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Realty

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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.

TATA

Tata Consulting Engineers Acquires US-Based CDI Engineering Solutions to Expand Global Footprint

Tata Consulting Engineers (TCE) has acquired CDI Engineering Solutions, a prominent US-based engineering firm with a 75-year legacy. This strategic move strengthens TCE’s global presence and positions the company to tackle critical challenges in energy transition, sustainability, and infrastructure development. The acquisition combines TCE’s expertise with CDI’s technical excellence, offering enhanced value to clients worldwide.
Mumbai home sales September 2024 decline

Mumbai Property Market Sees Growth in December 2024, With Higher Registrations and Revenue

Mumbai’s real estate market experienced steady growth in December 2024, with 12,335 property registrations and ₹1,127 crore in revenue, reflecting a 0.4% increase in registrations and a 20.8% rise in revenue from 2023. The number of registrations also rose by 31.8% compared to December 2022, indicating strong recovery and growth post-pandemic. Despite a drop from the high numbers seen in December 2020, the market continues to show resilience with increasing property demand and rising prices.
residential real estate

Residential Property Transactions Soar Past 5.5 Lakh in 2024, Grossing Over Rs. 4 Lakh Crore; Property Prices Surge 60% in Five Years

In 2024, India’s residential property market continued to thrive with nearly 5.77 lakh registered transactions, surpassing Rs. 4 lakh crore in value. This growth, marked by a 60% increase in property prices over the last five years, highlights a strong demand for homes across top cities. Gurugram, in particular, saw remarkable price hikes, with a 132% increase since 2019. The outlook for 2025 remains positive, with expectations of further growth in both demand and supply.

Ruckus at MHADA Office Leads to Cross FIRs Against MHADA CEO and Retired Police Officer

A confrontation at the MHADA office in Mumbai has led to cross FIRs involving MHADA CEO Sanjeev Jaiswal and retired police officer Vijay Chalke. Allegations range from abusive behavior and assault to threats of an encounter. Mumbai Police has launched an investigation into the incident.
"Consulate General of the People's Republic of China signs a landmark 36-month lease agreement for a luxury apartment in Mumbai's prestigious NCPA Apartments, Nariman Point."

Consulate General of the People’s Republic of China Signs Lease Agreement for Apartment in Mumbai

In a significant move, the Consulate General of the People’s Republic of China has signed a lease agreement for a luxury apartment in Mumbai’s Nariman Point. The 36-month deal, finalized on February 29, 2024, includes two car parking spaces and a rent escalation plan over the next three years. The agreement highlights the growing demand for premium real estate in Mumbai by international organizations.