August 2024

Yeida challenges Suraksha Group’s plan to take over Jaypee in Supreme Court

Yeida challenges Suraksha Group’s plan to take over Jaypee in Supreme Court

The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday said it has challenged the Suraksha Group’s resolution plan for Jaypee Infratech Limited (JIL)’s takeover in the Supreme Court, leaving thousands of homebuyers worried about their apartment delivery again. Jaypee’s Wish Town project in Noida. The takeover brought relief to at least 20,000 homebuyers who have been...

Prestige Estates eyeing four project launches across Mumbai and Bengaluru in Q2 FY25

Prestige Estates eyeing four project launches across Mumbai and Bengaluru in Q2 FY25

Bengaluru-based realty player Prestige Estates plans to launch four projects across Mumbai and Bengaluru in the July-September quarter of the ongoing financial year, Irfan Razack, chairman and managing director of the company said during an investors' call on August 1. Additionally, the company is looking to launch three projects in the Delhi-NCR market during the October-December quarter....

Puravankara Limited hopes to foray into the Delhi-NCR market in FY26

Puravankara Limited hopes to foray into the Delhi-NCR market in FY26

Bengaluru-headquartered real estate major Puravankara Limited hopes to expand its footprint into the Delhi-NCR market in the next financial year, said Ashishek Kapoor, Group Chief Executive Officer of the company. Puravankara Limited hopes to foray into the Delhi-NCR market in FY26, Group CEO Abhishek Kapoor said on August 1(Puravankara Limited) “In NCR we’ve just put the team on the...

Mumbai real estate: Mahindra and Mahindra Ltd sells 20.5 acres land in Kandivali area for ₹210 crore

Mumbai real estate: Mahindra and Mahindra Ltd sells 20.5 acres land in Kandivali area for ₹210 crore

Automobile manufacturer Mahindra and Mahindra Limited has sold 20.5 acres land in Mumbai's Kandivali area for ₹210 crore, according to property registration documents by CRE Matrix. Automobile manufacturer Mahindra and Mahindra Limited has sold 20.5 acres land in Mumbai's Kandivali area for ₹210 crore. (Picture for representational purposes only)(Pexels) The land was sold to Blueprintify...

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%

Out of NCR's total housing sales of approximately 32,200 units in H1 2024, over 45% share was in the luxury segment, and 24% in the affordable segment. Back in 2019, sales of luxury homes were a mere 3% while the affordable sales share stood at 49%, a report by Anarock has said. Gurugram saw the highest luxury sales in Delhi-NCR at approximately 10,365 units, followed by Noida and Greater Noida...

DLF plans to launch housing project in Mumbai by December 2024

DLF plans to launch housing project in Mumbai by December 2024

Delhi-NCR based listed real estate developer DLF has said that it plans to launch its first project in Mumbai by December 2024, Ashok Kumar Tyagi – Managing Director and Chief Financial Officer (CFO), DLF Limited said. DLF has said that it plans to launch its first project in Mumbai by December 2024, said Ashok Kumar Tyagi – Managing Director and Chief Financial Officer (CFO), DLF Limited....

Greater Noida: Yeida offers 19 group housing plots under new scheme

Greater Noida: Yeida offers 19 group housing plots under new scheme

The Yamuna Expressway Industrial Development Authority (Yeida) said on Wednesday that a new group housing plot scheme will be launched on Thursday and 19 plots, in sizes ranging from 2.5 acres to 12 acres in sectors 17, 18 and 22D that are located near the greenfield Noida International airport, will be up for grabs. The allotment of these plots will be carried out through an e-auction, with...

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