May 2024

Bengaluru-based real estate developer Shriram Properties Limited has signed a Joint Development Agreement (JDA) for development of a 4-acre housing project in Yelahanka, Bengaluru, with an estimated revenue potential of ₹250 crore, the company said in a regulatory filing on May 21. Bengaluru-based real estate developer Shriram Properties Limited has signed a JDA for development of a 4-acre...

The Noida authority allotted land to at least 149 projects, including IT, corporate houses. MNCs and housing, to bring in an investment of ₹103,000 crore in financial year 2023-24, said a report sent to the state government recently. In last one year, 448 investors have signed memorandums of understanding with the state government, which refers these proposals to the respective industrial...

(Bloomberg) -- China’s latest housing initiative is aimed at vacant properties, a major pain point in a crisis that’s dragged on for almost three years. But analysts say the package of measures is still too small to end the rout. China’s latest housing initiative is aimed at vacant properties but analysts say the package of measures is still too small to end the rout.(Bloomberg) The...

The Yamuna Expressway industrial development authority (Yeida) has conducted an inspection of the Jaypee Sports City project site for a status update of the current condition of this realty project, the authority has revealed. The move followed the Allahabad high court’s directions to Yeida to check the current status and submit a report about it so that the court could decide the case...

In his 2016 book The Great Derangement, author Amitav Ghosh issued a dire warning: “The thousands of billboards that encrust Mumbai” would turn into “deadly projectiles” in the event of a major storm. Such a scenario may have seemed improbable to many. Yet nearly a decade on, disaster struck on May 13 this year, when a colossus 120x120 foot advertising hoarding came crashing down during a...

Managed workspace platforms, Smartworks, has announced the expansion of its Pune portfolio and has added over 6 lakh sq. ft of prime office space, bringing its footprint in the city to over 3 million sq. ft, the company said in a statement. Smartworks, has announced the expansion of its Pune portfolio and has added over 6 lakh sq. ft of prime office space The company has leased the space for...

Certus Capital, an institutional real estate investment firm, will be investing ₹125 crore in an upcoming residential project in Chennai undertaken by real estate developer Casagrand through secure bonds platform Earnnest.me, the company said on May 17. Certus Capital, an institutional real estate investment firm, will be investing ₹125 crore in an upcoming residential project in Chennai...

Promoters of Kiran Gems have bought an around 16,000 sq ft sea-facing apartment in the luxury project Oberoi 360 West in Mumbai for ₹97.4 crore, documents accessed by Zapkey showed. Promoters of Kiran Gems have bought an around 16,000 sq ft sea-facing apartment in the luxury project Oberoi 360 West in Mumbai for ₹97.4 crore, documents accessed by Zapkey showed. Mavjibhai Shamjibhai Patel,...

Mumbai: The state housing regulator MahaRERA has framed minimum physical specifications for retirement homes and senior citizen housing projects, also known as old-age homes. The state housing regulator MahaRERA has framed minimum physical specifications for retirement homes and senior citizen housing projects, also known as old-age homes. (HT PHOTO) The new regulations will be applicable...

Strata, India’s commercial real estate (CRE) investment platform, has filed an application for the SM REITs license under the latest regulations issued by Securities and Exchanges Board of India (SEBI). Strata will also initiate the migration of its eligible assets to SM REITs, as it aims to achieve a total assets under management (AUM) of ₹2000 crore by the end of FY25, the company said in a...