May 2024

Share of luxury homes’ sales now almost at par with affordable housing units

Share of luxury homes’ sales now almost at par with affordable housing units

The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing has seen a sharp decline, dropping to 20% from 37% in the same period, data shared by Anarock has shown. The share of luxury housing sales has jumped to 21% from a mere 7% five years ago but affordable housing has seen a sharp decline(Unsplash) Of the approximately 1.30 lakh housing units...

Avenue Supermarts Ltd buys 52,000 sq ft land parcel in Mumbai for ₹117 crore

Avenue Supermarts Ltd buys 52,000 sq ft land parcel in Mumbai for ₹117 crore

Avenue Supermarts Ltd, the parent company of D’Mart supermarket chain, has purchased a 52,000 sq ft land parcel in Chandivali, Andheri East in Mumbai for ₹117 crore, documents accessed by CREMatrix showed. Avenue Supermarts Ltd, the parent company of D’Mart supermarket chain, has purchased a 52,000 sq ft. land parcel in Chandivali, Andheri East in Mumbai for ₹117 crore (Photo...

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