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RBI decides to keep repo rates unchanged. Here's what it means for homebuyers

RBI Monetary Policy: The Reserve Bank of India's decision to keep its benchmark interest rate unchanged at 6.5% for the 11th consecutive time citing continued inflationary pressures means stable EMIs for homebuyers amidst rising housing prices.
Published on Dec 06, 2024 11:49 AM IST

Noida cancels allotment of prime group housing plot in Sector 143

The Noida authority has also started the process of taking over possession of the group housing land parcel and officials said they will re-allot the land to a new developer at a higher rate with an aim to recover its dues and also earn more revenue. (HT Archive)
Updated on Dec 06, 2024 08:56 AM IST

Affordable housing expected to drive proptech investments in the country

The affordable housing sector is expected to propel proptech investments in the country. (Photo for representational purposes only)
Published on Dec 05, 2024 08:53 PM IST

Jaiprakash Associates' outstanding loan at 55,526 cr as on Nov 10, 2024

Jaiprakash Associates' outstanding loan at 55,526 cr as on Nov 10, 2024, the company said in a regulatory filing. (Picture for representational purposes only)
Published on Dec 05, 2024 08:39 PM IST

K Raheja Corp buys two properties in Mumbai for 355 crore

K Raheja Corp has bought two prime properties - Bayside Mall and the Popular Press Building - in Mumbai’s posh Tardeo area for 355 crore. (Representational photo)
Updated on Dec 06, 2024 09:10 AM IST

Jaipur records highest growth in property prices among Tier 2 cities

Jaipur saw the highest rise in weighted average price of new launch projects at 65% from 4240 per sq. ft. to 6979 per sq. ft. between 2023-October 2024. (Representational photo)
Published on Dec 05, 2024 03:34 PM IST

Housing sales across top 7 cities expected to touch 3.05 lakh units this year

Year-ender 2024: Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand.
Published on Dec 05, 2024 12:18 PM IST

Greater Noida: UP govt forms new committee to look into farmer demands

Farmers gather for a maha panchayat under the Yamuna Expressway flyover, in Greater Noida, on Wednesday. (Sunil Ghosh/HT Photo)
Updated on Dec 05, 2024 08:37 AM IST

Affordable housing shortage to touch 312 lakh units by 2030: CII-Knight Frank

Affordable housing in India is expected to touch 312 lakh units by 2030 with a potential market size of 67 trillion, a report by Confederation of Indian Industry (CII) and Knight Frank has said.
Published on Dec 04, 2024 09:28 PM IST

Boost availability of land to provide habitation to the young mobile population

Srinivas Katikithala, secretary, Ministry of Housing and Urban Affairs, said on December 4 that there is a need to ponder on how habitation can be made available to people, youth, especially on a real-time basis, on a need basis.
Published on Dec 04, 2024 08:57 PM IST

Microsoft India buys 25-acre land near Hyderabad for more than 181 crore

Microsoft India buys 25-acre land near Hyderabad for more than 181 crore. (Picture for representational purposes only)
Updated on Dec 05, 2024 01:28 PM IST

Is an apartment overlooking the sea more expensive than a sea-view apartment?

Mumbai real estate: Difference between sea view and sea facing luxury apartments in Mumbai that homebuyers need to know about. (Picture for representational purposes only)
Updated on Dec 04, 2024 06:49 PM IST

Year-end 2024: Luxury homes top investment choice of the rich

The year 2024 was marked by luxury living. The launches of housing projects worth 10 crore to almost 80 crore made one thing clear - that demand was skewed towards luxury and ultra-luxury homes. (Picture for representational purposes only)
Published on Dec 04, 2024 08:41 AM IST

Luxury cars, FDs seized by ED in 500 cr real estate fraud

ED conducted these raids on November 25 at 14 locations across Delhi-NCR.
Updated on Dec 03, 2024 07:20 PM IST

Amazon buys 38 acres of land from Lodha Group for 450 crore near Mumbai

Amazon Data Services Pvt Ltd has bought a 38-acre land parcel in Ambernath near Mumbai from Macrotech Developers. (Picture for representational purposes only)
Published on Dec 03, 2024 06:57 PM IST

