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Average rent rises 7 percent annually in April-September across 7 cities to Rs 83/sq ft/month: Anarock

Average rent rises 7 percent annually in April-September across 7 cities to Rs 83/sq ft/month: Anarock

Thu, Dec 07, 2023

Rentals for prime office spaces rose by an average 7 per cent year-on-year to 83 per square feet per month across seven major cities during the first six months of the current fiscal on rise in construction cost, according to Anarock.

Real estate shares at near 15-year high multiples

Real estate shares at near 15-year high multiples

Mon, Nov 27, 2023

Festive season bounce has driven Oct23 sales to surge 20 per cent YoY to 50,000+ units levels in Top-7 cities.

Ganga Realty to invest more than Rs 1,000 crore to build luxury housing project in Gurugram

Ganga Realty to invest more than Rs 1,000 crore to build luxury housing project in Gurugram

Mon, Nov 27, 2023

The company will build 302 apartments in this project 'Nandaka 84', which is spread over 8.33 acres, Ganga Realty said in a statement. The housing project will be completed by 2028.

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Gurugram tops real estate development in Delhi-NCR, says Anarock; here's why

Gurugram tops real estate development in Delhi-NCR, says Anarock; here's why

Thu, May 11, 2023

The National Capital Region (NCR) is one of India’s major real estate markets, with a high housing demand.

Real Estate sentiment index dips marginally in Jan–Mar but still positive: Report

Real Estate sentiment index dips marginally in Jan–Mar but still positive: Report

Fri, May 05, 2023

In their 36th edition of the Real Estate Sentiment Index Q1 2023 (January-March), real estate consultant Knight Frank and industry body NAREDCO said that the current sentiment score, while safely within the optimistic zone, has seen a marginal dip

With circle rates going up, Noida sees major jump in property prices

With circle rates going up, Noida sees major jump in property prices

Sun, Apr 30, 2023

During the board meeting of Noida Authority held on April 23, the allotment rates for residential plots, group housing and institutional plots have been increased by six to 10 per cent.

Sunteck Realty expects its pre-sales to grow three fold by FY28

Sunteck Realty expects its pre-sales to grow three fold by FY28

Wed, Apr 19, 2023

The luxury projects-focused realtor would close FY23 with around Rs 1,700 crore in pre-sales/bookings and a Rs 513 crore revenue on the balance sheet. For the first nine months of FY23, its net income stood at Rs 29 crore, up from Rs 25 crore a year ago, on a revenue of Rs 314 crore.

Centre holds round table meeting in Mumbai to redress home buyers' grievances; suggests solutions

Centre holds round table meeting in Mumbai to redress home buyers' grievances; suggests solutions

Tue, Apr 18, 2023

Round Table Meeting Mumbai: To identify actionable solutions to pressing issues like misleading advertisements by real estate companies, unfair builder-buyer agreements, and delays in the delivery of real estate projects, the Department of Consumer Affairs on Tuesday, April 18, held a Round Table Conference in Mumbai, Maharashtra.

DBS Bank to enter affordable home loan segment this fiscal

DBS Bank to enter affordable home loan segment this fiscal

Tue, Apr 11, 2023

DBS Bank India on Tuesday said it will enter the affordable home loan segment by the end of this financial year as the lender looks to expand the retail portfolio. The bank is looking to launch the product during the fourth quarter.

Birla Estates buys 5.76 acre land in Pune to build Rs 2,500 crore worth housing project

Birla Estates buys 5.76 acre land in Pune to build Rs 2,500 crore worth housing project

Thu, Apr 06, 2023

"This land parcel is located in one of the most premium locations in Pune with an estimated revenue potential of about Rs 2,500 crore," Birla Estates said. The company plans to develop a premium residential project.

Sales of residential flats up 20% across these 7 cities in January-March quarter

Sales of residential flats up 20% across these 7 cities in January-March quarter

Wed, Apr 05, 2023

Real estate consultant JLL India on Wednesday said sales of apartments in January-March across seven major cities rose 20 per cent to 62,040 units, the highest quarterly sales in the last 15 years.

