Category: Real Estate

Indian realty firm, Shapoorji Pallonji Group has sought more time, to meet some payment obligations from bondholders of group company Goswami Infratech, according to a […]

As many as 449 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by cost overrun of more than ₹5.01 lakh […]

Magicbricks has released its rental update for January-March 2024, indicating a surge in rents across 13 major Indian cities. The report highlights a 16 per […]

Blackstone-sponsored Nexus Select Trust is planning to acquire more malls in major and strategic locations across the country, as part of its overall plan to […]

Blackstone-sponsored Nexus Select Trust is poised to report 9 per cent growth in its net operating income (NOI) and 9-10 per cent higher distribution in […]

Asia Pacific-focused real asset manager ESR Group, which was previously looking for a partial exit and dilution of its logistics holdings in India, now plans […]

DLF Ltd, the country’s largest real estate company, on Thursday said, ‘DLF Privana West,’ — its latest luxury residency project — has achieved a sell out […]

Lenders and infrastructure sector players plan to seek relaxation in provisioning norms, and lengthening of moratorium on repayments, among others, in response to RBI’s draft […]

The number of ghost shopping malls with vacancy of over 40 per cent rose to 64 in 2023 from 57 in 2022, while the number […]

Hyderabad, which is emerging as a key data centre hub, gets a shot in the arm with Microsoft expanding the scope of its data centre […]

Godrej Properties reported a 14 per cent increase in its net profit in the fourth quarter of FY24. The company’s revenue from operations fell 13.4 […]

Credit outstanding to the housing sector rose by nearly ₹10 lakh crore in the last two fiscals to reach a record ₹27.23 lakh crore in […]

Birla Estates, a wholly-owned subsidiary of Century Textiles and Industries and the real estate venture of the Aditya Birla Group, has recorded sales of ₹2,500 […]

Raymond Ltd reported net profit of ₹229.2 crore in Q4, up 18 per cent on year and revenue that rose over a fifth to ₹2,608.5 […]

Singapore-listed CapitaLand Investment Trust (CLINT) has entered into a forward purchase agreement to acquire Phoenix Group’s IT buildings in Hitec City as part of which […]

Aptus Value Housing Finance Ltd has reported a 21 per cent increase in consolidated profit after tax at ₹164 crore for the quarter ended March 31, […]

Fractional ownership platform hBits plans to register with the Securities and Exchange Board of India as a ‘small and medium real estate investment trust’ (SM […]

Mindspace Business Parks REIT reported a 9.3 per cent rise in net operating income (NOI) in the fourth quarter of FY24 and a 11 per […]

Indiabulls Real Estate Ltd (IBREL) has posted widening of consolidated net loss at ₹1,038.65 crore for the last fiscal year. Its net loss stood at […]

Mahindra Lifespace Developers Ltd has reported a marginal decline in consolidated net profit to Rs 97.89 crore during the last fiscal year on lower income. […]

Traditionally India’s office space is dominated by office buildings that are strata-owned, leading to poorly managed office spaces, but that is changing as developers with […]

Home interior solutions brand, DesignCafe has turned EBITDA profitable in March on the back of focus on improving gross margins and bringing in operational efficiencies. […]

Embassy Office Parks REIT has guided for 5.4 msf of gross leasing in FY25, despite exceeding its FY24 target by 35 per cent, indicating a […]

The 2024 edition of the Neo-Realty survey by WiseX, a Neo-realty investments platform, stated that 60 per cent of overall investors (out of 6578 respondents) […]

Real estate company, Eldeco Infrastructure and Properties Ltd and one of the largest real estate fund managers in India, HDFC Capital Advisors Limited on Wednesday […]

The demand momentum in the real estate market, especially the residential segment, has spurred the growth of real estate startups, called proptechs, some of which […]

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has flagged 212 projects in the state, launched during January to April 2023, that have not updated the […]

Everstone-backed IndoSpace, which develops and manages industrial and logistics parks in India, has started work on floating an infrastructure investment trust (InvIT) and raise around […]

