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  1. 11 percent decline in residential launches in first half of 2024: Report

    11 percent decline in residential launches in first half of 2024: Report

    Kolkata, India's residential real estate market witnessed a 55 per cent rise in new launches in the first half of 2024 to 159,455 units, while Kolkata displayed an opposite trend, according to a report released on Friday.The eastern metro saw an 11 per cent decline in new launches during this...
  2. Project details in part-wise completion or occupancy certificate must match with registration records: UP RERA

    Project details in part-wise completion or occupancy certificate must match with registration records: UP RERA

    Noida, Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has asked all industrial and housing development authorities to properly identify the parties of the projects before issuing partial completion certificates or occupancy certificates.The state real estate regulator said the names...
  3. DLF chairman Singh richest real estate entrepreneur, Macrotech Developers' Lodha second: Grohe-Hurun list

    DLF chairman Singh richest real estate entrepreneur, Macrotech Developers' Lodha second: Grohe-Hurun list

    Rajiv Singh, chairman of DLF Mumbai Realty, is the richest real estate businessman with a wealth of Rs 1,24,420 crore, followed by Macrotech Developers founder Mangal Prabhat Lodha, according to the GROHE-Hurun list.Gautam Adani, who is otherwise India's second-richest person, is ranked third...
  4. Prestige Estates sales bookings decline 23 percent to Rs 3,029 crore in Q1

    Prestige Estates sales bookings decline 23 percent to Rs 3,029 crore in Q1

    New Delhi, Realty firm Prestige Estates Projects Ltd has reported a 23 per cent decline in its sales bookings to Rs 3,029.5 crore in the first quarter of this fiscal due to lower volumes due to delays in the launch of new projects.Its sales booking in the same period a year ago was Rs 3,914.7...
  5. India overtakes China to become real estate capital of Asia: Hurun report

    India overtakes China to become real estate capital of Asia: Hurun report

    China's real estate market faces significant headwinds due to government clampdowns and slowing demand.While in India, where the middle class is projected to reach 547 million by 2030, residential sales are expected to grow between 10 and 12 percent in fiscal year 2024-25, according to the...
  6. FDI in Indian real estate sector to grow at 20 percent by 2025: Industry

    FDI in Indian real estate sector to grow at 20 percent by 2025: Industry

    Speaking at an ASSOCHAM event, Haryana RERA member Sanjeev Kumar Arora said that the real estate sector has emerged as the largest employment provider and rapid urbanisation, smart cities, housing for all and relaxation in FDI norms will further boost the sector. will get.The government...
  7. No project can fail if builders maintain financial discipline: HRERA-Gurugram member

    No project can fail if builders maintain financial discipline: HRERA-Gurugram member

    New Delhi: No real estate project can fail if promoters maintain financial discipline from the beginning, said Sanjeev Kumar Arora, member, Haryana regulatory authority, Gurugram bench.Addressing the Assocham National Conference on the changing dynamics of real estate for Viksit Bharat, he...
  8. Signature Global to invest Rs 2,500 crore on construction of existing housing projects in FY20: CMD

    Signature Global to invest Rs 2,500 crore on construction of existing housing projects in FY20: CMD

    New Delhi: Real estate firm Signature Global will invest around Rs 2,500 crore this fiscal year in the construction of its various housing projects, its chairman Pradeep Kumar Aggarwal said on Wednesday.He expressed confidence that the company would meet the sales booking guidance of Rs 10,000...
  9. Congress's indifference towards Lord Ram is reaching new heights: Poonawala

    Congress's indifference towards Lord Ram is reaching new heights: Poonawala

    BJP is also accusing Congress of benefiting the real estate lobby.BJP national spokesperson Shehzad Poonawala criticized the proposal, alleging that the Congress had earlier questioned the existence of Lord Ram and tried to obstruct the construction of the Ram temple.“Congress has talked...
  10. Haryana RERA imposes fine of Rs 5 crore on real estate company Vatika

    Haryana RERA imposes fine of Rs 5 crore on real estate company Vatika

    Gurugram, Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has imposed a fine of Rs 5 million on city-based real estate developer Vatika Ltd for not registering its project within the stipulated time.The penalty was imposed for violation of Section 3(1) of the Real Estate...
  11. Magicbricks launches property valuation tool Propworth for buyers, sellers

