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Flex Space Demand in India Set to Reach Unprecedented Heights in 2024

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

By Admin

  • 3rd Sep 2024
  • 1198 Views
Atmosphere Living, A Dubai Company to Jointly Develop Luxury Hotel and Villas in Mussoorie

In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.

By Admin

  • 4th Aug 2024
  • 1327 Views
Signature Global Buys INR 350 Cr Land in Gurugram for Luxurious Housing Project

Signature Global, a real estate company, has purchased 14.65 acres of property in Gurugram for ₹350 crore to create a large housing complex as part of its development strategy. The corporation bought property in Sector 37D, near the fast-growing Dwarka Motorway.

By Admin

  • 22nd May 2024
  • 1277 Views
SBI Fuels Gurugram World Trade Center Project with Rs 714 Crore Investment

The State Bank of India has committed Rs 714 crore to TCG Urban Infrastructure, a New York-based company, for the development of a World Trade Center in Gurugram. This project promises to offer one million square feet of leasable space.

By Admin

  • 7th May 2024
  • 1284 Views
Lodha Celebrates Stellar Growth in Q4, with a 21% Increase in Net Profit

Lodha, or Macrotech Developers, reported a 21% rise in net profit to Rs 670 crore for the March quarter. The company's operating revenue rose 23% to Rs 4,020 crore. Developer pre-sales and yearly performance are at an all-time high this quarter.

By Admin

  • 26th Apr 2024
  • 1270 Views
Mumbai Developer Ordered to Compensate Homebuyer with INR 8,50,000

With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.

By Admin

  • 31st Mar 2024
  • 1342 Views
County Group Unveils a Rs 5000 Crore Ultra Luxury Housing Project in Noida

County Group, a leading Delhi NCR real estate developer, is raising the bar for luxury living with its Rs 5,000 crore investment plan. The company will build Ivory County, a premium home project in Noida, over five years to provide an unmatched living experience.

By Admin

  • 14th Feb 2024
  • 1283 Views
Uttar Pradesh Unveils Plans For New Ayodhya City on 1000 Acres

The Uttar Pradesh government plans to build a 1,000-acre metropolis near Ayodhya with traditional and modern architecture. Nitin Gokarn, the state's Additional Chief Secretary for Housing and Urban Development, said the government had bought land for 'New Ayodhya', a groundbreaking project.

By Admin

  • 17th Jan 2024
  • 1299 Views
Hiranandani Group Forays Into Property Development Management

Real estate developer Hiranandani Group has entered development management. The company will provide development, building, design, marketing, and sales solutions to other real estate players via national partnerships.

By Admin

  • 1st Dec 2023
  • 1337 Views
Max House Phase 2, The Boutique Office Development in Okhla by Max Estates Receives Completion and Occupation Certificate

Max Estates, Max Group's real estate company, received the certificate of completion and occupancy for Phase 2 of Max House, a boutique office complex in Okhla, South Delhi.

By Admin

  • 24th Nov 2023
  • 1388 Views
Bombay Dyeing Set to Divest 22 acres in Worli for a Whopping INR 5200 Crore

The Wadia Group-owned Bombay Dyeing & Manufacturing Company (BDMC) will sell 22 acres of premium Worli property to a subsidiary of Japan's Sumitomo Realty & Development Company is buying the prime real estate for INR 5200 cr

By Admin

  • 14th Sep 2023
  • 1350 Views
MQDC, a Thai Real Estate Development Company, Leases 45000 sqft in Gurugram to Establish a Coworking Space

MQDC, a Thai Real Estate Development Company, Leases 45000 sqft in Gurugram to Establish a Coworking Space

By Admin

  • 12th May 2023
  • 1462 Views
Taiwanese Company Foxconn Acquires 300 acres in Devanahalli, Bangalore

Foxconn has acquired 300 acres in Devanahalli, North East Bengaluru for Rs 300 crore through its subsidiary Foxconn Hon Hai Technology India Mega Development, according to a recent filing with the London Stock Exchange (LSE).

By Admin

  • 10th May 2023
  • 1942 Views
Chennai Based Real Estate Developer Casagrand Ventures Into Commercial Real Estate Market Planning to Spend Around INR 8000 Cr in 5 Years

Chennai Based Property Development Company Casagrand has announced plans to expand into the commercial real estate market, with plans to spend 8,000 crore over the next five years.

By Admin

  • 23rd Mar 2023
  • 1532 Views
BCD Group Collaborates With ArisUnitern to Expedite The Construction of Residential Developments in South India

Real estate development and construction company BCD Group has teamed with real estate consultancy firm ArisUnitern to expedite the completion of residential projects in South India.

By Admin

  • 25th Feb 2023
  • 1494 Views
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