News

The Union Government has officially approved the much-anticipated Neopolis IT Township project in Thiruvananthapuram, marking a major milestone in Kerala’s technology and infrastructure landscape. This ambitious initiative is expected to transform the region into a thriving IT hub, attracting investment, boosting employment, and enhancing urban development. Key Highlights of the Neopolis IT...

In a significant ruling, the Kerala High Court has struck down the imposition of fees on large buildings constructed on converted lands. This decision is expected to bring relief to developers and investors while reshaping the regulatory framework for real estate in the state. The Court’s Verdict The Kerala High Court ruled against the additional fee levied on buildings constructed on lands...

The Kerala government recently announced a landmark decision to exempt the Kochi Metro Rail from property tax, marking a significant step forward for infrastructure development in the state. This strategic move is expected to bolster urban mobility, reduce operational costs for the metro, and set a precedent for sustainable public transport development in India. Why the Exemption Matters The...

The Union Government has given the green light to the ambitious Thiruvananthapuram Neopolis IT Township project, setting the stage for a transformative leap in Kerala’s technological and infrastructural landscape. This development is not just a boost for the state’s economy but also a landmark initiative in redefining India’s IT ecosystem. A Visionary Project for the Future The Neopolis IT...

The Odisha Real Estate Regulatory Authority (RERA) recently took decisive action against a prominent real estate developer, instructing the builder to cease all flat bookings due to significant non-compliance with established norms. This bold move underscores the increasing vigilance of regulatory bodies to ensure transparency, accountability, and consumer protection in the real estate sector. The...

In a landmark decision, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a builder to pay interest to a homebuyer for delayed possession of a flat. This ruling underscores the growing emphasis on protecting homebuyers' rights in India’s real estate market and holds builders accountable for project delays. Background of the Case The homebuyer had booked a flat in a...

In a significant development in Chennai's real estate market, Shriram Properties, a renowned name in the real estate sector, has successfully sold a prime 3.9-acre land parcel for ₹93 crore. This strategic transaction highlights the growing demand for land in key urban areas and reinforces Chennai's position as a thriving hub for real estate investments. The Details of the Deal Shriram...

In a striking testament to the thriving luxury real estate market in Mumbai, Dilip Shanghvi, the promoter of Sun Pharmaceutical Industries, has reportedly purchased two luxurious apartments in Mumbai for a whopping Rs 130 crore. This high-value transaction not only underscores the resilience of the luxury housing sector but also highlights the enduring appeal of Mumbai’s premium real estate. The...

Real estate has long been considered one of the most reliable avenues for building wealth. However, with its enduring popularity come a host of myths that can cloud judgment and lead to misinformed decisions. In this blog, we will explore some of the most common myths about real estate investment and reveal the truths behind them. Myth 1: Real Estate Always Appreciates in Value Fact: While it’s...

The decision to rent or buy a home is one of the most significant financial choices an individual can make. In India, with its diverse real estate market and cultural emphasis on homeownership, the debate between renting and buying remains highly relevant. This article explores the advantages and disadvantages of both options to help you make an informed decision. Renting a Home: Pros and...