Oberoi Realty’s sales bookings have declined 53 per cent to ₹4,007 crore in the last financial year on higher base. The sales bookings of Mumbai-based […]

Builders and other entities have closed at least 29 land deals involving 721 acres during January-March this year to expand their businesses amid a surge […]

Real estate company, TARC Ltd, saw a 200 per cent y-o-y growth in pre-sales to ₹1,612 crore for FY24, while annual collection to date stood […]

The Indian hospitality sector is optimistic about the future, with experts predicting a further increase in average room rates (ARRs) for FY25. This comes after […]

Offshoring companies, led by Global Capability Centres (GCCs), have leased over 46 per cent of the office space in India with an overall leasing volume […]

In one of the most expensive real estate deals in Bengaluru, Ajit Isaac, Chairman and managing director of Quess Corp, has bought a 10,000 square […]

Real estate major Brigade Enterprises Limited has reported the highest presales in a fiscal year, with ₹6,013 crore in FY24 and ₹2,243 crore in Q4. […]

The demand for luxury residences continues unabated in Mumbai, the biggest property market in the country in terms of value. Anil Gupta, chairman and managing […]

French hospitality leader Accor is setting ambitious goals for India. Currently holding the number three spot by room count, Accor aims to become the second-largest […]

K Raheja Corp Real Estate has acquired the land and buildings of Crossroad Condominium in Mumbai’s Haji Ali area, previously home to Sobo Central Mall […]

Greenbase Industrial & Logistics Parks, a joint venture between Niranjan Hiranandani-led Hiranandani Group and US-based private equity major Blackstone Group, has chalked out a fresh […]

The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea filed by four unit buyers of Parsvnath Landmark Developers to initiate insolvency proceedings against […]

There is headroom for home prices to rise in the near term, but forecasting for a longer term would be difficult, said Gaurav Pandey, Chief […]

Gautam Singhania-owned Raymond Realty is currently working on residential projects with gross revenue potential of ₹30,000 crore, bulk of which is coming up on 40 […]

Nearly half of Godrej Properties sales in FY24 have come from the National Capital Region and the Mumbai Metropolitan Region contributed 29 per cent of […]

Blackstone Inc is looking at investing in the hospitality sector in India and according to sources, is already evaluating two hotels in southern India as […]

Indiabulls Real Estate said its board has approved raising ₹3,911 crore through the issuance of shares and warrants to investors, including the Blackstone Group and […]

Realty firm Macrotech Developers Ltd has reduced its net debt by 55 per cent in the fourth quarter of the last fiscal to ₹3,010 crore […]

Embassy Office Parks REIT plans to raise ₹2,500 crore via equity through an institutional placement. This money will partly fund its acquisition of an office […]

Embassy Group, the largest shareholder in Indiabulls Real Estate, has invested ₹1,160 crore through a preferential allotment of shares and warrants. Of this, 25 per […]

In a significant rebound, office space leasing in Hyderabad has gone up by 46 per cent in the fourth quarter ended March 31, 2024, at […]

The first quarter of 2024 saw a 9 per cent rise in home sales at 86,345 units across top eight cities in India, while office […]

Sunteck Realty Ltd has leased out a commercial building in Mumbai’s business district, Bandra Kurla Complex, to Bennet, Coleman & Co for 29 years to […]

As many as 443 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by a cost overrun of more than ₹4.92 […]

Prestige Estates Projects has entered into a deal with Abu Dhabi Investment Authority and Kotak AIF to invest ₹2,001 crore in residential projects with a […]

Properties registered in Mumbai rose over 6.8 per cent on year to a little over 14,000 units in March on sustained demand for homes, according […]

Housing sales in Gurugram fell 12 per cent y-o-y in January-March, while the demand for residential properties increased in Noida by 19 per cent, according […]

Unsold housing inventories fell 7 per cent in the last three months across nine major cities to around 4.81 lakh units on higher sales than […]

Concorde, one of Bengaluru’s real estate developers, announced a strategic investment of ₹ 100 crore in 4.5 acres of land in Thanisandra, a micro market […]

