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October 24, 2026

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Category: Real Estate

Real Estate

MGM Healthcare expands in Chennai with land purchase from Shriram Properties

 MGM Healthcare Private Limited, a large healthcare and educational group, continues to expand its presence in South India by acquiring

by admin
2 Minute
Real Estate

Brigade Group acquires land in Bengaluru for ₹2,700 crore residential project

Bengaluru-based Brigade Group has signed a definitive agreement for a land parcel located on Whitefield-Hoskote road. The residential project planned

by admin
2 Minute
Real Estate

Shriram Properties sells mall land in Chennai for ₹93 crore

Shriram Properties Limited (SPL), a leading real estate developer, has sold 3.9 acre land parcel in Chennai to a large

by admin
2 Minute
Real Estate

Kalyan Developers introduces A Different Story – 25 super luxury sky mansions with Vembanad Lake views near Kochi

Building a new benchmark in super-luxury living, Kalyan Developers has announced the launch of its 25th project in Thevara near

by admin
2 Minute
Real Estate

Sector Anticipates 12% Growth in Home Sales in FY25 Despite Regional Slowdown: G Hari Babu

Select real estate markets in India – across three southern states, namely Andhra, Telangana and Karnataka – and Pune are

by admin
6 Minute
Real Estate

Rising prices and elections stall residential growth in 2024: ANAROCK

Strong homebuyer demand and hardening property prices coupled with the general and state elections dented India’s residential growth momentum in

by admin
2 Minute
Real Estate

Blackstone mulling over $1 billion public float of India warehousing assets

Blackstone is likely to float an IPO or infrastructure investment trust (InvIT) next year for its India logistics arm, Horizon

by admin
3 Minute
Real Estate

Blackstone mulling over $1 billion public float of India warehousing assets

Blackstone is likely to float an IPO or infrastructure investment trust (InvIT) next year for its India logistics arm, Horizon

by admin
3 Minute
Real Estate

Bengaluru sees 40% YoY growth in office leasing at 21.7 msft in 2024: Colliers

Bengaluru dominated the demand for Grade A office space in 2024, recording a leasing volume of 21.7 million square feet

by admin
2 Minute
Real Estate

Oberoi Realty to set up hotel, villas on 81-acre land parcel in Alibag

Oberoi Realty said it has executed an agreement for the development of an 81-acre parcel of land situated at village Tekali,

by admin
1 Minute
Real Estate

Housing sales, supply see steep fall in December quarter

The ongoing quarter is proving to be not so good for the residential real estate sector with both new supply

by admin
3 Minute
Real Estate

Welspun One to raise ₹4000 crore from global funds to double portfolio

Logistics and warehouses developer Welspun One, is looking to raise ₹4,000 crore, to double its portfolio size to 32 million square

by admin
2 Minute
Real Estate

Telangana introduces Bhu Bharati Bill

The Telangana Government has introduced Bhu Bharati (Record of Rights) Act 2024 replacing a similar act, Dharani, enacted during the

by admin
2 Minute
Real Estate

TVS Emerald to acquire Radial Phase II, III IT Parks for ₹576 crore

TVS Emerald, a subsidiary of TVS Holdings Ltd (formerly known as Sundaram-Clayton Ltd), will acquire Radial (Phase II) IT Park

by admin
2 Minute
Real Estate

SEBI permits inter-se sponsor transfers of locked-in units in InvITs, REITs

Securities and Exchange Board of India has permitted real estate investment trusts and infrastructure investment trusts to invest in unlisted

by admin
2 Minute
Real Estate

Golden Homes plans to expand in other cities of Tamil Nadu

Chennai-based real estate development firm Golden Homes Pvt Ltd plans to expand to other cities, including Tiruchi, Coimbatore and Madurai.

by admin
1 Minute
Real Estate

Properties worth ₹22,280 crore from fugitives restored to Banks, FM tells Lok Sabha

Attached property of economic offenders valued over ₹22,000 crore has been restored to public sector banks and other legitimate claimants,

by admin
2 Minute
Real Estate

Fund raising by InvITs slows down, REITs keep up momentum

Fund raising by Infrastructure Investment Trusts (InvITs) have fallen significantly in FY25 so far compared to last year partly due

by admin
3 Minute
Real Estate

India’s real estate market thrives amid strong demand, urban growth, and luxury shifts, says Colliers’ Sankey Prasad 

India’s residential real estate sector is witnessing a phenomenal price rise, banking on new infra-additions, better urban transportation, and rising

by admin
6 Minute
Real Estate

Brookfield India REIT raises ₹3,500 crore via QIP

Brookfield India Real Estate Trust has raised capital of ₹3,500 crore (around $ 415 million) through a qualified institutional placement

by admin
2 Minute
Real Estate

CMRL to enhance non-fare revenue through strategic property development at key metro stations

Chennai Metro Rail Limited has signed a contract agreement for the Preparation of a Detailed Project Report (DPR) for Property

by admin
1 Minute
Real Estate

StanChart group to sell Chennai property worth ₹1,000 crore

Standard Chartered group has put its 5.78-acre property at the heart of the city in Haddows Road for sale. The

by admin
2 Minute
Real Estate

Gujarat’s new jantri rates threaten to spike housing prices by 30-40%

Days after the Gujarat government proposed a revision of “jantri” rates — benchmark land rates decided by the government —

by admin
2 Minute
Real Estate

SM REITs to have their own SRO

Small and medium real estate investment trusts (SM REITs) will have their own self-regulatory organisation as an apex body, a

by admin
2 Minute
Real Estate

Century Real Estate projects ₹2,000 crore in sales by the end of FY25

Bengaluru-based Century Real Estate is projecting to achieve a sales target of ₹2,000 crore by the end of FY25, driven

by admin
1 Minute
Real Estate

Policy revision, aligning affordable housing definition with the residential markets required: Gulam Zia of Knight Frank

