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Realty

2223 posts

Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.

Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.

Lodha

I DIRECT YOU: MANJU LODHA URGES ABHISHEK & ABHINANDAN TO END FEUD, REMEMBERING RAM & LAXMAN

Exclusive letter dated 21 February 2025 reveals Manju Lodha’s heartfelt appeal to her sons, Abhishek and Abhinandan, urging them to end their feud. In it, she instructs: “1. You will not say anything wrong about each other. 2. You will not fight with each other. 3. You have no right against each other’s business or shareholding. 4. Neither of you have to give anything to each other. 5. You will not interfere in any manner with each other’s business. 6. Bring an end to all your disputes, respect each other and try to help each other.” She likens their bond to that of Ram and Laxman, stressing the importance of unity and family legacy.
MahaRERA

MahaRERA Dismisses Complaints Due to Pre-RERA Contracts,

MahaRERA has ruled that homebuyers with pre-RERA contracts cannot seek relief under the Real Estate (Regulation and Development) Act, 2016, as the terms of these agreements remain binding. However, a homebuyer with a registered sale agreement has been awarded interest compensation for delayed possession.
Industrial and Warehousing real estate industry

JLL Facilitates NDR InvIT’s 0.9 Million Sq. Ft. Industrial Park Acquisition Near Surat, Boosting Gujarat’s Logistics Sector

JLL India served as the exclusive financial advisor for NDR InvIT Trust in acquiring a 0.9 million sq. ft. Grade A industrial warehouse near Surat. The fully operational industrial park, located in Kosamba and hosting blue-chip tenants, was acquired through a combination of cash and InvIT unit issuance. This strategic transaction strengthens NDR InvIT’s foothold in Western India’s rapidly growing logistics market, further enhancing its Assets Under Management (AUM) to approximately 19.01 million sq. ft. as of Q3FY2025.

SHAKTI KAPOOR SELLS JUHU APARTMENT FOR RS.6.11 CR; SHRADDHA KAPOOR HAD GIFTED 50% SHARE IN 2019

Bollywood star Shakti Kapoor has sold his apartment in the prestigious Silver Beach Heaven Co-operative Society, Juhu, for Rs.6.11 crore. Registered in December 2024, the deal involved a built-up area of 81.84 sq. m (around 881 sq. ft.) and incurred a stamp duty of Rs.36.66 lakh plus registration charges of Rs.30,000. This sale underscores Juhu’s continued appeal as a premium residential market among celebrities
Depressed homebuyer

MahaRERA Dismisses Homebuyers’ Refund Plea as They Relinquished Property to Lender

MahaRERA has ruled that homebuyers who relinquish their property to a lender lose their right to claim refunds from the developer. In a case involving the Zeal Regency project, two buyers sought a refund after the project was delayed, but MahaRERA dismissed their plea, citing that they had surrendered ownership to the lender, who later auctioned the flat.