M3M India acquires 3-acre land in Noida for Rs 250 crore; to invest Rs 350 crore more on development

M3M India acquires 3-acre land in Noida for Rs 250 crore; to invest Rs 350 crore more on development

Wed, Mar 15, 2023

M3M India will develop 9 lakh square feet of saleable area in this project, out of which 5.5 lakh square feet will be retail. Each studio apartment would be of 700-800 square feet. The company will invest Rs 350 crore on construction.

Max Estates to invest around Rs 3,400 crore to develop four new projects in Noida, Gurugram

Max Estates to invest around Rs 3,400 crore to develop four new projects in Noida, Gurugram

Fri, Mar 10, 2023

Recently, New York Life Insurance Company announced an investment of Rs 290 crore to acquire a 49 per cent stake in Max Estates' upcoming commercial project in Gurugram.

Housing.Com ties up with fintech firm Niro to offer facility to pay rent on credit

Housing.Com ties up with fintech firm Niro to offer facility to pay rent on credit

Thu, Mar 02, 2023

Housing.Com, which is part of Australian firm REA, has started this credit solution -- Rent Now Pay Later (RNPL) service, in partnership with Bengaluru-based Niro.

Rise in rent in post-pandemic era driving investment in real estate, boosting growth

Rise in rent in post-pandemic era driving investment in real estate, boosting growth

Wed, Mar 01, 2023

According to experts, the commercial housing market is the accelerator of growth and sustainer of the sector and is set to witness potentially its best year in the future.

Registration of properties in Mumbai falls 11% to 9,268 units in February

Registration of properties in Mumbai falls 11% to 9,268 units in February

Tue, Feb 28, 2023

Real estate consultant Knight Frank India said Mumbai city (area under BMC jurisdiction) saw property sales registration of 9,268 units in February 2023. The registration of properties contributed over Rs 1,084 crore to the state revenues.

Rents on Roll: NCR's Golf Course Extension sees highest growth of 18% since 2019

Rents on Roll: NCR's Golf Course Extension sees highest growth of 18% since 2019

Mon, Feb 13, 2023

Pune's prominent micro-markets Hinjewadi and Wagholi saw average monthly rentals for a standard 1,000 sq. ft. home go up by 20 per cent and 21 per cent respectively in this period. Bengaluru's Whitefield recorded approximately 18 per cent average rental growth - from Rs 19,000 a month in 2019 to Rs 22,500 in 2022.

NAREDCO to UP govt: Charge simple interest on total land due

NAREDCO to UP govt: Charge simple interest on total land due

Sat, Jan 21, 2023

Realtors apex body NAREDCO has urged the Uttar Pradesh government to charge simple interest on builders' land dues or adopt Haryana's policy to waive 75 per cent of interest portion on the total outstanding amount.

From Location to Orientation: These 5 factors determine value of your property

From Location to Orientation: These 5 factors determine value of your property

Fri, Jan 13, 2023

Factors such as the layout, position of the floor a project is situated on, the Vastu-orientation, and the view from the property tend to have significant roles in how a property is evaluated

Realty sees surge in setting up of investment platforms; partnerships worth USD 4.5 bn announced in 2022: Report

Realty sees surge in setting up of investment platforms; partnerships worth USD 4.5 bn announced in 2022: Report

Wed, Jan 11, 2023

Foreign as well as domestic investors tie up with real estate developers to establish an investment platform for the development of different realty projects like warehousing parks, office assets, student housing and data centres among others.

Housing sales momentum to sustain in 2023 with likely moderation in inflation: JLL India

Housing sales momentum to sustain in 2023 with likely moderation in inflation: JLL India

Fri, Jan 06, 2023

The annual sales of 2,15,666 units recorded in 2022, the highest in over a decade, next to the peak seen in 2010 at 2,16,762 units, it added.

Why you should invest in real estate: 5 reasons

Why you should invest in real estate: 5 reasons

Wed, Jan 04, 2023

Reasons to invest in Real Estate this year: Investment in realty clearly assures a plausible customer engagement, even more so if one is in ownership of property in popular and well-oiled infrastructurally growing realty corridors.

Shapoorji Pallonji's housing platform Joyville to invest Rs 750 crore on new project in Pune

Shapoorji Pallonji's housing platform Joyville to invest Rs 750 crore on new project in Pune

Wed, Jan 04, 2023

The company will develop nearly 1,350 housing units, including duplexes and penthouses, in this new 9-acre project with an estimated sales revenue of over Rs 1,000 crore.

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