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
US Firm Plans ‘American City’ Project with 1,200 Acres Near Noida Airport
In a bold move that could reshape the region’s real estate landscape, a prominent US firm is seeking to acquire 1,200 acres of land near the upcoming Noida International Airport to establish an ambitious ‘American City’ project. This innovative development aims to blend modern urban living with American cultural elements,
ED Strikes Again: ₹335 Crore Worth of Assets Seized in Unitech Group Money Laundering Case.
In a major crackdown on financial irregularities, the Enforcement Directorate (ED) has attached assets worth a staggering ₹335 crore belonging to the Unitech Group. This action is a direct result of ongoing investigations into a money laundering case involving the real estate conglomerate. The ED’s probe into the Unitech Group
Emaar India Makes Strategic Entry into Mumbai’s Luxury Real Estate Market
Dubai-based developer Emaar India is set to make a significant splash in Mumbai’s affluent real estate market. The company has announced its plans to launch a luxurious villa project in Alibag, a coastal town renowned for its serene beauty and proximity to Mumbai. The upcoming project, named “Emaar Palm Beach,”
Nexus Select Trust Acquires Bengaluru Shopping Mall for ₹877 Crore
In a strategic move to expand its footprint in the southern Indian market, Nexus Select Trust has acquired a prominent shopping mall in Bengaluru. The acquisition, valued at ₹877 crore, is expected to strengthen Nexus Select Trust’s position as a leading player in the Indian retail real estate sector. The
Marriott International Expands Footprint in South Asia with Edition Hotels Partnership
New Delhi, October 19, 2024: Marriott International has announced a strategic partnership with Prestige Falcon Realty Ventures to introduce the renowned Edition Hotels brand to South Asia. This collaboration marks a significant milestone for Marriott, expanding its luxury portfolio and strengthening its presence in a region with a growing demand
China’s Housing Market: A Persistent Slump Despite Revival Efforts
China’s once-booming real estate sector continues to grapple with a prolonged downturn, despite a series of government measures aimed at stimulating a recovery. The decline in home prices, which began in 2021, has persisted throughout the year, raising concerns about the broader economic health of the country. Several factors have
Zhejiang Medical Manufacturing Enters South Asian Market
2024 Zhejiang International Trade (India) Exhibition Successfully Held The 2024 Zhejiang International Trade (India) Exhibition, it started from October 5th and will be going on till 7th October at the Pragati Maidan Convention and Exhibition Center in New Delhi. The main event, the 39th MEDICALL exhibition, is recognized as the
Zhejiang Medical Manufacturing Enters South Asian Market
2024 Zhejiang International Trade (India) Exhibition Successfully Held The 2024 Zhejiang International Trade (India) Exhibition, it started from October 5th and will be going on till 7th October at the Pragati Maidan Convention and Exhibition Center in New Delhi. The main event, the 39th MEDICAL exhibition, is recognized as the
China’s New Home Prices Tick Up Slightly in September
Beijing, China – October 2, 2024: China’s property market continues to show signs of recovery, with new home prices experiencing a marginal increase in September. According to a private survey conducted by the National Bureau of Statistics (NBS), prices rose by 0.1% month-over-month, marking the second consecutive month of growth.