July 2024

Pune-based fractional ownership platform (FoP) RealX on July 13 announced that it had assisted investors close a 3,500 sq yard land deal in Ayodhya for ₹10.40 crore. Pune-based fractional ownership platform (FoP) RealX on July 13 announced that it had assisted investors close a 3,500 sq yard land deal in Ayodhya. (Representational photo)(PTI ) RealX said it had closed its Ayodhya...

Real estate developers' focus on the premium housing segment priced between ₹3-5 crore led to launches growing by around 170% year-on-year (Y-O-Y), luxury segment priced above ₹5 crore followed with 116% growth. Mumbai and Hyderabad led the half yearly launches, collectively contributing around 43% of the overall launches, a report by JLL showed. Real estate developers' focus on the premium...

Bengaluru-based real estate developer Puravankara Ltd reported flat sales bookings of ₹1,128 crore during the April-June period of the financial year 2024-25, the company said in a regulatory filing. Puravankara Ltd reports flat sales bookings of ₹1,128 crore in Q1 FY25 (Representational photo)(Pixabay) The company said it achieved quarterly sales value of ₹1,128 crore for Q1...

Bengaluru-based real estate major Brigade Group has launched a residential tower ‘Cobalt’ at its 50-acre township, Brigade El Dorado, located in the city’s KIADB Aerospace Park. The company expects a revenue of over ₹400 crore from the 6.1 million square feet project, it said in a regulatory filing. Brigade Group has launched a new housing tower comprising 948 single-bedroom apartments...

Lloyds Group chairman Mukesh Gupta’s wife Abha Gupta and son Shreekrishna Gupta have purchased a triplex worth ₹107 crore in Worli, Mumbai, according to the property registration documents accessed by Zapkey. Lloyds Group chairman Mukesh Gupta’s wife Abha Gupta and son Shreekrishna Gupta have purchased a triplex worth ₹107 crore in Worli, Mumbai. (Representational photo)(Abhijit...

Bandra Kurla Complex (BKC), where the wedding of Anant Ambani and Radhika Merchant is taking place on July 12, is the country’s costliest commercial real estate district. Bandra Kurla Complex (BKC) where the wedding of Anant Ambani and Radhika Merchant is taking place on July 12 is also the country’s costliest commercial real estate district. (Picture for representational purpose)(MMRDA...

The Noida and Greater Noida authorities have decided to discuss and decide on the proposal of the realty firm Supertech Limited, which had sought permission for executing registries of ready apartments, citing the grievances of the thousands of homebuyers, who have been waiting for more than a decade to get their dream homes in the twin cities of Noida and Greater Noida, officials aware of the...

Jul 12, 2024 09:02 AM IST Anant Ambani, Radhika Merchant wedding will be held at Jio World Convention Centre in Bandra Kurla Complex (BKC), Mumbai. Several companies in Mumbai's Bandra Kurla Complex (BKC) have asked their employees to work remotely from July 12 to July 15 due to the traffic restrictions in the area for Anant Ambani and Radhika Merchant's wedding. Jio World Plaza on...

Mumbai saw sales of luxury homes, priced ₹10 crore and above, touch ₹12,300 crore during the January to June period which was an 8% increase over the first half of the 2023 calendar year, according to a report by India Sotheby's International Realty and CRE Matrix. Mumbai’s luxury housing sales grew 8% in H1 2024 to touch ₹12,300 crore (Representational photo)(Pexels) Sales of luxury...

Bengaluru-based real estate firm Prestige Estates reported a 23% decline in sales to ₹3029.5 crore during the April to June quarter of the financial year 2024-2025 owing to delay in new project launches, the company said in a regulatory filing on July 11. Prestige Estates Q1 sale bookings fall 23% to ₹3,029 crore(PTI) The company’s sale bookings were at ₹3,914.7 crore in the year-ago...