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Shah Rukh Khan's daughter Suhana Khan buys farmland in Alibaug for ?9.5 cr

Published on Feb 23, 2024 05:03 PM IST

Suhana Khan has paid a stamp duty of ?57 lakh for the transaction. The size of the parcel located in village Thal in Raigad is 78361 sq ft, documents showed.

Actor Shah Rukh Khan’s daughter Suhana Khan, who made her film debut with The Archies, has purchased farm land in Alibaug, near Mumbai, in Maharashtra for <span class='webrupee'>?</span>9.5 crore,

ASK Property Fund, Trevoc group jointly invest ?200 cr in a Gurugram project

The aggregate revenue potential of the luxury project in Gurugram is about ?800 crore over the next five years, the company said

(File Pic) ASK Property Fund, the real estate private equity arm of Blackstone- backed ASK Asset & Wealth Management Group, will invest <span class='webrupee'>?</span>120 crore in TREVOC’s luxury residential project in Gurugram (Photo by Parveen Kumar/Hindustan Times) (Picture for representational purposes only)
Published on Feb 22, 2024 10:49 PM IST

NBCC to develop 13,250 premium flats in 5 Amrapali projects in Greater Noida

NBCC to generate additional revenue of ?15000 crore from the new flats that it will develop on the 75 acres made available to it following approval of FAR

The government’s construction arm NBCC said on February 22 that it will be developing 13,250 premium apartments in five ongoing projects of Amrapali in Greater Noida.
Published on Feb 22, 2024 09:49 PM IST

Mahindra Lifespaces sells sustainable homes worth ?800 cr in Mumbai

Mahindra Vista located in Mumbai is spread across 7.74 acres. The project comprises 1 BHK to 4 BHK housing units.

Mahindra?Lifespace Developers Ltd has sold inventory in its first net zero waste and energy homes project in Kandivali East, Mumbai, worth <span class='webrupee'>?</span>800 crore. (Picture for representational purposes only)(Pexels)
Published on Feb 22, 2024 08:14 PM IST

Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023

There would also be continued expansion of luxury retail brands across the country, reaching beyond Tier I cities to tap into Tier II locations in 2024

The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment leasing across seven Indian cities in 2023.(Harsimar Pal Singh/HT)
Published on Feb 22, 2024 02:28 PM IST

ED searches premises linked to Hiranandani Group over FEMA violations

In March 2022, the Income Tax department had conducted multi-city searches at the real estate group’s premises on suspicions related to alleged tax evasion

Representational image.
Updated on Feb 22, 2024 09:52 PM IST

Logistics and industrial leasing crosses 50 mn sq ft mark in the last two years

Chennai shows 2.1x growth in overall leasing activity in 2023; Industrial leasing records 23% growth y-o-y; Warehouse leasing registers a dip of 7% y-o-y

Logistics and industrial leasing in India has crossed the 50 m sq ft mark in the last two years on the back of strong economic and industry fundamentals (Picture for representational purposes only) (Pixabay)
Published on Feb 22, 2024 11:23 AM IST

Yashasvi Jaiswal buys dream home in Mumbai for ?5.38 crore

The size of the under construction apartment is 1,100-square-foot and is located in Bandra (East). The property deal was registered in January

Cricketer Yashasvi Jaiswal has purchased an apartment in X (Ten) Bandra Kurla Complex in Mumbai for <span class='webrupee'>?</span>5.38 crore(ANI)
Published on Feb 22, 2024 09:27 AM IST

Revamp gathers pace to create a modern Meharchand Market

A popular hub for local shoppers for decades, the bazaar slowly started transforming into one of the Capital’s upscale markets

MCD’s building department has cleared the new building plans for more than 40 units in the market. (Sanchit Khanna/HT photo)
Updated on Feb 22, 2024 05:32 AM IST

Delhi Metro sets up new command centre

The new OCC, inaugurated by DMRC’s managing director Vikas Kumar, has been designed as a state-of-the-art control and command centre

The new OCC will control the Yellow and Blue Lines and the under-construction Golden Line. (HT Photo)
Updated on Feb 22, 2024 05:28 AM IST

London’s iconic BT Tower in ?275 million sale to hotel owner MCR

The BT Tower, one of London’s most distinctive buildings, is set to become a hotel after BT Group Plc agreed to sell the site to MCR Hotels for ?275 million

