ICICI Prudential AMC buys office tower from Kalpataru in Mumbai for Rs 315 crore
ICICI Prudential AMC has acquired a full office tower in Mumbai from Kalpataru for Rs 315 crore, marking a strategic expansion and likely housing their new headquarters. In a significant move, ICICI Prudential Asset Management Company (AMC) has bolstered its presence in Mumbai’s commercial real estate market by acquiring an
Small and medium REITs to broaden realty investor base: Crisil
Crisil Ratings, a prominent credit rating agency in India, predicts a significant expansion of the real estate investor pool due to the introduction of regulations for Small and Medium REITs (SM REITs) by SEBI, the country’s securities regulator. These regulations aim to make real estate investments more appealing and less
Mumbai’s Residential Property Market: A Tale of Two Trends
Mumbai’s June 2024 property market reflected a mixed performance. Year-on-year registrations grew by 12%, indicating continued growth. However, a 3.6% dip compared to May 2024 suggests a potential slowdown, prompting analysts to monitor market trends closely. Mumbai’s residential property market exhibited a conflicting performance in June 2024. On a year-on-year
Ganga realty to invest Rs 1,200 crore in developing luxury housing project in Gurgaon
Gurgaon-based Ganga Realty to develop “Anantam,” a high-end housing project featuring the city’s tallest residential tower and offering ultra-luxury apartments with smart features and sustainable practices. Gurgaon’s real estate market is poised for a touch of opulence with Ganga Realty’s announcement of a new luxury housing project, “Anantam.” The Gurgaon-based
Mitsui O.S.K Lines’ Daibiru Corporation enters India’s real estate sector, invests $123.5 mn in Delhi’s Atrium project
Mitsui O.S.K. Lines’ subsidiary, Daibiru Corporation, makes a $123.5 million investment to enter the Indian real estate market by developing A+ grade office space in Delhi’s Atrium project, partnering with Hines for project completion by 2025. In a strategic move to diversify its holdings and tap into India’s flourishing real
Mumbai rains: Here’s how waterlogging impacts the financial capital’s real estate market
Mumbai’s monsoon season, while a welcome respite from the scorching summer, presents a recurring challenge for the city’s real estate market: waterlogging. Areas susceptible to flooding experience a significant decrease in property values and rental rates. Studies suggest a drop of 10-20% compared to unaffected areas. This translates to a
Delhi-NCR real estate: Haryana govt gives nod for construction of stilt and 4 floors
Shri. JP Dalal, Town and Country Planning Minister, Govt of Haryana has officially said the government’s approval for builders to construct buildings with stilt and four floors in designated residential sectors. According to this, the state allows the construction of four floors with stilts in sectors where the layout plan
Yamunanagar gets largest welcome centre.
2nd July 2024, Yamunagar, Haryana: Recent initiatives, including the expansion of road networks .. enhancing connectivity to neighboring states, and modernizing public transportation systems, have brought Yamunanagar in a transformative phase. These efforts have improved mobility and accessibility, fostering economic growth and development. Real estate developer Emperium Pvt Ltd has inaugurated the Emperium Resortico
Signature Global reports Rs 2,700 crore sale from Gurgaon project
Signature Global’s new Gurugram project, “Titanium SPR,” records a phenomenal Rs 2,700 crore in sales, reflecting strong demand for luxury apartments in the city. Gurugram-based real estate developer Signature Global is celebrating a major win with its recently launched luxury project, “Titanium SPR.” The company has raked in an impressive
BAF and RERI sign MoU to spread awareness amongst homebuyers in Bengaluru
To strengthen Bengaluru’s real estate market, BAF and RERI at IIM Bangalore partner to deliver educational programs, knowledge-sharing initiatives, and community engagement activities to empower homebuyers. In a move that aims to empower homebuyers and foster a secure real estate environment in Bengaluru, the Bangalore Apartments’ Federation (BAF) and the
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