PE Investments in Indian Realty Reach $2.2 Billion in Q3 2024
New Delhi, October 9, 2024: Private equity (PE) firms continued their strong interest in the Indian real estate sector during the July-September period (Q3 2024), with investments reaching a substantial $2.2 billion. This marks a significant increase compared to the previous quarter, indicating growing confidence in the sector’s resilience and
Bollywood Royalty Expands Real Estate Portfolio: Akshay Kumar’s Sister Makes Lavish Investment
In a recent display of opulence, Alka Hiranandani, the sister of Bollywood superstar Akshay Kumar, has made a substantial investment in Mumbai’s luxury real estate market. The actress, known for her roles in films like “Main Hoon Na” and “Phir Hera Pheri,” has acquired two luxurious flats in the prestigious
MHADA Lottery Results 2024: Thousands Win Affordable Homes in Mumbai
Mumbai, October 9, 2024: The Maharashtra Housing and Development Authority (MHADA) has finally announced the much-awaited results of its 2024 lottery for affordable housing in Mumbai. A total of 2,030 lucky applicants have been selected to receive one of the coveted homes, bringing joy and relief to thousands of families
Paint Wars: Are We Witnessing a Merged Color Palette?
The paint industry might be experiencing a shift towards a more unified approach, with Dulux’s recent shade card raising eyebrows. While details remain unclear, industry whispers suggest the possibility of a merged color palette, potentially involving multiple paint brands. This development comes amidst intense competition within the paint industry. Major
Maharashtra’s Real Estate Sector: A Tale of Woes
The real estate sector in Maharashtra, once a booming industry, has been plagued by a series of controversies and allegations of misconduct. According to Ajoy Mehta, the former chief of the Maharashtra Real Estate Regulatory Authority (MahaRERA), the sector is rife with “horror stories” that highlight the challenges faced by
SAT Upholds Sebi Ban on Omaxe, Others
New Delhi, October 8, 2024: In a major setback for real estate developers Omaxe Group, BPTP Limited, and Parsvnath Developers, the Securities Appellate Tribunal (SAT) has upheld the Securities and Exchange Board of India’s (SEBI) order banning them from the securities market. The SAT dismissed the appeals filed by these
Zhejiang Medical Manufacturing Enters South Asian Market
2024 Zhejiang International Trade (India) Exhibition Successfully Held The 2024 Zhejiang International Trade (India) Exhibition, it started from October 5th and will be going on till 7th October at the Pragati Maidan Convention and Exhibition Center in New Delhi. The main event, the 39th MEDICAL exhibition, is recognized as the
RBI’s Key Meeting: What to Expect on October 9 – Will Cheaper Loans Be Introduced or Will Repo Rate Stay the Same?
The RBI’s Monetary Policy Committee will convene from October 7 to 9 to make a crucial decision on the repo rate, which currently stands at 6.5%. Following recent rate cuts by the US Federal Reserve, there is growing anticipation of a similar move in India. However, top experts believe that
The Tug of War: Affordable Housing vs. Luxury Boom
The Indian real estate market is witnessing a fascinating dynamic: a burgeoning luxury housing segment coexisting with a persistent demand for affordable homes. While the affluent are indulging in opulent residences, the vast majority of the population continues to grapple with the challenge of finding affordable housing. This dichotomy raises
M3M Group Triumphs Over Debt, Sets the Stage for Future Growth
M3M Group, a prominent player in the National Capital Region (NCR) real estate market, has achieved a significant milestone by successfully clearing a substantial debt of ₹2,473 crore. This accomplishment is a testament to the company’s resilience and strategic approach to navigating the challenges posed by the pandemic and economic
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