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Real Estate
]Maha Budget allocates ₹7425 cr for construction of 35 lakh affordable homes
Published on Jun 28, 2024 08:58 PM IST
Maharashtra Budget 2024: The government has proposed construction of 35 lakh affordable homes; relaxed penalty for those who have paid insufficient stamp duty
![Maharashtra government’s interim budget for 2024-2025 has set a target to construct 35 lakh affordable homes in the next five years through various housing schemes, including PMAY. (Photo by Anshuman Poyrekar/ Hindustan Times)(Hindustan Times) Maharashtra government’s interim budget for 2024-2025 has set a target to construct 35 lakh affordable homes in the next five years through various housing schemes, including PMAY. (Photo by Anshuman Poyrekar/ Hindustan Times)(Hindustan Times)](https://cdn.statically.io/img/www.hindustantimes.com/ht-img/img/2024/06/28/550x309/Monsoon-Session--Vidhan-Bhavan-5_1719586728161_1719586771482.jpg)
London's luxury real estate developers up the ante with Botox, Wegovy
From Botox on demand to town cars that do school runs, here are the amenities developers, including Lodha, are offering to attract high-net-worth buyers
![London's luxury real estate developers up the ante with Botox, Wegovy (Representational photo)(Pixabay) London's luxury real estate developers up the ante with Botox, Wegovy (Representational photo)(Pixabay)](https://www.hindustantimes.com/ht-img/img/2024/06/28/148x111/London-real-estate_1719577692361_1719577692612.jpg)
Published on Jun 28, 2024 06:14 PM IST
Bloomberg |
Amitabh Bachchan purchases two apartments in Mumbai's Borivali for ₹6.78 crore
After son Abhishek Bachchan buys six apartments for ₹15.42 cr, Amitabh Bachchan purchases two apartments for ₹6.78 cr on the same floor in Oberoi Sky City
![Amitabh Bachchan, whose Kalki 2898 AD was released today, has purchased two apartments of <span class='webrupee'>₹</span>6.78 crore in Oberoi Sky City project of Oberoi Realty in Borivali area of Mumbai on the same floor where his son Abhishek Bachchan had bought six apartments for <span class='webrupee'>₹</span>15.42 crore.(HT Files) Amitabh Bachchan, whose Kalki 2898 AD was released today, has purchased two apartments of <span class='webrupee'>₹</span>6.78 crore in Oberoi Sky City project of Oberoi Realty in Borivali area of Mumbai on the same floor where his son Abhishek Bachchan had bought six apartments for <span class='webrupee'>₹</span>15.42 crore.(HT Files)](https://www.hindustantimes.com/ht-img/img/2024/06/28/148x111/amitabh_bachchan_abhishek_bachchan_1671694011438_1719574972924.jpeg)
Updated on Jun 28, 2024 06:56 PM IST
Delhi rains flood Shashi Tharoor's home: ‘Need boat to reach Lok Sabha’
Congress MP Shashi Tharoor shared video of waterlogging outside his home in Delhi. IMD forecasts more rain and gusty winds for next 7 days.
![Shashi Tharoor recounts flooded home in Delhi, Shashi Tharoor recounts flooded home in Delhi,](https://www.hindustantimes.com/ht-img/img/2024/06/28/148x111/shashi_1719567551192_1719567562364.png)
Published on Jun 28, 2024 04:46 PM IST
Boney Kapoor inks pact for Film City with Yamuna authority
The Film City project is proposed to be built on 1,000 acres, with the first phase covering 230 acres, at a cost of ₹1,510 crore over eight years
![The upcoming film city will be a one-stop shop for filmmakers worldwide, offering facilities at nearly half the cost as compared to other studios, said Kapoor. (HT Photo) The upcoming film city will be a one-stop shop for filmmakers worldwide, offering facilities at nearly half the cost as compared to other studios, said Kapoor. (HT Photo)](https://www.hindustantimes.com/ht-img/img/2024/06/27/150x84/The-upcoming-film-city-will-be-a-one-stop-shop-for_1719513523355.jpg)
Updated on Jun 28, 2024 06:24 AM IST
Vinod Rajput, Greater Noida
Brigade Group launches project in Bengaluru with revenue potential of ₹1100 cr
Apartments at Brigade Insignia in Bengaluru are priced between ₹3 crore and ₹9 crore. The project is expected to be completed in June 2029
![Brigade Group launches project in North Bengaluru with a revenue potential of <span class='webrupee'>₹</span>1100 crore Brigade Group launches project in North Bengaluru with a revenue potential of <span class='webrupee'>₹</span>1100 crore](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/Bengaluru-real-estate_1719498026177_1719498026490.jpeg)
Published on Jun 27, 2024 08:15 PM IST
Concorde acquires 1.6-acre land parcel for housing project in Bengaluru
Bengaluru-based realtor Concorde has acquired a 1.6-acre land parcel in the city to construct a premium housing project with a revenue potential of ₹200 crore
![Concorde acquires 1.6-acre land parcel in Bengaluru to construct a housing project worth <span class='webrupee'>₹</span>200 crore. (Representational photo) Concorde acquires 1.6-acre land parcel in Bengaluru to construct a housing project worth <span class='webrupee'>₹</span>200 crore. (Representational photo)](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/Bengaluru-real_estate_1719499420124_1719499420757.jpg)
