Category: InfraEstate

Bollywood star Kartik Aaryan has recently rented out his property in Mumbai’s upscale Juhu locality for Rs. 4.5 lakh per month, reflecting the ongoing strength in real estate activity. The transaction, reviewed by Square Yards, was officially registered with a stamp duty of Rs. 42,500. The property, situated within Siddhi Vinayak Presidency Co-operative Housing, spans 1,912 sq. ft. (177.72 sq. m). Aaryan originally purchased and registered the apartment on June 30, 2023, for Rs. 17.5 crore, jointly with his mother, Mala Tiwari. The purchase incurred a stamp duty of Rs. 1.05 crore…

Read More

·         The new facility, offersmore than 2,000 desks. The cost per seat will start at around Rs 9,000 per month. Managed co-working firm Urban Vault has leased 100,000 square feet of prime office space at Brigade Summit, one of the iconic mixed-use projects by Brigade Group, in Whitefield, Bengaluru. This move aims to expand its business and meet the rising demand for managed workspaces. With this leasing transaction, Urban Vault—a self-funded, bottom-line-driven company that provides managed workspace solutions to corporates—has entered the Whitefield area. Whitefield is a key residential and…

Read More

  Bengaluru’s Bagaluru recorded the highest price appreciation (of 90%), followed by Hyderabad’s Kokapet with a 89% jump Avg. residential prices at Bagaluru jumped up from INR 4,300 per sq. ft. in 2019 to approx. INR 8,151 per sq. ft. in H1 2024; Kokapet saw a hike from INR 4,750 per sq. ft. in 2019 to INR 9,000 per sq. ft. in H1 2024 Bengaluru’s Whitefield scores 3rd with an 80% rise, followed by NCR’s Dwarka Expressway at #4 & Bengaluru’s Sarjapur Road at # 5 In terms of new housing supply, MMR’s Dombivli remained the most active market in last…

Read More

Offer has Benefits Worth ₹7.5 Lakh on Premium Floors at Golf Course Extension, Gurugram Signature Global, India’s leading real estate brand announced an exclusive Janmashtami offer on its premium independent floor project ‘Signature Global City 63A’ located at the prominent Golf Course Extension Road, Sector 63A, Gurugram. This offer presents a unique opportunity for homebuyers to secure their dream home with significant savings and special benefits. Under this limited-time offer, customers can book a unit with a nominal amount of just ₹1 lakh and avail of benefits worth ₹5 lakh.…

Read More

eXp Realty India, the rapidly growing global cloud-based real estate brokerage firm, announced the launch of the “Chhat aur Chhaya” campaign, an innovative initiative aimed at creating sustainable living spaces through tree planting for every real estate transaction.  The campaign represents the dual comforts provided by eXp Realty homes: protection and peace. For every home sold, a tree is planted, enhancing both the natural beauty and environmental health of the community. This initiative reflects eXp Realty's dedication to building houses that nurture ecosystems, fostering both emotional and physical well-being. As…

Read More

eXp Realty India, the rapidly growing global cloud-based real estate brokerage firm, announced the launch of the “Chhat aur Chhaya” campaign, an innovative initiative aimed at creating sustainable living spaces through tree planting for every real estate transaction.  The campaign represents the dual comforts provided by eXp Realty homes: protection and peace. For every home sold, a tree is planted, enhancing both the natural beauty and environmental health of the community. This initiative reflects eXp Realty's dedication to building houses that nurture ecosystems, fostering both emotional and physical well-being. As…

Read More

  Avg. flat sizes in the top 7 cities increased from 1,145 sq. ft. in 2019 to 1,513 sq. ft. in H1 2024 NCR sees maximum growth in avg. flat sizes – from 1,250 sq. ft. in 2019 to 2,450 sq. ft in H1 2024 – due to increased new luxury supply Among top 7 cities, avg. flat size in NCR is highest, followed by Hyderabad with 2,010 sq. ft.; unsurprisingly, MMR has least avg. flat size MMR also sees least change (of 5%) in avg. flat sizes – from…

Read More

  Anuj Puri, Chairman – ANAROCK Group   The government's revised budget announcement allows taxpayers to pick between a 12.5% Long-Term Capital Gains (LTCG) tax rate without indexation and a 20% rate with indexation, for properties purchased before July 23, 2024. This will have a very profound impact on both homeowners and aspiring homebuyers.   Homeowners: This change gives homeowners flexibility in their tax liabilities when they sell their property. For properties held over a long period, where inflation has majorly raised the property's value, opting for the 20% tax…

Read More

  myHQ gets the mandate to manage day passes, conference rooms and Virtual Offices across 40+ WeWork locations across India. myHQ targets to grow its On-demand bookings from 30,000/month to 1,00,000/month in the 2024-25 Coworking centers have also become the most affordable solution for Indian freelancers. These freelancers earn an hourly income of around INR 1800- the highest anywhere in Asia     myHQ by ANAROCK, India's leading marketplace for flexible workspace solutions, has entered into a strategic partnership with one of the country’s prominent flexible workspace providers, WeWork India. Through this partnership, myHQ will be the sole technology,…

Read More

  In 2019, affordable housing (<INR 40 lakh) sales share in NCR was 49%, luxury segment (>INR 1.5 Cr) was just 3%; 2019 saw 23,180 affordable units and 1,580 luxury units sold  In H1 2024, approx. 7,730 affordable units were sold, 14,630+ units in luxury segment Of total luxury sales in NCR in H1 2024, Gurugram saw the highest at approx. 10,365 units, followed by Noida & Greater Noida together at 3,550 units & remaining 715 units collectively in Delhi, Ghaziabad, Faridabad & Bhiwadi Of total affordable sales in H1 2024,…

Read More