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Housing sales dip by 9%; Hyderabad sees maximum decline: PropEquity

Updated on Jan 22, 2025 04:38 PM IST

Housing sales fall below 5 lakh units to 4.70 lakh units in 2024. Only Delhi-NCR and Navi Mumbai witness an increase in sales

Housing sales in the top nine cities declined by 9% to almost 4.7 lakh units, a report by Propequity showed. (Picture for representational purposes only)(Pixabay)

Inside Saif Ali Khan’s luxurious ?800 crore Pataudi Palace in Gurgaon: See pics

Explore the grandeur of Saif Ali Khan's ?800 crore Pataudi Palace, a blend of royal heritage, luxurious interiors, and historical significance in Haryana.

The Pataudi Palace, a historic royal residence, is home to Saif Ali Khan and Kareena Kapoor Khan. (Instagram)
Published on Jan 22, 2025 02:14 PM IST

Lodha versus Lodha: A ?5000-crore legal battle and what’s at stake

Abhishek Lodha-led real estate firm Macrotech Developers has approached the Bombay HC to restrain Abhinandan Lodha from using the brand name ‘Lodha’ in any form

Abhishek Lodha and Abhinandan Lodha, the two real estate developers, are fighting a legal battle over the family brand name. (Picture for representational purposes only)(Mehul R Thakkar/HT)
Updated on Jan 22, 2025 02:10 PM IST

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising

Demand for villas has increased in Bengaluru, with several developers launching affordable projects in outskirts of Whitefield in the ?2-5 crore price range

Bengaluru real estate market has seen several launches of villa projects in the outskirts of Whitefield in the <span class='webrupee'>?</span>2-5 crore price range. (Representational Image)(Unsplash)
Updated on Jan 22, 2025 10:01 AM IST
BySouptik Datta

Bengaluru water supply building turned into real estate office: Report

The building, constructed by the BBMP in 2002 for housing water pumps and serving the water tank on the ground floor, features two rooms above the tank.

A BWSSB official confirmed receipt of the complaint but stated that when they visited the site, the rooms were found locked.
Updated on Jan 22, 2025 09:47 AM IST

Barron Trump set to launch luxury real estate venture with 2 business partners

Barron Trump's high school classmate reportedly confirmed that they were “working out logistics" and might launch in spring 2025.

Barron Trump set to launch luxury real estate venture with 2 business partners (AP/PTI) (AP01_21_2025_000054B)(AP)
Published on Jan 22, 2025 09:44 AM IST
BySumanti Sen

Mumbai High Court to hear Lodha versus Lodha suit on Jan 27

The case pertains to the use of the Lodha brand. Macrotech had approached the Bombay HC to restrain HoABL from using the brand name ‘Lodha’ in any form.

The Bombay High Court said on January 21 that it would hear Macrotech Developers Ltd led by Abhishek Lodha’s plea seeking to restrain younger brother Abhinandan Lodha from using the trademark 'Lodha' on January 27. (FOR REPRESENTATIONAL PURPOSES ONLY)(HT_PRINT)
Published on Jan 21, 2025 11:23 PM IST

Trump Towers in India: All that you need to know about their location and price

With six more Trump Tower launches planned in Pune, Gurugram, Noida, Mumbai, Hyderabad and Bengaluru, India will have the highest number of Trump Towers

There are currently four Trump Tower properties in Mumbai, Pune, Gurugram, and Kolkata. With more launches expected in the coming months, India will have the highest number of Trump Towers, surpassing the United States. (Picture for representational purposes only)(Panchshil Realty website)
Updated on Jan 21, 2025 09:54 PM IST

Danube Properties aims to sell $3 bn worth homes in Dubai this year

Danube Properties On January 21 opened its office at Gurugram to market properties in India. The new office, was launched by Bollywood actor Malaika Arora.

Dubai-based Danube Properties on January 21 said it expects to sell homes worth over $3 billion during this year, of which around 25 per cent will be contributed by Indian customers. (Representational photo)(Pixabay)
Published on Jan 21, 2025 07:01 PM IST
PTI |

Here’s why US-based NRIs prefer to invest in North Bengaluru

Most US-based NRIs prefer to invest in gated housing complexes in Bengaluru. Almost 20% to 25% prefer to buy luxury villas, say real estate experts

Of all the NRI transactions in Bengaluru’s real estate market, US-based NRIs comprise a major share, real estate experts point out. A strong dollar increases their purchasing power back home. (Representational Photo)(Unsplash)
Published on Jan 21, 2025 06:38 PM IST
BySouptik Datta

Property registrations in Pune real estate market increase by 25% in 2024

Pune real estate market's share of apartments larger than 800 sq ft increased from 28% in December 2023 to 30% in December 2024

Pune's real estate market reported a 25% spike in the total number of property registrations throughout 2024, with 190,025 property registrations compared to 152,323, and a 33% revenue increase to <span class='webrupee'>?</span>7,098 crore from <span class='webrupee'>?</span>5,352 crores. (Picture for representational purposes only)(Mehul R Thakkar/HT)
Updated on Jan 21, 2025 06:09 PM IST

Will Trump's move to end birthright citizenship impact Indian property market?

