In real estate, size is never just a number it is a signal. Across India’s top cities, homebuyers are sending a decisive message: they are willing to stretch budgets, absorb higher ticket sizes, and recalibrate financial priorities but they are no longer willing to compromise on space. The numbers now validate what market behaviour has […]
When India Chooses Space: The New Geometry of Urban Housingmore
Chennai, Tamil Nadu, India IBI Media Technologies Private Limited, the company behind hyperlocal platforms ChennaiProperties.in, BengaluruProperties.com, CoimbatoreProperty.com, and HyderabadProperties.in, has announced the acquisition of the RoofandFloor brand from KSL Digital Ventures Limited, one of the companies of The Hindu group. RoofandFloor.com is one of India’s most trusted and recognised digital real estate platforms and will henceforth […]
IBI Media Technologies Private Limited Announces the Acquisition of the RoofandFloor Brandmore
MADURAI: High-level committees would be established in corporations and municipalities throughout the state to monitor and prevent unauthorized projects, the state notified the Madras High Court on Thursday. The state contended that the government had called a meeting by a previous directive that suggested the creation of committees to oversee and stop unauthorized building in […]
Panels will be established to stop unauthorized building: Tamil Nadu to the High Court.more
COIMBATORE ERODE, CHENNAI: On Tuesday, income tax investigators conducted concurrent searches at various locations in Chennai, Coimbatore, Erode, and Namakkal that were connected to real estate firms, pumpset manufacturers, and construction companies operating in Coimbatore and Erode. Searches were conducted at 7 locations in Coimbatore and 10 locations in Chennai, including Aminjikarai, Anna Nagar, Egmore, […]
Tamil Nadu: The Income Tax Department raids seven locations owned by businesspeople and real estate companies.more
CHENNAI: Following the RBI’s cancellation of the Housing Finance Company’s certificate of registration (CoR), the public sector Indian Bank would wind up its subsidiary Ind Bank Housing Ltd (HFC). Reporters in Chennai were informed on Thursday by Indian Bank MD & CEO SL Jain that Ind Bank Housing has not operated for the last 20 […]
After the RBI eliminates the CoR, Indian Bank will close down Ind Bank Housing.more
NEW DELHI: According to rating agency ICRA, housing sales increased 11% in volume across seven cities in the third quarter of this fiscal year due to stronger demand. “The reported sales in Q3 FY2023 in the top seven cities in India were 149 million square feet (msf), the highest quarterly sales recorded in over ten […]
In Q3 FY23, housing sales increased 11% in volume across seven cities, according to ICRA.more
CHENNAI: The increased property tax regime in Chennai and Coimbatore corporations is unavoidable. The Madras high court upheld the legal implications of a government order rising it in the two cities on Tuesday. Despite dismissing a slew of petitions challenging the councils’ resolutions and the subsequent GO raising the property tax, Justice Anita Sumanth reserved […]
The Madras High Court has upheld a property tax increase in Chennai and Coimbatore.more
Certus Capital’s digital neo-financing platform Earnnest.me has decided to invest over Rs30 crore in a premium boutique residential development of real estate developer EON Group in Mumbai’s Prabhadevi neighborhood. The investment with EON Group is part of Certus Capital’s strategy to deploy approximately Rs 500 crore in senior secured real estate credit deals through Earnnest.me […]
Certus Capital invests Rs30 crore in a Prabhadevi housing project.more NEW DELHI: According to the Magicbricks Proplndex report for Q3, 2022, aggregate demand (searches) in India’s top 13 cities increased 7.3% YoY (year on year), while cumulative supply (listings) increased 6.0% YoY. According to the report, aggregate demand and cumulative supply fell slightly year on year (quarter on quarter). Greater Noida, Gurugram, Bengaluru, and Mumbai […]
Housing demand in India is up 7.3% year on year, while supply is up 6%.more
CHENNAI: According to Palanivel Thiaga Rajan, Tamil Nadu’s finance and human resource management minister, the state is considering developing flagship housing projects in collaboration with Singapore firms. On Tuesday, he said there is a cultural and natural connection between Singapore and Tamil Nadu to collaborate in a few areas during a panel discussion titled “Partnering […]
Tamil Nadu will investigate the possibility of collaborating on housing projects with Singapore.more
