Square Feat India

🚨 Deadline Extension for MHADA Konkan Board Housing Lottery 🚨

MHADA has extended the deadline for submitting applications for the Konkan Housing Board lottery, offering 2,264 flats for sale, until December 24, 2024, at 11:59 PM.

Key Details:
✅ EMD Payment Deadline: December 26, 2024
✅ Lottery Draw: January 21, 2025

This extension allows more time for applicants to register and secure their chance to own a home under various housing schemes, including the Inclusive and Integrated Housing Schemes.

Visit [housing.mhada.gov.in](housing.mhada.gov.in/) to apply and seize this opportunity!

#MHADA #HousingLottery #RealEstate #AffordableHousing #UrbanDevelopment #KonkanHousing #HousingScheme

1 year ago | [YT] | 3

Square Feat India

**Gurgaon's Chintels Paradiso Declared Unsafe: A Stark Reminder for Modern Real Estate**

Chintels Paradiso, completed in 2011, will soon be entirely demolished after all nine towers were deemed structurally unsafe. This marks another shocking incident in NCR, following the demolition of Noida's Supertech Twin Towers.

The decision follows extensive assessments citing severe structural flaws, including corroded reinforcement and substandard concrete. Residents face the daunting challenge of displacement and rebuilding their lives.

This serves as a wake-up call for stricter quality control in real estate. Accountability and safety must take precedence over profit.

#RealEstate #StructuralSafety #NCRNews #Accountability #ChintelsParadiso

1 year ago | [YT] | 3

Square Feat India

Retail boom in 2024: Mall vacancy hits 6-year low

- Vacancy drops to 8.3% in H1 2024, down from a high of 15.5% in 2021
- Over 3.1 mn sq ft leased; watches and jewelry make up 6% of leases
- Upcoming supply focused on NCR, MMR, and Hyderabad, accounting for 85% in the next 4-5 years

Retailers are opting for smaller spaces, with 70% of leases under 2,500 sq ft.

#RetailGrowth #MallLeasing #RetailSpaces #RealEstateTrends #2024Updates #RetailIndustry #UrbanDevelopment

1 year ago | [YT] | 4

Square Feat India

K Raheja Corp has successfully acquired two prime properties in South Mumbai’s Tardeo locality for ₹355 crore, marking a significant expansion in the region’s real estate market. The acquisition includes Bayside Mall, one of India’s early shopping malls, and the Popular Press Building.

The deal was executed through K Raheja Corp’s subsidiary, Ivory Property Trust, and was registered in August 2023, with a stamp duty payment of ₹21.30 crore. This move follows K Raheja Corp’s earlier acquisition of Central Mall, signaling their continued focus on high-value properties in prime locations.

This acquisition highlights K Raheja Corp’s strategy to further strengthen its portfolio in South Mumbai and unlock future development potential.

#KRahjeaCorp #RealEstate #MumbaiProperties #BaysideMall #PropertyAcquisition #CommercialRealEstate #Tardeo #IvoryPropertyTrust #AAAholding #MumbaiNews #PropertyInvestment #CommercialDevelopment #SouthMumbai

1 year ago | [YT] | 3

Square Feat India

RBI keeps the repo rate unchanged at 6.5%, bringing relief to borrowers as lending rates remain steady.

For home loan borrowers, this means interest rates will not increase, providing stability for financial planning and long-term commitments.

In uncertain times, such policy decisions play a crucial role in supporting both borrowers and economic momentum.

How do you see this move impacting borrowing and investments in the coming months? Share your thoughts.

#RBI #RepoRate #HomeLoans #FinanceUpdate #EconomicStability #Borrowing

1 year ago | [YT] | 3

Square Feat India

🏢 Strategic Acquisition by House of Abhinandan Lodha 🏙️

The House of Abhinandan Lodha has successfully acquired the American Center in Mumbai for ₹56 crore. Located in the prime Marine Lines area, the seven-storey building sits on a plot of 1,337.81 sq m, marking a significant move in the city's ever-evolving real estate landscape.

This acquisition, from The Secretary of State of The United States of America, reflects the growing demand for premium commercial properties in key locations of Mumbai, further solidifying Lodha Group's position in the market.

#RealEstate #PropertyAcquisition #Mumbai #LodhaGroup #CommercialRealEstate #BusinessExpansion #StrategicInvestments #MumbaiRealEstate #InnovationInRealEstate #LeadershipInRealEstate

1 year ago | [YT] | 4

Square Feat India

MahaRERA has successfully recovered ₹200.23 crore in compensation for homebuyers across Maharashtra, ensuring timely relief for those affected by real estate project delays. To boost recovery efforts, retired Tahsildars will be appointed in key districts. #MahaRERA #HomebuyerRights #RealEstate

1 year ago | [YT] | 4

Square Feat India

Mumbai Property Market Sees a Decline in Registrations 📉

In November 2024, Mumbai witnessed 10,216 property registrations, down from 12,958 in October 2024. This marks a noticeable dip in the city’s real estate activity, signaling a potential slowdown in the market.

Several factors, including seasonal changes and market adjustments, could be contributing to this decline. As we approach the year’s end, it will be interesting to observe how the property sector navigates these fluctuations and whether this trend persists into the upcoming months.

Real estate professionals and investors are keeping a close watch on these developments as they assess the market’s trajectory for 2025.

#MumbaiRealEstate #PropertyMarket #RealEstateTrends #Mumbai #MarketUpdates #RealEstateNews #BusinessInsights #Maharashtra

1 year ago | [YT] | 2

Square Feat India

India's residential real estate market is set for improved affordability in 2025, driven by anticipated **interest rate cuts**. Lower borrowing costs could open up new opportunities for buyers and investors. #IndianRealEstate #HousingMarket #InterestRateCuts

1 year ago | [YT] | 4

Square Feat India

Paradigm Realty Pays Off Rs 175 Crore Debt to Edelweiss Financial Services Early

Mumbai-based Paradigm Realty has announced the early repayment of a Rs 175 crore debt to Edelweiss Financial Services Ltd, settling the obligation two quarters ahead of schedule. The move reflects the company's strengthened financial position and its ongoing efforts to streamline liabilities as part of its broader financial strategy.

This debt pre-payment positions Paradigm Realty to further focus on its growth plans in Mumbai’s competitive real estate sector.

#ParadigmRealty #Edelweiss #DebtRepayment #RealEstate #MumbaiBusiness #FinancialNews

1 year ago | [YT] | 2