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Princeton Digital Group (India) Management Pvt Ltd has leased 1 million sq ft of space in three buildings of Airoli Knowledge Park near Mumbai for a monthly rent of <span class='webrupee'>₹</span>10.42 crore from Gigaplex Estate Pvt Ltd. (Photo for representational purposes)

Princeton Digital Leases 1 million sq ft in Airoli Knowledge Park near Mumbai for 10.42 crore monthly rent

Princeton Digital Group leased 1 million sq ft in Airoli Knowledge Park near Mumbai from Gigaplex Estate for ₹10.42 crore monthly rent. The 20-40 year lease includes annual rent escalations and 81 parking spaces, marking a strategic data centre expansion.

TCS has leased 10.18 lakh sq ft of office space in Hyderabad's financial district, an IT suburb in Serlingampally Mandal, for <span class='webrupee'>₹</span>4.3 crore monthly rent. (Representational photo)

Hyderabad real estate: TCS leases 10 lakh sq ft office space in financial district for 4.3 crore monthly rent

TCS leased 10.18 lakh sq ft office space in Hyderabad's financial district for ₹4.3 crore monthly rent. The 15-year lease includes rent-free initial months and annual 12% rent increase, with extensive parking facilities across 18 floors.

India real estate update: The prices of the residential segment in eight cities of the Indian real estate market have cooled down, and there has been a moderation in the growth. (Picture for representational purposes only)

Indian residential market prices cool down as growth moderates, Bengaluru and Hyderabad drive growth: report

Indian residential property prices slow down, with Bengaluru and Hyderabad driving modest 5% quarterly growth. Major markets like Delhi NCR and Mumbai show price stability, signaling a cautious, consolidating real estate market in Q1 2025.

Tribeca Developers, India's licensed partner of the Trump Organization, announced on May 7 the appointment of Dharam Mehta as the Managing Partner of Tribeca Estates, the company’s newly launched vertical.

Tribeca Developers names Dharam Mehta as Managing Partner for new vertical on villa and hospitality projects

Tribeca Developers appoints Dharam Mehta as Managing Partner for new vertical focused on plotted developments, villas, and hospitality projects. Mehta brings two decades of real estate experience from WeWork India and Phoenix Workspaces to drive strategic expansion.

MHADA Mumbai Lottery 2025: The Maharashtra Housing and Area Development Authority is expected to announce the draw for approximately 5,000 affordable homes around Diwali 2025

MHADA lottery 2025: 5,000 affordable homes set to go on sale in Mumbai this Diwali, says Maharashtra housing authority

MHADA plans to release 5,000 affordable homes in Mumbai by Diwali 2025, with lottery draw expected in September-October. Homes will be located across Mumbai, with online applications for various income groups, following last year's successful housing initiative.

Mumbai real estate update: Bollywood actor Ajay Devgn has rented an office unit in Mumbai’s Andheri West area for Rs. 5.47 lakh monthly.

Ajay Devgn leases office space of over 2,500 sq ft in Mumbai's Andheri for 5.47 lakh monthly

Bollywood actor Ajay Devgn leased a 2,545 sq ft office in Mumbai's Andheri West for Rs 5.47 lakh monthly. The five-year lease, running from May 2025 to April 2030, includes a security deposit of Rs 16.42 lakh, with rent increasing after three years.

India real estate update: Mumbai, Bengaluru, and Delhi have been ranked among the top 15 global cities for prime residential price growth in Q1 2025. (Picture for representational purposes only)

Bengaluru, Mumbai, Delhi among top 15 global cities for prime residential price growth: Knight Frank report

Indian cities Bengaluru, Mumbai, and Delhi rank among top 15 global prime residential markets, with Bengaluru leading at 8.3% annual price growth, reflecting strong end-user demand and economic stability in Q1 2025.

