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Buy now, pay later scheme takes centrestage this festive season in Mumbai

Flexi payment plans are the flavour this Ganesh Chaturthi in Mumbai. They allow potential homebuyers to pay only 10% to 20% upfront

Ganesh Chaturthi 2024 marks the start of the festive season when several real estate developers and brokers gear up to offer schemes and discounts to prospective homebuyers in Mumbai market. (Picture for representational purposes only)(Mehul R Thakkar/HT)
Published on Sep 07, 2024 02:29 PM IST
ByMehul R Thakkar

Deloitte leases 80,000 sq ft space in Oberoi Commerz building in Mumbai

Deloitte Shared Services India LLP has leased the commercial space for five years, according to the leave and license agreement shared by Propstack. 

Deloitte Shared Services India LLP has leased 80,849 sq ft of office space at the Oberoi Commerz III building in Mumbai at a monthly rent of <span class='webrupee'>₹</span>2.09 crore a month (Representational photo) (Unsplash)
Published on Sep 06, 2024 06:46 PM IST

Planning to invest in a land parcel near Mumbai? Here’s what you should know

Real estate developers like Rustomjee Group, Godrej Properties, House of Abhinandan Lodha, and others have launched plotted development projects near Mumbai

Several real estate developers across Maharashtra have launched plotted development and villa projects across the state, especially in areas such as Lonavala, Khandala near Pune, Dapoli in Konkan region of Maharashtra. (Picture for representational purposes only)(Mehul R Thakkar/HT)
Published on Sep 06, 2024 04:05 PM IST
ByMehul R Thakkar

Potential SM REITs market in India likely to exceed $60 billion by 2026: Report

At 75 mn sq ft, Mumbai leads the potential SM REIT-ready completed stock across the top seven real estate markets as of June 2024, the report said

India's potential small and medium REITs market likely to exceed $60 billion by 2026 (Representational photo)(Pexels)
Published on Sep 06, 2024 01:30 PM IST

Noida Authority begins attaching unsold flats of defaulting realtors

Noida Authority has given a week’s ultimatum to the developers of 12 similar projects to deposit 25% of their dues or face legal action

In an attempt to recover dues and deliver justice to thousands of homebuyers, who have been suffering for the past many years, the Noida Authority has decided to seal, attach and auction unsold flats of defaulter builders. (Representational photo) (Sunil Ghosh/HT Photo)
Published on Sep 06, 2024 01:12 PM IST

Delhi NCR work commutes turn into water expeditions after rain. Viral videos

Rainfall exposes infrastructure issues in Delhi NCR, leading to complaints from commuters about delays.

A waterlogged street in Gurugram's sector-37C near Rama Garden, on Thursday, September 5, 2024. (Photo by Parveen Kumar/Hindustan Times)
Updated on Sep 06, 2024 10:57 AM IST

Anupam Kher buys office space in Mumbai’s Andheri area for 3.88 crore

The office space bought by Anupam Kher is located on the 24th floor of the tower known as Parinee 1 in Mumbai's Andheri area.

Anupam Kher on changing perspective of the industry
Published on Sep 06, 2024 12:06 AM IST

Meghan Markle's Suits-era Toronto bachelorette pad sold within 5 days of listing

Before shifting to Kensington Palace for her wedding with Prince Harry, LA-native Meghan Markle used to live in a rented Toronto home.

Meghan Markle lived in a rented three-bedroom and two-bathroom house situated on Yarmouth Road in the neighbourhood of Seaton Village until 2017 i.e. before relocating to London.(Freeman Real Estate / Unique Vtour)
Published on Sep 05, 2024 11:57 PM IST

Dharavi is not only about urban renewal: Gautam Adani

Dharavi Redevelopment Project (DRPPL), a joint venture between the Adani Group and Government of Maharashtra, is executing the redevelopment project in Mumbai

Adani Group’s founder and chairman Gautam Adani said on September 5 that the Dharavi Redevelopment Project that his company was executing is not not only about urban renewal but also about restoring the dignity of over 1 million residents (PTI Photo)(PTI)
Published on Sep 05, 2024 11:38 PM IST

NCR-based County Group’s subsidiary signs development agreement worth 105 cr

County Group’s subsidiary signs development agreement with Brock Developers Pvt Ltd and ALRPL for ₹105 crore to develop a project in Gurugram 

NCR-based County Group has signed a development agreement for a 7.906-acre land parcel at village Harsaru in Gurugram for a consideration of <span class='webrupee'>₹</span>105 crore. (Representational photo) Photo by Parveen Kumar/ Hindustan Times)
Published on Sep 05, 2024 06:08 PM IST

