March 2024

DLF, Chennai Green Woods Private Ltd lead list of realty firms that donated over ₹1000 crore through electoral bonds

DLF, Chennai Green Woods Private Ltd lead list of realty firms that donated over ₹1000 crore through electoral bonds

Over 40 real estate firms contributed more than ₹1000 crore to political parties through electoral bonds between 2019 and 2024, as per data released by the Election Commission that released SBI’s list of entities that had purchased electoral bonds for making political donations. Electoral Bonds: The Election Commission of India released the details on Thursday. As per the list, over 40 real...

Real estate sector will contribute 15% to the GDP and will reach a market size of  trillion by 2030: Puri

Real estate sector will contribute 15% to the GDP and will reach a market size of $1 trillion by 2030: Puri

Housing and Urban Affairs Minister Hardeep Singh Puri said on March 15 that the real estate sector is expected to contribute 15% to the GDP and will touch a market size of $1 trillion by 2030. He also said that a highly matured and developed real estate sector with an estimated market size of $1 trillion by 2030 is needed to achieve the vision of a developed India by 2047. Housing and Urban...

BHIVE coworking leases commercial space from Adani Realty for ₹1.39 crore a month

BHIVE coworking leases commercial space from Adani Realty for ₹1.39 crore a month

Tusker Workspace Pvt Ltd that operates BHIVE coworking workspaces, has leased seven commercial units spread across an area of more than 62,000 sq ft in a office complex by Adani Realty in Bandra Kurla Complex in Mumbai at a license fee of ₹1.39 crore per month for a period of five years, documents accessed by Propstack showed. BHIVE coworking workspaces, has leased seven commercial units...

MICL working on development agreement of Aamir Khan’s housing society in Mumbai

MICL working on development agreement of Aamir Khan’s housing society in Mumbai

Man Infraconstruction Limited (MICL), a listed developer, that had announced that it will redevelop a housing society in Pali Hill area in Mumbai, where actor Aamir Khan resides, said on March 14 that it is working on the development agreement and will be ready with the final plan soon. Man Infraconstruction Limited (MICL), that had announced that it will redevelop a housing society in Pali...

NeoLiv raises ₹300 cr in first close of maiden AIF for housing projects

NeoLiv raises ₹300 cr in first close of maiden AIF for housing projects

Residential real estate platform Neoliv said on March 14 that it has raised more than ₹300 crore in the first close of its maiden Alternate Investment Fund and that the funds will be deployed to develop middle-income residential properties in Mumbai MMR, Delhi NCR, and plotted opportunities in Tier 2 cities. Neoliv has raised more than ₹300 crore in the first close of its maiden Alternate...

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