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, 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 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 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 […]
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 […]
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 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, 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 […]
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. […]
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 […]
