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Hyderabad (Telangana) [India], September 28 (ANI): BRS Working President KT Rama Rao on Sunday targeted the Congress-led Telangana government, saying that it is under the false impression that people will forget its deceitful promises. He declared that the "Congress Debt Card" campaign will remind citizens of the unfulfilled assurances and betrayals committed by the party. During an extensive tour of Shaikpet and Samatha Colony in Jubilee Hills constituency, accompanied by MLC Dasoju Sravan an ...Read More >
New Delhi: The national capital recently witnessed two launches within weeks of each other. On 11 August, Elon Musk's Tesla had a lowkey launch for its second showroom in India, in Delhi's Aerocity. The global brand had only one model on display with a small crowd in attendance. On 6 September, a stone's throw away from Tesla's showroom, VinFast Auto Ltd, a little-known Vietnamese brand, made a much bigger splash. In a large ballroom that could easily hold more than 100 people, the company's le ...Read More >
Chennai: Madras HC has transferred the probe into the murder of state BSP president K Armstrong to the CBI. It also directed the CBI to complete the probe and file a final report before the jurisdictional court in six months.Justice P Velmurugan passed the order on Wednesday, on a plea moved by Armstrong's brother, K Immanuvel, to transfer the probe from the state police to a central agency.Armstrong, who was the state president of the BSP, was hacked to death near his residence on July 5, 2024. ...Read More >
Noida: Property values along the Yamuna Expressway have reportedly witnessed a remarkable transformation over the past five years, propelled by large-scale infrastructure projects and the impending launch of the Noida International Airport at Jewar. Once considered a peripheral stretch of the National Capital Region (NCR), the corridor has rapidly evolved into one of its most sought-after real estate destinations. A recent study by property consultancy InvestoXpert, as reported by Hindustan Tim ...Read More >
CHENNAI: A 2.4 million sqft office campus in Porur, Chennai, has been sold for nearly Rs 2,550 crore in one of the biggest property deals in the city this year. The buyer is Prime Offices Fund (PRIME), a commercial real estate fund managed by Nuvama Asset Management and Cushman & Wakefield Management Private Limited (NCW). The deal involves a 100% buyout of the campus from Singapore-based Keppel's real estate division and marks PRIME's second acquisition. The campus is a LEED Platinum-rated, fu ...Read More >
Lieutenant Governor Manoj Sinha champions Jammu and Kashmir's real estate sector towards becoming a key economic pillar by 2047. Highlighting growth potential, Sinha also supports innovation initiatives like Atal Tinkering Labs to empower youth and announces CSR projects for sustainable development in the region. During the AIFORERA Governing Council Meeting, Jammu and Kashmir Lieutenant Governor Manoj Sinha hailed the real estate sector's long-term growth, predicting it will be pivotal to the ...Read More >
India is emerging as the most-preferred market for expansion by third-party logistics (3PL) players in the Asia-Pacific region, with nearly 70% of occupiers planning to expand their footprint in the country over the next two years, mentioned CBRE report. 3PL players handle the complete supply chain and logistics operations of their clients, allowing them to focus on their core business. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, India's rapid econom ...Read More >
According to the agreement, which was signed in December 2007, the firm was bound to deliver possession within 24 months of approval of service plans. The Supreme Court on Wednesday directed a real estate firm to refund over Rs 43 lakh to a plot buyer with 18 per cent interest. The top court enhanced the compensation originally ordered by the National Consumer Disputes Redressal Commission (NCDRC), which had fixed the rate at 9 percent on more than Rs 43 lakh to be paid by M/s Business Park To ...Read More >
Kolkata: The city added around 4,890 residential units in July to September this year, a whopping 56% annual increase and a significant 95% rise over the previous quarter. Around 75% of the new supply was added in the mid and upper mid segments priced within Rs 40 lakh to Rs 1.5 crore.Kolkata also witnessed the sale of 4,130 residential units in the third quarter of the year, increasing by 17% over the previous quarter and by 4% over the corresponding quarter in 2024, real estate consultancy fir ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances ...Read More >
Srinagar: The one lakh crore Urban Challenge Fund will be a game-changer in transforming cities and developing them as growth hubs in India, Lieutenant Governor Manoj Sinha said on Thursday. "The initiative involving states and Union Territories and private players to redevelop 300 cities across India will promote innovation, robust infrastructure, improve ease of living and integrate sustainability into urban planning," Sinha said. According to an official press release, he was speaking at th ...Read More >
