

Karnataka Chief Minister Siddaramaiah speaks inside Karnataka Legislative Council in Bengaluru.(PTI)
Updated on Feb 17, 2024 08:06 AM IST

Bandhan Bank purchases 12 commercial units for 135 crore in Mumbai's BKC

Bandhan Bank has purchased 12 commercial units spread across two floors in Bandra Kurla Complex in Mumbai from four sellers

Bandhan Bank Ltd has purchased 12 commercial units in INS Tower, Bandra Kurla Complex, in Mumbai for <span class='webrupee'>₹</span>135.64 crore, (Hindustan Times)
Published on Feb 16, 2024 07:37 PM IST

Gurugram Metro project: Will it lead to an increase in real estate prices?

Gurugram Metro will connect Old Gurugram with New Gurugram leading to a rise in real estate prices in some sectors.

The 28.5 km Metro project in Gurugram to be developed at a cost of about <span class='webrupee'>₹</span>5,450 crore seeks to connect Old Gurgaon with New Gurgaon, thereby improving connectivity to the central business districts and reducing traffic congestion. (Picture for representational purposes only) (HT Archive)(HT Archive)
Updated on Feb 16, 2024 03:43 PM IST

Brigade Group plans to launch more than 6.5 mn sq ft of housing projects

Pavitra Shankar, MD, Brigade Enterprises Limited, said that while the focus will be on South Indian markets, it may evaluate Delhi-NCR and Mumbai at some point

Bengaluru-based listed real estate company Brigade Group plans to launch more than 6.5 mn sq ft of residential projects this fiscal,(Kashif Masood)
Published on Feb 15, 2024 09:52 AM IST

Luxury housing sales record 75% growth in 2023 on the back of robust demand

The luxury housing segment is also an attractive investment avenue for high net worth individuals and non-resident Indians. the report said

Sales of luxury homes priced <span class='webrupee'>₹</span>4 crore and above have recorded a 75% Y-o-Y growth in sales in 2023 on the back of robust demand with Delhi-NCR recording the highest surge of 197% Y-o-Y. (Picture for representational purposes only)(Pixabay)
Published on Feb 14, 2024 02:25 PM IST

Looking to gift your wife an apartment this Valentine’s Day? Remember these tips

Valentine's Day gift for wife: If you are planning to gift your spouse a luxury flat this Valentine’s Day, make sure the gift deed is registered

A brand new flat for your wife this Valentine's Day? Opt for a completed project rather than an ongoing one. Make sure a gift deed has been signed by the husband and attested by at least two witnesses. (Picture for representational purposes only) (Pixabay)
Published on Feb 14, 2024 09:15 AM IST

Jaypee Infratech's monitoring panel seeks NCLT direction to implement reso plan

Jaypee Infratech has also said there would be a delay in filing of its annual results for 2022-23 fiscal and for the first three quarters of the current year

The five-member monitoring committee set up to oversee the Jaypee Infratech insolvency process has moved the NCLT seeking an appropriate direction for the smooth and effective implementation of the resolution plan that was approved in March 2023.. (Sunil Ghosh/HT Photo)(Sunil Ghosh)
Published on Feb 13, 2024 02:13 PM IST

Anant Raj Ltd to develop luxury housing project in Gurugram

The luxury housing project by Anant Raj will have a saleable area spanning over one million square feet, including a 40,000 sq ft club

Delhi-based listed real estate developer Anant Raj Ltd plans to develop a luxury group housing project in Gurugram with a revenue potential of approximately <span class='webrupee'>₹</span>1800 crore.
Published on Feb 13, 2024 11:39 AM IST

Will Canada’s housing ban on foreigners impact non-Canadian resident Indians?

The extension of the ban means that Indian investors may have to look elsewhere for investment opportunities or wait until the ban is lifted, say realty experts

A home for sale in Toronto, Ontario, Canada. (Bloomberg)(Bloomberg)
Published on Feb 09, 2024 10:41 AM IST

Real estate sector welcomes RBI’s decision to keep repo rates unchanged at 6.5%

This breather by the Reserve Bank of India allows homebuyers to continue enjoying low interest rates and improves their affordability levels, said experts.

RBI governor Shaktikanta Das announced that the repo rate remained unchanged for the sixth time in a row.(REUTERS)
Published on Feb 08, 2024 12:10 PM IST

Axis Bank leases 81000 sq ft in Mumbai for 5 yrs at a monthly rent of 85 lakh

Axis Bank has paid a security deposit of ₹5.12 crore for the deal that was registered on January 31, 2024, the leave and license agreement showed

Axis Bank Ltd has leased 81,000 sq ft of commercial space in the Parle Product Factory Compound, Vile Parle, Mumbai for five years. REUTERS/Danish Siddiqui/File Photo(REUTERS)
Published on Feb 06, 2024 05:53 PM IST

Govt working on the scheme to help middle class purchase homes: Housing Secy

The MoHUA secretary said at the Naredco conference that the real estate sector has a critical role in the country becoming a $30 trillion economy by 2047

The government is
Published on Feb 02, 2024 09:02 PM IST

Zomato’s Deepinder Goyal buys land in Delhi’s Mehrauli for 50 crore

Goyal has paid a stamp duty of ₹3.50 crore on the deal, the documents accessed by CRE Matrix showed.

