Here's what's buzzing in Mumbai if you are looking out for real estate appreciation...
The real estate sector might have been caught off guard by the second wave of the Covid-19 pandemic, but large listed developers like Godrej Properties and Prestige Estates Projects soldier on undeterred. They aim to have sales bookings of Rs 10,000 crore in the next few years.
Before they commanded nations, commanded armies... or commanded headlines, these world leaders once led lives that were unexpectedly ordinary.
Faridabad Police have registered a case against five individuals, including a former MLA and a former Tehsildar, for their alleged involvement in a property fraud involving the double registration of a house.
Sebi had last year put in place a separate regulatory regime for REITs.
According to top Trinamool sources, mercurial Mamata Banerjee is again angry with the Congress -- even before the previous contentious issues could subside -- over non-allocation of a preferred bunglow for her party office in the capital. Banerjee had zeroed in on bungalow number 14 on Bishamber Dass Marg as the ideal place to house her party office in Delhi.
The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.
He has to appear before the court on January 24, 2019.
According to multiple sources close to the development, Mercedes-Benz is already in talks with multiple developers in Gurugram for a luxury branded residence project.
The apex court also pulled up the Gujarat government for extending the deadline till July next year for hospitals to rectify the building by-laws violations, and said the "carte blanche" notification was in teeth of its order of December 18 last year and people will continue to die in fire incidents.
Piramal Fund Management has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown.
Unaffordable real estate prices, hardening interest rates, fall in home loan disbursements and reluctance of developers to cut down prices do not augur well for the real estate market in India, feels V Hari Krishna, CIO of Kotak Realty Funds Group.
There are more opportunities in these cities than smaller ones, say real estate fund managers.
The industry status will help the sector access bank lending at average interest rates
The Enforcement Directorate (ED) has attached assets worth over 200 crore belonging to TDI Infrastructure Limited in connection with a money-laundering investigation related to alleged fraud against homebuyers.
Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities.
Budget might turn out to be neutral for the sector.
Companies' rent and lease expenses have seen a significant decline relative to the money they make since the pandemic.
It has brought down the minimum capital requirement to $5 million from $10 million.
The sale of 250 units within 60 days definitely sets a yardstick
India's Rs 4.5-trillion fast-moving consumer goods (FMCG) sector was one of the first to bounce back from the lockdown induced blues, reporting a year-on-year (YoY) growth in the October-December quarter last year. That said, the overall consumption figures continue to remain depressed. The FMCG market, which includes daily consumables like branded atta, hand sanitizers, edible oils, shampoos, razors, and so on, recorded 7.3 per cent value growth during the period, while the smartphone market grew by 21 per cent.
The share of services in gross value added (GVA) in 2023-24 was the highest in Chandigarh (88.8 per cent), followed by Delhi (84.1 per cent), said a NITI Aayog report released recently.
The country's largest IT services company TCS on Thursday announced a tie-up with private equity major TPG for its upcoming data centre business, in which both the partners aim to invest Rs 18,000 crore. TPG will invest $1 billion or around Rs 8,870 crore in the AI data centre business christened as 'Hypervault', and hold a stake between 27.5-49 per cent in the venture.
Developers have demanded lower borrowing cost for the housing sector as well as reduced taxes to promote affordable housing.
Congress General Secretary Digvijay Singh on Tuesday alleged that the ruling Bharatiya Janata Party had got 10,000 burqas stitched for its 'Karyakarta Mahakumbh' to be held in Bhopal on Wednesday, for which a real estate company had paid Rs 42 lakh to the tailor, a charge denied by the BJP.
Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.
The average home prices in Mumbai have touched Rs 12,000 per sq ft
Benchmark equity indices Sensex and Nifty extended their gains for the second straight session on Monday, driven by optimism over the India-US trade deal and robust buying in public sector banks, consumer durables, and realty stocks.
Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.
Investing in gold trumped most other asset classes in terms of compounded annualised returns over the long term, suggests a report by FundsIndia.
This Hamlet and most of the film's characters are Hindus, so there is an elaborate wedding sequence with a baraat, dholki players, dancing baraatis, and a dance performance piece, set to the qawwali Mast Qalander.
Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Feb 24, 2026.
Equity benchmark indices Sensex and Nifty experienced a significant decline, primarily driven by a selloff in IT stocks due to concerns about AI disruption and renewed worries over global trade.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Real estate loans could become NPAs for banks.
White collar hiring in November has surged by 23 per cent, mainly led by non-IT sectors such as education, real estate, hospitality and travel, and insurance, says a report. October had registered a 9 per cent year-on-year decline in hiring due to advancement of Diwali dates this year while in November it rebounded with a 23 per cent growth, according to the Naukri JobSpeak Index report.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.
Government will make a fresh bid to pass crucial bills on GST and real estate in the last week of the Winter session.
India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.
