The Kerala High Court has closed a plea after the state government assured the court that a judicial member will be appointed to the State Real Estate Appellate Tribunal immediately after June 4
Kerala High CourtReal Estate Appellate TribunalJudicial MemberState GovernmentSocial Justice Vigilance ForumReal Estate NewsMay 29, 2024
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The latest report by Knight Frank India reveals a 5% year-on-year increase in housing sales in India's eight major cities, with Mumbai leading the pack and Bengaluru witnessing the fastest growth.
Kanakia Spaces, a leading real estate developer in Mumbai, is set to invest over INR 1,100 crore in the redevelopment of two housing societies in Borivali, promising a gross development value exceeding INR 1,500 crore.
By 2033, these five Indian cities are expected to be among the fastest-growing urban centers, driven by rapid urbanization, economic growth, and technological innovation.
The residential property market has achieved an 11-year high in sales volume during the first half of 2024. The Economic Survey projects that demand will hit 93 million units by 2036, signaling a robust future for the real estate sector.
Real estate consultant Knight Frank India reported a significant rise in property registrations in Mumbai, with 12,249 units registered in January, marking a 12% increase compared to the previous year.
The Competition Commission of India (CCI) has approved Ambuja Cements' acquisition of Orient Cement, marking a significant shift in the Indian cement sector. This move is expected to consolidate the market and enhance operational efficiency.