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Godrej Properties, a significant real estate investor, plans to launch Rs 30,000 crore in residential projects in India's main cities this fiscal year. Due to strong demand, the firm wants to expand sales bookings by 20%.
- 7th May 2024
- 1151 Views
Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.
- 1st May 2024
- 1181 Views
Over the last two years, India's real estate business has seen record sales, increasing demand for construction and sales skills. Since competent workers are scarce, consultancy companies and developers are hiring new graduates from business schools.
- 28th Apr 2024
- 1171 Views
The participation of Non-resident Indians (NRIs) in India’s residential real estate market has seen a significant rise, now accounting for nearly a quarter of the total sales among large developers, up from just 7-10% prior to the pandemic.
- 26th Apr 2024
- 1167 Views
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.
- 21st Apr 2024
- 1167 Views
Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.
- 21st Apr 2024
- 1159 Views
Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.
- 14th Apr 2024
- 1188 Views
Dubai's reputation as a favourable global hub for business and financial activities makes it a prime destination for Indian investors. The city's impressive economic growth, coupled with a business-friendly environment featuring minimal taxes, golden visas, and streamlined regulations.
- 13th Apr 2024
- 1185 Views
The Prestige Group, a renowned Indian real estate developer, has carefully bought 21 acres of prime Whitefield, Bangalore property. For the firm, this Rs 450 crore acquisition signifies a major expansion in one of the city's key IT corridors.
- 6th Apr 2024
- 1181 Views
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.
- 31st Mar 2024
- 1133 Views
According to the Prime Global Cities Index, Mumbai, Delhi, and Bangalore have higher housing prices. Buyers are increasingly choosing property investments to better their lives.
- 24th Mar 2024
- 1173 Views
In a symbol of Gurugram's rise as India's real estate capital, Godrej, Oberoi, Adani, and DLF have begun building luxury residential projects in the city. Prestige and Sobha are also competing in the city's property market, which is booming and attracting attention.
- 3rd Mar 2024
- 1174 Views
Brigade Group's ambitious residential and hotel growth plans are transforming Chennai's environment. This move will revolutionise luxury living and recreation in a fast-growing Indian city.
- 22nd Feb 2024
- 1226 Views
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.
- 14th Feb 2024
- 1184 Views
Kandivali combines old world beauty with contemporary elegance in Mumbai's western suburbs. This GHAR guide explains why Kandivali is more than just another Mumbai suburb and a growing centre for luxury real estate and infrastructure development, making it appealing to homeowners and investors.
- 27th Jan 2024
- 1195 Views