Actor Aftab Shivdasani sells 1,304-square feet apartment in Mumbai for 7 cr

Mumbai real estate: The property transaction attracted a stamp duty of ₹35 lakh and a registration fee of ₹30,000

Actor Aftab Shivdasani sells 1,304-square feet apartment in Mumbai for <span class='webrupee'>₹</span>7 crore, according to documents shared by Zapkey
Published on Sep 05, 2024 05:39 PM IST

25 ultra luxury housing deals worth 2443 crore transacted across top cities

Mumbai dominates with 21 ultra-luxury housing deals worth ₹2,200 crore comprising 84% share of total deals so far, Gurugram saw one sale worth ₹95 crore

A total of 25 ultra-luxury homes priced more than <span class='webrupee'>₹</span>40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the first eight months of 2024 for a collective sales value of approximately <span class='webrupee'>₹</span>2,443 core, (Representational photo)(Unsplash)
Published on Sep 05, 2024 01:29 PM IST

Teachers Day: Do teachers prefer to rent an apartment first rather than buy one?

On Teachers' Day 2024, educators share their housing journeys, revealing a common preference for renting before investing in real estate

Teachers Day 2024: Do teachers prefer to rent an apartment first rather than buy one? (Representational photo)(Pixabay)
Published on Sep 05, 2024 01:01 PM IST

Sea-facing flats in Gurgaon? Woman shares video of flooded Golf Course Road

A viral video reveals severe waterlogging on Golf Course Road in Gurgaon, home to luxury DLF apartments worth ₹100 crore.

A viral video shows Gurgaon's Golf Course Road flooded after rainfall(X/@Anushri_Pawar)
Updated on Sep 05, 2024 06:28 PM IST

Is 1.25 crore enough to buy a house in India, enquires NRI on Reddit

Pune, Kolkata, Vadodara, Lucknow and Goa were amongst popular suggestions from netizens for a 29-year-old NRI who's looking to relocate to India

Is <span class='webrupee'>₹</span>1.25 crore enough to buy a house in India? Bengaluru, Gurugram, Mumbai too expensive, enquires NRI on Reddit(Sunil Ghosh/ Hindustan Times)
Published on Sep 05, 2024 11:29 AM IST

Buyer swipes right on Tinder co-founder's LA $24m house

Tinder co-founder Sean Rad's $24 million pad finally found a new buyer this Tuesday. He originally bought the Los Angeles house six years ago.

Sean Rad originally purchased the $24 million Los Angeles mansion through Westside Estate Agency's co-founder Kurt Rappaport, who also helped him find the house's happy ending with a new buyer this Tuesday, September 3. (Pic: The Oppenheim Group)
Updated on Sep 05, 2024 04:28 AM IST

Gurugram: ED searches Ramprastha Group premises in money laundering case

The Enforcement Directorate conducted searches at multiple locations of real estate company Ramprastha Group in Gurugram on September 4 

The Enforcement Directorate conducted searches at multiple locations of real estate company Ramprastha Group in Gurugram on September 4 as part of a money laundering investigation. (Representational photo) (Parveen Kumar/HT Photo)
Published on Sep 04, 2024 09:44 PM IST
PTI |

Single window clearance, lower stamp duty on Credai Bengaluru’s list of reforms

A follow up meeting with the state government is expected in a few weeks, Credai Bengaluru’s chief Amar Mysore told HT.com

Single window clearance and lower stamp duty are amongst some of the issues on Credai Bengaluru’s list of recommendations for Karnataka government(Credai Bengaluru)
Published on Sep 04, 2024 07:57 PM IST

Ashiana Housing sells 168 housing units for 403 crore in its Gurugram project

The project Ashiana Amarah in Gurugram is spread across an area of 22 acres and is a kids-centric complex, the company said in a statement.

Delhi-NCR-based real estate developer Ashiana Housing has said that it has sold 168 housing units for <span class='webrupee'>₹</span>403.49 crore in its kids-centric project in Gurugram
Published on Sep 04, 2024 06:15 PM IST

Delhi-based Eros Group invests close to 400 crore in a Greater Noida project

Eros Group has invested close to ₹400 crore on the third phase of a housing project in Greater Noida. The company has so far sold inventory worth ₹200 crore

Eros Group has invested close to <span class='webrupee'>₹</span>400 crore on the third phase of a housing project in Greater Noida.
Published on Sep 04, 2024 06:03 PM IST

India's hospitality sector sees $93 million investment surge in H1 2024

The Indian hospitality market is thriving with $93 million in investments during the first half of 2024. Key growth is seen in Tier II and III cities

