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Mumbai hotels rates up to nearly 5 lakh for 3 nights during Coldplay concert

Published on Sep 23, 2024 02:32 PM IST

Most of the hotels, including five-star properties, in the vicinity of DY Patil Stadium in Navi Mumbai are now fully booked on January 18, 19 and 21

Hotels within 20 kms of the venue in Navi Mumbai where Coldplay is due to perform in January, are charging up to <span class='webrupee'>₹</span>5 lakh for three nights((Pratik Chorge/HT PHOTO))
ByMehul R Thakkar

India's real estate market likely to touch $10 trillion by 2047

By 2047, an estimated 50% of India’s population will reside in urban centers, leading to increased demand across housing, office, and retail asset classes

Indian real estate market is likely to touch $10 trillion by 2047, according to a Colliers-CREDAI report released at the Credai-NATCON 2024 event in Sydney, Australia
Published on Sep 23, 2024 01:00 PM IST

Australia's REA sweetens takeover offer for Britain's Rightmove to $8.1 billion

Britain's housing market is triple the size of Australia's, according to analysts, and a deal would allow REA to expedite its international growth plans

Australia's REA sweetens takeover offer for Britain's Rightmove to $8.1 billion (Representational photo)(Unsplash)
Published on Sep 23, 2024 11:21 AM IST
Reuters |

Manoj Saunik a journalist turned IAS officer is now new MahaRERA chairman

Manoj Saunik replaces Ajoy Mehta as the chairman of MahaRERA. Mehta vacated the post of MahaRERA chairman on September 20 that he took charge in February 2021

Manoj Saunik, former chief secretary (CS) of Maharashtra and a former journalist, took charge as the Chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA)(MahaRERA)
Published on Sep 23, 2024 10:31 AM IST

Why are real estate developers launching 5 crore-plus apartments in Noida?

Noida real estate market: As cost of land and construction hit the ceiling, builders up their game in Uttar Pradesh’s most promising township

NCR real estate market: Real estate developers are launching <span class='webrupee'>₹</span>5 crore-plus apartments in Noida.(Virendra Singh Gosain/HT PHOTO)
Published on Sep 22, 2024 07:38 AM IST

Real estate developers turn to interior design to make apartments more exclusive

Aimed at providing end-to-end solutions to homebuyers, some real estate developers are warming up to the need of a dedicated interior design unit

Luxury real estate market trends: Developers turn to interior design to make apartments more exclusive (Representational photo)(Pixabay)
Published on Sep 21, 2024 10:04 AM IST

Bengaluru flatmates use corporate-style document to tackle household chores

Bengaluru engineer's hilarious chore list on X sparks reactions.

X user shares a four-column table titled “the ultimate list of chores you did not sign up for”(X/Tanvi Gaikwad)
Published on Sep 21, 2024 09:30 AM IST

Moving to Bengaluru? 5 platforms to learn Kannada for smooth auto and cab rides

Digital creators in Bengaluru are making Kannada learning accessible through engaging platforms.

Representational Image
Updated on Sep 23, 2024 10:25 AM IST
ByAnagha Shrikant Deshpande

Yeida to introduce new policy to allot land to state, central agencies

YEIDA's decision came after it received requests from eight different agencies for land for setting up offices, training institutes and research centres

The authority has identified 20 available plots across various sectors, which are being considered for allotment to these agencies. (Sunil Ghosh/HT Photo)
Updated on Sep 21, 2024 07:36 AM IST
By, Noida

Promoters arm-twisting allottees in UPRERA’s sights

UPRERA has received complaints from allottees that promoters are offering conditional possession of flats

For representation only (HT File Photo)
Published on Sep 20, 2024 09:32 PM IST
By, Lucknow

Housing sales may decline by 18% in July-Sep annually across nine cities

Housing sales fell to 1,04,393 units in Q3 CY2024 from 1,26,848 units in the same period last year, PropEquity data showed

New housing launches and sales in the July-September quarter of 2024 are expected to decline by 11% and 18% respectively across the top nine cities, according to data shared by real estate analytics firm PropEquity. (Sunil Ghosh/HT Photo)
Published on Sep 20, 2024 08:51 PM IST

