Maharashtra’s Anticipated Housing Policy: 5 Key Highlights You Should Know
The Maharashtra government is set to overhaul the state’s housing policy, marking the first update in 17 years. The revised policy will primarily target the Mumbai real estate market, extending its impact to Pune, Nashik, and Nagpur. Here are five…
BDA Contemplates Price Hike on Unsold Flats Amidst Property Value Revision
The pricing predicament extends to BDA’s ambitious villa project, the Puneeth Rajkumar Housing Complex, located near Dasanapura in north Bengaluru. The project, conceived in 2018 on 31 acres of land at a cost of Rs 271 crore, is set to…
Gurgaon Police’s Economic Offences Wing to Investigate Emaar India and JLL India Case
The Economic Offences Wing (EOW) of Gurgaon police has initiated an investigation into a case lodged by MGF against Emaar India, the local subsidiary of Dubai’s renowned Emaar Properties, and the prominent international property consultant JLL India, as indicated by…
2024 Colliers Global Investor Outlook; Focus on APAC
The 2024 Colliers Global Investor Outlook combines on the ground perspectives from our senior experts in Asia Pacific (APAC) and globally with key insights from a survey of our international investor client base, analysed by our industry-leading research teams. This…
Mumbai Real Estate Sees Over 3% YoY Surge in November Property Registrations
Mumbai’s real estate sector witnessed a year-on-year increase of over 3% in property registrations for November 2023, recording 9,255 registrations and generating revenue of Rs 677 crore, according to data from the Maharashtra Inspector General of Registrations and Stamps (IGR)…
A Ray of Hope for Homebuyers Amidst Real Estate Insolvency Struggles
In the ever-evolving landscape of Indian real estate, where the dreams of nearly 20,000 homebuyers hang in the balance due to the insolvency woes of major builders such as Jaypee, Amrapali, Unitech, Today Homes, Supertech Logix, and Ajnara, the Insolvency…
Delhi Real Estate Regulator Reverses Order Leading to Property Registration Halt
The Delhi Real Estate Regulatory Authority (Delhi RERA) has retracted its earlier order, which resulted in a pause in property registrations across the city. RERA officials revealed that the decision to withdraw the order was made following a meeting on…
ED Searches DLF Premises in Supertech Probe
The Enforcement Directorate (ED) has conducted searches at the premises of real estate giant DLF in Gurgaon as part of an ongoing money laundering investigation against Supertech, a real estate firm, and its promoters, according to official sources. Over the…
SEBI’s Boost to Fractional Ownership in Real Estate
SEBI, in its recent board meeting, announced significant decisions, including measures related to fractional ownership, with a primary objective of safeguarding investor interests. The move is a strategic effort to regulate the real estate fractional ownership segment, a development hailed…
India Requires 2 Billion Sq Feet of Healthcare Real Estate to Address Population Needs: Knight Frank Report
India requires an additional two billion square feet of healthcare real estate to meet the current needs of its population, given the existing bed-to-population ratio of 1.3 beds per 1,000 people, as per a Knight Frank global healthcare report. The…