News for 'residential development'

'Don't drop those bombs': Trump uses F-word to slam Israel

'Don't drop those bombs': Trump uses F-word to slam Israel

Rediff.com24 Jun 2025

United States President Donald Trump has expressed strong disapproval of Israel and Iran 'violating the ceasefire' he announced earlier in the day and said the two countries have been fighting 'so long and so hard that they don't know what the f*** they're doing'.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

Rediff.com14 Jul 2025

64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.

Land deals for housing, warehousing rise to over 2,200 acres

Land deals for housing, warehousing rise to over 2,200 acres

Rediff.com13 Jan 2025

Indian real estate sector saw more land deals in 2024 at over 2,200 acres as developers were looking to expand the business, according to CBRE. Real estate consultant CBRE data showed that land deals of more than 2,200 acres last year as against about 1,900 acres in the preceding year. Out of the total land transactions in 2024, around 2,000 acres were located in the eight major cities -- Delhi-NCR, Bengaluru, Mumbai, Chennai, Pune, Hyderabad, Kolkata and Ahmedabad.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

Govt official, 2-year-old girl among 5 killed in Pak shelling in J-K

Govt official, 2-year-old girl among 5 killed in Pak shelling in J-K

Rediff.com10 May 2025

Raj Kumar Thapa, additional district development commissioner, Rajouri, and his two staff members were seriously injured when an artillery shell hit his official residence in Rajouri town, the officials said.

Adani in advance talks to acquire Emaar India

Adani in advance talks to acquire Emaar India

Rediff.com20 Mar 2025

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.

HC quashes ED summons to Sidda's wife, minister in MUDA case

HC quashes ED summons to Sidda's wife, minister in MUDA case

Rediff.com7 Mar 2025

The Karnataka High Court has quashed the Enforcement Directorate's summons to Chief Minister Siddaramaiah's wife Parvathi B M and Urban Development Minister B S Suresh in connection with the MUDA site allotment case. The court ruled that the ED was conducting a parallel investigation despite the case already being probed by the Lokayukta police and a Special Investigation Team (SIT). The ED had alleged that Siddaramaiah and other accused were involved in attempted money laundering in the MUDA site allotment case and that the fourteen sites (plots) allotted to Parvathi in Mysuru upmarket were illegally allotted.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

Heavy Pak shelling leaves trail destruction in Poonch

Heavy Pak shelling leaves trail destruction in Poonch

Rediff.com7 May 2025

Heavy Pakistani shelling in the border district of Poonch in Jammu and Kashmir left nine people dead and 28 injured. The shelling, described by residents and officials as "barbaric and cowardly", started around 2 am, damaging dozens of residential houses, shops, vehicles, and heritage sites. The incident comes after India launched "Operation Sindoor" in retaliation to the April 22 Pahalgam terror attack. India condemned the act, calling it a cowardly attack on civilians, and reaffirmed that civilian safety remains its top priority.

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Rediff.com20 Feb 2025

The Lokayukta police probing the Mysore Urban Development Authority (MUDA) site allotment case on Wednesday said that the charges against Karnataka Chief Minister Siddaramaiah and his wife Parvathi could not be proved for want of evidence.

Heavy rains lash coastal K'taka for third straight day, red alert issued

Heavy rains lash coastal K'taka for third straight day, red alert issued

Rediff.com26 May 2025

Heavy monsoon rains battered Karnataka's coastal belt for the third consecutive day on Monday, severely disrupting normal life in Dakshina Kannada district, prompting authorities to issue a red alert and deploy disaster response teams. A red alert indicates extremely heavy rainfall of over 20 cm in 24 hours, and will remain in force for the next five days, according to the India Meteorological Department (IMD). Several parts of Mangaluru city reported waterlogging and traffic snarls, while minor incidents of landslides were reported from hilly regions across the district. The district administration has directed schools and composite colleges to remain shut on 27 and 28 following the IMD issuing a red alert. Instructions were also issued to relocate residents living in vulnerable hillside and riverside areas to safer locations. The authorities have sought prompt action from the National Highways Authority of India (NHAI) following complaints of water intrusion in residential areas due to ongoing highway construction works.

Lodha vs Lodha: Latest twist in the family feud

Lodha vs Lodha: Latest twist in the family feud

Rediff.com2 Apr 2025

In a twist in the family feud, Abhishek Lodha-run Macrotech Developers on Wednesday alleged younger brother Abhinandan's firm fabricated documents to misuse the company's brand name to further its business interests.

Bangladesh court issues arrest warrants against Hasina, son in land case

Bangladesh court issues arrest warrants against Hasina, son in land case

Rediff.com15 Apr 2025

A court in Bangladesh has issued fresh arrest warrants against former Prime Minister Sheikh Hasina, her son Sajeeb Wajed, and 16 others in two cases related to alleged irregularities in allocating residential plots on the outskirts of the capital. The warrants were issued based on chargesheets filed by the Anti Corruption Commission (ACC), which alleges that Hasina and her family members illegally acquired plots in Purbachal New Town by abusing state power. The court has ordered police to submit a report by April 29 on the progress of executing the warrants. This is the latest in a series of legal actions against Hasina and her family members since her Awami League regime was toppled last year in a student-led mass uprising.