India’s affordable housing segment is expected to reach ₹67 trillion by 2030 and demand is expected to be around 31.2

by admin
5 Minute
Real Estate

Real estate developers bullish on southern markets: Crisil survey

Real estate developers are optimistic of a continued growth in southern markets, particularly in Kerala despite tailwinds amid changing dynamics,

by admin
2 Minute
Real Estate

Blackstone and Sattva Group set to file papers for $750-800 million REIT listing

 World’s largest alternative asset manager Blackstone Inc and real estate developer Sattva Group are close to filing the initial draft

by admin
2 Minute
Real Estate

SM REITs to have their own SRO

Small and medium real estate investment trusts (SM REITs) will have their own self-regulatory organisation as an apex body, a

by admin
2 Minute
Real Estate

Top 7 cities have 526 msf of REIT-worthy stock valued at ₹4.50 lakh crore

India’s top seven cities — Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, NCR and Pune, hold nearly 526.3 million sq ft (msf)

by admin
3 Minute
Real Estate

Godrej Properties raises ₹6,000 crore via QIP

Godrej Properties has raised ₹6,000 crore by selling shares to institutional investors on qualified institutional placement (QIP) basis as it

by admin
2 Minute
Real Estate

Gopalan Enterprises plans to triple residential portfolio with 2msft launches planned for next year

Bengaluru-based property developer Gopalan Enterprises is planning to triple its residential portfolio with 2 million square foot (msft) of launches

by admin
2 Minute
Real Estate

Real estate dominates AIFs, secures ₹75,468 crore in H1 FY25

Real estate attracted the highest share of alternative investment funds (AIFs) in the first half of FY25. According to SEBI

by admin
2 Minute
Real Estate

Real estate dominates AIFs, secures ₹75,468 crore in H1 FY25

Other sectors that received AIF investments included IT/ITeS, financial services, NBFCs, banks, pharma, FMCG, retail, renewable energy, and others

by admin
1 Minute
Real Estate

DRA signs up Rashmika Mandanna as brand ambassador

Chennai-based real estate developer DRA, today announced that it has signed on actress Rashmika Mandanna, as its brand ambassador. The

by admin
2 Minute
Real Estate

Emami Realty plans to develop two new residential projects in Chennai

Emami Realty, an Emami Group company, is planning to develop two new residential projects, covering a total area of around

by admin
2 Minute
Real Estate

November property registrations in Mumbai up 5% YoY

Property registrations in Mumbai for November crossed 10,000 units, as demand for residences sustained and revenue from stamp duty was

by admin
2 Minute
Real Estate

Demand for retail space in malls, high streets in top 8 cities up nearly 5% in Jan-Sep: C&W report

Leasing of retail space in shopping malls and prominent high streets rose nearly 5 per cent during January-September this year

by admin
3 Minute
Real Estate

DLF to sell Kolkata IT Park business to affiliate of Primarc and RDB groups for ₹637 crore

Real estate major DLF on Friday said one of its subsidiaries has entered into a definitive agreement to sell its

by admin
2 Minute
Real Estate

TARC achieves major sales milestone with half of TARC ISHVA project sold

TARC Limited announced today that it has sold 50 per cent of its TARC ISHVA residential project, valued at ₹1,350

by admin
1 Minute
Real Estate

Arihant Foundations & Housing secures ₹109-crore investment

Arihant Foundations & Housing Ltd, the Chennai-based real estate developer, on Wednesday announced an investment of ₹109 crore through preferential

by admin
1 Minute
Real Estate

Chennai’s GCC leasing to reach 3.2 mn sq ft. in 2025: CBRE report

Global Capability Centres (GCCs) would lease 3-3.2 mn sq ft. in 2025 in Chennai. Over the years, Chennai has solidified

by admin
4 Minute
Real Estate

Infra boom and end-user demand drive residential sales; interest rate cuts essential: CREDAI’s Boman Irani

Around 60 per cent of Indians’ wealth has been created around real estate. And following RERA—with the security and safety

by admin
7 Minute
Real Estate

India’s 26 major listed realty firms sell ₹35,000 crore worth properties in Q2; Godrej Properties at top

India’s 26 major listed real estate firms have sold properties worth nearly ₹35,000 crore during the September quarter with Godrej

by admin
4 Minute
Real Estate

Asset JGT’s super luxury residential project begins construction in Kochi

Asset JGT, a joint venture between JGT Living Spaces — a CGH Earth Group company with over seven decades of

by admin
1 Minute
Real Estate

Provident Housing announces launch of ‘Provident Bayscape’ in Chennai

Provident Housing Ltd, a large-scale community developer, a 100 per cent subsidiary of the Bengaluru-based Puravankara Ltd, will launch its

by admin
1 Minute
Real Estate

Brigade REAP to invest in six to eight startup investments annually

Bengaluru-based real estate major Brigade Group’s startup accelerator arm- Brigade REAP plans to invest in six to eight startups each

by admin
1 Minute
Real Estate

Chennai skyline high-rise buildings with 40+ floor projects coming up

Chennai has always been a low height residential city, but not anymore. There are many high rise buildings of about

by admin
4 Minute
Real Estate

Kolkata: Godrej Properties buys 53-acre land parcel in Joka

Godrej Properties said it has acquired a 53-acre land parcel in Joka, Kolkata, on which it plans a residential plotted

by admin
1 Minute
Real Estate

Realty players eye substantial growth in H2 FY25 after sedate first half

After a lull in H1, real estate players are gearing up for a revival with multiple launches in the second

