News

Dilip Buildcon won a Rs 976 billion road contract in Jharkhand. The National Highways Authority of India has given the project a letter of acceptance (LoA) to develop a four-lane highway on the Mehgama-Hansdila section of NH-133 utilising the hybrid annuity model (HAM).

Amaryllis Towers, the most current offering from Nahar's Amrit Shakti, is ideal for those in search of a well-planned residential environment with smart home automation and handy amenities.

Since the capital markets regulation allowed REITs to employ commercial papers in 2022, K Raheja Corp's Mindspace Business Parks REIT is India's first to do so.

WeWork India CEO Karan Virwani predicts fourth-quarter sales of INR 1,500 crore and its most profitable and highest-grossing third quarter.

Horizon Industrial Parks in Chakan, Pune, funded by the Blackstone Group, has leased 410,000 square feet of custom-built manufacturing space to automotive businesses including Germany's Benteler Automotive and the Lumax-DK Jain Group's Lumax Auto Technologies.

In 2022, office buildings led the Indian real estate market in private equity investments.

Rustomjee Group's Keystone Realtors has partnered with Raj Doshi Exports to build a 1.5-acre property in the Mahim neighbourhood of Mumbai.

Saudi Arabia's PIF-backed Saudi Entertainment Ventures has awarded the Al Hamra project to Shapoorji Pallonji, one of the region's leading engineering, procurement, and construction firms (SEVEN).

Eon Group has received Rs 50 crore from IIFL Home Finance for its Mumbai township development, according to the company.

Oberoi Realty appointed Pankaj Gupta CEO, commercial real estate. Pankaj will help develop Oberoi Realty's commercial division strategy, which includes the International Business Park at Oberoi Garden City, Goregaon, Mumbai, which comprises Commerz, Commerz II, and Commerz III.

IndiQube leased 40,000 square feet of flexible office space to Facilio, an AI-driven property operations platform. IndiQube's main office building in Guindy, Chennai.

Mindspace Business Parks REIT has built a brand-new school for the children of Gambhiraopet, a village in the Telangana district of Sircilla.

Casagrand Aria, a luxury residential neighbourhood from South India's Casagrand, starts at Rs 25 Lakhs. The 4-acre Tambaram neighbourhood comprises 817 exquisite 1 & 2 BHK high-rise lifestyle apartments.

IBO, a business that builds and restores houses, opened its first store in Hyderabad, Telangana. The expansion supports the brand's goal of offering customers a value-priced omni-channel house building retail and home innovation experience.

November 2022 saw a 15 percent year-over-year increase in property registrations in Mumbai and a 22 percent year-over-year increase in government income collection.