Articles by Vandana Ramnani
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
Ajay Devgn leases commercial property in Mumbai for ₹9 lakh per month
Ajay Devgn has rented out a commercial property located in a building called Lotus Signature in Veera Desai Road Extension, Andheri West, Mumbai, for five years
Published on Jun 24, 2024 05:23 PM IST
Co-living firms welcome GST Council's proposal to exempt GST on hostel services
Co-living service providers have welcomed the GST Council's proposal to exempt GST on accommodation services charging up to ₹20,000 per month per person
![Providing relief to students and working professionals, the GST Council has recommended exempting accommodation services having a value of supply up to <span class='webrupee'>₹</span>20,000 per person per month from GST.(Unsplash) Providing relief to students and working professionals, the GST Council has recommended exempting accommodation services having a value of supply up to <span class='webrupee'>₹</span>20,000 per person per month from GST.(Unsplash)](https://www.hindustantimes.com/ht-img/img/2024/06/23/148x111/Real-estate-hostels-GST_1719145277212_1719145277372.jpg)
Published on Jun 23, 2024 06:08 PM IST
UPRERA News: Authority to accept only written complaints from homebuyers
UPRERA has said it will only accept complaints in writing from homebuyers as some of them often change the ‘sought relief’ after the final order has been passed
![UPRERA has decided to standardize written submission of complaints by homebuyers UPRERA has decided to standardize written submission of complaints by homebuyers](https://www.hindustantimes.com/ht-img/img/2024/06/21/148x111/UP-RERA-real-estate_1718964824970_1718964825140.jpg)
Published on Jun 21, 2024 03:59 PM IST
This is what it will cost you to be neighbors with Shatrughan Sinha
The reserve price for the Mumbai property, located in the same neighborhood where Shatrughan Sinha and Sara Ali Khan live, is set at ₹104.11 crore
![The Union Bank of India has issued a public notice to sell properties of Indus Projects Limited and its promoters after they failed to pay the dues. The building is located in the same neighborhood where Shatrughan Sinha lives.(HT FILE PHOTO.) The Union Bank of India has issued a public notice to sell properties of Indus Projects Limited and its promoters after they failed to pay the dues. The building is located in the same neighborhood where Shatrughan Sinha lives.(HT FILE PHOTO.)](https://www.hindustantimes.com/ht-img/img/2024/06/21/148x111/Shatrughan_Sinha-real-estate_1718941812379_1718941812652.jpg)
Published on Jun 19, 2024 03:10 PM IST
Rainwater harvesting should not be an addendum to our buildings: Govt official
Real estate developers should provide both rain harvesting and solar energy for all housing projects, said a senior official of MoHUA
![D Thara, additional secretary of the ministry of housing and urban affairs, said at the Naredco MAHI conference in Delhi that rainwater harvesting cannot be an addendum to buildings D Thara, additional secretary of the ministry of housing and urban affairs, said at the Naredco MAHI conference in Delhi that rainwater harvesting cannot be an addendum to buildings](https://www.hindustantimes.com/ht-img/img/2024/06/14/148x111/Naredco-real-estate_1718374054932_1718374055182.jpeg)
Published on Jun 14, 2024 07:46 PM IST
All that you need to know about UP RERA’s model format for possession letters
Real estate developers and homebuyers have objected to UPRERA's model format of offering possession letters and demanded that the authority reconsider it
![UPRERA has said that real estate developers can issue possession letters to homebuyers only after they have received the occupancy certificates from the development authorities UPRERA has said that real estate developers can issue possession letters to homebuyers only after they have received the occupancy certificates from the development authorities](https://www.hindustantimes.com/ht-img/img/2024/06/12/148x111/UP-RERA-real-estate_1718173067410_1718173067691.jpg)
Published on Jun 12, 2024 12:26 PM IST
