The Indian real estate sector attracted equity investments of $11.4 billion last year, up 54% annually, mainly from developers and institutional investors. Mumbai and Delhi-NCR were the top destinations for investment inflows in 2024, each accounting for around 25% of the total, according to a report by CBRE on December 10. Indian real estate sector attracted equity investments of $11.4 billion...
2025
Co-working space firm Awfis has leased commercial space of 2.7 lakh sq ft in Pune's Kharadi area for an annual rent of ₹15.77 crore for five years, according to property documents accessed by Propstack.com Co-working space firm Awfis has leased a 2.7 lakh sq ft commercial space in Pune's Kharadi area for an annual rent of ₹15.77 crore. (Picture for representational purposes only)(Pexels)...
Real estate company Prateek Group will invest over ₹2,000 crore to develop a premium housing project in Ghaziabad’s Siddharth Vihar area. The project will target both end-users and investors. Prateek Group has launched its new project, 'Prateek Grand Begonia,' in Ghaziabad. The project is spread across 15 acres and comprises 2,400 flats. On January 10, the company announced the launch of...
A homebuyer who had invested in a housing project in Bengaluru has approached the city police after the Bengaluru-based real estate developer Ozone Group allegedly resold his apartment to a new buyer. A homebuyer who had invested in a housing project in Bengaluru has approached the city police after the real estate developer Ozone Group allegedly resold his apartment to a new buyer....
A luxury mansion listed on Zillow, a popular U.S.-based online real estate marketplace, for $35 million (approximately ₹288 crore) was seen engulfed in flames in a viral video amid the ongoing Los Angeles wildfires. The dramatic footage captures the devastating impact of the fires that have ravaged the city since Tuesday. The house was listed on Zillow on $35 million. (Instagram/@maddzak)...
Godrej Properties Ltd. announced on January 10 that it had acquired 24 acres of land in Indore. The development on this land will primarily comprise premium plotted residential units and offer an estimated saleable area of around 6.20 lakh square feet. Godrej Properties Ltd. announced on January 10 that it had acquired 24 acres of land in Indore. (Picture for representational purposes...
SACRAMENTO, Calif. (AP) — The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk. A beach house is engulfed in flames as the Palisades Fire burns along Pacific Coast Highway in Malibu, California.(AFP)...
Jan 10, 2025 09:08 AM IST Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate crisis enters its fifth year (Bloomberg) -- Chinese property developers are starting 2025 facing liquidation petitions and mountains of debt as the nation’s real estate crisis enters its fifth year with little sign of improvement....
Bengaluru may have witnessed an increase in housing prices by around 5% to 10%, especially in areas close to the city centre and the IT corridors. That said, some areas on the outskirts of Sarjapur, Whitefield in the east, and southern parts such as Kanakapura Road still offer affordable options to buyers with a budget of less than a crore. In Bengaluru, several small development pockets in the...
MUMBAI: Traffic snarls which contribute to air pollution, and often lead to instances of road rage, across the Mumbai Metropolitan Region as well as tier-2 cities like Nagpur and Pune, have prompted the state government to contemplate a plan where four-wheeler owners must prove owning designated parking spots or areas, both public and private, at the time of registering new vehicles. Termed...