Gurugram has overtaken Mumbai to become India's biggest luxury housing market in 2025, recording 24,120 crore in sales of homes priced above 10 crore.
Virat Kohli and Anushka Sharma completed a major deal by purchasing a five-acre land parcel in Alibaug -- a coastal town located around 100 kms from Mumbai.
Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.
In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
Mumbai's property markets, where prices earlier crossed Rs 1 lakh per sq. ft in South Mumbai, are seeing a 20-25 per cent markdown from last year's levels.
Over 25,000 sq ft leased by them in last three months after new maternity Act. Raghavendra Kamath reports.
At 9.5% of sales, Zara offers the best revenue share to Mumbai's posh Oberoi mall. This is the highest revenue share offered by any fashion retailer for an anchor position in a mall.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised
HFCs and banks expect a drop in demand for housing loans in the short-term.
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