A few experts say the order signed by US president Donald Trump may encourage some Indians to return and invest in real estate back home

A few experts say the birthright citizenship order signed by US president Donald Trump may encourage some Indians to return to India and invest in real estate back home. (Representational photo) (AP Photo/Evan Vucci)(AP)
Published on Jan 21, 2025 04:08 PM IST

Will homebuyers in Maharashtra pay more if govt increases ready reckoner rates?

The Maharashtra govt is considering increasing ready reckoner rates in 2025-2026. It had increased the same, except in Mumbai, by 8.8%, in April 2022

Mumbai real estate update: With the Maharashtra government considering an increase of almost 10% in the ready reckoned (RR) rates to boost revenue to around <span class='webrupee'>?</span>70,000 crore, the move is likely to impact homebuyers in Mumbai and across the state. (Picture for representational purposes only)(Mehul R Thakkar/HT)
Published on Jan 21, 2025 10:41 AM IST
ByMehul R Thakkar

Lodha vs Lodha: Macrotech’s Abhishek Lodha takes brother’s company to court

Abhishek Lodha-promoted Macrotech Developers Ltd has filed a case against HoABL, alleging the use of similar brand 'Lodha' to market its properties.

Abhishek Lodha-promoted Macrotech Developers Ltd has filed a case against HoABL, alleging the use of similar brand 'Lodha' to market its properties.. (FOR REPRESENTATION)(HT_PRINT)
Published on Jan 21, 2025 08:55 AM IST

Mumbai Metro Rail considers RBI’s request for land at Mumbai’s Nariman Point

The MMRC had floated a global tender in October 2024 for leasing the South Mumbai plot at a reserve price of around ?5,173 crore

Mumbai real estate: Mumbai Metro Rail Corporation (MMRC), which is constructing the Colaba-Aarey Colony Metro-3 underground corridor in Mumbai, on January 20 said it had received a formal request from the Reserve Bank of India for land at Nariman Point, Mumbai, for its offices and that its board has approved to consider the proposal ‘appropriately’ (Picture for representational purposes only)((Photo by Raju Shinde/HT Photo))
Updated on Jan 20, 2025 11:06 PM IST

Apple India sets a benchmark with record rental deal in Mumbai's BKC

Apple India Private Limited has leased commercial space in a building named Maker Maxity-5 in Mumbai’s Bandra Kurla Complex for five years

Mumbai real estate: In the highest ever commercial lease rentals in the country, Apple India Pvt Ltd has taken on rent 6,526 sq ft of space in Bandra Kurla Complex (BKC) in Mumbai at a monthly rental of <span class='webrupee'>?</span>738 per sq ft. (Picture for representational purposes only)(Dhiraj Singh/Bloomberg)
Updated on Jan 20, 2025 06:55 PM IST

City of London’s tallest tower fully leased with Riverstone deal

The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed.

City of London’s tallest tower fully leased with riverstone deal. (Picture for representational purposes only)(Unsplash)
Updated on Jan 20, 2025 05:08 PM IST
Bloomberg |

Davos 2025: A 3BHK house listed on Airbnb attracts rent of ?19 lakh a night

A 3BHK penthouse listed on Airbnb for stays in Davos during WEF attracts a rent of ?19 lakh a night, and a 2-guest camper van ?1.16 lakh a night 

The Davos Congress Center, center, where the World Economic Forum will take place is covered in snow in Davos, Switzerland(AP)
Updated on Jan 20, 2025 04:06 PM IST

Budget 2025: This is what homebuyers look forward to from the finance minister

Homebuyers want Budget 2025 to provide tax sops to buyers whose homes have been delayed. They hope the government will allocate more money for the SWAMIH fund 

Homebuyers want Budget 2025 to provide tax sops to buyers whose homes have been delayed. They hope the government will allocate more money for the SWAMIH fund (Pixabay)
Published on Jan 20, 2025 03:03 PM IST

Dharavi redevelopment: Construction work on a 6.4-acre land parcel to commence

Chief Executive Officer (CEO) of the Dharavi Redevelopment Project has said that the commencement certificate has been granted for the railway land portion

