Category : Business

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

Ratan Tata, the legendary industrialist and philanthropist, owns a stunning beachfront residence in Colaba, Mumbai, known as Bakhtavar. This luxurious abode offers a serene escape from the bustling city and provides a glimpse into the lifestyle of one of India’s most influential figures. Here are five fascinating facts about Bakhtavar:

Keystone Realtors, a prominent player in Mumbai’s real estate market, has announced a significant surge in its pre-sales bookings for the second quarter of the financial year 2025 (Q2FY25). The company’s pre-sales have reached an impressive ₹700 crore, marking a substantial increase from the previous quarter. This robust growth can

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

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

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.

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

Mumbai, India – October 2, 2024: Godrej Properties Limited, a leading real estate developer in India, has received the green light from its board of directors to raise up to ₹6,000 crore through the issuance of securities. This strategic move aims to bolster the company’s financial position and support its

K.E. Gnanavel Raja, the renowned producer behind the blockbuster Tamil film “Thangalaan,” has recently acquired a luxurious apartment in Mumbai’s prestigious Juhu neighborhood. The 3,414-square-foot apartment in the upscale Prithvi Apartments complex fetched a hefty sum of ₹15 crore. This investment marks a strategic expansion for Raja, who is already