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Mumbai-based Aris Infra, a tech-driven construction material procurement platform, aims to raise ₹600-700 crore through an IPO. Backed by prominent investors, the company plans to file a draft prospectus next month.
- 27th Jun 2024
- 1240 Views
Unsold home inventory in the National Capital Region (NCR) has dropped 57% in five years. Unsold stock fell from 200,000 units in Q1 2018 to 86,420 units in Q1 2024, the greatest drop in the nation.
- 25th May 2024
- 1208 Views
Bank lending to commercial real estate, including residential projects, rose 23% last fiscal year excluding the HDFC-HDFC Bank merger. Loans totaled Rs 3.97 lakh crore. Including the merger, growth rose to 38.9%, with Rs 4.48 lakh crore in loans as of March 31.
- 8th May 2024
- 1292 Views
In an innovative move, Nuvama Asset Management, the alternative investment arm of Nuvama Wealth Management, and Cushman & Wakefield have formed a joint venture to raise a 3,000 crore commercial property fund.
- 11th Jan 2024
- 1304 Views
Guide to Goa real estate 2024. Consider Goa as a second home, especially with the new airport in Mopa. Learn why Goa homes are so popular as real estate investments.
- 10th Jan 2024
- 1353 Views
The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.
- 20th Dec 2023
- 1372 Views
In a bold initiative to demonstrate openness and regulatory supervision, MahaRERA deregistered seven key projects throughout the state. Developers recognise budgetary restrictions and lacklustre reception to their offers.
- 22nd Oct 2023
- 1323 Views
According to a regulatory filing at the BSE, Oberoi Realty of Mumbai has purchased 6.4 acres of land from NRB Bearings Limited (NRB) in Thane's Pokhran Road.
- 27th May 2023
- 1379 Views
Mumbai-based real estate developer Arkade Developers recently confirmed its intention to file a draught red herring prospectus (DRHP) with the market regulator by June 2023 in order to raise approximately INR 600 crore via an initial public offering (IPO).
- 15th Apr 2023
- 1444 Views
Reliance Industries Ltd. (RIL), which is managed by the Indian business magnate Mukesh Ambani, has joined the commercial real estate market in India. This highly significant into the Indian commercial real estate space was verified by RIL in a regulatory filing.
- 3rd Mar 2023
- 1633 Views
According to Delhi real estate market reports, several developers are avoiding registering their projects with the Real Estate Regulatory Authority (RERA) despite the necessity to do so whenever the developed area surpasses 500 square mtrs, regardless of the number of flats constructed on the plot.
- 27th Jan 2023
- 1407 Views