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Lodha Celebrates Stellar Growth in Q4, with a 21% Increase in Net Profit

Lodha, or Macrotech Developers, reported a 21% rise in net profit to Rs 670 crore for the March quarter. The company's operating revenue rose 23% to Rs 4,020 crore. Developer pre-sales and yearly performance are at an all-time high this quarter.

By Admin

  • 26th Apr 2024
  • 1132 Views
Resilient Home Sales in India Defy High Interest Rates and Rising Prices

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

By Admin

  • 21st Apr 2024
  • 1144 Views
Bangalore Based Puravankara Sets a New Benchmark With a Record-Breaking INR 5914 Crore Sales in FY24

Purevankara outperformed itself in 2024, selling Rs 5,914 crores, up 90% from Rs 3,107 crores in FY23. Customer collections increased by 60% to Rs 3,609 crores from Rs 2,258 crores last year.

By Admin

  • 7th Apr 2024
  • 1171 Views
Co-working Spaces Jump to Second Place in Office Leasing in India for Q1 2024

Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.

By Admin

  • 6th Apr 2024
  • 1154 Views
MahaRERA Proposes Three-Account System for Real Estate Projects

MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.

By Admin

  • 27th Mar 2024
  • 1154 Views
Holiday Home Real Estate Development in India Booms As Demand Increases

Following the epidemic, second homes in India have become more popular as people flee polluted cities and regard them as great investments. In Himachal Pradesh and Uttarakhand, Jim Corbett, Rishikesh, Nainital, and Kasauli are popular vacation rental destinations.

By Admin

  • 18th Mar 2024
  • 1178 Views
DLF Strikes Mega Chennai Land Deal with Cholamandalam Finance for Rs 735 Crore

DLF sells 4.67 acres of excellent Chennai property to Cholamandalam Finance for Rs 735 crore, one of Chennai's largest real estate land deals in Chennai.

By Admin

  • 17th Mar 2024
  • 1192 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
  • 1178 Views
Mumbai Real Estate 2024 - Setting the Stage for Continued Growth Post 2023 Success

The Mumbai real estate market in 2023 has survived global economic storms and reached unprecedented heights, signifying a turning point. A strong economy, growing disposable incomes, a tendency towards bigger living spaces have laid the groundwork for Mumbai real estate in 2024.

By Admin

  • 27th Jan 2024
  • 1179 Views
Apple Strengthens its Presence in India with New Bengaluru Office

Apple Inc.'s newest location in Bengaluru, India's innovation hub, has greatly increased its footprint in the nation. This shows the U.S. company's increasing commitment to India, the second-largest smartphone market, and its diversification outside China.

By Admin

  • 19th Jan 2024
  • 1190 Views
2023 Witnessed Increased Capital Raising Through REITs and InvITs in India, 2024 Could go Higher

India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.

By Admin

  • 15th Jan 2024
  • 1206 Views
Bengaluru's Youth Embrace Villa Lifestyle - A New Wave in Urban Living

In Bengaluru's northern, eastern, and south-eastern sectors, villa demand has increased. Villa aficionados are flocking to these places due to a 30-40% surge in villa interest.

By Admin

  • 7th Jan 2024
  • 1175 Views
Pioneering the Co-living Revolution in India - Colive Aims USD 20 Million Funding

Colive, a tech-driven platform for fully managed co-living spaces, is seeking $20 million from venture capital companies. This money will support the company's aggressive growth. Colive, based in Bengaluru, wants to increase its room capacity in Pune and other Indian cities.

By Admin

  • 27th Dec 2023
  • 1178 Views
Exploring Smart Strategies for Managing Multiple Loans Effectively

In today's fast-paced world, where aspirations often translate into multiple loans, effectively managing these debts is crucial.

By Admin

  • 12th Dec 2023
  • 1185 Views
India Shelter Finance to Boost Capital With INR 800 Crore Equity Issue and INR 400 Crore Offer for Sale

India Shelter Finance Corporation (ISFC), based in Haryana, is planning to increase its capital by raising ₹800 crore through new shares and ₹400 crore by selling some shares currently held by its investors.

By Admin

  • 11th Dec 2023
  • 1234 Views
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