After a Decade of Waiting, MahaRERA Orders Homebuyer to Settle Remaining Payment for Flat Booking

On October 17, 2024, MahaRERA issued a significant order in the case of Rajendra Bhabutmal Shah vs. Shatrughan Bhanudas Chavare, instructing the homebuyer to pay the outstanding balance for a flat booked nearly ten years ago. This decision emphasizes the need for adherence to contractual commitments in real estate dealings.

Young Homebuyers (18-34 Years) Betting Big on Real Estate: Key Insights on Cities and Budgets

A recent Housing Sentiment Index report reveals that young homebuyers aged 18-34 are showing strong interest in real estate, with a preference for properties priced between Rs 20-75 lakh. Key investment locations include Gurugram, Hyderabad, and Ahmedabad, driven by infrastructure growth and a focus on affordability.

Minimalist Hotels Launches Coworking Spaces

Minimalist Hotels has introduced coworking spaces at its locations in Goa, Delhi, and Varanasi, merging café environments with productive work areas for digital nomads. This initiative caters to remote workers, offering flexible and inclusive spaces designed for creativity and collaboration.

Indian Warehousing Demand Projected to Reach 1.2 Billion Sq. Ft by 2027, According to JLL

The Indian warehousing sector is on the verge of significant growth, with demand expected to reach 1.2 billion sq. ft by 2027. A recent JLL report highlights the rise of Grade A warehouses and the emergence of Tier II and III cities as key players in this transformation, driven by e-commerce and third-party logistics.

Colliers Project Leaders Wins $250 Million World Trade Center Yerevan Project

Colliers Project Leaders has secured a $250 million contract to manage the development of the World Trade Center in Yerevan, Armenia. This mixed-use project will include commercial spaces, offices, and hotels, aiming to become a landmark in the city.