[
Real Estate
]PAGE 2
Luxury housing sales up by 27% in the Jan-June period; Delhi- NCR tops list
Published on Jul 18, 2024 12:31 PM IST
Delhi-NCR topped with sales of around 3,300 luxury housing units, a 13.8% Y-o-Y increase, followed by Mumbai at 2,500 units, recording 13.6% Y-o-Y growth
![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)(Pexels) 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)(Pexels)](https://cdn.statically.io/img/images.hindustantimes.com/img/2024/07/18/550x309/luxury-real-estate_1721284294050_1721284294327.jpeg)
Uttar Pradesh Cabinet approves the Lift and Escalator Rules 2024
The U.P. Lift and Escalator Act-2024 was passed by the Legislature on February 26, 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) 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)](https://images.hindustantimes.com/img/2024/07/18/148x111/Lifts-real-estate_1721277823197_1721277823351.jpg)
Updated on Jul 18, 2024 08:50 AM IST
HT Correspondent, Lucknow
Yeida to raise ₹7,635 crore funds this fiscal by selling land parcels
YEIDA requires funds to urbanise the area along Yamuna Expressway, near the greenfield Noida international airport to cater to the demands of investors
![The Yamuna authority aims to earn <span class='webrupee'>₹</span>2,531 crore revenue from housing department’s plot schemes, <span class='webrupee'>₹</span>65 crore from ready to move flats, <span class='webrupee'>₹</span>736 crore from institutional plots, <span class='webrupee'>₹</span>1,642 crore from group housing plots, <span class='webrupee'>₹</span>830 crore from industrial plots, and <span class='webrupee'>₹</span>501 crore from mixed land use plots, among others. (HT Archive) The Yamuna authority aims to earn <span class='webrupee'>₹</span>2,531 crore revenue from housing department’s plot schemes, <span class='webrupee'>₹</span>65 crore from ready to move flats, <span class='webrupee'>₹</span>736 crore from institutional plots, <span class='webrupee'>₹</span>1,642 crore from group housing plots, <span class='webrupee'>₹</span>830 crore from industrial plots, and <span class='webrupee'>₹</span>501 crore from mixed land use plots, among others. (HT Archive)](https://images.hindustantimes.com/img/2024/07/17/150x84/The-Yamuna-authority-aims-to-earn--2-531-crore-rev_1721237540372.jpg)
Updated on Jul 18, 2024 05:06 AM IST
Vinod Rajput, Greater Noida
DLF to expand housing, commercial property biz; entering Mumbai, Goa
“The markets response to our products continues to be very encouraging. It is with this conviction that we are entering new geographies like Mumbai and 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) 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)](https://images.hindustantimes.com/img/2024/07/17/148x111/DLF-real-estate_1721229611022_1721229611440.jpg)
Published on Jul 17, 2024 08:58 PM IST
PTI |
Budget 2024 expectations: Top demands of co-working and co-living players
With just a few days to go for FM Nirmala Sitharaman's budget 2024 announcement, co-working and co-living firms demand integration with SEZs, input tax credit
![Co-working and co-living players demand tax cuts, integration with SEZs in Union Budget 2024 (Representational photo)(Unsplash) Co-working and co-living players demand tax cuts, integration with SEZs in Union Budget 2024 (Representational photo)(Unsplash)](https://images.hindustantimes.com/img/2024/07/17/148x111/Flex_office_1721216089334_1721216089500.jpg)
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, known for his mythological fiction series, has bought a property in Worli, Mumbai, for ₹13.65 crore
![Author Amish Tripathi has bought a property in Worli in Mumbai for <span class='webrupee'>₹</span>13.65 crore, documents showed Author Amish Tripathi has bought a property in Worli in Mumbai for <span class='webrupee'>₹</span>13.65 crore, documents showed](https://images.hindustantimes.com/img/2024/07/17/148x111/AUTHOR-AMISH-TRIPATHI--real-estate_1721217074125_1721217074452.jpg)
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’s apartment measures 3,350 sq ft and is located in an 18-floor building in Pali Hill area in Bandra, according to the documents.
