News

BGH Properties, a subsidiary of the Aditya Birla Group, has purchased a bungalow in an affluent Mumbai neighbourhood for Rs 220 crore

Ajmera Realty Purchases Vikhroli Land From Tata Communications Ltd. The projected gross sales value of the purchase of the 5,017 square metre plot is Rs 550 crore, and it would be used for a residential complex providing 1/2/3 BHK.

An analysis by property consultancy CBRE reveals that real estate developers and foreign funds invested significantly in land acquisition in Delhi-NCR and Mumbai during 2018-2022, as over 60% of the fund was used in these two cities.

IndoSpace, a developer of industrial and logistics parks, has invested Rs 1000 Cr to expand its warehouse presence in NCR

Casagrand has introduced Casagrand Aspires, an affordable residential community in Chennai's Navalur neighbourhood. The sprawling 1.76-acre property with 316 apartment units offers a variety of 2- and 3-BHK apartments starting at just Rs 3,599 per square foot.

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.

Code name New You, Century Real Estate's newest development, targets millennial homebuyers. It lies in Jakkur, North Bengaluru's future-proof and millennial-friendly hub, with robust social infrastructure, offices, fitness centres, hospitals, breweries, and weekend adventures.

Chennai real estate has two distinct sides. Many inhabitants are relocating out from the city in pursuit of inexpensive houses under INR 1 crore, while demand for Chennai luxury residences in prominent metropolitan areas is rising significantly.

Mumbai-based real estate developer Arkade Developers recently confirmed its intention to file a draught red herring prospectus (DRHP) with the market regulator by June 2023 in order to raise approximately INR 600 crore via an initial public offering (IPO).

Between 2023 and 2025, 678 MW will be added to the digital transformation industry in India due to the increasing use of digital technology, the migration of IT infrastructure to third-party providers, and the increased use of data from new and existing channels.

With its mixed-use integrated township, Hiranandani Fortune City in Panvel, near to Mumbai, the Mumbai-based real estate firm Hiranandani Communities expects to spend more than Rs 1000 Cr, or around USD 1.15 billion.

2023 April second week's unexpected pause in interest rate hikes by the Reserve Bank of India (RBI) and record fourth-quarter pre-sales readings by real estate developers have reignited investor appetite for property stocks.

Nashik Credai Metro has appointed Krunal Patil president of the Nashik Chapter for the years 2023-24. He succeeds Ravi Mahajan as the sixteenth President to be appointed.

OfficeBanao, which provides a platform for designing and furnishing office spaces, has secured $6 million in initial investment led by Lightspeed.

The Maharashtra bench of the Appellate Authority for Advance Rulings denied a Cooperative Housing Society (CHS) on Pedder Road's GST appeal (AAAR). Goods and Services Tax (GST) will apply to "voluntary" contributions made by a departing member, as reported by TOI on 8 June 2022.