News

Real Estate Behemoth DLF begins building on a luxury home development in Gurugram with a projected revenue potential of Rs 7,500 crore.

K Raheja Corp Homes, the development arm of real estate developer K Raheja, will build a 1 million-square-foot luxury home complex on a 3-acre premium plot in Mahalaxmi, South Mumbai.

The Vasavi Group has introduced Ananda Nilayam, a new gated community development in Hyderabad.

Bharat Realty Venture, one of Mumbai's most notable real estate development firms, has recently bought two major societies for redevelopment in the western districts of Andheri west and Vile Parle west.

23 Luxury Apartments in Worli Bought by Family and Friends of Damani of DMart for Around INR 1200 Crore

India's luxury real estate sector had a surge of high-priced transactions in 2022. Many of these luxury real estate transactions included the reinvestment of capital gains in order to avoid paying the Capital Gains Tax.

TVS Motor Company paid INR 65 crore for a residential property in Bengaluru, making it the most expensive residential property transaction in Bengaluru.

Several significant developments in the union budget for 2023 directly or indirectly affect the Indian real estate and infrastructure industries.

IT services company Persistent Systems has rented almost 2000 seats from Smartworks, a supplier of flexible office spaces as per news from the Indian co-working sector.

Amazon Development Center (India), Amazon's software and support services division, has leased 200,000 square feet of office space in Pune's Gera Commerzone IT SEZ near Kharadi.

According to Delhi real estate market reports, several developers are avoiding registering their projects with the Real Estate Regulatory Authority (RERA) despite the necessity to do so whenever the developed area surpasses 500 square mtrs, regardless of the number of flats constructed on the plot.

Nalin Gupta, the managing director of the Civil Engineering firm J Kumar Infraprojects Ltd, has acquired two neighbouring homes in the exclusive Mumbai neighbourhood of Juhu for a total of INR 50 crore.

A tribunal for property-related appeals in Mumbai has upheld Maharashtra's real-estate authority's 2019 decree requiring property-listing websites to register as agents with the state regulator.

Bangalore based TriVeda Capital, a Sebi-registered Alternative Investment Fund (AIF), intends to fund INR 7200 Cr to invest in regional development projects.

Amway Global's chief executive officer, Milind Pant has sold an apartment at The Magnolias in Gurgaon for 18.9 crore, according to records obtained by the real estate data analytics company CRE Matrix.