ED raids ex NOIDA CEO, real estate developers in fraud case

The ED has seized cash, gold and diamond jewellery worth over ₹42 cr after it raided multiple locations linked to retired NOIDA Authority chief and builders

The ED has seized cash, gold and diamond jewellery worth more than <span class='webrupee'>₹</span>42 crore after it raided multiple locations linked to retired NOIDA Authority CEO Mohinder Singh and builders (HT Photo)
Published on Sep 20, 2024 08:16 PM IST
PTI |

BBMP to geotag 21 lakh properties before e-khata rollout

Bengaluru real estate news: In the coming days, BBMP staff will be visiting homes to capture the GPS coordinates of properties

BBMP to record GPS of 21 lakh properties before e-khata rollout (Representational photo)(IANS)
Published on Sep 20, 2024 07:13 PM IST

Hyderabad records over 54,000 home sales worth more than 33,000 crore in 2024

Properties priced under ₹50 lakh grabbed the largest share of the registrations pie in Hyderabad, though the segment’s share dropped to 59% in August 2024

Hyderabad has registered a total of 54,483 homes sales valued at <span class='webrupee'>₹</span>33,641 crore between January-August 2024. (Representational photo only)(Pixabay)
Published on Sep 20, 2024 03:09 PM IST

Pune’s property registrations up by 3% YoY, 26% decline in the last four months

Pune real estate market recorded a 40% increase in stamp duty collections in August 2024 to touch ₹592 crore from ₹423 crore in June 2023, according to the data

Pune real estate market reported a 3% year-on-year increase in property registrations from 13,397 in August 2024 compared to 13,021 in August 2023(Mehul R Thakkar/HT)
Published on Sep 20, 2024 01:32 PM IST
ByMehul R Thakkar

NCR real estate firm collaborates with Dubai-based architect Shaun Killa

Killa Designs has earlier worked on projects such as Namaste W Hotel in Mumbai and The World in Jubilee Hills in Hyderabad among others

Dubai-based architect Shaun Killa- (centre) has joined hands with Noida-based real estate developer CRC Group to design an ultra-luxury residential project that it plans to launch in Greater Noida in early 2025.
Published on Sep 20, 2024 01:25 PM IST

Phoenix Mills Ltd’s arm Casper Realty Pvt Ltd wins bid for two plots in Punjab

Casper Realty Private Limited declared as the highest bidder for the two plots in Mohali in Punjab measuring 13.14 acres

Phoenix Mills Ltd, owner, operator and developer of retail-led mixed-use destinations, has announced that Casper Realty Private Limited, its wholly owned subsidiary, has been declared as the highest bidder for two prime city-centric plots in Mohali, Punjab. (Representational photo) (HT Photo)
Published on Sep 20, 2024 11:27 AM IST

US home sales fell in August despite easing mortgage rates

Despite more attractive mortgage rates, home sales likely declined in August in part because many prospective buyers were holding out for the Fed to cut rates.

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise.(Pixabay)
Published on Sep 20, 2024 10:27 AM IST
AP |

Inorbit Malls acquires 6.5 lakh sq ft retail property in Karnataka's Hubballi

The retail transaction marks a significant milestone in the real estate landscape of Tier II cities in India, especially the Hubballi-Dharwad market

Inorbit Malls acquires 6.5 lakh sq ft ready-to-launch retail property in Karnataka’s Hubballi (Representational photo) (Pixabay)
Published on Sep 20, 2024 09:30 AM IST

Yeida housing scheme 2024: 1200 units for sale near Noida airport

Interested individuals should submit an online application through the Yamuna Expressway authority website and pay a non-refundable registration fee of ₹600

The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a housing scheme offering at least 1,200 flats in Sector 22D along the Yamuna Expressway (Sunil Ghosh/HT Archive)
Published on Sep 20, 2024 09:23 AM IST

55 mn sq ft of Grade A mall space required by 2027 to meet growing retail demand

India’s Retail Space Per Capita (RSPC) lags behind other South Asian Countries including Indonesia, Philippines, Thailand and Vietnam.