Published on Jun 27, 2024 08:15 PM IST
Amitabh Bachchan has bought properties worth over ₹100 crore in last one year
Kalki 2898 AD's star Amitabh Bachchan has invested more than ₹100 cr in office spaces in Mumbai's Andheri West and plots in Alibaug and temple town Ayodhya
![Amitabh Bachchan, who's Kalki 2898 AD releases tomorrow, has bought properties worth over <span class='webrupee'>₹</span>100 crore in last one year Amitabh Bachchan, who's Kalki 2898 AD releases tomorrow, has bought properties worth over <span class='webrupee'>₹</span>100 crore in last one year](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/Big_B_in_Kalki_1719482450476_1719494684331.jpg)
Published on Jun 27, 2024 07:04 PM IST
Bengaluru’s rental deposits too high, says Indian-origin entrepreneur
An Indian-origin entrepreneur who drew parallels between Bengaluru and San Francisco in California complained that rental deposits in the city were too high
![Bengaluru’s rental deposits are too high, says US-returned techie who compared HSR Layout with San Francisco’s Hayes Valley (Representational photo)(PTI Photo) Bengaluru’s rental deposits are too high, says US-returned techie who compared HSR Layout with San Francisco’s Hayes Valley (Representational photo)(PTI Photo)](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/namma-metro_3cd84112-5383-11e7-8a38-d46223a68388_1719486569509.jpg)
Published on Jun 27, 2024 06:46 PM IST
Aamir Khan buys new place for ₹9.75 crore; seals the deal with ₹58 lakh
Apart from his properties in Mumbai, several reports claim that he also has 22 houses in Shahabad, Hardoi district, in Uttar Pradesh.
Published on Jun 27, 2024 05:07 PM IST
Smartworks raises ₹168 crore in funding round from consortium of investors
Gurugram-based flexible workspace provider Smartworks has raised ₹168 cr in its latest funding round from Keppel Ltd and Ananta Capital Ventures, among others
![Managed and flexible office space provider Smartworks raises <span class='webrupee'>₹</span>168 crore in latest funding round from a consortium of investors led by Keppel Ltd(HT Library) Managed and flexible office space provider Smartworks raises <span class='webrupee'>₹</span>168 crore in latest funding round from a consortium of investors led by Keppel Ltd(HT Library)](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/Smartworks_expands_in_Delhi-NCR_1708440103335_1719485103274.jpg)
Published on Jun 27, 2024 04:44 PM IST
Housing sales down by 8% in Q2 2024 compared to previous quarter across 7 cities
On a yearly basis, there has been a 5% rise in housing sales across top 7 cities; On a quarter-on-quarter basis, only Delhi-NCR has seen an increase in sales
![On a yearly basis, there has been a 5% rise in housing sales across top 7 cities; On a quarter-on-quarter basis, only Delhi-NCR has seen an increase in sales (HT Archive) (Representational photo) On a yearly basis, there has been a 5% rise in housing sales across top 7 cities; On a quarter-on-quarter basis, only Delhi-NCR has seen an increase in sales (HT Archive) (Representational photo)](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/Housing-sales-prices_1719474025242_1719474025530.jpg)
Published on Jun 27, 2024 01:20 PM IST
MahaRERA directs developers to maintain three bank accounts for every project
MahaRERA has directed real estate developers to open three separate bank accounts for every project in a single bank effective from July 1
![The Maharashtra Real Estate Regulatory Authority (MahaRERA) on June 27 said that starting July 1, real estate developers will not be able deposit the amount received from homebuyers in different banks (Representational photo)(HT FIles) The Maharashtra Real Estate Regulatory Authority (MahaRERA) on June 27 said that starting July 1, real estate developers will not be able deposit the amount received from homebuyers in different banks (Representational photo)(HT FIles)](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/-p-MahaRERA-extends-completion-dates-for-three-hou_1707073021881_1719469777883.jpg)
Published on Jun 27, 2024 12:25 PM IST
Budget 2024: Real estate sector pins hopes on support for affordable housing
Budget 2024: The real estate sector hopes that the govt would extend tax breaks to developers for affordable housing, and improve affordability for homebuyers
![With the Union Budget 2024-25 set to be tabled next month, the real estate sector hopes that interest stimulants previously extended to homebuyers and developers of affordable housing would be renewed (Representational photo) With the Union Budget 2024-25 set to be tabled next month, the real estate sector hopes that interest stimulants previously extended to homebuyers and developers of affordable housing would be renewed (Representational photo)](https://www.hindustantimes.com/ht-img/img/2024/06/27/148x111/Affordable-housing_1719465570698_1719465570840.jpg)
Published on Jun 27, 2024 11:04 AM IST
As new apartments hit the Mumbai market, will rental growth start to cool off?
