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  1. Noida Authority sends notice to group housing developers on dues worth crores of rupees

    Noida Authority sends notice to group housing developers on dues worth crores of rupees

    Noida, The Noida Authority has issued notices to real estate developers, including ATS, Supertech and Logix, seeking their proposal within 15 days for resettlement of their dues worth hundreds of crores, officials said on Friday.The notices, issued on Thursday, are in line with an Uttar...
  2. Mumbai, NCR and Bengaluru account for 80 per cent of debt financing for real estate in the last five years

    Mumbai, NCR and Bengaluru account for 80 per cent of debt financing for real estate in the last five years

    New Delhi [India], India's real estate sector has debt financing opportunities of around Rs 14 lakh crore in the next three years, highlights a report by real estate firm JLL and Propstack.The report also highlighted that during the year 2018-23, the total debt penalties from the real estate...
  3. Loans worth Rs 9.63 lakh crore have been sanctioned to the real estate sector during 2018-23.

    Loans worth Rs 9.63 lakh crore have been sanctioned to the real estate sector during 2018-23.

    New Delhi: According to a report by JLL India and Propstack, the real estate sector witnessed loan approvals of Rs 9.63 lakh crore during 2018-23 and there is a debt financing opportunity of Rs 14 lakh crore over the next three years.JLL India and PropStack in their joint report - 'Decoding...
  4. Union Budget: Real estate sector calls for renewed thrust towards affordable housing in metros

    Union Budget: Real estate sector calls for renewed thrust towards affordable housing in metros

    Expectations are high for tax relief and other confidence boosters, as the future of the broader industry also depends on the unrestricted deployment of infrastructure to support and improve urban living standards, as well as to develop and promote newer areas.According to Anuj Puri, Chairman...
  5. Cushman & Wakefield launches advisory platform to help companies set up centers of competence

    Cushman & Wakefield launches advisory platform to help companies set up centers of competence

    Mumbai, Global property advisor Cushman & Wakefield on Wednesday announced the launch of an integrated advisory platform to help multinational companies set up Global Capability Centers (GCC) in India, the Philippines and some other countries.Currently, there are around 1,600 GCCs operating in...
  6. Mangalore University confers Honorary Doctorate on K Prakash Shetty, Founder Chairman of MRG Group

    Mangalore University confers Honorary Doctorate on K Prakash Shetty, Founder Chairman of MRG Group

    PNNNew Delhi [India], June 19: Mangalore University has conferred an honorary doctorate on K Prakash Shetty, founder chairman of MRG Group, a leader in the real estate and hospitality sectors, for his significant contributions to the society.Shetty was awarded the degree by Karnataka...
  7. Ayodhya, Varanasi, Puri included among 17 high-potential cities for rapid real estate development: Report

    Ayodhya, Varanasi, Puri included among 17 high-potential cities for rapid real estate development: Report

    According to Colliers, New Delhi, Ayodhya, Varanasi, Puri, Dwarka, Shirdi, Tirupati and Amritsar are among the 17 high-potential cities expected to witness rapid real estate growth in the coming years, driven primarily by spiritual tourism, infrastructure projects and digitalization. Will see...
  8. Infra, realty to get investment of Rs 15 lakh crore by March 2026: Crisil Ratings

    Infra, realty to get investment of Rs 15 lakh crore by March 2026: Crisil Ratings

    MUMBAI: The infrastructure and realty sector is likely to receive investments worth Rs 15 lakh crore by March 2026, a domestic rating agency said on Tuesday.The investment will create 50 gigawatts of renewable energy capacity and 25,000 kilometers of roads in infrastructure and real estate...
  9. Investment in renewable energy, roads and realty to grow by 38 per cent to Rs 15 lakh crore in FY25-26: Crisil

    Investment in renewable energy, roads and realty to grow by 38 per cent to Rs 15 lakh crore in FY25-26: Crisil

    New Delhi [India], India's infrastructure landscape will see substantial growth with investments in key sectors - renewable energy, roads and real estate, according to a CRISIL report.The report estimates investment growth of about 38 percent in fiscal years 2025 and 2026.The estimated...
  10. Colliers identifies 17 Indian cities as emerging hot spots for growth

    Colliers identifies 17 Indian cities as emerging hot spots for growth

    New Delhi [India], Emerging cities will play an important role in India's progress towards becoming the world's third largest economy. In its latest report “Equitable Growth and Emerging Real Estate Hotspots”, Colliers says factors such as infrastructure development, digitalisation, tourism and...
  11. Ajman completed 169 real estate appraisals worth more than AED729.5 million in May

    Ajman completed 169 real estate appraisals worth more than AED729.5 million in May

    Ajman [UAE], The Department of Land and Real Estate Regulation in Ajman completed 169 real estate appraisal processes during May 2024, with a total value of more than AED729.5 million.Director of Real Estate Registration, Ahmed Khalfan Al Shamsi, explained that the assessment included...
  12. Upcoming residential project “Area” by Namashree, Hyderabad.

