Articles by Vandana Ramnani
Budget 2024: Focus on digitisation of land records, urban dev gets a leg up
Realty experts said steps to introduce tech reforms within the regulatory framework for land, such as digitization of land records, will improve transparency
![Urban development is one of the nine priorities outlined by the Finance Minister Nirmala Sitharaman in her speech on July 23. (Representative photo)(Pixabay) Urban development is one of the nine priorities outlined by the Finance Minister Nirmala Sitharaman in her speech on July 23. (Representative photo)(Pixabay)](https://images.hindustantimes.com/img/2024/07/23/148x111/Budget_2024_Real_estate_residential_1721723758133_1721723768558.jpg)
Published on Jul 23, 2024 02:14 PM IST
Budget 2024: 5 Things the real estate sector looks forward to from the FM
The realty sector hopes that the government will push for affordable housing in Budget 2024. Seeks for sops for homebuyers and incentives for builders
![The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. Photo by Aniruddha Chowdhury/Mint (Aniruddha Chowdhury/Mint) The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. Photo by Aniruddha Chowdhury/Mint (Aniruddha Chowdhury/Mint)](https://images.hindustantimes.com/img/2024/07/23/148x111/Budget_2024-real-estate_1721709209803_1721709209973.jpg)
Published on Jul 23, 2024 10:13 AM IST
One in four cases settled after admission under IBC from the real estate sector
The Economic Survey said that more than one-fifth of the companies undergoing the resolution process under the IBC are from the real estate space.
![Economic Survey noted that one in four cases settled after admission was from the real estate sector. Of the 891 corporate debtors resolved, 133 were real estate companies, forming 15% of the companies resolved. (Representational photo) (Anshuman Poyrekar/HT Photo) Economic Survey noted that one in four cases settled after admission was from the real estate sector. Of the 891 corporate debtors resolved, 133 were real estate companies, forming 15% of the companies resolved. (Representational photo) (Anshuman Poyrekar/HT Photo)](https://images.hindustantimes.com/img/2024/07/22/148x111/Under-construction-real-estate_1721661249987_1721661250289.jpg)
Published on Jul 22, 2024 09:07 PM IST
Economic Survey: Housing sector on a growth trajectory
Economic Survey notes that the housing sector is on a growth trajectory and that demand is expected to be driven by affordability and increased access to credit
![The Economic Survey released on July 22 emphasized on the real estate sector’s recovery after the pandemic, driven by factors like urbanization, government schemes such as the Pradhan Mantri Awas Yojana (PMAY) and other affordable housing initiatives. (HT Photo) (Representational photo) The Economic Survey released on July 22 emphasized on the real estate sector’s recovery after the pandemic, driven by factors like urbanization, government schemes such as the Pradhan Mantri Awas Yojana (PMAY) and other affordable housing initiatives. (HT Photo) (Representational photo)](https://images.hindustantimes.com/img/2024/07/22/148x111/Housing-economic_survey_1721636850649_1721636850854.jpg)
Published on Jul 22, 2024 02:35 PM IST
Twinkle Khanna rents two apartments for ₹1.85 lakh per month in Mumbai
Twinkle Khanna and her sister Rinke Khanna have rented two flats in Mumbai's Khar area at a starting rent of ₹1.85 lakh for five years, documents showed.
