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News / Real Estate

One in four cases settled after admission under IBC from the real estate sector

Published on Jul 22, 2024 09:07 PM IST

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 23-2024: Nearly 1.25 lakh complaints resolved by RERA

As of July 1, 2024, nearly 1.25 lakh complaints were resolved by real estate regulatory authorities of various states, according to the Economic Survey 2023-24

Published on Jul 22, 2024 05:12 PM IST

Economic Survey calls for adaptive strategy, policies for cost-effective housing

More than half of India’s population was projected to reside in urban areas by 2050 compared to 31% in 2011. (HT PHOTO/Representative)

Published on Jul 22, 2024 07:07 PM IST

Economic Survey: Housing sector on a growth trajectory

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)

Published on Jul 22, 2024 05:32 PM IST

Mumbai real estate: Here's why rental registrations are up by 13% in H1 2024

A total of 1.90 lakh rental agreements, also known as leave and license agreements, were registered in Mumbai’s real estate market in the first six months of 2024 - a 13% increase. (Picture for representational purpose)

Published on Jul 22, 2024 10:06 AM IST

NCLT begins insolvency resolution process against Supertech

The tribunal (NCLT) said that since the developer’s account was termed as non-performing assets in 2018 itself, the promoter cannot be considered that he will complete and deliver the project, thereby starting the CIRP. (Sunil Ghosh/HT Photo)

Updated on Jul 22, 2024 09:48 AM IST

L&T’s realty arm sells commercial space for ₹100 crore in Navi Mumbai

Larsen & Toubro’s realty arm L&T Seawoods Limited has sold 59,457 sq ft of commercial space for ₹100 crore to Suryoday Small Finance Bank. (Picture for representational purposes only)

Published on Jul 20, 2024 05:09 PM IST

Budget 2024: Credai’s wish list for the FM includes tax sops for homebuyers

Budget 2024: Credai in its wish list for the FM has said that the government should consider offering incentives to builders to construct affordable housing projects as well as streamline the approval process. (Representational photo)

Published on Jul 20, 2024 04:16 PM IST

Gurgaon land release case: ED attaches properties of realty company M3M India

Enforcement Directorate (ED) attaches immovable properties valued at ₹300 crore belonging to M3M India Infrastructures Private Ltd under the provisions of the Prevention of Money Laundering Act (PMLA). (ANI)

chandigarh news

Updated on Jul 20, 2024 10:34 AM IST

Bengaluru bucks national trend of rising demand for luxury homes: Report

Bengaluru bucks national trend of rising demand for luxury homes priced ₹4 crore and above (Representational photo)

Published on Jul 19, 2024 06:35 PM IST

Pune property registrations up by 60% YoY, cross 14,230 in June 2024

The Pune real estate market saw a 60% year-on-year (YoY) spike in property registrations in June 2024 with 14,230 properties being registered as against 14,309 a year back.

Published on Jul 19, 2024 06:24 PM IST

JSW Group buys office spaces spanning 52,000 sq ft for ₹88 crore in Mumbai

JSW Group buys office space spanning 52,000 sq ft for ₹88 crore in Mumbai (Representational photo)

Published on Jul 19, 2024 05:35 PM IST

Maharashtra government slashes penalty on under payment of stamp duty

The Maharashtra government has reduced the penalty for under payment of stamp duty by half - from two percent to one percent- with the aim of earning a revenue of ₹200 crore.

Published on Jul 19, 2024 12:12 PM IST

COWRKS leases four centres spanning 1.4 lakh sq ft in Mumbai and Bengaluru

Flexible workspace provider COWRKS leases four centres spanning 1.4 lakh sq ft in Mumbai and Bengaluru

Published on Jul 19, 2024 09:42 AM IST

London-listed Dar Global to launch Trump tower Dubai in 2025

The Trump Organization, the company of former U.S. President Donald Trump, has teamed up with Saudi luxury international real estate developer Dar Global to build a Trump-branded tower in Dubai (Representational photo)

Published on Jul 18, 2024 09:06 PM IST

Here’s a look at Priyanka Chopra’s real estate portfolio in India and the US

Bollywood actor Priyanka Chopra Jonas is a keen investor in the real estate space and owns almost half a dozen assets in India and the US.

