The actual work on the project is expected to commence by the first week of May.

The co-living market in India is evolving at a rapid pace, with investments from national and international institutional investors bringing in much-needed seed capital as well as future rounds of funding thereby allowing a new business model to thrive and aim towards achieving scale.

Goregaon in Mumbai is a western suburb which boasts of good infrastructure and hosts well-known malls and offices. It is a well-developed residential-cum-commercial area comprising good physical and social infrastructure. Find out other highlights.

The Greater Noida Industrial Development Agency (GNIDA), under whose jurisdiction are the housing projects in Noida Extension where land acquisition cases had stopped work, has spelt out these conditions.

As per the IBC bill, pending applications by home buyers against developers, which have not been admitted will have to meet the new requirements within 30 days of commencement of the Act, failing which the application shall be deemed to be withdrawn.

The plot has development potential of about 18,000 sq ft to 22,000 sq ft depending on the proposed usage, said property brokers operating in South Mumbai.

Mumbai accounted for 6 of the top 10 and 37 of the 100 names being its residents. Delhi and Bengaluru accounted for 19 residents each featured on the list. Almost 75% of the richest Indians from the real estate are based in these three cities.

Buyers of prime residential properties in Mumbai are expected to remain cautious due to deteriorating economic environment impacting market liquidity and an additional 1% stamp duty being levied by the Maharashtra government, Knight Frank said.

Over 22,000 Jaypee Infratech homebuyers had opted for internal voting that started on Wednesday, but it was put on hold after some buyers raised objection on the legality of it. The buyers have also approached the Insolvency and Bankruptcy Board of India regarding the internal voting issue.

On Tuesday, UP government had approved the zero-period policy under which builders will be excused from paying interest on outstanding land dues for the years when litigation stopped construction work.

“We are in touch with Nasscom to showcase Noida better and change the perception of law and order among IT and software companies,” said Geetamber Anand, chairman of Noida-based ATS Group.

A recent survey based on over 50,000 responses received by Local Circles, a community platform, pointed out that cash continues to dominate the real estate market despite the demonetisation of high-value currency notes three years ago.