New Delhi, Sep 24 (PTI) Housing prices in projects along Yamuna Expressway in Delhi-NCR has risen 2.5 times while rates of plots jumped more than sixfold in the last five years driven by infrastructure development, according to property consultant InvestoXpert. The company in its report titled 'RealX Stats' mentioned that the average apartment prices in Yamuna Expressway region have risen 158 per cent, while plot values have soared 536 per cent in the last five years. The average prices of apa ...Read More >
New Delhi [India], September 16: With an expertise of over six decades, K Raheja Corp Homes, the residential arm of K Raheja Corp, has established itself as a pioneer in India premium luxury real estate. Renowned for delivering projects ahead of schedule, the brand stands out for its customer-centric approach, uncompromising quality, and innovative designs, consistently raising the benchmarks of excellence across the industry. With a footprint across Mumbai, Pune, Bangalore, Hyderabad, and Goa, ...Read More >
VMPL New Delhi [India], September 16: With an expertise of over six decades, K Raheja Corp Homes, the residential arm of K Raheja Corp, has established itself as a pioneer in India's premium luxury real estate. Renowned for delivering projects ahead of schedule, the brand stands out for its customer-centric approach, uncompromising quality, and innovative designs, consistently raising the benchmarks of excellence across the industry. With a footprint across Mumbai, Pune, Bangalore, Hyderabad, ...Read More >
VMPL Hyderabad (Telangana) [India], September 16: Hyderabad-based Jain Constructions, one of the city's established real estate developers, has announced the expansion of its portfolio with a series of ongoing residential and commercial projects. With 38 completed projects and over 25 years of experience, the company has built a reputation for timely delivery, quality construction and transparent practices. Residential Developments The company's residential pipeline features multiple large-sc ...Read More >
Hyderabad: Medicover Hospitals is set for massive expansion in Hyderabad with Rs 250 crore investment. As part of the plan, its 24th facility, a 350-bed multi-speciality hospital will be iaugurated on Tuesday. Continuing with expansion, the group plans a 500-bed hospital in financial district, expected to be operational by year-end. The Secunderabad facility is built on the site of the former Sangeet Theatre Additional projects are being explored in Pune and Bengaluru, where the group is seekin ...Read More >
Info Edge (India) Ltd., the parent of job portal Naukri.com, has launched an independent investigation after receiving a whistle-blower complaint alleging violations of company policies by employees in its real estate vertical, 99acres. In a regulatory filing, the company said its Audit Committee and Board of Directors had taken note of the allegations and appointed a reputed specialist law firm to conduct a comprehensive probe. The firm's assessment is ongoing. While the company did not disclo ...Read More >
Raipur, Sep 15 (PTI) The Enforcement Directorate on Monday filed a fresh prosecution complaint in a multi-crore 'liquor scam' in Chhattisgarh in a court and alleged Chaitanya, son of Congress leader and former CM Bhupesh Baghel, "handled" over Rs 1,000 crore worth of "proceeds of crime". The 7,039-page supplementary prosecution complaint (chargesheet) was filed in the court of 6th district and additional sessions judge Damarudhar Chouhan in Raipur naming Chaitanya Baghel, a businessman, as an a ...Read More >
New Delhi, Sep 15 Food and Beverage (F&B) industry's share in overall retail leasing grew from 16 per cent in 2023 to 22 per cent in 2025 across the top seven cities in India, a report said on Monday. New Delhi, Sep 15 (IANS) Food and Beverage (F&B) industry's share in overall retail leasing grew from 16 per cent in 2023 to 22 per cent in 2025 across the top seven cities in India, a report said on Monday. The sector has emerged as the cornerstone of the country's retail real estate growth, wit ...Read More >
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 years. Bengaluru led the trend, accounting for nearly one-third of this activity. In response to strong demand, developers plan to allocate up to 25% of space in upcoming destination malls to F&B. By 2028, around 6 million sq ft of F&B space is expected to come up across the top seven cities, a report by JLL India has ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) Indian equities, under the Nifty50 basket, have delivered a compound annual growth rate (CAGR) of 14 per cent over the past 20 years, multiplying investors' wealth by 13 times, according to a report released on Monday. Gold, meanwhile, slightly outperformed equities with a 14.7 per cent CAGR, growing 16 times during the same period. In comparison, real estate and the debt market generated more modest returns, compounding annually at 7.7 per cent and 7.5 per c ...Read More >
