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  • SC bans 'apartmentalisation' of residential units in Chandigarh Phase-I Jan 11, 2023 11:24 AM IST

    SC bans 'apartmentalisation' of residential units in Chandigarh Phase-I

    A bench of Justices B R Gavai and B V Nagarathna heard the case and rendered a decision applicable to Phase 1 of Chandigarh which is considered a heritage area, popularly also known as Corbusier Chandigarh.

  • Delhi-NCR housing sales jump 67% in 2022; half the units sold in H2 priced over Rs 1 crore  Jan 11, 2023 10:15 AM IST

    Delhi-NCR housing sales jump 67% in 2022; half the units sold in H2 priced over Rs 1 crore 

    Sales in Noida and Greater Noida hit by the limited availability of new inventory and lack of completed projects. Total unsold inventory in NCR crosses 1 lakh units. 

  • RERA-registered ventures must be considered as ‘public interest projects’: Credai-NCR tells environment minister Jan 10, 2023 08:39 PM IST

    RERA-registered ventures must be considered as ‘public interest projects’: Credai-NCR tells environment minister

    The ban on construction activities due to pollution is not recognised by RERA, development authorities, or town planning department

  • 60-65% employees expected to be back to work in 2023 pushing demand for office space: Knight Frank India Jan 10, 2023 07:52 PM IST

    60-65% employees expected to be back to work in 2023 pushing demand for office space: Knight Frank India

    Gross office leasing stood at 51.6 mn sq ft of space in 2022, a rise of 36% YoY. India-facing businesses are expected to take up more commercial space in 2023 vis-à-vis global businesses, says the real estate consultancy firm’s ‘India Real Estate: 2022’ report.

  • Webhelp India leases more than 60,000 sq ft office space in Gurgaon for Rs 61 lakh per month Jan 10, 2023 06:54 PM IST

    Webhelp India leases more than 60,000 sq ft office space in Gurgaon for Rs 61 lakh per month

    The company has taken the fourth floor of a building in Sector 18, Udyog Vihar from OneQube Realtors and paid a security deposit of Rs 3.7 crore

  • Solar water heaters, solar panels mandatory for OC: Bengaluru municipal body Jan 10, 2023 01:10 PM IST

    Solar water heaters, solar panels mandatory for OC: Bengaluru municipal body

    Experts point out that over 80 percent of the city’s residential buildings have been issued OCs in spite of non-compliance with regulations.

  • MC Exclusive: Dharavi redevelopment work likely to start in Oct 2023: Project CEO SVR Srinivas Jan 10, 2023 01:00 PM IST

    MC Exclusive: Dharavi redevelopment work likely to start in Oct 2023: Project CEO SVR Srinivas

    Srinivas says once the letter of intent is issued to the Adani Group this month, an MoU will be signed in February 2023. This will be followed by a master plan and a special purpose vehicle. Work will commence after monsoon, he said.

  • Institutional investments in retail real estate jumps over 6-fold to $492 million in 2022: Report Jan 10, 2023 10:56 AM IST

    Institutional investments in retail real estate jumps over 6-fold to $492 million in 2022: Report

    In 2021, the retail real estate had attracted only USD 77 million institutional investments because of an adverse impact of the COVID pandemic on the businesses in shopping malls.

  • Hot Property | Check out these 5 Bengaluru homes starting at Rs 5 crore Jan 10, 2023 10:46 AM IST

    Hot Property | Check out these 5 Bengaluru homes starting at Rs 5 crore

    Moneycontrol's latest series on luxury properties features Bengaluru's five properties starting at Rs 5 crore to Rs 22 crore. Take a look

  • Noida reschedulement policy: Only 2 builders opt so far, CEO directs to expedite flat registry process Jan 09, 2023 11:04 PM IST

    Noida reschedulement policy: Only 2 builders opt so far, CEO directs to expedite flat registry process

    The Authority CEO Ritu Maheshwari directed officials to initiate stricter actions such as cancelling the allotment of plots against defaulter builders. Directions have also been issued to expedite the process of execution of registration of flats in those housing societies cases of which are in NCLT and also of those builders who have been permitted flat-wise registries.

  • Lukewarm response to industrial plot scheme prompts Noida Authority to again extend deadline for bids Jan 09, 2023 09:09 PM IST

    Lukewarm response to industrial plot scheme prompts Noida Authority to again extend deadline for bids

    According to officials, there are 6-7 plots where less than three applications have been received. Hence, the date was extended. The rules say that at least three applications should be received against each plot for the process to move to the next stage of e-bidding.

  • Sonam Kapoor’s marquee property bares the reality of Mumbai realty Jan 09, 2023 01:46 PM IST

    Sonam Kapoor’s marquee property bares the reality of Mumbai realty

    Kapoor’s property clocked a meagre 3 percent return over seven years. Which shows that like the rest of the world, Mumbai realty is also subject to gravity.

