MUMBAI: Joint chief executive officer of MHADA Vandana Suryavanshi is facing a departmental inquiry in a faulty adjudication case that caused a loss of ₹49.31 crore in stamp duty to…
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Bengaluru tenant says landlord deducted just ₹5,000 for cleaning, calls smooth security deposit refund ‘rare these days’
At a time when Bengaluru’s rental market is witnessing growing friction between landlords and tenants over steep rent hikes, delayed security deposit refunds, maintenance charges and restrictions on bachelor tenants,…
Wipro founder Azim Premji’s son Tariq buys a luxury penthouse in Bengaluru for 45.7 crore
Wipro founder Azim Premji’s son, Tariq Premji, has bought a luxury duplex penthouse in Bengaluru for ₹45.71 crore, marking one of the largest residential deals in the tech capital this…
Telangana real estate appellate tribunal says builders cannot alter sale agreements after obtaining project registration
The Telangana Real Estate Appellate Tribunal (TREAT) has ruled that developers cannot alter key terms in sale agreements after obtaining project registration under Telangana RERA. The tribunal upheld a penalty…
Mumbai redevelopment comes with ‘plenty of risks’ but looks ‘very attractive’, says Boman Irani of Rustomjee Group
Mumbai redevelopment comes with ‘plenty of risks’, but everybody is jumping on the bandwagon because it looks ‘very attractive’, with redevelopment opportunities worth nearly ₹1.30 lakh crore expected to emerge…
Haryana may revoke OCs over non-functional rainwater harvesting systems
The Haryana government has amended the Haryana Building Code 2017 to empower authorities to conduct periodic inspections of rainwater harvesting (RWH) systems installed in individual houses, plotted colonies and condominiums,…
Bengaluru tech couple’s post on being ‘very anxious’ over huge home loan amid IT layoffs sparks property buying debate
A Reddit post by a Bengaluru-based tech couple with over a decade of experience triggered a debate over buying property amid ongoing layoffs in the IT sector. Although the couple…
Karyan Group to develop luxury homes in Ghaziabad, homes priced between ₹2-6 cr
Real estate developer Karyan Group plans to invest around ₹900 crore to develop a luxury residential project on the NH-24 corridor in Ghaziabad priced between ₹2-6 crore, the company said…
Omaxe Group raises ₹75 crore from WSB Partners for developing plots in Indore and Ujjain
Delhi-based real estate developer Omaxe Group has raised ₹75 crore from WSB Partners to fund residential plotted developments in Indore and Ujjain. Delhi-based real estate developer Omaxe Limited has secured…
Sonu Nigam sells 1.067 hectares of land for ₹95 lakh in Mumbai 3.0’s Karjat
Playback singer Sonu Nigam has sold 1.067 hectares of land in Karjat (part of Mumbai 3.0), for a total consideration of ₹95 lakh, according to property registration documents accessed by…