News

A bankruptcy court has authorized Suraksha Realty's purchase of Jaypee Infratech, rejecting three appeals against the INR 7,936-crore resolution proposal and resurrecting the hopes of 20,000 home buyers who had been waiting over a decade for their promised flats.

GV Krishna Reddy, the founder and head of the infrastructure firm GVK Group, has sold two residential homes in Hyderabad for around INR 73.81 crore.

Naiknavare Developers and Profile Developers Launch Last 100 units of Avon Vista in Balewadi Pune

Mindspace Business Parks REIT has been designated a Great Place To Work for the second year running.

Emerald Haven Properties (TVS Emerald) has acquired around three acres of land for the building of an apartment housing project in Rachenahalli, a growing area in northern Bengaluru.

The Runwal Group has created the "Great Runwal Home Fest" to coincide with the Gudi Padwa festivities. Homebuyers may take advantage of lucrative spot perks, guaranteed gold vouchers, and flexible payment options.

Noida Based Max Estates has announced intentions to spend INR 3,400 crore over the next three years in the construction of two residential and two commercial projects in Noida and Gurugram.

Embassy office parks REIT has dedicated over Rs 300 crores to its ESG program throughout its pan-India portfolio of 43.6 million square feet.

Sanjay Dutt, the chief executive officer of Tata Realty and Infrastructure Ltd, recently remarked that the high cost of land, money, and construction, as well as other economic concerns, make Indian real estate projects unprofitable.

SWAMIH - Affordable Housing Fund Seeks to Complete 81,000 Homes Within 3 Years

Pfizer sold Vidhi Research & Development LLP its rights to a 54-acre land block and its facility in the Trans Thane Creek industrial Area (TTCIA) in Mumbai for over INR 207 crore, including differential premium to the Maharashtra Industrial Development Corporation (MIDC).

CEO Gagan Banga emphasises investor base expansion and the consolidation of seven companies into the home finance company.

Pragati Group, an industrial and logistics real estate developer located in the National Capital Region (NCR), has secured $200 million from a Singapore-based private equity firm for the development of industrial and logistics real estate assets.

Despite a rise in interest rates and property prices, stamp duty collection in February for the country's biggest and most costly real estate market, Mumbai, reached a record high. The record collection was driven by premium and middle-income housing categories.

Reliance Industries Ltd. (RIL), which is managed by the Indian business magnate Mukesh Ambani, has joined the commercial real estate market in India. This highly significant into the Indian commercial real estate space was verified by RIL in a regulatory filing.