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The Bangalore-based Embassy Group, one of the leading real estate developers in India, achieved one of its greatest residential revenue growths ever in fiscal year 2023, recording revenues of Rs. 1,370 crore, a 210% increase year-over-year.

As part of its VANAHA promotion, SPRE Delivered an exquisite dining experience 160 feet above the ground for its Channel Partners.

As a first step, the MMRDA proposes a transit-oriented development (TOD) levy on all new residential and commercial structures built within 200 metres of Mumbai Metro Line 7.

Vaishnavi Group of Bengaluru plans to create 6 million square feet (msf) of residential complexes and 4 msf of office space in Bengaluru, with a potential top-line income of Rs 5,000 crore.

Use green plants, palm palms, and colourful flowers to transform your house into a summer escape. Natural components should be highlighted for a pleasant ambience.

Niyati Jagirdar, Designer & Director of Abhikrama Shares 8 Tips to Give Your Mumbai Home A Comtemporary Twist

Prestige Falcon Realty Ventures, a fully owned subsidiary of the Bengaluru-based real estate developer, paid INR 978.7 Crore for securities from DB Realty and its subsidiaries to enhance its share in Prestige BKC Realtors from 50% to 100%.

Aurum PropTech is poised to acquire NestAway Technologies, a managed rental property company financed by Goldman Sachs, Tiger Global, and Ratan Tata, via an acquisition of all existing shareholders.

Industry analysts say the delay in replacing the Special Economic Zones (SEZ) Act of 2005 with the Development (Enterprise and Services) Hubs Bill of 2022 is hurting major office park rentals since firms are unwilling to lease space in SEZ parks.

According to people familiar with the deal, Bajaj Electricals has leased a full floor of office space at One International Centre in Mumbai's Lower Parel business area from Blackstone Group unit Nucleus Office Parks for almost five years.

Flexible office space provider Awfis Space Solutions plans to double its portfolio to 250 centres by March 2024, fuelled by resilient demand from both corporations and startups.

In the current fiscal year 2023-24, The Phoenix Mills plans to invest over Rs 2,000 crore to support the ongoing portfolio expansion in key locations such as Pune, Bengaluru, Kolkata, and Surat.

Corporate real estate developers across Indian have recognised the high value of plotted developments and vacation properties, and are increasing their investment in this segment to provide purchasers with more options and greater transparency.

In 2023, Bengaluru-based real estate firm Puravankara Ltd intends to launch new projects comprising over 15 million square feet in Bengaluru, Chennai, Kochi, and Coimbatore, with a three-year revenue goal of Rs 18,000 crore.

For its cluster development initiative in Mumbai, the Maharashtra government has given a one-year premium waiver for real estate developers at the rate of 50 percent. The action will likely facilitate the revitalization of older buildings in the city.