News

Mumbai real estate market is without a doubt one of the most dynamic in the world. Mumbai properties are seeing a level of velocity and traction that is virtually unparalleled in the world.

The Rustomjee Group is establishing Mt K Kapital, a development fund concentrating on residential and mixed-use real estate projects in the Mumbai Metropolitan Region.

Isprava Group, which manages Isprava and Lohono Stays, recently announced that it secured USD 130 million (about INR 987 crore) in an investment round headed by prominent family offices such Nadir Godrej and Burman.

Mumbai headquartered property developers Rohan Lifescapes is starting its largest project to date in Mumbai's northern neighbourhood of Borivali on a six-acre property with a potential income of more than Rs 2,000 crore.

Tata Realty and Infrastructure and the Canada Pension Plan Investment Board announced the formation of a new joint venture to build and own commercial office space in India.

Bangalore based Prestige Estates, Headquartered in Bengaluru, Surpasses INR 10,000 Crore Presales milestone

Motilal Oswal Home Financing has secured a USD 50 million long-term loan commitment from the United States International Development Finance Corporation (DFC) through the external commercial borrowing (ECB) channel.

Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF – II) announced a Rs 75 crore investment in Vakratunda Buildcon (VBPL), a joint venture between Shapoorji Pallonji and Vakratunda Group.

Tata Housing has sold plotted developments in Devanahalli, Bangalore worth INR 130 Crore in 36 hours flat creating a buzz in the Bangalore real estate market and the Indian real estate market overall.

In a major setback to kiln owners and customers, the GST on some sorts of bricks was increased from 5% to 12% on April 1 and the rules governing input tax credit (ITC) were also altered.

Thiruvananthapuram Corporation Collection of Regularisation Fees Increases 339 Percent in a Financial Year

On the auspicious day of Gudi Padwa, April 2, 2022, the City and Industrial Development Corporation (CIDCO) unveiled a gigantic plan offering plots and commercial space in Navi Mumbai.

Club Mahindra Holidays is preparing for a rapid expansion over the next three years. The business plans to spend Rs 1,200 crore over the next three years to create 1,000-1,500 more rooms.

One of India's biggest real estate development companies - DLF, is scheduled to spend Rs.2000 crore in the development of two new retail malls in Gurugram and Goa.

Following a Supreme Court directive, a consortium of seven banks would pay Rs 1,500 crore in loans to finish the building of the former Amrapali group's delayed projects.