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Industry News

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Industry News

  • Hindustan Times-Festive season 2024: Property registrations in Mumbai up by 13%, stamp duty revenue increases by 15%

    The Mumbai real estate market reported a 13% increase in property registrations during Navratri 2024. Property registrations during the nine-day festive period increased to 5,199 from 4,594 in Navratri 2023, according to property registrations data by the Inspector General of Registration and Controller of Stamps of Maharashtra.

     

  • Moneycontrol.com-May consider launching REIT in 6-12 months, data centre business growing very fast: Niranjan Hiranandani

    Niranjan Hiranandani, co-founder and managing director (MD) of the eponymous Hiranandani Group, is considering the launch of an office real estate investment trust (REIT).

     

  • Housing.com-Home buying in Tier 1 vs Tier 2 vs Tier 3 cities: Which is better?

    Location is one of the important considerations when buying a property. It is a crucial factor that determines the value of a property. A good location is characterised by the availability of social infrastructural facilities like top-rated schools, reputed hospitals, etc., connectivity to arterial roads and transport links, upcoming infrastructural developments and proximity to commercial hubs. Thus, real estate in such locations sees growth potential, resulting in high property prices.

     

  • propnewstime.com-Sheth Realty launches Codename Younique in Sion, garnering INR 200 crore in 45 days

    Sheth Realty has made a notable entry into the redevelopment sector with their latest project, Codename Younique, situated in the Sion suburb. The project has garnered impressive sales of over INR 200 crore within just 45 days of its launch, reflecting its strong appeal in the premium residential market. This venture is significant for Sheth Realty, as it marks the company's first foray into redevelopment, highlighting its strategic expansion into new areas of urban development.

     

  • indiatoday.in-Delhi's housing body issues guidelines on power connections in land pooling areas

    The Delhi Development Authority (DDA) has released crucial clarifications regarding the Land Pooling Policy, affecting urbanisable areas as designated in the Master Plan for Delhi-2021. The policy modifications specifically address the provision of new electricity connections in land pooling regions.

     

    As per the new guidelines, such connections will only be sanctioned if they conform to the Land Pooling Regulations of 2018 and the directives of the Master Plan.

  • news24online.com-Ghaziabad Housing Scheme 2024: Application Process, Auction Dates And All You Need To Know

    Ghaziabad Development Authority has launched the Ghaziabad Housing Scheme 2024 to provide quality housing facilities to every resident of the city. Through the official website, residents can explore properties, schedule appointments, and register to avail the benefits of the scheme.

     

    About Ghaziabad Development Authority (GDA)

  • boroktimes.com-Real Estate Development in Dholera Smart City

    Dholera Smart City, located in Gujarat’s Ahmedabad district near the Gulf of Khambhat, is one of India’s most ambitious urban development projects. Envisioned as a major hub for innovation, manufacturing, and trading, the Dholera Special Investment Region (SIR) is being developed as a Greenfield Smart City, complete with state-of-the-art infrastructure and strategic advantages that position it to become a key player in the country’s economic future. Spread across approximately 872 sq. km, with around 500 sq.

  • constructionweekonline.in-North Bengaluru’s rising realty hotspots – Doddaballapur

    Bengaluru’s dynamic growth, driven by its robust infrastructure, pleasant weather, and thriving cosmopolitan lifestyle, has made it a prime destination for investors and homebuyers alike. With its booming IT industry, the city continues to attract people from across the country, contributing to the expansion of its real estate market. However, as Bengaluru’s central areas become increasingly saturated, homebuyers are seeking new opportunities in the city’s emerging peripheral regions.

     

  • Financial Express-Suburban real estate booms as major city prices hit record highs

    A notable trend has emerged, indicating a movement towards suburban and peripheral regions as property values in major urban centers escalate. In Delhi, where the average residential price has soared to Rs 18,012 per square foot, there is a marked increase in search activity in areas such as Dwarka and Rohini.

  • privatebankerinternational.com-Unlocking wealth: women and real estate debt opportunities

    The landscape of wealth in the UK is evolving rapidly, with women playing an increasingly prominent role. Belinda Inocco writes

     

    Women now comprise about 46% of Britain’s millionaires, growing by 11% annually, according to Reuters. With 25 female billionaires in the UK and more women advancing into senior roles, their financial influence is rising. However, despite this increasing clout, investment in real estate debt remains an underexplored avenue for many women.