News

Leading Indian real estate developer & property Development Company Oberoi Realty has acquired a plot of land admeasuring close to 4.2-acre in Bhandup in Mumbia’s central suburb for Rs. 115 cr.

Arihant Superstructures is a listed real estate developer with a special focus on affordable housing development and is planning to expand its real estate portfolio 2 times and reach around 20 million sq ft by 2023 end.

It is a legal notice served on the owner or occupier/tenant of a property to inform them of the violation of local laws pertaining to maintenance of the property.

Property rates across Mumbai harbour have soared after the Covid-19 pandemic and the resultant lockdown, especially in the sleepy coastal town of Alibaug.

Managed office space provider Smartworks has leased around 200,000 sq ft to five companies in its new flexible workspace centre in suburban Pune’s Baner area.

When it comes to construction and real estate development, the term FSI is a very important one. The definition of FSI (also referred to as FAR) is supposed to be the ratio between the total area of the plot and the total area of the building.

After the successful delivery of the phase 1 of their landmark project VKG Krishna Residences at Chakala Andheri East, Vijay Khetan Group, one of the prominent real estate groups in Mumbai will soon be launching its second phase.

A large proportion of urban migrants live in slums, informal settlements and unauthorized colonies, in order to save rental costs. They spend a substantial time commuting to their workplaces either by walking or cycling to reduce the travel expenses.

Goldman Sachs, Morgan Stanley, and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.

In 2015, when Sotheby’s International Wealth Report guesstimated that, in the coming five years, India’s High Net-worth Individuals (HNIs) and the ultra-rich would pump in about one billion pounds annually in the UK real estate, it was received with skepticism.

In one of the largest commercial deals in recent times, real estate firm Aparna Constructions has bought office buildings spread across 4.3 lakh sq ft for Rs 247.5 crore in Hyderabad, documents accessed by Propstack showed.

The lower the loan-to-value ratio, the better the other terms and interest rates on your home loan.

India's real estate sector witnessed a change of perception of living after the pandemic struck globally; the sector rose up to the occasion and came up with projects that are changing the way people live.

As the world adapts to the 'new normal, residential real estate is bound to witness the onset of new demand trends. The Covid-19 pandemic reinforced the need to own a home as a safe haven.

At least 53% will buy properties in India in the coming months for self-use, while 47% will consider buying for investment.