Construction

New Delhi, Aug 15 (PTI) Real estate firm Kalpataru Ltd has filed draft prospectus with market regulator SEBI to launch its initial public offering (IPO) for raising up to ₹1,590 crore, mainly to reduce debt. Real estate firm Kalpataru Ltd has filed draft prospectus with market regulator SEBI to launch its initial public offering (IPO) for raising up to ₹1,590 crore, mainly to reduce debt....

There are several iconic buildings in Mumbai, including housing societies, that have stood the test of time since India's independence in 1947. Here’s a look at a few such historical structures. Independence Day 2024: There are several iconic buildings in Mumbai, including housing societies, that have stood the test of time since India's independence in 1947.(HT Files) 1 Saraswat...

On a busy street in Bengaluru's Sivanchetti Gardens, stands a rather modest looking retail outlet by the name “Cinnamon”. Little can passers-by gauge at first glance about the rich world that thrives beyond its century-old doors. Multi-store complex Cinnamon, tucked away in a quaint colonial bungalow, in the heart of Bengaluru(Shakshi Jain/ HT Digital) An orphanage, a school, hostel and...

North West Bengaluru, which includes areas such as Peenya, Rajajinagar, Yeshwanthpur and Malleshwaram, is poised to witness a faster rate of growth in residential sales and prices over the next five years, compared to its counterparts in the IT capital, according to a report released by data analytics platform CRE Matrix on August 14. North West Bengaluru’s property prices are expected to...

Bengaluru-headquartered real estate developer Shriram Properties on August 14 posted a modest 5% growth in its net profit for the April-June quarter of the financial year 2024-25 at ₹17.5 crore. The company’s net profit stood at ₹16.6 crore in the year-ago period, the regulatory filing showed. Shriram Properties posts 5% growth in net profit to ₹17.5 crore in Q1 FY25 (Representational...

Embassy Pune Techzone Pvt Ltd of the Embassy Office Parks REIT has leased 1.23 lakh sq ft of commercial space in Pune to Volkswagen Group Technology Solutions India Pvt Ltd at a monthly rent of ₹66 lakh for five years, according to the property registration documents accessed by FloorTap.com Embassy Pune Techzone Pvt Ltd of the Embassy Office Parks REIT has leased 1.23 lakh sq ft of...

NOIDA: As the Noida authority approves the resolution plan, the Max Group is all set to take over the 3C Group’s Delhi One project that consists of a five-star hotel, service apartments and office space at Delhi-Noida border. The authority board has approved the settlement under which the Max Estate will pay ₹542 crore out of ₹932.68 crore total dues owed by realtor of Delhi One, along...

Real estate developers, investors and financial institutions are cautiously optimistic about growth in the sector in the next six months, according the 41st edition of the Knight Frank – NAREDCO Real Estate Sentiment Index Q2 2024 (April – June 2024) report. Real estate developers, investors and financial institutions are cautiously optimistic about growth in the sector in the next six...

MUMBAI: The MHADA housing lottery has opened up avenues for scamsters as well. On August 13, MHADA authorities chanced upon a fake website in its name, which has already trapped several hopefuls desirous of getting a house through the MHADA lottery 2024. The housing authority has now registered a complaint with the cyber cell of the Mumbai police. Mumbai, India - 24 Feb. 2016 : People checking...

The Indian Banks' Association (IBA) has estimated that there are 4.12 lakh stressed residential units, involving over ₹4 lakh crore, in the country. More than half of these units—about 2.40 lakh— are in the National Capital Region alone. In 2023, the Indian Banks' Association (IBA) estimated that 4,12,000 stressed residential units, involving over ₹4 lakh crore, have been impacted by...