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Brigade Group to invest ₹400 crore to develop office space in Chennai

Brigade Group to invest ₹400 crore to develop office space in Chennai

Brigade Enterprises Limited will be investing ₹400 crore to develop a commercial project in Chennai, the company said in a statement. Brigade Enterprises Limited will be investing ₹400 crore to develop a commercial project in Chennai (Picture for representational purposes only)(Pexel) The company has entered into a Joint Development Agreement (JDA) with Agni Estates & Foundations Pvt...

Lodha sells two luxury apartments in Mumbai for ₹270 crore

Lodha sells two luxury apartments in Mumbai for ₹270 crore

Macrotech Developers, which uses the Lodha brand, has sold two apartments in its luxury project Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai’s posh areas, for ₹270 crore to the chairman and managing director of Wellknown Polyesters Ltd, Anil Gupta, documents accessed by IndexTap showed. Macrotech Developers has sold two apartments in its luxury project Lodha Malabar for...

Muji bets its minimalist retail will work for homes, hotels

Muji bets its minimalist retail will work for homes, hotels

(Bloomberg) -- Muji is bringing its minimalist aesthetic to habitation. Muji, a Japanese brand, is bringing its minimalist aesthetic to habitation. (Picture for representational purposes only)(Pixabay) Known for simple, monotone stationery, apparel and home goods, the Japanese retailer is betting that there’s just as much demand for no-frills homes and hotels, with plans to ramp up the...

74,486 housing units sold in Q1 2024; share of affordable housing sales decline

74,486 housing units sold in Q1 2024; share of affordable housing sales decline

Housing sales in the first quarter (Jan-March) of 2024 witnessed a 20% increase compared to the same period in 2023, with 74,486 units getting sold in the top seven markets across the country on the back of rising demand. The number is expected to touch more than 3 lakh units by the end of the year, JLL said in its report on April 15. Housing sales in the first quarter (Jan-March) of 2024...

Noida authority frees 56,000 sq m land from illegal colonisers

Noida authority frees 56,000 sq m land from illegal colonisers

NOIDA: The Noida authority has freed at least 56,885 square metres of land in its month-long drive from illegal colonisers, officials said. The drive was carried out by the Noida authority’s joint teams in villages including Sadarpur, Salarpur, Sorkha Jahidabad, Mamura, Gulavali, Assadullapur, Moyiyapur, and Garhi Samastipur. (HT Photo) The land, located in 12 spots of eight villages, is...

China’s private builders face 3 billion gap to complete homes

China’s private builders face $553 billion gap to complete homes

(Bloomberg) -- Chinese private developers face a $553 billion funding gap to complete pre-sold homes, adding to the woes of an industry that has yet to bottom out, according to a research report by Goldman Sachs Group Inc. Chinese private developers face a $553 billion funding gap to complete pre-sold homes(Bloomberg) Credit support from banks — which totaled 469 billion yuan as of the end...

Lutyens Delhi set for new clock tower soon | Latest News Delhi

Lutyens Delhi set for new clock tower soon | Latest News Delhi

The New Delhi Municipal Council (NDMC) is planning to develop a new clock tower at a central location in the Lutyens Delhi area, senior officials aware of the matter said on Sunday, adding that the civic body has begun to look for a suitable site. he old ‘New Delhi Town Hall’ used to house a clock tower on top of the headquarters building, but the building was demolished in the 1980s to...