Homebuyers guide: Several Reddit users discussed the concern online, noting that a homebuyer cannot claim compensation for any defaults if the promises are not mentioned in the agreement. (Picture for representational purposes only)

Homebuyer promised free add-ons by the developer during flat purchase? Here’s why it must be mentioned in the agreement

A homebuyer in Pune discovered that promised add-ons like a modular kitchen and ACs must be documented in the sale agreement. Legal experts advise explicitly listing all amenities to ensure protection under RERA and enable potential compensation if developers default.

A Bengaluru apartment rental listing has sparked widespread debate on social media after a landlord posted his apartment for rent with a <span class='webrupee'>₹</span>8 lakh deposit and <span class='webrupee'>₹</span>1 lakh rent for a 3BHK. (Representational Image)

Bengaluru real estate market's rental listing with 8 lakh deposit for a 3BHK sparks debate on social media

A Bengaluru rental listing demanding ₹8 lakh deposit for a 3BHK apartment sparked social media debate. The city's high rental deposit norms, ranging from 6-10 months' rent, reflect landlords' leverage in a competitive real estate market with limited affordable housing.

Mumbai real estate update: Bollywood actor Akshay Kumar has sold six properties in the Mumbai real estate market over the past two months, earning returns of over <span class='webrupee'>₹</span>103 crore

Check out Akshay Kumar's return on investment from the sale of six properties in Mumbai

Akshay Kumar sold six Mumbai properties in two months, earning over ₹103 crore. Transactions include luxury apartments and a commercial space in Borivali, Worli, and Lower Parel, with investments yielding 65-89% returns.

Mumbai redevelopment news: Man Infraconstruction Limited (MICL), a listed real estate developer, plans to launch an ultra-luxury project with luxury apartments priced at above <span class='webrupee'>₹</span>1 lakh per sq ft in Mumbai’s upscale Pali Hill locality of Bandra.

Aamir Khan’s housing society will have luxury apartments priced above 1 lakh per sq ft post redevelopment

Aamir Khan's Bandra housing society in Mumbai will be redeveloped by MICL with ultra-luxury apartments priced above ₹1 lakh per sq ft by December 2025, targeting high-end real estate market despite current segment sluggishness.

Bengaluru recorded home sales of 15,340 units between January and March 2025, down by 10% from 16,995 units in the same period last year, a report by JLL India said. (Representational Image)

Bengaluru records 15,340 units of housing sales in Jan-March 2025, down by 10% YoY: JLL report

Bengaluru's housing market saw 15,340 unit sales in Q1 2025, a 10% YoY decline, despite 20,484 new unit launches. Premium apartments dominated sales, with prices rising 13% driven by IT sector growth and infrastructure development.

Real estate firm Vardhman Amrante, a part of Oswal Group, has announced plans to invest <span class='webrupee'>₹</span>1,350 crore in Punjab over the next three years.(Representational photo)

Oswal Group-backed Vardhman Amrante to invest 1,350 crore in Punjab over next three years

Vardhman Amrant, backed by Oswal Group, plans to invest 1,350 crore in Punjab over three years, focusing on residential, commercial, and industrial sectors, primarily in Ludhiana, to redefine the region's urban landscape.

Mumbai-based listed real estate developer Oberoi Realty has announced the launch of Elysian Tower D at Oberoi Garden City in the Goregaon area of Mumbai. (Picture for representational purposes only)

Oberoi Realty sells 2.1 lakh sq. ft. of apartments worth 970 crore in Mumbai's Goregaon

Oberoi Realty sold 2.1 lakh sq. ft. of apartments worth Rs 970 crore in Mumbai's Goregaon, launching Elysian Tower D at Oberoi Garden City. The mixed-use project spans 80 acres, offering 3- and 4-BHK residences amid varied amenities.

The SC has reaffirmed after severance of status in a joint Hindu family, each member’s share becomes self-acquired, allowing them to sell, gift or transfer

Supreme Court reaffirms that property shares become self-acquired after a joint family split, granting the right to sell

Supreme Court confirms that after joint family property partition, individual shares become self-acquired. Members can sell, transfer, or bequeath their specific property share without family approval, granting full ownership rights.

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Thursday, May 08, 2025
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