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Real Estate

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Housing prices up by around 20% in the last two years across 8 major cities

Published on Feb 28, 2024 08:51 PM IST
Bengaluru, Delhi NCR, and Kolkata have witnessed the highest rise in average housing prices at about 30% in 2023 compared to 2021 levels. (REPRESENTATIVE PHOTO)

Promoters of pharma firm buy bungalow in Mumbai for 101 crore

Promoters of a pharmaceutical manufacturing firm, Macleods Pharmaceuticals, Girdhari Lal Bawri, Rajendra Agarwal and Banwari Lal Bawri, have purchased a bungalow in Juhu, Mumbai, for 101 crore. (Picture for representational purposes only) (AFP)
Published on Feb 28, 2024 05:39 PM IST

India's super rich put 32% of their wealth in residential assets: Report

As many as 32% of India’s ultra-high-net-worth individuals’ wealth is allocated towards residential real estate asset class. (Picture for representational purposes only)
Published on Feb 28, 2024 03:48 PM IST

Mumbai is now among the world's top 10 luxury real estate markets

Mumbai is now among the top 10 luxury residential markets in the world. The city is ranked at number 8 globally in terms of price growth in luxury housing (HT PHOTO)
Published on Feb 28, 2024 08:54 PM IST

Noida to lift ban on registration of apartments in sports city project

The move will benefit thousands of homebuyers who are suffering for the last three to four years after the authority, in 2021, had imposed the ban in view of the comptroller and auditor general (CAG) audit. (Sunil Ghosh/HT Photo)
Updated on Feb 28, 2024 09:16 AM IST

Realtors acquire 1,947 acres of land valued at 32,203 crore in CY2023

Real estate developers acquired a total of 1,947 acres of land valued at 32,203 crore in 111 separate deals in CY2023.
Published on Feb 27, 2024 02:41 PM IST

Why are rich Indians buying properties before the close of the financial year?

There’s a surge in the number of luxury property deals getting registered across the country just before the financial year comes to an end. The ticket size of these properties range from 10 crore to more than 100 crore
Published on Feb 27, 2024 01:35 PM IST

Relief to home buyer: Palais Royale builder told to maintain status quo

Relief to homebuyer: Palais Royale builder in Mumbai told to maintain status quo
Updated on Feb 27, 2024 10:07 AM IST

Builders agree to pay dues, 13,600 flats to be registered

The 35 projects in Noida where registries will take place include Hyde Park in Sector 78, Prateek Fedora in Sector 61, Apex Homes in Sector 75, and Gulshan Homes in Sector 144, among others (HT Archive)
Updated on Feb 27, 2024 09:48 AM IST

Godrej Properties wins bid for group housing plot for 506 crore in Noida

Godrej Properties wins bid for group housing plot for 506 crore in Sector 44, Noida, (HT Archive) (Picture for representational purposes only)
Published on Feb 26, 2024 11:02 PM IST

After Amrapali, NBCC exploring more stressed real estate project options

After handing over stressed housing units in Amrapali projects in Noida and Greater Noida, NBCC, is now examining a few options in NCR and Mumbai to provide relief to thousands of distressed buyers. Picture for representational purposes only. (Photo by Sunil Ghosh / Hindustan Times)
Published on Feb 26, 2024 02:57 PM IST

GST Council may soon clarify tax exemption to RERA

The GST Council is likely to soon clarify that Real Estate Regulatory Authority (RERA) will not be required to pay Goods and Services Tax (GST), an official said.
Published on Feb 26, 2024 09:42 AM IST

Niranjan Hiranandani, Dubai-based son Darshan summoned by ED. What's the case?

