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  • Omaxe plans to invest close to Rs 4,000 cr in Tier II, Tier III cities in next four years November 20, 2023 09:52 AM IST

    Omaxe plans to invest close to Rs 4,000 cr in Tier II, Tier III cities in next four years

    The company is planning forays into smaller towns over the next few years. The projects will be a mix of residential and commercial ventures, in Tier II cities where the company sees greater scope.

  • Shriram Properties to deliver 2.5 million sq ft of residential space by FY24, eyes sales of Rs 1,500 crore November 20, 2023 08:44 AM IST

    Shriram Properties to deliver 2.5 million sq ft of residential space by FY24, eyes sales of Rs 1,500 crore

    The company is looking forward to launching at least 5.3 msf by the end of FY24 comprising about 5,000 units. The company sees strong growth in the affordable segment, plus the standard growth in demand in all the mid-market and luxury segments.

  • Modi Government @10: Real estate scores hits on policy, but misses on implementation November 20, 2023 09:51 AM IST

    Modi Government @10: Real estate scores hits on policy, but misses on implementation

    Affordable housing and the introduction of the real-estate regulator were the biggest moves. But a lacklustre approach towards the rental housing market was arguably a big miss.

  • 411 infra projects show cost overruns of Rs 4.31 lakh crore in October November 19, 2023 11:41 AM IST

    411 infra projects show cost overruns of Rs 4.31 lakh crore in October

    According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth Rs 150 crore and above, out of 1,788 projects, 411 reported cost overruns and 837 projects were delayed.

  • This cricket fan opted to rent before buying his Gurgaon home | The Tenant November 19, 2023 09:22 AM IST

    This cricket fan opted to rent before buying his Gurgaon home | The Tenant

    On the men's World Cup final day, meet the tenant who is a sports management pro and a die-hard Sachin Tendulkar fan living in Gurgaon's DLF Wellington Phase 5 for over a decade. Dive into the transformation of this space from mere convenience to an irreplaceable community for our tenant. Find out why the absence of a balcony is a deal- breaker for him. Share the remarkable journey of this cricket enthusiast, which culminated in the unforgettable encounter with the “god of cricket”-- Sachin Tendulkar. Watch the latest episode of The Tenant to know more!

  • Yamuna Expressway Authority allots 109 industrial plots; eyes Rs 16,498 crore investment November 18, 2023 11:23 AM IST

    Yamuna Expressway Authority allots 109 industrial plots; eyes Rs 16,498 crore investment

    For the 109 plots, 3,276 applications were received, of which 3,234 were found eligible for the draw. The land parcels were allotted through a lucky draw

  • Navi Mumbai Metro line starts, among 5 infrastructure projects that will boost real estate market November 18, 2023 11:23 AM IST

    Navi Mumbai Metro line starts, among 5 infrastructure projects that will boost real estate market

    The five projects including Navi Mumbai Metro line 1, Navi Mumbai International Airport, Mumbai Trans Harbour Link (MTHL) along with two other projects are expected to ease connectivity and boost Navi Mumbai real estate market.

  • Senior living segment to see demand for 2 lakh units of specialized housing in next few years: ASLI November 17, 2023 07:59 PM IST

    Senior living segment to see demand for 2 lakh units of specialized housing in next few years: ASLI

    According to ASLI, there are currently 50 senior living projects in process from the top 10-12 players and 60 percent of which are in tier II cities this shows the rising demand even in tier II-III cities.

  • Priyanka Chopra Jonas sells two penthouses for Rs 6 crore in Mumbai November 17, 2023 07:33 PM IST

    Priyanka Chopra Jonas sells two penthouses for Rs 6 crore in Mumbai

    The Bollywood actress has been in the news in the past for several transactions in the Mumbai real estate market.

  • Tier II, Tier III cities saw 45% of land deals between Jan 2022 and Oct 2023: JLL report November 17, 2023 04:43 PM IST

    Tier II, Tier III cities saw 45% of land deals between Jan 2022 and Oct 2023: JLL report

    The report added that real estate players entering these cities have enhanced the home buyer confidence, as these developers have a good track record and strong execution capabilities, along with access to institutional capital

  • Brigade Group to develop 2 million sq ft residential space in North Bengaluru November 17, 2023 11:42 AM IST

    Brigade Group to develop 2 million sq ft residential space in North Bengaluru

    It has entered into joint development agreement with Krishna Priya Estates and Micro Labs,

  • Provident Housing to launch its first themed villament in Bengaluru, eyes top line of Rs 600 crore November 17, 2023 08:34 AM IST

    Provident Housing to launch its first themed villament in Bengaluru, eyes top line of Rs 600 crore

    The company said it has already launched about 2 million square feet (msf) to date and plans to take that figure to about 3.3 msf by the end of FY24.