The burgeoning trend of Global Capacity Centres (GCC) focused transactions in Chennai’s commercial real estate market has taken centre stage. Chennai has recorded a remarkable […]

Talks between Singapore’s sovereign wealth fund GIC and global asset manager Blackstone Inc for a property sale broke down over valuation issues as GIC was […]

A new research by ANAROCK property consultants has shown that the residential real estate market in the Mumbai Metropolitan Region (MMR) has witnessed a surge […]

Chennai market has reported a decline in office space absorption during the first quarter of 2024, while other major cities have reported strong growth during […]

India’s commercial real estate market is expected to see strong adoption of flex workspaces in the coming years as the flex workspace segment is projected […]

DRA Homes, a real estate developer in Chennai, has announced its foray into commercial development. It has emerged as the highest bidder and signed a […]

Land deals in India are set to touch 3,000 acres in FY24, up 59 per cent from last year, as real estate developers look to […]

Indian REITs Association, the newly formed body that has the country’s four listed real estate investment trusts as its members, is waiting and hoping that […]

Indian real estate investment trusts seek to be classified as equity and included in the equity indices as they look for more acceptability among the […]

The Maharashtra Real Estate Regulatory Authority has floated a discussion paper that mooted that real estate developers should open three bank accounts in a single […]

The real estate sector is estimated to reach a market size of $1.3 trillion by 2034 and $5.17 trillion by 2047, according to a report […]

IndoSpace, one of India’s largest industrial and logistics real estate developer, has launched its first in-city warehousing facility in Mumbai in the central suburb of […]

Bengaluru-based Bhive Workspace, a co-working operator, has taken on lease for five years, over 62,000 sq ft of space in Adani Inspire located in Mumbai’s […]

360 ONE-backed residential real estate platform Neoliv, founded by former MD and CEO of Godrej Properties Mohit Malhotra has raised ₹300 crore in its first […]

Dharavi Redevelopment Project Pvt Ltd, the joint venture between the government of Maharashtra and the Adani Group, will begin the survey to collect data from […]

Larsen & Toubro’s Buildings & Factories (B&F) vertical has secured a ‘significant’ order from AIIMS Madurai, Tamil Nadu. This is under the PMSSY division of […]

Chennai has emerged as a favourite office market for global firms as the State Capital of Tamil Nadu has seen half of its overall office […]

Realty firm Mahindra Lifespace Developers Ltd on Tuesday said it has acquired 9.4 acres of land in Bengaluru to develop a housing project with an […]

Confederation of Real Estate Developers’ Associations of India (CREDAI), Chennai Chapter, said its three-day property event Fairpro 2024 that concluded on March 10, attracted more […]

Dharavi Redevelopment Project Pvt Ltd (DRPPL), the joint venture between the government of Maharashtra and the Adani group, is pulling out all stops to incentivise […]

Securities and Exchange Board of India has notified the regulations for small and medium real estate investment trusts and specified that investment managers of such […]

After running neck and neck through most of 2023, residential sales have outpaced launches in December and January ensuring that home prices stay firm with […]

Reloy is a unique, RERA-compliant business model built on revenues from homeowners’ love for real estate builders. Referral sales can only originate from happy homeowners, […]

Stans Buildtech Homes Pvt Ltd has secured ₹160 crore from SWAMIH Fund, managed by SBICAP Ventures Ltd, for its SRA project. Sky Annex, located in […]

Property Share, a tech platform for commercial real estate investments, has launched its first India warehousing asset on its platform and plans to raise ₹192 […]

Macrotech Developers has raised ₹3,300 crore through a qualified institutional placement receiving overwhelming response from both existing and new global and domestic investors. The book […]

The persistent high interest rates and continuing geopolitical tensions have led to a closer affinity between private capital and real estate, and more ultra-high net-worth […]

The Madras High Court on Wednesday directed the Tamil Nadu government to follow the market value guidelines (MVG) fixed with effect from June 9, 2017, and […]

The Enforcement Directorate has questioned real estate billionare Niranjan Hiranandani in a foreign exchange violation case more than a month after searches were carried out […]

Godrej Properties has entered into definitive agreements to develop a large township project in North Bengaluru under a profit-sharing model. The estimated booking value for […]

