Paras Buildtech Unveils Ultra-Luxury Project ‘The Manor’ in Gurugram.
Synopsis: Real estate developer Paras Buildtech has announced the launch of a super-luxury residential project named ‘The Manor’ in Gurugram. The project will see an investment of ₹490 crore and offer a collection of just 120 ultra-luxury apartments. Gurgaon’s luxury real estate market is set to witness a new entrant
Embassy REIT Expands Footprint: Acquires Chennai Business Park with Debt Funding
Synopsis: Embassy Office Parks REIT (Embassy REIT), a leading Indian real estate investment trust, has announced the successful acquisition of a Grade-A business park in Chennai. The deal, valued at Rs 1,185 crore, marks Embassy REIT’s entry into the Chennai market and is financed primarily through a debt raise of
India’s Retail Landscape Set for Transformation: New Retail Space to Surge by 50%
Synopsis: India’s retail sector is poised for a significant expansion. A report by JLL predicts a near 50% increase in retail space availability over the next five years, reaching a total of 134 million square feet by the end of 2028. This growth will be driven by the development of
JM Financial Shifts Gear: Focuses on AIFs and Syndications for Real Estate Funding
Synopsis: JM Financial Group, a leading Indian financial services firm, is strategically transitioning its approach to real estate project funding. The company is moving away from traditional lending models and will now primarily focus on Alternative Investment Funds (AIFs) and syndications for financing realty projects. JM Financial Group, a prominent
Indian Real Estate Market Booms: Listed Developers See Sales Surge in FY24
Synopsis: India’s real estate sector witnessed a significant boom in FY24, with 18 major listed developers recording a staggering Rs 1.17 lakh crore in property sales. This marks a 33% increase compared to the previous fiscal year, driven by a surge in demand for residential properties, particularly luxury homes. The
Max Group’s Antara Ties Up with Hyderabad Realtor for Senior Living Project
Max Group’s Antara has partnered with a Hyderabad-based real estate firm to develop a senior living project. This collaboration aims to address the growing demand for specialized housing for the elderly, combining Max Group’s expertise in senior living with local real estate insights. Hyderabad, India – May 31, 2024 –
Mumbai Property Market Continues Record-Setting Spree with Best-Ever May
Mumbai’s property market continues to break records, achieving its best-ever performance in May 2024. The surge in property transactions and revenue collection highlights the city’s robust real estate demand and market resilience. Mumbai, India –The Mumbai property market has achieved another milestone, recording its best-ever performance for the month of
In Indian Real Estate, Senior Living is Still in the Junior League
Despite the growing interest, senior living in the Indian real estate market remains underdeveloped, with significant potential yet to be realized. Developers and investors are slowly recognizing the need for specialized housing solutions for the elderly, but the segment still lags behind other real estate sectors. The concept of senior
AU Real Estate to Invest Rs 600 Crore in Luxury Residential Project in Ghaziabad
AU Real Estate is set to invest Rs 600 crore in a new luxury residential project in Ghaziabad. This significant investment aims to tap into the growing demand for high-end housing in the region and enhance the company’s portfolio. Ghaziabad, India – AU Real Estate has announced plans to invest
Bosch Leases 6.91 Lakh Sq Ft Office Space in Bengaluru for Expansion
Bosch has leased 6.91 lakh square feet of office space in Bengaluru to facilitate its expansion plans. This move underscores Bosch’s commitment to growing its presence in India and catering to increasing business demands. Bengaluru, India – In a significant move to bolster its presence in India, Bosch has leased
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