Homebuyers Alert: MahaRERA Invites Objections on De-Registration of 12 Real Estate Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has published a list of real estate projects for which promoters have applied for de-registration. Homebuyers and stakeholders are urged to review the list and submit objections if they have concerns. The deadline for objections is thirty days from the date of the notice.

Rising Demand for 1 & 2 BHK Luxury Apartments in Mumbai’s Prime Micro-Market

Mumbai’s prime micro-markets, Dadar and Shivaji Park, are witnessing a surge in demand for 1 & 2 BHK luxury apartments. With high resale value, seamless connectivity, and modern amenities, these compact yet premium residences are becoming the preferred choice for professionals and investors

TVS Emerald Expands Presence with 10-Acre Land Acquisition in Bengaluru

TVS Emerald has acquired a 10-acre land parcel in Sathnur, Bengaluru, with a development potential of 1.4 million sq ft and an estimated revenue of ₹1600 crore. This marks the company’s fourth land acquisition in FY 2024-25, bringing its total revenue potential from land deals to ₹5300 crore.

Zara Shuts Shop, Purple Style Labs Enters Iconic SoBo Building

Zara has shut its flagship store in South Mumbai’s iconic Ismail Building after nine years, making way for luxury fashion chain Purple Style Labs. The new tenant has leased nearly 60,000 sq ft of retail space for five years, with an initial annual rent of ₹36 crore. The lease marks a significant shift in Mumbai’s high-end retail landscape, as PSL expands its presence in the luxury fashion sector.

Housing Prices Surge in 2024, Delhi NCR Leads with 31% Growth

India’s housing market experienced a significant price surge in 2024, with average prices rising 10% YoY. Delhi NCR led the growth with a 31% increase, followed by Bengaluru at 23%. The luxury and ultra-luxury segments played a key role in driving demand, while unsold inventory levels declined for the fourth consecutive quarter. Experts anticipate continued price appreciation in 2025, supported by strong buyer confidence and evolving housing preferences.