    Upcoming residential project “Area” by Namashree, Hyderabad.

    Hyderabad (Telangana) [India], June 17: Namishree Group, a Hyderabad-based real estate developer, is developing a residential project named "ARIA" in Nagole, Hyderabad, Telangana. "ARIA" is spread over an estimated 6.2 acres of land and is surrounded by the greenery of Mahavir Harina Vanasthali...
  13. KBC Global Limited has been awarded a subcontract worth US$ 20 million for Soft Infrastructure Segment from CRJE Limited

    KBC Global Limited has been awarded a subcontract worth US$ 20 million for Soft Infrastructure Segment from CRJE Limited

    PNNNashik (Maharashtra) [India], June 17: KBC Global Limited (formerly known as Karda Construction Limited) BSE - 541161, in construction A major player and real estate development sector has been awarded a significant sub-contract worth approximately US$20 million by CRJE (East Africa)...
  14. KBC Global Limited has been awarded US$ 1 million sub contract for Soft Infrastructure Segment from CRJE Limited

    KBC Global Limited has been awarded US$ 1 million sub contract for Soft Infrastructure Segment from CRJE Limited

    Nashik (Maharashtra) [India], June 17: KBC Global Limited (formerly known as Carda Construction Limited) BSE – 541161, a leading player in the construction and real estate development sector has been acquired by CRJE for approximately US$20 million. Important subcontracts have been awarded...
  15. Real estate prices to rise in Amaravati due to incentives from new government in Andhra

    Real estate prices to rise in Amaravati due to incentives from new government in Andhra

    Amaravati (Andhra Pradesh), After five years of peace, real estate prices are set to rise in the Amaravati region of Andhra Pradesh and many land deals are expected to be closed as the state is ruled by N Chandrababu from YS Jagan Mohan Reddy-led YSRCP. Has changed under the leadership of. The...
  16. 3 crore housing units will transform rural and urban housing landscape

    3 crore housing units will transform rural and urban housing landscape

    New Delhi [India], Ministry of Housing and Urban Affairs has called upon the real estate sector to be prepared for the upcoming housing challenges by 2029 with a focus on innovative solutions like rain harvesting and solar powered routes, additional Secretary D Thara announced.Speaking at the...
  17. Builders should make arrangements for rain harvesting, solar energy to make housing societies sustainable: Government

    Builders should make arrangements for rain harvesting, solar energy to make housing societies sustainable: Government

    New Delhi: Emphasizing the need to decentralize the water and energy generation system, Additional Secretary, Housing and Urban Affairs D Thara on Friday asked real estate developers to change the way they build housing projects and make them self-reliant.Speaking at the third convention of...
  18. Real estate investment a popular hedge against inflation; Housing rate increased 13 percent in last 2 years: Report

    Real estate investment a popular hedge against inflation; Housing rate increased 13 percent in last 2 years: Report

    New Delhi: Housing prices have appreciated at a compound annual growth rate (CAGR) of 13 per cent in the last two years, property consultant Anarock on Thursday said, adding that real estate investment remains a popular hedge against inflation. Has emerged as.Investing in real estate helps in...
  19. PropEx.ai and Iconic Era Properties Announce Exclusive Channel Partnership

    PropEx.ai and Iconic Era Properties Announce Exclusive Channel Partnership

    Bengaluru (Karnataka) [India], June 13: PropEx.ai, India's leading online real estate marketplace, is pleased to announce an exclusive channel partnership with Iconic Era Properties LLC, a leading real estate agency based in Dubai. This strategic collaboration aims to leverage the strengths of...
  20. Housing prices in India have seen a 13 percent rise in the last two years due to low inflation

    Housing prices in India have seen a 13 percent rise in the last two years due to low inflation

    Around 8.25 lakh new homes were launched and 8.72 lakh units were sold during the last two financial years.This trend indicates a clear outperformance of real estate prices compared to inflation.For investors looking to preserve and grow their wealth amid inflationary pressures, real estate...
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