Browsing Tag

Real Estate

375 posts
Court Order

Mumbai Developers Face 3 Months Imprisonment in Landmark RERA Case

The Maharashtra Real Estate Appellate Tribunal has ordered the arrest and three-month imprisonment of Neptune Developers’ judgment debtors for failing to comply with attachment warrants and notices under RERA provisions. This landmark ruling highlights stricter enforcement to protect homebuyers and ensure developer accountability.
Nirmala Sitharaman to present the union budget

Real Estate Sector Pins Hopes on Union Budget 2025-26 for Revival Measures

The real estate sector is looking to Union Budget 2025-26 for much-needed support amidst declining activity. Affordable housing remains a key focus, with industry experts urging measures such as the reinstatement of the Credit-Linked Subsidy Scheme, revised price caps, and tax incentives. Infrastructure development is also expected to drive long-term growth.
Lodha

Lodha Group Reports Pre-Sales of ₹45.1 Billion in Q3FY25

Lodha Group reported record-breaking pre-sales of ₹45.1 billion in Q3FY25, reflecting a 32% YoY growth. Collections surged by 66% to ₹42.9 billion. The company added eight new projects in FY25 and expanded into Bengaluru and NCR’s digital infrastructure sector. Net debt reduced by ₹6.1 billion, underscoring Lodha’s strategic growth and financial discipline.
Ghajini producer Madhu Mantena expands his investments

Ghajini Producer Madhu Mantena’s Company Acquires Multiple Apartments Worth Rs. 25.75 Crore in Mumbai

Madhu Mantena, the acclaimed film producer behind Ghajini and Queen, has made a significant investment in Mumbai’s luxury real estate market. His company, Big Bang Mediaverse, acquired three premium apartments in Juhu for a total of Rs. 25.75 crore, further expanding his business interests.
India’s HNIs and UHNIs are growing rapidly in 2024

The Rise of Indian HNIs and UHNIs in 2024: A New Era of Wealth and Influence

India’s population of high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) is surging in 2024, fueled by tech, start-ups, and real estate. With a growing focus on luxury consumption, global investments, and sustainability, India’s wealthy are reshaping the global economic landscape, with younger entrepreneurs at the forefront of this transformation.