  • Maharashtra: 5,990 affordable homes for sale via lottery system in Pune region, 2,908 to be sold on first come, first served basis Jan 09, 2023 01:36 PM IST

    Maharashtra: 5,990 affordable homes for sale via lottery system in Pune region, 2,908 to be sold on first come, first served basis

    The unit size for each flat varies from 300 sq ft to above 600 sq ft, and the price varies from Rs 13 lakh to above Rs 60 lakh, depending on the area, according to MHADA.

  • RERA has no jurisdiction over redevelopment component, rules MahaRERA in a South Mumbai project dispute Jan 09, 2023 10:34 AM IST

    RERA has no jurisdiction over redevelopment component, rules MahaRERA in a South Mumbai project dispute

    Tenants from a redevelopment project in Girgaon had approached MahaRERA seeking compensation. However, the regulator in its order ruled that the rehabilitation component of a project does not fall under the purview of MahaRERA.

  • Karnataka RERA has no jurisdiction over project granted 'partial OC' before enactment of RERA: Karnataka HC Jan 08, 2023 01:44 PM IST

    Karnataka RERA has no jurisdiction over project granted 'partial OC' before enactment of RERA: Karnataka HC

    The project Provident Sunworth had obtained two "partial" occupancy certificates from Bengaluru Development Authority (BDA) in 2015 and 2017.

  • Ahmedabad sees maximum rise in new office supply last yr among 9 cities; supply falls in NCR, Mumbai: CBRE Jan 08, 2023 01:00 PM IST

    Ahmedabad sees maximum rise in new office supply last yr among 9 cities; supply falls in NCR, Mumbai: CBRE

    Ahmedabad, Kolkata, Chennai and Hyderabad markets witnessed an increase in office supply.

  • Kamathipura: Green light for redeveloping Mumbai’s red light area? Jan 08, 2023 10:06 AM IST

    Kamathipura: Green light for redeveloping Mumbai’s red light area?

    Spread over 39 acres, redeveloping the area will open up over 2 mn sq ft of prime property. Each tenant and landlord will get at least a 500-sq-ft apartment.

  • Mumbai Real Estate: Never pay for a view because it won't last Jan 08, 2023 10:04 AM IST

    Mumbai Real Estate: Never pay for a view because it won't last

    Going by the story of the Mahalaxmi Racecourse – the challenge to the view is not just another builder who can ruin it, but also the government agencies who can make it disappear.

  • The retired naval officer living the cantonment life in the civilian world | The Tenant Jan 08, 2023 09:01 AM IST

    The retired naval officer living the cantonment life in the civilian world | The Tenant

    A retired military officer who is now staying on rent in Mumbai. In the coming episode of The Tenant we speak to a man who retired early from the Navy but wanted a feeling similar to a cantonment. What are the housing needs that satisfy a retired military officer? He also talks about what is smarter -- renting vs buying? Watch the full episode!

  • CIDCO extends application deadline for sale of 7.8k affordable homes in Navi Mumbai Jan 06, 2023 11:06 PM IST

    CIDCO extends application deadline for sale of 7.8k affordable homes in Navi Mumbai

    The deadline for submission of applications for 7,849 apartments under the mass housing scheme has been extended up to January 23, the state-run planning authority said in a statement

  • Noida Authority signs MOUs worth Rs 58,000 crore ahead of UP Global Investors Summit Jan 06, 2023 10:30 PM IST

    Noida Authority signs MOUs worth Rs 58,000 crore ahead of UP Global Investors Summit

    Investment proposals of Rs 30,000 crore have been finalised in real estate and retail sectors

  • Sobha Q3 sales bookings rise 36% to Rs 1,425 cr; clocks highest quarterly sales in volume & value wise Jan 06, 2023 09:43 PM IST

    Sobha Q3 sales bookings rise 36% to Rs 1,425 cr; clocks highest quarterly sales in volume & value wise

    Sobha Ltd achieved highest-ever quarterly sales bookings in the December quarter in terms of both volume and value.

  • ICRA reaffirms ‘with a stable outlook’ rating on Signature Global (India) Pvt Ltd Jan 06, 2023 05:54 PM IST

    ICRA reaffirms ‘with a stable outlook’ rating on Signature Global (India) Pvt Ltd

    The rating also derives comfort from the Group’s focus on affordable housing, low cost land bank, which provides strong visibility of launches

  • Residents rejoice as Greater Noida Authority permits registration of over 2,200 flats in 3 housing societies Jan 06, 2023 11:19 AM IST

    Residents rejoice as Greater Noida Authority permits registration of over 2,200 flats in 3 housing societies

    The builders allowed to register homes in their projects are Starcity Real Estate, Enticement Limited and Gulshan Developers

  • MHADA to conduct lottery for more than 4,000 affordable homes in Mumbai Jan 06, 2023 07:31 AM IST

    MHADA to conduct lottery for more than 4,000 affordable homes in Mumbai

    More than 50 percent of these will be for the EWS category. Spread across Mumbai, the sizes of these apartments across the LIG, MIG, and HIG categories will range from 300-600 sq. ft.