July 2024

Bengaluru-headquartered real estate major Puravankara Ltd on July 31 reported flat sales bookings of ₹1,128 crore for the April-June quarter of financial year 2024-25. In a regulatory filing, the company blamed deferment of planned launches to the second quarter of the fiscal for the tepid result. Puravankara Limited reports flat sales bookings of ₹1,128 crore in Q1 FY25 (Representational...

Listed real estate company Godrej Properties Limited (GPL) on July 31 reported a consolidated net profit of ₹520 crore in the first quarter of this fiscal year and clocked a 316% increase from ₹124 crore in the same period during last year. Godrej Properties Limited (GPL) on July 31 reported a consolidated net profit of ₹520 crore in the first quarter of this fiscal year and clocked a...

Jul 31, 2024 10:48 PM IST Shivakumar meets Khattar; discusses issues related to the state such as traffic decongestion and extension of the Bengaluru suburban rail project Karnataka Deputy Chief Minister DK Shivakumar called on Union Minister of Housing and Urban Affairs Manohar Lal Khattar, during his visit to New Delhi on July 31 and discussed several issues related to the state such as...

There was a 21% increase in the total data centre stock across the country in the first half of the year. Mumbai led the way with a substantial 54.9% share of the total capacity, followed by Chennai (12.3%), Bengaluru (8.2%) and Pune (7.2%), a report by Savills has said. India saw a 21% growth in total data centre stock during the first half of 2024, report says (Representational...

Cricketer Shreyas Iyer has joined the list of sportspersons who have bought income-yielding commercial properties in Mumbai. In the latest deal, Iyer has purchased a property in the Worli area for ₹2.9 crore, documents accessed by Propstack showed. Kolkata Knight Riders' captain Shreyas Iyer has bought a commercial property in Mumbai's Worli area for ₹2.9 crore(IPL-X) The sale deed was...

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it mandatory for real estate developers to mention the exact date by which facilities and amenities will be made available to homebuyers along with the expected date of obtaining the occupation certificate (OC). Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it mandatory for real estate developers to mention...

New Delhi, Jul 31 (PTI) Realty firm Omaxe will consider challenging market regulator Sebi's order that barred the company, its Chairman Rohtas Goel, Managing Director Mohit Goel and three others from the securities market for two years for misrepresentation in the company's financial statements. Omaxe will consider challenging market regulator Sebi's order that barred the company, its Chairman...

Property registrations in the Mumbai real estate market grew by more than 16% to touch 12,160 in July 2024 from 10,221 a year earlier, according to the data shared by the Inspector General of Registration and Controller of Stamps of Maharashtra. In June 2024, a total of 11,673 property registrations were reported in the Mumbai real estate market. Property registrations in the Mumbai real estate...

Popular real estate influencer-cum-consultant Rafiq Merchant took to Instagram on July 9, 2024, blaming actress and Bigg Boss contestant Divya Agarwal for allegedly withholding his one per cent brokerage fee of ₹2.39 lakh due to him for the sale of her apartment worth ₹2.39 crore in Lodha Bel Air, Jogeshwari West. Brokers’ fees have been denied by clients that include large listed...

Godrej Properties Ltd has announced that it has acquired around 46-acre land parcel in Indore. The development on this land will primarily comprise plotted residential units and will offer an estimated saleable area of around 1.16 million square feet, the company said in a regulatory filing on July 31. Godrej Properties Ltd has announced that it has acquired around 46-acre land parcel in...