Amazon takes over 30,000 sqft on lease at OneBKC and other top real estate news of the day

Round up of the major headlines that dominated the real estate sector, nationally and internationally

The district consumer disputes redressal forum, Chandigarh, has directed a city-based real estate company to refund an amount Rs 6.81 lakh to a Rajasthan resident, who had paid the money to the company for a showroom space in a proposed project of the company.

Prices for construction material shave declined notably during the past few years. Despite this drop, the price of real estate properties shows no sign of slowing its ascent.

The real estate market in Vadodara seems to be set for an upswing this year. The CREDAI Vadodara Property Carnival 2016 organized at Navlakhi Grounds saw a record number of bookings for apartments and duplexes over last three days.

China will push for a unified real estate registration system in all cities and counties by the end of the year, state media said, seen as a major step in the fight against corruption.

ArthVeda Fund Management, a DHFL group company, plans to raise up to Rs 3,000 crore under its affordable housing fund focused at low-income group projects, over the next three years. 

In one of the most high-profile deals in the Mumbai office market, Amazon has taken 30,000 square feet of office space for its corporate headquarters at OneBKC building in Bandra Kurla Complex area of Mumbai on lease.