PMAY initiative for 3 crore homes to help revive the affordable housing segment
Union Cabinet’s nod to 3 crore houses under PMAY is aimed at ensuring continuity to the Housing for All scheme; will help revive the affordable housing segment
![Union Cabinet’s nod to 3 crore houses under PMAY is aimed at ensuring continuity to the Housing for All scheme. (Representational photo) (Sourced) Union Cabinet’s nod to 3 crore houses under PMAY is aimed at ensuring continuity to the Housing for All scheme. (Representational photo) (Sourced)](https://www.hindustantimes.com/ht-img/img/2024/06/11/148x111/Affordable-housing-real-estate_1718099143946_1718099144081.jpg)
Published on Jun 11, 2024 03:26 PM IST
UK Consulate buys office space in Mumbai from Lodha Group for ₹101.2 crore
The UK Consulate has bought 12 office units from Macrotech Developers Ltd in the project One Lodha Place in Lower Parel, Mumbai, for ₹101.2 crore
![The UK Consulate has bought 12 office units from Macrotech Developers Ltd, which operates under the Lodha brand, in the project One Lodha Place in Lower Parel, Mumbai, for <span class='webrupee'>₹</span>101.2 crore (Representational photo) (Photo by Anshuman Poyrekar/Hindustan Times) The UK Consulate has bought 12 office units from Macrotech Developers Ltd, which operates under the Lodha brand, in the project One Lodha Place in Lower Parel, Mumbai, for <span class='webrupee'>₹</span>101.2 crore (Representational photo) (Photo by Anshuman Poyrekar/Hindustan Times)](https://www.hindustantimes.com/ht-img/img/2024/06/10/148x111/Mumbai-real-estate_1718025567264_1718025567416.jpg)
Published on Jun 10, 2024 06:45 PM IST
Real estate sector pins hopes on Modi 3.0; pushes for focus on infra development
The real estate sector hopes that the new government will continue to focus on infra development, affordable housing, and work towards rationalization of taxes
![With Narendra Modi taking oath as the prime minister for the third time, the real estate sector hopes that the new government will continue to focus on infra development and affordable housing(HT FILE) With Narendra Modi taking oath as the prime minister for the third time, the real estate sector hopes that the new government will continue to focus on infra development and affordable housing(HT FILE)](https://www.hindustantimes.com/ht-img/img/2024/06/10/148x111/_c24a5044-2ead-11ea-96cb-8d9426408fe0_1718001322565.jpg)
Published on Jun 10, 2024 12:54 PM IST
Unchanged interest rates expected to have a stabilizing effect on real estate
Credai urges RBI to reduce repo rates in the upcoming monetary policy to reduce home loan interest rates and stimulate housing demand
![As expected, the Reserve Bank of India (RBI) left its key interest rates unchanged on June 7. This, say real estate experts, augurs well for homebuyers and developers(ANI) As expected, the Reserve Bank of India (RBI) left its key interest rates unchanged on June 7. This, say real estate experts, augurs well for homebuyers and developers(ANI)](https://www.hindustantimes.com/ht-img/img/2024/06/07/148x111/ANI-RBI-policy-rates-real-estate_1717753009347_1717753009532.jpg)
Published on Jun 07, 2024 03:25 PM IST
Real estate firm director buys sea-facing luxury flat in Mumbai for ₹97 cr
The luxury apartment in Mumbai is spread across 14,911 sq ft and is located on the 44th floor of the Three Sixty West project
![Top real estate deal](https://www.hindustantimes.com/ht-img/img/2024/06/05/148x111/Property_deal-_Mumbai_1715947054768_1717589229799.jpeg)
Published on Jun 05, 2024 05:39 PM IST
Real estate sector hopes for continued focus on infra development
Election 2024 results impact: NAREDCO national president G Hari Babu said that the new government should focus on affordable housing and infra development
