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.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/spkVNQi
via IFTTT

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.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/pNj7arE
via IFTTT

Concorde targets ₹650 crore sales in FY27, to deploy ₹200 crore for new projects

Bengaluru-based developer Concorde is targeting higher sales in FY27 after closing FY26 with sales of about ₹450 crore and recognised revenue of ₹395-400 crore. The company plans to launch 1.5-2 million sq ft during the year, increase its outright land purchase budget and focus largely on mid-segment housing priced between ₹1.5 crore and ₹2.5 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/QFK4D6V
via IFTTT

NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for ₹1,684 crore

The National Stock Exchange of India has made a bold move by leasing a coveted 2.7-acre site in the bustling Bandra-Kurla Complex of Mumbai for the next 80 years, with a lease premium amounting to Rs 1,684 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/BcJLIGk
via IFTTT

CBI files chargesheet against Logix City Developers, bank officials in homebuyers' fraud case

The Central Bureau of Investigation has filed a chargesheet against Logix City Developers Pvt. Ltd. and its directors. Officials from ICICI Bank and HDFC Bank are also named. They are accused of conspiring to cheat homebuyers and financial institutions. The builder allegedly used false assurances and deceptive means. This caused wrongful loss to investors and banks.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/YTWkzxR
via IFTTT

India's USD 1.5-billion proptech market is booming - but almost no one is making money

A deep-dive brokerage report reveals a sector caught in a structural bind: residential real estate transactions have hit record highs, yet the digital platforms riding that boom, from listing portals to transaction brokers to home interior firms, are burning cash, losing the advertising war to Google and Meta, and scrambling to reinvent themselves by piling into each other's businesses.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/rJV63ti
via IFTTT

War puts brakes on UAE realty boom as Dubai projects face delays

The current turmoil in West Asia is having a notable effect on the property market in the UAE. Developers are experiencing significant delays in delivering new homes due to ongoing supply chain challenges and soaring costs.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/tQFT0dj
via IFTTT