Motilal Oswal Alternates (MOA), the alternative investment arm of the Motilal Oswal Group, has made its first investment of Rs 450 crore in Shapoorji Pallonji Real Estate, against two of developer group's projects.

Adani Group has won the bid for the redevelopment of Mumbai's Dharavi area, one of the largest slum clusters in Asia.

The Maharashtra government authorities, on November 29, opened the financial bids for the Dharavi redevelopment project.

The amnesty scheme rolled out by the state government to regularise unauthorised constructions fetched over Rs 120 crore for the exchequer, informed Housing and Urban Development Minister Usha Devi in the Assembly on Tuesday. The minister said the state government introduced Schemes for Regularisation of Unauthorised Construction in 2018 and 2019.

Buying a house is a very emotional decision and has a huge financial impact, so an increase in income usually leads to a rise in demand for bigger homes.

With over 6.97 million sq ft of space leased to startups in the first half of 2022, the industry is pegged to be one of the top office occupiers in the coming years, according to JLL's report titled "A startup's guide to office space".

The average annual prices of real estate in Mumbai, Bengaluru, and New Delhi jumped in the third quarter (Q3) of 2022, property consultant Knight Frank said in a report.

Power utilities are working on revising the electricity load norms in the state and a decision on this is likely to be taken soon, said PC Meena, managing director, Dakshin Haryana Bijli Vitran Nigam (DHBVN) while addressing developers at the Haryana Real Estate Summit 2022, organised by National Real Estate Development Council (Naredco), a regulatory body of builders, in Gurugram on Tuesday.

Haryana Power Minister Ranjit Singh on Tuesday assured industrialists that the state government will try its best to resolve all issues related to electricity supply so that economic development does not suffer.

Haryana Real Estate Regulatory Authority (RERA), Gurugram Chairman K K Khandelwal on Tuesday said its prime objective is to regulate the realty sector without hampering development and asked builders to comply with orders passed by the regulator. Khandelwal noted that the authority has given ample amount of time to builders to comply with orders and has so far not taken any harsh decisions.