The owner and manager of Rituraj Hotel in Kolkata have been arrested following a devastating fire that killed 14 people. West Bengal Chief Minister Mamata Banerjee has ordered surprise checks of all establishments in the city to ensure fire safety compliance, after the tragedy highlighted serious violations at the hotel. The hotel has been sealed and special committees will be formed to monitor and identify establishments flouting fire safety norms.
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).
In a circular issued on Friday, Additional Chief Secretary (Housing Department) Sanjay Kumar also asked landlords not to drive tenants out of their homes if they fail to pay rents during the current period.
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
'Investors with a long-term investment horizon and the risk appetite for fluctuations in property values may find SM Reits a viable option.'
India's office market was very active in 2024 with gross leasing of workspace witnessing a 19 per cent increase to a record 885.2 lakh square feet across eight major cities, according to Cushman & Wakefield. The gross leasing or absorption of office space stood at 745.6 lakh square feet in the preceding year, data from real estate consultant Cushman & Wakefield (C&W) showed.
'It could take the form of sporadic LoC violation through heavy artillery and mortar fire, focusing on border villages where the Hindu Dogra population is predominant.'
India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.
The manifesto outlines 15 guarantees, with Kejriwal promising "robust" job creation for Delhi residents as his first guarantee.
'I am determined now to celebrate all festivals together.' 'People don't respond much when you try to convince them by talking about principles of secularism etc. But if we revive our shared cultural practices, specially food, we may get a better response.'
Tenants insurance offers a person living in a rented house cover against losses arising from theft, fire and natural calamities, among other things.
As Delhi voters cast their ballots for the assembly polls on Wednesday, allegations of fake voting emerged in some parts of the national capital, including Seelampur and Kasturba Nagar.
rediffGURU T S Khurana answers readers' personal income tax queries.
The party had won 67 seats in the 2025 assembly polls and 62 in the 2020 elections.
The fate of properties worth Rs 15,000 crore inherited by actor Saif Ali Khan and his family from Bhopal's erstwhile rulers hangs in the balance due to uncertainty over filing an appeal against an order of the Office of the Custodian of Enemy Property. If an appeal is not filed by the Bhopal Nawab's successors, the properties could fall under the Centre's control, lawyers have said. The matter stems from a 2015 ruling that declared the Bhopal Nawab's property "Enemy Property" due to the eldest daughter, Abida Sultan Begum, migrating to Pakistan after the Partition. However, a 1962 order recognized Sajida Sultan Begum, the second daughter, as the sole successor to the properties after the death of Nawab Hamidullah Khan. The dispute is currently with the Mumbai-based Office of the Custodian of Enemy Property, following a Madhya Pradesh High Court order that directed the filing of a representation within 30 days. The high court's order also raised the issue of limitation as the appeal was filed after a significant period. The properties include Noor-Us-Sabah Palace, Dar-Us-Salam, Bungalow of Habibi, Ahmedabad Palace and Flag Staff House. The Enemy Property Act was passed in 1968 to regulate properties left behind in India by those who emigrated to Pakistan.
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
The parliamentary committee scrutinising the Waqf bill is set to propose that existing 'Waqf by user' properties will remain so if not in dispute or are government facilities but they must be registered before the new law takes effect, providing little relief to Waqf bodies in their unverified title claims.
Experts say you should be certain of living in a city and locality for a long time before purchasing a home.
According to the peculiar facts of the case, the six policemen of Jalgaon called three tenants including Vijaykumar Vishwanath Dhawale and Vinod Dodhu Chaudhary to a police station on March 9, 2022 and kept them under detention for 24 hours.
'The ruling does not automatically mean that your house can be taken away, but suppose it blocks an expressway or a highway or such essential development, then it can be taken away as long as there is a law to support that action.'
This is the magic of Sircar's filmmaking -- National Award winners, many of them -- that makes every new work of his an eagerly-awaited affair.
While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.
Leader of Canada's New Democratic Party (NDP) Jagmeet Singh has announced that he is withdrawing support to Prime Minister Justin Trudeau's government.
rediffGURU Dr Ashish Sehgal counsels individuals on how to resolve conflicts and prioritise mental wellbeing.
They stated that when a soldier fights for the nation, he does so not as a Hindu, Muslim, or any other religion, but as a patriot.
In a viral video of the court proceedings, the judge was seen reprimanding a woman lawyer on Thursday and reportedly made some objectionable comments.
When you are under social, peer, parental, sibling, marital pressure to buy a house direct them to this article, says P V Subramanyam
In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.
Whenever tenures of army chiefs were extended in the recent past, prime ministers were subsequently eased out of office by the same army chief, notes Rana Banerji, who headed the Pakistan desk at RA&W.
If a show about Gujaratis or Indians in the US had to be made, it could have been more authentic, sighs Deepa Gahlot.
The civic body plans to build a national memorial dedicated to the social reformer couple at the site, officials said. However, local people and traders had refused to vacate the place and moved court.
The Apprentice is a keenly observed and entertaining biopic about the making of a man who is mostly responsible for all that has gone wrong with current American politics, observes Aseem Chhabra.
Just ten days after shifting in, a transgender has been asked to move out of her flat in suburban Jogeshwari at the behest of its owner who did not want a "gay" tenant.
'He has remained the leader of our course all through 40 years, not allowing his energy and enthusiasm to fade. And through all his achievements, he has remained grounded.' Air Commodore Nitin Sathe (retd) salutes his NDA coursemate Amar Preet Singh as he takes over as Chief of the Air Staff.
The apex court said a tenant or an occupier of a premises does not have any right to move the government for initiating proceedings under the Public Premises (Eviction of Unauthorised Occupants) Act 1971. Interpreting section 7 of the Act, the apex court said the power to move the Estate Officer for evicting an occupier or a tenant can be exercised only by the landlord/owner.
When it gets to its silly climax where the dots are finally joined, you can't help but see how cheap these thrills are, sighs Mayur Sanap.
While the north district will get 346 Closed Circuit Television cameras, the central district will be allotted 354 cameras, officials said.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
Ahead of the mammoth Narendra Modi rally in Bangalore on Sunday, the city police have launched a controversial tenant verification drive of Muslims. This apparently is being done by the Bangalore police as they claim there is intelligence input suggesting that a few persons have already entered the city with an intention of disrupting the rally of Bharatiya Janata Party's prime ministerial candidate.
Don't download a rent agreement from the Internet or sign blindly on one prepared by the broker.
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