![Election 2024 results: The real estate sector hopes that the new government would continue to focus on infrastructure development, work towards lowering home loan interest rates, prioritize affordable housing, and provide tax incentives for sustainable development. (Representational Photo) Election 2024 results: The real estate sector hopes that the new government would continue to focus on infrastructure development, work towards lowering home loan interest rates, prioritize affordable housing, and provide tax incentives for sustainable development. (Representational Photo)](https://www.hindustantimes.com/ht-img/img/2024/06/04/148x111/Election_Results-real-estate_1717508253254_1717508253613.jpg)
Published on Jun 04, 2024 07:12 PM IST
10 things you must know about the impact of elections on the real estate sector
Election 2024 results impact: Real estate investors tend to become cautious during elections on account of possible policy changes, say experts
![The real estate sector generally tends to ‘slow’ down during the general elections, there are few launches and investors opt for a ‘wait and watch’ approach (Representational photo) The real estate sector generally tends to ‘slow’ down during the general elections, there are few launches and investors opt for a ‘wait and watch’ approach (Representational photo)](https://www.hindustantimes.com/ht-img/img/2024/06/04/148x111/Elections-real-estate_1717470915328_1717470915486.jpg)
Updated on Jun 04, 2024 10:53 AM IST
Fire safety in high-rise buildings: 12 things residents should know
Amid the ongoing heatwave, here’s what residents must know about fire safety if they reside in high-rise buildings
![Fire breaks out in Noida's Lotus Boulevard Society. Here’s what you should know if you reside in a multi-storey building,, more so if you live on the higher floors. Fire breaks out in Noida's Lotus Boulevard Society. Here’s what you should know if you reside in a multi-storey building,, more so if you live on the higher floors.](https://www.hindustantimes.com/ht-img/img/2024/06/01/148x111/Noida-fire-real-estate_1717218870931_1717218871072.jpg)
Published on Jun 01, 2024 11:03 AM IST
Peyush Bansal, Lenskart’s co-founder, three others register flats in Gurugram
Peyush Bansal, Ram Gopal Agarwal, group chairman and founder at Dhanuka Agritech Ltd, two others register luxury properties in DLF's The Camellias in Gurugram
![Peyush Bansal, co-founder of Lenskart, and promoters of Dhanuka Agritech have registered conveyance deeds of four super luxury apartments worth more than <span class='webrupee'>₹</span>100 crore in DLF’s uber luxury project ‘The Camellias’ in Gurugram.(X) Peyush Bansal, co-founder of Lenskart, and promoters of Dhanuka Agritech have registered conveyance deeds of four super luxury apartments worth more than <span class='webrupee'>₹</span>100 crore in DLF’s uber luxury project ‘The Camellias’ in Gurugram.(X)](https://www.hindustantimes.com/ht-img/img/2024/05/31/148x111/Peyush_Goyal_Twitter_1717129234184_1717129246792.jpg)
Published on May 30, 2024 05:44 PM IST
How many properties does Hardik Pandya own? Or does he live on rent?
Hardik and Krunal Pandya have taken up three ‘jodi apartments’ that are part of a project in Lower Parel area in Mumbai known as Lotus Enpar Residency
![Indian cricket team all-rounder Hardik Pandya and his brother Krunal Pandya have together taken three ‘jodi’ apartments on rent in the Lower Parel area in Mumbai(X-Image/@hardikpandya7) Indian cricket team all-rounder Hardik Pandya and his brother Krunal Pandya have together taken three ‘jodi’ apartments on rent in the Lower Parel area in Mumbai(X-Image/@hardikpandya7)](https://www.hindustantimes.com/ht-img/img/2024/05/30/148x111/Hardik_Pandya_real-estate_1717043782042_1717043782196.jpg)
Published on May 30, 2024 10:08 AM IST
Sonu Nigam's father buys property in Mumbai for ₹12 crore
Sonu Nigam’s father, Agam Kumar Nigam, has purchased a 2022.88 sq ft built-up property in Andheri West, Mumbai, property registration documents showed
![Sonu Nigam's father buys property in Mumbai for <span class='webrupee'>₹</span>12 crore Sonu Nigam's father buys property in Mumbai for <span class='webrupee'>₹</span>12 crore](https://www.hindustantimes.com/ht-img/img/2024/05/29/148x111/Sonu-Nigam-real-estate_1716984418300_1716984418463.jpeg)
Published on May 29, 2024 05:38 PM IST
Godrej & Boyce sells office space in Mumbai to Godrej Industries for ₹157 cr
