India’s large listed residential real estate developers will clock sales growth of over 25% on-year this fiscal, says a new report by CRISIL Ratings. The analysis, which includes 11 large listed residential developers in … READ FULL STORY
Mumbai-based Sunteck Realty Limited (SRL) has launched new towers at Sunteck OneWorld in Naigaon through its campaign One World One Price. Spread across 150 acres, the Sunteck OneWorld township with 60% green space, offers … READ FULL STORY
Construction work for connecting Chhatrapati Shivaji Maharaj Terminus’ (CSMT) old subway to Mumbai Metro Aqua Line 3 has started with barricades placed in front of the subway near the Canon entry point. This will aid … READ FULL STORY
Hyderabad, the capital of Telangana, has emerged as one of India’s prominent IT/ITeS and manufacturing hubs. Over the past decade, the city has generously accommodated the immigrant workforce across the services, pharmaceutical and industrial … READ FULL STORY
Real estate developers Coastal Projects Pvt Ltd and Zoom Developers Pvt Ltd are among India’s top-50 wilful defaulters, data available with the ministry of finance show. As of March 31, 2022, the top-50 wilful … READ FULL STORY
Even as 34,398 projects worth Rs 11.5 lakh crore are registered with the Maharashtra Real Estate Regulatory Authority (Maha RERA), 2,800 projects worth Rs 90,000 crore have lapsed, mentions a ToI report. According to … READ FULL STORY
The district-level consumer panel in Mumbai has directed a Borivali housing society to pay Rs 1.25 lakh as compensative to an owner over its failure to address a leakage complaint. Stating that a housing … READ FULL STORY
Economies, globally, have not yet recovered from the Covid-19 setback and signs of recession are visible. The war between Ukraine and Russia has worsened the financial recovery. However, for the Indian realty market, 2022 … READ FULL STORY
The civic authority in Agra has sent a property tax notice, demanding Rs 1.95 crore as on Taj Mahal water bill from the Archaeological Survey of India (ASI). Agar Nagar Nigam has also sent … READ FULL STORY
Maharashtra chief minister Eknath Shinde has announced that construction work will be accelerated on the 400-km Konkan expressway between Raigad and Sindhudurg. The expressway will be developed on the lines of the Samruddhi Mahamarg … READ FULL STORY
Maharashtra state government has reversed the previous government’s resolution that made cluster development compulsory for all MHADA layouts – Mumbai, Konkan, Nashik and Pune. Orders for the joint redevelopment of single buildings, housing societies … READ FULL STORY
Office, residential and warehousing segments have performed extremely well in 2022 and they are expected to continue their upward trajectory in 2023, says JLL’s year-ender report, titled ‘The 2022 story: Indian real estate’s rise … READ FULL STORY
At the time of property registration, home buyers in India are liable to pay a fixed stamp duty along with registration charges. However, since land is a state subject, stamp duty rates differ across … READ FULL STORY
