October 2024

Electrical accessories manufacturer GreatWhite Global Private Limited has purchased two 8,041-square feet apartments in Mumbai’s luxury Oberoi Three Sixty West project for ₹225 crore, property registration documents accessed through real estate data analytics platform Propstack showed. Electrical accessories maker GreatWhite Global buys two 8,041 sq ft apartments in Mumbai for ₹225 crore...

Amid a strong momentum in the real estate sector, seven realty companies have raised a total of ₹135.5 billion via initial public offerings (IPO) in 2024, a report released by property consultancy Colliers on October 29 said. This is almost double the amount raised in 2023. Real estate players raise ₹135 billion via initial public offerings in 2024 (Representational photo)(Abhijit...

Mumbai and Pune-based real estate developer Supreme Universal has launched a new phase of a luxury villa project near Lonavala Hill station at Somatane in Pune. The company is offering 70 villas priced at around ₹2.65 crore each. Mumbai and Pune-based real estate developer Supreme Universal has launched a new phase of luxury villa project near Lonavala Hill station at Somatane in Pune. (Photo...

Oct 29, 2024 08:47 AM IST A luxury housing project in Noida is reportedly offering buyers a free Lamborghini with the purchase of a villa worth ₹26 crore. A luxury housing project in Noida is reportedly offering buyers a free Lamborghini with the purchase of every villa. Jaypee Greens in Noida has come up with the unique offer to entice luxury car enthusiasts who are looking for real...

Prestige Group has acquired 17.45 acres of land in Whitefield, Bengaluru for ₹462 crore, the company said in a regulatory filing on October 28. Prestige Group has acquired 17.45 acres of land in Whitefield, Bengaluru for ₹462 crore, the company said in a regulatory filing on October 28. (Representational photo)(Pexels) The acquired land will be planned for a residential development...

The owners and promoters of Lodha Group, Abhishek Lodha and family, have pledged to transfer stake worth around ₹20,000 crore in their listed entity Macrotech Developers to the company’s philanthropic initiative Lodha Philanthropy Foundation (LPF), a non-profit organisation that uses all its income and assets solely for national and social causes. The owners and promoters of Lodha Group,...

Dhanteras, the first day of the festive period of Diwali, is considered an auspicious occasion not only to buy gold but also real estate which continues to be the most preferred asset class for investment for over 59% investors. Dhanteras, the first day of the festive period of Diwali, is considered an auspicious occasion not only to buy gold but also real estate (Representational photo)...

Global hospitality major Hilton on October 28 announced the signing of Hilton Garden Inn in East Bengaluru's Whitefield micro market, set to open in early 2025. Hilton signs second Hilton Garden Inn in Bengaluru, to open in early 2025 (Picture used for representational purpose only)(Pixabay) “This new property will bring Hilton’s Bengaluru portfolio to seven trading and ten pipeline...

Global capability centres (GCCs) took up nearly 23,000 seats from coworking space operators in India during the first nine months of the ongoing calendar year, according to a report by property consultancy Knight Frank India. Global capability centres lease nearly 23,000 coworking desks between January - September period (Representative photo)(Shutterstock) As per data collated by Knight...

Real estate developers have raised ₹12,801 crore through the qualified institutional placements route in the first nine months of 2024 which is almost 17% of the total QIP issuance across sectors that stands at ₹75,923 crore, a report by Anarock showed on October 28. Real estate developers raise ₹12,801 crore via QIP between Jan-Sep period. (Representational photo)(Abhijit Bhatlekar/...