Today’s Top Real Estate Stories

  • Blackstone to buy 50% in Indiabulls' two central Mumbai office projects for Rs 4,750 crore
    Blackstone is picking up the stake in 4.2 million sq ft fully-leased commercial space in two towers in Mumbai’s Lower Parel business district for for $730 million or Rs 4,750 crore.... Read more »
  • ED attaches properties worth Rs 52 crore in Tamil Nadu
    The properties belong to Om Sri Granites, Pallava Granite Industries and their partners in the alleged Madurai granite mining scam, ED tweeted.... Read more »
  • No plan to use Maharashtra Nature Park's FSI to develop Dharavi: Devendra Fadnavis
    In a text message, Mirror had asked Fadnavis whether the main objective of including the MNP in Dharavi Redevelopment Plan (DRP) was to use its FSI for Dharavi... Read more »
  • FSI raised to 4 for construction of permanent transit camps in Mumbai
    Builders will also be allowed to club multiple plots – belonging to the same or different owners – so as to transfer the rental housing or permanent transit camps on a single plot while shifting the flats for sale to other plots, provided all right holders agree and make a... Read more »
  • Govt would complete its PMAY target much before 2022: Housing Minister
    Refuting some media reports that the pace of the scheme was slowing down, the housing and urban affairs minister said that he has informed Parliament regarding the progress of the government's flagship scheme... Read more »
  • Maharashtra eyes all types of govt land for TDR income
    It has set up a panel to measure unused development potential of all government-owned land for generation of Transfer of Development Rights (TDR), which will be sold to developers.... Read more »
  • Allottees of Huda can file complaints with Haryana RERA
    This may spell trouble for Huda, as people who have been waiting for Huda to deliver plots they have booked for several years, will start approaching H-Rera for relief... Read more »
  • Binani Cement says followed processes diligently, case adjourned till March 27
    As many as 14 applications were made at Kolkata’s bankruptcy courts involving the resolution plan for Binani Cement, which is facing insolvency proceedings... Read more »
  • Virat Kohli scraps Rs 34 crore deal for Mumbai luxury apartment
    In June 2016, ET was the first to report Kohli’s purchase of a 7,000 sq ft apartment on the 35th floor of Tower C of the superpremium project for Rs 34 crore along with an allotment of four car parking slots... Read more »
  • Sebi plans amending norms for companies undergoing insolvency proceedings
    The proposal comes at a time when there are increasing number of cases coming up under the Insolvency and Bankruptcy Code (IBC) as entities look to address issues of stressed assets in a time-bound manner... Read more »