estate

  1. 2 killed in fire in Sri Lanka

    2 killed in fire in Sri Lanka

    Speaking to local media, police spokesperson Nihal Thalduwa said the victims were a 60-year-old man and a 50-year-old woman who were in the first house that caught fire, Xinhua news agency reported.According to the police, the cause of the fire was electrical leakage. Three houses in which...
  2. Indian office market on track to become "Office to the World": JLL Report

    Indian office market on track to become "Office to the World": JLL Report

    New Delhi [India], India is on its way to becoming an “Office for the World” in terms of commercial space provision, highlights a report by JLL, a real estate company.The report states that the country is at an inflection point where India's office markets are expected to advance given...
  3. Institutional investment in real estate to reach 3-year high of US$2.5 billion in Q2 2024

    Institutional investment in real estate to reach 3-year high of US$2.5 billion in Q2 2024

    New Delhi [India], Institutional investment in the second quarter (Q2) of 2024 rose to $2.5 billion in revenue compared to the stable start to the first quarter, Colliers India, a real estate company, said in its recent report.Among the different segments, industrial and storage recorded an...
  4. PE, VC investments reach $6.9 billion in May: Report

    PE, VC investments reach $6.9 billion in May: Report

    Investments in real estate and infrastructure by PE/VC have increased by 67 per cent year-on-year to $2.5 billion in May 2024 from $1.5 billion in May 2023, the report said. This is 183 percent more than April 2024.The total number of deals increased 45 percent year-on-year to 100 in May 2024...
  5. Aga Hall Estate successfully inaugurated its Sales Pavilion and Show Apartments

    Aga Hall Estate successfully inaugurated its Sales Pavilion and Show Apartments

    Mumbai (Maharashtra) [India], July 2: Aga Hall Estate, a luxury residential project with a rich history and legacy, inaugurated its sales pavilion and show apartment on June 29, 2024. The project is historic as it was here where Aga Khan established his residential domain in 1860. The event was...
  6. Ganga Realty to invest Rs 1,200 crore to develop luxury housing project in Gurugram

    Ganga Realty to invest Rs 1,200 crore to develop luxury housing project in Gurugram

    New Delhi: Real estate developer Ganga Realty will invest Rs 1,200 crore to develop a luxury housing project in Gurugram, Haryana.Spread over 5 acres, Project Anantham will consist of 524 units in three 59-storey towers.In a statement on Tuesday, Gurugram-based Ganga Realty said it will...
  7. Piramal Rail appoints Abhijeet Maheshwari as SC CEO

    Piramal Rail appoints Abhijeet Maheshwari as SC CEO

    Mumbai, Piramal Realty on Tuesday said it has appointed Abhijeet Maheshwari as its new chief executive officer (CEO).Mumbai-based Piramal Realty is a real estate arm of the Piramal Group.With a career spanning over 18 years, Maheshwari joins Piramal Realty from Tata Realty Infrastructure...
  8. Small and medium REITs to broaden real estate investor base: Crisil

    Small and medium REITs to broaden real estate investor base: Crisil

    New Delhi [India]: Recent regulations issued by the Securities and Exchange Board of India (SEBI) for small and medium real estate investment trusts (SM REITs) have boosted investors' interest towards fractional ownership of real estate assets, according to a report. Expected to increase. CRISIL...
  9. Bengal government withdraws 2 percent stamp duty, 10 percent circle rate relief for real estate sector

    Bengal government withdraws 2 percent stamp duty, 10 percent circle rate relief for real estate sector

    Kolkata, West Bengal government announced withdrawal of temporary relief measures provided to the real estate sector, including two per cent cut in stamp duty and 10 per cent cut in circle rate, with effect from Monday.These benefits were introduced on October 30, 2021, to deal with the...
  10. HDFC Capital buys 8.5 percent stake in Trueboard Technologies

    HDFC Capital buys 8.5 percent stake in Trueboard Technologies

    New Delhi, HDFC Capital Advisors on Monday said it has acquired 8.5 per cent stake in Trueboard Technologies Pvt Ltd.Trueboard has developed a technology platform called TruGenie for real estate asset management that aims to meet the needs of investors, asset owners and developers.TruGenie...
  11. CREDAI-MCHI and CRE Matrix's MMR Housing Report 2024 reveals 5% growth in sales amid 22% decline in new launches in 2024, highlighting Mumbai real estate resilience.

    CREDAI-MCHI and CRE Matrix's MMR Housing Report 2024 reveals 5% growth in sales amid 22% decline in new launches in 2024, highlighting Mumbai real estate resilience.

