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Maharashtra Leads India in Green Building Certifications
- Admin
- 6th Sep 2024
The most Indian Green Building Council (IGBC)-registered projects are in Maharashtra, followed by Uttar Pradesh and Gujarat. Over 7,000 IGBC-certified projects encompass 1,370 million square feet of built-up area in India, demonstrating its dedication to sustainability.... read more
Boisar Bullet Train Station - Enhancing Connectivity and Economic Growth !!
- Admin
- 6th Sep 2024
An innovative Mumbai-Ahmedabad bullet train station in Boisar, Palghar district, is planned to improve connectivity and infrastructure. This station is ideally located in the Boisar-Tarapur MIDC (Maharashtra Industrial growth Corporation), a major tourist destination, and much more.... read more
5 Reasons Why GST on Leasehold Land Transfers is Causing Major Debate in Indian Real Estate
- Admin
- 6th Sep 2024
Real estate professionals are concerned about GST on leasehold land transactions. As authorities send GST notifications on stamp duty-exempt transactions, are these transfers sales or services? This may hurt developers, companies, and homebuyers financially.... read more
Bajaj Housing Finance in Mumbai Aspires to Become the Future HDFC with Strategic IPO Launch
- Admin
- 3rd Sep 2024
In Mumbai, Bajaj Finserv chairman Sanjiv Bajaj said Bajaj Housing Finance should become the "HDFC of the future." He observed that the mortgage giant left the industry after a reverse merger with its banking business, creating this opportunity.... read more
Maharashtra Unveils Forward-Thinking Housing Policy to Address Future Needs of Elderly Citizens
- Admin
- 3rd Sep 2024
Maharashtra's senior population is expected to reach 17% by 2036. A housing demand plan has been draughted by the state housing department. Senior housing is precisely defined and has specific planning and building guidelines under Unified Development Control and Promotion.... read more
Mumbai Coastal Road Arch Bridge Set for Partial Opening on September 15, 2024
- Admin
- 3rd Sep 2024
The BMC expects one arm of the Mumbai Coastal Road arch bridge, connecting to the BWSL, to open tentatively on September 15, 2024. Civic sources anticipate the south-bound roadway to handle northbound Marine Drive-Bandra traffic when it opens.... read more
Flex Space Demand in India Set to Reach Unprecedented Heights in 2024
- Admin
- 3rd Sep 2024
Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.... read more
How Are Flexible Lease Terms Driving a Surge in Office Space Renewals Across India?
- Admin
- 3rd Sep 2024
Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.... read more
Godrej Properties Secures Strategic Land Parcels in Gurugram for Major Luxury Developments
- Admin
- 3rd Sep 2024
Godrej Properties Ltd. (GPL) won an e-auction held by the Haryana Shehri Vikas Pradhikaran (HSVP) and successfully acquired two prime luxury group housing plots in Gurugram with a winning offer of ₹515 crore.... read more
5 Reasons Why 2 Lakh New Flats in 3 Years Will Transform Mumbai and Pune's Housing Market
- Admin
- 3rd Sep 2024
The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.... read more
India's Top Real Estate Companies Achieve Record INR 35,000 Cr Sales in June Quarter
- Admin
- 3rd Sep 2024
In the June quarter, India's top 21 listed real estate developers sold approximately ₹35,000 crore in homes, with Godrej homes having the largest sales bookings. This strong result shows rising customer demand for premium properties.... read more
Adarsh Developers Achieves Major Financial Turnaround by Repaying INR 750 Cr Edelweiss Debt
- Admin
- 3rd Sep 2024
Adarsh Developers, a leading real estate developer, repaid a ₹750 crore structured financing arrangement from Edelweiss Alternative Asset Advisors in 2022 progressing towards financial stability.... read more
NBCC Sells INR 2,251 Crore Worth of Commercial Space in New Delhi, Achieving Full Occupancy in Major Redevelopment Projects
- Admin
- 31st Aug 2024
NBCC has sold 533,000 sq ft of commercial space in two New Delhi developments, earning nearly ₹2,251 crore. The World Trade Centre project in Nauroji Nagar and the Sarojini Nagar Downtown project are both sold out, a major milestone for the firm.... read more
Indian Railway Ministry Approves Survey for New Nashik-Dahanu Rail Line to Enhance Connectivity and Boost Tourism
- Admin
- 31st Aug 2024
Reports say the Indian Railway Ministry has approved the final placement survey of a 100-kilometer rail line between Nashik and Dahanu. This new route, which will run via Trimbakeshwar and Vangaon, is projected to save travel time between Nashik and Palghar's main sites.... read more
Strategic Guide to Reducing Capital Gains Tax - Maximize Your Property Sale Profits with Smart Investments
- Admin
- 31st Aug 2024
When selling property, understanding the tax implications is crucial for maximizing your profits. This guide on Ghar will help you navigate the complexities of capital gains tax and provide strategies to minimize your tax burden legally and effectively.... read more
Simplified Property Registration Across Mumbai - Now Register at Any Joint Sub-Registrar's Office Across the City
- Admin
- 31st Aug 2024
Document registration is now easier for Mumbai homebuyers. Recently, the government announced that buyers no longer need to visit the sub-registrar's office where the property is located. Their property paperwork may be registered in any joint sub-registrar's office in Mumbai.... read more
Warehousing and Logistics Absorption Grows by 8 per cent in H1 2024, Boosted by USD 1 Billion plus Investment Surge
- Admin
- 31st Aug 2024
In H1 2024, total absorption in India's warehousing and logistics sector rose 8% from 2023. Vestian Research reported 16.6 million square feet of sector absorption in the first half of 2024. Compared to H2 2023, absorption fell 26%, mostly due to a 74% drop in the National Capital Region.... read more
7 Ways Infrastructure Boosts Realty Growth on Mumbai's East Coast
- Admin
- 31st Aug 2024
Mumbai's East Coast is becoming a real estate and commercial hub thanks to massive infrastructural investments. East Coast residential and commercial activity is ready to boom as Colaba to Wadala, encompassing Sewri and Byculla, expands.... read more
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