The Supreme Court has granted permission to state-run NBCC (India) to generate an additional ₹15,000 crore by developing extra flats within the Amrapali projects. This move is intended to address the delivery of stalled homes to approximately 16,000 homebuyers, according to company executives.

Ashish Gumashta, the dynamic managing director of strategic initiatives at Motilal Oswal Financial Services, has bought a luxurious apartment in the coveted Bandra locality of Mumbai for around 36.19 crore rupees.

Two sources said Rajat Khare, founder of Luxembourg-based venture capital company Boundary Holding, and Shweta Khare, president, bought a 948-square-yard property in Delhi's Anand Niketan for 876 crore.

The Executive Centre (TEC), a flexible workspace provider based in Hong Kong, has invested 100 crore in the first half of 2023 to lease approximately 200,000 square feet of space in eight centres.

Sanjay Dutt, the chief executive officer of Tata Realty and Infrastructure Ltd, recently remarked that the high cost of land, money, and construction, as well as other economic concerns, make Indian real estate projects unprofitable.

Amway Global's chief executive officer, Milind Pant has sold an apartment at The Magnolias in Gurgaon for 18.9 crore, according to records obtained by the real estate data analytics company CRE Matrix.

Apple India renewed its 52,000-square-foot contract with The Executive Centre, a flexible office operator. In July 2022, Propstack extended the leasing arrangement for 36 months with a 16-month lock-in.

Oberoi Realty appointed Pankaj Gupta CEO, commercial real estate. Pankaj will help develop Oberoi Realty's commercial division strategy, which includes the International Business Park at Oberoi Garden City, Goregaon, Mumbai, which comprises Commerz, Commerz II, and Commerz III.

Several Indian real estate sector executives have recently commented on the repo rate hike and its likely impact on the market as a whole and in individual locations.

Omkar Shirhatti, co-founder and chief executive officer of Karza Technologies, has purchased a magnificent duplex in the Bandra West neighbourhood of Mumbai's Samarpan building for INR 47.7 crore.

Oberoi Realty has hired Sameep Pathak as Chief Executive Officer, Mall. He will be key in establishing the retail business of Oberoi Realty in India, which comprises the Oberoi Mall in Goregaon east, Mumbai.

Sandeep Mathrani, an Indian-American real estate sector veteran, was promoted to chief executive officer after the co-working startup's botched IPO bid almost three years ago.

Kalyan Krishnamurthy, Flipkart's Chief Executive Officer since 2017, has purchased a luxurious property in Bengaluru.

Goldman Sachs, Morgan Stanley, and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.

Global real estate investment fund Hines is looking to add 4 million square feet of commercial and residential space in its existing portfolio in India, after the Covid-19 pandemic accelerated the demand for premium development, a top executive told ET.