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Honoring Excellence in India Luxury Real Estate - The Times of India Channel Partner Awards 2024

Mumbai's luxury residential sector is a worldwide symbol of grandeur. Channel partners link developers and selective purchasers in this private sector, notably in the ultra-premium category, where knowledge and networks account for over 60% of transactions.

By Admin

  • 12th Nov 2024
  • 1157 Views
In a Benchmark Decision MahaRERA Mandates Transparent Payment Terms for Real Estate Agents in Sale Agreements

MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions

By Admin

  • 26th Oct 2024
  • 1175 Views
Worli Land Dispute Settled Between Birla & Wadia as Century Textiles Acquires Prime 10-Acre Parcel for INR 1100 Crore

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.

By Admin

  • 11th Sep 2024
  • 1199 Views
Suzlon Sells Pune HQ at One Earth, Hadapsar for INR 440 Crore, Leases Back for 5 Years to Unlock Growth Capital

Known for its renewable energy solutions, Suzlon Energy sold its headquarters, One Earth, in Hadapsar, Pune, for ₹440 crore to monetise non-core assets and drive expansion. OE Business Park (OEBPPL), backed by 360 ONE Alternates Asset Management funds, bought the land.

By Admin

  • 11th Sep 2024
  • 1286 Views
Indian Ultra-Luxury Property Sales Soar in 2024 - Mumbai Leads with INR 2200 Crore in Transactions

In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.

By Admin

  • 9th Sep 2024
  • 1193 Views
5 Reasons Why GST on Leasehold Land Transfers is Causing Major Debate in Indian Real Estate

Real estate professionals are concerned about GST on leasehold land transactions. As authorities send GST notifications on stamp duty-exempt transactions, are these transfers sales or services? This may hurt developers, companies, and homebuyers financially.

By Admin

  • 6th Sep 2024
  • 1188 Views
The Ultimate Guide to How Blockchain is Transforming Indian Real Estate Landscape

Blockchain technology is transforming sectors, including real estate. Blockchain, however new in India, will improve property transactions' transparency, security, and efficiency. This Ghar guide examines how blockchain is changing the Indian real estate business.

By Admin

  • 21st Aug 2024
  • 1213 Views
Mahindra & Mahindra Sells Kandivali Land for INR 210 Crore to Pune-based Rucha Group

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.

By Admin

  • 5th Aug 2024
  • 1236 Views
Shahrukh Khan's Son Aryan Khan Acquires Two Floors in Panchsheel Park, South Delhi For INR 37 Crore

Aryan Khan, son of Shahrukh Khan, bought two floors in Panchsheel Park, South Delhi, for ₹37 crore, expanding the family's property holdings. Professionals say the Khan family owns the basement and ground floor, which is significant as it was the couple's first home.

By Admin

  • 2nd Aug 2024
  • 1237 Views
Budget 2024 - How Will the New 1% TDS Rule Impact Property Purchases Over INR 50 Lakhs?

Mumbai: Starting October 1, 2024, a 1% TDS will be applied on the purchase price or stamp duty value (whichever is higher) of immovable property worth over INR 50 lakhs, even with multiple purchasers or sellers, per Budget 2024.

By Admin

  • 26th Jul 2024
  • 1224 Views
Godrej & Boyce Sells 58,500 sq ft Office Space in Vikhroli to Godrej Industries for INR 157 Crore

Godrej & Boyce Manufacturing Company sold an approximately 58,500 sq ft office across two floors in Godrej One, Vikhroli, Mumbai, to Godrej Industries for ₹157 crore. This is a significant Godrej Group real estate deal.

By Admin

  • 29th May 2024
  • 1305 Views
Shahid and Mira Kapoor Purchase Luxury Sea-View Flat in Oberoi 360 West in Worli, Mumbai for INR 60 Crore

Shahid Kapoor and Mira Kapoor bought a luxurious sea-view flat in Oberoi 360 West in Mumbai's posh Worli neighbourhood. The luxury house cost over ₹60.41 crore, including stamp duty incurred.

By Admin

  • 29th May 2024
  • 1295 Views
5 Important Reasons for Linking Aadhaar When Purchasing Property in India

Indian real estate transactions are safer, more efficient, and more transparent with Aadhaar. Ghar lists 5 key reasons.

By Admin

  • 26th May 2024
  • 1325 Views
Securing Transactions with Technology - The Ultimate Guide to Aadhaar eSignatures in Indian Real Estate

An integrated Aadhaar eSignature is improving property transactions in India by increasing efficiency, security, and compliance. This Aadhaar eSignature Guide on Ghar discusses real estate eSignature advantages and implementation methodologies.

By Admin

  • 26th May 2024
  • 1382 Views
L&T Realty and Jagdale Infrastructure Partner to Transform Thane's Panchpakhadi with Major Redevelopment Project

Signature Global acquired 14.65 acres of valuable territory in Gurugram's Sector 37D, near the Dwarka Motorway, to strategically develop. Sources estimate the transaction to be worth about ₹350 crore.

By Admin

  • 25th May 2024
  • 1254 Views
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