Class 10 student gives birth to baby in Odisha hostel

Class 10 student gives birth to baby in Odisha hostel

Rediff.com25 Feb 2025

A class 10 student gave birth to a baby at the hostel of a state-run residential school in Odisha's Malkangiri district, prompting an inquiry. The girl delivered a baby girl on Monday after returning to the hostel following board exams. The headmaster of the school, run by the ST & SC Development, Minorities & Backward Class Welfare Department, said that men are not allowed in the girl's hostel and that the incident suggests a lapse in health worker duties. Both the child and mother are stable. The girl's parents have questioned the school authorities about the pregnancy remaining undetected until labor. A departmental inquiry has been initiated, and a man suspected to be involved has been detained by the police.

Pak shelling: Last rites of fallen soldiers, district commissioner held

Pak shelling: Last rites of fallen soldiers, district commissioner held

Rediff.com11 May 2025

Emotional scenes were witnessed across the country as the last rites of those killed in shelling by Pakistan during the recent military conflict with India were performed on Sunday.

Global condolences pour in after Ahmedabad plane crash

Global condolences pour in after Ahmedabad plane crash

Rediff.com13 Jun 2025

UN chief Antonio Guterres, US President Donald Trump, his Russian counterpart Vladimir Putin and Canadian Prime Minister Mark Carney were among scores of world leaders who offered condolences to the people of India in wake of the tragic plane crash in Ahmedabad on Thursday.

Adani Group to redevelop Mumbai's Motilal Nagar

Adani Group to redevelop Mumbai's Motilal Nagar

Rediff.com12 Mar 2025

Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.

Adani wins Rs 36,000-cr Mumbai project

Adani wins Rs 36,000-cr Mumbai project

Rediff.com12 Mar 2025

After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W).

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com7 Mar 2025

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

Disha Salian's father seeks fresh probe into her death; names Aaditya

Disha Salian's father seeks fresh probe into her death; names Aaditya

Rediff.com20 Mar 2025

Satish Salian, the father of Disha Salian, former manager of actor Sushant Singh Rajput, has filed a petition in the Bombay High Court seeking a fresh probe into her death in 2020. The petition alleges that Disha Salian was brutally raped and murdered and that there was a politically-orchestrated cover-up to protect certain influential persons. The petition names Shiv Sena (UBT) leader Aaditya Thackeray and calls for the probe to be transferred to the CBI. The petition also claims that the Mumbai police hastily closed the case as a suicide or accidental death without considering forensic evidence. Salian's death occurred on June 8, 2020, after she fell from the 14th floor of a residential building. The city police had registered an Accidental Death Report (ADR) case at the time. The case has drawn renewed attention after Rajput's death on June 14, 2020, which was also initially ruled a suicide but was later handed over to the CBI. The petition has sparked reactions from various political figures, with some calling for Thackeray to resign and face the investigation.

Housing sales to fall 23% in Q1 in top 9 cities

Housing sales to fall 23% in Q1 in top 9 cities

Rediff.com23 Mar 2025

Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity.

Bahawalpur and Narowal: Suicide factories of Jaish exposed

Bahawalpur and Narowal: Suicide factories of Jaish exposed

Rediff.com8 May 2025

The Bahawalpur centre is notorious for hoarding arms and ammunition left behind by the NATO forces in Afghanistan, the officials said.

Delhi building crumbled like stack of cards, recall witnesses

Delhi building crumbled like stack of cards, recall witnesses

Rediff.com19 Apr 2025

A four-storey residential building in Delhi's Mustafabad collapsed on Saturday morning, killing four people and trapping many others under the rubble. Rescue teams are working to pull survivors from the debris, but the collapse has been described as a "pancake collapse" where chances of survival are minimal.

Residential builders stare at a bleak year

Residential builders stare at a bleak year

Rediff.com9 Apr 2020

CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales in the past five years, after Q1, 2017, when the decline, due to the note ban, was 37 per cent.

Housing demand in 2024 at 12-year high, sales up 7%

Housing demand in 2024 at 12-year high, sales up 7%

Rediff.com7 Jan 2025

Housing sales rose 7 per cent annually in 2024 across eight major cities to reach 12-year high at 3,50,613 units on better demand for premium homes amid stable mortgage rates and strong economic growth, according to Knight Frank. Last month, real estate consultant Anarock, however, had reported that housing sales declined 4 per cent in 2024 to nearly 4.6 lakh units across seven major cities.

