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1000 Crore Dollars Invested as Equity in Indian Real Estate in 2024 !! A Record-Breaking Achievement

Equity investments in Indian real estate are set to cross $10 billion (₹1,000 crore) for the first time. Inflows reached $8.9 billion from January to September 2024, up 46% year-on-year, driven by strong domestic investor participation and a jump in deal volumes to 200 from 151 in 2023.

By Admin

  • 21st Nov 2024
  • 1134 Views
Slum Areas See a 17-Year Shift in Mumbai's Urban Fabric

A recent study highlights a gradual reduction in slum-covered land in Mumbai’s peninsular region, dropping by 8.6% over 17 years. From 47.7 sq km in 2005, the slum area declined to 43.6 sq km in 2022, revealing a dynamic transformation in one of India’s most densely populated cities.

By Admin

  • 12th Nov 2024
  • 1155 Views
Lodha Boosts Stake in Digital Infrastructure Assets with INR 307 Cr Buyout from Bain Capital

Real estate developer Lodha, formerly as Macrotech Developers, acquired Bain Capital's share in three joint digital infrastructure platforms for ₹307 crore to boost its logistics and industrial park revenue.

By Admin

  • 8th Nov 2024
  • 1163 Views
Excelerate 3.0 by NAREDCO Maharashtra NextGen - Exploring Innovation in Indian Construction and Real Estate

NAREDCO Maharashtra NextGen launches Excelerate 3.0 at Hotel Sahara Star, Mumbai, on November 14, 2024. The centrepiece event, "Innovation in Construction," will explore revolutionary solutions for today's building issues, including growing urbanisation and climate resilience.

By Admin

  • 7th Nov 2024
  • 1152 Views
5 Reasons Why JARDIN by Oberoi Realty at Oberoi Garden City Thane Is a Resounding Success

Oberoi Realty’s latest launch JARDIN at Oberoi Garden City Thane, has taken the real estate market by storm, recording Rs 1,348 crore in bookings within 3 days. This 75-acre, integrated luxury development on Pokhran Road No. 2 is set to redefine upscale living in Thane with world-class amenities.

By Admin

  • 7th Nov 2024
  • 1166 Views
Mumbai Real Estate Booms During Navratri 2024 - 13.2% YoY Growth in Registrations

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

By Admin

  • 19th Oct 2024
  • 1184 Views
MahaRERA Issues Warning - Over 300 Real Estate Projects Facing Insolvency

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.

By Admin

  • 14th Oct 2024
  • 1171 Views
Why the Disparity in MHADA Home Prices? Understanding the 2023 and 2024 Variations in Affordable Housing

The Maharashtra houses and Area Development Authority has long promised affordable houses. However, a recent decision has caused major changes in low-income property pricing between 2023 and 2024.

By Admin

  • 10th Oct 2024
  • 1177 Views
Why Are Global Investors Pouring Billions Into Indian Real Estate? A Deep Dive Into the Q3 2024 Investment Boom

In the September quarter, institutional inflows into India's real estate market showed high confidence from local and foreign investors. Colliers reported a 6.8-fold increase in office investments to $600 million in Q3 2024.

By Admin

  • 7th Oct 2024
  • 1217 Views
Mumbai's First Underground Metro Phase Set for Grand Inauguration by PM

Mumbai's first underground metro line is open after delays and controversy. This Saturday, Prime Minister Narendra Modi will open the 12.5 kilometre Aarey-BKC metro line's first phase. The new metro line would cut travel time from Aarey to BKC to 22.30 minutes, down from an hour.

By Admin

  • 6th Oct 2024
  • 1176 Views
Dharavi Redevelopment - Incentive FSI of 1.33 for Rental Housing Amid Legal Hurdles on Salt Pan Land

The state government is granting developers Floor Space Index to overcome legal issues regarding salt pan land availability in Dharavi's redevelopment. In return for building rental accommodation for ineligible Dharavi inhabitants, the saleable components of the project will get an FSI of 1.33.

By Admin

  • 6th Oct 2024
  • 1180 Views
The 3rd Edition of India's Favourite Homestay Awards at Taj Cidade de Goa Truly Reimagined Cultural Experiences

The third edition of India's Favourite Homestay Awards spotlighted the growing homestay business. At the Taj Cidade de Goa Horizon, celebrities chefs, designers, photographers, and entrepreneurs gathered.

By Admin

  • 29th Sep 2024
  • 1208 Views
212 Maharashtra Housing Projects Breach Regulations - Serious Concerns Raised by MahaRERA

Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.

By Admin

  • 29th Sep 2024
  • 1218 Views
Lodha Strengthens Digital Infrastructure Stake with INR 240 Crore Ivanhoe Buyout

Lodha Group, via Macrotech Developers, bought Ivanhoé Cambridge's share in three joint ventures for ₹239.56 crore. Lodha wants more control over its digital infrastructure investments to improve its annuity revenue.

By Admin

  • 20th Sep 2024
  • 1185 Views
Suzlon Sells Pune HQ at One Earth, Hadapsar for INR 440 Crore, Leases Back for 5 Years to Unlock Growth Capital

Known for its renewable energy solutions, Suzlon Energy sold its headquarters, One Earth, in Hadapsar, Pune, for ₹440 crore to monetise non-core assets and drive expansion. OE Business Park (OEBPPL), backed by 360 ONE Alternates Asset Management funds, bought the land.

By Admin

  • 11th Sep 2024
  • 1287 Views
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