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Sebi issues framework for fast-track follow-on offer by REITs, InvITs

Updated on Mar 28, 2025 07:41 PM IST

Markets regulator Sebi on March 28 came out with a framework for undertaking fast-track follow-on offers by REITs and InvITs to make fundraising more efficient.

Markets regulator Sebi on Friday came out with a framework for undertaking fast-track follow-on offers by REITs and InvITs to make fundraising more efficient. (Photo for representational purposes only) (Shutterstock)
PTI |

Brigade Group to develop luxury apartments, senior homes in Mysuru

Brigade Group said the project in Mysuru will include 25% senior living spaces and 75% luxury apartments

Bengaluru-based listed real estate developer Brigade Group has signed a Joint Development Agreement (JDA) for a new luxury residential project in Mysuru and expects <span class='webrupee'>₹</span>300 crore revenue from it, the company said. (Photo for representational purposes only)(File Photo )
Published on Mar 28, 2025 06:37 PM IST

J and K govt exempts stamp duty on property transfers executed through Gift Deed

The Jammu and Kashmir government has announced an exemption on stamp duty for property transfers via gift deeds among blood relatives, effective April 1, 2025

Jammu and Kashmir govt exempts stamp duty on property transfers executed through Gift Deed between blood relatives. (Representational photo)(Pixabay)
Published on Mar 28, 2025 05:36 PM IST

Bangkok rooftop pool overflows as buildings sway from Myanmar earthquake

Powerful earthquakes hit Myanmar, shaking Bangkok. A viral video shows water spilling from a rooftop pool as buildings sway.

Strong Myanmar quakes shook Bangkok, causing rooftop pool water to spill.(X/@mindthrust)
Published on Mar 28, 2025 03:30 PM IST

Zydus Family Trust buys 200 crore luxury apartment in Mumbai's Worli

Mumbai real estate update: The 17,384-sq ft apartment is located in Oberoi Three Sixty West, a luxury project by Oberoi Realty

Mumbai real estate: The Zydus Family Trust, associated with Zydus Lifesciences Limited (formerly Cadila Healthcare Limited), a leading Indian pharmaceutical company, has purchased a <span class='webrupee'>₹</span>200 crore luxury apartment(Mehul R Thakkar/HT)
Updated on Mar 28, 2025 03:30 PM IST

Bangkok skyscraper reduced to rubble after strong tremors from Myanmar earthquak

A Bangkok skyscraper collapsed after a 7.7-magnitude quake hit Myanmar, followed by a 6.4 aftershock.

A powerful quake in Myanmar caused a Bangkok skyscraper to collapse.(X/@sumitagarwal_IN)
Updated on Mar 28, 2025 01:41 PM IST

Trump Organization eyes multi-billion-dollar projects in Vietnam

Trump Organization and its partner in Vietnam are working on multiple investments worth billions of dollars in golf courses, hotels and real estate projects 

The Trump Organization and its partner in Vietnam are working on multiple investments worth billions of dollars in golf courses, hotels and real estate projects in the Southeast Asian country, a spokesman for the consortium told Reuters (Representational photo)(Pixabay)
Updated on Mar 28, 2025 11:56 AM IST
Reuters |

Is Bengaluru a top investment choice for NRIs with prices matching New York?

With Bengaluru property prices nearing London and New York, a Reddit debate questions if NRIs should continue investing in the tech hub's real estate market

Bengaluru real estate market: Should NRIs invest in the IT capital's real estate market? Redditors weigh in. (Representational Image)(Pexel )
Published on Mar 28, 2025 11:34 AM IST

Godrej Properties sells 90 flats worth over 1,000 crore in Gurugram

Godrej Astra is  located in Gurugram's Golf Course Road micro-market and spread over around 2.76 acres, the company said in a regulatory filing

Godrej Properties Limited (GPL) announced on March 28 that it has sold around 90 homes worth over <span class='webrupee'>₹</span>1,000 crores at its luxury project, Godrej Astra in Gurugram. (Picture for representational purposes only)(Pixabay)
Published on Mar 28, 2025 11:23 AM IST

Woman sues developers over over 16.6 crore flat for missing bathtub

A woman who purchased a luxury Versace-designed apartment in London for ₹16.6 crore has taken legal action against the developers.

She sold her previous residence in 2019 to fund the purchase. (Pexel)
Updated on Mar 28, 2025 09:49 AM IST
BySimran Singh

Bengaluru real estate: Is Devanahalli the IT capital’s Gurugram in the making?

