General

Prefabrication and precast technologies are changing the Indian real estate and construction industries. Larsen & Toubro and Tata Realty & Infrastructure are leading the way in speedier, more efficient, and greener construction. Modern building methods promise to transform the industry.

The Union Territory of Jammu and Kashmir has appointed Satish Chandra, the former chairman of the J&K Public Service Commission (J&K PSC), as the next head of the RERA.

India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.

The Indian real estate industry returned from the 2022 shock and maintained its record-breaking velocity into 2023, propelled by strong demand and supply. This article on Ghar tries to make sense of it all.

Vihang Group, a leading real estate developer, has launched four massive Thane projects. These projects cost above 850 crore rupees. They want to build around 5 million square feet of residential area in Thane micromarkets.

The Uttar Pradesh government plans to create a 1200-acre Greenfield Township with an investment of around ₹2,180 crore. This proposal is a model for pilgrimage cities. Prime Minister will likely launch the initiative shortly.

The Rural Electricity Corporation developed a massive residential complex in Gurugram, Haryana, improving staff welfare. This project shows REC's forward-thinking attitude to worker well-being by offering top-notch housing, health, and educational facilities.

Brigade Enterprises Ltd. signed two MoUs with the Tamil Nadu government on January 8. This bold plan involves an investment of over Rs 3,400 crore in the state over the next three to four years.

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.

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.

Tribeca Developers, the world's largest Trump-branded real estate developer, has partnered with Mumbai's Tejukaya Group. A 2.5-acre premium property lot in south-central Mumbai's Parel neighbourhood will be transformed into a luxurious residential sanctuary.

LogiMAT India 2024 will become India's leading logistics, material handling, storage, and supply chain showcase, transforming India's logistics ecosystem. LogiMAT India 2024, held at India Expo Mart in Delhi NCR from February 28 to March 1, 2024.

Indian

In a recent meeting, the Maharashtra state cabinet approved a significant legal reform to accelerate the rebuilding of ageing cooperative society structures. This move allows eviction of minority residents who block majority-approved redevelopment plans.

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.