New Delhi, Housing sales are estimated to decline 2 per cent to nearly 1.20 lakh units in the current quarter across nine major cities, mainly due to lower demand in Hyderabad and Pune, according to PropEquity.Real estate data analytics firm PropEquity released home sales data for April-June...
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...
New Delhi, PNB Housing Finance on Tuesday said its board has approved raising Rs 10,000 crore through non-convertible debentures (NCDs) to grow its business.PNB Housing Finance said in a regulatory filing that the funds will be raised in one or more tranches through NCDs on a private placement...
New Delhi: According to housing brokerage firm PropTiger, about 60 per cent of the total 10,060 housing units sold in Delhi-NCR during January-March this year were priced above Rs 1 crore.In January-March this year, 10,060 units were sold in Delhi-NCR, of which 59 per cent were priced above Rs...
New Delhi: According to Anarock, average monthly rents for residential properties have increased by 2-4 per cent in the quarter compared to the January-March period across seven major cities.Real estate consultant Anarock said housing rent growth has moderated in the top seven cities -...
Mumbai: Housing and Urban Development Corporation (HUDCO) has raised US$200 million (JPY 30 billion) in its first foray into the syndicated loan market, its manager said on Tuesday.Japan's Sumitomo Mitsui Banking Corporation (SMBC) said the state-run body has raised five years of the money as...
Bhopal: The Madhya Pradesh government, citing environmental concerns, on Monday rejected a proposal brought under the New Bhopal "re-densification" plan that would have led to cutting of more than 27,000 trees in the state capital, a decision that was criticized by local Has come amid protests...
New Delhi: Realty firm Mahindra Lifespaces Developers Ltd is targeting a sharp growth of Rs 8,000-10,000 crore in its annual sales of housing properties and industrial space by financial year 2027-28 due to rising demand.Mumbai-based Mahindra Lifespaces sold residential properties and...
Dharavi Redevelopment Project Private Limited (DRPPL), a joint venture between the Government of Maharashtra and Adani Group, is the developer of the housing and commercial tenancy and will hand it over to the DRP/SRA of the state government for allotment. Survey findings.Sources have strongly...
Mumbai (Maharashtra) [India], the world's largest slum redevelopment project, does not involve any land transfer to the special purpose vehicle (SPV) created for the project or to the Adani Group.Sources close to the project told ANI that the land transfer will be done to the Dharavi...
Mumbai: The multi-crore Dharavi slum redevelopment project involves transfer of land not to the Adani Group but to Maharashtra government departments, and the Ahmedabad-based group, as a project developer, will build houses which will be handed over to the same departments. The allocation to...
New Delhi: The Center has approved the proposal of the Ministry of Housing and Urban Affairs-DDA for the construction of the Rithala-Narela-Kundli metro corridor, a Raj Niwas statement said on Saturday.It said that Delhi Lieutenant Governor VK Saxena had raised the issue of construction of...
Bhopal: Hundreds of Bhopal residents have joined hands to save over 27,000 trees, fearing they will be cut to make space for VVIP bungalows in the city, even as they stage a protest like the 'Chipko Movement'. Also considering starting.However, a top Madhya Pradesh government official said on...
Mumbai (Maharashtra) [India], A field survey conducted by the Maharashtra Housing and Area Development Authority (MHADA) at its premises in Mumbai revealed that 60 out of 62 hoardings were put up without the required No Objection Certificate (NOC) from MHADA .Following a tragic incident on May...
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...
VADODARA: Several residents of a housing complex built by the Vadodara Municipal Corporation (VMC) under a Gujarat government scheme are protesting against the allotment of a flat to a Muslim woman, saying the area is meant only for Hindus.Demanding cancellation of flat allotment, the...
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...
New Delhi [India], Bajaj Housing Finance has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs 7,000 crore through fresh issue and offer for sale.According to the DRHP document, the first public offer will consist of an offer for sale (OFS) by Bajaj...
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...
Dubai/Kuwait City, India's Mission in Kuwait is obtaining full information from the concerned Kuwaiti authorities on the tragic fire incident that broke out in a building in the southern city of Mangaf, in which 49 foreign workers, including about 40 Indians, and 50 others died. were injured...