The Godrej family announced on April 30 that it was splitting the 127-year-old group into two entities — Godrej Enterprises and Godrej Industries
![Godrej & Boyce Manufacturing Company Limited has transferred an office space spread across an area of 48,729.92 sq ft located in Vikhroli (East) for a consideration of <span class='webrupee'>₹</span>157 crore to Godrej Industries Ltd (Representational photo)(AP | Representational image) Godrej & Boyce Manufacturing Company Limited has transferred an office space spread across an area of 48,729.92 sq ft located in Vikhroli (East) for a consideration of <span class='webrupee'>₹</span>157 crore to Godrej Industries Ltd (Representational photo)(AP | Representational image)](https://www.hindustantimes.com/ht-img/img/2024/05/26/148x111/india-real-estate_1716720116300_1716720116485.jpg)
Updated on May 28, 2024 09:16 AM IST
Mumbai real estate deal: 360 One founder buys two luxury flats for ₹170 crore
The two luxury flats apartments located in Oberoi Realty’s luxury project Three Sixty West are spread over an area of 12,896 sq ft and cost ₹85.03 crore each
![Karan Bhagat, founder and CEO of 360 One, that was earlier known as IIFL Wealth & Asset Management, has bought two sea-view properties in Oberoi Realty’s project Three Sixty West in Mumbai. Karan Bhagat, founder and CEO of 360 One, that was earlier known as IIFL Wealth & Asset Management, has bought two sea-view properties in Oberoi Realty’s project Three Sixty West in Mumbai.](https://www.hindustantimes.com/ht-img/img/2024/05/27/148x111/Oberoi_realty_360__West_1716804424163_1716804424374.jpeg)
Published on May 27, 2024 03:57 PM IST
Fractional ownership platforms start process of registering under SM REIT norms
Fractional ownership platforms such as Strata, hBits, WiseX, EFC (I) Ltd start the process of registering under SMREIT regulations
![Several fractional ownership platforms have started the process of registering under SM REIT regulations (Representational photo)(Pixabay) Several fractional ownership platforms have started the process of registering under SM REIT regulations (Representational photo)(Pixabay)](https://www.hindustantimes.com/ht-img/img/2024/05/22/148x111/Fractional-ownership-real-estate_1716355457969_1716355458310.jpg)
Published on May 22, 2024 12:15 PM IST
Promoters of a diamond firm buy a luxury apartment in Mumbai for ₹97.4 crore
The luxury apartment is spread across an area of 14,911 sq ft plus an additional area of 884 sq ft and has been bought for ₹97.4 crore
![Promoters of Kiran Gems have bought an around 16,000 sq ft sea-facing apartment in the luxury project Oberoi 360 West in Mumbai for <span class='webrupee'>₹</span>97.4 crore, documents accessed by Zapkey showed. Promoters of Kiran Gems have bought an around 16,000 sq ft sea-facing apartment in the luxury project Oberoi 360 West in Mumbai for <span class='webrupee'>₹</span>97.4 crore, documents accessed by Zapkey showed.](https://www.hindustantimes.com/ht-img/img/2024/05/17/148x111/Property_deal-_Mumbai_1715947054768_1715947054953.jpeg)
Published on May 17, 2024 06:02 PM IST
DLF to launch projects with ₹36,000 crore sales potential this year
DLF plans to launch super luxury projects in Gurugram in DLF5 in Q3 and in Goa in Q2; a premium project in Mumbai in Q4 and a luxury project DLF Privana in Q4
![Real estate major DLF plans to launch new real estate projects spanning approximately 11.6 mn sq ft with a sales potential of almost <span class='webrupee'>₹</span>36,000 crore this fiscal, Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd, told Hindustan Times Digital Real estate major DLF plans to launch new real estate projects spanning approximately 11.6 mn sq ft with a sales potential of almost <span class='webrupee'>₹</span>36,000 crore this fiscal, Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd, told Hindustan Times Digital](https://www.hindustantimes.com/ht-img/img/2024/05/16/148x111/Aakash_Ohri_DLF_2_1715857031190_1715857052494.jpeg)
Updated on May 15, 2024 10:50 PM IST
Will zero deposit rentals provide an antidote to tenants' woes in Bengaluru?