NEUFC's new home Shillong set to host Chhetri, others

NEUFC's new home Shillong set to host Chhetri, others

Rediff.com4 Feb 2025

I-League 2 team Sudeva FC launches collaboration with VfB Stuttgart for grassroots development

Plans afoot to develop Noida-like industrial city in UP's Bundelkhand

Plans afoot to develop Noida-like industrial city in UP's Bundelkhand

Rediff.com9 Jan 2024

Noida was conceived in the 1970s and went on to transform the Western UP's landscape for good. Akin to the New Okhla Industrial Development Authority (Noida), the Yogi Adityanath government has instituted the Bundelkhand Industrial Development Authority (BIDA) with its epicentre in Jhansi.

11 dead as building collapses before dawn in Delhi

11 dead as building collapses before dawn in Delhi

Rediff.com19 Apr 2025

A multi-storey residential building collapsed in northeast Delhi's Shakti Vihar area in the early hours of Saturday, leaving 11 people dead and 11 injured, officials said.

K'taka budget: Sidda announces Muslim quota for govt supplies

K'taka budget: Sidda announces Muslim quota for govt supplies

Rediff.com8 Mar 2025

Karnataka Chief Minister Siddaramaiah announced reservation for Muslims in supplying goods and services up to a value of Rs 1 crore to various government departments, corporations and institutions in the state budget for 2025-26. The budget also increased the value limit of government contracts in which Muslims can avail reservation to Rs 2 crore. The reservation to Muslims under 2B category is in addition to the Scheduled Caste, Scheduled Tribe, and Castes coming under Category-1, Category-2A. The budget also included various welfare schemes for minorities, including Rs 50,000 to support simple marriages and Rs 1,000 crore under the Chief Minister's Minority Colony Development Programme.

Relief for Siddaramaiah as HC dismisses plea seeking CBI probe into MUDA case

Relief for Siddaramaiah as HC dismisses plea seeking CBI probe into MUDA case

Rediff.com7 Feb 2025

Siddaramaiah, his wife, brother-in-law B M Mallikarjun Swamy, Devaraju -- from whom Swamy had purchased a land and gifted it to Parvathi -- and others have been named in the FIR registered by the Lokayukta police establishment, located in Mysuru on September 27, following the order of the Special Court that exclusively deals with criminal cases related to former and elected MPs/MLAs.

'State Banks Must Take Affordable Housing Seriously'

'State Banks Must Take Affordable Housing Seriously'

Rediff.com25 Apr 2025

'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'

Buying Under-Construction Property? Read This!

Buying Under-Construction Property? Read This!

Rediff.com11 Mar 2025

The biggest risk in under-construction projects is delay and non-completion.

Despite Covid woes, residential launches back on track

Despite Covid woes, residential launches back on track

Rediff.com18 Aug 2020

Despite a 56 per cent fall in residential launches in the first half of the year compared to the second half of 2019, Anarock Property Consultants believes that consolidation in residential real estate is expected to gain ground, and that branded players may garner a market share of 75-80 per cent.

SC judges make assets public, CJI owns 2015 Maruti Swift

SC judges make assets public, CJI owns 2015 Maruti Swift

Rediff.com6 May 2025

The Supreme Court of India has made public the asset details of its judges, including Chief Justice Sanjiv Khanna who has Rs 55.75 lakh in a fixed deposit, a three-bedroom DDA flat in south Delhi, and a four-bedroom apartment measuring 2,446 square feet in the Commonwealth Games Village. The court has also uploaded the complete process of appointments to the high courts and the Supreme Court on its website for public awareness.

How India intercepted and shot down Pak's drones, UAVs

How India intercepted and shot down Pak's drones, UAVs

Rediff.com10 May 2025

Indian Armed Forces brought down a number of these drones using kinetic and non-kinetic means.

'No one in Dharavi will be left behind'

'No one in Dharavi will be left behind'

Rediff.com25 Mar 2025

The ongoing survey for the Dharavi Redevelopment Project has surpassed the scope of the 2007-08 survey, with over 63,000 tenements already mapped. The survey, which includes ground floor and upper floor structures, aims to provide housing for all residents of Dharavi, including those in existing SRA buildings and on RLDA Land. The project, undertaken by Navbharat Mega Developers Private Limited (NMDPL), aims to construct nearly 1.5 lakh tenements to accommodate the growing population of Dharavi.

Blackout back in many Punjab districts after Pak breaches truce

Blackout back in many Punjab districts after Pak breaches truce

Rediff.com11 May 2025

Blackout measures have been imposed in many districts including Hoshiarpur, Ferozepur, Fazilka, Pathankot, Patiala, Moga, Kapurthala, and Muktsar districts.

CBDT Uncovers Rs 290 Bn Foreign Assets

CBDT Uncovers Rs 290 Bn Foreign Assets

Rediff.com7 Mar 2025

In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India.

MUDA chairman resigns amid probe against Siddaramaiah

MUDA chairman resigns amid probe against Siddaramaiah

Rediff.com16 Oct 2024

Siddaramaiah is facing the Lokayukta and ED probes into alleged irregularities in the allotment of 14 sites to his wife by the MUDA.