Sustainability Meets Sophistication: The Future of Urban Luxury Living
As NCR combats escalating environmental challenges, the real estate sector has become pivotal in driving sustainable change. Ahead of rapid urbanization, the urban population is expected to reach 600 million by 2030, leading to an immense strain on infrastructure and resources. Bringing a paradigm shift, homebuyers in NCR perceive luxury
Macrotech Developers on an Acquisition Spree: Securing Land for ₹16,600 Crore Projects
Mumbai-based real estate giant Macrotech Developers has been actively expanding its land bank in recent months, acquiring seven strategic land parcels across various locations. These acquisitions, made between April and September 2024, have a combined estimated development value of ₹16,600 crore. The company has secured land in key areas such
Shapoorji Pallonji Joins Forces with Kanodia for Grand Gurugram Project
Shapoorji Pallonji Real Estate, a renowned name in the Indian real estate landscape, has entered into a strategic joint venture with Kanodia Group to develop a luxury housing project in Gurugram. This ambitious project is estimated to be worth a substantial ₹1,200 crore. The collaboration brings together the strengths of
GRAP Stage 1 Restrictions Imposed in Delhi Ahead of Diwali
In an effort to curb air pollution le vels during the upcoming Diwali festival, the Graded Response Action Plan (GRAP) Stage 1 restrictions have been implemented in Delhi. The Environment Pollution Control Authority (EPCA) has issued guidelines to member developers of the Confederation of Real Estate Developers Association of India
Deonar Land Allotment to Boost Dharavi Redevelopment
The Maharashtra government, led by Chief Minister Eknath Shinde, has taken a significant step towards accelerating the Dharavi redevelopment project. The government has approved the allocation of 125 acres of land in Deonar to the project, which is expected to provide a major boost to its implementation. The Deonar land,
MahaRERA Orders L&T Realty to Reimburse Homebuyers
In a significant ruling, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed L&T Realty, a prominent real estate developer, to deduct 2% from the total amount due to homebuyers and refund the remaining balance. This action follows complaints lodged by homebuyers alleging delays in project completion and non-adherence to
Indian Real Estate Market Rebounds with Robust Q3 Activity
The Indian real estate sector witnessed a strong resurgence during the September quarter (Q3), with a total of 25 deals valued at a substantial $1.4 billion being finalized. This significant uptick was primarily driven by a surge in Qualified Institutional Placement (QIP) activity. QIPs, a popular fundraising method for listed
Manipal Hospitals Expands Footprint in Mumbai with ₹415 Crore Land Acquisition
Mumbai, October 16, 2024: Manipal Hospitals, a leading healthcare provider in India, has strengthened its presence in Mumbai with the acquisition of a prime piece of land in Andheri for ₹415 crore. This strategic move aligns with the hospital chain’s ambitious expansion plans and its commitment to providing world-class healthcare
CIDCO lottery 2024: 12,400 applications received for 26,000 affordable homes in Navi Mumbai
CIDCO’s Affordable Housing Lottery Draws Massive Interest Navi Mumbai, October 15, 2024: The CIDCO Affordable Housing Lottery 2024 has witnessed an overwhelming response, attracting a total of 12,400 applications for the 26,000 affordable homes on offer. This surge in interest highlights the acute demand for affordable housing in the Mumbai
Housing sales in Jan-Sep period touch 2.29 lakh units recording 17% growth year-on-year
The Indian real estate market continues to exhibit resilience, with housing sales witnessing a robust 17% year-on-year growth during the January to September period of 2024. A total of 2.29 lakh units were sold during this period, indicating a sustained demand for residential properties across the country. Several factors have
Recent Posts
- Chipi Airport reimagining real estate in Sindhudurg: Report
- Celebrate the spirit of Christmas with ‘Happiness Carnival’ at World Street by Omaxe
- Beyond the Basics: How Luxury Homes are Redefining Modern Living in NCR
- Repo Rate Unchanged at 6.5%: Real Estate Sector shared its views
- RBI MPC Meeting Begins Today Repo Rate Likely to Remain Unchanged