![Twinkle Khanna and her sister Rinke Khanna have rented two apartments in Mumbai at a starting monthly rent of <span class='webrupee'>₹</span>1.85 lakh for five years. Twinkle Khanna and her sister Rinke Khanna have rented two apartments in Mumbai at a starting monthly rent of <span class='webrupee'>₹</span>1.85 lakh for five years.](https://images.hindustantimes.com/img/2024/07/17/148x111/twinkle-Khanna-real-estate_1721192132631_1721192135686.jpg)
Published on Jul 16, 2024 04:18 PM IST
Parle Biscuits Private Limited sells three apartments for ₹45 crore in Mumbai
Parle Biscuits Private Limited has sold three apartments for ₹45 crore in Mumbai in the projects Rustomjee Elements and Rustomjee Seasons
![Parle Biscuits Private Limited has sold three apartments for <span class='webrupee'>₹</span>44.81 crore in Mumbai (Representational photo)(Unsplash) Parle Biscuits Private Limited has sold three apartments for <span class='webrupee'>₹</span>44.81 crore in Mumbai (Representational photo)(Unsplash)](https://images.hindustantimes.com/img/2024/07/09/148x111/top-deal-real-estate_1720528760754_1720528761395.jpg)
Published on Jul 09, 2024 06:31 PM IST
Priyanjali Mariwala buys apartment in Mumbai's BKC for more than ₹65 crore
Priyanjali Mariwala, who leads the ASCENT Foundation, a not-for-profit firm of Harsh Mariwala, chairman of Marico, has bought the flat in Mumbai
![Priyanjali Mariwala has bought an apartment for <span class='webrupee'>₹</span>65.25 crore in Sunteck Signature Island, (Representational photo)(Unsplash) Priyanjali Mariwala has bought an apartment for <span class='webrupee'>₹</span>65.25 crore in Sunteck Signature Island, (Representational photo)(Unsplash)](https://images.hindustantimes.com/img/2024/07/05/148x111/apartment-real-estate_1720183247367_1720183247550.jpg)
Published on Jul 05, 2024 06:24 PM IST
Office space absorption may touch more than 70 mn sq ft by end of the year
Bengaluru remained the largest office market in H12024; Demand for office space from IT firms may double in the next half of the year: Knight Frank
![Office space absorption may touch more than 70 mn sq ft by end of the year: Knight Frank (Representational photo) (Pexels) Office space absorption may touch more than 70 mn sq ft by end of the year: Knight Frank (Representational photo) (Pexels)](https://images.hindustantimes.com/img/2024/07/04/148x111/office-space-real-estate_1720093433315_1720093433949.jpeg)
Published on Jul 04, 2024 06:38 PM IST
Luxury homes above ₹1 crore witness 41% growth in sales
Delhi-NCR and Mumbai account for almost half of ₹1 crore home sales in H12024; Affordable and mid-segment housing expected to bounce back: Knight Frank report
![NCR and Mumbai accounted for almost half of premium category sales in H1 2024, a new report by Knight Frank India showed. (Representational photo)(Unsplash) NCR and Mumbai accounted for almost half of premium category sales in H1 2024, a new report by Knight Frank India showed. (Representational photo)(Unsplash)](https://images.hindustantimes.com/img/2024/07/04/148x111/Real-estate-housing_1720081687482_1720081687661.jpg)
Published on Jul 04, 2024 02:07 PM IST
Budget 2024: Real estate sector pins hopes on support for affordable housing
Budget 2024: The real estate sector hopes that the govt would extend tax breaks to developers for affordable housing, and improve affordability for homebuyers
![With the Union Budget 2024-25 set to be tabled next month, the real estate sector hopes that interest stimulants previously extended to homebuyers and developers of affordable housing would be renewed (Representational photo) With the Union Budget 2024-25 set to be tabled next month, the real estate sector hopes that interest stimulants previously extended to homebuyers and developers of affordable housing would be renewed (Representational photo)](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/Affordable-housing_1719465570698_1719465570840.jpg)
Published on Jun 27, 2024 11:04 AM IST
Ajay Devgn leases commercial property in Mumbai for ₹9 lakh per month
Ajay Devgn has rented out a commercial property located in a building called Lotus Signature in Veera Desai Road Extension, Andheri West, Mumbai, for five years
Published on Jun 24, 2024 05:23 PM IST
Co-living firms welcome GST Council's proposal to exempt GST on hostel services
Co-living service providers have welcomed the GST Council's proposal to exempt GST on accommodation services charging up to ₹20,000 per month per person
![Providing relief to students and working professionals, the GST Council has recommended exempting accommodation services having a value of supply up to <span class='webrupee'>₹</span>20,000 per person per month from GST.(Unsplash) Providing relief to students and working professionals, the GST Council has recommended exempting accommodation services having a value of supply up to <span class='webrupee'>₹</span>20,000 per person per month from GST.(Unsplash)](https://www.hindustantimes.com/ht-img/img/2024/06/23/148x111/Real-estate-hostels-GST_1719145277212_1719145277372.jpg)
