The Enforcement Directorate (ED) has attached assets worth Rs 159 crore in the Rose Valley money laundering case. The attached assets include land, buildings, and other immovable properties in West Bengal, Odisha, and Delhi. The ED initiated the investigation into the Rose Valley case in 2013 and has been pursuing it since then. Rose Valley […]
Tag Archives: Realty News
India Developer Sells $1 Billion of Luxury Homes in Three Days!
Indian real estate developer, Macrotech Developers, recently sold $1 billion worth of luxury homes in just three days, in what is being touted as a record-breaking sale. The Mumbai-based developer, also known as Lodha Group, sold over 500 units in its latest luxury residential project, the World Towers, located in the upmarket Worli area of […]
Will India’s real estate market be hurt by high housing prices and rising interest rates in 2023–24?
Tags: Realty News
The real estate sector in India has been one of the primary drivers of economic growth over the past few years. However, the sector is facing several challenges in the wake of the COVID-19 pandemic. One of the significant concerns is whether high home prices and rising interest rates will dent India’s real estate sector […]
Property charges are increased by the Yamuna Expressway Authority!
Recent property rate increases proposed by the Yamuna Expressway Authority (YEA) have alarmed both investors and locals. The decision to raise rates has been justified by several elements, including inflation, the growing cost of building, and the requirement for more money to support new infrastructure projects.
Gulam Zia of Knight Frank India Discusses Mumbai’s Real Estate Shift towards Renting!
Tags: Realty News
Throughout the past several years, there has been a change in tendencies in Mumbai’s real estate market. While demand for rental houses has surged, demand for home purchases has fallen. Experts like Gulam Zia of Knight Frank India have commented on the causes of this tendency, which is becoming more and more obvious.
Real estate developers predict that property prices in Chennai would rise by 10-20%.
Tags: ChennaiRealty News
“Property prices are growing as building materials and labour costs rise. Stock prices in the city have risen by 100-200 percent. Steel, cement, copper wiring, and switches have all grown in price, and developers will ultimately have to pass this on to clients,” stated P. Kruthivas, Convener of FAIRPRO 2023.
Chintels Paradiso: Is there any chance of another demolition?
A housing development called Chintels Paradiso is situated in Gurgaon, India. The complex’s occupants are in a condition of anxiety and uncertainty as a result of recent speculations that it would be demolished. We shall investigate the sources of these reports and the prospects for Chintels Paradiso in this piece.
Maintenance against property in the gift deed: Supreme Court
Tags: Realty GuideRealty News
Recently, the Supreme Court of India issued an important decision that might have profound effects on the nation’s property laws. The court has determined that a gift deed’s provision for property upkeep may be enforceable against the beneficiary. This implies that if a gift deed specifies that the receiver is responsible for property maintenance, they […]
Report: Real estate investment increased by 32% in India
Real estate investment in India climbed 32% year over year to a record $7.8 billion, according to consultancy company CBRE South Asia Pvt Ltd. According to CBRE’s research, India Market Monitor 2022, quarterly investment in Indian real estate increased by 64% from quarter to quarter and by 115% from year to year, totaling $2.3 billion […]
Mumbai Trans Harbour Link may debut in November 2023.
According to Maharashtra Chief Minister Eknath Shinde, the Mumbai Trans Harbour Link (MTHL) would be accessible to the general public in November 2023, with 90% of the civil construction completed. The MTHL, a six-lane road bridge, connects Sewri and Chirle in around 15-20 minutes.
