Neminath Group

The Villa Les Cèdres on the French Riviera is up for sale. What makes it special? This is right now the world’s most expensive property for sale at a whopping $410 million.

Jaypee group has identified certain assets which it can sell to deposit Rs 600 crore that will be used to refund the aggrieved homebuyers. The assets include a cement plant at Rewa in Madhya Pradesh.

Vishad P Mafatlal, managing director, Mafatlal Denims has purchased a luxury duplex apartment in Lodha Group’s Altamount towers. Located at Altamount Road in south Mumbai, the apartment has been purchased for Rs 89 crore while Rs 4.45 crore has been given as stamp duty. The bare-shell apartment is spread in an area of 10,000 sqft and sits on the 10th and 11th floor of the tower. Here’s all you need to know about the apartment and the project.

In what is being touted as one of the biggest apartment deals in the country, RPG Group Chairman Harsh Goenka has bought a five-bedroom luxury sea-facing unit in Mumbai’s Malabar Hill for Rs 45.2 crore from Citibank India. The property, say media reports, was sold through an auction conducted by the bank recently.

The Gautam Budh District Administration may not have given in to the demands of real estate developers to lower circle rates, but it certainly has given them enough reason to cheer by way of lower surcharge on common facilities in group housing societies. The decision that was taken on July 11 and that comes into effect on August 1 would also significantly lower the cost of purchasing flats in Noida’s housing societies for homebuyers.