General

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.

In 2026, the Tata Group will build two Taj resorts on Lakshadweep's Suheli and Kadmat islands. This development has garnered notice after Prime Minister Narendra Modi's visit and the Maldives conversation.

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.

An deal was reached to buy a 100% share in Goel Ganga Ventures India Private Limited (GGVIPL) by Lodha Group, a major Indian real estate developer. After this deal, Lodha Group will hold 100% of GGVIPL.

Godrej Properties Ltd. bought a 4-acre Bengaluru plot. The business aims to build a luxury housing estate on this property, selling apartments for Rs 1,000 crore.

Commercial purchases in Bengaluru fell 14.3% to 12.5 million square feet in 2023. Knight Frank India ascribed this decline to US inflation and a slowing technology industry, which drives Bengaluru's office space demand.

MIHAN-SEZ's land dispute with DLF escalates. The Multi Modal International Cargo Hub and Airport at Nagpur (MIHAN) Special Economic Zone (SEZ) in Maharashtra has asked Gurugram-based DLF to return 140 acres of land they received in 2007. This Nagpur IT Park site has been undeveloped for over 15 year

In nine months, DLF, India's top real estate developer, met its FY24 bookings estimate. On the heels of a successful 7,200 crore flat sale in their newest project, DLF Privana South in Gurugram's Sectors 76 and 77.

A prominent hospitality company sold a Bangalore boutique hotel via Colliers India. Colliers worked well with the Asset Reconstruction Company (ARC), Trustee, bank, buyer, and seller to complete this 150,000-square-foot transaction.

In Bengaluru's northern, eastern, and south-eastern sectors, villa demand has increased. Villa aficionados are flocking to these places due to a 30-40% surge in villa interest.