2024

Forbes Global Properties forays into Indian real estate market

Forbes Global Properties forays into Indian real estate market

US-based Forbes Global Properties on January 25 announced its foray into the Indian real estate market to offer brokerage services for luxury homes. It is also planning to develop two projects covering 10 million square feet in Mumbai and Delhi in association with landowners. It is also exploring opportunities to develop a residential project in Goa spread across 10 lakh sq ft. US-based Forbes...

DLF Q3 profit increases by 27% to ₹656 crore

DLF Q3 profit increases by 27% to ₹656 crore

Real estate major DLF Ltd on January 24 reported an almost 27% increase in its consolidated net profit that stood at ₹655.71 crore in the December quarter on the back of sustained housing demand. Real estate major DLF Ltd on January 24 reported a 26.5% increase in its consolidated net profit that stood at ₹655.17 crore on the back of sustained housing demand. Its net profit stood at...

Colliers appoints Sankey Prasad as CMD India and Middle East Engineer Business

Colliers appoints Sankey Prasad as CMD India and Middle East Engineer Business

Global diversified professional services and investment management company Colliers announced on January 24 that Sankey Prasad has been appointed as chairman and managing director for India and chairman and managing director for Colliers Project Leaders Middle East. Sankey Prasad has been appointed as chairman and managing director for India and chairman and managing director for Colliers...

Gurugram’s Sector 29 to be developed as central business district: HSVP

Gurugram’s Sector 29 to be developed as central business district: HSVP

The Haryana Shahari Vikas Pradhikaran (HSVP) has planned to redevelop Sector 29 as the central business district (CBD) of Guruguram, officials familiar with the matter said on Monday. A portion of HSVP’s land in Sector 29 on Monday. (Parveen Kumar/HT Photo) HSVP owns 100 acres of prime land in this sector that it believes can be monetised at a very high premium, officials said. The...

5,000 hectares to be acquired near Jewar airport for industrial, residential use

5,000 hectares to be acquired near Jewar airport for industrial, residential use

As the Uttar Pradesh government has released around ₹3,000 crore funds for land acquisition, the Yamuna Expressway Industrial Development Authority (Yeida) on Tuesday asked the Gautam Budh Nagar administration to acquire at least 5,000 hectares near the upcoming Noida airport in Jewar for the development of industrial and residential use. The authority has decided to develop new areas --...

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