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2024: A Record-Breaking Year for Indian Residential Real Estate Market

The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.

By Admin

  • 31st Mar 2024
  • 1133 Views
Rx Propellant and GVRP Ink Major Deal in Life Sciences Hub, Hyderabad

GV Research Platform (GVRP), a major bio-pharma contract research organisation, has leased a 130,000-square-foot Hyderabad R&D facility from Rx Propellant, a life sciences infrastructure supplier. The 10-year, Rs. 162 crore agreement is India's biggest life sciences real estate deal.

By Admin

  • 10th Mar 2024
  • 1179 Views
India's Real Estate Rental Market Outshines Global Trends Amid Economic Downturn

Defying the global economic slowdown, India's real estate market has experienced an unexpected surge over the past two years, with the rental sector, in particular, becoming a beacon for investors worldwide.

By Admin

  • 21st Feb 2024
  • 1182 Views
Expansive Growth Awaits India's REIT Office Market A Lucrative Future Envisioned

The Indian real estate investment trust (REIT) market is on the brink of a monumental expansion, poised to redefine the landscape of office real estate.

By Admin

  • 19th Feb 2024
  • 1187 Views
Godrej Properties Acquires Prime Land in Rajendra Nagar, Hyderabad

Godrej Properties Ltd. (GPL) bought 12.5 acres in Rajendra Nagar, Hyderabad. This shows the Mumbai-based developer's commitment to growing in Hyderabad in the next years.

By Admin

  • 14th Feb 2024
  • 1219 Views
Prestige Group to Expand Retail Real Estate With 9 Million Sq Ft of New Mall Space

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

By Admin

  • 14th Feb 2024
  • 1183 Views
Nexus Select Charts New Course in India Retail market With Strategic Mall Acquisitions

Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.

By Admin

  • 2nd Feb 2024
  • 1308 Views
Cognizant Planning to Sell Key Office Assets in Hyderabad and Chennai

Cognizant Technologies, a major software corporation, is moving towards asset-lightness. The company will sell its large Hyderabad and Chennai offices. Cognizant's approach is to concentrate on non-core real estate and simplify operations.

By Admin

  • 12th Dec 2023
  • 1234 Views
Bangalore Based Prestige Group Announces Intent to Launch Real Estate Projects Across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai and Goa

Bengaluru-based Prestige Group, a real estate giant, is planning to transform urban landscapes across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa. With a Bengaluru trial project, they are also targeting elder living.

By Admin

  • 26th Oct 2023
  • 1341 Views
Directors of Metamor Software Acquire Luxury Property in Hyderabad for INR 48 Cr

A Hyderabad luxury residence bought by Metamor Software Solutions directors Meghna Dilip Bhanushali and Tummala Vipul Reddy for INR 48 crore is one of the city's most costly residential transactions in recent years.

By Admin

  • 29th Aug 2023
  • 1279 Views
IndoSpace Core Acquires the Amazon Fulfilment Centre Hyderabad as a Warehousing Asset

IndoSpace Core, an industrial real estate investor, developer, and owner, acquired the Amazon Fulfilment Centre in Hyderabad from GMR Group for 188.1 crore.

By Admin

  • 10th Jun 2023
  • 1416 Views
How Will GIC's Investment of INR 1500K Crore in IRB InvIT to Finance The Hyderabad Ring Road Impact The Hyderabad Real Estate Market?

As per news sources, Singapore's sovereign wealth fund GIC is evaluating a 1.5 trillion rupee (INR) investment in IRB Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by the construction company IRB Infrastructure Developers.

By Admin

  • 21st May 2023
  • 1321 Views
The Flex-Seats Phenomenon is Expanding in India and is Poised to Grow Further

In FY23, the demand for coworking spaces surpassed all previous records, with India's IT hubs leading the pack. Latest real estate data shows that leasing of "flex-seats" has increased by 20%, with the biggest activity occurring in Bengaluru, Hyderabad, and Pune.

By Admin

  • 16th May 2023
  • 1284 Views
GVK Group Founder Sells Two Luxury Properties in Posh Jubilee Hills, Hyderabad

GV Krishna Reddy, the founder and head of the infrastructure firm GVK Group, has sold two residential homes in Hyderabad for around INR 73.81 crore.

By Admin

  • 16th Mar 2023
  • 1527 Views
Aparna Constructions to Unveil Four Residential Projects in Hyderabad, Close to Outer Ring Road

Aparna Constructions and Estates, a real estate developer located in Hyderabad, is building four residential projects in Hyderabad with an investment of over INR 800 crore.

By Admin

  • 15th Jan 2023
  • 1393 Views
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