![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.(AP) 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.(AP)](https://images.hindustantimes.com/img/2024/07/18/148x111/KL_Rahul-real-estate_1721281425433_1721281425778.jpg)
Published on Jul 17, 2024 05:09 PM IST
Bengaluru’s rental housing market records 5-10% average price correction in Q2
Here’s a reason for tenants in Bengaluru to cheer - the city's rental housing market is witnessing an average price correction of 5-10%, say local brokers
![Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter of 2024, as per local brokers (Representational photo)(Pixabay) Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter of 2024, as per local brokers (Representational photo)(Pixabay)](https://images.hindustantimes.com/img/2024/07/17/148x111/real-estate-Bengaluru_1721206587888_1721206588165.jpg)
Published on Jul 17, 2024 02:30 PM IST
Buying land in Noida becomes more costly as allotment rates hiked by 6%
Noida authority raises land allotment rates by six percent across categories except commercial plots. Check details below
![The hike in land allotment rates comes after the board meeting of the Noida Authority in Lucknow where the decision was taken. The hike in land allotment rates comes after the board meeting of the Noida Authority in Lucknow where the decision was taken.](https://images.hindustantimes.com/img/2024/07/17/148x111/Officials-report-that-16-out-of-57-realtors-have-n_1720981114846_1721190653292.jpg)
Updated on Jul 18, 2024 11:41 AM IST
HT News Desk | Edited by Mallika Soni
Former Maharashtra chief secretary Manoj Saunik new MahaRERA chairman
Former Maharashtra chief secretary Manoj Saunik has been appointed as the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA)
![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).(Mehul R Thakkar) 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).(Mehul R Thakkar)](https://images.hindustantimes.com/img/2024/07/16/148x111/MahaRERA_1717994035730_1721145178142.jpeg)
Published on Jul 16, 2024 09:55 PM IST
MHADA auctions five plots in Mumbai for over ₹192 crore
Out of the five plots that were auctioned by the MHADA's Mumbai Board, four plots were reserved for educational uses, and one for health purposes
![The Maharashtra Housing and Area Development Authority’s (MHADA) auction of five plots in Mumbai has fetched over <span class='webrupee'>₹</span>192 crore. (Representational photo)(Parveen Kumar/Hindustan Times) The Maharashtra Housing and Area Development Authority’s (MHADA) auction of five plots in Mumbai has fetched over <span class='webrupee'>₹</span>192 crore. (Representational photo)(Parveen Kumar/Hindustan Times)](https://images.hindustantimes.com/img/2024/07/16/148x111/land_1721144572762_1721144573022.jpg)
Published on Jul 16, 2024 09:44 PM IST
Altern Capital launches maiden real estate fund with a target of ₹250 crore
Real estate investment management firm Altern Capital has launched its maiden fund targeting a total of ₹250 crore, with AI Growth Private Ltd as its sponsor
![Real estate investment management firm Altern Capital launches maiden fund with a target of <span class='webrupee'>₹</span>250 crore (Representational photo)(Unsplash) Real estate investment management firm Altern Capital launches maiden fund with a target of <span class='webrupee'>₹</span>250 crore (Representational photo)(Unsplash)](https://images.hindustantimes.com/img/2024/07/16/148x111/photo-1512699355324-f07e3106dae5_1721129002551_1721129030818.jpg)
Published on Jul 16, 2024 06:28 PM IST
CIDCO auction: 5 things to know about plots and shops on offer in Navi Mumbai
CIDCO plots are located close to the upcoming Navi Mumbai International Airport and JNPT Port.
