real estate news
Bengaluru Real Estate: Security Deposits as Landlords' Passive Income? Tenants Speak Out
Bengaluru's rental market is under scrutiny as tenants report soaring rents and steep security deposits, raising concerns about landlords treating deposits as passive income.
Real Estate
Lone Star Acquires Diverse UK Real Estate Portfolio from St. James’s Place
Lone Star Funds has completed the acquisition of a multi-asset real estate portfolio from St. James’s Place, comprising 16 high-quality assets across the UK, including multi-let industrial, retail, and office properties.
Real Estate
India's Real Estate Sector Enters Hyper-Growth Phase: Report
The real estate sector in India is on the brink of a significant growth cycle, contributing 7.8% to the GDP and providing employment to 77 million people. A report by Ernst & Young (EY) and CREDAI highlights the sector's exponential growth over the past 25 years.
Real Estate Mumbai
Shraddha Prime Projects Boosts Real Estate Portfolio with Strategic Acquisitions
Shraddha Prime Projects has announced strategic acquisitions to expand its real estate presence in key Mumbai locations. The company will acquire stakes in two LLPs and a significant stake in Shraddha Landmark Private Limited, with a total financial commitment of up to ₹125 crores.
real estate news
Shraddha Prime Projects Expands Real Estate Portfolio with Strategic Acquisitions
Shraddha Prime Projects has approved three strategic acquisitions to expand its presence in key Mumbai locations, with a total financial commitment of up to ₹125 crores.
real estate news
Bombay High Court Rejects PILs Against Eco-Sensitive Acqua Eden Real Estate Project
Panaji: The Bombay High Court has dismissed two public interest litigations (PILs) filed by Sancoale villagers and Goa Bachao Abhiyan against the Acqua Eden real estate project. The project, being developed by M/s Parmesh Construction Co. (Bhutani Infra), is located in an eco-sensitive area in Sancoale, Goa.
real estate news
Suraj Estate Developers Launches Rs 12 Billion One Business Bay Project
Suraj Estate Developers has unveiled a Rs 12 billion commercial project, One Business Bay, which aims to diversify the company's revenue streams and enhance its market position in the competitive real estate market.
real estate news
Lori Loughlin and Mossimo Giannulli Sell $12.65M Hidden Hills Mansion Amid Divorce
Lori Loughlin and Mossimo Giannulli have sold their luxurious Hidden Hills mansion for $12.65 million, marking the end of their celebrity living in the gated community and a new chapter in their lives post-Varsity Blues scandal.
Real Estate
Lori Loughlin and Mossimo Giannulli Sell LA Mansion for $12.65M: A New Chapter Begins
Lori Loughlin and Mossimo Giannulli have sold their luxurious Hidden Hills mansion for $12.65 million, marking the end of their time in one of LA's most exclusive communities and a new chapter in their lives.
real estate news
Supreme Court Rules Sale of Land by Real Estate Developers Not Taxable under Service Tax
The Supreme Court of India has ruled that the sale of land by real estate developers does not constitute taxable services under the Finance Act, 1994, providing significant clarity for the real estate sector.
real estate news
Tragic Death of Bihar Tile Mason at Hyderabad Real Estate Construction Site
A 26-year-old tile mason from Bihar was found murdered at a construction site in Kothur, on the outskirts of Hyderabad. The police are investigating the case and have detained two co-workers for questioning.
Real Estate Pune
Rajasthan Governor Stresses Holistic Education at MIT-ADT Convocation in Pune
Rajasthan Governor Haribhau Bagade emphasized the importance of holistic education and the role of students in building a self-reliant India during the 8th Convocation Ceremony of MIT-ADT University in Pune.
Real Estate
Bengaluru Tenant Rights: Navigating Security Deposit Disputes
Explore the challenges tenants face in Bengaluru’s rental market, including the struggle to recover security deposits from uncooperative landlords.
Real Estate
Stewart Expands Real Estate Services Portfolio with Acquisition of MCS
Stewart Information Services Corporation (NYSE:STC) announces its intent to acquire Mortgage Contracting Services (MCS), a leading property preservation services provider, enhancing its Real Estate Solutions business.
Real Estate
RBI Governor Sanjay Malhotra Clarifies ECB Rules for Real Estate, Backs Acquisition Finance
Reserve Bank of India Governor Sanjay Malhotra clarifies that relaxed external commercial borrowing (ECB) rules apply only to FDI-compliant real estate projects, not speculative ventures. He also backs the idea of allowing banks to finance acquisitions, a move expected to benefit the real economy.
Real Estate Maharashtra
BMC Leases Mulund Dumpsite for Rs 918 Million to Dharavi SPV
The BMC has leased the Mulund dumpsite to the Dharavi SPV for Rs 918 million, aiming to transform the area into a sustainable development project. The deal is part of a larger initiative to revitalize Dharavi, one of the world's largest slums.
Real Estate Mumbai
GeeCee Ventures Acquires Prime Mumbai Land for ₹139 Crore, Expanding Real Estate Portfolio
GeeCee Ventures has made a significant land acquisition in Mumbai's Goregaon West, purchasing 4,003.80 square meters for ₹139 crore. The company plans to develop the land, signaling its confidence in the Mumbai real estate market.
Real Estate
BMC Gives Real Estate Firms Ultimatum to Install AQI Sensors by End of November
The Brihanmumbai Municipal Corporation (BMC) has issued a 30-day ultimatum to real estate companies in Mumbai to install air quality index (AQI) sensors at all construction sites. Firms failing to comply will face penalties.
Real Estate
Brookfield Reit Acquires Bengaluru Office Campus for Rs 13,125 Crore
Brookfield India Real Estate Trust (Biret) has announced the acquisition of a 48-acre office campus in Bengaluru for Rs 13,125 crore, marking its entry into one of the strongest office markets in India.
Real Estate
Hudland Real Estate Adjusts Valuation Amid Market Shifts
Hudland Real Estate Investment & Development JSC has recently adjusted its evaluation, reflecting significant changes in financial metrics and market position within the furniture and home furnishing sector.