NCR-based Gaurs Group is restructuring the company to launch its Initial Public Offering (IPO) to generate funds for constructing a 5 mn sq ft commercial project in Noida and new acquisitions. NCR-based Gaurs Group is restructuring the company to launch its Initial Public Offering (IPO) to generate funds for construction of a 5 mn sq ft commercial project in Noida and new acquisitions. The...

Although the plot scheme floated by the Yamuna Expressway Industrial Development Authority (Yeida) has only 361 plots on offer, about 187,000 applicants are pinning their hopes on securing one, in a draw of lots to be organised by the authority on October 10 at the India Expo Centre in Greater Noida. The draw of lots will be organised by the authority on Thursday at the India Expo Centre in...

While Bollywood stars have been in the news for buying apartments across several luxury projects in Mumbai, there are several real estate developers who prefer selling their luxury flats to industrialists or high net worth individuals (HNIs) from non-Bollywood background, boutique developers HT.com spoke to said. While Bollywood stars have been in the news for buying apartments across several...

India lost a national icon, celebrated philanthropist and a visionary industrialist on October 9 as Ratan Naval Tata breathed his last at Mumbai’s Breach Candy Hospital. The chairman emeritus of Tata Sons was 86. Located opposite to Colaba post office, Bakhtavar is a 13,350- square foot multi-storey sea-facing property in South Mumbai, (NoBroker) Ratan Tata led the Tata Group for over two...

Real estate major DLF Ltd is expected to launch the country’s most expensive uber luxury real estate project comprising more than 400 super luxury apartments in Gurugram with the starting price expected to be around ₹80 crore, sources in the know told HT.com DLF Ltd is expected to launch the country’s most expensive uber luxury real estate project comprising more than 400 super luxury...

Ratan Tata, renowned industrialist and philanthropist, who is credited with transforming the Tata Group into a global conglomerate, died on October 9. The Tatas are known to have commissioned a few buildings in Mumbai and their focus historically has been on South Mumbai. Ratan Tata, who is credited with transforming the Tata Group into a global conglomerate, died on October 9. ( (PTI Photo))...

The real estate sector paid homage to Ratan Tata, former Tata Group chairman, who died at the age of 86 in Mumbai, saying that his influence will continue to inspire business leaders across industries and that his legacy goes beyond "business, inspiring generations to lead with purpose and give back to society.” The real estate sector said that Ratan Tata understood the importance of building...

The ongoing transit-related infrastructure improvements are expected to drive the revitalisation of South Mumbai for both businesses and investors, so much so that office rentals in Nariman Point, one of the city's iconic commercial districts, may increase from the current ₹569 per sq ft to ₹1,091 per sq ft by 2030, reflecting strong demand for premium office space in the area, a report by Knight...

Residential real estate transactions in the Mumbai Metropolitan Region grew 7% year-on-year to 52,745 during the July-September period of the ongoing calendar year, according to a new report by proptech startup Square Yards. Housing transactions in Mumbai rise 7% YoY during July-September, festive offers expected to help boost demand (Representational photo)(Abhijit Bhatlekar/ Mint)...

Transactions for office spaces above 100,000 sq ft recorded a substantial YoY growth of 54% in the first half of calendar year 2024 (H1 2024) from 10.18 mn sq ft in H1 2023 to 15.69 mn sq ft in H1 2024. Bengaluru’s large office spaces contributed 53% to the city’s total commercial transaction volumes, amounting to 4.5 million sq ft followed by Hyderabad and Mumbai with 3.08 mn sq ft and 2.66 mn...