How Faridabad Evolved from an Offbeat Hub to One of India’s Prime Real Estate Destinations
Once considered an industrial offbeat locality overshadowed by its affluent neighbors Gurugram and Noida, Faridabad has transformed into a thriving real estate hub. With developments in connectivity, affordability, and infrastructure, it has become an attractive residential and investment option for middle-income families seeking quality living at reasonable prices. This article
The Picturesque regions of Alwar becoming the next farmhouse destination for NCR
Ankit Kansal, MD Axon Developers The HNIs and affluent households in NCR have a fascination with farmhouse style living. Across Delhi, the rich and well-heeled have invested in swanky Farmhouses in Brijwasan, Mehrauli, Chatarpur, etc. While no doubt some of these farmhouses are lavishly designed, they also come in hundreds
Record Number of Real Estate IPOs: Realty Players Raise ₹135 Billion in 2024
In a groundbreaking year for the Indian real estate sector, companies have raised an impressive ₹135 billion through initial public offerings (IPOs) in 2024. This surge marks a significant milestone, reflecting growing investor confidence and a robust market recovery post-pandemic. The trend has been fueled by a combination of factors,
Shriram Properties Signs JDA for ₹750 Crore Mixed-Use Development in Pune
Pune, India – Shriram Properties has announced the signing of a Joint Development Agreement (JDA) for a prime 6-acre land parcel in Pune, marking a significant step in the company’s expansion strategy. The mixed-use development is projected to generate revenues of approximately ₹750 crore, reflecting the growing demand for integrated
Abhishek Lodha and Family Commit ₹20,000 Crore Stake to Philanthropy
In a landmark move aimed at enhancing social welfare, Abhishek Lodha and his family have pledged to transfer a stake valued at ₹20,000 crore in Macrotech Developers to their philanthropic arm. This significant decision underscores the family’s commitment to social responsibility and sustainable development. Macrotech Developers, known for its prominent
Real Estate Developers Raise ₹12,801 Crore via QIP in 2023
In a significant boost for the Indian real estate sector, developers have successfully raised ₹12,801 crore through Qualified Institutional Placements (QIPs) between January and September 2023. This influx of capital highlights renewed investor confidence and a robust recovery trajectory for the industry, which has been navigating challenges posed by economic
UP Govt Gives Green Light to Yeida’s Master Plan 2031, Including Heritage City Project
The Uttar Pradesh government has given its approval to the Yamuna Expressway Industrial Development Authority (YEIDA)’s ambitious Master Plan 2031. This comprehensive plan aims to transform the region into a modern, sustainable, and globally competitive industrial and residential hub. One of the key highlights of the Master Plan 2031 is
Nikhil Kamath Breaks the Rent-or-Buy Debate with Apartment Purchase
Nikhil Kamath, co-founder of Zerodha, India’s largest discount brokerage firm, has finally taken the plunge into the real estate market. After years of renting, Kamath has recently purchased an apartment in Bengaluru. This decision has reignited the age-old debate about whether it’s more financially prudent to rent or buy a
Prestige Estates Sets Sights on Ghaziabad with ₹7000 Crore Township Investment
Bengaluru, October 21, 2024: Prestige Estates, a leading real estate developer in India, has announced plans to invest approximately ₹7000 crore in the development of a new township in Ghaziabad, Uttar Pradesh. This ambitious project will further solidify Prestige’s presence in the National Capital Region (NCR) and cater to the
Real Estate Remains Top Investment Choice for Indians
A recent survey conducted by PropTiger revealed that real estate continues to be the most preferred asset class for investment among Indians. Over 59% of respondents expressed a strong preference for real estate, highlighting its enduring appeal as a stable and lucrative investment option. One of the key reasons for