Published on Jul 19, 2024 08:47 AM IST

Is Karnataka’s jobs quota Bill bad news for the state’s real estate sector?

Karnataka government’s proposed Bill on job reservation for locals in the private sector could pose a major blow to the state’s real estate market, say experts (Representational photo)

Published on Jul 18, 2024 04:16 PM IST

Budget 2024: Naredco proposes higher home loan deduction limit, SWAMIH 2.0

NAREDCO has suggested that the finance minister consider increasing the tax exemption on interest on self-occupied property loans to ₹5 lakh from the current limit of ₹2 lakh .

Updated on Jul 18, 2024 02:31 PM IST

ASK Property Fund invests ₹190 crore in Kalpataru's Mumbai project

ASK Property Fund said that it has invested ₹190 crore in a upper mid-segment project being developed by Kalpataru in Borivali West, Mumbai (Photo by Satish Bate/ Hindustan Times) (Hindustan Times) (Representational photo)

Published on Jul 18, 2024 01:06 PM IST

Luxury housing sales up by 27% in the Jan-June period; Delhi- NCR tops list

More than 8500 luxury housing units were sold in the January to June 2024 period compared to around 6,700 units during the same period last year, a CBRE report has said (Representational photo)

Published on Jul 18, 2024 12:31 PM IST

Uttar Pradesh Cabinet approves the Lift and Escalator Rules 2024

UP Cabinet approves the Lift and Escalator Rules-2024. On August 3 last year, a 73-year-old woman died after the lift she was travelling in malfunctioned and went into free fall at a high-rise society in Noida’s Sector 137. (HT Archive)

Updated on Jul 18, 2024 10:16 AM IST

Yeida to raise ₹7,635 crore funds this fiscal by selling land parcels

The Yamuna authority aims to earn ₹2,531 crore revenue from housing department’s plot schemes, ₹65 crore from ready to move flats, ₹736 crore from institutional plots, ₹1,642 crore from group housing plots, ₹830 crore from industrial plots, and ₹501 crore from mixed land use plots, among others. (HT Archive)

Updated on Jul 18, 2024 10:25 AM IST

DLF to expand housing, commercial property biz; entering Mumbai, Goa

Realty major DLF will focus on expanding its business to develop residential and commercial projects and is entering new markets Mumbai and Goa (Representational photo)

Published on Jul 17, 2024 08:57 PM IST

Budget 2024 expectations: Top demands of co-working and co-living players

Co-working and co-living players demand tax cuts, integration with SEZs in Union Budget 2024 (Representational photo)

Updated on Jul 18, 2024 02:32 PM IST

Author Amish Tripathi buys an apartment in Mumbai's Worli area for ₹14 crore

Author Amish Tripathi has bought a property in Worli in Mumbai for ₹13.65 crore, documents showed

Published on Jul 17, 2024 05:45 PM IST

KL Rahul and wife Athiya Suneil Shetty purchase ₹20 crore apartment in Mumbai

Cricketer KL Rahul and his wife Athiya Suneil Shetty, daughter of Bollywood actor Suniel Shetty, have purchased an apartment in Pali Hill area in Bandra.

Published on Jul 18, 2024 11:15 AM IST

Bengaluru’s rental housing market records 5-10% average price correction in Q2

Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter of 2024, as per local brokers (Representational photo)

Published on Jul 17, 2024 02:30 PM IST

Buying land in Noida becomes more costly as allotment rates hiked by 6%

The hike in land allotment rates comes after the board meeting of the Noida Authority in Lucknow where the decision was taken.

Updated on Jul 18, 2024 11:41 AM IST

Former Maharashtra chief secretary Manoj Saunik new MahaRERA chairman

Former Maharashtra chief secretary Manoj Saunik, a retired Indian Administrative Office (IAS) of the 1987 batch, will take charge as the new chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA).

Published on Jul 17, 2024 10:33 AM IST

MHADA auctions five plots in Mumbai for over ₹192 crore

The Maharashtra Housing and Area Development Authority’s (MHADA) auction of five plots in Mumbai has fetched over ₹192 crore. (Representational photo)

Published on Jul 16, 2024 09:44 PM IST