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Bangalore Based Puravankara Sets a New Benchmark With a Record-Breaking INR 5914 Crore Sales in FY24

Purevankara outperformed itself in 2024, selling Rs 5,914 crores, up 90% from Rs 3,107 crores in FY23. Customer collections increased by 60% to Rs 3,609 crores from Rs 2,258 crores last year.

By Admin

  • 7th Apr 2024
  • 1185 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
  • 1211 Views
Godrej Properties Buys 4-Acre Land in Yeshwanthpur, Bengaluru

Godrej Properties Ltd. bought a 4-acre Bengaluru plot. The business aims to build a luxury housing estate on this property, selling apartments for Rs 1,000 crore.

By Admin

  • 9th Jan 2024
  • 1228 Views
Colliers India Completes the Sale of a Boutique Hotel in Bangalore on Behalf of a Prominent Hospitality Group

A prominent hospitality company sold a Bangalore boutique hotel via Colliers India. Colliers worked well with the Asset Reconstruction Company (ARC), Trustee, bank, buyer, and seller to complete this 150,000-square-foot transaction.

By Admin

  • 7th Jan 2024
  • 1234 Views
Bandhan Bank to Sell INR 775 Crore Home Loan Portfolio to Arcil for INR 280 Crore

Bandhan Bank will sell its ₹775-crore affordable house loan portfolio to Avenue Capital-backed Arcil for ₹280 crore. A planned cash transaction by the bank addresses financial challenges for low-income households struggling to repay housing loans of ₹10-12 lakh.

By Admin

  • 28th Dec 2023
  • 1228 Views
Cognizant Planning to Sell Key Office Assets in Hyderabad and Chennai

Cognizant Technologies, a major software corporation, is moving towards asset-lightness. The company will sell its large Hyderabad and Chennai offices. Cognizant's approach is to concentrate on non-core real estate and simplify operations.

By Admin

  • 12th Dec 2023
  • 1235 Views
India Shelter Finance to Boost Capital With INR 800 Crore Equity Issue and INR 400 Crore Offer for Sale

India Shelter Finance Corporation (ISFC), based in Haryana, is planning to increase its capital by raising ₹800 crore through new shares and ₹400 crore by selling some shares currently held by its investors.

By Admin

  • 11th Dec 2023
  • 1249 Views
Tata Autocomp Sells Land in Maan, Pune For INR 134 Cr

Titania Industrial Development bought a 13.26-acre tract in Pune's Maan neighbourhood for Rs 134 crore from Tata AutoComp Systems.

By Admin

  • 1st Dec 2023
  • 1211 Views
Bollywood Heartthrob Ranveer Singh Sells Two Apartments in Oberoi Exquisite, Goregaon East, Mumbai For INR 15.25 Cr

Ranveer Singh reportedly paid Rs 4.64 crore for each of the two apartments in December 2014, as evidenced by documents obtained by IndexTap.com

By Admin

  • 11th Nov 2023
  • 1224 Views
Bombay Dyeing Set to Divest 22 acres in Worli for a Whopping INR 5200 Crore

The Wadia Group-owned Bombay Dyeing & Manufacturing Company (BDMC) will sell 22 acres of premium Worli property to a subsidiary of Japan's Sumitomo Realty & Development Company is buying the prime real estate for INR 5200 cr

By Admin

  • 14th Sep 2023
  • 1292 Views
Brookfield India REIT Launches an Offering to Raise INR 3500 Crore Through The Sale of Units

Brookfield India Real Estate Trust is selling private placement units to institutional investors to earn up to Rs 3,500 crore to buy two Gurugram and Mumbai properties.

By Admin

  • 30th Jul 2023
  • 1263 Views
Blackstone to Purchase Logistics Park in Haryana & Other Entities from Transindia Real Estate For INR 687 Crore

Transindia Real Estate is selling a logistics park in Haryana and a stake in several other facilities to Blackstone-managed funds for 687 crore.

By Admin

  • 8th Jun 2023
  • 1286 Views
Macrotech Developers Anticipates a 20 Per Cent increase in Sales Bookings in Fiscal Year 2024

Real estate company Macrotech Developers (Lodha Group) has set a goal to sell properties worth 14,500 crore this fiscal year, up 20% from the previous year, and will acquire additional land for future expansion.

By Admin

  • 26th Apr 2023
  • 1300 Views
Spectrum Metro in Noida Sector 75 Announces the Addition of Prominent Fashion & Culinary Brands

Spectrum Metro, the high-street retail commerce capital located in Noida Sector 75, has finalised leased space agreements with well-known brands such as Smaaash, Reliance Digital, Reliance Trends, Uni Applem Reseller, and Toksik, among others.

By Admin

  • 20th Apr 2023
  • 1356 Views
How Will The BMC Plan of Creating INR 1000 Cr Fund to Create Public Spaces Impact Mumbai Real Estate?

The royal family of Travancore has inked a deal with Sahana Real Estate & Builders to sell the Travancore House and a plot of land with a central Delhi mansion and a Bengaluru property for Rs 250 crore, according to real estate media.

By Admin

  • 4th Apr 2023
  • 1318 Views
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