Brigade Group to Co-Develop 1 Million Square Feet Residential Project in Chennai
Leading real estate developer Brigade Group has announced a major new venture, a joint development of a 1-million-square-foot residential project in Chennai. The project, which will be located in one of the city’s rapidly growing neighborhoods, marks a significant expansion for the Bangalore-based company in South India’s thriving real estate
Singer Rahul Vaidya Purchases Luxurious Mumbai Apartment for ₹9 Crore
Popular singer Rahul Vaidya, known for his soulful voice and successful career in the Indian music industry, has reportedly bought a new luxury apartment in Mumbai for ₹9 crore. The stylish property, located in one of the city’s most coveted neighborhoods, marks a significant milestone in the singer’s real estate
Richard Gere Sells Connecticut Estate for $11 Million as He Plans to Leave the U.S.
Hollywood actor Richard Gere has reportedly sold his luxurious Connecticut estate for $11 million, signaling his intention to leave the United States. The sprawling property, located in the quiet town of North Salem, offers scenic views of the surrounding countryside and boasts over 50 acres of land. The estate, which
UP Government’s New Mandate Sparks Concern Among Buyers and Developers
Delhi NCR, 8th November 2024: The UP Government’s recent decision to mandate the registration of builder-buyer agreements upon payment of 10% of the flat’s price has sparked significant concern among buyers and developers. Homebuyers have to pay some percentage of the property’s value as stamp duty to get it registered
Brookfield India REIT to Raise Up to ₹3,500 Crore Through Unitholders’ Issue
Mumbai– Brookfield India Real Estate Investment Trust (REIT) has announced plans to raise up to ₹3,500 crore through an issue of new units, marking a significant move in the Indian real estate sector. The fund-raising initiative, aimed at expanding the REIT’s portfolio, will allow the firm to tap into the
KKR India CEO Gaurav Trehan Purchases Luxury Apartment for ₹88 Crore on Mumbai’s Carmichael Road
Mumbai – Gaurav Trehan, the CEO of KKR India, has made headlines with the acquisition of a luxurious apartment worth ₹88 crore in one of Mumbai’s most exclusive neighborhoods, Carmichael Road. The high-end property, located in the heart of South Mumbai, is known for its opulent homes and proximity to
Noida Property Buyers Raise Concerns Over Stamp Duty Fee on Sale Agreements
Noida – Property buyers in Noida are voicing strong objections to the recent implementation of a stamp duty fee on sale agreements, a move that has left many homeowners and prospective buyers frustrated. The stamp duty charge, which is now levied on the signing of sale agreements in addition to
Innov8 to Double Capacity with 100 Centres by 2025 Across Major Indian Cities
Innov8, a leading co-working space provider, has announced its ambitious plans to double its operational capacity by 2025, aiming to expand to 100 centres across India. The expansion will focus on major metropolitan hubs such as Mumbai, Delhi-NCR, Bengaluru, and other emerging cities. The company, known for offering flexible and
Real Estate Opportunity in Education Sector Estimated at Over 4 Billion Square Feet in Next Decade
The Indian education sector is poised for a significant transformation, with real estate opportunities projected to exceed 4 billion square feet over the next ten years. This substantial potential reflects the growing demand for educational infrastructure, driven by increasing enrollment rates and the need for modern facilities across the country.
DLF to Invest ₹8,000 Crore in Super-Luxury Project in Gurugram
DLF, one of India’s leading real estate developers, has announced a substantial investment of ₹8,000 crore to develop a super-luxury residential project in Gurugram. This ambitious undertaking reflects the company’s commitment to catering to the rising demand for premium housing in the National Capital Region (NCR), particularly among affluent buyers