Weekend Digest - Top Stories

Weekend Digest - Top Stories

Welcome to the latest edition of PNT Real Estate Recap! Through our digital only newspaper, we aim to provide a 360 degree coverage of the latest events, stories, updates and occurrences from the real estate industry.

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| Top Stories

Diligence is not an Indulgence

Author: Balaji Rao

Technology has made access to information quick and easy. Even so, most people fail do research or conduct a thorough due diligence before making big investment decisions. For any real estate investment, the technical, legal and commercial aspects of a property should be well understood. It is wise to use the services of structural consultants, lawyers and financial advisors to ensure you are making an informed decision. Research and due diligence is a necessity, not an indulgence. When you undermine its importance you not only risk your present but also the future of those inheriting your investment.

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Kolkata Metro Line 6: RVNL completes basic work for Orange Line's underground tunnels

Delhi Metro Phase-IV: Cabinet approves 26.5-km Rithala-Kundli metro corridor

Delhi Metro Phase 4 expansion to include over 40 kilometres of underground corridors

Surat Metro Phase I nears completion, promising connectivity and economic growth

Pune Metro expands with Line 3 to ease commutes and boost connectivity in IT hubs

Thane Metro project promises sustainable growth and seamless connectivity by 2029

Agra Metro Phase 1 progresses toward 2026 completion

Thane Creek Bridge: Mumbai bound section set to become operational by February 2025

Bhubaneswar Metro: A transformative leap in Odisha’s urban transportation landscape

Mumbai: Alkem Laboratories’ promoter purchases luxury sea-view apartment in Lodha Sea Face for INR 185 crore

Ahmedabad Metro Phase 2 expands network to Gandhinagar and GIFT City

Chennai Metro: Transforming urban transit with connectivity and sustainable initiatives

Kolkata Metro expands with ambitious projects and record ridership growth

Navi Mumbai: Work begins for Kharghar-Turbhe Tunnel Link Road


| Deal News

| Deal News

A residential flat spanning 845 square feet sold in Bhagwati Heritage in Raigad's Kamothe for INR 1.10 crores

• A residential flat spanning 675 square feet sold in JHV Hard Rock CHS in Raigad's Kharghar for INR 1.01 crores

• A residential flat spanning 810 square feet sold in Paradise Sai Sitara in Raigad's Panvel for INR 85.61 lakhs

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A residential flat spanning 604 square feet sold in Mansarovar Pearl Gardens in Palghar's Vasai West for INR 74.47 lakhs

• A residential flat spanning 770 square feet sold in Raj Yashwant Prestige in Palghar's Virar West for INR 70 lakhs

• A residential flat spanning 633 square feet sold in JSB Gokul Nakshatra in Palghar's Virar Westfor INR 52 lakhs


A residential flat spanning 1,159 square feet sold in Peninsula Salsette 27 in Mumbai's Byculla for INR 6.51 crores

• A residential flat spanning 1,330 square feet sold in Lodha Divion - T2 in Mumbai's Sion for INR 4.47 crores

• A residential flat spanning 768 square feet sold in L&T Island Cove in Mumbai's Mahim for INR 3.19 crores


A residential flat spanning 1,133 square feet sold in Lodha Hinjewadi - Tower 4,5 (Lodha Panache) in Pune's Hinjewadi for INR 1.32 crores

• A residential flat spanning 732 square feet sold in Godrej Nurture in Thane's Mamurdi for INR 67.49 lakhs

• A residential flat spanning 489 square feet sold in Gurukrupa Aero East PH III in Pune's Undri for INR 40.37 lakhs


A residential flat spanning 2,104 square feet sold in Godrej Avenue Eleven - Tower A in Mumbai's Byculla for INR 11.26 crores

• A residential flat spanning 1,711 square feet sold in Supreme Emerald Heights in Mumbai's Chembur for INR 4.65 crores

• A residential flat spanning 1,467 square feet sold in Shreepati Jewels in Mumbai's Girgaon for INR 3.31 crores


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| Property Dictionary

Sill or Window Sill

A window sill is a horizontal surface or structure at the bottom of a window or opening. Often made of stone, it serves as a base on which to fix the window. It must be constructed to prevent leakage of water into the building.

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Load Bearing Wall

A load-bearing wall in a building is one that fulfils the function of providing support for the building and other elements such as beams, vaults, lintels, pillars, columns, etc. The materials most often used to construct load-bearing walls in large buildings are concrete, stone, block, or brick. These walls are usually more than 30 centimetres wide. When carrying out renovations, it is important not to tamper with the structure of the load-bearing wall as doing so could damage the stability of the building.

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Double Glazed Unit or Window

A double glazed unit refers to a sealed unit consisting of two panes of glass, a metal spacer that runs between the two panes on the periphery, and an inert gas or nitrogen-filled cavity between the two panes of glass. These units are most commonly used for windows. The cavity in the unit should filled with a gas that is completely moisture-free, as otherwise it can condense into droplets and obscure the view. The gap serves to provide both heat and sound insulation.

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Gypsum Board

Gypsum board, commonly known as drywall, prefers to a building material used for walls, ceilings and partition systems in residential and commercial units. It is a panel made of calcium sulphate dihydrate (gypsum), typically extruded between thick sheets of facer and backer paper. Gypsum boards are light weight, fire resistant, economic, offer sound insulation and can be used to create a monolithic surface for interiors.

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Plywood

Plywood is a form of engineered wood that is manufactured by binding or fixing resin and wood fibre sheets together. Thin layers or “plies” of wood veneer that are glued together with adjacent layers having their wood grain rotated up to 90 degrees to one another. Different tree species and glues are used to create different final products, and in all cases, they are finished with a bonding process that involves heat and pressure. Plywood has low moisture content, making it easy to use outdoors. It is also economic to procure, making it a popular material to use for interiors in India.

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