by admin
2 Minute
Real Estate

hBits launches new asset with around ₹55 crore investment opportunity

Fractional ownership platform hBits has launched a new asset in Thane, offering ₹54.66 crore investment opportunity. The Grade A commercial

by admin
1 Minute
Real Estate

Adani Realty plans big realty push in Mumbai, to rival Jio Convention Centre

The real estate arm of the Adani group, Adani Realty, is coming up with around 6-8 million square feet of

by admin
2 Minute
Real Estate

Sobha Ltd Q2 Results: PAT jumps 74% to ₹26.1 cr growth

Sobha Ltd, a real-estate major based out of Bengaluru reported a consolidated profit after tax of ₹26.1 crore for the

by admin
2 Minute
Real Estate

DLF’s KP Singh: Urges high-powered urban infrastructure for $5 tn economy

The doyen of real estate, KP Singh – also the Chairman Emeritus of DLF Ltd – feels India needs to

by admin
2 Minute
Real Estate

Emaar India unveils ‘Amaris’ luxury residences with eco-friendly features in Gurugram’s Sector 6

Emaar India has launched its luxury residential project, ‘Amaris’ at Sector 62, in the Golf Course Extension Road micro market

by admin
2 Minute
Real Estate

Pradhan Mantri Awas Yojana — Urban: NHB inks pacts with 116 lending institutions for interest subsidy scheme

National Housing Bank (NHB) on Thursday entered into separate Memorandums of Understanding (MoUs) with 116 Primary Lending Institutions (PLIs) for

by admin
3 Minute
Real Estate

India’s office leasing soars 41% in 2024 amid rent hikes, supply crunch, and GCC growth: Cushman & Wakefield

Driven by the increased demand from GCC (global capability centres) and rising demand from Indian corporates, commercial space leasing in

by admin
5 Minute
Real Estate

Brigade Enterprises PAT up by 2% at ₹115 crore for Q2

Bengaluru-based property developer Brigade Enterprises reported a consolidated profit after tax (PAT) up by 2 percent year-on-year (YoY) at ₹115

by admin
2 Minute
Real Estate

Supreme Court sets pan-India guidelines against ‘bulldozer justice,’ calls demolitions without due process unconstitutional

Coming down hard on instant ‘bulldozer justice,’ the Supreme Court on Wednesday laid down pan-India guidelines on property demolition and

by admin
1 Minute
Real Estate

‘India an outlier as global real estate slowly returns to normalcy’

India stands as an outlier in the global real estate market, which is just returning to normalcy with some uptick

by admin
5 Minute
Real Estate

Leela Palaces Hotels’ parent Schloss Bangalore plans multi-use asset management

Schloss Bangalore (Leela Palaces Hotels Resorts), an institutionally owned and managed pure-play luxury hospitality company, plans to venture into multi-use

by admin
2 Minute
Real Estate

Interarch Building Products plans to double turnover to ₹2,500 cr by 2028

Interarch Building Products, a leading player in the pre-engineered building industry, is planning to double its turnover to ₹2,500 crore

by admin
2 Minute
Real Estate

Non-IT services tenants, SEZ conversions aid occupancies in REITs

Offices and specifically real estate investment trusts are no longer relying on IT services tenants, whose share in office occupancies

by admin
3 Minute
Real Estate

Call to use of path-breaking technology in construction sector

Experts in the construction sector has called for the use of cutting-edge technology to reduce carbon footprint as well as

by admin
2 Minute
Real Estate

Lodha buys out Bain Capital’s stake in digital infrastructure assets

Macrotech Developers has acquired Bain Capital’s stake in three joint digital infrastructure platform entities for Rs 307 crore, the company

by admin
1 Minute
Real Estate

Brigade to invest ₹800 crore to develop 1 mn sq ft residential apartments in West Chennai

Bengaluru-based real estate developer Brigade Group has signed a Joint Development Agreement to develop a residential project of around 1

by admin
1 Minute
Real Estate

IBBI pushes for land authorities to join CoC meetings in real estate insolvency cases

Insolvency regulator IBBI has come up with slew of proposals to improve  real estate resolutions under IBC including mandating the inclusion

by admin
4 Minute
Real Estate

Brookfield India REIT Q2 results: NOI up 40% YoY

Brookfield India Real Estate Trust reported net operating income of ₹485.8 crore in Q2 of FY25, up 40 per cent

by admin
1 Minute
Real Estate

IHCL acquires majority stake in Tree of Life, targets 100 properties by 2030

The shares of The Indian Hotels Company Limited (IHCL) were trading at ₹682.55 up by ₹14.55 or 2.18 per cent

by admin
2 Minute
Real Estate

Biz families of Tier-II cities drive-up ultra luxury residential demand in North & West India

Ultra-luxury residential projects in Gurgaon and premium plotted developments of North and West India – are witnessing active buyer interest

by admin
3 Minute
Real Estate

DLF to invest ₹8,000 cr to build super-luxury project in Gurugram

Realty major DLF will invest around ₹8,000 crore to develop an ultra-luxury housing project in Gurugram as it seeks to

by admin
4 Minute
Real Estate

Sattva Group plans ₹14,000-crore investment to build 80 m sft of residential, commercial projects

The Sattva Group has lined up residential and commercial projects with an aggregate built-up area of 80 million square feet

by admin
3 Minute
Real Estate

Realty sector rises 63%, outshining Nifty50; more firms eye IPOs

Real estate has been one of the best performing sectors and over the last one-year period it has given absolute

by admin
2 Minute
Real Estate

October home sales soar in Mumbai; Builders to keep the frenzy going

Over 12,900 properties have been registered in Mumbai in October, a month marked by festivities, starting with Navratri and Dussehra

by admin
3 Minute
Real Estate

WeHouse streamlines home construction with transparency, expands to Tier-II cities

For many middle-class families, the dream of owning a home is often overshadowed by the challenging task of building it.

by admin
3 Minute
Real Estate

EFC gets SEBI nod for India’s first small & medium REIT IPO 

EFC (I) Limited has secured SEBI registration for EMBERSTONE SM REIT, India’s first Small & Medium Real Estate Investment Trust

by admin
1 Minute
Real Estate

Realty firms account for 17% of QIP money raised this year

The real estate sector has contributed about a sixth to the amount raised by way of qualified institutional placements (QIP)

by admin
2 Minute
Real Estate

Festive season pushes demand for new houses

Housing developers are ecstatic with the positive house buying sentiment this festive season record sale this calendar year with both

by admin
4 Minute
Real Estate

How do Luxury Home Builders manage project timelines?

