News

In some amazing development, the chief minister of Maharashtra, Eknath Shinde, signed an MoU with Berkshire Hathaway HomeServices Orenda India to develop and operate physical and social infrastructure assets on the 1,000-acre smart city in Raigad during his five-day visit to the World Economic Forum

MahaRERA has issued recovery orders for approximately Rs 15 crore in Raigad district. Recovery orders are issued when promoters fail to pay MahaRERA interest, refund, or compensation.

Minerva, India's tallest residential skyscraper in South Mumbai's Mahalaxmi neighbourhood, is backed by Shapoorji Pallonji Real Estate and PAG.

Google, a subsidiary of Alphabet Inc., has signed a long-term lease deal for a 381,000-square-foot data centre in Navi Mumbai for the next 28 years, as it expands its cloud infrastructure in India to meet surging demand in one of its key growth regions.

Mumbai-based luxury property developer Sunteck Realty would spend INR 7000 Cr to build 25 Million+ Sq Ft in 8 Years.

Mahindra Group's real estate and infrastructure development subsidiary, Mahindra Lifespace Developers, has acquired 4.25 acres of property in Singasandra, South Bengaluru.

The 72-kilometer highway between Chitradurga and Davangere should improve connectivity and save travel time. The project will improve travel between Bengaluru, India's IT powerhouse, and Mumbai, its financial capital.

The Assam government has announced that more than three lakh affordable homes have been sanctioned under the flagship Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) initiative.

Asian Paints and the St+art India Foundation recently launched the 'Asian Paints Art House' during the Mumbai Urban Art Festival (MUAF), coupled with an exclusive glimpse of 'Illusions' as part of the Sassoon Dock Art Project.

The Office Pass, Delhi NCR's largest coworking company, will open its fourteenth coworking office in Delhi NCR (12th in Gurgaon).

Aparna Constructions and Estates, a real estate developer located in Hyderabad, is building four residential projects in Hyderabad with an investment of over INR 800 crore.

Police NOC will no longer be required to rent homes in Mumbai. Applicants may notify police through the Internet, in person at the police station, or by mail.

2000 Promoters of Real Estate Development Firms Receive Notices from MahaRera

Real estate agents, the intermediaries between property searchers and owners, will soon be required to take examinations and get a licence in order to practise.

HDFC Capital, a subsidiary of India's largest mortgage lender HDFC, raised almost INR 3,000 crore in its second scheme of the HDFC Capital Affordable Real Estate Fund-3 (H-CARE 3).