Devanahalli is transforming into a real estate hub, driven by infrastructure development and tech investments. Experts say it could become Bengaluru's Gurugram 

Bengaluru real estate: With projects like the Kempegowda International Airport, the Satellite Town Ring Road (STRR), and the proposed IT and business parks, Devanahalli is gradually evolving into a prime investment hub. (Representational Image)(Unsplash )
Published on Mar 28, 2025 09:18 AM IST

Will the proposed circle rate hike increase property prices in Noida and Jewar?

The proposed circle rate increase in Noida, Greater Noida, and Jewar targets rising property prices. Experts predict higher transaction costs may impact sales

Will the proposed circle rate hike make property prices more expensive in Noida and Jewar? (Representational photo)(Pixabay)
Published on Mar 28, 2025 08:00 AM IST

IBM leases 1.1 lakh sq ft of office space from Table Space in Bengaluru

IBM has leased around 1.1 lakh square feet of office space from Table Space at DivyaSree Greens, a custom-made campus located in Bengaluru, sources told HT.com.

IBM leases 1.1 lakh sq ft of office space from Table Space in Bengaluru. (Picture for representational purposes only)(Table Space)
Published on Mar 27, 2025 09:22 PM IST

Amit Rathi buys luxury flat in Mumbai for 90 cr in India's tallest building

Mumbai real estate: Amit Rathi has purchased a 7685 sq ft luxury apartment in the Palais Royale building for ₹1.17 lakh per sq ft, documents showed

Mumbai real estate update: Amit Rathi, co-founder of QiCAP.AI, has purchased a luxury apartment worth almost <span class='webrupee'>₹</span>90 crore in India's tallest building, Palais Royale.(HT Files)
Updated on Mar 28, 2025 08:05 AM IST

Bengaluru homebuyers urge Karnataka RERA to adopt project closure policy

Bengaluru homebuyers are pressing for a project closure policy, arguing that a occupancy certificate is insufficient for confirming project completion

Receipt of Occupancy Certificate alone does not mark real estate project's completion, Bengaluru homebuyers urge KRERA to notify project closure policy. (Representational Image)(Souptik Datta )
Published on Mar 27, 2025 06:13 PM IST

Goa Budget 2025 proposes an affordable housing policy

Chief Minister Pramod Sawant, while presenting the Goa Budget 2025-26, said the government will introduce housing policy for providing affordable housing  

Goa Chief Minister Pramod Sawant has said that the government will develop a comprehensive housing policy to provide affordable housing for Goans through the Goa Housing Board.((PTI Photo))
Updated on Mar 27, 2025 04:52 PM IST

Can landowners approach MahaRERA for relief in disputes with developers?

A landowner in Kalyan, near Mumbai, approached MahaRERA, alleging incomplete payments by a developer for purchased land

MahaRERA update: The Maharashtra Real Estate Regulatory Authority has clarified in a recent order that a landowner does not qualify as an allottee. (Picture for representational purposes only) (Pexels)
Published on Mar 27, 2025 04:20 PM IST
ByMehul R Thakkar

Gautam Budh Nagar circle rate hike: What it means for homebuyers

The UP govt has also proposed a location-based charge: a 5% hike for properties near metro stations and a 7.5% increase for those along the expressway

For the first time in nine years, the Uttar Pradesh Stamp and Registration Department is considering an increase of 20% to 70% in circle rates. (Representational photos)(Sunil Ghosh / Hindustan Times)
Published on Mar 27, 2025 11:44 AM IST

Bengaluru’s Ozone Urbana homebuyers on why they withdrew Rera cases

Bengaluru Real Estate: Ozone Urbana homebuyers, including senior citizens, have withdrawn cases from KRERA after a prolonged legal battle 

Ozone Urbana, a residential project launched over 13 years ago in Bengaluru, remains incomplete, leaving homebuyers, including senior citizens, stranded and uncertain about their investments.
Published on Mar 26, 2025 05:55 PM IST

Pharma firm's CEO buys three luxury apartments in South Mumbai for over 72 cr

Mumbai real estate: Pharma company Althera’s CEO has bought three luxury apartments in South Mumbai's Raheja Modern Vivarea

Global pharma firm Althera’s CEO has purchased three luxury apartments worth over <span class='webrupee'>₹</span>72 crore in Raheja Modern Vivarea, according to property registration documents. (Picture for representational purposes only)(Pixabay)
Updated on Mar 26, 2025 05:04 PM IST
ByMehul R Thakkar

Adani Group keen to acquire Jaiprakash Associates by insolvency: Sources

Business conglomerate Adani Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process, according to sources

Business conglomerate Adani Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process, according to sources. (Sunil Ghosh/HT Photo (representational image))
Published on Mar 26, 2025 04:49 PM IST
PTI |

Sebi keeps flexible workspace operator WeWork India's IPO in abeyance

The Embassy Group-promoted firm, which filed its draft IPO papers on January 31, planned to offer 4.37 crore shares through an Offer for Sale (OFS) route.

