September 2024

Delhi-based Omaxe Group will invest ₹2500 crore on a commercial-cum-sports complex at Dwarka spanning over 50.4 acres, the company said on September 2. The project is expected to be completed by 2027 and likely to generate over ₹4,200 crore in revenue during its lifecycle, the company said in a statement. The Omaxe State project to come up in Dwarka will be an integrated 5-in-1 destination...

Ashley Nagpal, promoter of Ebco Pvt Ltd, a furniture fittings and accessories firm, and his wife Bianca Nagpal have purchased a 7,139 sq ft apartment in Mumbai's Worli area for ₹115 crore, according to the documents accessed by Zapkey Ashley Nagpal, promoter of Ebco Pvt Ltd, a furniture fittings and accessories firm, and his wife Bianca Nagpal have purchased a 7,139 sq ft apartment in...

Housing prices in Bengaluru and Hyderabad have increased by more than 80% in some pockets since 2020 primarily on account of demand emanating from IT/ITeS professionals residing in these cities, a report by Anarock has said. Tech cities Bengaluru and Hyderabad drive India’s real estate boom with real estate prices appreciating by over 80% (Representational photo)(IANS) As per Anarock's...

The horrific rape and murder of a young doctor in Kolkata on August 9 inside a hospital seminar hall — a space that is expected to be safe — has shocked the nation, once again highlighting a stark and often overlooked reality: despite growing discussions about women’s safety, many public spaces and buildings in cities fail to address their specific needs and vulnerabilities. Multiple...

The flexible workspace footprint across the top eight cities in India has touched 58 million square feet as of H1 2024, a joint report by Cushman & Wakefield and Table Space has said. Bengaluru led the way with a 31% share of the total flex space stock, followed by Delhi-NCR (16%), Pune (14%), Hyderabad (14%) and Mumbai (11%). Led by Bengaluru, flexible office space supply touches 58 mn sq...

DLF’s joint managing director and chief business officer Aakash Ohri has said that the Delhi-based company will foray into the Mumbai residential market by the second half of FY 2024-25, and counts on differentiation as key. DLF’s joint managing director and chief business officer Aakash Ohri has said that the company will foray into the Mumbai residential market by the second half of FY...

Sep 02, 2024 10:11 AM IST Godrej Properties said that the land parcels measuring approximately 3.6 acres, and 2 acres will have a combined revenue potential in excess of ₹3,400 crore Godrej Properties Ltd. (GPL) announced on September 2 that it has emerged as the highest bidder for two group housing plots in Gurugram costing ₹515 crore and will be developing the luxury apartments worth...

Real estate major Unitech Group resumed construction on its South Parks project in Gurugram Sector 70 on Sunday after a more than 10-year-long delay. The project comprising 832 flats in 14 towers is expected to be completed within 36 months, the group said — the group was placed under new management appointed by the Supreme Court in 2020 after the previous management failed the complete the project....

The Noida Authority has proposed amendments to the building by-laws, aiming to increase the Floor Area Ratio (FAR) for various plot categories, including institutional, industrial, mixed land-use, and integrated township projects, officials said on Sunday. The Noida authority is seeking objections and suggestions from the public regarding the amendments, with feedback open for the next 15 days....

New Delhi, Sep 1 (PTI) India's 21 major listed real estate developers have together sold properties worth nearly ₹35,000 crore during the latest June quarter with Godrej Properties reporting highest sale bookings. India's 21 major listed real estate developers have together sold properties worth nearly ₹35,000 crore during the latest June quarter with Godrej Properties reporting highest...