Category : Market Trend

WeWork Inc.’s ambitions for an exit from the Indian market have suffered a setback. The co-working giant’s plan to offload its entire 27% stake in its Indian subsidiary has fallen through, despite receiving approval from the Competition Commission of India (CCI) earlier this year. The deal, valued at an estimated

Chennai, September 24, 2024: DRA Homes, a prominent player in the Chennai real estate market, has further strengthened its presence by acquiring Marina Mall Residences, a prime residential project in the city’s sought-after Nungambakkam neighborhood. The acquisition, valued at ₹25.10 crore, marks a strategic move for DRA Homes, expanding its

Google’s decision to renew its lease for 3.7 lakh square feet of office space in Hyderabad is a testament to the city’s burgeoning reputation as a technology hub. This strategic move not only reinforces Google’s presence in the region but also serves as a catalyst for further growth and development.

Bajaj Housing Finance, a dominant force in India’s non-banking financial sector (NBFC), has received a significant pre-IPO shot in the arm by raising Rs 1,758 crore from a consortium of prominent investors. This strategic funding move serves as a powerful endorsement for the company’s financial stability and its long-term growth

Birla Estates, a renowned real estate developer, has joined forces with LGCPL Group to embark on a massive mixed-use project spanning 131 acres in Noida. This ambitious venture is expected to redefine the cityscape of Noida with a diverse range of residential, commercial, and retail spaces. The project will encompass

Delhi-NCR’s realty market has shown steady growth in the second quarter of 2024, with a 30% increase in average housing prices, according to a report by CREDAI- Colliers and Liases Foras. Driven by homebuyers’ positive sentiments and recent trends, the market is moving on an upward growth trajectory. With an

Mumbai-based construction and engineering firm Garuda Construction and Engineering Limited (GCEL) has received a significant boost, securing approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). This green light paves the way for GCEL to raise capital from the public for the

After a prolonged period of inactivity, construction has resumed on 41 towers within the Jaypee Wish Town project in the National Capital Region (NCR). This development brings much-needed relief to thousands of homebuyers who have been eagerly anticipating the completion of their units. The resumption of work on these towers

The Indian REITs Association has vehemently rejected the recent allegations made by Hindenburg Research, labeling them as unfounded and misleading. The association underscored the robust regulatory framework imposed on REITs by the Securities and Exchange Board of India (SEBI), which is designed to safeguard investor interests. REITs in India operate

A seismic report from Hindenburg Research has sent shockwaves through India’s financial landscape, exposing alleged conflicts of interest at the highest levels of the regulatory ecosystem. The report directly implicates the Securities and Exchange Board of India (SEBI), its chairperson Madhabi Puri Buch, and her husband Dhaval Buch, who previously