Mumbai witnessed a surge in rents due to increase in redevelopment. With newly redeveloped housing stock now getting delivered, will rentals start to cool off?
![Mumbai witnessed a surge in rents due to increase in redevelopment. With many buildings now ready with fresh supply, is rental growth in the city cooling off?(HT Files ) Mumbai witnessed a surge in rents due to increase in redevelopment. With many buildings now ready with fresh supply, is rental growth in the city cooling off?(HT Files )](https://www.hindustantimes.com/ht-img/img/2024/06/26/148x111/Mumbai_Coastal_Road_1710171587984_1719393555433.jpg)
Published on Jun 27, 2024 08:41 AM IST
Yeida cancels allotment of two real estate developers over pending dues
Yeida has decided to cancel land parcels allotted to realtors Supertech and Sunworld Infrastructure after the two failed to clear land cost dues
![The board has also decided to construct an additional 30m wide and 8.25km long road between the greenfield airport and Yamuna Expressway. The board allowed the National Highways Authority of India to build this road and NHAI will spend <span class='webrupee'>₹</span>63 crore on this project. (HT Archive) The board has also decided to construct an additional 30m wide and 8.25km long road between the greenfield airport and Yamuna Expressway. The board allowed the National Highways Authority of India to build this road and NHAI will spend <span class='webrupee'>₹</span>63 crore on this project. (HT Archive)](https://www.hindustantimes.com/ht-img/img/2024/06/26/150x84/The-board-has-also-decided-to-construct-an-additio_1719427639625.jpg)
Updated on Jun 27, 2024 06:46 AM IST
Vinod Rajput, Greater Noida
IndoSpace leases 1.25 lakh sq ft warehousing space to C J Darcl in Bengaluru
C J Darcl Logistics Ltd has taken on lease over 1.25 lakh square feet of warehousing space from IndoSpace in Bengaluru for a period of nine years
![IndoSpace has leased 1.25 lakh sq ft warehousing space to C J Darcl Logistics in Bengaluru for nine years(Indospace) IndoSpace has leased 1.25 lakh sq ft warehousing space to C J Darcl Logistics in Bengaluru for nine years(Indospace)](https://www.hindustantimes.com/ht-img/img/2024/06/26/148x111/IndoSpace_Park_1719414615622_1719414638889.jpg)
Published on Jun 26, 2024 10:20 PM IST
India Accelerator invests $4 million to expand its footprint by 2.5 lakh sq ft
Co-working space provider India Accelerator has invested $4 million to expand its footprint by 2.5 lakh sq ft across Pune, Gurugram and Noida
![India Accelerator invests $4 million to expand its footprint by 2.5 lakh sq ft across Pune, Gurugram and Noida(India Accelerator) India Accelerator invests $4 million to expand its footprint by 2.5 lakh sq ft across Pune, Gurugram and Noida(India Accelerator)](https://www.hindustantimes.com/ht-img/img/2024/06/26/148x111/India_Accelerator_1719408619821_1719408624948.jpg)
Published on Jun 26, 2024 07:13 PM IST
Joint development agreements for 1,546 acres of land inked in the last 18 months
Proposed residential developments take up more than 97% share of the JDAs; Delhi-NCR, Bengaluru and Mumbai top cities in terms of number of deals signed