Transindia Real Estate, the company formed as a result of the demerger of the logistics business of Allcargo Logistics, has signed a firm agreement to […]

Marriott International, which has crossed the ₹9,000 crore turnover and 32 per cent revPAR, expects the next leg of growth to come from tier 2 […]

Buyer sentiments in the Chennai residential realty market are getting better and there is a demand for houses in the range of ₹60 lakh to […]

Prominent Mumbai-based real estate developer Hiranandani Group’s promoter Niranjan Hiranandani and his son Darshan Hiranandani have been asked to appear before the Enforcement Directorate (ED) […]

The GST Council is likely to soon clarify that the Real Estate Regulatory Authority (RERA) will not be required to pay Goods and Services Tax […]

In 2023, leasing demand in India from flex office space operators surged by around a quarter to 87 lakh square feet (lsf). Responding to this […]

Larsen & Toubro (L&T) has secured an order under its buildings and factories vertical from a real-estate developer to construct multi-storeyed residential towers in Thane, […]

Aimed at serving Kerala’s burgeoning senior citizen population, real estate developer Asset Homes is venturing into the luxury senior living market. In a strategic move […]

DRA Homes has proposed an investment plan of ₹2,000 crore for 2024-25 as the real estate developer has planned to launch new projects in the […]

Aimed at serving Kerala’s burgeoning senior citizen population, real estate developer Asset Homes is venturing into the luxury senior living market. In a strategic move […]

Arvind SmartSpaces (ASL) stock surged 4.74 per cent on the NSE, trading at ₹596.35. The real estate development company has sold out the entire inventory […]

Affordable housing finance companies (AHFCs) are set to see a growth of 30 per cent in FY25 building on the growth in the last two […]

GIFT City Regulator IFSCA is currently engaged with the Reserve Bank of India (RBI) for a clear Family Office framework at GIFT City and is […]

Blackstone-sponsored, mall-focused REIT Nexus Select Trust ended the nine-month to December 2023 with a leased occupancy of 97 per cent and trading occupancy of 96 […]

Real-estate consultants Colliers is the front-runner in bagging the $10-million contract for constructing Infibeam Avenues’ Artificial Intelligence and Technology Extension Hub at Ahmedabad, official sources said. […]

The Delhi High Court on Tuesday upheld Tax Deducted at Source (TDS) on External Development Charges (EDC) in a real estate project. This means that […]

Insolvency regulator IBBI has introduced significant changes to the liquidation process, providing relief for specific home buyers and requiring a key role for a stakeholder […]

Student accommodation platform, Amber has raised $21 million (₹175 Crores) led by Gaja Capital in its latest funding round. The fresh capital will be used […]

Brookfield India Real Estate Trust reported an 89 per cent rise in net operating income in the third quarter of FY24 on the back of […]

Embassy REIT, the largest real estate investment trust in Asia, will look at inorganic growth options, as it re-explores acquisition opportunities in Chennai. Further, fund-raising […]

In a major ruling, Telangana High Court has dismissed a writ petition by a realtor challenging GST levy on ‘transfer of land development rights’ (TDR) […]

Housing and Urban Development Corporation (HUDCO) is increasingly seeing itself as the financier of urban infrastructure projects and not restricted to just the housing segment. […]

In the last two months, there has been a significant jump in the number of Non-Resident Indians — including those spearheading the motel business in […]

Bengaluru-based real estate company Sobha Ltd reported a profit of ₹15.08 crore for the quarter ended December 2023, marking a y-o-y decrease of 52.5 per […]

Suraj Estate Developers Limited has launched a new residential project ‘Suraj Lumina’ at Mahim (West), Mumbai. As per the company’s statement, the project comprises 35 […]

Shivalik Group, an Ahmedabad-based real-estate developer, has launched an Alternate Investment Fund (AIF) to raise ₹300 crore in fast developing regions of Ahmedabad and Gandhinagar […]

Real estate services company Anarock has raised ₹200 crore led by 360 ONE Asset Management Ltd (earlier known as IIFL Asset Management). Also read: Ahmedabad-based […]

