Construction

Tech cities Bengaluru and Hyderabad drive India’s real estate boom with property prices appreciating by over 80%

Tech cities Bengaluru and Hyderabad drive India’s real estate boom with property prices appreciating by over 80%

Housing prices in Bengaluru and Hyderabad have increased by more than 80% in some pockets since 2020 primarily on account of demand emanating from IT/ITeS professionals residing in these cities, a report by Anarock has said. Tech cities Bengaluru and Hyderabad drive India’s real estate boom with real estate prices appreciating by over 80% (Representational photo)(IANS) As per Anarock's...

Women’s safety in building plans a must, say design experts | Latest News Delhi

Women’s safety in building plans a must, say design experts | Latest News Delhi

The horrific rape and murder of a young doctor in Kolkata on August 9 inside a hospital seminar hall — a space that is expected to be safe — has shocked the nation, once again highlighting a stark and often overlooked reality: despite growing discussions about women’s safety, many public spaces and buildings in cities fail to address their specific needs and vulnerabilities. Multiple...

Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024

Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024

The flexible workspace footprint across the top eight cities in India has touched 58 million square feet as of H1 2024, a joint report by Cushman & Wakefield and Table Space has said. Bengaluru led the way with a 31% share of the total flex space stock, followed by Delhi-NCR (16%), Pune (14%), Hyderabad (14%) and Mumbai (11%). Led by Bengaluru, flexible office space supply touches 58 mn sq...

‘DLF is here to stay in Mumbai and everyone is our competitor’, says Aakash Ohri, joint MD

‘DLF is here to stay in Mumbai and everyone is our competitor’, says Aakash Ohri, joint MD

DLF’s joint managing director and chief business officer Aakash Ohri has said that the Delhi-based company will foray into the Mumbai residential market by the second half of FY 2024-25, and counts on differentiation as key. DLF’s joint managing director and chief business officer Aakash Ohri has said that the company will foray into the Mumbai residential market by the second half of FY...

Godrej Properties wins bid for two luxury group housing plots in Gurugram for ₹515 crore, aims revenue of ₹3400 cr

Godrej Properties wins bid for two luxury group housing plots in Gurugram for ₹515 crore, aims revenue of ₹3400 cr

Sep 02, 2024 10:11 AM IST Godrej Properties said that the land parcels measuring approximately 3.6 acres, and 2 acres will have a combined revenue potential in excess of ₹3,400 crore Godrej Properties Ltd. (GPL) announced on September 2 that it has emerged as the highest bidder for two group housing plots in Gurugram costing ₹515 crore and will be developing the luxury apartments worth...

Gurugram real estate: Work on Unitech South Parks project stuck since 2013, resumes

Gurugram real estate: Work on Unitech South Parks project stuck since 2013, resumes

Real estate major Unitech Group resumed construction on its South Parks project in Gurugram Sector 70 on Sunday after a more than 10-year-long delay. The project comprising 832 flats in 14 towers is expected to be completed within 36 months, the group said — the group was placed under new management appointed by the Supreme Court in 2020 after the previous management failed the complete the project....

NCR real estate news: Amended by-laws may allow for taller buildings in Noida

NCR real estate news: Amended by-laws may allow for taller buildings in Noida

The Noida Authority has proposed amendments to the building by-laws, aiming to increase the Floor Area Ratio (FAR) for various plot categories, including institutional, industrial, mixed land-use, and integrated township projects, officials said on Sunday. The Noida authority is seeking objections and suggestions from the public regarding the amendments, with feedback open for the next 15 days....

India’s 21 big realty firms sell properties worth ₹35k cr in June quarter; Godrej Properties tops list

India’s 21 big realty firms sell properties worth ₹35k cr in June quarter; Godrej Properties tops list

New Delhi, Sep 1 (PTI) India's 21 major listed real estate developers have together sold properties worth nearly ₹35,000 crore during the latest June quarter with Godrej Properties reporting highest sale bookings. India's 21 major listed real estate developers have together sold properties worth nearly ₹35,000 crore during the latest June quarter with Godrej Properties reporting highest...

Top 5 Bollywood property deals: Here’s what Kangana Ranaut, Sajid Khan, Kartik Aaryan bought and sold in Mumbai

Top 5 Bollywood property deals: Here’s what Kangana Ranaut, Sajid Khan, Kartik Aaryan bought and sold in Mumbai

Kangana Ranaut, Kartik Aaryan and Karan Johar are in the news yet again for either having bought or rented out properties in Mumbai in the last few weeks. Here’s a look at Bollywood’s top five star-studded real estate deals. Top 5 Bollywood property deals: Here's what Kangana Ranaut, Sajid Khan, Kartik Aaryan bought and sold in Mumbai (Picture for representational purposes only)(Pexels)...

China home sales slump drags on despite government rescue

China home sales slump drags on despite government rescue

Sep 01, 2024 08:10 AM IST China’s residential slump deepened in August, as expectations of a further drop in new-home prices hampered the country’s efforts to cushion the downturn. (Bloomberg) -- China’s residential slump deepened in August, as expectations of a further drop in new-home prices hampered the country’s efforts to cushion the downturn. China’s residential slump...

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