You Searched for: 2021

Total 22 Results

Surge in Indian Housing Prices Reflects Growing Market Confidence as 2024 Unfolds

Bengaluru, Delhi NCR, and Kolkata have witnessed house costs rise 20% in the previous two years. These locations saw a 30% price spike from 2021 to 2023 due to strong demand for mid- and luxury homes, according to Colliers.

By Admin

  • 10th Mar 2024
  • 1178 Views
Housing Societies in Mumbai Will Require Norms for Electronic Vehicle Charging Infrastructure

The Bombay High Court heard a PIL asking the court to direct the Registrar of Cooperative Housing Societies to set rules for installing electric vehicle (EV) charging stations in co-op housing societies.  The court notified the parties and ordered a hearing on January 6, 2021.

By Admin

  • 20th Nov 2022
  • 1730 Views
Luxury Real Estate Market in Mumbai is Thriving Due to The Burgeoning Mumbai Real Estate Sector

According to a study that was carried out in collaboration by India Sotheby's International Realty (SIR) and CRE Matrix, the luxury real estate market in Mumbai reached Rs 20,255 crore in 2021, which was the highest level in the past four years.

By Admin

  • 30th Aug 2022
  • 1258 Views
Mumbai Luxury Home Sales Have More Than Doubled in Two years

Luxury residential property sales in Mumbai increased more than twofold year on year to Rs 20,255 crore in 2021, owing to growing customer demand for larger residences with more facilities and cheap mortgage rates.

By Admin

  • 30th Apr 2022
  • 1537 Views
Embassy REIT Pledges to Operating With a Net Zero Carbon Footprint by 2040

Embassy Office Parks REIT has committed to achieving net zero carbon emissions throughout its operating portfolio by 2040, three decades ahead of India's 2070 objective announced at the Glasgow COP26 meeting in 2021.

By Admin

  • 20th Mar 2022
  • 1405 Views
More Than 400 Developers in Maharashtra Choose E-registration in 120 Days Post Online Facility Launch For Primary Properties

In Maharashtra, over 400 real estate developers have submitted for e-registration of their projects from their offices since October 2021, when the online service for first-sale homes was offered to reduce congestion at the state's sub-registrar offices.

By Admin

  • 17th Feb 2022
  • 1514 Views
Mumbai Headquartered Mindspace REIT Q3 Net Operating Income Up Approximately by 4 Per Cent

On February 10, 2022 Mindspace Business Parks REIT announced a 3.8 percent rise in quarterly and nine-month net operating income to Rs 371.5 crore for the quarter and nine months ended December 31, 2021.

By Admin

  • 11th Feb 2022
  • 1490 Views
How Will Net Profit Decline of 15 Per cent of DLF in Q3 FY22 Affect The Gurugram Real Estate Market?

DLF Ltd reported a 15% decline in overall net profit to Rs 379.49 crore for the December 2021 quarter, but nearly quadrupled sales bookings to Rs 2,018 crore due to high demand for its premium houses.

By Admin

  • 1st Feb 2022
  • 1430 Views
Profitability of Macrotech Developers (Lodha Group) increased by 24% to Rs 286 crore in Q3 FY22.

In the three months ending December 2021, Macrotech Developers recorded a 24% rise in consolidated net profit to Rs 286.38 crore. According to a regulatory filing, the real estate development company's net profit in the prior year was Rs 231.71 crore.

By Admin

  • 27th Jan 2022
  • 1376 Views
Indian Real Estate Market Was Topped By Investments in Industrial & Logistics, Residential With More Than 50% in 2021, Year 2022 Looks Better

Indian Real estate looks set to revive in 2022. In the last year of 2021, institutional investors in real estate have pumped in close to a total amount of USD 4 billion. It's down 17% year over year, but capital inflows in Indian real estate overall are up across major asset classes and regions.

By Admin

  • 26th Jan 2022
  • 1473 Views
Lodha Group Secures Pre-Sales of Rs. 2,608 Crore in Mumbai Real Estate Projects, Reducing Debt

Lodha Group, one of India' leading real estate developer, recently stated that it secured pre-sales of Rs. 4500 crore in the October-December quarter of 2021, including Rs. 2,608 crore from projects in India and £191 million or Rs. 1900 crore from projects in the United Kingdom.

By Admin

  • 26th Jan 2022
  • 1462 Views
Office Leasing in India Exceeded 2016-2018 Average Office Leasing Numbers in 2021

This is surely good news for commercial real estate in India. According to prominent real estate companies, office gross absorption in India's top six cities was over 33 million square feet, a 10% increase over 2020.

By Admin

  • 25th Jan 2022
  • 1538 Views
With The Fervour of Festivals Back, Is 2021 Last Quarter The Right Time To Invest in Indian Real Estate?

Amid the coronavirus pandemic, real estate has once again emerged as the safest investment option. For Indians, owning a home has been traditionally considered a matter of prestige as well as safety.

By Admin

  • 12th Oct 2021
  • 1403 Views
Pune Real Estate Sales Witness Tremendous Improvement in 2021

Pune real estate has clocked sales of around 53,000 housing units in the period between January and July 2021 as compared to about 49,000 housing units between January and July 2019 indicating an almost 8% growth.

By Admin

  • 11th Oct 2021
  • 1661 Views
Superb September 2021 For Mumbai Real Estate; 7000 plus Property Deal Registrations Done in Mumbai

More than 7,500 property deals were registered in Mumbai in September 2021 (as of September 29) which is an almost 11 percent increase month-on-month (MoM) compared to August 2021, according to data from the Inspector General of Registration (IGR), Maharashtra, available until September 29.

By Admin

  • 6th Oct 2021
  • 1441 Views
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