TCG Real Estate and Vornado Realty Trust plan to invest ₹270 crore in two residential projects in India, focusing on medium-sized developers.
CREDAI presented an action plan to address corruption in the real estate sector to the Union Urban Development Minister. They highlighted the damaging impact of corrupt practices on the industry's reputation and called for government support in streamlining approvals and reducing delays.
CREDAI introduces a new transparency system for Chhattisgarh real estate developers, focusing on clear dealings, consumer redressal, and adherence to a code of conduct.
Raheja Universal, rated by CRISIL, plans to develop 70 million sq ft in Mumbai, consisting of 26 million sq ft commercial and 44 million sq ft residential.
DLF to Acquire Stake in Bidadi Knowledge City from Dubai-based Limitless Group
Gitanjali Gems Ltd is launching a high-end residential project in Borivli, Mumbai, with two towers spread over 400,000 sq ft. The project is expected to generate revenue of 400 cr.
3D floor plans aid in saving time and money for developers, enhancing project visualization for both builders and buyers, and attracting lenders.
DLF has received government approval to proceed with its SEZ project in Kolkata, following a lengthy process to revive the initiative amid rising demand for IT space.
Tata Housing received the Best Developer award for CSR at the Cityscape Awards, highlighting its commitment to societal welfare and contributions to Indian real estate.
Omaxe has announced a new Rs 64.8 crore project for AIIMS in Rishikesh, Uttarakhand, with plans for further expansion in the near future.
Jaypee Greens has launched Kingswood Oriental, a luxurious residential community featuring villas with exquisite designs and extensive amenities in Noida.
CREDAI submits memorandum to Finance Ministry to remove service tax on under-construction housing complexes.
Godrej Industries partners with Godrej & Boyce and Godrej Properties to develop Vikhroli property via a new SPV, potentially before the Urban Land Ceiling Act is repealed.
Oberoi Hotels and Resorts is set to establish a luxurious 225-room hotel in Doha, enhancing Qatar's hospitality landscape through a partnership with Al Wa’ab City Management.
DDA awards Delhi's 1st slum redevelopment project to Raheja Developers, worth Rs 500 crore, aiming to improve living conditions for urban poor and generating substantial business for builders.
Unity Infra projects wins Rs 54.56 crore contract from Amanora Park Town for construction of six towers, to be completed in 29 months.
Retail investors show cautious approach towards recent IPOs while institutional and high net worth investors demonstrates higher interest. Several IPOs deemed overvalued, according to investment recommendations.
Omaxe Ltd. plans a Hi-tech township in Lucknow, expected to generate Rs 2800 crores over 5-7 years, enhancing local amenities and infrastructure.
Tata Housing engages in initial discussions with Sequoia Capital and Atlanta Equity to secure funding for affordable housing projects, attracting investor interest with low-risk opportunities.
UP Government announces tax benefits and simplified approval process for SEZ investments to boost growth in the region.
Amrapali Group plans to invest Rs.15,000 crore over five years for various projects, including a new 400-unit housing initiative in Ghaziabad.
DLF abandons mall plan in Chennai due to recession, seeks residential project approval.
Omaxe subsidiary partners with Allahabad Development Authority for a 1,535-acre township project.
DLF aims to raise Rs 300-500 crore by selling its stake in a joint venture with Akruti City for a commercial project in Andheri, part of a larger debt reduction strategy.
16 new malls are set to open in the tricity within a year, despite existing malls like Uppal’s Centra Mall and DT Mall struggling with low footfalls beyond cinema visitors.