Co-working Spaces Jump to Second Place in Office Leasing in India for Q1 2024
Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.
- Admin
- 6th Apr 2024
Prestige, Kotak, Abu Dhabi Investment Authority Partner For INR 18000 Cr Development Projects
In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.
- Admin
- 3rd Apr 2024
Why Gudi Padwa is the Best Time to Invest in Real Estate? Find out more with Ghar
The Marathi New Year, Gudi Padwa (Ugadi in certain southern regions), is celebrated with considerable fervour throughout India. These days represent fresh beginnings and promise, making them suitable for big purchases like homes.
- Admin
- 31st Mar 2024
Understanding The Growth in Navi Mumbai Rental Market - A Comprehensive Analysis
Navi Mumbai's rental market is transforming into a vibrant city. This brief summary discusses the unanticipated rise in rental costs due to greater connection, a booming IT industry, and a shortage of ready-to-move homes.
- Admin
- 31st Mar 2024
Mumbai Developer Ordered to Compensate Homebuyer with INR 8,50,000
With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.
- Admin
- 31st Mar 2024
Why is Senior Living Homes in India a Big Real Estate Opportunity For Developers?
India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.
- Admin
- 31st Mar 2024
A Simple Guide to Finding The Best Office Spaces in Mumbai
Businesses of all sizes have plenty of chances in Mumbai, India's financial centre. Walking around the city's different office spaces might be intimidating. Mumbai's premier office locations and perks are highlighted in this guide to simplify your search.
- Admin
- 31st Mar 2024
Ideas For Savings on Your New Home This Gudi Padwa - A Tax Benefit Guide
In India, buying a home during an auspicious time like Gudi Padwa is a popular tradition. It's also an opportunity to smartly manage your finances and take advantage of tax benefits. Here's a straightforward guide to help you navigate the savings landscape.
- Admin
- 31st Mar 2024
How Industry Status Could Revolutionize Indian Real Estate?
The Indian real estate business is poised for a major change: industry recognition. This decision will boost growth and the sector's economic contribution.
- Admin
- 31st Mar 2024
2024 - The Golden Year for Homebuyers in India
The Dream of Homeownership Grows 2024 is a terrific year for Indian homebuyers due to numerous major advancements. Significant savings from a steady repo rate and an optimistic government budget encourage more individuals to purchase properties.
- Admin
- 31st Mar 2024
2024: A Record-Breaking Year for Indian Residential Real Estate Market
The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.
- Admin
- 31st Mar 2024
EPIC Group Enters the Indian market and Appoints Colliers India to Establish its Inaugural Manufacturing Facility in Bhubaneswar
Colliers India is helping Hong Kong-based Epic Group build its first manufacturing plant in Bhubaneswar, Odisha, with a Rs 220 crore project.
- Admin
- 31st Mar 2024
India Ensuring Environmental Balance - New Rules for Wildlife Project Clearances
Ministry of Environment, Forest, and Climate reform (MoEFCC) made a major reform to balance development with animal protection. Large projects in protected areas now need forest permissions before wildlife clearances.
- Admin
- 27th Mar 2024
NCLT Rules Against Wadhwa Buildcon Plan for Flaws and Wilful Default - Key Irregularities Lead to Plan Rejection
The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.
- Admin
- 27th Mar 2024
MahaRERA Proposes Three-Account System for Real Estate Projects
MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.
- Admin
- 27th Mar 2024
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