    FY24 MMR Housing Analysis Report Released Jointly by CREDAI-MCHI and CRE MatrixMumbai, July 1, 2024 - CREDAI-MCHI, the apex body of the real estate industry in the Mumbai Metropolitan Region (MMR), in association with CRE Matrix, proudly announces the release of the much-awaited MMR Housing...
  12. Goa's second home market booming with 5-8 per cent rental yields as demand for gated villas rises: Report

    Goa's second home market booming with 5-8 per cent rental yields as demand for gated villas rises: Report

    VMPLNew Delhi [India], July 1: According to a report by real estate consultancy Savills India, second homes in Goa offer a lucrative investment opportunity with rental yields ranging between 5% and 8%. This underlines the attractiveness of the region for investors. The report further...
  13. Godrej Properties buys 7 acres of land in Bengaluru to build Rs 1,200 crore residential project

    Godrej Properties buys 7 acres of land in Bengaluru to build Rs 1,200 crore residential project

    New Delhi: Real estate firm Godrej Properties on Monday said it has acquired a 7-acre land in Bengaluru to develop a luxury housing project with an estimated revenue of Rs 1,200 crore.In a regulatory filing, the company reported direct acquisition of around 7 acres of land in Thanisandra...
  14. Indian brands join forces in 'unconventional unions' to shape the future of flexspace

    Indian brands join forces in 'unconventional unions' to shape the future of flexspace

    New Delhi [India], Many renowned Indian brands from the flexible workspace, real estate and media entertainment sectors, along with Stylework, a SAAS-based flexible workspace aggregator, came together for a two-day event titled 'Unconventional Unions: A Flex-sync' held in Parwanoo of Himachal...
  15. Signature Global sells premium flats worth over Rs 2,700 crore in new project in Gurugram

    Signature Global sells premium flats worth over Rs 2,700 crore in new project in Gurugram

    New Delhi: Real estate firm Signature Global on Sunday said it sold premium apartments worth over Rs 2,700 crore at its recently launched housing project in Gurugram, reflecting strong demand despite a significant rise in prices. prices during the last two years.In a regulatory filing...
  16. Satva Group targets to increase housing sales by 85 percent to Rs 6,500 crore in the current financial year: MD Bijay Agarwal

    Satva Group targets to increase housing sales by 85 percent to Rs 6,500 crore in the current financial year: MD Bijay Agarwal

    New Delhi: Real estate firm Sattva Group is optimistic about the Indian real estate market and will launch many projects to achieve 85 per cent growth in residential property sales to around Rs 6,500 crore in this fiscal year, it said a senior company official.In 2023-24, Bengaluru-based...
  17. Property registrations in Mumbai rise 12 per cent to 11,575 units in June: Knight Frank

    Property registrations in Mumbai rise 12 per cent to 11,575 units in June: Knight Frank

    New Delhi, according to Knight Frank, property registration in the Mumbai municipal region rose 12 per cent year-on-year in June to 11,575 units, thanks to improved demand for real estate assets.Mumbai city (area under the jurisdiction of the Bombay Municipal Corporation) registered 11,575...
  18. Property registrations in Mumbai rise 12 percent in June due to high demand: Report

    Property registrations in Mumbai rise 12 percent in June due to high demand: Report

    New Delhi: Property registration in the Mumbai municipal region rose 12 percent year-on-year in June to around 11,600 units due to better demand, according to Knight Frank.Mumbai city (area under the jurisdiction of Bombay Municipal Corporation) recorded nearly 11,570 units till 8.15 pm on...
  19. JVDeals.in launches an exclusive real estate joint venture/joint development company

    JVDeals.in launches an exclusive real estate joint venture/joint development company

    PNNNew Delhi [India], June 29: JVDeals.in is a Jaipur-based real estate startup for real estate joint venture/co-development. JVDeals.in is India's first exclusive real estate joint venture portal founded by Pratiiek Mor and Rohit Kumar.Unlock the true potential of your land with JVDeals...
  20. Rs 75 lakh worth of demonetised notes seized, four arrested

    Rs 75 lakh worth of demonetised notes seized, four arrested

    Acting on intelligence input, Surat Police raided a residence in Bhimpore village and made arrests. Of the four people arrested in the case, three are from Surat while one is from Navsari."The suspects have been identified as - Naresh Ranchhod Patel, Vineet Rajnikant Desai, Mohammed Shadiq...
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