BUYERS

Large and mid-sized corporations are likely to acquire film production houses due to rising operational costs. With the changing dynamics of filmmaking and shrinking revenues, production houses are working on thin margins. Corporations aim to levera...

India's luxury housing market is surging, driven by affluent buyers seeking exclusivity and high-end living. Key cities like Mumbai, Delhi-NCR, and Bengaluru are leading, with Mumbai accounting for 84% of ultra-luxury sales. Despite fewer units sold...

India's real estate market is experiencing a surge in demand for luxury homes, driven by evolving lifestyles and aspirations. Buyers prioritize luxury homes offering convenience, amenities, and a holistic living experience. This shift is fueled by r...

The Mumbai-based automaker on Tuesday made its first full-fledged foray into India's nascent EV market with the introduction of two pure electric models. These are the first two "born electric" models based on the company's latest INGLO vehicle arch...

RERA: Telangana Real Estate Regulatory Authority (RERA) recently passed a judgement ordering a builder to refund the advance money fully. This is because the RERA authority found that the builder drafted a one-sided agreement and also did not sign t...

The National Company Law Appellate Tribunal (NCLAT) has narrowed down insolvency proceedings against Raheja Developers to just its 'Raheja Shilas' project. The tribunal has also requested a detailed report from the Interim Resolution Professional (I...

Senco Gold celebrated record-breaking sales this October, exceeding ?1,000 crore during India's festive season. Despite record high gold prices, demand surged, fueled by a duty cut and strong rural buying. However, recent price dips following the US...

Indian retailers are preparing for the upcoming winter shopping season despite a slowdown in consumer spending. They are ensuring ample inventory to avoid missing sales opportunities. While demand for winter wear has been unpredictable in recent yea...

Magicbricks, a real estate platform, has introduced a new 'Site Visit Product' to simplify property searches for buyers. The service curates properties based on buyer preferences and manages visit logistics, leading to a more efficient and streamlin...

MahaRERA: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced clause 15A in the model agreement for sale. This clause recognises the right of real estate agents (brokers) into getting paid their commission. Jayesh Rathod from ...

The Massachusetts Supreme Judicial Court gave its landmark verdict on who should keep the engagement ring- bride or the groom- after the wedding is called off. The court overturned a six-decade-old state rule that required judges to determine the pa...

Homebuyers are making quicker decisions, reaching pre-pandemic levels. Luxury home buyers, taking only 15 days to commit, are driving this trend. Despite rising property prices, strong demand and trust in branded developers are contributing to this ...

The Insolvency and Bankruptcy Board of India (IBBI) has proposed new rules that could expedite the resolution process for bankrupt real estate firms. The proposed changes would allow for the transfer of property ownership to buyers who have paid the...

RERA: The Maharashtra Appellate Tribunal (MahaREAT) has ruled that a promoter cannot arbitrarily forfeit advance money paid for a flat. The promoter must show a just and reasonable cause or show that due to the booking cancellation the promoter face...

Though the primary realty market is booming, resellers are having a hard time finding buyers. Find out what you can do.

The government-owned NBCC has sought the permission of the Supreme Court to develop and complete 17 projects that have been stalled or are partially constructed by the troubled real estate firm Supertech. Approximately 27,000 distressed home buyers ...

The state-owned NBCC has put forward a three-year construction schedule to provide reassurance to numerous homebuyers. The objective of the plan is to finalize the construction of 50,000 apartments across 17 projects of Supertech, which is currently...

A total of 538 individuals who have purchased homes and have paid at least 80% of the cost but have not fulfilled a necessary claim under the Insolvency & Bankruptcy Code are now allowed to settle their debts. According to the updated proposal endor...