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  1. M3M India expects revenue of Rs 4 thousand crore from new Gurugram housing project; Investment of Rs 1,200 crore

    M3M India expects revenue of Rs 4 thousand crore from new Gurugram housing project; Investment of Rs 1,200 crore

    New Delhi: Realty firm M3M India expects revenue of around Rs 4,000 crore from its new luxury housing project in Gurugram.The company has launched a new residential project 'M3M Altitude' on Golf Course Extension Road in Gurugram where it will build 350 luxury apartments.M3M will invest Rs...
  2. Foreign investment in India's real estate to reach 65 per cent of total investment in first half of 2024

    Foreign investment in India's real estate to reach 65 per cent of total investment in first half of 2024

    New Delhi [India], Foreign investors have taken the lead in India's real estate sector during the first half of 2024, accounting for 65 percent of total investments, according to a JLL report.The report highlighted that Foreign Institutional Investors (IFIs) injected around $3.1 billion...
  3. 10 percent jump in Raymond's shares

    10 percent jump in Raymond's shares

    NEW DELHI: Shares of Raymond surged 10 per cent on Friday after the textile major said it would spin off its real estate business.The company's shares closed 9.97 per cent higher at Rs 3,233.05 on the National Stock Exchange (NSE).On the BSE, shares of Raymond closed 9.68 per cent higher at...
  4. The 13th GERA Pune Residential Realty Report July 2024 highlights rising prices across all segments, home buyers' preference for larger homes and reputed developers.

    The 13th GERA Pune Residential Realty Report July 2024 highlights rising prices across all segments, home buyers' preference for larger homes and reputed developers.

    KEY POINTS:• Median house prices rose 8.92% last year to average Rs 6,298 per sq ft in June 2024, an all-time high• Rates increased 19.95% in 24 months and 28.06% in 36 months.• Projects in development grew 9.61% from a decade low of 2,227 in June 2023.• Rising inventory and prices have...
  5. Foreign investors pumped US$3.1 billion into real estate in January-June; 65 percent share of total flows: JLL

    Foreign investors pumped US$3.1 billion into real estate in January-June; 65 percent share of total flows: JLL

    New Delhi: Foreign investors poured $3.1 billion into Indian real estate between January and June this year, accounting for 65 per cent of total institutional investment, according to JLL India.Data from real estate consultancy JLL India released on Friday showed that total institutional...
  6. Experian Developers buys 8 acres of land in Gurugram for Rs 400 crore

    Experian Developers buys 8 acres of land in Gurugram for Rs 400 crore

    New Delhi: Realty firm Experian Developers has acquired 7.81 acres of land in Gurugram for Rs 400 crore to develop a real estate project.The company, a fully FDI-funded real estate developer and wholly owned subsidiary of Experian Holdings Pte Ltd, Singapore, has acquired a land parcel in...
  7. Most developers want tax rationalization and lower interest rates from the budget

    Most developers want tax rationalization and lower interest rates from the budget

    New Delhi [India], a survey by real estate association CREDAI and investment management firm Colliers found that most real estate developers expect tax rationalization, subsidies for affordable housing and single-window clearance from the Union Budget for 2024, which is scheduled to be unveiled...
  8. Raymond shares hit 52-week high; Rally of more than 17 percent

    Raymond shares hit 52-week high; Rally of more than 17 percent

    NEW DELHI: Shares of Raymond rose over 17 per cent on Friday after the textile major said it will demerge its real estate business to unlock value for shareholders and tap the growth potential in the Indian property market.The company's shares rose 17.30 percent to Rs 3,450.95 on BSE.Shares...
  9. Raymond shares hit record high after textile company's board announced demerger of real estate arm

    Raymond shares hit record high after textile company's board announced demerger of real estate arm

    New Delhi [India], Raymond shares hit an all-time high on Friday, a day after the Group announced the vertical demerger of its real estate business into its wholly-owned subsidiary, Raymond Realty Ltd (RRL).The board of directors of Raymond Limited announced on Thursday that Raymond Limited...
  10. Dubai's emerging developer Blanco Thornton receives overwhelming response at New Delhi showcase

    Dubai's emerging developer Blanco Thornton receives overwhelming response at New Delhi showcase