Luxury Home Builders manage project timelines Whether you’re building your dream home or a high-end renovation project, it takes time

by admin
3 Minute
Real Estate

Property prices rise across cities fuelled by demand, costs, rental yields

Residential prices have moved up 2-19 per cent in 2024 so far and according to a survey homebuyers expect prices

by admin
3 Minute
Real Estate

Macrotech Developers to initiate housing projects worth ₹10,000 crore by March in MMR, Pune, Bengaluru

Realty firm Macrotech Developers Ltd will launch nearly 8 million square feet of residential space in the second half of

by admin
3 Minute
Real Estate

Mindspace REIT NOI crosses ₹500 cr for first time in Q2

Mindspace Business Parks REIT leased gross 2.1 million sq ft in Q2 of FY25, and net operating income crossed the

by admin
2 Minute
Real Estate

DLF’s sales bookings rise 66% to ₹7,094 crore from April to September despite weak Q2

Realty major DLF’s sales bookings increased 66 per cent to ₹7,094 crore in the first half of this fiscal on

by admin
3 Minute
Real Estate

Across cities, rising residential rents pinch tenants

Home rents are really going up, hurting tenants and leaving them with very little room for discretionary spending. Residential rents

by admin
3 Minute
Real Estate

DLF Q2 consolidated net profit up 121 per cent

Real estate major, DLF saw a 121 per cent rise in consolidated net profit to ₹1,381 crore for the quarter-ending

by admin
2 Minute
Real Estate

Embassy REIT Q2 NOI up 12%; raises leasing guidance for FY25

Embassy Office Parks REIT reported a 12 per cent rise in both net operating income and revenue in Q2 of

by admin
2 Minute
Real Estate

Godrej Properties Q2 results: Net profit surges 5 Fold to ₹335.2 cr

Godrej Properties reported consolidated net profit of ₹335.2 crore in the second quarter of the current financial year, up 5

by admin
3 Minute
Real Estate

Growth in housing loans continues to slow due to increasing interest rates, property prices

The steep 250 basis points increase in policy rates by the Reserve Bank of India (RBI) since May 2022 appears

by admin
3 Minute
Real Estate

Pune’s home sales value surges 19% in Q3 2024 despite a slight dip in transactions

Pune, along with Pimpri-Chinchwad, witnessed a significant surge in registered home sales value for the July-September quarter of 2024, as

by admin
2 Minute
Real Estate

Baashyaam to invest ₹420 crore to develop the commercial-cum-residential property Crowne Plaza

As the famous Crowne Plaza hotel has been completely razed down, a new high-rise commercial-cum-residential development will soon slowly start

by admin
2 Minute
Real Estate

Hyderabad real estate developers shake off HYDRAA blues

Following an episode of slow growth in the IT sector, poor hikes and the scare created by demolitions by government

by admin
2 Minute
Real Estate

Housr plans to open around 30 co-living centres with 3,000 beds

Co-living operator Housr plans to open around 30 new centres comprising 3000 beds by March next year as part of

by admin
3 Minute
Real Estate

Real estate transactions drop 71% in Q3 2024, private equity dominates

Transactions in the real estate sector in the third quarter of 2024 saw a steep sequential fall of 71 per

by admin
2 Minute
Real Estate

Micromitti Real Estate Ventures plans to launch REITs

Micromitti Real Estate Ventures, a leading proptech company, plans to launch Real Estate Investment Trusts (REITs), AIF Category 2 Real

by admin
2 Minute
Real Estate

Godrej Properties wins bid for 6.5-acre land parcel in Mumbai’s Kharghar, stock advances 

Godrej Properties Limited (GPL) has emerged as the highest bidder for three adjacent land plots totaling 6.54 acres in Sector

by admin
2 Minute
Real Estate

Shapoorji Pallonji Real Estate launches joint venture luxury housing project in Gurugram

Shapoorji Pallonji Real Estate (SPRE) has entered into a joint venture with Kanodia’s real estate venture KREEVA to develop a

by admin
2 Minute
Real Estate

Bengaluru Airport City Ltd breaks ground for 2 million sqft Business Park to boost GCC growth

Bengaluru Airport City Ltd (BACL), a wholly owned subsidiary of Bangalore International Airport Ltd (BIAL), broke ground for its 2 million

by admin
2 Minute
Real Estate

Chennai suburbs drive high-rise residential unit growth

Chennai’s suburbs are propelling the surge in the high-rise residential buildings. Locations such as Kelambakkam, Kundrathur and Mangadu are key

by admin
3 Minute
Real Estate

Interest subsidy to be provided only once for a property under PMAY-U 2.0

Purchase of affordable houses through resale could be impacted as interest subsidy under the new Pradhan Mantri Awas Yojana –

by admin
2 Minute
Real Estate

Godrej Properties acquires six land parcels in Jul-Sep to build projects worth ₹9,650 crore

