Construction

Nov 07, 2024 04:39 PM IST The proceeds will be used for the partial or full prepayment or repayment of the outstanding borrowings, equity contribution, general purposes, Brookfield said New Delhi, Nov 7 (PTI) Brookfield India Real Estate Trust on November 7 announced plans to raise up to ₹3,500 crore through issue of units to institutional investors to reduce debt as well as to fund...

Mumbai-based real estate developer Ajmera Realty & Infra India Ltd sold 37% of the inventory in its latest residential project in Bengaluru within a week of its launch, the company said in a statement. Mumbai-based real estate developer Ajmera Realty & Infra India Ltd sold 37% of the inventory in its latest residential project in Bengaluru within a week of its launch, the company said...

Retail leasing of 1.6 mn sq ft was recorded in the third quarter of 2024 with Hyderabad, Delhi NCR, and Mumbai leading the volume. High streets and not malls dominated the leasing landscape, accounting for 68% of the total retail space leased this quarter. Also, high street rentals witnessed an average growth of around 15% in the quarter. Main street rentals in Gurugram’s Galleria Market...

Navi Mumbai: CIDCO’s mega housing scheme, ‘My Preferred CIDCO Home’ has seen a huge response, with around 70,000 applications already in for 26,000 houses located close to public transport facilities. The scheme is open till November 11 CIDCO"s scheme has received 70,000 applications already in for 26,000 houses located close to public transport facilities. Representational Image Chief...

Nov 07, 2024 12:06 PM IST Macrotech Developers Ltd enters into agreements for acquisition of Bain Capital’s stake in 3 joint entities under digital infrastructure platform for ₹307 crore Macrotech Developers Ltd, that sells real estate properties under the Lodha brand, has acquired Bain Capital’s stake in three industrial and logistics park entities for ₹307 crore in line with its...

Reacting to Donald Trump’s election as the president of the United States, Kalpesh Mehta, founder of Tribeca Developers, the licensed partner of the Trump Organisation in India, said on November 6 that the win was ‘historic’ and reminisced on the advice he received from Trump himself as he was setting up the company: “Do it like I did. Don’t do too many projects but whatever you do make sure...

Nov 06, 2024 05:05 PM IST The company will develop 358 apartments in its new housing project CRC Maesta spread across 4 acres in Delhi NCR's Greater Noida West area Noida-based CRC Group said on November 6 that it will invest ₹525 crore to develop an ultra-luxury residential project in Greater Noida. Noida-based CRC Group said on November 6 that it will invest ₹525 crore to...

Popular singer and music composer Rahul Krishna Vaidya has purchased a 3,110 square feet high-end apartment in Mumbai for a sum of ₹9 crore, property registration documents accessed through proptech platform Square Yards showed. Singer Rahul Vaidya buys luxury apartment in Mumbai for ₹9 crore(HT file photo) As per the documents, the residential property is located in DLH Signature, a...

Global real estate asset manager CapitaLand Investment Limited (CLI) on November 6 announced that it has secured a S$131 million capital commitment from new Japanese capital partner, Daibiru Corporation, for its India private fund - CapitaLand India Growth Fund 2 (CIGF2). CapitaLand Investment raises S$131 million from Daibiru Corporation for its India business park fund. The capital...

Several Bollywood stars have been in the news for buying apartments across luxury projects in Mumbai. In fact, many buildings located in areas such as Bandra, Khar, Lokhandwala in Andheri and Worli are known to be the favourite hunting grounds for film stars. Their motives to invest in real estate may include investment, rental yield, end-use and even emotional purchase wherein a property could be...