News

Nestasia officially launches its first Bangalore shop. Nestasia's second brick-and-mortar shop in India, this 680 sq. ft. boutique in Bellandur, is a milestone.

By 2027, the Indian construction market is anticipated to have grown at a CAGR of 17.26%, from 2022 to 2027, and reach $1.42 trillion.

Bandhan Bank's request of bids for its INR 775-crore portfolio of problematic affordable housing loans may indicate lower-income hardship, according to sources.

Bhumika Group, a major New Delhi retail real estate developer, received the Letter of Acceptance (LOA) for the NHPC Metro station project from the Delhi Metro Rail Corporation (DMRC) to enter the metro mall sector.

The first Dholera SIR real estate site sale was a major milestone for Dholera Industrial City Development. Gap Associates, BMS Projects, and SUN Realty Partnership cooperated to win. First new industrial smart city in India to get platinum is DICDL.

Leisure Hotels Group (LHG), the biggest resort company in Uttarakhand and recognised for its immersive resorts in North India, has signed a new "Bedzzz" hotel in Goa, a major Indian vacation destination. LHG's third Bedzzz hotel in India follows successful debuts in Varanasi and Rishikesh.

Planet Smart City's flagship 'Universe' project in Hinjewadi's Life Republic township is practically sold out. With over 88% of residential and 91% of commercial units sold, Kolte-Patil Developers (KPDL) helped achieve this achievement.

Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.

Titania Industrial Development bought a 13.26-acre tract in Pune's Maan neighbourhood for Rs 134 crore from Tata AutoComp Systems.

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.

Ganga Realty, a famous Gurugram real estate business, has launched Nandaka 84 in Sector 84. This ultra-luxury residential project, worth over INR 1000 crore, is ideally positioned near Dwarka Expressway/Northern Peripheral Road.

In a cabinet meeting on November 23, Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis announced the Maharashtra Mudrank Shulk Abhay Yojana 2023, a stamp duty amnesty programme.

Saya Group will complete a Rs 4,000 crore project in three years. In Indirapuram, 2.33 million square feet of commercial space worth Rs 2500 crore is being built, while Rs 1500 crore is being spent on ultra-luxurious residential complexes.

Fortune Hotels, part of ITC's hotel company, opened Fortune Park Tiruppur in Tamil Nadu's ancient city. Fortune Hotels' South India expansion is boosted by the hotel's location in India's textile and knitwear heartland.

The second CREDAI-MCHI Golden Pillar Awards will honour and commemorate real estate's greatest accomplishments. These awards, which honour innovation, creativity, and quality, are important in real estate.