Realty firm Godrej Properties acquired six new land parcels in the July-September quarter to develop housing projects worth ₹9,650 crore

by admin
3 Minute
Real Estate

Puravankara posts 18% sales growth, records ₹1,331 cr in Q2FY25

Real estate developer Puravankara recorded an 18 per cent uptick posting ₹1,331 crore in sales for the second quarter of

by admin
2 Minute
Real Estate

KBC Global: Launches new real estate project in Nashik

KBC Global, a construction and real estate company, has launched a new residential project in Nashik with six commercial units

by admin
1 Minute
Real Estate

Brigade Enterprises to build a high-rise residential project at Perambur by investing ₹620 crore

Bengaluru-based Brigade Enterprises plans to construct a high-rise residential building complex at Perumbur in the heart of the city with

by admin
1 Minute
Real Estate

Nyati Group onboards Navigo’s futuristic capabilities to boost sales 

Nyati Group, a leading player in Pune’s real estate sector, has made a significant leap by adopting Qubit’s next-generation 3D

by admin
2 Minute
Real Estate

Godrej Properties achieves record bookings of ₹5,200 crore in Q2 FY25

 Godrej Properties reported bookings of ₹5,200 crore in Q2 of FY25, from the sale of 5.1 million square feet of

by admin
2 Minute
Real Estate

CREDAI’s strategic collaboration with IIMA unveils advanced real estate leadership programme

The Confederation of Real Estate Developers’ Associations of India (CREDAI) has collaborated with the Indian Institute of Management Ahmedabad (IIMA)

by admin
2 Minute
Real Estate

Bengaluru: Poulomi Estates to build ₹800-cr residential project

Real estate company Poulomi Estates has announced its expansion to the Bengaluru market with an ₹800crore premium high-rise project in

by admin
2 Minute
Real Estate

Lodha sells houses worth ₹4290 crore in Q2FY25

Macrotech Developers, which sells houses under Lodha brand, sold houses worth ₹4,290 crore in Q2FY25, up 21 per cent on

by admin
2 Minute
Real Estate

Home sales, office leasing show robust growth in 2024 so far

Home sales in the first nine months of 2024 rose 9 per cent on year to over 2.6 lakh units

by admin
3 Minute
Real Estate

Institutional investments in real estate advance 45% in July-September: Colliers

Institutional investments in real estate grew 45 per cent to nearly $1.15 billion in July-September with investors looking to encash

by admin
2 Minute
Real Estate

Mumbai property sales in September fall due to ‘shraadh’ period

A little over 9000 properties were registered in Mumbai in September, showing a fall both year-on-year and sequentially as the

by admin
1 Minute
Real Estate

Property Share files for first SM REIT scheme to raise ₹353 crore

Property Share Investment Trust, registered as a small and medium real estate investment trust, has filed the draft scheme document

by admin
2 Minute
Real Estate

Housing sales dipped 11% in Jul-Sept, average prices up by 23% in top 7 cities: Anarock

Housing sales fell 11 per cent during July-September to 1.07 lakh units in seven major cities on lower launches and

by admin
3 Minute
Real Estate

Shriram Finance raises $500 million via social bonds

Non-banking finance company (NBFC) Shriram Finance has raised $500 million through a 3.6-year tenure social bond at a 6.15 per

by admin
2 Minute
Real Estate

Shriram Properties launches 1.1 million sq ft residential project in Chennai

Shriram Properties Ltd (SPL), a leading real estate developer in South India and part of the Shriram Group, has launched

by admin
1 Minute
Real Estate

Mindspace REIT to build 3 data centres for Princeton Digital Group

Mindspace Business Parks REIT has entered into an agreement to build three built-to-suit data centres for Princeton Digital Group at

by admin
1 Minute
Real Estate

Chennai-based realtor Casagrand files DRHP for ₹1,100 crore IPO

Casagrand Premier Builder, the Chennai-based developer in the residential sector, has filed its draft red herring prospectus (DRHP) with the

by admin
3 Minute
Real Estate

Nexus Select Trust in talks to acquire Axis Mall in Kolkata

Blackstone-backed Nexus Select Trust is in talks to buy Axis Mall in Kolkata, but the transaction could be complicated because

by admin
3 Minute
Real Estate

OYO to acquire G6 Hospitality from Blackstone for $525 million

IPO-bound OYO has agreed to acquire G6 Hospitality, economy lodging franchisor and parent company of the Motel 6 and Studio

by admin
2 Minute
Real Estate

Bengaluru: RMZ offers 0.3 mn sqft of commercial space to Chevron Global Technology

RMZ offers Chevron Global Technology and Services Private Limited 0.3 million sqft of commercial space to set up its GCC,

by admin
1 Minute
Real Estate

Housing demand and supply shows a fall in the September quarter: report

Residential demand and supply, in the top nine cities in India, fell in the third quarter of 2024, both sequentially

by admin
2 Minute
Real Estate

Ivanhoe Cambridge divests stake in three joint ventures to partner Lodha

Ivanhoe Cambridge has exited three digital infrastructure platforms by selling its stakes in them to joint venture partner Macrotech Developers

by admin
2 Minute
Real Estate

NRIs are buying more houses in India than before

Investments by non-resident Indians (NRIs) into the Indian real estate market has surged over the past 20 months, growing at

by admin
3 Minute
Real Estate

Signature Global to deliver 16 msf houses over next two years

With over 30 million square feet of forthcoming housing inventory, of which 16 million square feet will be delivered over

by admin
2 Minute
Real Estate

Bengaluru leads retail/consumer packaged goods GCC boom as India sees rapid growth in the sector

