Godrej Properties, one of India's leading real estate developers, has announced the acquisition of 4 acres of land in Pune, Maharashtra, to develop a brand-new residential structure. This would be the first luxury property for Godrej Properties in the city, according to Gaurav Pandey, MD & CEO of the company. The developer intends to create an exceptional residential neighborhood that adds long-term...
A high-end residential building has just been unveiled in Mumbai by renowned Indian developer K Raheja Realty Mumbai. The development offers upscale residences with first-class amenities and features. The beginning price for these residential apartments is Rs 1.9 crore, according to the information. This implies that the project is intended for wealthy buyers searching for upscale living options in...
According to the most recent data from the Maharashtra government's Department of Registrations and Stamps (IGR), properties registered in Mumbai city and its environs saw a slight increase of just over 2 percent in January 2023, but a significant decline of 11 percent in February 2023, according to year-over-year figures. The Department of Registrations and Stamps of the Maharashtra government reported...
The Indian real estate sector has expanded quickly in recent years, and several top companies are now working to offer excellent projects across the whole country. Given the abundance of possibilities, picking the finest real estate companies in India could be challenging. In a nation, the size of India, the real estate sector seems to be quite broad and includes a considerable amount of property firms....
Maharashtra Budget 2023 Stamp Duty Cut: Devendra Fadnavis, the state's deputy chief minister, proposed a 1% stamp duty rebate for women. One day after International Women's Day was observed, the Maharashtra government took action that is expected to cut the cost of housing for women in the state. A "stamp duty cut" denotes a decline in the level of stamp duty applied to a specific kind of transaction. A...
"Brickschain's technology enables investors to make fractional investments in real estate assets, turning them into partial owners in our portfolio of real estate." Alok Rai, Chief Operating Officer at Apiary Centre of Excellence at Software Technology Parks of India (STPI), the government of India, declared that this will be the first-ever World’s First Online Real Estate Exchange that will redefine the...
Even if real estate prices are rising, the bull market for luxury homes in India is still going strong. Mumbai, India's most expensive city, saw revenue from property registrations reach a new high in February 2023 at Rs 1,102 cr, according to the Inspector General of Registration (IGR), Maharashtra. This represented a staggering increase in Mumbai property revenue up 79% over February 2022 collections,...
Google has leased 1 lakh square ft of flexible office space in Pune's Mundhwa area. The 1-million square feet of google office in Pune is spread across three blocks and was leased for 12 years. The property, located at Vikram Das Marg, has all the facilities, like power backup, water supply, and a sewage treatment facility. This property is part of the company's global office real estate strategy across...
In terms of metropolitan economies, Pune ranks seventh in India. The city also boasts the sixth-highest per capita income in the nation. This is not surprising given the phenomenal expansion this city has experienced over the past ten years. Let's cover the top reasons to invest in Kharadi, Pune. Modern IT parks are located in places like Kharadi, Hinjewadi, Magarpatta, and others places. It is...
Godrej Properties Ltd. paid about Rs 100 crore for the rights to create a luxury housing project with a Rs 500 crore sales potential on the former film actor, director, and producer Raj Kapoor’s Mumbai bungalow in the Chembur neighborhood. The house has been owned by Kapoor's family since he first paid Rs 50 lakhs for it in 1963. Over the years, it has undergone numerous restorations and additions,...