New Delhi, Sep 15 (PTI) Markets regulator SEBI's decision to classify Real Estate Investment Trusts (REITs) as "equity" for investments by mutual funds is a progressive step that will widen investors' participation and strengthen this instrument. To enhance investment by Mutual fund schemes in REITs, the SEBI Board last week approved the amendments to SEBI (Mutual Funds) Regulations, 1996, for re-classifying REITs as "equity" and retaining the "hybrid" classification for the InvITs, for the pur ...Read More >
One of the accused is a government employee who allegedly secured his job using a fake qualification certificate, the official stated. Following a complaint filed by Guninder Jeet Singh Wazir of Trikuta Nagar in Jammu, an FIR was registered against the directors of Shreekatyani Metal Private Limited: Nitin Gupta and Nidhi Gupta, both from Yojna Vihar, Delhi, and Nitin Maheshwari from Suryanagar, Ghaziabad (UP), for fraudulently and dishonestly causing wrongful loss of ₹2.64 crore to the complai ...Read More >
MUMBAI: The reclassification of real-estate investment trusts (REITs) as equity will make them eligible for inclusion in benchmark indices, drawing in mutual funds and institutional investors.Developers stand to benefit from lower financing costs and more diversified funding, while investors can diversify into real estate with opportunity for steady dividends and potential capital appreciation without the illiquidity of property. An REIT is an entity that owns income-generating real estate and l ...Read More >
The Supreme Court on Friday suggested major reforms in the Insolvency and Bankruptcy Code "to restore faith in the regulatory and insolvency framework," even as it urged the government to come up with a revival fund to provide financing for stressed real estate projects undergoing insolvency proceedings. The apex court said that the Right to Housing was not merely a contractual entitlement but a facet of the fundamental Right to Life under Article 21 of the Indian Constitution and the governmen ...Read More >
Hyderabad: Police arrested two persons, including a doctor, for possessing 10 kg of deer meat.Apart from the meat, the police also seized three pairs of deer horns, the car used for hunting, two licensed firearms and two air rifles.Police found that the accused, Dr Saleem Moosa and real estate businessman Mohammed Iqbal Ali, were allegedly involved in hunting deer in the Zaheerabad forest."The seized deer meat and the two accused individuals were handed over to the forest department for further ...Read More >
Hyderabad (Telangana) [India], September 14 (ANI): Hyderabad Police arrested two men late on Saturday night after seizing 10 kilograms of deer meat and three pairs of deer horns from their possession. The officials said the accused were caught while attempting to transport the wildlife products in a four-wheeler. Also Read | Urvashi Rautela, Ex-Trinamool MP Mimi Chakraborty Summoned by ED in Illegal Online Betting App 1xBet Case. According to police, credible information was received on Septe ...Read More >
Bengaluru: The Supreme Court recently came down heavily on speculative investors in real estate. Additionally, it said the real estate sector needs systemic reforms to infuse credibility. What prompted this? Mint explains. What did the Supreme Court ruling say? The Supreme Court issued a ruling on 12 September in response to a batch of appeals following a decision by the National Company Law Appellate Tribunal on a housing project in Greater Noida. Affirming NCLAT's ruling that termed the appe ...Read More >
New Delhi [India], September 14 (ANI): India's logistics and industrial real estate sector recorded double-digit growth in the first half of 2025, with total leasing at 30.7 million square feet (MSF) - a 21.6 per cent increase YoY and 12.1 per cent higher than H2 2024, according to Cushman & Wakefield's latest H1 2025 Logistics & Industrials Marketbeat Report. The growth is driven by strong demand across warehousing and manufacturing segments, the report added. The performance underlines the s ...Read More >
New Delhi [India], September 14 (ANI): India logistics and industrial real estate sector recorded double-digit growth in the first half of 2025, with total leasing at 30.7 million square feet (MSF) - a 21.6 per cent increase YoY and 12.1 per cent higher than H2 2024, according to Cushman & Wakefield latest H1 2025 Logistics & Industrials Marketbeat Report. The growth is driven by strong demand across warehousing and manufacturing segments, the report added. The performance underlines the secto ...Read More >
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