Mumbai's western and central suburbs emerge as key hotspots for buying property

Mumbai real estate market's western and central suburbs have emerged as the key hotspots for real estate investment. (Representational photo) (REUTERS)
Published on Dec 03, 2024 02:00 PM IST

Vietnam court upholds death sentence for tycoon in $12 billion fraud case

Vietnamese real estate tycoon Truong My Lan, second left, attends trial in an appeal she filed against her death sentence in a financial fraud case in Ho Chi Minh City, Vietnam, Tuesday, Dec. 3, 2024. (Tran Quynh/VNExpress via AP)
Published on Dec 03, 2024 10:42 AM IST

Avoid buying farmhouses, plots on Yamuna flood plain: Noida authority

Currently, hundreds of illegal housing and commercial projects including farmhouse projects are being developed in the notified area prompting the authority to take action against this menace. (Sunil Ghosh/HT Photo)
Updated on Dec 03, 2024 08:22 AM IST

MHADA lottery 2024: Konkan Board increases number of homes on offer by 4000

The Maharashtra Housing and Area Development Authority (MHADA)'s Konkan Board has decided to increase the number of affordable homes on offer under the 2024 housing draw by 4000. (Representational photo)
Updated on Dec 03, 2024 10:44 AM IST

Over 88 lakh houses delivered under PMAY-U, govt tells Rajya Sabha

More than 88 lakh houses have been delivered to the beneficiaries under the Pradhan Mantri Awas Yojana (Urban), the Rajya Sabha was informed on Dec 2.. (Representational photo)
Updated on Dec 03, 2024 09:45 AM IST

Shraddha Kapoor rents luxury apartment in Mumbai for 6 lakh per month

Shraddha Kapoor has taken an apartment on rent in Mumbai’s Juhu area for 6 lakh per month, property documents accessed by Zapkey showed.
Updated on Dec 03, 2024 09:47 AM IST

Alternative Investment Funds invest over 75,000 cr in the real estate sector

Alternative Investment Funds have invested close to 75,468 crore in the real estate sector over the last decade. (Representative photo)
Updated on Dec 02, 2024 03:16 PM IST

MahaRERA recovers 200 crore from real estate developers in Maharashtra

MahaRERA update: Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered compensation worth 200.23 crore from real estate developers
Published on Dec 03, 2024 09:54 AM IST

MHADA's Konkan Board may extend application deadline for housing draw

MHADA lottery 2024: The Maharashtra Housing and Area Development Authority (MHADA)'s Konkan Board is likely to extend the application deadline. (Picture for representational purposes)
Published on Dec 02, 2024 12:07 PM IST

Delhi-NCR’s housing prices rise by 30% YoY, Bengaluru witnesses 24% increase

Average housing prices across the top eight markets in India increased by 11% YoY at 11,000 per sq ft during Q3 2024 on the back of sturdy demand and positive market sentiments. (Photo by Vijayanand Gupta/ Hindustan Times) (Representational photo)
Published on Dec 03, 2024 09:52 AM IST

Mhada considers scrapping 11% reservation for EWS, LIG homes for MP, MLAs

Mhada considers scrapping 11% reservation for EWS, LIG homes for MP, MLAs
Updated on Dec 02, 2024 08:14 AM IST

Once shunned, areas near Bhopal gas tragedy site now seeing real estate boom

Once shunned, areas near Bhopal gas tragedy site now seeing real estate boom (Picture for representational purposes only)
Published on Dec 01, 2024 08:59 PM IST

Five Indian cities will be among fastest growing global urban centers by 2033

Five Indian cities including Bengaluru, Delhi, Mumbai, Hyderabad and Pune will be among the top 15 fastest-growing urban centers by 2033, according to Savills Growth Hubs Index.(Representational photo)
Published on Dec 01, 2024 08:47 PM IST

Gurugram to see 10-30% increase in circle rates starting today

Circle rates hiked by 10-30% in Gurugram from Dec 1, property registration to get costlier. (Representational photo)
Published on Dec 01, 2024 11:40 AM IST

House of Abhinandan Lodha buys American Center in Mumbai for 56 crore

The House of Abhinandan Lodha (HoABL) has bought the American Center in South Mumbai’s Marine Lines area for 55.98 crore, documents accessed by Propstack showed.
Published on Dec 02, 2024 03:32 PM IST
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