Hyderabad: Plot in Thorrur fetches ₹45,000 per sq yard in auction

Open plots in Thorrur and Bahadurpally saw strong demand at a recent auction, with prices reaching Rs 45,500 and Rs 40,500 per square yard respectively. The Rajiv Swagruha Corporation auctioned 85 plots, attracting 150 bidders. Thorrur's proximity to the ORR and Adibatla IT corridor drove high bids, while Kurmalguda's closeness to Shamshabad airport also boosted prices.

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Only Ambuja in fray for Jaypee Cement, submits ₹580 crore bid

In a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this bid falls short of the company's liquidation value, prompting lenders to engage in discussions with Ambuja for a more favorable offer.

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Commercial plot price hits ₹758 crore in heart of Noida

Noida Authority is launching 35 plots across industrial, institutional, commercial, and hotel categories, with prices ranging from Rs 65 lakh to Rs 758 crore. This move anticipates increased investor interest driven by the upcoming Noida International Airport, scheduled to open on June 15. The plot scheme opens on May 19.

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Delhi development body picks TOD plots to push affordable housing

Delhi Development Authority has identified 14 land parcels along metro corridors for affordable housing and mixed-use development. These sites, totaling over 3.6 lakh square meters, aim to promote Transit-Oriented Development (TOD) and curb outward migration. A portal will be created for developers to submit proposals under the new policy.

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Godrej family buys two apartments in Mumbai's Worli for ₹294 crore

Godrej family scion Tanya Dubash has purchased two sea-facing luxury apartments in Mumbai's Worli for over Rs 294 crore, making it one of the country's most expensive residential deals. The ultra-luxury tower Naman Xana has attracted other high-profile buyers, highlighting continued demand for premium Mumbai residences as legacy assets.

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Uber leases over nine lakh sq ft Hyderabad office through 10-year lease for GCC

Uber India Systems has secured a massive office space in Hyderabad. The company will occupy over 9 lakh square feet for a decade. This deal is valued at nearly Rs 839 crore. It highlights Uber's growing commitment to India. Hyderabad continues to attract global companies for technology and operations.

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Haryana rolls out online mutation process to curb property fraud

Haryana has launched an auto-mode mutation system to combat property fraud, particularly preventing single plots from being sold multiple times. This online system automatically processes mutations upon property registration, eliminating the need for buyers to visit patwar offices and significantly reducing pending cases across the state.

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