![Real estate developers and landowners joined hands to develop 1,546 acres of land and inked a total of 56 separate Joint Development Agreements (JDAs) over the past 18 months. (Representational photo) (Photo by Parveen Kumar/ Hindustan Times) Real estate developers and landowners joined hands to develop 1,546 acres of land and inked a total of 56 separate Joint Development Agreements (JDAs) over the past 18 months. (Representational photo) (Photo by Parveen Kumar/ Hindustan Times)](https://www.hindustantimes.com/ht-img/img/2024/06/26/148x111/Gurgaon-real-estate_1719406197785_1719406198118.jpg)
Published on Jun 26, 2024 06:26 PM IST
Mumbai and Bengaluru drive office leasing demand with 52% share in Q2 2024
Led by Bengaluru and Mumbai, office leasing across the top-6 markets registered a 16% year-on-year growth in the April-June period of 2024 at 15.8 mn sq ft
![Mumbai and Bengaluru drive office demand; Leasing across top-6 markets up 16% annually at 15.8 mn sq ft in Q2 2024 (Representational photo)(Unsplash) Mumbai and Bengaluru drive office demand; Leasing across top-6 markets up 16% annually at 15.8 mn sq ft in Q2 2024 (Representational photo)(Unsplash)](https://www.hindustantimes.com/ht-img/img/2024/06/26/148x111/Office-leasing-real-estate_1719381945780_1719381946056.jpg)
Published on Jun 26, 2024 11:44 AM IST
Techie’s video on ₹15 crore Noida apartment strikes a chord with millions
An engineer from Delhi NCR has gone viral for his video showing under-construction apartments in Noida being sold for ₹15 crore.
![ATS Knightsbridge is a luxury housing project coming up in Noida.(atsknightsbridge.com) ATS Knightsbridge is a luxury housing project coming up in Noida.(atsknightsbridge.com)](https://www.hindustantimes.com/ht-img/img/2024/06/26/148x111/banner_2_new_1719369011328_1719369027087.jpg)
Updated on Jun 26, 2024 12:19 PM IST
UP cabinet nod for Metro link from Botanical Garden to Noida’s Sector 142
The Uttar Pradesh cabinet's move to extend the Metro link will enhance connectivity with Delhi Metro and Noida's Aqua Line.
![Currently, Greater Noida and Noida are not directly connected to the Delhi Metro via Noida Metro’s 29.7km Aqua Line corridor. Also, connectivity to Delhi Metro’s Blue Line, which enters via Mayur Vihar and ends at Sector 62’s Electronic City Metro station, is not a seamless one (HT Archive) Currently, Greater Noida and Noida are not directly connected to the Delhi Metro via Noida Metro’s 29.7km Aqua Line corridor. Also, connectivity to Delhi Metro’s Blue Line, which enters via Mayur Vihar and ends at Sector 62’s Electronic City Metro station, is not a seamless one (HT Archive)](https://www.hindustantimes.com/ht-img/img/2024/06/25/150x84/Currently--Greater-Noida-and-Noida-are-not-directl_1719340724146.jpg)
Updated on Jun 26, 2024 05:55 AM IST
Vinod Rajput, Noida
Mindspace REIT raises ₹650 crore from IFC via sustainability linked bonds
Mindspace Business Parks REIT becomes first Indian REIT to issue sustainability-linked bonds; The bonds are issued for seven years, the company said.
