Real Estate News

Bengaluru tops commercial office destination list in first half of FY2023; Pune follows

Bengaluru tops commercial office destination list in first half of FY2023; Pune follows

According to a report by ANAROCK, Bengaluru was far ahead of Pune in office activity with approx 6.1 mn sq. ft. of new office completions and approx 6.08 mn sq. ft. office absorption in H1 FY23.

Dec 02, 2022, 19:59 PM IST
Golden opportunity to buy property at great prices! PNB Mega e-auction for properties begins today--Check docs, property details

Golden opportunity to buy property at great prices! PNB Mega e-auction for properties begins today--Check docs, property details

Punjab National Bank had also informed via a tweet that the bank is going to auction different types of property. According to the PNB tweet,  the properties offered by PNB e-auction includes

Nov 29, 2022, 08:40 AM IST
PNB Mega e-auction for properties begin tomorrow, November 29--Check docs, property details

PNB Mega e-auction for properties begin tomorrow, November 29--Check docs, property details

Punjab National Bank had also informed via a tweet that the bank is going to auction different types of property. According to the PNB tweet,  the properties offered by PNB e-auction includes

Nov 28, 2022, 09:56 AM IST
Asia Pacific real estate markets perform well despite difficult macroeconomic conditions including inflation, high-interest rates

Asia Pacific real estate markets perform well despite difficult macroeconomic conditions including inflation, high-interest rates

Rising absorption rates in the residential, office and logistics segments underlined the buoyancy in India’s real estate market.

Nov 21, 2022, 14:06 PM IST
Top 8 cities witness 240 percent increase in land deals; accounts for 1,656 acres between January-September

Top 8 cities witness 240 percent increase in land deals; accounts for 1,656 acres between January-September

Of the 68 land deals closed in 2022 (Jan-Sept.), nearly 40 deals consisting of 590+ acres are proposed for residential development.

Nov 21, 2022, 13:04 PM IST
BIZARRE: A house up for sale for Rs 1.6 crore has shower cubicle in the middle of bedroom --Check pic

BIZARRE: A house up for sale for Rs 1.6 crore has shower cubicle in the middle of bedroom --Check pic

Glover was perplexed by the odd design and questioned, "Why have an en-suite when you can take a shower in the middle of your bedroom?"

Nov 16, 2022, 16:37 PM IST
Home Loan interest rate hike impact? Housing sales decline 2 percent in third quarter: Report

Home Loan interest rate hike impact? Housing sales decline 2 percent in third quarter: Report

Nearly 15,000 housing units were sold in the third quarter of 2022 in NCR, accounting for 17% of overall residential sales in the top 7 cities.

Nov 15, 2022, 13:47 PM IST
Should you invest in property at time of high inflation? Check what experts say

Should you invest in property at time of high inflation? Check what experts say

Industry experts also said that land has demonstrated to be a steady investment during inflation.

Nov 01, 2022, 15:16 PM IST
UP RERA registers record 36 projects in September with estimated value of Rs 3600 crore

UP RERA registers record 36 projects in September with estimated value of Rs 3600 crore

The new projects include 32 residential and 4 commercial projects and the estimated value of these projects is worth Rs 3648.35 crore.

Oct 14, 2022, 15:27 PM IST
Buying a home with land rights? Stay safe from fraud; Things to keep in mind while investing in plots

Buying a home with land rights? Stay safe from fraud; Things to keep in mind while investing in plots

While there is no scope of expansion of a flat, homes with land rights can be expanded vertically up to three to four floors, thus providing ample space for all family members.

Oct 10, 2022, 14:48 PM IST
Net office space leasing jumps 2-fold in Jan-Sep 30.26 million sq ft in 7 cities; unlikely to cross 2019 level this yr

Net office space leasing jumps 2-fold in Jan-Sep 30.26 million sq ft in 7 cities; unlikely to cross 2019 level this yr

As per the JLL India data, the net leasing of office space in Bengaluru rose 45 per cent in January-September to 7.84 million square feet from 5.41 million square feet in the year-ago period.

Oct 07, 2022, 14:23 PM IST
Office leasing up 97% in Jan-Sep in 6 cities; may hit record in 2022: Colliers

Office leasing up 97% in Jan-Sep in 6 cities; may hit record in 2022: Colliers

The previous high was seen in 2019 at 44.8 million square feet.

Oct 01, 2022, 12:26 PM IST
Searches of housing properties on its portal up 7 per cent in September: Magicbricks

Searches of housing properties on its portal up 7 per cent in September: Magicbricks

The average asking price increased 2 per cent compared with the June quarter, but searches and listings fell 2.9 per cent and 3.3 per cent, respectively.

Sep 30, 2022, 19:51 PM IST
RBI raises repo rate by 50 bps to 5.9%: Buying home set to get costlier, say experts

RBI raises repo rate by 50 bps to 5.9%: Buying home set to get costlier, say experts

The latest repo rate hike by the RBI has come in a bid to curb inflation. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close

Sep 30, 2022, 14:05 PM IST
SBI drags Jaiprakash Associates to NCLT; files insolvency plea claiming default of Rs 6,893.15 crore

SBI drags Jaiprakash Associates to NCLT; files insolvency plea claiming default of Rs 6,893.15 crore

SBI has also proposed the name of Bhuvan Madan as interim resolution professional of the company.

Sep 30, 2022, 13:44 PM IST
Real estate sector well-placed to absorb RBI's another rate hike, says Anarock

Real estate sector well-placed to absorb RBI's another rate hike, says Anarock

It is widely expected the RBI may hike rates by 50 basis points in the monetary policy review meeting during September 28-30, while Puri argues hike of such magnitude would not seriously hamper

Sep 27, 2022, 13:22 PM IST
UP RERA imposes penalty of over Rs 1.39 crore on 13 developers for non-compliance

UP RERA imposes penalty of over Rs 1.39 crore on 13 developers for non-compliance

Uttar Pradesh RERA is continuously taking strict decisions against the insensitive promoters for the protection of the interests of the home buyers and is fully committed to protecting the interests

Sep 23, 2022, 15:53 PM IST
House rent up by 18% across top luxury markets; Worli records highest rental growth

House rent up by 18% across top luxury markets; Worli records highest rental growth

 Average monthly rentals in the prominent luxury micro-markets across the top 7 cities increased between 8-18% in the last two years.

Sep 21, 2022, 15:04 PM IST
NCLT admits homebuyers insolvency petition against Ajnara; builder to appeal in NCLAT

NCLT admits homebuyers insolvency petition against Ajnara; builder to appeal in NCLAT

A total of 113 homebuyers who had invested in Ajnara Ambrosia moved to the NCLT in January 2021 and their petition has now been admitted successfully.

Sep 21, 2022, 10:48 AM IST
2BHK, 3BHK or plots? Homebuyers searched most for these types of homes in Q2 of 2022

2BHK, 3BHK or plots? Homebuyers searched most for these types of homes in Q2 of 2022

The housing sector continued its growth momentum in Q2 2022 and even outshined the Q1 demand. 

Sep 19, 2022, 12:15 PM IST