The construction ban in the National Capital Region (NCR) due to worsening air quality has raised concerns among industry leaders. While the ban aims to combat pollution, it threatens project deadlines, livelihoods, and economic stability. Ghar finds out more..

Kalpataru Projects Greenlights ₹200 Cr NCD Issuance Kalpataru Projects International announced that its board has approved a plan to raise up to ₹200 crore through the issuance of non-convertible debentures (NCDs) via private placement.

MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.

One National Real Estate will conduct the 16th Annual NYC Real Estate Expo at the New York Hilton Midtown on October 16. Industry professionals will explore global, national, and local real estate prospects throughout a day of networking, panels, and exhibits.

Imagine waking up to beach vistas and natural light from your windows. The Four Seasons Private Residences in Caye Chapel, Belize, start at $4.5 million and provide this and more. These Caribbean Sea houses transcend luxury with Four Seasons Resort amenities and Caye Chapel Club membership.

Rightmove, the UK-based property listing behemoth, turned down a hefty £5.6 billion buyout approach from Australia's REA Group, which is majority-owned by Rupert Murdoch's News Corporation. Rightmove's board described the offer as "wholly opportunistic,".

Godrej Housing financing, Aadhar Housing Finance, and HUDCO were fined by the RBI for not following its housing financing guidelines. Inspections under the National Housing Bank Act led the RBI to cite erroneous loan appraisals, early interest charges, and poor risk management, etc.

By 2047, Viksit Bharat aims to raise 1.5 billion Indians' average income to that of affluent countries. Indian urban population is expected to rise from 34% in 2018 to 40% by 2030, while rural population is expected to decline. Promoting urban-rural synergy to support economic development is crucial

The most Indian Green Building Council (IGBC)-registered projects are in Maharashtra, followed by Uttar Pradesh and Gujarat. Over 7,000 IGBC-certified projects encompass 1,370 million square feet of built-up area in India, demonstrating its dedication to sustainability.

An innovative Mumbai-Ahmedabad bullet train station in Boisar, Palghar district, is planned to improve connectivity and infrastructure. This station is ideally located in the Boisar-Tarapur MIDC (Maharashtra Industrial growth Corporation), a major tourist destination, and much more.

Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.

In H1 2024, total absorption in India's warehousing and logistics sector rose 8% from 2023. Vestian Research reported 16.6 million square feet of sector absorption in the first half of 2024. Compared to H2 2023, absorption fell 26%, mostly due to a 74% drop in the National Capital Region.

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

Flexible workspace provider Smartworks has expanded internationally by leasing 35,000 square feet of office space in Singapore. Smartworks is one of the first Indian flexible workspace companies to operate abroad.

Godrej Properties and Sobha won three important land lots in a Greater Noida Authority auction. The auction saw strong participation, exceeding the reserve price of ₹738 crore with offers totalling ₹1,500 crore.