Over 50 per cent of retail/consumer packaged goods (CPG) global capability centres (GCCs) in India have been established in the

by admin
2 Minute
Real Estate

Birla Estates buys land from Hindalco for ₹537 crore

Birla Estates, the real estate arm of the Aditya Birla Group, has acquired a 24.5-acre land parcel in the Mumbai

by admin
2 Minute
Real Estate

India’s housing market witnesses cooling trend as price surge crowds out buyers

India’s residential market is witnessing a phenomenon where the rise in price of houses could possibly crowd out end users

by admin
4 Minute
Real Estate

Brookfield-led consortium completes acquisition of American Tower’s operations in India

Data Infrastructure Trust, an Infrastructure Investment Trust sponsored by Brookfield Asset Management, along with affiliates of investors, including British Columbia

by admin
1 Minute
Real Estate

Microsoft acquires 16.4-acre land in Pune for ₹520 crore

Microsoft Corp’s Indian arm has acquired 16.4 acres of land in Pune for around ₹520 crore, documents showed. The land,

by admin
1 Minute
Real Estate

Brigade to develop ₹600 crore residential complex in Velachery, Chennai

Bangalore-based Brigade is expanding its presence in Chennai with another residential project in Velachery costing nearly Rs 600 crore. It

by admin
3 Minute
Real Estate

Homebuyers gain from removal of differential tax rates on preferred locations, lowering overall costs

If you’re planning to buy a house in a preferred location, there’s no need to worry about additional GST. The

by admin
3 Minute
Real Estate

Bengaluru residential real estate soars amid high demand and limited inventory

Bengaluru’s residential real estate market is experiencing notable price hikes, driven by rising demand and a shortage of inventory. As

by admin
3 Minute
Real Estate

Dholera SIR attracting ₹2,000-3,000 crore investment annually in land and plots

Dholera Special Investment Region (SIR) in Gujarat is attracting fresh investment of ₹2,000-3,000 crore annually in realty assets, with investors

by admin
2 Minute
Real Estate

Rising costs make urban affordable houses unviable for builders

The government’s ambitious plan to build 1 crore urban houses under the PM Awas Yojana is likely to falter as

by admin
3 Minute
Real Estate

Prestige Estates raises ₹5,000 crore via QIP

Realty firm Prestige Estates Projects Ltd has raised ₹5,000 crore by selling equity shares to institutional investors through private placement.

by admin
3 Minute
Real Estate

Meghna Infracon expands portfolio with new Mumbai residential project 

Meghna Infracon Infrastructure Limited (MIIL) announced today the acquisition of a new residential project in Goregaon, Mumbai. The project, named

by admin
1 Minute
Real Estate

Real estate companies have raised over ₹1 lakh crore in last 20 months

On a spending spree, real estate companies in India have raised over ₹1 lakh crore over the last 19-20 months

by admin
3 Minute
Real Estate

Bengaluru residential property micromarkets witness record hike in prices: Report

Residential property prices in Bagaluru, situated in North Bengaluru, have surged by nearly 90 per cent in the past five

by admin
2 Minute
Real Estate

Godrej Properties wins ₹515 crore bid for two residential plots in Gurugram

Realty firm Godrej Properties has won bid for two residential plots in Gurugram costing ₹515 crore and will develop luxury

by admin
3 Minute
Real Estate

Ajoy Mehta leaves behind a more compliant real estate sector in Maharashtra

Ajoy Mehta, Chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA), hangs up his boots this month, leaving behind a

by admin
3 Minute
Real Estate

Omaxe Group unveils ₹2,500-crore project in Delhi: 50.4-acre multi-sports and cultural destination

Real estate company Omaxe Group, on Monday, announced an investment of nearly ₹2500 crorefor its new project, The Omaxe State.

by admin
1 Minute
Real Estate

Ravi Menon named chairman of Sobha Group

Ravi Menon, co-chairman of Sobha Group, has been elevated as chairman, effective November 18r. The announcement was made in Dubai.

by admin
1 Minute
Real Estate

Pulkit TMT introduces innovative ‘Lab on Wheels’ for quality testing in Kerala 

Pulkit TMT, a leading brand in the steel industry, has introduced its innovative ‘Lab on Wheels’ initiative in the Kerala

by admin
1 Minute
Real Estate

MSN Realty, new venture by MSN Pharma promoters, to focus on Hyderabad real estate

Promoters of MSN Pharma have set up a new company called MSN Realty to tap the opportunities in the real

by admin
1 Minute
Real Estate

Surge in bank credit to CRE linked to high demand for office and warehouse space

Bank credit to the commercial real estate sector rose to ₹4.85 lakh crore outstanding as of July 26, 2024, from

by admin
3 Minute
Real Estate

ED attaches assets in EMAAR-MGF PMLA case; Hooda says he has nothing to do with it

A day after Enforcement Directorate (ED) provisionally attached immovable properties valued at ₹834 crore and belonging to EMAAR India and

by admin
2 Minute
Real Estate

Shriram Properties to quadruple profit, triple revenue by FY27

Shriram Properties Ltd, which is celebrating 25 years, expects to quadruple its net profit to over ₹200 crore in FY27.

by admin
3 Minute
Real Estate

Positive response to Small and Medium REITs: SEBI Chief

Small and medium REITs have received a positive response from the industry, SEBI chairperson Madhabi Puri Buch said on Thursday.

