Housing affordability: Ahmedabad and Hyderabad emerge as affordable residential markets

Housing sales across major Indian cities remain strong, supported by steady demand, favourable interest rates, and rising incomes. Over the past 15 years, housing affordability has improved across most Tier I cities, aided by higher incomes, moderate price growth, and better credit access. According to Colliers India, the Price-to-Income (P/I) ratio has improved from 88.5 […]

Tribeca Developers launches new vertical focused on plotted developments, branded villas and hospitality

Tribeca Developers, India’s licensed partner of the Trump Organization, on December 3 announced the launch of Tribeca Estates, a new business vertical focused on premium plotted developments, branded villas, and hospitality-led real estate. The company said five deals are currently under negotiation, covering more than 300 acres along the Mumbai–Pune corridor. Tribeca Developers has announced […]

Embassy REIT acquires 3 lakh sq ft office property in Bengaluru for ₹852 crore

Embassy Office Parks REIT, India’s first listed REIT, has announced that it has acquired a 3 lakh square feet marquee office property located within Embassy GolfLinks Business Park, in Bengaluru for ₹852 crore. Embassy Office Parks REIT has acquired a 3 lakh square feet marquee office property located within Embassy GolfLinks Business Park, in Bengaluru […]

Mahindra Lifespace secures redevelopment mandate for a Matunga housing society in Mumbai, targets revenue of ₹1,010 cr

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure arm of the Mahindra Group, will redevelop a 1.53-acre housing society in Matunga, Mumbai, with an estimated revenue potential of ₹1,010 crore, further strengthening its presence in the city’s micro market. In a regulatory filing on December 3, the company said it has been chosen […]

Mumbai Metro Line 3: MMRC makes approval mandatory for redevelopment or construction within 50 m

To avoid any adverse impact on the tunnels of the underground Mumbai Metro Line-3 (Aqua Line), which spans 33 km from Cuffe Parade to Aarey Colony, the Mumbai Metro Rail Corporation (MMRC) has urged all landlords and housing societies within a 50-metre influence zone on either side of the alignment to seek its approval before […]

Fresh hope for homebuyers as Greater Noida Authority clears co-developers for two stalled real estate projects

Offering a glimmer of hope for the revival of long-delayed real estate projects, the Greater Noida Authority has granted in-principle approval to appoint co-developers for two stalled group housing projects in Sectors 10 and 1. The move, taken under the UP government’s co-developer policy for legacy stuck projects, brings the total number of Greater Noida […]

Omaxe repays ₹80 crore SWAMIH stress fund loans tied to its New Chandigarh and Prayagraj real estate projects

Omaxe Group said on December 2 that it has repaid around ₹80 crore in loans taken from the government-backed SWAMIH stress fund for two of its projects in New Chandigarh and Prayagraj. The SWAMIH (Special Window for Affordable and Mid-Income Housing) fund had sanctioned ₹168.80 crore for the ‘The Lake’ project in New Chandigarh and […]

Kartik Aaryan’s parents buy office space in Mumbai’s Vile Parle for ₹10.83 crore

Kartik Aaryan’s parents, Mala Tiwari and Manish Tiwari, have purchased an office space in Mumbai’s Vile Parle for ₹10.83 crore, according to property registration documents accessed by Zapkey. Mumbai real estate update: Kartik Aaryan’s parents, Mala Tiwari and Manish Tiwari, have purchased an office space in Mumbai’s Vile Parle for ₹10.83 crore. (HT Files) The […]

Redditor warns of ‘new rental scam’ targeting flat-hunters in Bengaluru: ‘If a deal sounds too good…’

A Bengaluru renter has raised an alarm on Reddit about what he describes as a “new flat rental scam” targeting people searching for affordable homes in the city. In a detailed post, titled “Bengaluru New Flat Rental Scam,” the user narrated how scammers are exploiting too-good-to-be-true listings on popular real-estate platforms to dupe unsuspecting tenants. […]

Mumbai redevelopment news: Raymond Realty announces launch of ₹2,000 crore premium project in Bandra

Raymond Realty announced on December 1 the launch of a premium redevelopment project on a two-acre land parcel in Mumbai’s Bandra East. The project, titled Invictus by GS, BKC, is expected to generate revenue of around ₹2,000 crore. Raymond Realty announced on December 1 the launch of a premium redevelopment project on a two-acre land […]