Need to Revise Building Byelaws in Uttar Pradesh: CM Calls for Modernization
Uttar Pradesh Chief Minister has emphasized revising the state’s building byelaws to promote sustainable development, improve urban planning, and ensure safety standards. The proposed changes aim to address current challenges and future-proof the state’s urban infrastructure. Lucknow, India – Uttar Pradesh Chief Minister has underscored the necessity to overhaul the
Noida to Get Seamless Metro Connectivity with Botanical Garden Link Approved
The Uttar Pradesh cabinet has approved a new 11.56 km metro link connecting Noida’s Sector 142 to Delhi’s Botanical Garden station, enhancing public transport connectivity in the region. Good news for commuters in Noida! The Uttar Pradesh cabinet has approved the Detailed Project Report (DPR) for a new 11.56 km
Mindspace REIT Makes History with Sustainable Bond Issuance
Mindspace REIT becomes the first Indian REIT to issue sustainability-linked bonds, raising ₹650 crore from IFC to achieve ESG goals and refinance existing debt. Mindspace Business Parks REIT, a leading name in Indian real estate investment trusts (REITs), has achieved a significant milestone. The company recently announced securing ₹650 crore
Techie’s reaction to ₹15 crore Noida apartment strikes a chord with millions.
An engineer’s social media reaction to the exorbitant price of a luxury apartment in Noida highlights the growing affordability concerns in the Indian real estate market. A video featuring Kashish Chhibber, a Delhi NCR-based engineer, has gained widespread attention on social media. The video showcases Chhibber, who is known as
Japanese Investment Boosts Gurugram Office Market
Synopsis: Daibiru Corporation, a Japanese company, invests Rs 10 billion in an upcoming office complex in Gurugram, co-developed by DLF and Hines. Marking a significant investment in Indian real estate, Daibiru Corporation, a subsidiary of Mitsui O.S.K. Lines, has injected Rs 10 billion into an under-construction office complex in Gurugram.
Kaisa Group Gets Breathing Room as Hong Kong Court Delays Liquidation Hearing
A Hong Kong court delayed a hearing on a petition to liquidate Kaisa Group. The postponement gives Kaisa until August 12th to finalize a debt restructuring plan with creditors. This decision comes amidst a wave of financial difficulties faced by Chinese property developers. Hong Kong, June 25, 2024: The embattled
NBCC Wins Rs 100 Crore Project in Hyderabad Through Government e-Marketplace (GEM)
NBCC India Ltd. has won a Rs 100 crore project for constructing a new training center and renovating existing buildings at the RECIPMT in Hyderabad. This is NBCC’s first project secured through the Government e-Marketplace (GEM) portal. The project involves constructing new facilities and renovating existing ones on the RECIPMT
Supertech Submits Plan to Uttar Pradesh Government for Completion of Stuck Projects
Supertech Limited has submitted a comprehensive plan to the Uttar Pradesh government to complete its stalled real estate projects. This move seeks to address the concerns of homebuyers and stakeholders affected by the delays and ensure the timely delivery of pending projects. Lucknow, India – In a significant step towards
Not Mumbai, Delhi, or Bengaluru: These 17 Cities Are India’s Next Big Real Estate Hotspots
As India’s real estate market evolves, attention is shifting from traditional hubs like Mumbai, Delhi, and Bengaluru to emerging cities. Seventeen cities across the country are now poised to become the next big real estate hotspots, driven by economic growth, infrastructure development, and increasing urbanization. In a significant shift
MahaRERA Tightens Regulations, Directs Mandatory Grievance Redressal Cells for All Real Estate Projects
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced new regulations requiring developers to establish mandatory grievance redressal cells for all real estate projects. This directive aims to enhance transparency, address homebuyers’ concerns efficiently, and improve the overall credibility of the real estate sector in Maharashtra. Mumbai, India – In
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