In 2023, Mumbai, India’s financial hub, witnessed a significant 23 per cent year-on-year decline in the supply of new office spaces, reaching a historic low […]

Realty firm Signature Global has tied up with landlords to jointly develop housing projects in Gurugram with a total revenue potential of over ₹5,000 crore. […]

‘Ecosystem led-growth’— the phrase aptly captures the Union Budget 2024. The Government presented a comprehensive vision of how India can unleash a holistic approach to […]

Embassy Office Parks REIT has already met its full-year’s leasing target of 6.5 million square feet in just ninemonths as it transacted a record 3.5 […]

The announcement made by the Finance Minister in the interim finance budget to launch a housing scheme for middle class people living in rented homes […]

Prestige Group has announced that it handed over the ₹1,000-crore high-rise luxury residential project–The Prestige Tranquil—in Hyderabad. The 7.85-acre project at Kokapet comprises of four […]

Mumbai saw 10,927 units registered in January, up over a fifth from year ago and the highest registrations for the month in 12 years. Around […]

Flexible workspace operators are recognizing the potential of Tier 2 cities, with around 26 major flex office operators recording presence across 10 Tier II cities […]

Post the pandemic, housing prices in India are witnessing a recovery and there has been a 4.3 per cent rise in real estate prices for […]

The Chennai residential market has seen a growth of 5 per cent in home sales at 14,920 units in 2023. However, the market has yet […]

Mindspace Business Parks REIT reported a 10.4 per cent rise in its net operating income for the December quarter at ₹473 crore, while revenue rose […]

The warehousing and logistics sector in India is experiencing an explosion in demand and supply. Some of the biggest global names in the sector and […]

Amid the economic crisis in China, an estimated 233 home developers filed for bankruptcy last year, Taiwan News reported quoting the China Real Estate Association. […]

The inflow of funds in Indian real estate from foreign investors fell 30 per cent to $2.73 billion last year, but the influx jumped more […]

Pune-based Kolte-Patil Developers ended the first nine months of FY24 with sales of over ₹2,000 crore and is confident of meeting its stated target of […]

Affordable housing finance company SMFG Grihashakti has secured Rs 300 crore funding from National Housing Bank (NHB). This is the company’s maiden long-term loan from […]

Developers participating at a real estate expo in Mumbai will be offering houses to home buyers with zero registrations charges and stamp duty. Organised by […]

Co-living startup Union Living has earmarked ₹10 crore for a strategic expansion initiative which will see addition of 1,000 beds in Mumbai within the current […]

The Mumbai real estate market, known for its opulent properties, saw the launch of nearly 150 property units daily, on average, in the first half […]

Demand for industrial and logistics spaces hit an all-time high across eight major cities last year with leasing activity rising annually by eight per cent, […]

Tantia Constructions has received a ₹7 crore work order from the Government of Tripura, Office of the Executive Engineer, PWD (R&B), Kailashahar Division, Kailashahar, Unakoli […]

Property registrations in Mumbai have crossed 10,000 units in October, for the fifth month in a row, according to data from the State government website. […]

Three Indian cities recorded an increase in average annual prices of prime residential or luxury homes—Mumbai (6.5 per cent) New Delhi (4.1 per cent), and […]

Axis Bank has partnered with Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, to provide cheaper loans for green homes. Under […]

315Work Avenue now has five centres spread across 0.5 mn sq ft in Pune with leading developers like Ascendas, Panchshil and Raheja, totalling around 10000 […]

The ban on some construction activities in the Delhi-NCR region as a consequence of deteriorating air quality levels is worrying real estate developers about project […]

Puravankara Ltd has launched a ‘wellness’ themed plotted development project named Purva Soukhyam in Guduvancheri, Chennai. The project comprises over 2,200 plots ranging from 600 sq. ft. […]

India’s rich and ultra-rich are lapping up properties priced upwards of ₹4 crore and the demand is being driven by young professionals like lawyers, doctors, […]

Demand for housing in Tier II cities, especially villas, is soaring due to surging property prices in the top seven cities, increased economic activity, and […]

