QUICKREADS

Smartworks rents 8.15 lakh sq ft office space in Mumbai's Hiranandani Group campus

Smartworks Coworking Spaces Ltd has signed a lease for over 8.15 lakh sq ft in Mumbai's Eastbridge, creating one of the city's largest flexible workspaces. Set to open in Q4 2026, the campus will adhere to WELL Certified and IGBC Gold standards. This partnership with the Niranjan Hiranandani Group highlights a commitment to sustainable, innovative office design.

Omaxe Ltd appoints cricketer Harmanpreet Kaur as brand ambassador

Omaxe Ltd has appointed Indian women's cricket team captain Harmanpreet Kaur as its brand ambassador, emphasizing support for sports and infrastructure development. Kaur expressed pride in aligning with Omaxe's vision for empowering youth and communities. The partnership aims to enhance women's participation in sports and includes plans for an international-standard cricket stadium in Delhi, along with various athlete development initiatives.

John Abraham leases an apartment to a publisher in Mumbai's Bandra for ₹7.5 lakh monthly rent

Bollywood actor John Abraham has leased a 2,000 sq ft apartment in Bandra, Mumbai, for ₹7.5 lakh per month for 36 months. The transaction, registered on October 30, included a security deposit of ₹24 lakh. Additionally, Abraham purchased a 5,416 sq ft bungalow in Khar for ₹70.83 crore in December 2023.

Shriram Properties eyes ₹350-crore revenue from villament project in Bengaluru

Shriram Properties Ltd has signed a joint development agreement for a 5-acre site on Bannerghatta Road, Bengaluru, to create a premium villament project worth over ₹350 crore. The project is set to launch in FY26 and aims to enhance the company's mid-premium housing presence. Shriram has delivered 48 projects and aims for significant growth in sales and revenue in the coming years.

India’s real estate market yet to enter ‘takeoff phase’, says Abhishek Lodha

Lodha Developers' CEO, Abhishek Lodha, stated that India's real estate market is still in its early stages, likening it to a plane on the runway. He anticipates a long cycle of growth, driven by a shift from low to mid-income housing. The company reported an 87% profit increase in Q2 FY26, with mid-income sales rising due to government support.

Marriott, Aratt One World to launch luxury hotel in ₹3,500-crore integrated township in Bengaluru’s Electronic City

Marriott International has partnered with Aratt One World to launch a 370-key JW Marriott Hotel in Bengaluru's Electronic City, set to open in 2030. The hotel will be part of a larger ₹3,500-crore mixed-use township spanning 43 acres, featuring residential, commercial, and hospitality components, aiming to create a walk-to-work ecosystem.

SRK turns 60: Top 5 property investments by Bollywood superstar Shah Rukh Khan

As Shah Rukh Khan celebrates his 60th birthday, attention shifts to his real estate investments. His iconic Bandra home, Mannat, attracts tourists and holds sentimental value. Beyond Mannat, he owns properties in Mumbai, Alibaug, Delhi, and a luxurious villa in Dubai, reflecting his successful career and personal life.

Selling property in India? What NRIs should know about capital gains and repatriation rules

NRIs selling property in India should understand the implications of the Double Taxation Avoidance Agreement (DTAA) with their resident country. Tax on capital gains may be levied in both jurisdictions, but foreign tax credits can mitigate liabilities. Compliance with Indian foreign exchange regulations is crucial for repatriating sale proceeds. Additionally, varying tax treatments in countries like the US, UK, and Singapore must be considered.

Do real estate projects that begin sales and marketing only after obtaining an OC require RERA registration?

A prospective homebuyer discovered that a completed apartment project lacked a RERA registration number during his visit. Developers can sell projects post-Occupation Certificate (OC) without RERA registration, but legal experts warn of ambiguity. Homebuyers are advised to conduct thorough due diligence on projects without RERA registration, as exemptions are limited and regulations may vary.

Are Bengaluru’s lake-facing homes worth the premium? Here’s what homebuyers should know before investing

Bengaluru homebuyers are increasingly opting for lake-facing properties, driving prices up by 15-25% compared to non-lake units. Demand for such homes, which offer tranquility and better air quality, has surged in premium areas like Hebbal and Whitefield. However, concerns about flooding and environmental risks have made buyers cautious, prompting a slowdown in new lakefront developments.

Amaravati construction must be completed on time: Andhra Pradesh CM Naidu to officials

Andhra Pradesh CM N Chandrababu Naidu has urged officials to expedite the construction of Amaravati, the state's greenfield capital, ensuring timely completion. During a review meeting, he emphasized maintaining quality, addressing delays from rains, and coordinating resources. Naidu also stressed the importance of supporting land-pooling farmers and prioritizing beautification efforts alongside construction. Regular progress reviews will be conducted every 15 days.

Real estate depreciation: A smart way for property investors to reduce tax bills?

Meera Soni, a Pune doctor, claims 5% depreciation on her clinic's value, reducing her taxable income by ₹2 lakh. The Income Tax Act allows depreciation on properties used for business, impacting tax liabilities. However, selling depreciated commercial properties can lead to higher capital gains taxes. Proper documentation and accurate depreciation claims are essential to avoid common mistakes.

FM India Supply Chain leases 1.31 lakh sq ft at Lodha Industrial Park near Mumbai for ₹33 crore

FM India Supply Chain Private Limited has leased 1.31 lakh sq ft of industrial space at Lodha Industrial Park in Thane for five years, totaling over ₹33 crore. The agreement includes a starting rent of ₹50.37 lakh per month, a security deposit of ₹2.65 crore, and annual rent escalations. The deal was registered on October 28, 2025.

Qualcomm leases 2.56 lakh sq ft office space in Bengaluru for ₹184 cr rent over five years

Qualcomm India Pvt Ltd has leased 2.56 lakh sq ft of office space in Bengaluru's Constellation Business Park for ₹184 crore over five years. The deal includes a monthly rent of ₹2.89 crore, a ₹5 crore security deposit, and a 15% rent escalation every three years. The lease commenced on August 1, 2026, covering multiple floors of the building.

Mumbai real estate: Property registrations fall 14% to 11,200 in October 2025, stamp duty collections down 17%

The Mumbai real estate market anticipates about 11,200 property registrations in October 2025, a 14% decrease from last year. Stamp duty collections also fell by 17%. The decline is attributed to last year's strong festive momentum. Despite this, the market shows resilience, with over 123,000 transactions and stable demand for affordable homes, particularly in suburban areas.