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What is the Maharashtra government's plan to grant OCs to around 25,000 housing societies in Mumbai all about?

India, Sept. 15 -- In a move that could relieve 25,000 housing societies across Mumbai, the Maharashtra government is set to announce a new policy framework allowing societies to obtain long-pending O... Read More


BlackRock Services India Pvt Ltd leases 1.43 lakh sq ft office space in Bengaluru for Rs.410 crore

India, Sept. 15 -- BlackRock Services India Pvt Ltd, the Indian arm of global asset manager, BlackRock Inc, has leased 1.43 lakh sq ft of commercial office space in Bengaluru for Rs.410 crore over a 1... Read More


Food and Beverage sector drives retail leasing in India with 4 mn sq ft, set to add 6 mn sq ft by 2028: JLL report

India, Sept. 15 -- India's Food and Beverage (F&B) sector has become a key driver of retail real estate growth, recording about 4 million sq ft of leasing across seven major cities since the last two ... Read More


High court chides SRA over unilateral notification of private land as slum

India, Sept. 15 -- The Bombay High Court last week directed the Chief Executive Officer (CEO) of the Slum Rehabilitation Authority (SRA) to file an affidavit explaining how privately-owned land could ... Read More


Delhi's Sarai Kale Khan set to become Capital's first multimodal interchange hub

India, Sept. 15 -- New Delhi A seamless transition from rapid rail to an interstate bus or from Metro to railways is set to become a reality at Sarai Kale Khan, with the inauguration of the Rapid Rai... Read More


Supreme Court of India calls speculative investors 'slow poison' for real estate, seeks safeguards for homebuyers

India, Sept. 14 -- In a landmark ruling with wide-ranging implications for the real estate sector, the Supreme Court of India has drawn a clear distinction between speculative investors, whom it descr... Read More


Is Mumbai's housing society redevelopment just a numbers game, and what's a fair extra area for homeowners?

India, Sept. 14 -- A co-operative housing society in Dahisar, Mumbai, embarked on redevelopment in 2013 after selecting a developer who promised homeowners 40% additional space over their existing fla... Read More


Credai pushes for land reforms, digital registry, and land banks to drive housing growth

India, Sept. 14 -- The Confederation of Real Estate Developers' Associations of India (CREDAI) has called for comprehensive land reforms, including conclusive land titling through a Land Titling Act a... Read More


Inherited a 1-acre plot in Mumbai? Here's what you should know before taking on an SRA development on your own

India, Sept. 13 -- An individual earning Rs.24 lakh annually has expressed his ambition to become a real estate developer by undertaking a 1-acre Slum Rehabilitation Authority (SRA) project in the Mum... Read More


NAREDCO says PM's birthday should be observed as 'Right to Housing Day'

India, Sept. 13 -- NAREDCO, a body of real estate developers, has written to prime minister Narendra Modi urging that his birthday on September 17 be observed as 'Right to Housing Day'. The prime min... Read More