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.

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.

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.

A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.

Maharashtra buys the famous Air India building at Nariman Point, Mumbai, for INR 1,601 crore. New state development and strategic planning begin with this historic purchase.

Real estate marketing in India has changed drastically in the digital era. Online real estate platforms, listing websites, and AI-driven sites like Ghar.tv are digitising the Indian real estate business. Ghar.tv's creative strategy is changing online real estate in India.

An deal was reached to buy a 100% share in Goel Ganga Ventures India Private Limited (GGVIPL) by Lodha Group, a major Indian real estate developer. After this deal, Lodha Group will hold 100% of GGVIPL.

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.

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.

Aamor Inox Pvt. Ltd., a Delhi-based metals producer and exporter, has entered the real estate market. The business paid INR 87.5 crore for Delhi land and a home. The September transaction coincided with the Delhi government's intention to raise the circular rate for agricultural property.

Bank of America (BofA) has acquired 1.1 million square feet of Chennai office space in a major move. This sale is BofA's biggest office space transaction of 2023 and one of its largest captive centres outside the US. The DLF Downtown, Taramani site is for the bank's Indian back office.

The Indian real estate industry had a great 2023! Indian property markets saw some of the largest transactions ever. Lots of action—acquisitions, IPOs, new project launches. 2023 has set up the Indian real estate sector for future growth.

Gurgaon's upscale real estate market is making waves with a staggering INR 100 crore transaction for a sprawling 10,000 square feet residence at DLF's The Camellias. Located on the city's coveted Golf Course Road, this property's value has seen a meteoric rise.

In a recent high-profile real estate transaction, Peyush Bansal, the dynamic co-founder of Lenskart, has acquired a lavish residence in Neeti Bagh, one of Delhi's most sought-after neighborhoods.

Amazon Data Services India buys a four-acre plot in Mumbai's lucrative Powai district. Larsen & Toubro's 18-year lease is the basis of this transaction.