Several developers with commercial assets in their portfolio, who were planning to float real estate investment trusts and list their units, have put them on […]

The total amount collected in stamp duty for 2023 was ₹ 5,352 crores, exhibiting a 10.5 per cent year-on-year (YoY) increase. In December 2023, 14,725 […]

Dutch pension fund APG is finding it difficult to find a buyer for its stake in Virtuous Retail South Asia, a joint venture with the […]

Investments from American institutions in Indian real estate market declined 39 per cent last year to $ 1.35 billion amid global uncertainties, according to JLL […]

 Residents of Asia’s largest slum, Dharavi in Mumbai, will get apartments with independent kitchens and toilets measuring a minimum 350 square feet, the highest carpet […]

Looking to expand its business, Macrotech Developers added 7 new land parcels in the Mumbai region and Bengaluru during the April-September period for development of […]

Blackstone-sponsored Nexus Select Trust is understood to be keen to add R City Mall in Mumbai to its REIT portfolio, three sources said. Talks have […]

Backed by strong demand from a new generation of double-income, younger crop of buyers besides NRIs, real estate major DLF Ltd will look at high […]

Private equity (PE) investments in the real estate sector dropped by almost 26 per cent YoY to $2.65 billion in 9M (nine months of) FY24, […]

Housing demand in India is projected to reach 93 million houses by 2036, owing to the increase in demand in housing due to growth in […]

The Mumbai Trans Harbour link will open huge parcels of land for real estate development, practically doubling the land of Mumbai, says Niranjan Hiranandani, Founder […]

While institutional investments in the real estate sector declined by 12 per cent annually to $4.3 billion in 2023, investments in the sector from domestic […]

Nexus Select Trust, the retail-focused real estate investment trust sponsored by global private equity giant Blackstone, has signed a preliminary agreement to acquire three malls […]

Niranjan Hiranandani, Founder and MD of Hiranandani Constructions, which builds residential and industrial townships and commercial office spaces, is calling for building a huge stock […]

Cushman & Wakefield (C&W) and Nuvama Asset Management have formed an equal joint venture to set up a ₹3000-crore platform that will invest in office […]

Chennai-based Aarin Hospitality has launched Apartel, luxury serviced apartments, at Hiranandani Parks, Oragadam, near Chennai. Launched in partnership with Hiranandani Residences, Apartel Oragadam, which was inaugurated by […]

Brookfield India Real Estate Trust reported a net operating income of ₹346.7 crore in the September quarter, up 44 per cent on year with income […]

Among the major cities in the country, Bengaluru accounts for the largest stock of green-certified buildings. Delhi NCR occupies the second position, followed by Hyderabad, […]

Realty firm Sobha Ltd reported a 37 per cent increase in sales bookings at ₹1,951.6 crore in the third quarter of this financial year, mainly […]

Knight Frank’s India Real Estate 2023 report stated that Pune’s residential market witnessed 13.5 per cent sales growth year-on-year, with 49,266 housing units sold during the year. The weighted […]

In 2023 office absorption came near an all-time high at 59.6 million square feet, while residential sales at 3.3 lakh units set a new 10-year […]

Chennai market is likely to witness an addition of about 14 million sq ft (msf) in office space in the next two years amid slow […]

Recruitment momentum in the travel and hospitality sector will continue in 2024. According to TeamLease Services, the coming year will witness increased hiring in the […]

With the Maharashtra Real Estate Regulatory Authority cracking down on developers who fail to furnish their quarterly progress reports (QPRs) on time, compliance levels have […]

Godrej Properties has purchased a 4-acre land parcel in Bengaluru on an outright basis. The company is planning to develop a premium residential project at […]

The Adani Group, which is undertaking the redevelopment of Mumbai’s Dharavi, one of the largest slum clusters in the world, has roped in high-profile planners and […]

In 2023, Institutional investments in the Indian real estate sector reached $5.4 billion, marking a 10 per cent YoY increase, according to Colliers India. Foreign […]

Housing sales in Gurugram rose 13 per cent annually in 2023 on high demand, especially for luxury flats, but Noida and Greater Noida saw a […]

