New Delhi, Oct 27 (PTI) Realty firm Macrotech Developers Ltd will launch nearly 8 million square feet of residential space in the second half of this fiscal with an estimated sales value of ₹10,000 crore, as part of its strategy to expand the business. Macrotech Developers Ltd will launch nearly 8 million square feet of residential space in the second half of this fiscal with an estimated...

NCR-based real estate developer Signature Global announced on October 27 that it has awarded the ₹1203 crore construction contract for its premium residential project, Titanium SPR at Sector 71, Gurugram to Capacit’e Infraprojects Limited. Signature Global has announced that it has awarded the ₹1203 crore construction contract for its premium residential project, Titanium SPR in Gurugram...

Real estate developers are offering gold coins, complementary international tours, fully furnished homes, not to mention spot discounts this Diwali. Having said that, homebuyers who purchase apartments priced at ₹5 crore and above are not necessarily influenced by festive discounts as they are not looking to reduce the upfront financial burden as is the case with affordable and mid segment buyers,...

The Noida authority on Saturday announced plans to formulate a co-developer policy aimed at reviving stalled housing projects, a move that could benefit thousands of homebuyers who have been awaiting completion of their apartments, officials said on Saturday. The decision was taken during a board meeting on Saturday, chaired by Uttar Pradesh chief secretary Manoj Kumar Singh at Noida authority’s...

Office leasing in India is expected to touch 70 mn sq ft on the back of strong leasing activity in major cities by the tech, BFSI, flex workspace, engineering and manufacturing occupiers, a report by Savills India has said. Office leasing expected to touch over 70 mn sq ft in 2024 (Representational photo)(Pixabay) The third quarter of 2024 saw office absorption hit 20.2 mn sq ft, a 28%...

Bollywood actor Sunil Shetty, along with his son Ahan Shetty, has purchased a 1,200-square feet property in Mumbai for ₹8.01 crore through a bank auction, property registration documents accessed through proptech platform Square Yards showed. Bollywood actor Sunil Shetty and son Ahan buy ₹8.01 crore property in Mumbai(HT files) According to the documents, the property is located in Khar...

Paint and coating manufacturer Kansai Nerolac Paints has said that it has finalised the sale of its land parcel along with the building located in Mumbai’s Lower Parel area for ₹726 crore to realtor Runwal Developers. Paint and coating manufacturer Kansai Nerolac Paints has said that it has finalised the sale of its land parcel in Mumbai. (Picture for representational purposes...

Real estate major DLF on October 25 reported a over two-fold jump in its consolidated net profit to ₹1,381 crore in the September quarter. The company had posted a net profit of ₹622.78 crore in the year ago period, DLF said in a regulatory filing on October 25. DLF on October 25 reported a over two-fold jump in its consolidated net profit to ₹1,381 crore in the September quarter....

Indians purchased approximately 3 lakh homes worth ₹4.26 lakh crore during the January-September period of 2024 across the top six cities in India, according to a report released by real estate data analytics platform CRE Matrix. About 3 lakh homes worth ₹4.26 lakh crore sold in Jan-Sep; Pune, Delhi-NCR top performers in Q3 (Representational photo)(Abhijit Bhatlekar/ Mint) In the...

Oct 25, 2024 09:11 AM IST The luxury group housing plot in Gurugram has a revenue potential of more than ₹5,500 crore. This is the 11th new project that GPL has acquired in FY25 Godrej Properties Ltd (GPL) on October 25 announced that it has emerged as the highest bidder and has secured the Letter of Intent to develop a group housing plot at Golf Course Road in Gurugram through an...