by admin
3 Minute
Real Estate

NBCC sells commercial and office space worth over ₹14,000 cr

NBCC (India) Ltd has sold 100 per cent of the office space inventory at the World Trade Centre (WTC) Nauroji

by admin
1 Minute
Real Estate

L&T Construction reduces timelines by 50% with 3D printing technology

Larsen & Toubro (L&T) Construction is using 3D printing technology to reduce construction timelines by up to 50 per cent,

by admin
2 Minute
Real Estate

Metro Group eyes ₹1,000 crore revenue from Thane projects

Metro Group, a leading real estate player in the Mumbai Metropolitan region, plans to generate ₹1,000 crore revenue over the

by admin
2 Minute
Real Estate

India in consultation with Indonesia at WTO over duty on ceramic tiles

India is in consultations with Indonesia at the WTO on the latter’s proposal to extend safeguard duties on import of

by admin
3 Minute
Real Estate

India ranks 31st in JLL’s Global Real Estate Transparency Index

Global property consultant JLL on Tuesday said that India’s top real estate markets have entered into a ‘transparent’ zone for

by admin
4 Minute
Real Estate

Arihant partners with Empee Hotels to build new commercial space in Chennai

Chennai-based Arihant Foundations and Housing Ltd, through its SPV (Special Purpose Vehicle) Vilaya Properties LLP, has partnered with Empee Hotels

by admin
1 Minute
Real Estate

Proptech start-up HouseEazy raises $7 mn in funding from Chiratae Ventures, others

HouseEazy, a full stack marketplace for resale homes, has raised $7 million in Series-A funding. This round was a mix

by admin
2 Minute
Real Estate

What is the frequency of FPV transmitter? – Video Transmitter

FPV transmitter The FPV transmitter is what sends the video signal from your drone’s camera to a receiver on a

by admin
4 Minute
Real Estate

Talent, tech sector drive Hyderabad’s real-estate growth: CBRE-CREDAI report

Hyderabad’s office stock has surged to 127 million sq ft, accounting for 14 per cent of India’s total office space.

by admin
2 Minute
Real Estate

GoM to review GST on JDA in real estate sector, Council to meet on September 9

Amid an ongoing legal battle on GST’s application on Joint Development Agreement (JDA) in the real estate sector, the GST

by admin
3 Minute
Real Estate

Godrej Properties continues land acquisition spree with Khalapur purchase  

Godrej Properties Limited (GPL) announced today the acquisition of a 90-acre land parcel in Khalapur, Maharashtra, just three days after

by admin
2 Minute
Real Estate

A mega industrial housing project in TN to accommodate 18,720 employees inaugurated

In a first-of-its-kind project in India, the Tamil Nadu government on Saturday inaugurated an industrial housing facility at SIPCOT Industrial

by admin
3 Minute
Real Estate

India’s senior living market, projected at $12 billion by 2030, faces a supply-gap; Tamil Nadu is key for growth

The senior living market is expected to grow significantly, from its current size of $2-3 billion to $12 billion by

by admin
5 Minute
Real Estate

Realty firm Kolte-Patil Developers CFO Khiroda Jena resigns

Realty firmKolte-Patil Developers Ltd’s Chief Financial Officer (CFO) Khiroda Jena has resigned from the company. The company informed that Jena

by admin
1 Minute
Real Estate

Macrotech Developers’ net debt rises 43.5% in Q1 on higher capex for land, construction

Realty firm Macrotech Developers Ltd’s net debt rose 43.5 per cent to ₹4,320 crore during the first quarter of this

by admin
2 Minute
Real Estate

REITs expect leasing, occupancies to rise in future quarters

The first quarter of FY25 was marked by subdued leasing by real estate investment trusts (REITs), modest growth in distributions

by admin
3 Minute
Real Estate

AI-Saas play in real estate: How Magicbricks integrates technology to enhance real-estate solutions

The traditional real estate sector known for its complexities, is adopting more AI solutions to enhance precision and efficiency. These

by admin
2 Minute
Real Estate

Axis Commercial Real Estate Fund buys 1.5-acre plot in Chennai’s Fintech City

Axis Asset Management Company Ltd (Axis AMC) and Tishman Speyer have announced that Axis Commercial Real Estate Fund has acquired a 1.5-acre plot at

by admin
2 Minute
Real Estate

Ashiana Housing, Arihant Foundations partner to launch senior living project in Chennai

The Delhi-based Ashiana Housing Ltd has partnered with the Chennai-based Arihant Foundations & Housing to launch Swarang, a senior living

by admin
2 Minute
Real Estate

Over 5 lakh homes lying undelivered across the country

About a fifth of under-construction homes in India aggregating to over five lakh units, belonging to stalled projects, are lying

by admin
3 Minute
Real Estate

Ajmera Realty receives A- rating from Crisil

Ajmera Realty & Infra India’s bank debt and corporate credit has been assigned A- rating from CRISIL, with a stable

by admin
2 Minute
Real Estate

IBC played key role in revival of real estate sector, says IBBI Chairman Mital 

The Insolvency and Bankruptcy Code (IBC) has emerged as a crucial instrument in the rejuvenation of the Indian real estate

by admin
3 Minute
Real Estate

Bengaluru tops in green leasing: 68% of total leasing are green buildings

Bengaluru leads the green building adoption with 16.5 million square feet leases between January 2023 and July 2024 totaling to

by admin
2 Minute
Real Estate

Blackstone-backed Nexus Select goes shopping in Kolkata to buy malls

Blackstone-sponsored Nexus Select Trust is in talks with the Kolkata-based Ambuja Neotia group to add two malls in the city

by admin
2 Minute
Real Estate

Pune’s real estate market sees 50% surge in transactions in June quarter: Square Yards Report

Pune’s real estate market has experienced a remarkable surge, with registered transactions increasing by 50 per cent in the June

by admin
2 Minute
Real Estate

Higher sales of homes, collections to offset rise in debt in the real estate sector

Real estate developers are selling more homes than ever before and collections from bookings are seen rising 19-21 per cent

by admin
3 Minute
Real Estate

Nitco sells 4-acre land parcel in Mumbai to Runwal for ₹232 crore

Nitco Ltd has sold a prime land parcel located in Kanjurmarg East to Runwal for ₹232 crore. The land parcel,

by admin
1 Minute
Real Estate

Godrej Properties emerges as highest bidder for prime land parcels in Greater Noida

