The Maharashtra Real Estate Regulatory Authority (MahaRERA) directed a real estate agent to pay 1% of the brokerage he received from a developer to a homebuyer who purchased a flat…
Category: Others
Bengaluru landlord deducts ₹60,000 for repainting: Are tenants bound to pay a month’s rent on moving out?
A Bengaluru tenant has questioned on Reddit whether a landlord can deduct an entire month’s rent, ₹60,000, from the security deposit towards repainting and maintenance after the tenancy has ended.…
From Lutyens’ Delhi to Malabar Hill, why heritage bungalows remain the crown jewels of real estate
From Lutyens’ Delhi to Mumbai’s Malabar Hill and South Mumbai, marquee bungalows have evolved into some of India’s most coveted ultra-luxury residential assets. Nearly eight decades after Independence, these homes…
Haryana RERA sounds alarm, urges homebuyers to steer clear of unregistered real estate projects
To protect homebuyers, the Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has issued a public advisory cautioning buyers against purchasing or booking plots, flats, villas, apartments or other units in…
Trump enters Hyderabad: Tribeca, Ira Realty to invest ₹2,000 cr in 65-storey Vaastu-compliant branded housing project
Mumbai-based Tribeca Developers and Hyderabad-based Ira Realty are set to develop a Vaastu-compliant Trump-branded luxury housing project in Hyderabad, marking the Trump brand’s first entry into South India. Located on…
Bengaluru tenant says ‘no major issues’ with landlord during stay, but ‘real problem’ began after vacating apartment
A Bengaluru tenant who rented an apartment with a roommate says what began as a smooth rental experience turned stressful after they vacated the property, with repeated delays in settling…
China races to solve $148 billion property threat as leases end
(Bloomberg) — China is tackling a problem that has plagued its real estate sector for years: a ticking time bomb of expiring leases that has scuttled deals and left investors…
DMart says land acquisition remains a challenge, keeps leasing option open, flags NCR
DMart, retail operator Avenue Supermarts Ltd, said that acquiring land and developing properties remain a challenge as it expands its store network. The company has kept the leasing option open…
Haryana RERA gives four-month extension to real estate projects amid West Asia crisis, developers welcome move
The Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has granted a four-month extension to the completion timelines of eligible real estate projects registered with the authority, citing the prevailing situation…
Julius Baer expands presence in Mumbai with ₹102.6 crore lease in Andheri East
Swiss private banking firm Julius Baer Global Enterprise Services (India) Pvt Ltd leased office space in Mumbai’s Andheri East for ₹102.6 crore, according to property registration documents accessed by Propstack.…