Construction work on the Dharavi Redevelopment Project is expected to start in the coming days, with DRP finally receiving the commencement certificate (CC) for the 6.4-acre railway land ( REUTERS/Niharika Kulkarni/File Photo)
Updated on Jan 20, 2025 02:27 PM IST

Amitabh Bachchan sells duplex in Mumbai for ?83 crore

Amitabh Bachchan purchased the 5,185 sq ft apartment in Mumbai's Andheri for ?31 crore in April 2021

Mumbai real estate: Amitabh Bachchan has sold his duplex apartment in Andheri area for <span class='webrupee'>?</span>83 crore.(PTI)
Updated on Jan 20, 2025 01:49 PM IST

Karnataka buyers await ?667 crore refund from developers for delayed projects

KRERA has said that it could only recover around ?92 crore out of the total of ?667 crore that real estate developers owe buyers across almost 1400 cases

Karnataka real estate developers owe homebuyers around <span class='webrupee'>?</span>667 crore as refund for delays in delivery of apartments as of December 31, 2024, a Karnataka Real Estate Regulatory Authority (KRERA) document accessed by HT.com shows. (Representational Photo)(File Photo)
Published on Jan 20, 2025 08:55 AM IST
BySouptik Datta

UK House Prices Start the Year With Biggest Rise in 20 Months

Asking prices for UK homes jumped by the most in over one-and-a-half years at the start of 2025, a sign of resilient confidence in the property market

Asking prices for UK homes jumped by the most in over one-and-a-half years at the start of 2025, a sign of resilient confidence in the property market. (Representational photo)(Pixabay)
Published on Jan 20, 2025 07:54 AM IST
Bloomberg |

Kala Ghoda: Recreating a slice of Paris in Mumbai

Revamped VB Gandhi Road and Rutherfield Lane will be open by January 25, in time for the Arts Festival

Finishing touches being given to VB Gandhi Road in Kala Ghoda, as part of a revamp of the arts precinct’s streets.? (Bhushan Koyande)
Updated on Jan 20, 2025 09:15 AM IST

Transit-oriented development still on paper

TOD works by integrating land-use and transport planning by allowing mixed-use neighbourhoods with active frontages centered around public transport nodes

The India Infrastructure Report 2023 noted that some projects taken up under the Smart Cities Mission were not adequate to house people. A TOD section in Kochi (above), Kerala. (Shutterstock)
Updated on Jan 20, 2025 06:00 AM IST

Sales of luxury properties in the price range of ?3 to 5 crore surge by 86%

Sales of apartments costing ?1 crore and above recorded around 30% Y-o-Y growth in 2024. Bengaluru, Mumbai, and Pune contributed to around 62% share of sales

Sales of luxury homes in the price range of <span class='webrupee'>?</span>3 to 5 crore surge by 86%, and those costing below <span class='webrupee'>?</span>50 lakh dip by 14%, according to a report by JLL. (Representational photo)(Pixabay)
Published on Jan 19, 2025 08:32 PM IST

MMR real estate market: 607 acres across 30 land deals transacted in 2024

In total, the Mumbai Metropolitan Region reported 30 land deals in 2024 out of a total of 133 across the country.

133 land deals measuring 2,515 acres closed across the country in 2024, of which 30 land deals of 607 acres were closed in the Mumbai Metropolitan Region. (Picture for representational purposes only)(Pixabay)
Updated on Jan 19, 2025 07:05 PM IST

Kejriwal proposes joint housing scheme with Centre for govt employees in Delhi

Kejriwal proposes joint housing scheme with Centre for govt employees in Delhi

Kejriwal proposes joint housing scheme with Centre for govt employees in Delhi
Published on Jan 19, 2025 04:28 PM IST
PTI |

All about Saif Ali Khan’s real estate portfolio in Mumbai

Saif Ali Khan resides in a 12-storey building called Satguru Sharan in Bandra. He has also bought other properties in Mumbai over the last 15 years

Saif Ali Khan, who was allegedly attacked by an intruder at his residence in Mumbai in the early hours of January 16, lives in a luxury apartment in the posh Bandra West area. (ANI Photo)(ANI Grab)
Updated on Jan 19, 2025 04:15 PM IST

Indian realty partners of Trump Towers to attend Donald Trump’s inauguration

Tribeca's Kalpesh Mehta has met Eric Trump in the US and discussed new Trump projects in India. He will attend Donald Trump’s inauguration ceremony on Jan 20 

Kalpesh Mehta, founder of Tribeca Developers and licensed partner for the Trump Organisation in India, met Donald Trump’s son, Eric Trump, at the prestigious Mar-a-Lago Club in Florida and discussed the new Trump India projects with him.(Tribeca )
Updated on Jan 18, 2025 08:14 PM IST
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