Published on Jun 23, 2024 06:08 PM IST
UPRERA News: Authority to accept only written complaints from homebuyers
UPRERA has said it will only accept complaints in writing from homebuyers as some of them often change the ‘sought relief’ after the final order has been passed
![UPRERA has decided to standardize written submission of complaints by homebuyers UPRERA has decided to standardize written submission of complaints by homebuyers](https://www.hindustantimes.com/ht-img/img/2024/06/21/148x111/UP-RERA-real-estate_1718964824970_1718964825140.jpg)
Published on Jun 21, 2024 03:59 PM IST
This is what it will cost you to be neighbors with Shatrughan Sinha
The reserve price for the Mumbai property, located in the same neighborhood where Shatrughan Sinha and Sara Ali Khan live, is set at ₹104.11 crore
![The Union Bank of India has issued a public notice to sell properties of Indus Projects Limited and its promoters after they failed to pay the dues. The building is located in the same neighborhood where Shatrughan Sinha lives.(HT FILE PHOTO.) The Union Bank of India has issued a public notice to sell properties of Indus Projects Limited and its promoters after they failed to pay the dues. The building is located in the same neighborhood where Shatrughan Sinha lives.(HT FILE PHOTO.)](https://www.hindustantimes.com/ht-img/img/2024/06/21/148x111/Shatrughan_Sinha-real-estate_1718941812379_1718941812652.jpg)
Published on Jun 19, 2024 03:10 PM IST
Rainwater harvesting should not be an addendum to our buildings: Govt official
Real estate developers should provide both rain harvesting and solar energy for all housing projects, said a senior official of MoHUA
![D Thara, additional secretary of the ministry of housing and urban affairs, said at the Naredco MAHI conference in Delhi that rainwater harvesting cannot be an addendum to buildings D Thara, additional secretary of the ministry of housing and urban affairs, said at the Naredco MAHI conference in Delhi that rainwater harvesting cannot be an addendum to buildings](https://www.hindustantimes.com/ht-img/img/2024/06/14/148x111/Naredco-real-estate_1718374054932_1718374055182.jpeg)
Published on Jun 14, 2024 07:46 PM IST
All that you need to know about UP RERA’s model format for possession letters
Real estate developers and homebuyers have objected to UPRERA's model format of offering possession letters and demanded that the authority reconsider it
![UPRERA has said that real estate developers can issue possession letters to homebuyers only after they have received the occupancy certificates from the development authorities UPRERA has said that real estate developers can issue possession letters to homebuyers only after they have received the occupancy certificates from the development authorities](https://www.hindustantimes.com/ht-img/img/2024/06/12/148x111/UP-RERA-real-estate_1718173067410_1718173067691.jpg)
Published on Jun 12, 2024 12:26 PM IST
PMAY initiative for 3 crore homes to help revive the affordable housing segment
Union Cabinet’s nod to 3 crore houses under PMAY is aimed at ensuring continuity to the Housing for All scheme; will help revive the affordable housing segment
![Union Cabinet’s nod to 3 crore houses under PMAY is aimed at ensuring continuity to the Housing for All scheme. (Representational photo) (Sourced) Union Cabinet’s nod to 3 crore houses under PMAY is aimed at ensuring continuity to the Housing for All scheme. (Representational photo) (Sourced)](https://www.hindustantimes.com/ht-img/img/2024/06/11/148x111/Affordable-housing-real-estate_1718099143946_1718099144081.jpg)
Published on Jun 11, 2024 03:26 PM IST
UK Consulate buys office space in Mumbai from Lodha Group for ₹101.2 crore
The UK Consulate has bought 12 office units from Macrotech Developers Ltd in the project One Lodha Place in Lower Parel, Mumbai, for ₹101.2 crore
![The UK Consulate has bought 12 office units from Macrotech Developers Ltd, which operates under the Lodha brand, in the project One Lodha Place in Lower Parel, Mumbai, for <span class='webrupee'>₹</span>101.2 crore (Representational photo) (Photo by Anshuman Poyrekar/Hindustan Times) The UK Consulate has bought 12 office units from Macrotech Developers Ltd, which operates under the Lodha brand, in the project One Lodha Place in Lower Parel, Mumbai, for <span class='webrupee'>₹</span>101.2 crore (Representational photo) (Photo by Anshuman Poyrekar/Hindustan Times)](https://www.hindustantimes.com/ht-img/img/2024/06/10/148x111/Mumbai-real-estate_1718025567264_1718025567416.jpg)
Published on Jun 10, 2024 06:45 PM IST
Real estate sector pins hopes on Modi 3.0; pushes for focus on infra development
The real estate sector hopes that the new government will continue to focus on infra development, affordable housing, and work towards rationalization of taxes
