Real Estate News

TVS Motor Acquires a Luxury Property in Koramangala, The Billionaire Street of Bangalore for INR 65 Crore
Real Estate News  | Bangalore » Koramangala
TVS Motor Acquires a Luxury Property in Koramangala, The Billionaire Street of Bangalore for INR 65 Crore

TVS Motor Company paid INR 65 crore for a residential property in Bengaluru, making it the most expensive residential property transaction in Bengaluru.

  • Admin
  • 3rd Feb 2023
How Will Budget 2023 Impact Real Estate in India?
Real Estate News  | 
How Will Budget 2023 Impact Real Estate in India?

Several significant developments in the union budget for 2023 directly or indirectly affect the Indian real estate and infrastructure industries.

  • Admin
  • 1st Feb 2023
Pune Headquartered Persistent Systems Leases 2000 Seats From Coworking Company Smartworks
Real Estate News  | Mumbai
Pune Headquartered Persistent Systems Leases 2000 Seats From Coworking Company Smartworks

IT services company Persistent Systems has rented almost 2000 seats from Smartworks, a supplier of flexible office spaces as per news from the Indian co-working sector.

  • Admin
  • 29th Jan 2023
Amazon Development Center India, Leases 2 Lakh Sq Ft Office Space in Gera Commerzone in Kharadi, Pune
Real Estate News  | Pune » Kharadi
Amazon Development Center India, Leases 2 Lakh Sq Ft Office Space in Gera Commerzone in Kharadi, Pune

Amazon Development Center (India), Amazon's software and support services division, has leased 200,000 square feet of office space in Pune's Gera Commerzone IT SEZ near Kharadi.

  • Admin
  • 29th Jan 2023
Why Are Many Delhi Real Estate Developers Avoiding Project Registrations with RERA?
Real Estate News  | Delhi
Why Are Many Delhi Real Estate Developers Avoiding Project Registrations with RERA?

According to Delhi real estate market reports, several developers are avoiding registering their projects with the Real Estate Regulatory Authority (RERA) despite the necessity to do so whenever the developed area surpasses 500 square mtrs, regardless of the number of flats constructed on the plot.

  • Admin
  • 27th Jan 2023
Nalin Gupta, MD of J Kumar Infraprojects Purchases Two Bungalows in Juhu, Mumbai
Real Estate News  | Mumbai » JSW Steel Area
Nalin Gupta, MD of J Kumar Infraprojects Purchases Two Bungalows in Juhu, Mumbai

Nalin Gupta, the managing director of the Civil Engineering firm J Kumar Infraprojects Ltd, has acquired two neighbouring homes in the exclusive Mumbai neighbourhood of Juhu for a total of INR 50 crore.

  • Admin
  • 27th Jan 2023
Order on Realty Portals Listing as Agents Upheld by The Maharashtra Real Estate Appellate Tribunal
Real Estate News  | Mumbai
Order on Realty Portals Listing as Agents Upheld by The Maharashtra Real Estate Appellate Tribunal

A tribunal for property-related appeals in Mumbai has upheld Maharashtra's real-estate authority's 2019 decree requiring property-listing websites to register as agents with the state regulator.

  • Admin
  • 27th Jan 2023
TriVeda Capital, based in Vasanth Nagar, Bangalore, Plans to Raise INR 7200 cr For Real Estate Projects in South India
Real Estate News  | Bangalore
TriVeda Capital, based in Vasanth Nagar, Bangalore, Plans to Raise INR 7200 cr For Real Estate Projects in South India

Bangalore based TriVeda Capital, a Sebi-registered Alternative Investment Fund (AIF), intends to fund INR 7200 Cr to invest in regional development projects.

  • Admin
  • 27th Jan 2023
CEO of Amway Global, Milind Pant Sells Luxury Gurgaon Apartment The Magnolias For an Amount of Almost INR 19 Cr
Real Estate News  | Gurgaon
CEO of Amway Global, Milind Pant Sells Luxury Gurgaon Apartment The Magnolias For an Amount of Almost INR 19 Cr

Amway Global's chief executive officer, Milind Pant has sold an apartment at The Magnolias in Gurgaon for 18.9 crore, according to records obtained by the real estate data analytics company CRE Matrix.

  • Admin
  • 27th Jan 2023
Berkshire Hathaway Partners With The Government of Maharashtra to Create a 1000 Acre Smart City in Raigad, Close to Navi Mumbai Airport
Real Estate News  | Raigad
Berkshire Hathaway Partners With The Government of Maharashtra to Create a 1000 Acre Smart City in Raigad, Close to Navi Mumbai Airport

In some amazing development, the chief minister of Maharashtra, Eknath Shinde, signed an MoU with Berkshire Hathaway HomeServices Orenda India to develop and operate physical and social infrastructure assets on the 1,000-acre smart city in Raigad during his five-day visit to the World Economic Forum

  • Admin
  • 23rd Jan 2023
MahaRERA - Developer Properties in Navi Mumbai to be Auctioned for Recovery
Real Estate News  | Navi Mumbai
MahaRERA - Developer Properties in Navi Mumbai to be Auctioned for Recovery

MahaRERA has issued recovery orders for approximately Rs 15 crore in Raigad district. Recovery orders are issued when promoters fail to pay MahaRERA interest, refund, or compensation.

  • Admin
  • 20th Jan 2023
Shapoorji Pallonji RE and PAG Enter to Revive The 91 Storeyed Minerva in South Mumbai
Real Estate News  | Mumbai » Mahalaxmi
Shapoorji Pallonji RE and PAG Enter to Revive The 91 Storeyed Minerva in South Mumbai

Minerva, India's tallest residential skyscraper in South Mumbai's Mahalaxmi neighbourhood, is backed by Shapoorji Pallonji Real Estate and PAG.

  • Admin
  • 19th Jan 2023
Google Inks  28 Year Lease for 381000 Giant Data Centre in Navi Mumbai as it Expands its Cloud Infrastructure
Real Estate News  | Navi Mumbai
Google Inks 28 Year Lease for 381000 Giant Data Centre in Navi Mumbai as it Expands its Cloud Infrastructure

Google, a subsidiary of Alphabet Inc., has signed a long-term lease deal for a 381,000-square-foot data centre in Navi Mumbai for the next 28 years, as it expands its cloud infrastructure in India to meet surging demand in one of its key growth regions.

  • Admin
  • 18th Jan 2023
Sunteck Realty Will Spend Around INR 7000 Cr to construct 25 Million Plus Sq Ft in Coming 8 Years
Real Estate News  | Mumbai
Sunteck Realty Will Spend Around INR 7000 Cr to construct 25 Million Plus Sq Ft in Coming 8 Years

Mumbai-based luxury property developer Sunteck Realty would spend INR 7000 Cr to build 25 Million+ Sq Ft in 8 Years.

  • Admin
  • 17th Jan 2023
Mahindra Lifespaces Obtains a 4 Acre Plus Plot Near Hosur Road in Singasandra, South Bengaluru
Real Estate News  | Bangalore » Hosur Road
Mahindra Lifespaces Obtains a 4 Acre Plus Plot Near Hosur Road in Singasandra, South Bengaluru

Mahindra Group's real estate and infrastructure development subsidiary, Mahindra Lifespace Developers, has acquired 4.25 acres of property in Singasandra, South Bengaluru.

  • Admin
  • 15th Jan 2023

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