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Surge in NRI Investment Boosts Indian Real Estate Market

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.

By Admin

  • 26th Apr 2024
  • 1143 Views
K Raheja Corp to Transform Mumbai's First Mall into a 50-Storey Luxury Residential Tower

K Raheja Corp is redeveloping Mumbai's first mall, Sobo Central Mall, into a premium residential tower. It encompasses 1.3 acres in South Mumbai's premium Haji Ali neighbourhood and was launched in the late 1990s as Crossroads. A 50-story sea view skyscraper with almost 250,000 sq ft of development.

By Admin

  • 26th Apr 2024
  • 1144 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
  • 1150 Views
Baashyaam Constructions to Acquire Prime Chennai Land from Standard Chartered

Baashyaam Constructions will buy a prime land from Standard Chartered Bank in Chennai. The INR 800 crore transaction covers a 4.6-acre plot that Standard Chartered bought from ANZ Grindlays Bank.

By Admin

  • 21st Apr 2024
  • 1153 Views
Mumbai Luxury Real Estate Market Moves Higher as Wellknown Polyesters' Chairman Buys Lodha Malabar Property

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.

By Admin

  • 21st Apr 2024
  • 1143 Views
Piramal Enterprises Invests Rs 500 Crore in Puravankara's Diverse Real Estate Portfolio

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.

By Admin

  • 14th Apr 2024
  • 1166 Views
Prestige Group Secures Prime 21-Acre Land in Whitefield for Luxury Residential Development

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.

By Admin

  • 6th Apr 2024
  • 1165 Views
Prestige, Kotak, Abu Dhabi Investment Authority Partner For INR 18000 Cr Development Projects

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.

By Admin

  • 3rd Apr 2024
  • 1164 Views
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
  • 1130 Views
Why is Senior Living Homes in India a Big Real Estate Opportunity For Developers?

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.

By Admin

  • 31st Mar 2024
  • 1174 Views
The Ultimate Dubai Real Estate Investment Guide

Dubai stands as a beacon of architectural innovation and luxury living. With its property market among the world's highest performers, the emirate continues to attract substantial international investment, backed by a 15.9% growth in residential prices through May 2023.

By Admin

  • 24th Mar 2024
  • 1175 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
  • 1196 Views
Signature Global Achieves Remarkable Sales of Over 1,000 Luxury Apartments in Gurugram

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

By Admin

  • 7th Mar 2024
  • 1191 Views
Mumbai Real Estate Deals Hit Record Numbers in February 2024

February 2024 saw record property registrations in Mumbai's real estate market. Under the Brihanmumbai Municipal Corporation's (BMC) authority, 12,040 units were registered by 8 p.m. on Thursday, with predictions of a little rise.

By Admin

  • 6th Mar 2024
  • 1181 Views
Why Has Gurugram Become The New Favorite for India's Top Real Estate Developers?

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.

By Admin

  • 3rd Mar 2024
  • 1167 Views
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