Around 55 million square feet of Grade-A mall space is required by 2027 to meet growing retail demand (Picture for representational purposes only)(Reuters)
Published on Sep 19, 2024 05:08 PM IST

Domestic firms projected to lease 60-65 mn sq ft of office space in 2024-25

Indian firms saw a 60% rise in office space absorption between 2022-23, compared to 2018-2019, led by Delhi-NCR, Bengaluru and Mumbai.

Domestic firms are projected to lease 60-65 million square feet of office in 2024-25 (Representational photo)(Unsplash)
Published on Sep 19, 2024 04:56 PM IST

India 3rd favourite spot for foreign investors wanting to put money into land

About 70% of the total foreign investment inflows into the Indian real estate sector during H1 2024 were directed towards the industrial and warehousing segment

With nearly $1.5 bn in foreign inflows, Indian ranks third in global destinations for land/development sites during H1 2024(Ramesh Pathania/Mint)
Published on Sep 19, 2024 03:13 PM IST

Lulu Group scouting for a land parcel in Mumbai, may develop a shopping mall

Lulu Group, the UAE-based conglomerate, operates shopping malls in Kochi, Trivandrum, Thrissur, Bengaluru and Lucknow

UAE-based retail giant, Lulu Group, may set up a shopping mall or hypermarket in Mumbai for which it is currently scouting for a land parcel.(HT Files)
Published on Sep 19, 2024 12:11 PM IST
ByMehul R Thakkar

MHADA lottery 2024: 1 lakh applications submitted, today is last day to apply

MHADA Mumbai lottery 2024 had announced a housing draw of more than 2,000 affordable homes and had started accepting applications from August 9

Maharashtra Housing and Area Development Authority (MHADA) has received close to 1 lakh applications for 2,030 affordable homes in Mumbai for the MHADA lottery 2024 that opened to the public in August. (Picture for representational purposes only)(Mehul R Thakkar/HT )
Published on Sep 19, 2024 08:42 AM IST

Yamuna authority earns 265.14 crore from selling 45 commercial plots

As per the detailed project reports of applicants who participated in the commercial plot scheme, they will together invest ₹500 crore in all 45 projects

The higher bids against the reserve price were a result of the demand for commercial space generated by the Noida international airport, which is set to become functional by April-end 2025, officials said. (HT Archive)
Updated on Sep 19, 2024 05:36 AM IST
By, Greater Noida

Urbanisation and retail to drive home and household market to $237 bn by 2030

The real estate sector is expected to grow at 25% CAGR, touching $1 trillion by FY29. Hybrid work culture is fuelling demand for home makeovers, said the report

Hybrid work culture leading to higher spends on home renovation, a report by Deloitte has said. (Representational photo)(Pixabay)
Published on Sep 18, 2024 08:24 PM IST

Mumbai's mega rental deal: Morgan Stanley leases 1 mn sq ft office space

Mumbai real estate: The office space leased by Morgan Stanley Advantage Services Private Limited is spread across 16 floors in Oberoi Commerze III

 Morgan Stanley has leased 1 million square feet office space in Mumbai at a monthly rent of <span class='webrupee'>₹</span>15.96 crore. (Representational photo)(REUTERS)
Published on Sep 18, 2024 06:32 PM IST

RMZ Corporation leases 3.6-lakh sq ft office space to Chevron India in Bengaluru

Chevron India is keen on taking up another 3 lakh square feet space within the same campus, RMZ Ecoworld 30 in Bengaluru, a top company executive said

RMZ Corporation leases 3.6-lakh sq ft office space to Chevron Global Technology & Services in Bengaluru(RMZ Corporation)
Published on Sep 18, 2024 06:10 PM IST

Awfis Space Solutions leases 30,000-square feet office space in Ahmedabad

Awfis Gold Centre is located on the 26th floor in Gift One Tower-GIFT City in Ahmedabad

Awfis Space Solutions leases 30,000-square feet office space in Ahmedabad(Awfis Space Solutions)
Published on Sep 18, 2024 05:13 PM IST
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