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.
- Admin
- 17th Jan 2024
New Delhi Based Real Estate Developer Omaxe Secures 450 Crore Funding Boost from Kotak Mahindra Bank
Omaxe raised 450 crore from Kotak Mahindra Bank Limited. This strategy helped Omaxe repay a lot of its debt. This money paid off the April 2022 Värde Partners debt with Rs 290 crore.
- Admin
- 17th Jan 2024
Uttar Pradesh Unveils Plans For New Ayodhya City on 1000 Acres
The Uttar Pradesh government plans to build a 1,000-acre metropolis near Ayodhya with traditional and modern architecture. Nitin Gokarn, the state's Additional Chief Secretary for Housing and Urban Development, said the government had bought land for 'New Ayodhya', a groundbreaking project.
- Admin
- 17th Jan 2024
Indian Real Estate Embraces Prefabrication Technology
Prefabrication and precast technologies are changing the Indian real estate and construction industries. Larsen & Toubro and Tata Realty & Infrastructure are leading the way in speedier, more efficient, and greener construction. Modern building methods promise to transform the industry.
- Admin
- 17th Jan 2024
High Street Real Estate in India Growing Consistently
India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.
- Admin
- 16th Jan 2024
Satish Chandra Takes Charge as RERA Chairperson of Jammu and Kashmir Real Estate Regulatory Authority
The Union Territory of Jammu and Kashmir has appointed Satish Chandra, the former chairman of the J&K Public Service Commission (J&K PSC), as the next head of the RERA.
- Admin
- 15th Jan 2024
First Luxury Real Estate Deal of 2024 - Vratika Gupta, CEO of Maison Sia Buys 116 Cr Home in Oberoi 360 West
South Mumbai, predictably, has delivered the first big ticket size luxury real estate deal of 204 in Mumbai. Vratika Gupta, the founder and CEO of luxury home decor store Maison Sia, has set a new benchmark in Mumbai's real estate market by acquiring a sea-view residence in the exclusive Worli loca
- Admin
- 15th Jan 2024
2023 Witnessed Increased Capital Raising Through REITs and InvITs in India, 2024 Could go Higher
India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.
- Admin
- 15th Jan 2024
Exploring Popular Trends in Indian Hospitality Sector in 2024
Indian hospitality is undergoing a change in 2024, with new trends expected to revolutionise visitor experiences. Staying on top of these trends is crucial for industry experts and firms to remain ahead of the competition.
- Admin
- 14th Jan 2024
What Will Indian Real Estate in 2024 Look Like?
The Indian real estate industry returned from the 2022 shock and maintained its record-breaking velocity into 2023, propelled by strong demand and supply. This article on Ghar tries to make sense of it all.
- Admin
- 13th Jan 2024
PM Modi Inaugurates Atal Setu, India's Longest Sea Bridge in Mumbai
Narendra Modi opened the Mumbai Trans Harbour Link (MTHL), also known as Atal Bihari Vajpayee Sewri Nhava Sheva Atal Setu, for public commuters. This massive six-lane sea bridge, 21.8 km long and 16.5 km across the sea, shows India's infrastructure.
- Admin
- 12th Jan 2024
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.
- Admin
- 11th Jan 2024
A New Ayodhya Beckons - Ambitious INR 2K Cr Greenfield Township Plan by UP Government
The Uttar Pradesh government plans to create a 1200-acre Greenfield Township with an investment of around ₹2,180 crore. This proposal is a model for pilgrimage cities. Prime Minister will likely launch the initiative shortly.
- Admin
- 11th Jan 2024
A Unique Development in Gurugram by REC - Residential Complex Combined With Welfare
The Rural Electricity Corporation developed a massive residential complex in Gurugram, Haryana, improving staff welfare. This project shows REC's forward-thinking attitude to worker well-being by offering top-notch housing, health, and educational facilities.
- Admin
- 11th Jan 2024
Singapore Based CapitaLand Investment to Invest INR 4500 Cr in Tamil Nadu
Singapore-based CapitaLand Investment Ltd. signed three significant MoUs with Tamil Nadu on January 9. The state would get around Rs 4,500 crore from this ambitious endeavour over five years.
- Admin
- 11th Jan 2024
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