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2024

ASK Property Fund, Trevoc group jointly invest ₹200 cr in a Gurugram project

ASK Property Fund, Trevoc group jointly invest ₹200 cr in a Gurugram project

ASK Property Fund, the real estate private equity arm of Blackstone- backed ASK Asset & Wealth Management Group, will invest ₹120 crore in TREVOC’s luxury residential project in Gurugram, the company said in a statement. (File Pic) ASK Property Fund, the real estate private equity arm of Blackstone- backed ASK Asset & Wealth Management Group, will invest ₹120 crore in TREVOC’s...

NBCC to develop 13,250 premium flats in 5 Amrapali projects in Greater Noida

NBCC to develop 13,250 premium flats in 5 Amrapali projects in Greater Noida

The government’s construction arm NBCC said on February 22 that it will be developing 13,250 premium apartments in five ongoing projects of Amrapali in Greater Noida where it has received approval from Greater Noida Authority to develop unused and purchasable floor area ratio (FAR) worth ₹10,000 crore. The government’s construction arm NBCC said on February 22 that it will be developing...

Mahindra Lifespaces sells sustainable homes worth ₹800 cr in Mumbai

Mahindra Lifespaces sells sustainable homes worth ₹800 cr in Mumbai

Mahindra Lifespace Developers Ltd, the real estate and infrastructure development arm of the Mahindra Group, on February 22 said that it has sold inventory in its first net zero waste and energy homes project in Kandivali East, Mumbai, worth ₹800 crore within a span of three days, the company said in a regulatory filing. Mahindra Lifespace Developers Ltd has sold inventory in its first...

ED searches premises linked to Hiranandani Group over FEMA violations | Mumbai news

ED searches premises linked to Hiranandani Group over FEMA violations | Mumbai news

The Enforcement Directorate (ED) on Thursday launched searches at five official and residential premises linked to the Hiranandani Group, one of Mumbai’s top real estate companies, as part of its investigation related to alleged contravention of provisions of the Foreign Exchange Management Act (FEMA), agency sources said. Representational image. People in the agency, however, refused to...

Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023

Entertainment segment leasing witnesses 179% Y-o-Y growth in 2023

The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment leasing across seven Indian cities in 2023 and the momentum is expected to continue in 2024 as well. The growing consumer demand for entertainment experiences within retail spaces has led to a 179% Y-o-Y surge growth in entertainment segment leasing across...