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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
  • 1162 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
  • 1207 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
  • 1191 Views
Ashiana Housing Ltd Introduces ONE44 - Elevating Luxury Living in Jaipur

Ashiana Housing Ltd. launched ONE44, its latest luxury residential project, at a glittering occasion that ushered in a new era of affluent living in Jaipur. Over 3.5 acres, ONE44 will become a local hallmark for luxury.

By Admin

  • 14th Feb 2024
  • 1222 Views
Palava City is Poised for Unprecedented Growth - INR 8000 Cr Revenue Annually

Palava City, a smart township developed by Lodha, a prominent real estate investor, is expected to generate considerable income. The roughly 5,000-acre Palava City in Mumbai is estimated to earn over INR 8000 crore (USD 1 billion) yearly in the future years.

By Admin

  • 17th Jan 2024
  • 1226 Views
Vihang Group Establishes New Standards in Thane Real Estate Market With INR 850 Crore Worth Real Estate Projects

Vihang Group, a leading real estate developer, has launched four massive Thane projects. These projects cost above 850 crore rupees. They want to build around 5 million square feet of residential area in Thane micromarkets.

By Admin

  • 11th Jan 2024
  • 1249 Views
New Delhi Based Ashiana Housing Plans Strategic Investments for 2024

Ashiana Housing, a New Delhi-based real estate developer, plans to spend Rs 650-700 crore in land and building in 2023-24. The business wants to book Rs 1,500 crore in area in FY24 and add 7-8 million sq ft in three years.

By Admin

  • 10th Jan 2024
  • 1228 Views
Co-Working Company Awfis Space Solutions Launches IPO to Fuel Expansion and Innovation, Eyeing INR 160 Crore Raise

Awfis Space Solutions, a leading workspace solutions provider, filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. An OFS of up to 1 crore equity shares is offered with a new offering of up to INR 160 crore in the IPO.

By Admin

  • 26th Dec 2023
  • 1193 Views
Sunteck Realty Achieves Zero Net Debt, Powers Growth with Six Major Projects

A cash flow surplus helped Mumbai-based Sunteck Realty reduce its net debt. This excess, mostly from Satguru Infocorp Services and Starlight Systems' 60 lakh share sales, would be used to accelerate the company's commercial activities.

By Admin

  • 22nd Dec 2023
  • 1217 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

By Admin

  • 20th Dec 2023
  • 1264 Views
JNPA Rakes in Rs 400 Crore from SEZ Plot Leasing in a Landmark E-Auction

The Jawaharlal Nehru Port Authority (JNPA) earned Rs 426 crore by leasing 14 properties, comprising 42 hectares, in its Uran Taluka, Raigad district Special Economic Zone (SEZ). This e-auction promotes industrial expansion and marks JNPA's revenue milestone.

By Admin

  • 18th Dec 2023
  • 1230 Views
As Suraj Developers Plans to Raise 400 Cr, it Remains Focussed on Revenue Growth

Suraj Estate Developers, situated in Mumbai, plans to raise 400 crore via a main market share sale. The residential and commercial firm plans to use ₹285 crore for debt payments for both itself and its subsidiaries. The corporation would also spend 35 crore on property or land development rights.

By Admin

  • 14th Dec 2023
  • 1212 Views
Brigade Group Unveils Brigade Sanctuary at Whitefield-Sarjapur Road

Brigade Sanctuary, a residential complex by Brigade Enterprises, blends contemporary living with nature. Brigade Sanctuary, a 14-acre joint venture on the Whitefield-Sarjapur Road, features 1275 units, comprising 1, 3, and 4-bedroom homes, with a revenue potential of Rs 2,000 cr.

By Admin

  • 3rd Dec 2023
  • 1204 Views
Roha Realty & Sabari Group Join Hands To Develop Real Estate Projects in Chembur Worth More Than INR 2000 Cr

Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.

By Admin

  • 2nd Dec 2023
  • 1232 Views
Maharashtra Stamp Duty Amnesty Scheme 2023 Called as Maharashtra Mudrank Shulk Abhay Yojana 2023 Announced by The Government

In a cabinet meeting on November 23, Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis announced the Maharashtra Mudrank Shulk Abhay Yojana 2023, a stamp duty amnesty programme.

By Admin

  • 30th Nov 2023
  • 1551 Views
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