![City Industrial Development Corporation (CIDCO) has announced the sale of 48 plots for residential, industrial and hotel use along with 218 shops.(HT File Photo) City Industrial Development Corporation (CIDCO) has announced the sale of 48 plots for residential, industrial and hotel use along with 218 shops.(HT File Photo)](https://images.hindustantimes.com/img/2024/07/16/148x111/_8507a220-3343-11e8-8c5f-3c6cc031651e_1721127416567.jpg)
Published on Jul 16, 2024 05:06 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
Despite upcoming launches, property prices unlikely to moderate in Bengaluru
Bengaluru real estate: Of late, several realty developers have closed land deals in Bengaluru, hoping to cash in on the booming residential real estate demand
![Despite several launches on the anvil, residential property prices are unlikely to moderate in Bengaluru, industry players say (Representational photo)(Pexels) Despite several launches on the anvil, residential property prices are unlikely to moderate in Bengaluru, industry players say (Representational photo)(Pexels)](https://images.hindustantimes.com/img/2024/07/16/148x111/Bengaluru-real-estate_1721110862573_1721110862781.jpeg)
Published on Jul 16, 2024 11:29 AM IST
After Amitabh Bachchan, Kriti Sanon now buys a 2,000 sq ft property in Alibaug
Kriti Sanon has purchased the land parcel in the Sol de Alibaug project by The House of Abhinandan Lodha (HoABL), the company said in a statement
![Bollywood actor Kriti Sanon has purchased a 2,000 sqft plot in Alibaug, a second home destination near Mumbai. (HT Files) Bollywood actor Kriti Sanon has purchased a 2,000 sqft plot in Alibaug, a second home destination near Mumbai. (HT Files)](https://images.hindustantimes.com/img/2024/07/11/148x111/s9_1720511891169_1720699928280.jpg)
Published on Jul 16, 2024 11:24 AM IST
Yeida sells two group housing plots near Jewar airport for ₹250 crore
These plots have been allotted through e-auction where the plot is sold to the one who places the highest bid against the reserve price, YEIDA officials said
![The authority invited bids under the Yamuna Expressway Industrial Development Authority’s Group Housing Plots Scheme YEA-GH-07/2024 and completed the e-auction proceedings on July 12. (Sunil Ghosh/HT Photo) The authority invited bids under the Yamuna Expressway Industrial Development Authority’s Group Housing Plots Scheme YEA-GH-07/2024 and completed the e-auction proceedings on July 12. (Sunil Ghosh/HT Photo)](https://images.hindustantimes.com/img/2024/07/15/150x84/The-authority-invited-bids-under-the-Yamuna-Expres_1721067894243.jpg)
Updated on Jul 16, 2024 05:58 AM IST
Vinod Rajput, Greater Noida
Rustomjee Group launches 32 luxury sea view apartments in Mumbai's Versova
Mumbai real estate: Rustomjee Group said the project offers 32 luxury 4 BHK apartments with a carpet area ranging from 2,394 to 2,521 square feet
![Rustomjee Group, on July 15 announced a luxury project named Ocean Vista in Versova area of Mumbai. (Rustomjee Group) Rustomjee Group, on July 15 announced a luxury project named Ocean Vista in Versova area of Mumbai. (Rustomjee Group)](https://images.hindustantimes.com/img/2024/07/15/148x111/Mumbai_real_estate_1721055635765_1721055636287.jpg)
Published on Jul 15, 2024 09:51 PM IST
Co-working firm Incuspaze leases 1.15 lakh sq ft office space in Bengaluru
Incuspaze is also planning to expand its footprint in neighbouring Chennai and Hyderabad by 2 million square feet over the next two years
![Coworking firm Incuspaze leases 1.15 lakh square feet office space in Bengaluru (Representational photo)(Incuspaze) Coworking firm Incuspaze leases 1.15 lakh square feet office space in Bengaluru (Representational photo)(Incuspaze)](https://images.hindustantimes.com/img/2024/07/15/148x111/Incuspaze_Gurugram_small_1719819336234_1721053337671.jpg)