FILE PHOTO: A view of BT Group logo displayed on BT tower, in London, Britain, July 21, 2023. REUTERS/Hollie Adams/File Photo(REUTERS)
Published on Feb 21, 2024 09:49 PM IST
Bloomberg |

NBCC gets approval from Greater Noida Authority to develop 5 Amrapali projects

In 2019, NBCC was appointed PMC and Amrapali Stalled Projects Investments Reconstruction Establishment was floated to complete Amrapali's stuck projects

The government’s construction arm NBCC has received approval from Greater Noida Authority to develop unused and purchasable floor area ratio (FAR) in five Amrapali projects worth <span class='webrupee'>?</span>10,000 crore (HT Archive)
Published on Feb 21, 2024 09:14 PM IST

Delhi-NCR real estate deal: DLF flat in Gurgaon sold for ?95 crore

Realty consultants said that the real estate deal in The Camellias by DLF has narrowed the price difference of properties in Delhi and Gurugram

A 10,000 sq ft apartment at The Camellias by DLF in Gurgaon's posh Golf Course Road has sold for <span class='webrupee'>?</span>95 crore
Published on Feb 21, 2024 05:16 PM IST

Bengaluru, Hyderabad account for 60% total Global Capability Centres demand

Global Capability Centres to lease 45-50 msf of Grade A office space by 2025; GCCs steadily adopting flex spaces, with approximately 5-10% of flex seats

Bengaluru, Hyderabad, and Chennai have become key Global Capability Centre hubs, said a Colliers report.(PTI Photo)
Updated on Feb 22, 2024 07:40 AM IST

Walkways and food court at water channels in Delhi’s Dwarka

The two channels had become open sewers and have been cleaned up, with green spaces and “riverfront facilities”

Walkway along a drain inaugurated on Tuesday. (Vipin Kumar/HT Photo)
Updated on Feb 21, 2024 05:38 AM IST

Yeida seeks UP govt nod to give waivers to Jaiprakash Associates Limited

Yeida has decided in its Jan 29 board meeting that it will restore the cancellation of 1,000 hectares of land if JAL starts clearing its dues

JAL has 1,000 hectares in Greater Noida, on which it has developed the Buddh Circuit, among other facilities. (HT Archive)
Updated on Feb 21, 2024 05:10 AM IST
By, Greater Noida

Mrunal Thakur purchases 2 flats in Mumbai from Kangana Ranaut’s family

The jodi flats located in Mumbai's Andheri West area were registered on January 25, 2024, registration documents showed

Actor Mrunal Thakur along with her father have bought two apartments worth <span class='webrupee'>?</span>10 crore from Kangana Ranaut's family in Mumbai’s Andheri West area,
Published on Feb 20, 2024 08:42 PM IST

Smartworks leases 100,000 sq ft in Gurugram

With this deal Smartworks' managed space portfolio in Delhi-NCR crosses 1 mn sq ft

Managed workspace platform, Smartworks, has leased 1 lakh sq ft of space in a Grade A commercial building in Cyber City, Gurugram.
Published on Feb 20, 2024 08:18 PM IST

Raymond Realty launches project in Bandra with ?2,000 cr revenue potential

The housing project by Raymond Realty in Bandra will offer a mix of 2, 3, and 4 BHK apartments

Raymond Realty, the real estate arm of Raymond Group, on February 20 announced the launch of its first project outside Thane in Bandra.
Published on Feb 20, 2024 07:57 PM IST

Hotel industry expected to witness revenue growth of 7-9% in FY2025: ICRA

Mumbai and NCR, being gateway cities, likely to report occupancy north of 75% in FY2024 and FY2025, benefitting from transient passengers, business travelers

The Indian hotel industry is expected to witness a 7-9% revenue growth in FY2025, over the 14-16% growth expected in FY2024, a report by ICRA has said.
Published on Feb 20, 2024 04:13 PM IST

Office fit-out costs across India increase by 4.5% Year-on-Year: JLL

Mumbai, New Delhi lead office fit-out costs in India; Mumbai remains the most expensive city followed by New Delhi; Tokyo claims top spot in Asia Pacific

