Construction

Nielsen Media and its subsidiary Whats On India Media Pvt Ltd have leased a 1.52 sq ft commercial space in Commerze III, International Business Park, Oberoi Gardens, a project by Oberoi Realty, in Mumbai for a starting monthly rent of ₹3.87 crore for 10 years. Nielsen Media and its subsidiary Whats On Media have taken up a 1.52 lakh sq ft office space in Mumbai (Representational...

Hyderabad registered a total of 7,014 residential properties amounting to ₹4,288 crore in the month of June 2024, according to a report released by property consultancy Knight Frank India on July 15. This marked a 26% annual increase in the number of units and a 48% jump in the overall value, the report added. Hyderabad registers 7,014 housing units worth ₹4,288 crore in June 2024...

Details of real estate project grading are likely to be made public by the Maharashtra Real Estate Regulatory Authority (MahaRERA) in a month. The MahaRERA intends employing artificial intelligence (AI) tools to grade these projects, Ajoy Mehta, chairman of MahaRERA told HT.com The MahaRERA intends employing artificial intelligence (AI) tools to grade real estate projects in Maharashtra, Ajoy...

While the average completion time for large real estate projects across the country was down by 20% to 4.9 years in H12024 from 6.1 years in 2019, it was the southern cities that were markedly ahead of their northern, western, and eastern counterparts. For all large projects launched and completed between 2014 and H1 2024, the average completion time was lowest in Chennai with 3.6 years, ,...

Bengaluru has held on to its status as the top choice for non-resident Indians looking to invest in India’s residential real estate market, especially those eyeing budget and mid-segment housing, data sourced from multiple consultancy firms by HT Digital showed. Bengaluru holds on to its status as the top choice for non-resident Indians eyeing budget and mid-segment homes (Representational...

Former Indian captain Virat Kohli has taken to his social media channels on Instagram and X to share the first glimpses of his recently completed holiday home in Alibaug, a coastal town south of Mumbai. Here’s a look at Alibaug, a second home real estate investment destination for several high and ultra high net worth individuals, including Bollywood stars, non-resident Indians, sportsmen and...

Pune-based fractional ownership platform (FoP) RealX on July 13 announced that it had assisted investors close a 3,500 sq yard land deal in Ayodhya for ₹10.40 crore. Pune-based fractional ownership platform (FoP) RealX on July 13 announced that it had assisted investors close a 3,500 sq yard land deal in Ayodhya. (Representational photo)(PTI ) RealX said it had closed its Ayodhya...

Real estate developers' focus on the premium housing segment priced between ₹3-5 crore led to launches growing by around 170% year-on-year (Y-O-Y), luxury segment priced above ₹5 crore followed with 116% growth. Mumbai and Hyderabad led the half yearly launches, collectively contributing around 43% of the overall launches, a report by JLL showed. Real estate developers' focus on the premium...

Bengaluru-based real estate developer Puravankara Ltd reported flat sales bookings of ₹1,128 crore during the April-June period of the financial year 2024-25, the company said in a regulatory filing. Puravankara Ltd reports flat sales bookings of ₹1,128 crore in Q1 FY25 (Representational photo)(Pixabay) The company said it achieved quarterly sales value of ₹1,128 crore for Q1...

Bengaluru-based real estate major Brigade Group has launched a residential tower ‘Cobalt’ at its 50-acre township, Brigade El Dorado, located in the city’s KIADB Aerospace Park. The company expects a revenue of over ₹400 crore from the 6.1 million square feet project, it said in a regulatory filing. Brigade Group has launched a new housing tower comprising 948 single-bedroom apartments...