Property registrations in Mumbai in December rose about a third on year, the second highest level in 11 years, while revenue collections increased 4 per […]

As NRIs continue to invest in the Indian real estate market with a growing interest in long-term investments, it is estimated that they will make […]

Puravankara Limited’s subsidiary, Provident Housing Limited, introduced a scheme to support serving and retired armed forces personnel in acquiring homes. The company will provide a […]

Protech unicorn NoBroker achieved a substantial 96 per cent Y-o-Y revenue growth, reaching ₹325.88 crore in FY22, compared to ₹166 crore in FY21. Also read: […]

An expected moderation in inflation and a projected downward trend in interest rates should further improve home affordability in 2024, according to Knight Frank India’s […]

An expected moderation in inflation and a projected downward trend in interest rates should further improve home affordability in 2024, according to Knight Frank India’s […]

The real estate sector is set to see record housing sales of over 7 lakh units and on the commercial side, office absorption is expected […]

Larger homes, upgrade to premium properties (of over ₹1 crore) and a young buyer-base mostly in their early to mid-thirties drove residential sales demand in […]

The year 2023 is set to see record sales of luxury homes, as buyers are digging deep into their pockets to buy fully-loaded homes, the […]

Godrej Properties has sold inventory worth over ₹2,600 crore in its project, Godrej Aristocrat, in Gurugram, on Golf Course Extension Road — an established residential […]

India’s residential real estate saw a good year in 2023, both in term of launches and demand. And the current trends indicate a good 2024 […]

Insolvency regulator IBBI proposes to roll out a slew of measures aimed at providing comfort to home buyers while speeding up the insolvency processes of […]

Bengaluru-based real estate player Prestige Estates reported a consolidated net profit of ₹910 crore in the second quarter of this year, marking an exponential jump […]

In the fourth quarter of 2023, the Indian office market saw 58.2 million square feet of gross absorption across the top six cities, representing a […]

Indian luxury housing segment comprising units priced at ₹4 crore and above registered a 97 per year-over-year increase in sales during the January–September 2023 period, […]

The commercial real estate sector in the Asia-Pacific region hit a rough patch in the third quarter of 2023 as deal volumes fell 37 per […]

Private equity inflows into the Indian real estate sector fell 44 per cent in 2023 to $3 billion, as global investors exercised caution, said a […]

The Real Estate (Regulation and Development) Act (RERA) has gained momentum in addressing consumer complaints, with State authorities resolving 1,16,300 cases as of November 28, […]

India’s residential sector marked a notable upswing in the first nine months of 2023, recording 1,96,227 unit sales— equivalent to 91 per cent of the […]

Last month Securities and Exchange Board of India (SEBI) greenlighted the launch of micro, small and medium real estate investment trusts (REITs) paving the way […]

hBits, a fractional ownership platform for commercial real estate, expects investments worth ₹1500-2000 Crore from Gujarat-based HNIs and investors through its platform over the next […]

Blackstone has sold its entire 23.5% stake in Embassy Office Parks REIT for ₹7,100 crore ($850 million) at ₹316.10 a unit, sources said. The acquirers […]

US private equity firm Blackstone plans to exit its holding in Embassy Office Parks REIT for ₹6,931.5 crore ($833 million) in a block deal on […]

The office sector anticipates strong 20–22 per cent year-on-year (y-o-y) growth in 2024, according to the JLL report. In 2023, net absorption in the office […]

The government is examining a proposal from SEZ developers to allow them to retain part of the tax sops they received for common infrastructure in […]

Shriram Properties reported a 3 per cent year-on-year increase in net profit at ₹20.2 crore in the second quarter ending September 30, 2023, compared to […]

The National Real Estate Development Council (Naredco) has appealed to Union Finance Minister Nirmala Sitharaman to continue with the Special Window for Affordable and Mid-Income […]

Prime Minister Narendra Modi will inaugurate a newly built ₹3,400-crore Surat Diamond Bourse in Gujarat on December 17. Dubbed as the “world’s largest corporate office […]