CBRE-CII Report: Realty boom in south with leasing increasing in Chennai, Bengaluru, Kochi, Hyderabad

The real estate market in the South is geared for substantial growth, driven by increasing leasing activities in Chennai, Bengaluru, Kochi, and Hyderabad. Ram Chandnani, Managing Director, Advisory & Transactions Services, CBRE India, said he attributed this growth to advancements across education, infrastructure, cost of living, and rental rates. The first half of 2024 saw

MahaRERA fines over 600 housing projects in Mumbai, Pune & Nagpur for not displaying registration numbers

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken suo motu action against 628 housing projects across the state for not displaying registration number as well as QR code in the advertising materials. Collectively, these projects have been penalised ₹88.90 lakh, of which ₹72.35 lakh has been recovered so far. Of the total projects, 312

Raymond board approves real estate business demerger

Raymond has demerged its real estate business into its wholly owned subsidiary under Raymond Realty. Upon completion of this demerger, Raymond and Raymond Realty will operate as separate listed entities within the Raymond Group, post all statutory approvals. Each Raymond shareholder will receive one share of RRL for every one share held in Raymond and