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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.

Birla estates

Birla Estates Sells 97% Units at Gurugram Project, Clocks ₹1,600 Cr in a Month

Birla Estates has sold 97% units at Birla Arika Phase 2 in Gurugram within a month, clocking ₹1,600 crore in bookings and highlighting strong demand for luxury housing in NCR.
Mindspace REIT has acquired a 2.6 million sq ft Grade-A office asset in Chennai for ₹2,541 crore, taking total acquisitions to 6.6 million sq ft and strengthening its presence in key office markets.

Mindspace REIT Acquires ₹2,541 Cr Chennai Office Asset, Expands Portfolio by 2.6 Mn Sq Ft

Mindspace REIT has acquired a 2.6 million sq ft Grade-A office asset in Chennai for ₹2,541 crore, taking total acquisitions to 6.6 million sq ft and strengthening its presence in key office markets.
Real estate stocks opened cautiously even as Indian markets rebounded in early trade. While select developers like DLF and Phoenix Mills showed resilience, broader sector sentiment remains weak, pointing to a volatile and stock-specific trading session ahead.

Realty Stocks Open Weak as Dalal Street Slides; Sector Faces Broad-Based Pressure

Real estate stocks started the day under pressure as Indian markets opened sharply lower. With the Nifty Realty index extending its decline and most developers trading in the red, the sector is set for a volatile session driven by global cues and interest-rate concerns.
In a sharp rebuke to one-sided builder clauses, the Appellate Tribunal has ordered Omkar group to refund nearly ₹1.15 crore with interest to an NRI allottee in the Omkar Meridia project, holding that making refund conditional on selling the flat to a new buyer is unconscionable and against RERA.

Homebuyers Lose Right to Compensation & Rent Refund Once They Accept Delayed Possession

“Once you take possession, you can get interest for the delay — but not compensation for mental harassment or rent paid elsewhere. That’s the clear message from the Maharashtra Real Estate Appellate Tribunal in a landmark Thane homebuyer case.”
Singer Shreya Ghoshal has purchased a ₹29.7 crore luxury apartment in Worli’s Godrej Trilogy, highlighting strong demand in Mumbai’s premium real estate segment.

Shreya Ghoshal Buys ₹29.7 Crore Luxury Apartment in Mumbai’s Worli

Singer Shreya Ghoshal has purchased a ₹29.7 crore luxury apartment in Worli’s Godrej Trilogy, highlighting strong demand in Mumbai’s premium real estate segment.