January 2024

EaseMyTrip co-founder buys property in Gurgaon worth ₹100 crore

EaseMyTrip co-founder buys property in Gurgaon worth ₹100 crore

Co-founder of a travel and tourism platform EaseMyTrip, Rikant Pitti, has purchased a commercial property in Gurgaon for ₹99.34 crore, documents accessed by CRE Matrix, a real estate data analytics firm showed.' Co-founder of a travel and tourism platform EaseMyTrip, Rikant Pitti, has purchased a commercial property in Gurgaon for ₹99.34 crore,(Source: X) The buyer has paid a stamp duty...

Tokyo apartment prices reach record for third straight year

Tokyo apartment prices reach record for third straight year

Tokyo new condo prices jumped to a record for the third straight year in 2023, driven by low supply and rising building costs. Tokyo new condo prices jumped to a record for the third straight year in 2023, driven by low supply and rising building costs.(Pixabay) The average price of a new apartment for sale in the Japanese capital and surrounding areas surged 29% to a fresh high of 81 million...

Good news for homebuyers! Five realtors in Noida pay their land dues

Good news for homebuyers! Five realtors in Noida pay their land dues

In a move that could bring relief to homebuyers, at least five real estate developers have paid a portion of their land dues and obtained permission for executing registries of 1084 apartments in Noida, officials in the authority in the know of the matter said. In a move that could bring relief to homebuyers, at least five real estate developers have paid a portion of their land dues and...

Forbes Global Properties forays into Indian real estate market

Forbes Global Properties forays into Indian real estate market

US-based Forbes Global Properties on January 25 announced its foray into the Indian real estate market to offer brokerage services for luxury homes. It is also planning to develop two projects covering 10 million square feet in Mumbai and Delhi in association with landowners. It is also exploring opportunities to develop a residential project in Goa spread across 10 lakh sq ft. US-based Forbes...

DLF Q3 profit increases by 27% to ₹656 crore

DLF Q3 profit increases by 27% to ₹656 crore

Real estate major DLF Ltd on January 24 reported an almost 27% increase in its consolidated net profit that stood at ₹655.71 crore in the December quarter on the back of sustained housing demand. Real estate major DLF Ltd on January 24 reported a 26.5% increase in its consolidated net profit that stood at ₹655.17 crore on the back of sustained housing demand. Its net profit stood at...

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