July 2024

The Noida authority plan to generate ₹3,750 crore by selling 5.5 lakh square metres of land in the financial year 2024-25, it announced. The land sales will span various categories, including industrial, commercial, residential plots, group housings, and institutions. The authority will launch multiple schemes to allot the land via e-auctions to achieve this target. The City Centre land in...

Online property search portal NoBroker has observed a 23% increase in the number of homebuyers aged between 25-35 years on the platform, the proptech unicorn said in its half-yearly report. Those under 45 years of age constituted 57% of the total buyers on the property portal, it added. Millennials constitute the largest homebuyer group on NoBroker, the proptech unicorn said in its half-yearly...

New Delhi, Jul 26 (PTI) Realty major DLF has maintained sales bookings guidance of ₹17,000 crore with likely upside for this fiscal and said it has receivables of around ₹21,000 crore from customers compared to residual construction expenses of about ₹11,000 crore on ongoing projects. DLF retains FY25 sales bookings target at ₹17K cr; receivables from customers at ₹21k cr...

After Amitabh Bachchan and Kriti Sanon, model and actor Kushal Tandon has purchased a 2,000 sq ft plot in Alibaug, a second home destination near Mumbai. He has purchased the land parcel in the Sol de Alibaug project by The House of Abhinandan Lodha (HoABL) for ₹2 crore, the company said. Model and actor Kushal Tandon has purchased a 2,000 sq ft plot in Alibaug, a second home destination near...

Real estate company M3M India, that is developing many housing and commercial projects in Delhi-NCR, has appointed Stuart McConnachie as Chief Construction Controller. M3M India appoints Stuart McConnachie as chief construction controller McConnachie has a wide range of experience in construction management, project oversight, quality control, and safety regulations, making them...

Jul 26, 2024 06:13 PM IST Godrej Properties said in a regulatory filing that Chandigarh has revoked the building plans and OC of a commercial project and that it will challenge the order Godrej Properties has said in a regulatory filing that the government of Union Territory of Chandigarh has revoked the building plans and occupation certificate of a commercial project in the city for...

Bengaluru accounts for the highest office space absorption by global capability centers (GCCs) in India at 4.3 million square feet, according to a Knight Frank India - 3AI report released on July 26. Additionally, the total office space take up by GCCs in the country is estimated to reach 26 million square feet by 2027, up from 19.69 million square feet in 2023, per the report. Bengaluru leads...

Flexible workspace solutions provider, WeWork India, has renewed a lease agreement for 1.40 lakh sq ft office space in Mumbai at a monthly rental fee of ₹2.25 crore, property registration documents accessed through real estate data analytics platform Propstack showed. WeWork India has leased 1.4 lakh sq ft office space in Mumbai for ₹2.25 crore rent per month(WeWork India) According to...

New Delhi, July 26 (PTI) Realty major DLF plans to launch nearly 37 million square feet area for sale in the medium term across various cities with revenue potential of ₹1.04 lakh crore as part of its strategy to encash strong demand for luxury homes. DLF plans to launch nearly 37 million square feet area for sale in the medium term across various cities with revenue potential of ₹1.04 lakh...

The Noida authority has started taking measures to offer interest waivers to realtors whose construction work was disrupted due to orders of the National Green Tribunal, officials of the authority said on Thursday. However, this waiver will be given only to those realtors who have paid their land cost dues under a state government policy meant for stalled legacy housing projects, announced last...