2025

Macrotech Developers reports pre-sales of over ₹4,500 crore in Q3FY25, adds new project in Bengaluru

Macrotech Developers reports pre-sales of over ₹4,500 crore in Q3FY25, adds new project in Bengaluru

Macrotech Developers, also known as Lodha, on January 6 reported pre-sales of over ₹4,500 crore in the third quarter of the ongoing financial year 2024-25, a 32% YoY growth from over ₹3,400 crore during the same period last year. Macrotech Developers, also known as Lodha, on January 6 reported pre-sales of over ₹4,500 crore in the third quarter of the ongoing financial year 2024-25....

Indian real estate’s institutional investments touched .5 billion in 2024, industrial and warehousing dominate: Report

Indian real estate’s institutional investments touched $6.5 billion in 2024, industrial and warehousing dominate: Report

Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to a January 6 report by Colliers India. Institutional investments in Indian real estate crossed $6.5 billion inflows in 2024, marking a significant 22% increase from the previous year's $5.4 billion, according to Colliers...

UAE real estate sees steady growth in projects, record transactions in 2024

UAE real estate sees steady growth in projects, record transactions in 2024

The United Arab Emirates (UAE)'s real estate sector maintained its growth momentum throughout 2024, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country's economic growth. Property markets in Dubai, Abu Dhabi saw traction. According to the official data from the local real estate authorities of the four emirates,...

DTCP to seal 150 illegal flats in Palam Vihar over violations

DTCP to seal 150 illegal flats in Palam Vihar over violations

Jan 06, 2025 06:16 AM IST DTCP had earlier sealed these flats last month, but officials said that the owners broke the seals and resumed construction without permission The enforcement wing of the Department of Town and Country Planning (DTCP) has initiated steps to seal approximately 150 illegally constructed flats in C2 Block of Palam Vihar, DTCP officials said on Sunday. According to...

Noida to cancel plot allotment over non-compliance of rules

Noida to cancel plot allotment over non-compliance of rules

NOIDA: The Noida authority board has decided to soon cancel allotment of the plots, whose owners have failed to obtain completion certificates within the stipulated time frame, officials said on Sunday. This decision follows a June 3, 2022 government notification and a December 20, 2023 order which had extended the timeline for declaring these plots functional until December 31, 2024. (Sunil...

Bengaluru real estate: Brigade Group to develop residential project in Whitefield for ₹2700 crore

Bengaluru real estate: Brigade Group to develop residential project in Whitefield for ₹2700 crore

Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road, Bengaluru with a development potential of ₹2700 crore, the company said on January 3. Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road, Bengaluru...

Indian billionaire beats Mumbai’s bad roads and sewage with 25,000 sq ft penthouse | Trending

Indian billionaire beats Mumbai’s bad roads and sewage with 25,000 sq ft penthouse | Trending

Mumbai, often in headlines for its cramped and overpriced housing, boasts a luxurious penthouse that redefines opulence. Real estate tycoon Niranjan Hiranandani recently offered an exclusive look inside his sprawling 25,000-square-foot penthouse, located in the heart of the city. Niranjan Hiranandani has a net worth of $1.4 billion. (Hiranandani Communities ) The 74-year-old shared the rare...

Real Estate Outlook 2025: North Bengaluru, outskirts of Whitefield among areas likely to see rental appreciation

Real Estate Outlook 2025: North Bengaluru, outskirts of Whitefield among areas likely to see rental appreciation

In 2023-24, Bengaluru saw a major surge in residential rentals, increasing rents by more than 20%-30%. In a city starved of rental properties, tenants have been struggling to cope with the ever-changing demands of the landlords, some of whom have gone to the extent of checking out LinkedIn profiles of their prospective tenants. Bengaluru rental market: In 2023-24, Bengaluru saw a major surge in...

Under-construction properties record 55% price appreciation in last 1 year: Report

Under-construction properties record 55% price appreciation in last 1 year: Report

Under-construction properties have recorded about 55 percent price appreciation in the last one year, according to a January 3 report by Savills India. Under-construction properties have recorded about 55 percent price appreciation in the last one year, (Representational Image)(AFP) "Gurugram and Mumbai led the surge in under-construction property values, with increases of up to 55% and 10%,...

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024

Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft (msf) of leasing, up by 66% from 9.01 msf in 2023, according to a JLL report on January 3. Overall, India recorded 42.02 msf of absorption, up by 17.9% from 18.53 in the year-ago period. Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft (msf) of...

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