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The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.
- 21st Apr 2024
- 1142 Views
Terravista Developers, an Adani Group affiliate, bought a 25-acre land in Haveli, Pune, to expand its data centre infrastructure. Leasehold rights from Finolex Industries enabled this Rs 471 crore ($56.6 million) investment.
- 13th Apr 2024
- 1158 Views
The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.
- 7th Apr 2024
- 1159 Views
MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.
- 6th Apr 2024
- 1170 Views
The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.
- 31st Mar 2024
- 1129 Views
India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.
- 31st Mar 2024
- 1170 Views
Star Tiger Shroff bought a 7.50-crore Pune house. Real estate database site says Shroff bought this in March 2024. Actor paid 52.50 lakh rupees in stamp duty for this property.
- 24th Mar 2024
- 1173 Views
In Pune, Thane, Nashik, Kalyan-Dombivli, Surat, Vadodara, and Ahmedabad, the Smart City Campaign has transformed urban growth. Research shows a huge beneficial impact on residents' lives, advocating a continuing effort beyond June 2024.
- 21st Mar 2024
- 1178 Views
Magicbricks has introduced MagicHomes, a fresh way to help you find the latest housing projects across India's big cities. Whether you're looking in Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, Pune, Ahmedabad, or Chennai, MagicHomes is here to make your search easier.
- 6th Mar 2024
- 1173 Views
CapitaLand India Trust (CLINT), a major real estate investor, bought BlueRidge 3 Phase 1 in Pune's IT corridor. This purchase, worth INR 773 crore, in Hinjewadi, the IT centre, shows CLINT's dedication to creating innovative and growing commercial spaces.
- 3rd Mar 2024
- 1178 Views
Nisus Finance and its strategic partner BCD Group invested around Rs 105 crore in Suvita Real Estate, a wholly owned subsidiary of Shapoorji Pallonji Real Estate. This senior secured listed non-convertible debentures (NCD) investment in a 12.16-acre land parcel in Pune's Manjari-Budruk.
- 3rd Mar 2024
- 1173 Views
Shriram Properties plans to expand in Pune, the second-largest property market in the country due to its rapid growth. Shriram Properties is expanding into Pune as part of its expansion plan.
- 14th Feb 2024
- 1182 Views
Kolte-Patil Developers is set to revolutionize the real estate landscape with its ambitious plan to launch projects worth approximately Rs 9,000 crore over the next 14 months, spreading its wings across Pune, Mumbai, and Bengaluru.
- 14th Feb 2024
- 1171 Views
The Bengaluru-based real estate developer Puravankara is expected to deliver 2,000 apartments this financial year, unleashing approximately 2 million square feet of growth potential throughout Bengaluru, Pune, Chennai, and Mumbai.
- 10th Feb 2024
- 1198 Views
Macrotech Developers, known as Lodha, has a significant presence in Mumbai, Pune, and Bengaluru and is considering expanding into a new city. The corporation uses a careful, step-by-step strategy to regional expansion after entering Bengaluru in November 2023.
- 6th Feb 2024
- 1199 Views