![With Narendra Modi taking oath as the prime minister for the third time, the real estate sector hopes that the new government will continue to focus on infra development and affordable housing(HT FILE) With Narendra Modi taking oath as the prime minister for the third time, the real estate sector hopes that the new government will continue to focus on infra development and affordable housing(HT FILE)](https://www.hindustantimes.com/ht-img/img/2024/06/10/148x111/_c24a5044-2ead-11ea-96cb-8d9426408fe0_1718001322565.jpg)
Published on Jun 10, 2024 12:54 PM IST
Unchanged interest rates expected to have a stabilizing effect on real estate
Credai urges RBI to reduce repo rates in the upcoming monetary policy to reduce home loan interest rates and stimulate housing demand
![As expected, the Reserve Bank of India (RBI) left its key interest rates unchanged on June 7. This, say real estate experts, augurs well for homebuyers and developers(ANI) As expected, the Reserve Bank of India (RBI) left its key interest rates unchanged on June 7. This, say real estate experts, augurs well for homebuyers and developers(ANI)](https://www.hindustantimes.com/ht-img/img/2024/06/07/148x111/ANI-RBI-policy-rates-real-estate_1717753009347_1717753009532.jpg)
Published on Jun 07, 2024 03:25 PM IST
Real estate firm director buys sea-facing luxury flat in Mumbai for ₹97 cr
The luxury apartment in Mumbai is spread across 14,911 sq ft and is located on the 44th floor of the Three Sixty West project
![Top real estate deal](https://www.hindustantimes.com/ht-img/img/2024/06/05/148x111/Property_deal-_Mumbai_1715947054768_1717589229799.jpeg)
Published on Jun 05, 2024 05:39 PM IST
Real estate sector hopes for continued focus on infra development
Election 2024 results impact: NAREDCO national president G Hari Babu said that the new government should focus on affordable housing and infra development
![Election 2024 results: The real estate sector hopes that the new government would continue to focus on infrastructure development, work towards lowering home loan interest rates, prioritize affordable housing, and provide tax incentives for sustainable development. (Representational Photo) Election 2024 results: The real estate sector hopes that the new government would continue to focus on infrastructure development, work towards lowering home loan interest rates, prioritize affordable housing, and provide tax incentives for sustainable development. (Representational Photo)](https://www.hindustantimes.com/ht-img/img/2024/06/04/148x111/Election_Results-real-estate_1717508253254_1717508253613.jpg)
Published on Jun 04, 2024 07:12 PM IST
10 things you must know about the impact of elections on the real estate sector
Election 2024 results impact: Real estate investors tend to become cautious during elections on account of possible policy changes, say experts
![The real estate sector generally tends to ‘slow’ down during the general elections, there are few launches and investors opt for a ‘wait and watch’ approach (Representational photo) The real estate sector generally tends to ‘slow’ down during the general elections, there are few launches and investors opt for a ‘wait and watch’ approach (Representational photo)](https://www.hindustantimes.com/ht-img/img/2024/06/04/148x111/Elections-real-estate_1717470915328_1717470915486.jpg)
Updated on Jun 04, 2024 10:53 AM IST
Fire safety in high-rise buildings: 12 things residents should know
Amid the ongoing heatwave, here’s what residents must know about fire safety if they reside in high-rise buildings
![Fire breaks out in Noida's Lotus Boulevard Society. Here’s what you should know if you reside in a multi-storey building,, more so if you live on the higher floors. Fire breaks out in Noida's Lotus Boulevard Society. Here’s what you should know if you reside in a multi-storey building,, more so if you live on the higher floors.](https://www.hindustantimes.com/ht-img/img/2024/06/01/148x111/Noida-fire-real-estate_1717218870931_1717218871072.jpg)
Published on Jun 01, 2024 11:03 AM IST
Peyush Bansal, Lenskart’s co-founder, three others register flats in Gurugram
Peyush Bansal, Ram Gopal Agarwal, group chairman and founder at Dhanuka Agritech Ltd, two others register luxury properties in DLF's The Camellias in Gurugram
![Peyush Bansal, co-founder of Lenskart, and promoters of Dhanuka Agritech have registered conveyance deeds of four super luxury apartments worth more than <span class='webrupee'>₹</span>100 crore in DLF’s uber luxury project ‘The Camellias’ in Gurugram.(X) Peyush Bansal, co-founder of Lenskart, and promoters of Dhanuka Agritech have registered conveyance deeds of four super luxury apartments worth more than <span class='webrupee'>₹</span>100 crore in DLF’s uber luxury project ‘The Camellias’ in Gurugram.(X)](https://www.hindustantimes.com/ht-img/img/2024/05/31/148x111/Peyush_Goyal_Twitter_1717129234184_1717129246792.jpg)
Published on May 30, 2024 05:44 PM IST
How many properties does Hardik Pandya own? Or does he live on rent?