    Magicbricks launches property valuation tool Propworth for buyers, sellers

    New Delhi, Magicbricks, one of the leading real estate platforms, has launched 'Propworth', a property valuation tool for potential buyers and sellers.The tool, powered by advanced machine learning algorithms, will help buyers and sellers evaluate the approximate value of any property...
  12. HC notice to realtor on former Indian cricketer Yuvraj Singh's plea to appoint arbitrator to settle disputes

    HC notice to realtor on former Indian cricketer Yuvraj Singh's plea to appoint arbitrator to settle disputes

    New Delhi, The Delhi High Court on Tuesday issued a notice to a real estate company over former Indian cricketer Yuvraj Singh's pleas seeking to invoke arbitration laws for alleged violation of his privacy rights in promoting construction projects and for the delay in the delivery of a housing...
  13. Ashwin Sheth to invest Rs 5,000 crore to expand realty biz; To launch up to Rs 3,000 crore in 2 years

    Ashwin Sheth to invest Rs 5,000 crore to expand realty biz; To launch up to Rs 3,000 crore in 2 years

    Mumbai real estate firm Ashwin Sheth Group on Tuesday announced an investment of around Rs 5,000 crore to expand its business and plans to launch its first public issue in the next 18-24 months to raise up to Rs 3,000 crore.The Mumbai-based company said it achieved sales bookings of around Rs...
  14. KBC Global Limited has handed over possession of 109 residential cum commercial units in its projects in Nashik from April 2024.

    KBC Global Limited has handed over possession of 109 residential cum commercial units in its projects in Nashik from April 2024.

    Nashik (Maharashtra) [India], July 9: KBC Global Ltd (formerly known as Karda Construction Limited) BSE - 541161, a prominent player in the construction and real estate development sector, has transferred possession of over 100 units residential and commercial in its various ongoing projects in...
  15. Ashwin Sheth Group to invest Rs 5,000 crore to expand real estate business; To launch IPO in 2 years

    Ashwin Sheth Group to invest Rs 5,000 crore to expand real estate business; To launch IPO in 2 years

    Mumbai real estate firm Ashwin Sheth Group on Tuesday announced an investment of around Rs 5,000 crore to expand its business and will launch its first public issue in the next 18-24 months.The Mumbai-based company said it achieved sales bookings of around Rs 1,500 crore during the last fiscal...
  16. Tata Realty raises Rs 825 crore from IFC to refinance green IT park project in Chennai

    Tata Realty raises Rs 825 crore from IFC to refinance green IT park project in Chennai

    New Delhi: Tata Realty on Monday said it has taken a loan of Rs 825 crore from the International Finance Corporation (IFC) to refinance its green commercial project in Chennai."This financing is earmarked for the strategic refinancing of Ramanujan Intellion Park in Chennai, a landmark...
  17. Average housing prices in Delhi-NCR, Mumbai region have increased by nearly 50 per cent in last 5 years: Anarock

    Average housing prices in Delhi-NCR, Mumbai region have increased by nearly 50 per cent in last 5 years: Anarock

    New Delhi, Median house prices in Delhi-NCR and the Mumbai Metropolitan Region (MMR) have increased by almost 50 per cent in the last five years, driven by increased demand, according to Anarock.Data from real estate consultant Anarock shows that the average residential property rate in...
  18. Signature Global Q1 sales bookings jump 3.5x to Rs 3,120 crore on strong demand

    Signature Global Q1 sales bookings jump 3.5x to Rs 3,120 crore on strong demand

    New Delhi: Real estate firm Signature Global on Sunday reported a 3.5-fold rise in sales bookings to Rs 3,120 crore for the April-June quarter due to high demand for its housing projects.The company's sales bookings stood at Rs 820 crore in the same period last year.According to a regulatory...
  19. Man booked for seriously injuring woman by setting her on fire in Thane

    Man booked for seriously injuring woman by setting her on fire in Thane

    Thane: A man has been booked for allegedly burning his live-in partner after a fight in Thane's Wagle Estate area. A police officer gave this information on Saturday.Senior Inspector Shivaji of Wagle Estate police station said that the 32-year-old woman is recuperating in the hospital and on...
  20. Karnataka Chief Minister Siddaramaiah warns police against nexus with criminals

    Karnataka Chief Minister Siddaramaiah warns police against nexus with criminals

    Bengaluru, Karnataka Chief Minister Siddaramaiah on Saturday warned of strict action against real estate agents and policemen who collude with criminals.He said that no crime can take place without the knowledge of the police and hence senior officers should always interact with the common...
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