Godrej Properties has emerged as the highest bidder for two land parcels with a total combined bid value of ₹842

by admin
2 Minute
Real Estate

RMZ sells Chennai office asset Paramount 1 to Keppel for $264 mn

RMZ Corporation and Canada Pension Plan Investment Board have completed the sale of One Paramount 1 to Singapore-based Keppel Ltd

by admin
2 Minute
Real Estate

India secures $3 billion in cross-border real estate investments in H1 2024

India ranked fifth in cross-border real estate investments in the APAC region, attracting 9 per cent of the total volume

by admin
2 Minute
Real Estate

Puravankara Q1 results: Reports strong performance, eliminates previous losses

Puravankara Limited, a realty company headquartered in Bengaluru, announced its quarterly results on 31st July. The company reported quarterly sales

by admin
2 Minute
Real Estate

India’s construction equipment industry to reach $25 b by 2030

India’s construction equipment industry is expected to grow at a CAGR of 12 per cent to reach $25 billion by

by admin
2 Minute
Real Estate

Aptus Value Housing posts 21% rise in Q1 net at ₹172 cr

Aptus Value Housing Finance Ltd has reported a 21 per cent rise in its profit after tax at ₹172 crore for

by admin
2 Minute
Real Estate

Mumbai property registrations surge 20% y-o-y in July

Property registrations in Mumbai in July rose 20 per cent y-o-y and 5 per cent m-o-m to 12,266 units, as

by admin
2 Minute
Real Estate

Mindspace REIT Q1: NOI up 9.2% on higher leasing, rents

Mindspace Business Parks REIT reported a 9.2 per cent rise in net operating income in the June quarter, while revenue

by admin
2 Minute
Real Estate

Godrej Properties Q1 PAT up over 4 times yoy

Godrej Properties reported an over 4 times increase in net profit in Q1 of FY25 at ₹520 crore while revenue

by admin
2 Minute
Real Estate

Macrotech Developers reports strong Q1 results, net profit soars 186%

Macrotech Developers reported a net profit of ₹480 crore in the June quarter, up 186 per cent on year, while

by admin
2 Minute
Real Estate

Ashar Group sells 500 units of ‘Ashar Merac’ worth ₹550 crore in 5 weeks

Ashar Group has sold 500 units of its latest residential project, ‘Ashar Merac,’ within five weeks of its launch on

by admin
1 Minute
Real Estate

Budget 2024: Removal of indexation benefits on long-term capital gains may hit property transactions

An unpleasant note was struck in the Budget proposals with the removal of indexation benefits on long term capital gains

by admin
2 Minute
Real Estate

Tamara Leisure opens its Lilac Hotels in temple city Kumbakonam

Tamara Leisure Experiences Pvt Ltd, a Bengaluru-based hospitality firm, has announced the opening of Lilac Hotels in Kumbakonam, Tamil Nadu, as part

by admin
2 Minute
Real Estate

Property sales indexation change to benefit taxpayers, not for revenue increase: FinMin

Finance Ministry asserted on Wednesday that the Budget 2024 proposal to eliminate the indexation benefit for property sales was not

by admin
4 Minute
Real Estate

Interest cost, stamp duty not to be included in the base price for calculation of LTCG on properties: Revenue Secretary

Revenue Secretary Sanjay Malhotra on Wednesday said that interest cost and stamp duty paid for purchasing immovable property will not

by admin
2 Minute
Real Estate

Bengaluru dominates India’s residential real estate market with highest launches and sales: JLL Report

The Silicon Valley of India has dominated the residential real estate market with 16,537 unit launches and sales of sales

by admin
2 Minute
Real Estate

Kolkata witnesses record number of residential property registrations in June

Kolkata witnessed a record growth in residential property registrations in June, as the West Bengal government withdrew rebates on stamp

by admin
3 Minute
Real Estate

Removal of indexation benefit on property sale will be positive for longer holding periods, higher price growth: CLSA

The removal of indexation benefit in respect of capital gains on secondary sale of properties will be beneficial where growth

by admin
3 Minute
Real Estate

Budget 2024: 2 tax clarifications you should know about

Let out house not business income The taxman has observed that some taxpayers are reporting their rental income generated by

by admin
2 Minute
Real Estate

Budget 2024: Pradhan Mantri Awas Yojana Urban 2.0 unveiled

Finance Minister Nirmala Sitharaman on Tuesday announced the second phase of the Pradhan Mantri Awas Yojana (PMAY) Urban – a

by admin
3 Minute
Real Estate

Real estate players applaud Union Budget’s focus on urbanisation, infrastructure growth

Real estate players have lauded the Union Budget for its strong emphasis on urbanisation, infrastructure development, and women’s empowerment. Sushil

by admin
2 Minute
Real Estate

Tamil Nadu launches instant online approval for building permits

The Tamil Nadu government on Monday introduced a new scheme offering instant online approval for building permits for houses built

by admin
2 Minute
Real Estate

CapitaLand India Trust buys office building in Navi Mumbai for ₹676 crore

CapitaLand India Trust (CLINT) has acquired a 8.2-lakh-sq-ft multi-tenanted IT non-SEZ office building at a business park in Navi Mumbai

by admin
2 Minute
Real Estate

ASK Property Fund invests ₹190 crore in Kalpataru’s Mumbai project

ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, has invested ₹190

by admin
2 Minute
Real Estate

Hanto Workspaces enters Pune and Hyderabad markets with major expansion

Hanto Workspaces, a leading provider of managed commercial real estate solutions, has announced the launch of 200,000 square feet of

by admin
2 Minute

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