![Mindspace REIT raises <span class='webrupee'>₹</span>650 crore from IFC via sustainability linked bonds. Mindspace REIT raises <span class='webrupee'>₹</span>650 crore from IFC via sustainability linked bonds.](https://www.hindustantimes.com/ht-img/img/2024/06/25/148x111/Mindspace_Business_Parks_Airoli_East_Image_1719333829500_1719333835423.jpg)
Published on Jun 25, 2024 10:19 PM IST
Sattva Group to invest around ₹14,000 cr in 3 years, mulls IPO for Simpliwork
Bengaluru-based Sattva Group is looking to invest ₹12,000-14,000 crore over the next three years. Also in talks with Blackstone to launch a REIT
![Sattva Group is set to invest <span class='webrupee'>₹</span>12,000 - 14,000 crore in the next 3 years. Mulls IPO for Simpliwork (Representational photo)(Unsplash) Sattva Group is set to invest <span class='webrupee'>₹</span>12,000 - 14,000 crore in the next 3 years. Mulls IPO for Simpliwork (Representational photo)(Unsplash)](https://www.hindustantimes.com/ht-img/img/2024/06/25/148x111/Flexible_office_space-real-estate_1719332783448_1719332783677.jpg)
Published on Jun 25, 2024 10:04 PM IST
PMAY-U 2.0 to build 1 crore houses in urban areas will be launched soon
The second phase of the PMAY-U scheme will soon be launched and it will be based on the learnings of the first phase, said ministry officials
![The second phase of Pradhan Mantri Awas Yojana(Urban) will soon be launched (HT PHOTO) The second phase of Pradhan Mantri Awas Yojana(Urban) will soon be launched (HT PHOTO)](https://www.hindustantimes.com/ht-img/img/2024/06/25/148x111/Pradhan-Mantri-Awas-Yojana-real-estate_1719331009208_1719331009462.jpg)
Published on Jun 25, 2024 09:33 PM IST
PTI |
Amitabh Bachchan buys three more commercial properties in Mumbai for ₹60 crore
Kalki 2898 AD star Amitabh Bachchan has purchased three more commercial properties worth ₹60 crore in Signature Building in Andheri West, Mumbai
![Amitabh Bachchan buys three commercial properties in Mumbai for <span class='webrupee'>₹</span>60 crore. Amitabh Bachchan buys three commercial properties in Mumbai for <span class='webrupee'>₹</span>60 crore.](https://www.hindustantimes.com/ht-img/img/2024/06/26/148x111/Amitabh-Bachchan-real-estate_1719375408396_1719375408603.png)
Updated on Jun 25, 2024 06:09 PM IST
Can homebuyers seek refund of booking amount from a developer due to job loss?
Homebuyers of Godrej Meadows project in Pune had canceled their booking in January 2022 citing financial problems due to loss of job and sought refund
![MahaRERA has directed the developer of Godrej Meadows project in Pune to partially refund the booking amount paid by two homebuyers after deducting 2% of the total booking amount. (Representational photo)(Pexels) MahaRERA has directed the developer of Godrej Meadows project in Pune to partially refund the booking amount paid by two homebuyers after deducting 2% of the total booking amount. (Representational photo)(Pexels)](https://www.hindustantimes.com/ht-img/img/2024/06/25/148x111/Real-estate-RERA_1719307955928_1719307956195.jpeg)
Published on Jun 25, 2024 03:13 PM IST
Here’s why Bollywood stars prefer to invest in commercial properties
Mumbai real estate: Karishma Kapoor, Ajay Devgn, Amitabh Bachchan have all bought commercial properties to earn high rental yields
![From Karishma Kapoor to Amitabh Bachchan, here’s why Bollywood stars prefer to invest in commercial properties.(KarishmaKapoor/Instagram) From Karishma Kapoor to Amitabh Bachchan, here’s why Bollywood stars prefer to invest in commercial properties.(KarishmaKapoor/Instagram)](https://www.hindustantimes.com/ht-img/img/2024/06/25/148x111/Karishma_Kapoor-real-estate_1719297027520_1719297027890.jpg)
Published on Jun 25, 2024 12:11 PM IST
China’s rich spend millions on Shanghai property; Luxury apartments a rage
A $15 million penthouse was snapped up hours after it went on sale. Apartments worth $3.8 million were five times oversubscribed in Shanghai
![Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector. Photographer: Raul Ariano/Bloomberg(Bloomberg) Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector. Photographer: Raul Ariano/Bloomberg(Bloomberg)](https://www.hindustantimes.com/ht-img/img/2024/06/25/148x111/China-real-estate_1719291980550_1719291980858.jpg)
Published on Jun 25, 2024 10:45 AM IST
Bloomberg |
MahaRERA orders builder to refund ₹66 lakh to flat buyer with interest
MahaRERA orders a Mumbai-based real estate developer to refund ₹66 lakh with interest to a homebuyer for project delay
![MahaRERA orders real estate developer to refund <span class='webrupee'>₹</span>66 lakh to flat buyer with interest MahaRERA orders real estate developer to refund <span class='webrupee'>₹</span>66 lakh to flat buyer with interest](https://www.hindustantimes.com/ht-img/img/2024/06/25/148x111/MahaRERA-real-estate_1719285011560_1719285011810.jpeg)
Updated on Jun 25, 2024 07:40 AM IST