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Gurugram proposes circle rate hike; real estate experts warn of impact on housing sales, call for infra upgrades

India, Aug. 3 -- Property purchases in Gurugram may soon become costlier, with the district administration proposing a hike in circle rates. While a moderate increase of 10-15% may be absorbed by the ... Read More


Delayed project possession and missed EMIs: Here's how it can impact your CIBIL score

India, Aug. 3 -- Rohit Singh, a 36-year-old mid-level IT professional in Pune, booked a 2-BHK flat in 2021 for Rs.78 lakh, expecting possession by August 2023. To fund the purchase, he took a home loa... Read More


Lodha Developers expects to conclude one or more land deals this year, ahead of its Delhi-NCR foray: Abhishek Lodha

India, Aug. 3 -- Mumbai-based listed real estate developer Lodha Developers expects to conclude one or more land deals in Delhi-NCR this fiscal, paving the way for its first project launch in the regi... Read More


Bandhwari landfill: Gurugram's expanding garbage mountain threatens real estate development, health and environment

India, Aug. 2 -- Just beyond Gurugram's shimmering skyline dotted with luxury condominiums, golf courses and bustling commercial centres lies a stark reminder of the city's neglected underbelly: the B... Read More


DDA to set up Delhi's first international-standard ice skating rink in Dwarka

India, Aug. 2 -- In a first-of-its-kind initiative in Delhi, the Delhi Development Authority (DDA) has finalised a contractor to develop a world-class ice skating facility in Dwarka. Spanning 4,200 sq... Read More


Is Bengaluru's luxury housing market softening amid job losses and economic uncertainty? Experts weigh in

India, Aug. 2 -- Once considered immune to demand swings, Bengaluru's luxury housing market is showing signs of softening, buyers say. Amid rising white-collar job losses and economic uncertainty, som... Read More


Section 54: Can a wife claim tax exemption by selling flats gifted by her husband and reinvesting in a new property?

India, Aug. 2 -- In the context of intra-family transfers, such as gifts or sales between spouses, these transactions can be considered legitimate if it is legally executed through a registered gift d... Read More


Akshay Kumar sells multiple properties in Mumbai worth Rs.110 crore over last seven months

India, Aug. 2 -- Bollywood actor Akshay Kumar has sold eight property units in the Mumbai real estate market over the past seven months, earning returns of over Rs.110 crore. The sales include luxury ... Read More


Arkade Developers eyes second homes market in Karjat-Neral belt near Mumbai with launches priced at Rs.50 lakh to Rs.1 crore

India, Aug. 1 -- Mumbai-based listed developer Arkade Developers is set to enter the second-home market with a large-scale plot and villa project in the Neral-Karjat belt, offering plots from around R... Read More


Godrej Properties acquires 34-acre land in Vadodara for plotted housing, marks second project in Gujarat

India, Aug. 1 -- Godrej Properties Ltd has announced its entry into Vadodara with the acquisition of around 34 acres of land. The development on this land will primarily comprise premium plotted resid... Read More