China’s Home Sales Slump Persists Despite Government Efforts
China’s real estate market continues to grapple with a persistent slump, despite government efforts to revive the sector. The latest data reveals a further decline in home sales during the month of August, marking the 18th consecutive month of contraction. This prolonged downturn has raised concerns about the broader economic
Luxurious Investment: Promoter Snaps Up ₹115 Crore Apartment in Mumbai’s Oberoi 360 West
The Mumbai luxury real estate market continues to attract high-profile buyers, as evidenced by a recent significant transaction. The promoter of Ebco Pvt Ltd has made a strategic investment, acquiring a luxurious apartment in the prestigious Oberoi 360 West project in the city’s Worli neighborhood for a staggering ₹115 crore.
Long-Awaited Relief: Unitech Restarts Construction on Gurugram’s South Park Project
A wave of relief has washed over hundreds of homebuyers in Gurugram as Unitech Ltd., the developer responsible for the stalled South Park project, has finally announced the resumption of construction work. This positive development comes after years of delays, financial troubles, and mounting anxiety for the project’s investors. Located
Godrej Properties Makes Power Play in Gurugram’s Luxury Market with Rs 515 Crore Land Acquisition
Godrej Properties, a titan of the Indian real estate industry, has made a bold move to solidify its dominance in Gurugram’s booming luxury market. Through a strategic land acquisition via an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP), Godrej emerged as the victor, securing two prime group housing
PVR INOX Charts Course for Financial Stability Through Strategic Asset Monetization
PVR INOX, the multiplex giant born from the merger of PVR and INOX Leisure, is making a calculated move to strengthen its financial footing. The company has set its sights on monetizing its real estate assets, a strategic decision aimed at unlocking value and generating additional revenue streams. This initiative
Cognizant Sheds Chennai HQ in Strategic Shift for Streamlined Operations
In a move that underscores a strategic shift towards operational consolidation, tech giant Cognizant has placed its longtime Chennai headquarters on the market with a price tag of ₹800 crore. This decision signals a significant change for the company, which has called the sprawling 15-acre Okkiyam Thoraipakkam campus its home
Karan Johar Expands Real Estate Portfolio with Pali Hill Rental
Bollywood filmmaker Karan Johar has further solidified his presence in Mumbai’s prime real estate market by taking a property on rent in the prestigious Pali Hill area. The rental agreement, reportedly finalized at a substantial sum of ₹8 lakh per month, underscores the increasing demand for premium residential properties in
Noida Gears Up for Industrial Growth with Increased FAR
Noida Authority is poised to implement a strategic move aimed at stimulating industrial growth in the region. The proposed amendments involve a significant increase in the Floor Area Ratio (FAR) for designated industrial lands and integrated townships. This move seeks to optimize land usage and encourage vertical expansion within the
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