Sebi has put the initial public offering (IPO) of premium flexible workspace operator WeWork India Management Ltd in
Published on Mar 26, 2025 04:26 PM IST
PTI |

Bengaluru property owners owe civic body BBMP 390 crore in unpaid taxes

Bengaluru real estate: 3.49 lakh property owners have not paid taxes to civic body BBMP, totalling ₹390 crore

Bengaluru's 3.49 lakh property owners, out of a total of 20.5 lakh, have not paid their property taxes to the municipal corporation Bruhat Bengaluru Mahanagara Palike and owe <span class='webrupee'>₹</span>390 crore to BBMP (Representational Image)(Pexel )
Published on Mar 26, 2025 01:54 PM IST

Godrej Properties acquires 6.54 acres in Navi Mumbai for 717 crore

Mumbai real estate: Godrej Properties had announced earlier that it has emerged as the highest bidder at a CIDCO auction for three contiguous land parcels

Godrej Properties Ltd (GPL) has acquired three contiguous land parcels spanning 6.54 acres in Navi Mumbai's Kharghar area on a 60-year lease for <span class='webrupee'>₹</span>717 crore (Representational photo)(Pixabay)
Updated on Mar 26, 2025 12:26 PM IST

Trump Organization enters India’s office space: What does it mean for Pune?

Trump World Center launch in Pune is set to cater to the premium office space segment and fuel demand for small working spaces

Pune real estate market update: The Trump Organization’s entry into India’s commercial office space market has been announced with the launch of Trump World Center in Pune. (Picture for representational purposes only)(Tribeca Developers)
Updated on Mar 26, 2025 08:42 AM IST
ByMehul R Thakkar

Bengaluru real estate: Ozone Urbana homebuyers withdraw cases from KRERA

Ozone Urbana homebuyers have charged KRERA with being ‘ineffective in delivering justice. ' They now plan to move the High Court for resolution.

Homebuyers of the Ozone Urbana project in Bengaluru have withdrawn all seven cases filed with the Karnataka Real Estate Regulatory Authority (KRERA) after experiencing prolonged delays in securing relief for their stalled apartments. (Representational Photo)(Unsplash)
Published on Mar 25, 2025 07:36 PM IST

Dharavi Redevelopment Survey enters final phase; Over 63,000 tenements surveyed

Dharavi Redevelopment Project CEO, SVR Srinivas, said that the survey has entered its final phase and that the data indicate support from Dharavi residents

Dharavi's redevelopment survey has entered the final phase with more than 63,000 tenements having already been surveyed, according to a statement issued by Navbharat Mega Developers Private Limited (NMDPL). (Representational photo)(Bloomberg)
Published on Mar 25, 2025 06:47 PM IST

CitiCorp Services India Pvt Ltd leases 7.7 lakh sq ft office space in Pune

CitiCorp Services India Pvt Ltd has leased commercial office space in Panchshil Business Hub, at Kharadi, in Pune, spread across 10 floors

Pune real estate update: Panchshil Business Spaces Pvt Ltd has leased over 7.71 lakh sq. ft. to CitiCorp Services India Pvt Ltd for approximately 10 years. (Picture for representational purposes only)(Pexels)
Updated on Mar 25, 2025 06:20 PM IST
ByMehul R Thakkar

Cricketer Suryakumar Yadav buys 21.1 crore luxury flats in Mumbai’s Godrej Sky

Mumbai real estate news: Cricketer Suryakumar Yadav and his wife have bought two apartments in Godrej Sky Terraces in Mumbai's Deonar area

Cricketer Suryakumar Yadav and his wife, Devisha Yadav, have purchased two luxury apartments in Mumbai’s Deonar area for <span class='webrupee'>₹</span>21.1 crore, according to property registration documents reviewed by Square Yards. (In photo: Yadav addressing press conference)(PTI)
Published on Mar 25, 2025 01:42 PM IST

Godrej Properties sells homes worth over 1000 crore in its Hyderabad project

Godrej Properties said it has sold over 300 homes in its project 'Godrej Madison Avenue' in Kokapet in Hyderabad within a few weeks of launching the project

Listed real estate developer Godrej Properties Ltd has sold homes worth over <span class='webrupee'>₹</span>1,000 crores with a total area of over 0.84 million sq ft in its first housing project in Hyderabad that it launched earlier this year, the company said. (Representational photo)(Pixabay)
Published on Mar 25, 2025 11:25 AM IST
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