Macrotech Developers Records Strong Sales Growth in Q2FY25
Mumbai, India – October 7, 2024: Macrotech Developers, one of India’s leading real estate developers, has announced a robust 21% increase in pre-sales bookings for the second quarter of fiscal year 2025 (Q2FY25). The company achieved a remarkable ₹4,290 crore in pre-sales bookings during the period, surpassing its previous record.
Navratri: A Golden Opportunity for Real Estate Investment—Let’s Discover How
An Auspicious Time to Buy a Home During Navratri: Explore the Benefits of Investing in Real Estate and Special Offers The Navratri festival is not only a time for worshipping Goddess Durga but also a symbol of new beginnings and prosperity. This sacred period brings a joyful and enthusiastic atmosphere
Navratri: A Golden Opportunity for Real Estate Investment—Let’s Discover How
An Auspicious Time to Buy a Home During Navratri: Explore the Benefits of Investing in Real Estate and Special Offers The Navratri festival is not only a time for worshipping Goddess Durga but also a symbol of new beginnings and prosperity. This sacred period brings a joyful and enthusiastic atmosphere
Piramal Capital Sells Mumbai Commercial Property for ₹187 Crore
Mumbai, India – October 5, 2024: In a strategic move to bolster its financial position, Piramal Capital and Housing Finance has successfully divested a commercial property in Mumbai for a substantial sum. The property, located in the prime Bandra Kurla Complex (BKC) area, was sold to Shoquba Realty for a
BBMP Releases E-Khatas for Bengaluru Properties Online
Bengaluru: In a significant development aimed at streamlining property transactions and enhancing transparency, the Bruhat Bengaluru Mahanagara Palike (BBMP) has announced the release of e-khatas for all properties within the city limits. This online initiative marks a major milestone in the BBMP’s efforts to digitize property records and provide citizens
India’s Grade A Warehousing Market Booms, Surpassing 45 Million Square Feet in 2024
New Delhi, October 5, 2024: India’s industrial real estate sector is witnessing a remarkable surge, with Grade A warehousing leasing set to exceed 45 million square feet in 2024. This significant milestone reflects the growing demand for modern, high-quality warehousing facilities driven by e-commerce, logistics, and manufacturing sectors. According to
Chennai Metro Expansion Gets Green Light: Phase-II to Add 118.9 km of Tracks
Chennai, India – October 4, 2024: The Chennai Metro Rail project has received a significant boost with the Central Government’s approval for Phase-II of the expansion plan. This crucial development will see the addition of a massive 118.9 kilometers of new metro lines, connecting various parts of the city and
Karnataka RERA Cracks Down on Defaulters, Issues Recovery Orders Worth Over ₹707 Crore
The Karnataka Real Estate Regulatory Authority (RERA) has taken a significant step towards protecting homebuyers’ interests by issuing recovery orders worth a staggering ₹707 crore. These orders target errant builders who have failed to fulfill their obligations under the Real Estate Regulatory Authority Act, 2016. Despite these stringent actions, a
Mumbai’s Luxury Real Estate Market Heats Up: 4 BHK Apartment in Borivali Commands ₹14 Crore
Mumbai’s affluent suburbs continue to attract premium property buyers, as evidenced by a recent high-profile transaction. A luxurious 4 BHK apartment in Borivali, one of the city’s most sought-after residential areas, has been sold for a staggering ₹14 crore. This translates to a per-square-foot rate of ₹56,000, setting a new
Indian Real Estate: A Magnet for Investment Dollars
India’s real estate sector is experiencing a golden age, attracting a continuous influx of investment capital. This trend transcends domestic borders, with both domestic and foreign investors clamoring for a piece of the lucrative Indian property market. Several factors contribute to this investment frenzy. First, India’s burgeoning economy fosters a
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