Hardik and Krunal Pandya have taken up three ‘jodi apartments’ that are part of a project in Lower Parel area in Mumbai known as Lotus Enpar Residency
![Indian cricket team all-rounder Hardik Pandya and his brother Krunal Pandya have together taken three ‘jodi’ apartments on rent in the Lower Parel area in Mumbai(X-Image/@hardikpandya7) Indian cricket team all-rounder Hardik Pandya and his brother Krunal Pandya have together taken three ‘jodi’ apartments on rent in the Lower Parel area in Mumbai(X-Image/@hardikpandya7)](https://www.hindustantimes.com/ht-img/img/2024/05/30/148x111/Hardik_Pandya_real-estate_1717043782042_1717043782196.jpg)
Published on May 30, 2024 10:08 AM IST
Sonu Nigam's father buys property in Mumbai for ₹12 crore
Sonu Nigam’s father, Agam Kumar Nigam, has purchased a 2022.88 sq ft built-up property in Andheri West, Mumbai, property registration documents showed
![Sonu Nigam's father buys property in Mumbai for <span class='webrupee'>₹</span>12 crore Sonu Nigam's father buys property in Mumbai for <span class='webrupee'>₹</span>12 crore](https://www.hindustantimes.com/ht-img/img/2024/05/29/148x111/Sonu-Nigam-real-estate_1716984418300_1716984418463.jpeg)
Published on May 29, 2024 05:38 PM IST
Godrej & Boyce sells office space in Mumbai to Godrej Industries for ₹157 cr
The Godrej family announced on April 30 that it was splitting the 127-year-old group into two entities — Godrej Enterprises and Godrej Industries
![Godrej & Boyce Manufacturing Company Limited has transferred an office space spread across an area of 48,729.92 sq ft located in Vikhroli (East) for a consideration of <span class='webrupee'>₹</span>157 crore to Godrej Industries Ltd (Representational photo)(AP | Representational image) Godrej & Boyce Manufacturing Company Limited has transferred an office space spread across an area of 48,729.92 sq ft located in Vikhroli (East) for a consideration of <span class='webrupee'>₹</span>157 crore to Godrej Industries Ltd (Representational photo)(AP | Representational image)](https://www.hindustantimes.com/ht-img/img/2024/05/26/148x111/india-real-estate_1716720116300_1716720116485.jpg)
Updated on May 28, 2024 09:16 AM IST
Mumbai real estate deal: 360 One founder buys two luxury flats for ₹170 crore
The two luxury flats apartments located in Oberoi Realty’s luxury project Three Sixty West are spread over an area of 12,896 sq ft and cost ₹85.03 crore each
![Karan Bhagat, founder and CEO of 360 One, that was earlier known as IIFL Wealth & Asset Management, has bought two sea-view properties in Oberoi Realty’s project Three Sixty West in Mumbai. Karan Bhagat, founder and CEO of 360 One, that was earlier known as IIFL Wealth & Asset Management, has bought two sea-view properties in Oberoi Realty’s project Three Sixty West in Mumbai.](https://www.hindustantimes.com/ht-img/img/2024/05/27/148x111/Oberoi_realty_360__West_1716804424163_1716804424374.jpeg)
Published on May 27, 2024 03:57 PM IST
Fractional ownership platforms start process of registering under SM REIT norms
Fractional ownership platforms such as Strata, hBits, WiseX, EFC (I) Ltd start the process of registering under SMREIT regulations
![Several fractional ownership platforms have started the process of registering under SM REIT regulations (Representational photo)(Pixabay) Several fractional ownership platforms have started the process of registering under SM REIT regulations (Representational photo)(Pixabay)](https://www.hindustantimes.com/ht-img/img/2024/05/22/148x111/Fractional-ownership-real-estate_1716355457969_1716355458310.jpg)
Published on May 22, 2024 12:15 PM IST