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Yeida approves detailed project report of Heritage City

Yeida approves detailed project report of Heritage City

The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday said it has approved the detailed project report (DPR) of the Heritage City project to be developed on 2,965.2 acres of land along the Yamuna Expressway. The Heritage City project is set to be developed on 2,965.2 acre land along the Yamuna Expressway and the project has an estimated budget of ₹6,000 crore. (Sunil...

Prestige Group expands footprint in Delhi-NCR; acquires 62.5 acres in Ghaziabad for a township project

Prestige Group expands footprint in Delhi-NCR; acquires 62.5 acres in Ghaziabad for a township project

Real estate firm Prestige Estates Projects Ltd has expanded its footprint in Delhi-NCR by acquiring 62.5 acres at Indirapuram Extension in Ghaziabad and is planning to develop a township that has a revenue potential of ₹10,000 crore, the company said in a regulatory filing. Real estate firm Prestige Estates Projects Ltd has expanded its footprint in Delhi-NCR by acquiring 62.5 acres at...

Pune’s property registrations touch 17,570; stamp duty collection at ₹620 crore

Pune’s property registrations touch 17,570; stamp duty collection at ₹620 crore

Real estate registrations in Pune have touched 17,570, signaling a 23% increase compared to the previous year in February 2024. Stamp duty collections for the month were at ₹620 crore, marking a 20% year-on-year rise, according to data shared by the Maharashtra government’s Department of Registrations and Stamps (IGR). Real estate registrations in Pune have touched 17,570, signaling a 23%...

General Elections – Will the housing market witness another peak in 2024?

General Elections – Will the housing market witness another peak in 2024?

General elections and residential real estate appear closely linked. With most real estate regulatory reforms in place and high homebuyer demand, there is enough indication that 2024 may well witness another peak in housing sales and new launches, an analysis by Anarock Research has shown. General elections and residential real estate appear closely linked. With most real estate regulatory...