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As tax authorities tighten their grip on property transactions, landowners who enter Joint Development Agreements (JDAs) with builders are now under scrutiny for potential tax evasion.
- 20th Nov 2024
- 1128 Views
Mid-sized property developers in India are adapting to the evolving real estate landscape by leveraging local expertise to deliver niche, high-quality developments, regaining ground after 2017's consolidation by large corporations.
- 17th Nov 2024
- 1139 Views
The GST Council's GoM proposes increasing the affordable home price barrier from ₹45 lakh to ₹55 lakh. If authorised, this might help budget homebuyers by matching GST incentives with growing property prices and increasing housing accessibility throughout India.
- 3rd Nov 2024
- 1156 Views
Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.
- 27th Oct 2024
- 1165 Views
Indian real estate demand is rising throughout the holiday season. Since the RBI just maintained the repo rate, homeowners may take advantage of low lending rates and invest now. We examine the main drivers of real estate market development over this time.
- 20th Oct 2024
- 1164 Views
The state cabinet accepted the transfer of 140 acres of Malwani and Aksa property from the suburban collector for the ambitious Dharavi Redevelopment Project. Land will be utilised for rental homes for slum inhabitants ineligible for free housing under the project.
- 14th Oct 2024
- 1192 Views
The Maharashtra houses and Area Development Authority has long promised affordable houses. However, a recent decision has caused major changes in low-income property pricing between 2023 and 2024.
- 10th Oct 2024
- 1177 Views
Indian office property net absorption is rising due to global capability centres (GCCs) and flexible spaces. India's status as a business centre is strengthened by global and local firms' rapid development.
- 7th Oct 2024
- 1185 Views
More and more, real estate developers are incorporating senior living into bigger urban housing developments rather than constructing separate facilities on the fringes of cities. Learn more about it on Ghar.tv.
- 15th Sep 2024
- 1176 Views
Nusli Wadia, Chairman of the Wadia Group, and the Aditya Birla Group have settled their lengthy legal dispute. Aditya Birla Group subsidiary Century Textiles and Industries bought a 10-acre leasehold property tract in Worli, Mumbai, from the Wadia family for ₹1,100 crore.
- 11th Sep 2024
- 1199 Views
Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.
- 6th Sep 2024
- 1209 Views
Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.
- 19th Aug 2024
- 1190 Views
Golden Growth vehicle (GGF), a category-II alternative investment vehicle, aims to collect 400 crore for land purchase in South Delhi to create luxury apartments. After its first financing round, the fund bought property in South Delhi's posh Anand Niketan residential complex.
- 18th Aug 2024
- 1207 Views
M&M has sold a 20.5-acre land plot in Kandivali East, Mumbai, for ₹210 crore to Blueprintify Properties, a real estate unit of Rucha Group. M&M capitalised on its non-strategic assets with this July 23 transaction, which was filed the following day.
- 5th Aug 2024
- 1236 Views
In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.
- 4th Aug 2024
- 1327 Views