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Brookfield Asset Management, a renowned global institutional investor, aims to spend $10 billion in Indian real estate in three to five years.
- 2nd May 2024
- 1136 Views
Lodha, known as Macrotech Developers, expects robust housing market expansion in 2024-25. Over ₹21,000 crore in new projects are planned by the corporation, after a ₹20,300 crore boost last year.
- 28th Apr 2024
- 1145 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
- 1149 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
- 1151 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
- 1155 Views
According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.
- 21st Apr 2024
- 1161 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
- 1147 Views
The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.
- 21st Apr 2024
- 1157 Views
Land record digitalization will be prioritised by the Indian government to streamline land procedures. The incoming government is likely to support this critical effort with roughly ₹1,035 crore. To speed up land acquisition and construction, the initiative seeks to digitise all land records by 2026
- 20th Apr 2024
- 1155 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
- 1174 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
- 1167 Views
Due to decarbonisation ambitions, more Indian enterprises are prioritising eco-friendly commercial real estate. Green office space demand is outpacing supply in India's key property markets, signalling a new age of corporate environmental conscience.
- 9th Apr 2024
- 1179 Views
Embassy Group invested Rs 1,160 crore in Indiabulls Real Estate. Preferential allocation brings additional cash into Indiabulls, enabling new South Indian real estate developments.
- 7th Apr 2024
- 1175 Views
The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.
- 7th Apr 2024
- 1180 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
- 1169 Views