Published on Jul 15, 2024 08:15 PM IST
Nielsen Media leases office space in Mumbai for ₹3.87 crore per month
Nielsen Media and its subsidiary Whats On Media have leased a 1.52 lakh sq ft office space in Commerze III, a project by Oberoi Realty, in Mumbai
![Nielsen Media and its subsidiary Whats On Media have taken up a 1.52 lakh sq ft office space in Mumbai (Representational photo)(Unsplash) Nielsen Media and its subsidiary Whats On Media have taken up a 1.52 lakh sq ft office space in Mumbai (Representational photo)(Unsplash)](https://images.hindustantimes.com/img/2024/07/15/148x111/Office-real-estate_1721044730859_1721044731093.jpg)
Published on Jul 15, 2024 05:46 PM IST
Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024
Homebuyers in Hyderabad are seeking larger and higher-value properties priced over ₹1 crore, evident in the segment's 96% YoY growth in June, 2024
![Hyderabad registers 7,014 housing units worth <span class='webrupee'>₹</span>4,288 crore in June 2024 (Representational photo)(Unsplash) Hyderabad registers 7,014 housing units worth <span class='webrupee'>₹</span>4,288 crore in June 2024 (Representational photo)(Unsplash)](https://images.hindustantimes.com/img/2024/07/15/148x111/photo-1689574666875-6c591bca0b32_1721041737285_1721041756067.jpg)
Published on Jul 15, 2024 05:12 PM IST
Details of realty project grading likely to be made public in a month: MahaRERA
The MahaRERA intends employing artificial intelligence (AI) tools to grade real estate projects in Maharashtra, said Ajoy Mehta, chairman of MahaRERA
![The MahaRERA intends employing artificial intelligence (AI) tools to grade real estate projects in Maharashtra, Ajoy Mehta, chairman of MahaRERA told HT.com(Mehul R Thakkar) The MahaRERA intends employing artificial intelligence (AI) tools to grade real estate projects in Maharashtra, Ajoy Mehta, chairman of MahaRERA told HT.com(Mehul R Thakkar)](https://images.hindustantimes.com/img/2024/07/15/148x111/Ajoy_Mehta_1721028472599_1721028519210.jpeg)
Updated on Jul 15, 2024 01:46 PM IST
Average time taken to complete real estate projects lowest in Chennai
At 36%, Chennai saw the highest reduction of construction time among the top 7 cities in the last decade, despite incessant rains during the monsoon season
Published on Jul 15, 2024 11:04 AM IST
Bengaluru top choice for non-resident Indians eyeing budget & mid-segment homes
In Bengaluru, as many as 60% NRIs buy property for investment purposes while 40% for end-use. They prefer areas with high rental demand, generally near IT hubs
![Bengaluru holds on to its status as the top choice for non-resident Indians eyeing budget and mid-segment homes (Representational photo)(Pixabay) Bengaluru holds on to its status as the top choice for non-resident Indians eyeing budget and mid-segment homes (Representational photo)(Pixabay)](https://images.hindustantimes.com/img/2024/07/16/148x111/Home_1721130283927_1721130284211.png)
Published on Jul 15, 2024 08:58 AM IST
All about Virat Kohli’s newly-built holiday home in Alibaug
Virat Kohli took to the social media to share a glimpse of his Alibaug home. Here’s what you should know if you're planning to buy a second home in the area
![Virat Kohli took to his social media channels to share a glimpse of his newly-built holiday home in Alibaug(Virat Kohli's Instagram account) Virat Kohli took to his social media channels to share a glimpse of his newly-built holiday home in Alibaug(Virat Kohli's Instagram account)](https://images.hindustantimes.com/img/2024/07/12/148x111/kohli_alibaug_1720504066216_1720761069630.jpg)
Published on Jul 14, 2024 08:27 AM IST
Pune-based fractional ownership firm closes 3,500 sq yards land deal in Ayodhya
The Indian fractional ownership market is currently estimated at around $500 million and is expected to grow 10 times in next five years to surpass $5 billion.
