PN Mumbai (Maharashtra) [India], May 13: In a unanimous decision, Ridham Gada, Partner at Prem Group, a renowned Mumbai-based realty conglomerate, has been elected as the new Chairman of NAREDCO (National Real Estate Development Council Maharashtra NextGen). GADA, the vibrant youth wing of the...
New Delhi: Private equity firm ASK Property Fund, which had invested Rs 80 crore in a housing project built by Naiknavare Developers in 2018, has exited the project for Rs 156 crore, almost doubling its investment.In a statement on Monday, the company said it has "successfully withdrawn Rs 156...
PN New Delhi [India], May 13: On World Red Cross Day, NAR India has once again partnered with leading real estate associations to provide over 1000 units of blood to needy government and hospitals. This initiative reflects NAR India's commitment to serve humanity and promote community welfare...
New Delhi [India], Leading real estate consultancy Anarock has reported generating revenue of Rs 556 crore in the recently concluded financial year 2023-24, an annual growth of 36 per cent over the previous financial year 2022-23. . Total revenue Rs 416 crore. With this Anarock has surpassed its...
Employee benefits were the largest expense at 43 percent of total costs.According to the company's provisional financial statements for the last financial year, employee benefit costs rose 17 per cent to over Rs 534 crore from Rs 456 crore in FY2013.On the revenue side, Square Yards crossed...
New Delhi: Real estate consultant Anarock Group has reported a 36 per cent rise in its revenue to Rs 566 crore in the last financial year, helped by better earnings from housing brokerage and other services.The company recorded revenue of Rs 416 crore during 2022-23.Domestic Anarock was...
New Delhi: Real estate brokerage firm InvestExpert's revenue rose 56 per cent to Rs 56 crore last fiscal as it facilitated the sale of properties worth over Rs 2,000 crore due to strong housing demand.Its revenue in 2022-23 was Rs 36 crore.In a statement, Noida-based InvestExpert said the...
New Delhi: PE Analytics Ltd, which runs real estate data platform PropEquity, has reported 10 per cent rise in consolidated net profit to Rs 11.67 crore in the last financial year due to better earnings.Last year its net profit was Rs 10.6 crore.Total income rose 37 per cent to Rs 44.17...
New Delhi, The Chief Executive Officer (CEO Venkat Narayan K) of realty firm Prestige Estate Projects has resigned from the company to pursue his personal interests.Venkat took over the role of CEO of Prestige Estates in August 2017. Overall, he served in this company for 20 years.The...
Nashik (Maharashtra) [India], May 10: US-based Minerva Ventures Fund has bought 2% equity stake in KBC Global Ltd (formerly known as Carda Construction Ltd) - BSE - 541161, a major in th Players and Real Estate Development Sector.As per available bulk deal data, Minerva Ventures Fund has...
New Delhi [India], The Reserve Bank of India (RBI)'s proposal to set aside 5 per cent of loans for construction projects, much higher than the earlier 0.4%, has raised concerns among builders. However, the proposal also provides that it will be reduced to 2.5% once the project becomes...
PN Nashik (Maharashtra) [India], May 10: US-based Minerva Ventures Fund has bought 2 per cent equity stake in KBC Global Ltd - formerly known as Carda Construction Ltd.
) BSE - 541161, a leading player in the construction and real estate development sector, as per bulk deal data available...
Noida: Of the 57 real estate developers involved in stalled heritage home projects in Noida, 20 have paid 25 per cent of the dues so far after a relaxation was given to complete the registration process of home buyers, the local authority said on Thursday.After a meeting chaired by its CEO...
CHENNAI: Real estate developer CasaGrande has earmarked Rs 750 crore to develop a 27-acre residential community in Bengaluru, the company said on Thursday.The Chennai-based company has roped in Bollywood actress Kareena Kapoor Khan as the 'celebrity endorser' for the project.CasaGrande...
PN Navi Mumbai (Maharashtra) [India], May 9: Creative PropTech
The leading real estate valuation company has announced the launch of its innovative home inspection services in India. With an aim to ensure investment security for Indian property buyers, Creative Proptech's home inspection...
VMP Pune (Maharashtra) [India], May 9: Gera Developments Pvt. Ltd., a renowned leader in real estate, and recipient of multiple awards for its premier residential and commercial projects in Pune, Goa and Bengaluru, to present its latest project Are excited. , Gera's Joy Island. The launch...
Mumbai, City-based Suraj Estate Developers has reported a more than two-fold increase in its profit after tax for 2023-24 at Rs 67.5 crore compared to Rs 3 crore last year.According to BSE filings, total income grew 35 per cent to Rs 415.7 crore in FY24 from Rs 307. crore last year.The...
New Delhi: Realty firm Peninsula Land Ltd on Wednesday said it has raised Rs 15 crore by issuing debentures and will also set up a Rs 765 crore platform to develop projects.In a regulatory filing, the company said it has raised the amount by issuing optionally convertible debentures...
PN Mumbai (Maharashtra) [India], May 8: Suraj Estate Developers Limited, a leading real estate company focusing on the South Central Mumbai (SCM) market with expertise in redevelopment projects, today announced its financial results for the quarter and full year ended March 24. Audited financial...
VMP Mumbai (Maharashtra) [India], May 8: In April 2024, Mumbai witnessed a significant increase in property registrations, the second highest in a decade. This surge indicates growing optimism towards property ownership, driven by the collaborative efforts of CREDAI-MCHI and the transformative...