Private Capital to Drive Asia-Pacific Commercial Real Estate Growth: Knight Frank Report
Private capital is anticipated to play a pivotal role in shaping the future of the Asia-Pacific commercial real estate market, as outlined in Knight Frank’s New Horizon Outlook 2024 Part 1: Asia-Pacific Tomorrow report. In 2023, private capital, including High…
Government’s Approval of 342 Proposals Signals Revival for Stalled Real Estate Projects and Homebuyers
As of November 16, 2023, the Indian government has given the go-ahead to 342 proposals under the Special Window for Completion of Affordable and Mid-Income Housing (SWAMIH) investment fund. This initiative is set to breathe life into stalled real estate…
Supreme Court Upholds NCDRC: Mantri Developers Ordered to Refund Bengaluru Project’s Deposit
In a significant development, the Supreme Court has upheld the National Consumer Disputes Redressal Commission (NCDRC) order mandating Mantri Estate Management Pvt Ltd to refund a refundable maintenance deposit of around Rs 7.1 crore to homebuyers in a Bengaluru project….
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…