real estate news
BMC Panel Inspects Cooper Hospital: Services to Be Upgraded in 3 Months
A senior supervisory committee from the Brihanmumbai Municipal Corporation (BMC) inspects Dr. R. N. Cooper Municipal General Hospital, promising to streamline services and address issues of hygiene and staff shortages within three months.
Real Estate
Bhupindra Singh Appointed as COO at RISE Infraventures: A Strategic Move in Real Estate
Bhupindra Singh, a seasoned real estate professional, has joined RISE Infraventures as the Chief Operating Officer. With over 23 years of experience, Singh is poised to drive the company’s growth and operational excellence.
real estate news
RealX Closes Rs 9.4 Cr Real Estate Deal in 45 Days with Tokenized Technology
RealX, a fractional ownership platform, successfully closes a Rs 9.4 crore real estate deal in Dwarka, Gujarat, within 45 days using tokenized real estate technology. This innovative approach embeds legal property rights directly into blockchain tokens, offering genuine Right to Registered Co-Ownership (RRO) through digital assets.
Real Estate
Billionaire Builders: India's Real Estate Tycoons Capitalize on Luxury Housing Boom
India's real estate moguls are focusing on premiumisation, with luxury flats dominating sales. Industry leaders like DLF and Lodha are setting benchmarks in high-value developments, attracting global investors and positioning India as a significant player in the luxury real estate market.
Real Estate Mumbai
Cooperative Housing Society Cannot Charge Excess Fees from Rented Flats
A deputy registrar in Mumbai has ruled that the Chaitanya Cooperative Housing Society cannot charge additional fees beyond non-occupancy charges from members who rent out their flats.
Real Estate Mumbai
Ravi Ghai: The Business Tycoon Behind Mumbai's Iconic Brands and Properties
Ravi Ghai, a prominent figure in Mumbai’s business and hospitality sectors, is the founder of the Graviss Group. Known for his sharp business acumen, he is behind iconic brands and properties such as the InterContinental hotel at Marine Drive and The Brooklyn Creamery. Recently, his granddaughter Saaniya Chandok got engaged to Arjun Tendulkar, son of cricket legend Sachin Tendulkar.
real estate news
America's Strategic Plan to Outpace China in the AI Race
In an exclusive HT Podcast video interview, Vivek Chilukuri of the Center for a New American Security discusses former President Donald Trump’s newly announced AI Action Plan, which aims to assert U.S. dominance in the global AI landscape.
Real Estate Maharashtra
Q1 Financial Highlights: Bajaj Housing Finance and Aditya Birla Real Estate Post Strong Results
In the first quarter of the fiscal year, Bajaj Housing Finance reported a 21% year-over-year increase in profit to ₹583 crore, while Aditya Birla Real Estate faced a net loss. Maharashtra Scooters also posted a net profit, reflecting mixed results in the Indian financial sector.
Real Estate Mumbai
Maharashtra Govt Pushes for Self-Redevelopment of Housing Societies: CM Fadnavis
Maharashtra's Chief Minister Devendra Fadnavis has announced that a government resolution (GR) will be issued soon to facilitate the self-redevelopment of cooperative housing societies, aiming to provide bigger homes in Mumbai.
Real Estate Pune
Pimpri Police Book Chinchwad Credit Co-Op Director for Defrauding Goa Investors
Pimpri police have registered a case against the director of a cooperative credit society in Chinchwad for duping 12 residents of Goa of Rs 3.72 crore over the past nine years. The accused is charged with criminal breach of trust and cheating.
Real Estate Mumbai
Mumbai EOW Cracks Down: Building Material Supplier Arrested in ₹122 Crore Bank Scam
The Economic Offences Wing (EOW) in Mumbai has arrested Pawan Amarsingh Jaiswal, a 47-year-old building-material supplier, in connection with a ₹122 crore fraud at the New India Co-operative Bank. Jaiswal's arrest has exposed links to a broader money laundering network involving charitable trusts and real estate.
Real Estate Maharashtra
Maharashtra Proposes New Rules for Cooperative Housing Societies
The Maharashtra government has unveiled the Draft Maharashtra Cooperative Societies Rules, aiming to streamline the governance and operations of cooperative housing societies. This move is expected to bring more transparency and efficiency to the real estate sector.
Real Estate Maharashtra
Maharashtra Drafts New Rules to Modernize Housing Societies
The Maharashtra government has proposed new draft rules to modernize the governance of co-operative housing societies, aiming to streamline processes and enhance transparency. These rules include provisions for virtual AGMs, redevelopment loans, and interest reductions.
real estate news
Maharashtra Unveils New Draft Rules for Cooperative Housing Societies
The Maharashtra government has released a fresh draft of cooperative housing society rules, aiming to enhance governance, transparency, and inclusivity. Key reforms include provisions for heirs, virtual AGMs, and financial reforms.
Real Estate Mumbai
Mumbai’s New Rules to Simplify Housing Society Governance and Empower Residents
The Maharashtra government is set to introduce a new regulatory framework that simplifies rules for over 1.25 lakh cooperative housing societies in the state. These changes aim to reduce financial burdens, facilitate redevelopment, and promote transparent community governance.
real estate news
India's Real Estate Market Faces Major Setback: Sales and Supply Drop Below 1 Lakh Units
India's residential real estate market is facing a significant slowdown, with sales and supply dropping below 1 lakh units for the first time in 14 quarters. This downturn raises concerns about a potential market cooldown after years of post-COVID recovery.
Real Estate
Delhi CM Rekha Gupta Pledges Continued Cooperation from Haryana for Real Estate Development
Delhi Chief Minister Rekha Gupta expressed confidence in Haryana's continued cooperation for the development of the national capital, especially in the real estate sector. The CM also chaired a meeting to strengthen the city’s real estate system and unveiled plans for a new excise policy.
Real Estate
Chief Secretary Reviews J&K RERA: Emphasizes Strengthening Institutional Mechanisms
SRINAGAR, JUNE 11, 2025: Chief Secretary Atal Dulloo reviewed the functioning of the Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) and emphasized the need for enhanced coordination and timely interventions to ensure full compliance with the Real Estate (Regulation and Development) Act.
Real Estate Pune
Cooperative Banks Must Adapt Policies for MSME Lending: Maharashtra State Cooperative Bank
Maharashtra State Cooperative Bank's chairman, Vidyadhar Anaskar, emphasizes the need for cooperative banks to change their lending policies for micro, small, and medium enterprises (MSMEs). He advocates for a project-based approach and reduced reliance on security collateral.
real estate news
Swadeshi Polytex Shares Soar as Promoter Increases Stake
Shares of Swadeshi Polytex Limited hit a 2% upper circuit on BSE after its promoter, Paharpur Cooling Towers Limited, increased its stake from 19.05% to 20.34%.