Latest Real Estate News

Mumbai-based Hiranandani Developers’ founder, Niranjan Hiranandani, has shared on social media that during a visit to Gurugram, he toured DLF’s Camellias project and was deeply impressed by its ‘forward-thinking approach to luxury living.’

https://www.hindustantimes.com/real-estate/niranjan-hiranandani-calls-dlf-s-camellias-forward-thinking-luxury-says-his-only-competition-is-yesterdays-me-101754893135859.html

In 2023, Neha Mehta sold her 1,020 sq ft flat in Pune’s Kothrud for ₹78 lakh. Two years earlier, she had invested ₹6.5 lakh in major renovations, installing a modular kitchen, replacing old tiles with vitrified flooring, enclosing the balcony with sliding glass doors, and upgrading the plumbing and wiring to modern standards.

https://www.hindustantimes.com/real-estate/from-kitchen-makeovers-to-balcony-extensions-how-home-renovations-can-reduce-capital-gains-tax-for-property-sellers-101754886241337.html

With Prime Minister Narendra Modi inaugurating Bengaluru’s Yellow Line of the Namma Metro, real estate experts say the enhanced connectivity could significantly reshape the city’s housing market, particularly for tech professionals in the southern IT corridor. The metro’s seamless access is expected to make farther but more affordable neighbourhoods attractive to first-time homebuyers.

https://www.hindustantimes.com/real-estate/bengalurus-yellow-line-metro-to-unlock-affordable-housing-markets-for-techies-with-improved-transit-shorter-commutes-101754805108424.html

As property prices and rents continue to soar across Bengaluru’s prime neighbourhoods, a growing number of tech professionals are looking beyond the IT capital, and many are zeroing in on Mysuru. Tired of relentless traffic congestion and worsening air quality, remote-working and hybrid techies are increasingly choosing the quieter, greener, and more affordable city of Mysuru to settle down.

https://www.hindustantimes.com/real-estate/planning-to-gift-property-to-your-sister-this-raksha-bandhan-here-s-what-you-should-know-101754636022855.html

While a brother can gift property to his sister with no tax liability for either party at the time of transfer since a sister qualifies as a ‘relative’ under the Income Tax Act, legal and tax experts note that if the sister later sells the property, the cost of acquisition for capital gains calculation will be the original price paid by the brother, not the market value on the gift date.

https://www.hindustantimes.com/real-estate/planning-to-gift-property-to-your-sister-this-raksha-bandhan-here-s-what-you-should-know-101754636022855.html

Elon Musk’s Tesla India Motors and Energy Pvt Ltd has leased an 8,200 sq ft showroom in Delhi’s Aerocity hospitality district near Indira Gandhi International Airport for nine years at a monthly rent of ₹17.22 lakh, according to documents accessed by CRE Matrix.

https://www.hindustantimes.com/real-estate/tesla-leases-8-200-sq-ft-showroom-space-in-delhi-s-aerocity-at-17-22-lakh-per-month-101754637035330.html

The Bombay High Court (HC) has ruled that flat owners with larger apartments must pay higher maintenance charges in housing complexes, as per the provisions of the Maharashtra Apartment Ownership Act, 1970, according to a report in the Hindustan Times.

https://www.hindustantimes.com/real-estate/should-maintenance-charges-be-based-on-apartment-size-or-be-equal-for-all-heres-what-you-should-know-101754578206288.html

In a key ruling with far-reaching implications for joint development projects, the Karnataka Real Estate Regulatory Authority (KRERA) has held that both the developer and the landowner are jointly responsible for statutory compliances, including the provision of essential civic services such as water and sewerage connections to homebuyers.

https://www.hindustantimes.com/real-estate/krera-developer-landowner-jointly-liable-for-water-sewerage-connections-in-bengaluru-housing-projects-101754564225014.html

Bengaluru-based Sumadhura Group has leased five lakh square feet of premium commercial space at its flagship tech park in Bengaluru’s Whitefield to major global corporates for an annual rental revenue of ₹50 crore, the company said in a statement.

https://www.hindustantimes.com/real-estate/sumadhura-group-leases-5-lakh-sq-ft-to-global-corporates-in-bengaluru-eyes-rs-50-crore-annual-revenue-101754581847723.html

India’s housing price index (HPI) rose to 132 in March 2025, marking an eight-point year-on-year increase across 13 major cities, driven by sustained demand for residential properties, according to a report by REA India and the Indian School of Business.

https://www.hindustantimes.com/real-estate/delhi-ncr-bengaluru-lead-housing-price-surge-1bhk-demand-rises-amid-affordability-101754581374963.html

In a major relief for over 400 homebuyers of the stalled Sunworld Arista project in Noida’s Sector 168, real estate firm Nimbus Projects Ltd, appointed as co-developer, has committed to investing over ₹1,000 crore to complete the project. The company has already deposited ₹80 crore in pending dues with the Noida Authority.

The Reserve Bank of India’s Monetary Policy Committee has kept the policy repo rate unchanged at 5.5% in its August review. While real estate experts believe a rate cut could have offered a significant boost to the affordable housing segment by lowering borrowing costs, the RBI opted for a status quo amid ongoing tariff-related uncertainties and potential economic risks.

New Delhi, Aug 5 (PTI) The Supreme Court on Tuesday upheld the January 29 notification of the Ministry of Environment, Forests and Climate Change, but struck down the contentious clause exempting certain large building and construction projects from prior environmental clearance.

New Delhi, Aug 4 (PTI) Knowledge Realty Trust, sponsored by realty firm Sattva Group and Blackstone, on Aug 4 garnered ₹1,620 crore from anchor investors ahead of its REIT public issue opening for public subscription.

New Delhi, Aug 4 (PTI) India’s biggest realty firm DLF has set an “ambitious” target to cross annual rental income of ₹10,000 crore in medium term from the company’s commercial properties, its Chairman Rajiv Singh said on August 4.

(Bloomberg) — Carrefour SA pioneered hypermarkets in France and sold the brand around the world in an ambitious expansion that started more than five decades ago, reaching a market value that was once higher than that of luxury-goods empire LVMH.

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 Bandhwari landfill.

Signalling a more cautious phase in Bengaluru’s premium housing market, buyers say several top real estate developers are now offering flexible payment plans and upfront discounts to boost sales. These rare incentives, shared buyers on Reddit, appear to be a response to softening demand, especially in the ₹2.5 crore-and-above apartment segment.

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 residential units and will offer an estimated saleable area of around 9 lakh square feet, the company said in a statement.