Articles

India's real estate sector would benefit from the Finance Budget 2024's emphasis on affordable housing, infrastructure, and urban planning. The reasons are given by Ghar.

India's Budget 2024-25 prioritises affordable housing, urban development, and tax reforms to strengthen the real estate sector. Ghar outlines 6 homebuyer highlights.

Nearly half of the ownership in Bengaluru-based real estate developer Sobha was sold in block agreements for around ₹857.70 crore by a company owned by the Godrej Industries Group family office.

WeWork India has extended its five-floor, 1.4 lakh-square-foot lease at Goregaon East's Nesco IT Park. It would cost about ₹152 crore over five years for this strategic move.

Mumbai: Starting October 1, 2024, a 1% TDS will be applied on the purchase price or stamp duty value (whichever is higher) of immovable property worth over INR 50 lakhs, even with multiple purchasers or sellers, per Budget 2024.

DLF reported a 23% year-on-year growth in net profit to ₹646 crore in Q1FY25. Outstanding growth was fuelled by ₹6,404 crore in sales bookings, a 214% rise from the previous year. The company's consolidated revenue increased 14% year-over-year to ₹1,730 crore.

WeWork India leased 140,000 square feet of office space in Bengaluru and Noida to accommodate flexible workspace demand. Their portfolio will grow by 2,400 seats with these additional offices opening between September and October.

Apco Infratech bought a lavish sea-view triplex apartment at The Legend by Ashar on Pali Hill, Bandra, Mumbai, for ₹155 crore. The 9,527 sq ft house, bought at ₹162,000 per sq ft, is among India's most expensive residential purchases.

In Budget 2024, India allocates heavily on housing, infrastructure, and livelihood initiatives to boost rural and urban growth. Government strategies promote inclusive growth and economic stability, benefiting millions across. Find Ghar.tv budget analysis.

As Bengaluru real estate costs rise, more inhabitants are moving to Mysuru. With low housing costs and great quality of life, the heritage city is an intriguing choice. Ghar gives 10 reasons why Mysuru real estate investment is popular.

The Indian real estate sector thinks Budget 2024 will boost development and make housing more accessible. Ghar offers 6 budget 2024 real estate predictions for India.

ASK Property Fund, the real estate private equity division of the Blackstone-backed ASK Asset & Wealth Management Group, has committed ₹190 crore to Kalpataru’s upper mid-income housing project in Borivali, a prominent Mumbai suburb.

After strong increase in the previous two fiscal years, construction equipment sales were unchanged in the first quarter. Road building project awards slowed and elections lowered demand, causing this stalemate.

JSW Infrastructure has acquired office space in Navi Mumbai's Nerul from L&T Realty for ₹88 crore, an important move in the commercial real estate sector.

Canadian investment giant Brookfield Asset Management will pay $550 million (INR 4,594 crore) to purchase a majority interest in Tamil Nadu-based renewable energy platform Leap Green Energy. Commercial and industrial (C&I) users use this platform for renewable energy solutions.