The country’s hospitality sector witnessed an investment activity of around $93 million in the first half of the year (January to June 2024).
Published on Sep 04, 2024 01:18 PM IST

Over 2.64 lakh property owners in Bengaluru yet to pay taxes, BBMP data shows

The Bruhat Bengaluru Mahanagara Palike has attached nearly 49,500 properties and sealed over 4,500 non-residential areas so far in the ongoing financial year

Over 2.64 lakh property owners in Bengaluru are yet to pay taxes, BBMP data shows (Representational photo)(IANS)
Updated on Sep 04, 2024 12:50 PM IST

State public accounts committee clears Noida’s Sports City project

The three objections that CAG raised on Noida's Sports City project were related to irregularities in the allotment procedure, allotment rate and sale of plots 

The PAC, consisting of MLAs, on July 24, 2023, started reviewing the issues of realty projects and also sought the current status of projects being developed by at least 24 developers, including Tata, Godrej, ATS, ACE and Samridhi, among others, after the Comptroller and Auditor General of India (CAG) raised objections. (Sunil Ghosh/HT Photo)
Updated on Sep 04, 2024 05:58 AM IST
By, Noida

SC says stay only on ED probe, not on legal actions against Lotus 300 developers

SC had stayed the Allahabad HC’s directive for an ED probe into the firm's directors but the stay order does not prevent other legal actions related to the case

Following the Allahabad high court’s February 2024 order, both the Noida authority and developers filed review petitions in the high court, which were rejected. (Sunil Ghosh/HT Photo (File))
Updated on Sep 04, 2024 05:56 AM IST
By, Noida

DDA sets up desk to assist flats buyers registering for the 2024 housing scheme

DDA has set up a registration help desk at its head office to facilitate flat buyers wanting to register for the Housing Scheme 2024

Delhi Development Authority has set up a registration help desk at its head office to facilitate prospective flat buyers wanting to register for DDA’s Housing Scheme 2024
Published on Sep 03, 2024 10:19 PM IST

Ajay Devgn rents out 3,455-sq ft office space in Mumbai for 7 lakh per month

Ajay Devgn has rented out a commercial office space spanning 3,455 square feet in Mumbai for a monthly rent of ₹7 lakh for five years, the documents showed

Ajay Devgn has leased out a commercial office space spanning 3,455 square feet in Mumbai for a monthly rent of <span class='webrupee'>₹</span>7 lakh.
Published on Sep 03, 2024 06:46 PM IST

Rich German families snap up trophy real estate after price drop

As investors steer clear of Germany’s battered commercial realty market, wealthy families are sensing an opportunity to snap up trophy assets for cheap.

The ultra-rich private investors have closed deals worth €1.5 billion ($1.7 billion) across all property classes in the first six months of this year in Germany (Picture for representational purposes only)(Pixabay)
Published on Sep 03, 2024 06:23 PM IST
Bloomberg |

Prestige Exora Business Parks buys 4.57-acre land parcel for 200 cr in Pune

Prestige Exora Business Parks has bought a land parcel located in the Kharadi area of Pune, one of the busiest commercial districts in the city

Bengaluru-based listed real estate developer Prestige Estates’ wholly owned subsidiary Prestige Exora Business Parks Ltd has purchased 4.57 acres of land in Pune for <span class='webrupee'>₹</span>200 crore. (Picture for representational purposes only)(Mehul R Thakkar/HT)
Published on Sep 03, 2024 05:44 PM IST
ByMehul R Thakkar

Kalpataru Ltd plans to foray into Nagpur real estate market, may launch plots

Kalpataru Ltd's plotted development project is likely to come up at Samruddhi Circle, the starting point of the Mumbai-Nagpur Samruddhi Expressway in Nagpur

Mumbai-based Kalpataru Ltd, which filed its draft prospectus last month with market regulator SEBI to launch its initial public offering (IPO) for raising up to <span class='webrupee'>₹</span>1,590 crore, plans to foray into the Nagpur real estate market. (Picture for representational purposes only)(Mehul R Thakkar/HT)
Published on Sep 03, 2024 02:54 PM IST
ByMehul R Thakkar

Maharashtra tops list of green real estate projects, UP bags 2nd position

Maharashtra also leads in terms of the highest average size of green-certified real estate assets at around 0.37 mn sq ft followed by Telangana at 0.36 mn sq ft

Maharashtra topped the list of green real estate projects (1094 projects) across the country on account of its policy of allowing incentives for sustainable buildings (Representational photo)(HT File / Representative Photo)
Updated on Sep 03, 2024 01:02 PM IST
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