Founder & MD, Hiranandani Group Dr. Niranjan Hiranandani
Published on Feb 26, 2024 09:13 AM IST

DLF to launch properties worth almost 80,000 crore over the next 3-4 years

(FILE PHOTO) Real estate major DLF plans to launch properties spanning approximately 32 mn sq ft with a sales potential of almost 80,000 crores over the next 3-4 years. (Photo by Parveen Kumar/ Hindustan Times)
Published on Feb 26, 2024 10:00 AM IST

Haryana RERA warns Gurugram realtors of penalty for not filing progress reports

Haryana’s real estate regulatory authority has asked real estate developers to file Quarterly Progress Reports (QPR) and Annual Audit Reports (AAR) without delay to avoid penalties.
Published on Feb 26, 2024 07:30 PM IST

Vijay Singhal appointed as CIDCO’s new managing director

Singhal is an Indian Administrative Service (IAS) officer from the 1997 batch. (CIDCO Ltd | Official X account)
Published on Feb 25, 2024 09:19 PM IST

Suhana Khan buys farmland in Alibaug for 9.5 crore

Suhana Khan made her film debut with The Archies. Shah Rukh Khan's daughter has purchased the Alibaug farm land for 9.5 crore,
Published on Feb 25, 2024 06:35 PM IST

ASK Property Fund, Trevoc group jointly invest 200 cr in a Gurugram project

(File Pic) ASK Property Fund, the real estate private equity arm of Blackstone- backed ASK Asset & Wealth Management Group, will invest 120 crore in TREVOC’s luxury residential project in Gurugram (Photo by Parveen Kumar/Hindustan Times) (Picture for representational purposes only)
Published on Feb 22, 2024 10:49 PM IST

NBCC to develop 13,250 premium flats in 5 Amrapali projects in Greater Noida

The government’s construction arm NBCC said on February 22 that it will be developing 13,250 premium apartments in five ongoing projects of Amrapali in Greater Noida.
Published on Feb 22, 2024 09:54 PM IST

Mahindra Lifespaces sells sustainable homes worth 800 cr in Mumbai

Mahindra Lifespace Developers Ltd has sold inventory in its first net zero waste and energy homes project in Kandivali East, Mumbai, worth 800 crore. (Picture for representational purposes only)
Published on Feb 22, 2024 08:14 PM IST

Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023

The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment leasing across seven Indian cities in 2023.
Published on Feb 22, 2024 02:28 PM IST

ED searches premises linked to Hiranandani Group over FEMA violations

Representational image.
Updated on Feb 22, 2024 09:52 PM IST

Logistics and industrial leasing crosses 50 mn sq ft mark in the last two years

Logistics and industrial leasing in India has crossed the 50 m sq ft mark in the last two years on the back of strong economic and industry fundamentals (Picture for representational purposes only)
Published on Feb 22, 2024 11:23 AM IST

Yashasvi Jaiswal buys dream home in Mumbai for 5.38 crore

Cricketer Yashasvi Jaiswal has purchased an apartment in X (Ten) Bandra Kurla Complex in Mumbai for 5.38 crore
Published on Feb 22, 2024 09:27 AM IST

Revamp gathers pace to create a modern Meharchand Market

MCD’s building department has cleared the new building plans for more than 40 units in the market. (Sanchit Khanna/HT photo)
Updated on Feb 22, 2024 09:29 AM IST

Delhi Metro sets up new command centre

The new OCC will control the Yellow and Blue Lines and the under-construction Golden Line. (HT Photo)
Updated on Feb 22, 2024 09:31 AM IST

London’s iconic BT Tower in £275 million sale to hotel owner MCR

FILE PHOTO: A view of BT Group logo displayed on BT tower, in London, Britain, July 21, 2023. REUTERS/Hollie Adams/File Photo
Published on Feb 21, 2024 09:49 PM IST

NBCC gets approval from Greater Noida Authority to develop 5 Amrapali projects

The government’s construction arm NBCC has received approval from Greater Noida Authority to develop unused and purchasable floor area ratio (FAR) in five Amrapali projects worth 10,000 crore (HT Archive)
Published on Feb 21, 2024 09:14 PM IST

DLF flat in Gurugram sold for 95 crore. Here are the details

A 10,000 sq ft apartment at The Camellias by DLF in Gurgaon's posh Golf Course Road has sold for 95 crore
Published on Feb 25, 2024 06:38 PM IST

Bengaluru, Hyderabad account for 60% total Global Capability Centres demand

Bengaluru, Hyderabad, and Chennai have become key Global Capability Centre hubs, said a Colliers report.
Updated on Feb 22, 2024 07:40 AM IST
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