News

This week, the Mhada Mumbai Board will begin collecting applications for its impending lottery for 4,083 apartments and tenements. The application deadline is June 26, 2023, and the draw is scheduled for July 18, 2023.

The Adani Group is investigating the possibility of monetising portions of its real estate holdings that have been identified as non-core to its operations, according to two individuals with direct knowledge of the situation

As per news sources, Singapore's sovereign wealth fund GIC is evaluating a 1.5 trillion rupee (INR) investment in IRB Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by the construction company IRB Infrastructure Developers.

Brookfield India Real Estate Investment Trust (REIT) and Singapore's sovereign wealth fund GIC have formed an equal partnership to acquire two large commercial properties totaling 6.5 million square feet from Brookfield Asset Management's private real estate funds.

Amazon Development Centre India has renewed its lease for a Chennai office facility of approximately 50,000 square feet.

Trident Group of Delhi has acquired Shipra Mall in Indirapuram, Ghaziabad, NCR from Indiabulls Housing Finance Ltd and Edelweiss Asset Reconstruction Company Ltd for Rs. 551 Crores.

In FY23, the demand for coworking spaces surpassed all previous records, with India's IT hubs leading the pack. Latest real estate data shows that leasing of "flex-seats" has increased by 20%, with the biggest activity occurring in Bengaluru, Hyderabad, and Pune.

Godrej Properties, a major player in the Indian real estate market, plans to buy a number of plots of land this fiscal year

The real estate industry in India seems to be prospering despite increasing house prices and mortgage interest rates, according to recent statistics.

According to MD Mohit Arora, real estate developer Supertech is seeking 1,200-1,600 crore from Oak Tree Financial to complete its stalled projects.

American Investment Company BNY Mellon Contemplating To Lease 1 Million SqFt in Kharadi, Pune

MQDC, a Thai Real Estate Development Company, Leases 45000 sqft in Gurugram to Establish a Coworking Space

Zapkey Technologies, a Mumbai-based Proptech business, has secured a pre-Series A fundraising round headed by DSP Group Family Office and included participation from Gruhas Proptech and DLF Family Office.

The Uttarakhand cabinet approved the finance department's proposal to increase circle rates in all areas of the state with the exception of a few.

Foxconn has acquired 300 acres in Devanahalli, North East Bengaluru for Rs 300 crore through its subsidiary Foxconn Hon Hai Technology India Mega Development, according to a recent filing with the London Stock Exchange (LSE).