DLF Acquires 31,254 sqft Office Space in Gurugram for Rs 81 Crore
The recent acquisition by DLF in Gurugram’s real estate market adds a new chapter to the evolving landscape of office spaces. The 31,254 square feet office space in Two Horizon Center, purchased for Rs 81.04 crore, not only underscores the…
Poovayya & Co: Facilitating Bengaluru’s Real Estate Growth
Krishna Priya Estates Private Limited and Micro Labs Limited, both based in Bengaluru, have successfully finalized a joint development agreement with Brigade Enterprises Limited, a prominent real estate developer. The collaboration aims to construct approximately 2 million square feet of…
Oberoi Realty Unveils Luxurious 3BHK Apartments in Thane’s Kolshet Area, Starting at Rs 1.87 Cr
Oberoi Realty made headlines on November 20 with the launch of Forestville by Oberoi Realty, a high-end residential project situated in Thane’s Kolshet area, near Mumbai. Spanning across 18 acres, the development comprises five residential towers primarily featuring 3 BHK…
Crackdown in Gurgaon: 29 Arrested in 96 Cases of Unauthorized Construction and Commercial Property Use
Over the last four months, the newly established Enforcement Bureau police station in Gurgaon has taken action against unauthorized construction and the commercial use of residential properties in the city. A total of 96 cases have been filed, leading to…
PCMC Deploys 10 Squads to Expedite Property Tax Collection
In a concerted effort to bolster municipal revenue, the Panvel City Municipal Corporation (PCMC) has deployed 10 specialized squads tasked with issuing pre-seizure notices to property owners who have defaulted on property tax payments, despite prior appeals and reminders. These…
Telangana High Court Rules in Favor of Housing Board Employees After 25-Year Legal Battle for Plots
In a significant legal triumph lasting a quarter-century, 320 employees of the Telangana Housing Board have emerged victorious in their dispute with the state government over house plots. The Telangana High Court, on Friday, dismissed the contentions of the government…
Bengaluru Rental Crisis: Tenants Forced to Vacate Amid Soaring Property Prices
In the face of escalating property prices, tenants in Bengaluru are grappling with an unexpected challenge – landlords asking them to vacate their rented apartments for the purpose of selling the properties, even while existing rental agreements are in force….
Prestige Group to launch its largest Hyderabad township, targeting Rs 8,000 crore in sales
Bengaluru-based real estate developer Prestige Group is all set to unveil its most ambitious project yet, “The Prestige City,” in Hyderabad, with the launch scheduled for November 9. The company has high hopes for this project, with sales potential exceeding…
Trehan Iris Launches OMEGA, an office tower in Iris Broadway Greno West
Trehan Iris, one of India’s leading real estate developers, has recently launched OMEGA – a high-rise office tower. This tower is within “Iris Broadway Greno West”, a 1 million sq. ft. premium retail-led mixed-use development and entertainment destination. OMEGA has…
Challenges for NRIs Managing Bengaluru Real Estate Investments: Exploring Exit Options
Dr. Renuka Divakaruni, a seasoned real estate investor based in the United States with more than 15 years of experience, is contemplating a strategic exit from her extensive real estate holdings in Bengaluru. Her deliberation on this move is fueled…