News

Puravankara reported that its sales for the first quarter of FY24 more than doubled to Rs 1,126 crore from Rs 513 crore a year earlier in a July 2023 regulatory filing.

CBRE South Asia Pvt. Ltd., a real estate consulting firm, has announced the introduction of a new integrated, data- and technology-driven solution platform, Development Solutions, as part of its Project Management (PJM) business division.

BCD Group, a prominent player in the Indian construction and design industry, surpassed Rs 1,000 crore worth of projects in Bengaluru during the first quarter of FY24

Macrotech and Havemore Sign Contract for Mixed-Use Real Estate Developments in Gundavali, Andheri East

Hero Realty plans to launch 4 million square feet of real estate initiatives this fiscal year with a revenue potential of 3,500 crore, according to industry reports.

Greater Mumbai (area under BMC jurisdiction) registered 9,729 property registrations in June 2023, generating Rs 804 crore in revenue for the state government.

Sundaram Alternates Assets, a part of the Sundaram Group, will raise up to 1,500 crore for its fourth real estate private credit fund, the Private Credit High Yield Real Estate Fund IV (RE Credit Fund IV), which will concentrate on growth and unique situations.

The Maharashtra State Road Development Corporation (MSRDC) has won the proposal for the Virar-Alibaug multimodal corridor (VAMMC) in Mumbai, which is a significant development for transit connectivity in the Mumbai Metropolitan Region (MMR).

K Raheja Corp Homes, the residential development branch of real estate giant K Raheja Corp, has agreed to establish Cinevista's studio on a roughly 4-acre land plot in Mumbai's KanjurMarg district.

The Executive Centre (TEC), a flexible workspace provider based in Hong Kong, has invested 100 crore in the first half of 2023 to lease approximately 200,000 square feet of space in eight centres.

Lulu Group, an Indian Emirati multinational conglomerate, plans to invest over Rs 10,000 crore in active projects throughout India over the next three years, generating over 50,000 employment.

Profound Infra has stated that they would be building a high-rise residential complex in Bowrampet, Medchal-Malkajgiri, Hyderabad, Telangana, under the name "Profound Vanam."

In the Talegaon neighbourhood of Pune, Ashiana Housing has announced plans to invest more than Rs 275 crore in a senior living project.

All essential permissions will be given within three months using a single-window certification system, and these projects will be completed by self-regulation procedures.

West Bengal Housing 'Infrastructure Development Corporation and Godrej Properties have agreed to buy a 7.44-acre land lot in Kolkata's New Alipore.