Brookfield Asset Management, a renowned global institutional investor, aims to spend $10 billion in Indian real estate in three to five years.

Omkar Realtors has opened bookings for Tower B at Alta Monte in Malad East, Mumbai. Mumbai's western suburbs' highest four-towered skyscraper with 1200 spacious flats. Towers A, C, and D were completed.

Phoenix ARC, backed by Kotak Mahindra Bank, bought two stressed loans for ₹1,800 crore from IIFL, committing to an 83% recovery rate for the Fairfax-supported non-bank lender. The ₹1,500 crore acquisition was made in an open auction, with Phoenix ARC being the lone bidder.

IKIGAI Goa, a pioneering senior housing property near Panjim, Goa's dynamic capital, is proudly launched by Manasum Senior housing and Prescon Homes. IKIGAI Goa will open within 90 to 120 days with 240 luxurious, fully serviced one- and two-bedroom homes for contemporary seniors.

In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.

India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.

With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.

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.

The Maharashtra Housing and Area Development Authority (MHADA) has reduced plot contract violation fines. MHADA's six-month amnesty policy includes this decrease. Under certain scenarios, the programme reduces offenders' penalty costs.

The Delhi Development Authority (DDA) commences the third phase of its e-auction today, putting 257 luxury apartments, including exclusive penthouses and a variety of high and mid-segment flats, on the market in New Delhi's Dwarka neighborhood.

Signature Global, a prominent real estate developer listed on the stock exchange, has announced a major sales achievement with the disposal of over 1,000 luxury flats in its newest residential project 'DE LUXE-DXP', situated near the Dwarka Expressway in Gurugram, for a total exceeding Rs 3,600 cror

Awfis, India's leading flexible workspace provider, opened its largest facility in Bhubaneswar, Orissa, to promote creativity and cooperation. The breadth of Awfis's network makes it the leader in flexible workplaces, and its expansion development and potential in Tier II cities of India.

The solar energy leader Waaree Energies has partnered with Mahindra Susten, a renowned renewable independent power provider, in a milestone deal. With Mahindra Susten receiving 280 MW of Waaree Energies' cutting-edge solar modules, this agreement will boost India's clean energy potential.

In one week after opening, Tata Housing sold out Raagam Phase 1, earning over Rs 650 crores. This amazing sale of 576 plots encompassing 9 lakh square feet shows Bengaluru's significant demand for luxury residential areas.

Mumbai will complete an important infrastructural milestone when the first section of the Gokhale Bridge in Andheri is finished in March 2024. After a 15-month break, the bridge will partly open to light motor vehicles (LMVs) by the end of the month, easing commutes for many drivers.