Bollywood actress Malaika Arora has rented her apartment in Bandra West, Mumbai, to costume designer Kashish Hans for ₹1.57 lakh per month for three years, documents accessed by Zapkey showed. Bollywood actress Malaika Arora has rented her apartment in Bandra West, Mumbai, to costume designer Kashish Hans for ₹1.57 lakh per month for three years, documents accessed by Zapkey...
Construction
New Delhi, Realty firm Signature Global Ltd has set a target to sell housing properties worth ₹10,000 crore in 2024-25, up 38 per cent from the last fiscal, as it expects demand for residential assets to remain strong. Signature Global aims to sell ₹10,000 cr worth homes in FY25, up 38pc annually In its investors presentation, the company has given a guidance of ₹10,000 crore for...
Brookfield India Real Estate Trust (BIRET) will acquire a 50% stake in four Grade A assets from Bharti Enterprises. The acquisition includes marquee commercial properties totaling 3.3 million square feet, at an enterprise value of about ₹6000 crore, the company said in a statement. Brookfield India Real Estate Trust (BIRET) will acquire a 50% stake in four Grade A assets from Bharti...
India tops major APAC countries with the highest data center capacity of around 950MW in the Asia-Pacific region (excluding China), overtaking major countries like Australia, Hong Kong SAR, Japan, Singapore, and Korea, according to CBRE South Asia Pvt. Ltd’s report titled ‘Asia Pacific Data Center Trends Q1 2024’. India tops major APAC countries with the highest data center capacity of...
The Yamuna Expressway Industrial Development Authority (Yeida) on Wednesday said it has finalised the design of its new office building to be built in Sector 18, where a residential cluster is being developed in the close proximity of the Noida international airport along Yamuna Expressway. Currently, Yeida’s main administrative office functions out of a building taken on rent in Greater...
Bengaluru-based hospital, Narayana Hrudayalaya, also known as Narayana Health, has bought a land parcel in the city worth ₹169 crore, documents accessed by Propstack showed. Bengaluru-based hospital, Narayana Hrudayalaya, also known as Narayana Health, has bought a land parcel in the city worth ₹169 crore (Representational photo)(Pixabay) The seller is Venture Projects Bangalore Private...
Mumbai: The real estate market is reeling from a sharp spike in Slum TDR rates, which is impacting their profit margins and sending construction timelines of ongoing projects for a toss. According to industry executives, the TDR in Mulund has shot up from ₹3,500 per sq ft six months ago to ₹6,000 currently. In Borivali, the rate has increased from ₹3,000 per sq ft to ₹5,700 in the last six...
Real estate major DLF plans to launch new real estate projects spanning approximately 11.6 mn sq ft with a sales potential of almost ₹36,000 crore this fiscal. The key launches planned for the year are expected to be in Gurugram, Goa and Mumbai, Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd, told Hindustan Times Digital on May 15. Real estate major...
Mumbai: In a bid to ensure homebuyers get better quality homes, the Maharashtra Real Estate Agency (MahaRERA), has floated a draft regulation where developers will now have to provide self-certification declaration for real estate project quality assurance and provide detailed information on the project’s technical aspect. Maharashtra Real Estate Agency (MahaRERA) has floated a draft...
(Bloomberg) -- China is considering a proposal to have local governments across the country buy millions of unsold homes, people familiar with the matter said, in what would be one of its most ambitious attempts yet to salvage the beleaguered property market. China is considering a proposal to have local governments across the country buy millions of unsold homes, people familiar with the...