Bengaluru's tenants will only have to pay an upfront annual premium of around 6% of the probable deposit or bond value under the zero deposit rental scheme
![Bengaluru rental market: Under the zero deposit rental scheme, the prospective tenant signs a rental bond with the landlord and the third party executing it for a nominal one-time fee. (Representational photo) Bengaluru rental market: Under the zero deposit rental scheme, the prospective tenant signs a rental bond with the landlord and the third party executing it for a nominal one-time fee. (Representational photo)](https://www.hindustantimes.com/ht-img/img/2024/05/13/148x111/Bangalore-real-estate_1715609562303_1715609562507.jpg)
Updated on May 14, 2024 07:37 AM IST
5 things you need to know about India's ghost shopping malls
Grade C shopping centers or ghost malls in some cities have been demolished to pave way for construction of residential inventory to monetize the land parcels
![There has also been a 59% year-on-year rise in low performing shopping malls in India with approximately 13.3 million sq ft of retail space categorized as 'ghost shopping centers (Representational photo) (Pixabay) There has also been a 59% year-on-year rise in low performing shopping malls in India with approximately 13.3 million sq ft of retail space categorized as 'ghost shopping centers (Representational photo) (Pixabay)](https://www.hindustantimes.com/ht-img/img/2024/05/13/148x111/Shopping-malls-real-estate_1715560132759_1715560133012.jpg)
Published on May 13, 2024 08:44 AM IST
D'Mart buys 52,000 sq ft land parcel in Mumbai for ₹117 crore
The agreement value for the 52,765 sq ft land deal is around ₹117 crore and the stamp duty paid by D'Mart is ₹7.03 crore, documents showed
![Avenue Supermarts Ltd, the parent company of D’Mart supermarket chain, has purchased a 52,000 sq ft. land parcel in Chandivali, Andheri East in Mumbai for <span class='webrupee'>₹</span>117 crore (Photo dmartindia.com) Avenue Supermarts Ltd, the parent company of D’Mart supermarket chain, has purchased a 52,000 sq ft. land parcel in Chandivali, Andheri East in Mumbai for <span class='webrupee'>₹</span>117 crore (Photo dmartindia.com)](https://www.hindustantimes.com/ht-img/img/2024/05/10/148x111/_fc6541b6-7972-11ea-9ef9-f1be7341055a_1715339747734.jpg)
Published on May 10, 2024 05:03 PM IST
World Facilities Management Day: What keeps luxury projects in shipshape?
Facility management in luxury condos is all about having experts take care of residents’ needs, not to mention the high maintenance costs that go into it
![These days several consultancies have started providing for facility management services in luxury real estate projects that are often managed by hotel management staff(Cushman & Wakefield) These days several consultancies have started providing for facility management services in luxury real estate projects that are often managed by hotel management staff(Cushman & Wakefield)](https://www.hindustantimes.com/ht-img/img/2024/05/08/148x111/Facility_management-_real-estate_1715164835285_1715164835493.jpg)
Published on May 08, 2024 04:44 PM IST
Microsoft buys 48-acre land parcel in Hyderabad for ₹267 crore
The land parcel that Microsoft has bought is located in Elikatta Village, Hyderabad in Telangana. The sale deed was registered on April 18, documents showed
![Tech giant Microsoft has bought an almost 48 acres land parcel in Hyderabad for <span class='webrupee'>₹</span>267 crore (REUTERS/ FILE) Tech giant Microsoft has bought an almost 48 acres land parcel in Hyderabad for <span class='webrupee'>₹</span>267 crore (REUTERS/ FILE)](https://www.hindustantimes.com/ht-img/img/2024/05/06/148x111/microsoft-real-estate_1714996754174_1714996754335.jpg)
Published on May 06, 2024 05:54 PM IST
JLL’s project and development services business in India to grow by 15-20%
JLL is also planning to focus on the senior living, warehousing and assets advisory business in India, two global CEOs of the company told HT Digital
![JLL’s project and development services (PDS) footprint in India touched 250 million sq ft in FY2023 and is expected to grow at approximately 15-20% this fiscal, Cynthia Kantor, CEO, Project and Development Services (PDS) and Susheel Koul, CEO, Work Dynamics, Asia Pacific, Singapore, told HT Digital JLL’s project and development services (PDS) footprint in India touched 250 million sq ft in FY2023 and is expected to grow at approximately 15-20% this fiscal, Cynthia Kantor, CEO, Project and Development Services (PDS) and Susheel Koul, CEO, Work Dynamics, Asia Pacific, Singapore, told HT Digital](https://www.hindustantimes.com/ht-img/img/2024/05/06/148x111/JLL-PDS-real-estate_1714983033120_1714983033353.jpg)
Published on May 06, 2024 02:16 PM IST
Real estate trends: Mumbai homebuyers now upgrading to duplex and triplex flats
Move over jodi apartments. Luxury housing demand in Mumbai has now shifted to vertical duplex units with more height and large floor area, say realty experts
![The latest trend that has caught on in Mumbai is that of duplex and triplex homes (Representational photo)(Pexels) The latest trend that has caught on in Mumbai is that of duplex and triplex homes (Representational photo)(Pexels)](https://www.hindustantimes.com/ht-img/img/2024/05/06/148x111/luxury-real-estate_1714972032819_1714972033109.jpeg)
Published on May 06, 2024 10:48 AM IST