![Pune-based fractional ownership platform (FoP) RealX on July 13 announced that it had assisted investors close a 3,500 sq yard land deal in Ayodhya. (Representational photo)(PTI ) Pune-based fractional ownership platform (FoP) RealX on July 13 announced that it had assisted investors close a 3,500 sq yard land deal in Ayodhya. (Representational photo)(PTI )](https://images.hindustantimes.com/img/2024/07/13/148x111/Ayodhya-Dham-Railway-station--PTI-File-_1720719988521_1720886011715.jpg)
Published on Jul 13, 2024 09:45 PM IST
Noida okays ₹7,700 crore budget for 2024-25; land allotment rates hiked by 6%
Delhi-NCR real estate news: Buying land for housing or setting up office in Noida to become more costly as allotment rates hiked by 6%
![On Friday, Uttar Pradesh chief secretary Manoj Kumar Singh, who is also the industrial development commissioner and Noida Authority chairman, presided over the board meeting in Lucknow. (HT Photo) On Friday, Uttar Pradesh chief secretary Manoj Kumar Singh, who is also the industrial development commissioner and Noida Authority chairman, presided over the board meeting in Lucknow. (HT Photo)](https://images.hindustantimes.com/img/2024/07/12/150x84/On-Friday--Uttar-Pradesh-chief-secretary-Manoj-Kum_1720809362330.jpg)
Updated on Jul 13, 2024 06:12 AM IST
Vinod Rajput, Noida
Affordable housing launches drop 21% in April-June period across 7 major cities
As many as 1.59 lakh new housing units were launched in H1 2024 compared to 1.51 lakh units in the same period in H1 2023, a JLL report has said
![Real estate developers' focus on the premium housing segment ( <span class='webrupee'>₹</span>3-5 crore) led to launches growing by around 170% year-on-year (Y-O-Y), luxury segment (above <span class='webrupee'>₹</span>5 crore) followed with 116% growth, a report by JLL said(Pixabay) Real estate developers' focus on the premium housing segment ( <span class='webrupee'>₹</span>3-5 crore) led to launches growing by around 170% year-on-year (Y-O-Y), luxury segment (above <span class='webrupee'>₹</span>5 crore) followed with 116% growth, a report by JLL said(Pixabay)](https://images.hindustantimes.com/img/2024/07/12/148x111/Housing-sales-real-estate_1720801457330_1720801457550.jpg)
Published on Jul 12, 2024 09:47 PM IST
Puravankara Ltd reports flat sales bookings of ₹1,128 crore in Q1 FY25
Puravankara Ltd's average price realization in Q1 FY25 increased 6% annually to ₹8,746 per square feet from 8,277 per sq ft; planned launches deferred to Q2
![Puravankara Ltd reports flat sales bookings of <span class='webrupee'>₹</span>1,128 crore in Q1 FY25 (Representational photo)(Pixabay) Puravankara Ltd reports flat sales bookings of <span class='webrupee'>₹</span>1,128 crore in Q1 FY25 (Representational photo)(Pixabay)](https://images.hindustantimes.com/img/2024/07/12/148x111/Housing_1720791367776_1720791367994.jpg)
Published on Jul 12, 2024 08:41 PM IST
Brigade Group launches new housing tower near Bengaluru airport
Bengaluru-based Brigade Group has launched a new housing tower comprising 948 single-bedroom apartments in its 50-acre township near the airport
![Brigade Group has launched a new housing tower comprising 948 single-bedroom apartments in its 50-acre township near Bengaluru airport(Brigade Group) Brigade Group has launched a new housing tower comprising 948 single-bedroom apartments in its 50-acre township near Bengaluru airport(Brigade Group)](https://images.hindustantimes.com/img/2024/07/12/148x111/Brigade_El_Dorado_1720790467921_1720790477574.jpg)
Published on Jul 12, 2024 07:04 PM IST