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Co-Working Company Awfis Achieves Profitability with INR 1.3 Crore Q4 Net Profit

Office space sharing company Awfis, which went public last month, reported a net profit of ₹1.3 crore for the January-March quarter, a significant turnaround from a ₹13.8 crore loss in the same period last year.

By Admin

  • 20th Jun 2024
  • 1237 Views
GCCs Accelerate India's Office Space Leasing in FY24

The office leasing industry is heavily influenced by GCCs in India because to their skill and cost advantages. GCCs continue to alter India's commercial real estate market as they develop across industries.

By Admin

  • 30th May 2024
  • 1278 Views
Bangalore Based Puravankara Sets a New Benchmark With a Record-Breaking INR 5914 Crore Sales in FY24

Purevankara outperformed itself in 2024, selling Rs 5,914 crores, up 90% from Rs 3,107 crores in FY23. Customer collections increased by 60% to Rs 3,609 crores from Rs 2,258 crores last year.

By Admin

  • 7th Apr 2024
  • 1329 Views
2024: A Record-Breaking Year for Indian Residential Real Estate Market

The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.

By Admin

  • 31st Mar 2024
  • 1186 Views
Bengaluru Based Prestige Group Registers a Whopping 111 per cent Sales Growth in Q3 FY24

In the third quarter of fiscal year 24, Bengaluru-based real estate developer The Prestige Group earned Rs 5,326.1 crore. Over the last year, growth has been 111%. A January 9 regulatory filing indicated a 5.46 million-square-foot construction.

By Admin

  • 11th Jan 2024
  • 1256 Views
New Delhi Based Ashiana Housing Plans Strategic Investments for 2024

Ashiana Housing, a New Delhi-based real estate developer, plans to spend Rs 650-700 crore in land and building in 2023-24. The business wants to book Rs 1,500 crore in area in FY24 and add 7-8 million sq ft in three years.

By Admin

  • 10th Jan 2024
  • 1345 Views
DLF Shatters Real Estate Sales Records in Gurugram in FY24

In nine months, DLF, India's top real estate developer, met its FY24 bookings estimate. On the heels of a successful 7,200 crore flat sale in their newest project, DLF Privana South in Gurugram's Sectors 76 and 77.

By Admin

  • 8th Jan 2024
  • 1348 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1273 Views
Lodha Poised to Surpass INR 17,500 Crore Target This Financial Year

Lodha, or Macrotech Developers, is on track to beat its fiscal year predictions. Real estate professionals are excited as the business is on course to exceed its FY24 gross development value (GDV) of INR 17,500 crore in the first half.

By Admin

  • 31st Oct 2023
  • 1317 Views
In Q1 of FY24, Sales of Bangalore Based Puravankara Increased by 116 Per Cent to INR 1126 Crore

Puravankara reported that its sales for the first quarter of FY24 more than doubled to Rs 1,126 crore from Rs 513 crore a year earlier in a July 2023 regulatory filing.

By Admin

  • 10th Jul 2023
  • 1291 Views
BCD Group Surpasses 1000 Cr in Residential Construction Projects Order Value

BCD Group, a prominent player in the Indian construction and design industry, surpassed Rs 1,000 crore worth of projects in Bengaluru during the first quarter of FY24

By Admin

  • 7th Jul 2023
  • 1389 Views
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