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Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
08 Sep 2025
Shriram Properties Limited has entered into a joint development agreement with a landowner to undertake a housing project on 6.5 acres in North Bengaluru. The premium residential scheme is planned with a saleable area of nearly 0.6 million square feet, carrying a gross development value of around INR 500 crore. The company has a track record of delivering 48 projects across Bengaluru, Chennai and Kolkata, and is presently working on developments spanning 19 million square feet.Read more
07 Sep 2025
Hema Malini has finalized a deal for two 847 sq ft apartments located on the 31st floor of Oberoi Springs in Andheri West, for a collective INR 12.5 crore. Stamp duty and registration fees totaled INR 31.25 lakh and INR 30,000 per unit, respectively. The purchasers, Fatema Saidi and Mansi Vipul Kazi, paid INR 6.25 crore per flat. The neighbourhood's lasting appeal stems from its connectivity and upscale environment.Read more
07 Sep 2025
Kartik Aaryan has entered the land market with his first purchase a 2,000-square-foot plot in Alibaug priced at INR 2 crore. The plot is located within the Chateau de Alibaug project by HoABL, which has already attracted high-profile buyers including Amitabh Bachchan and Kriti Sanon. The project offers premium amenities such as clubhouses, rooftop gardens, and duplex layouts with private pools. Aaryan shared that he plans to build his own home there, while the developer noted his entry highlights the growing demand for luxury land ownership in Alibaug, supported by better infrastructure links to Mumbai.Read more
05 Sep 2025
Puravankara Limited, one of India's most reputed real estate developers, announced that it would host a series of property shows in the United States earlier this month. These events, spread across key cities including New Jersey, Seattle, Santa Clara, Houston and Frisco, were curated for global Indians to explore premium living options and investment opportunities in India. The series highlighted Puravankara's diverse portfolio while offering personalised consultations, exclusive pricing and flexible payment plans tailored to the needs of non-resident Indian buyers.Read more
04 Sep 2025
Mumbai's property market recorded 11,230 registrations in August 2025, down 3% year-on-year and 11% from July, reflecting a modest seasonal slowdown. Residential sales dominated with 80% of registrations, and smaller homes under 1,000 sq ft accounted for 85% of transactions. Properties priced below INR 1 crore gained traction, rising to 48% of sales from 44% last year, while mid-segment units (INR 2-5 crore) dipped slightly and luxury homes held steady at 6%. Stamp duty collections stood at INR 1,000 crore, 6% lower than August 2024. Still, January-August saw nearly 100,000 registrations and INR 8,854 crore revenue, up 11% year-on-year, showing sustained buyer confidence.Read more
04 Sep 2025
The Lucknow Development Authority (LDA) has announced a large township project called Varun Vihar, spread over 5,600 acres along the Agra Expressway. The plan includes a 300-acre logistics park with direct connectivity to the expressway and Kisanpath, more than 15,000 residential, commercial, and group-housing plots, and supporting facilities such as an inter-state bus terminal, an international-standard golf course, and a central park. Nearly 800 acres have been earmarked for green belts and water bodies. The project aims to create a balanced township with housing, infrastructure, and employment opportunities.Read more
04 Sep 2025
The Karnataka Housing Board is planning a 772-acre development near the ITIR in Devanahalli, aiming to meet increasing demand with residential plots and affordable housing for low-income families. Spread across five villages Vishwanathapura, Vajarahalli, Beerasandra, Shanappanahalli and Managondanahalli the plan involves giving landowners half the developed land instead of cash, with their agreement required. A previous attempt to acquire 1,777 acres was dropped after farmers spoke out. Rising land rates after Foxconn's iPhone facility announcement highlight the urgency, while concerns about loss of fertile land remain.Read more
04 Sep 2025
Applied Materials has taken up more than 8 lakh sq ft of office space in Whitefield, Bengaluru, by signing a 10-year lease valued at INR 855 crore. The office is located in ITPB-Endeavour and spans the ground plus 15 upper floors. The monthly rent is INR 5.97 crore, with rent set at INR 74 per sq ft and scheduled to increase by 15% every three years. A security deposit of INR 35.8 crore has also been paid. The agreement includes a firm option to lease an extra 3 lakh sq ft in Tower 8, which is under construction.Read more
03 Sep 2025
Shah Rukh Khan has rented two duplex apartments in Mumbai's Pali Hill while his residence, Mannat, undergoes renovation. The lease, signed with the Bhagnani family, is valued at INR 8.67 crore over three years and provides him about 10,500 sq ft of space. Around the same time, Kriti Sanon purchased a duplex penthouse in the Supreme Prana project in the same neighbourhood. Her apartment, spread across the top two floors, is priced at INR 78.2 crore and comes with six parking spots. The article also outlines the differences between duplex and standalone apartments.Read more
03 Sep 2025
WeWork India has leased 22,700 sq ft of office space to Chargebee at its Chennai centre. The global billing and monetisation platform has opened its new office within this facility. WeWork India, which has a presence across eight cities with over one lakh desks, is also preparing to launch its Initial Public Offering in the near future, marking a significant milestone in its expansion strategy.Read more