Latest real estate news weekly round up (9th March 2022 to 15 March 2022) curated from the finest sources of the nation.


In what is pegged to be the most expensive land deal in the Bodakdev area of Ahmedabad, the sale of a 10,000 sq. yd. plot in the area was closed recently for a whopping Rs.250cr. The plot was bought by Madhav Group. Sources said this is the biggest land deal in Ahmedabad this year. Real Estate Consultant said, “Even though plotting schemes were high in demand, there were no major land deals in Ahmedabad since Diwali.”


Rajasthan Flat Prices to Rise from April. The Confederation of Real Estate Developers Association of India (CREDAI), has stated that as the cost of raw materials has increased, a hike to 10-15 % will be increased in the prices of apartments and villas from April. Bangalore Flat Owners gets Notices over Unauthorised Construction.


Bruhat Bengaluru Mahanagara Palige(BBMP) has issued notices over to thousands of flat owners over unauthorized Construction. The owners were given three days to submit the necessary documents before ruling these properties unauthorised. Chintels Paradiso Tragedy: Residents Collect Money to File a Case in SC.


Almost a month later after the Chintels Paradiso Tragedy in Gurgaon, the residents’ pools together to raise money to file a case in the Supreme Court. The residents have pooled around 40 lakhs and have approached some of the major names in the SC.


The Maharashtra government will once again start collecting 1% metro cess on property purchase from April 1 in MUBAI, THANE, NAGPUR and PUNE. Due to the metro cess, stamp duty on property registrations will go up by 1%.