January 2024

Ajmera Luxe Realty Private Limited, a joint venture between Ajmera Realty & Infra India Limited (ARIIL) and Keystone Realtors Limited will execute a redevelopment project in Bandra West, Mumbai. Both companies will hold a 50% stake in the project, which is expected to generate a Gross Development Value (GDV) of ₹760 crores, the companies said in a statement. Ajmera Luxe Realty Private...

Purva Land, the plotted development arm of listed real estate developer Puravankara Limited, has launched a new wellness themed plotted development spread across 50 acres in Guduvanchery, Chennai, the company said on January 18. Purva Land, the plotted development arm of listed real estate developer Puravankara Limited, has launched a new wellness themed plotted development spread across 50...

The land acquisition spree of financially strong developers and entities continues and as many as 97 separate land deals were closed for over 2707 acres closed in 2023 across the country. Backed by strong residential sales momentum across cities, at least 72% of the total land area closed in 2023 is slated to be used for residential development, data shared by Anarock Research showed. HT Image...

SKYMET predicts India is likely to experience average monsoon conditions in 2024| Commodities corner In the "Preliminary Monsoon Forecast Guidance for 2024," Skymet foresees the approaching monsoon as being categorized as 'normal.' This year is likely to be one of those characterized by a robust commencement,...

The share of green office leasing in India has touched 16 percent in 2022-2023 with global office occupiers, especially Global Capabilities Centres, and institutional landlords being at the forefront of sustainable practices. The number is expected to touch 20% in the next one year, a JLL – CRE Matrix report said on January 18. The share of green leasing in India has touched 16 percent in...

As many as 71% rich Indians want to invest in real estate in the next 12-24 months, indicating that there is significant confidence in the property market. Capital appreciation has overtaken lifestyle upgrade as the primary motivation for real estate investment, signaling the return of investors to the market, said the annual Luxury Outlook Survey 2024 conducted by India Sotheby’s International...

Bank Nifty tumbled more than 4 percent, recording its biggest fall since February 2022 with all the 12 index stocks closing in the red Source link...

SKYMET predicts India is likely to experience average monsoon conditions in 2024| Commodities corner In the "Preliminary Monsoon Forecast Guidance for 2024," Skymet foresees the approaching monsoon as being categorized as 'normal.' This year is likely to be one of those characterized by a robust commencement,...

Apple has expanded its footprint in India with a new 15-storey office in the heart of Bengaluru that will house up to 1200 employees. Apple's new office in Bengaluru is the latest addition to the company’s corporate office footprint in Bengaluru, Mumbai, Hyderabad, and Gurugram. The company currently has nearly 3,000 employees in India. Apple’s work with Indian suppliers of all sizes...

SKYMET predicts India is likely to experience average monsoon conditions in 2024| Commodities corner In the "Preliminary Monsoon Forecast Guidance for 2024," Skymet foresees the approaching monsoon as being categorized as 'normal.' This year is likely to be one of those characterized by a robust commencement,...