Mumbai continues to be the most expensive city in India for office fit-outs at an average of <span class='webrupee'>?</span>6,588 per sq ft. (Pratik Chorge/HT Photo)
Published on Feb 20, 2024 03:02 PM IST

Here’s why realtors are making a beeline for redevelopment projects in Mumbai

Mumbai real estate market: Listed realtors are picking up redevelopment projects in Mumbai because they have the financial wherewithal to execute such projects

Mumbai real estate market: Mumbai has of late been witnessing a surge in housing society redevelopment projects with several listed real estate developers picking up old buildings in the land starved city.(HT Photo)
Published on Feb 20, 2024 09:42 AM IST

China cuts mortgage reference rate more than expected to revive property market

The five-year loan prime rate (LPR) was lowered by 25 basis points to 3.95% from 4.20% previously, while the one-year LPR was left unchanged at 3.45%.

China cut the benchmark reference rate for mortgages at a monthly fixing on Tuesday as authorities ramped up efforts to stimulate credit demand and revive the property market.(Pixabay)
Published on Feb 20, 2024 09:10 AM IST
Reuters |

GB Nagar gets lion’s share of ?1 lakh crore projects rolled out in Lucknow

Of the total ?1,80,000 crore worth of projects the district got, Noida authority’s share is ?75,000 crore and Greater Noida authority’s share is ?60,000 crore

Prime Minister Narendra Modi and chief minister Yogi Adityanath view a model of the Film City project in Greater Noida after groundbreaking ceremony 4.O in Lucknow on Monday. (Deepak Gupta/HT Photo)
Updated on Feb 20, 2024 06:58 AM IST
By, Noida

Outline plan to complete 3 pending projects: HRERA to OSB developers

The bench on February 19 also directed that the promoter of the group — Swaraj Singh Yadav — should be present in court during the next hearing

The developer said that they were committed to completing the projects and delivering them to buyers. (HT Archive)
Updated on Feb 20, 2024 06:26 AM IST

Delhi govt to sign MoU with Centre to expedite work on Metro Phase-4

Delhi govt to sign MoU with Centre & DMRC to expedite Phase-4 Metro corridor construction, adding 47.25 kms to network. Obstacles to be removed.

The-stranded-metro-trains-on-the-Noida-City-Center-to-Dwarka-route-in-the-Metro-Train-near-Yamuna-Bank-in-New-Delhi-HT-Photo-by-SUSHIL-KUMAR
Updated on Feb 20, 2024 05:40 AM IST

Arvind SmartSpaces sells 220 residential plots in Bengaluru for over ?160 cr

The project is an orchard-themed plotted development located in Doddballapur Road, Devenahalli. This is Arvind SmartSpaces' second plotted township in Bengaluru

Arvind SmartSpaces Limited (ASL) has sold more than 220 housing units valued at over <span class='webrupee'>?</span>160 crore in its residential plotted development project in Bengaluru. (Picture for representational purpose only)(Pixabay)
Updated on Feb 20, 2024 08:39 AM IST

Commercial real estate market woes mount as assets get ‘stranded’ by CO2 rules

As if the commercial real estate market weren’t in enough trouble already, there’s a new risk lurking in property portfolios.

Real estate companies are facing a major blow to asset valuations, as evolving European requirements drive investors and bankers to cut their exposure to buildings with a big carbon footprint. (Picture for representational purposes only)(Pixabay)
Published on Feb 19, 2024 02:16 PM IST
Bloomberg |

Omaxe to develop 2 bus terminal projects in Lucknow and Ayodhya Dham

The two bus terminals in Lucknow and Ayodhya Dham will be developed under the Design, Build, Finance, Operate and Transfer (DBFOT) model on PPP basis

Omaxe Ltd has emerged as the successful bidder for two bus terminal projects by the Uttar Pradesh State Road Transport Corporation and will be developing the projects in Amausi in Lucknow and Ayodhya Dham.(file) (Picture for representational purposes only)
Published on Feb 19, 2024 12:29 PM IST

Noida CEO to penalise state construction agency

Noida Authority to penalize UPSBCL for slow progress on Bhangel Elevated Road construction, citing delays and deficiencies

The Noida Authority has also decided to write to the state government about the negligence and deficiencies in construction work of the 5.5-km Bhangel Elevated Road (Sunil Ghosh/HT Photo)
Updated on Feb 19, 2024 06:10 AM IST
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