    PNNNew Delhi [India], July 5: Blanco Thornton Properties, a leading real estate developer of Dubai, successfully organized a grand event in New Delhi to showcase the own exclusive property of him. developments to Indian channel partners. The event took place on July 3, 2024 at the prestigious...
  11. Housing sales in top 30 Tier II cities grow 11 per cent to around 2.08 lakh units in FY24: PropEquity

    Housing sales in top 30 Tier II cities grow 11 per cent to around 2.08 lakh units in FY24: PropEquity

    New Delhi, Rising housing demand is not limited to major cities as residential property sales surged 11 per cent in the last fiscal year across 30 Tier II cities to nearly 2.08 lakh units, according to PropEquity.Real estate data analytics firm PropEquity on Friday released a report on the...
  12. Bus hits motorcycle resulting in death of 17-year-old teenager

    Bus hits motorcycle resulting in death of 17-year-old teenager

    Thane: A teenager was killed and another seriously injured when his motorcycle collided with a Thane Municipal Transport bus in Wagle Estate area here on Thursday.Yasin Tadvi, head of the disaster management cell of Thane Municipal Corporation, was quoted as saying by the police that the...
  13. Raymond's board approves demerger of real estate business

    Raymond's board approves demerger of real estate business

    The objective of the demerger plan is to "exploit the growth potential of the real estate business and attract a new group of investors/strategic partners to participate in the real estate business, with a view to consolidating the entire real estate business of the group under a single entity."...
  14. Raymond to spin off real estate business; List Realty Vertical on Exchanges

    Raymond to spin off real estate business; List Realty Vertical on Exchanges

    New Delhi: Textile major Raymond Ltd on Thursday said it will demerge real estate business to unlock value for shareholders and tap growth potential in the Indian real estate market.In a regulatory filing, the company reported that its board of directors approved the plan of arrangement of...
  15. Siddhivinayak Homes Launches Two New Towers at Siddhivinayak Signature City

    Siddhivinayak Homes Launches Two New Towers at Siddhivinayak Signature City

    SMPLNavi Mumbai (Maharashtra) [India], July 4: Siddhivinayak Homes is pleased to announce the launch of two new towers in Siddhivinayak Signature City. These new towers mark another milestone in the company's continued efforts to deliver exceptional residential spaces in Navi Mumbai. These new...
  16. Anvita Group launches mega residential realty project worth Rs 2,000 crore

    Anvita Group launches mega residential realty project worth Rs 2,000 crore

    PNNHyderabad (Telangana) [India], July 4: Anvita Group, which is in the real estate sector, on Thursday announced that it has taken up a mega residential real estate project, Ivana, with Rs 2,000 crore in Kollur, near Hyderabad.Spread over 12.9 acres, the premium gated community project...
  17. Housing sales to rise 11 percent in January-June to reach 10-year peak: Knight Frank

    Housing sales to rise 11 percent in January-June to reach 10-year peak: Knight Frank

    New Delhi, The Indian real estate market remained buoyant between January and June this year, with housing sales hitting an 11-year high of 1.73 lakh units and office demand at a record 34.7 million. square feet in eight major cities, according to Knight Frank.On an annual basis, housing sales...
  18. Two employees of real estate company arrested for sexually harassing woman in Hyderabad

    Two employees of real estate company arrested for sexually harassing woman in Hyderabad

    Hyderabad: Two men working as salespeople in a real estate firm have been arrested for allegedly sexually assaulting a woman. Police gave this information on Wednesday.In her complaint to the police, the woman said that on June 30, she had gone to Miyapur to work as a saleswoman, where two...
  19. Office demand at record high; Workspace leasing rose 29 percent to 33.54 million sq ft in January-June: Report

    Office demand at record high; Workspace leasing rose 29 percent to 33.54 million sq ft in January-June: Report

    New Delhi: Office demand across seven major cities reached an all-time high with gross leasing of 33.54 million sq ft in the first half of this calendar year, according to JLL India.Real estate consultant JLL India on Wednesday released office demand data for the January-June period this year...
  20. Institutional investment in Indian real estate rose 20 percent to US$2.52 billion in April-June: Colliers

    Institutional investment in Indian real estate rose 20 percent to US$2.52 billion in April-June: Colliers

    New Delhi: Institutional investment in Indian real estate rose 20 per cent year-on-year to $2.52 billion in the April-June quarter due to higher inflows into residential and warehousing projects, according to Colliers India.Real estate consultancy Colliers India on Wednesday released the data...
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