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In 2023, Bengaluru-based real estate firm Puravankara Ltd intends to launch new projects comprising over 15 million square feet in Bengaluru, Chennai, Kochi, and Coimbatore, with a three-year revenue goal of Rs 18,000 crore.

For its cluster development initiative in Mumbai, the Maharashtra government has given a one-year premium waiver for real estate developers at the rate of 50 percent. The action will likely facilitate the revitalization of older buildings in the city.

A non-resident Indian (NRI) is permitted to invest in India so long as he or she complies with the Foreign Exchange Management Act of 1999 (FEMA).

The Indian division of U.S.-based Cognizant Technology Solutions has renewed two lease agreements for over 627,500 square feet of office space in the Hinjewadi Rajiv Gandhi IT Park in Pune.

Roche's India subsidiary has leased more than 200,000 square feet of office space from Brookfield Properties' commercial complex in Pune's Baner neighbourhood, according to sources with firsthand knowledge of the transaction.

After 13 rounds of bidding, Ahmedabad's Sankalp Recreation, Kolkata's Shri Ram Multicom, and Mumbai's Rare Asset Reconstruction Co are the sole bidders for Rajesh Life Spaces' bankrupt hotel property.

Indian residential markets favour 3 BHKs. The recent 3 bedroom home sales and registrations across India in various pockets strongly suggest the same.

According to a regulatory filing at the BSE, Oberoi Realty of Mumbai has purchased 6.4 acres of land from NRB Bearings Limited (NRB) in Thane's Pokhran Road.

Shriram Properties Limited (SPL) of Bengaluru has acquired development rights for 1.9 million square feet for a residential project in Chennai from Garden City Developers in a transaction valued at approximately Rs 185 crore.

By the end of 2023 - Tata Realty and Infrastructure intends to release 5 msf of office space in Bengaluru, with an expenditure of Rs 4,000 crore. This would include two IT parks.

Oberoi Realty is in discussions with Marriott and Hyatt about taking over management and operations of the hotel.

According to GROHE-HURUN India, DLF Chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a net worth of INR 59,030 crore.

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.

Lonavala, a tranquil hill station in the Sahyadri Mountains of Maharashtra, has won the affections of many with its enchanting landscapes, verdant vegetation, and agreeable climate.

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