Deepinder Goyal, co-founder and CEO of the online food delivery firm, Zomato has bought a plot in Delhi’s Mehrauli area for <span class='webrupee'>₹</span>50 crore, documents shared by CRE Matrix showed. (twitter.com/deepigoyal)
Published on Feb 02, 2024 05:04 PM IST

Real Estate Budget 2024: Focus on infra, new housing scheme for the middle class

New housing scheme for the middle class to boost residential demand as well as supply; infrastructure upgrade to fuel growth in Tier 2 and Tier 3 cities.

MahaRERA, the real estate regulator of Maharashtra has asked a builder to obtain the occupancy certificate for his building within three months or pay an interest amount to the complainant who is a resident of the building.(HT File / Representative Photo)
Updated on Feb 01, 2024 07:30 PM IST

Real Estate Budget 2024: Govt to launch housing scheme for the middle class

In her Budget 2024 speech, the FM said that the government will also support construction of 2 crore more houses in the next five years under PMAY (Rural)

Government to launch <span class='webrupee'>₹</span>2 crore more housing units in the next five years under the PM Awas Yojana (Rural): Budget 2024(Pixabay)
Published on Feb 01, 2024 12:32 PM IST

Real Estate Budget 2024: 8 things the sector expects from the Finance Minister

The real estate sector's Budget 2024 wish list includes an expansion of the definition of affordable housing, industry status and tax sops for homebuyers

The real estate sector's wish list for Budget 2024 includes expansion of the definition of affordable housing, industry status for the real estate sector, tax sops for homebuyers as well as developers. (HT Photo)
Published on Feb 01, 2024 07:02 AM IST

Co-working firms want Budget 2024 to provide for ITC, allow green credits

Flexible workspace providers want Budget 2024 to enable them to claim input credit on work contract and construction services

Co-working firms are hoping that Budget 2024 will provide benefits such as lower goods and services tax, input tax credit and sops for companies that adopt energy efficient practices(Pixabay)
Published on Jan 31, 2024 10:59 AM IST

Barclays leases office space for 5 years at 2.08 crore per month in Mumbai

Barclays has paid a security deposit of ₹12.48 crore for the deal. The lease deeds were registered on January 24, 2024, the documents showed

Barclays has leased 64,995 sq. ft. in a building known as Altimus in Worli, Mumbai, for five years at a starting monthly rent of <span class='webrupee'>₹</span>2.08 crore.
Published on Jan 30, 2024 05:01 PM IST

Is capital appreciation the key motivation for realty investors to buy property?

As many as 71% rich Indians want to invest in property in the next two years and capital appreciation is the primary driver for real estate investment

Capital appreciation has overtaken lifestyle upgrade as the primary motivation for real estate investment, signaling the return of investors to the market. (Pixabay)
Published on Jan 30, 2024 11:57 AM IST

Can Indian real estate market face a crisis like China's Evergrande?

Evergrande: The crucial difference between China and India's real estate markets is that India's property market has shown stable demand from homebuyers

A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China's Hainan province.(AP)
Updated on Jan 30, 2024 10:30 AM IST

Are gods smiling for realty investors in Ayodhya, Varanasi, other temple towns?

Property rates in Ayodhya today are perhaps the highest compared to other temple/pilgrimage towns across the country

Places of religious interest across the country have attracted both domestic as well as international buyers. Ayodhya town (HT File Photo)
Updated on Jan 28, 2024 01:33 PM IST

Bollywood director buys apartment in Mumbai's suburbs for 35.50 crore

The duplex is located in Goregaon and comes with six covered car parking spaces, the registration documents showed.

Writer, director and producer, Krishna Kuppuswami Dasarakothapalli, known for films such as 'Go Goa Gone Go Goa Gone', has bought a duplex in Mumbai's suburbs for <span class='webrupee'>₹</span>35.50 crore.
Published on Jan 25, 2024 10:34 PM IST

DLF enters into an agreement to acquire land parcel in Gurugram for 825 crore

The land parcel has a development potential of 7.5 mn sq ft, the company said in a regulatory filing

Real estate major DLF Ltd has entered into an agreement to acquire a 29-acre land parcel in Gurugram <span class='webrupee'>₹</span>825 crore.. (Picture for representational purpose only)
Published on Jan 25, 2024 09:43 PM IST
PTI | By

EaseMyTrip co-founder buys property in Gurgaon worth 100 crore

The total land area of the Gurgaon plot is 43,594 sq. ft and the total built-up area is 1,00,429 sq. ft, the registration documents showed

Co-founder of a travel and tourism platform EaseMyTrip, Rikant Pitti, has purchased a commercial property in Gurgaon for <span class='webrupee'>₹</span>99.34 crore,(Source: X)
Updated on Jan 25, 2024 11:25 PM IST

Forbes Global Properties plans to develop projects in Mumbai, Delhi and Goa

India Forbes Global Properties is expected to develop a100-acre mixed-use project in Navi Mumbai; In talks for a commercial project in Delhi near the airport

US-based Forbes Global Properties on January 25 announced its foray into the Indian real estate market to offer brokerage services for luxury homes
Published on Jan 24, 2024 09:48 PM IST
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