  • Suraksha Realty directors buy two apartments worth Rs 100 crore in Mumbai November 16, 2023 08:18 PM IST

    Suraksha Realty directors buy two apartments worth Rs 100 crore in Mumbai

    Mumbai real estate update: Paresh Parekh and Vijay Parekh have purchased two sea-facing apartments totalling Rs 100 crore from Shree Naman Residency Pvt Ltd and others in Worli area of Mumbai.

  • Five things to know about DDA’s biggest festival housing scheme offering 32,000 flats November 16, 2023 04:17 PM IST

    Five things to know about DDA’s biggest festival housing scheme offering 32,000 flats

    Registration for the scheme will start from next week and the date will be announced soon, DDA officials said. The flats will be located in Dwarka, Loknayak Puram and Narela

  • Moneycontrol Pro Panorama | Will the good times in realty continue? November 16, 2023 03:39 PM IST

    Moneycontrol Pro Panorama | Will the good times in realty continue?

    In this edition of Moneycontrol Pro Panorama: RBI’s credit deployment data add to existing anxiety, FMCG companies may have oversold themselves, investments in agtech is not enough to transform the sector, Indian telecom's leapfrog moment, and more

  • WeWork India adds 4000 desks in Bengaluru, Hyderabad November 16, 2023 02:38 PM IST

    WeWork India adds 4000 desks in Bengaluru, Hyderabad

    The facilities located in Manyata Redwood in Bengaluru, and RMZ Spire in Hyderabad are set to open within the next few months, it added.

  • Mumbai real estate update: Festive season rush reports 30% spike in property registrations November 16, 2023 01:11 PM IST

    Mumbai real estate update: Festive season rush reports 30% spike in property registrations

    In Mumbai real estate market, more than 4,800 properties have been registered in the first 10 days of November, ahead of Diwali, which marks the peak of the festive season.

  • Global Capability Centres to lease around 60-62 mn sq ft of office space in 2023-25 across top six cities in India November 16, 2023 11:42 AM IST

    Global Capability Centres to lease around 60-62 mn sq ft of office space in 2023-25 across top six cities in India

    Sectors including technology, BFSI and engineering and manufacturing to lead leasing activity; Bengaluru continues to account for the largest share in leasing over the six months (Jan’23-Jun’23), while Chennai has witnessed about one-fourth share led by ready institutional supply that entered the market in 2023

  • SC directs Mantri Developers to offer possession of apartment in delayed Bengaluru project November 17, 2023 09:07 PM IST

    SC directs Mantri Developers to offer possession of apartment in delayed Bengaluru project

    The builder had apparently not handed over flats to buyers who had sought legal remedies for the repeated and lengthy delays in handover of the flats.

  • Realtors’ body CREDAI-NCR requests Centre’s air quality panel to lift ban on construction activities November 16, 2023 01:17 PM IST

    Realtors’ body CREDAI-NCR requests Centre’s air quality panel to lift ban on construction activities

    The developers say their losses have run into several hundreds of crores. Also, they fear that construction labour that is sitting idle, might head back home, causing further disruption in the schedules, thereby delaying projects further.

  • Puravankara secures redevelopment projects with GDV potential of Rs 1,500 crore November 16, 2023 01:16 PM IST

    Puravankara secures redevelopment projects with GDV potential of Rs 1,500 crore

    The company believes that redevelopment is the way forward and is scouting for redevelopment projects in western suburbs, South Mumbai and in central suburbs.

  • Southern cities account for nearly 68% share of senior living housing market in India: Report November 15, 2023 05:17 PM IST

    Southern cities account for nearly 68% share of senior living housing market in India: Report

    A report by JLL titled The Rise of Senior Living Market in India has said that the independent living units dominate existing supply with 84 percent market share and 2 BHK units account for around 43 percent of the present senior living supply

  • Puravankara Q2 results: Company posts loss of Rs 11 crore, revenue jumps 54% YoY November 15, 2023 11:11 AM IST

    Puravankara Q2 results: Company posts loss of Rs 11 crore, revenue jumps 54% YoY

    Puravankara Q2 earnings: Revenue from projects stood at 368 crore, up 54 percent YoY.

  • Infrastructure development, budgets fuelling demand for housing projects in smaller cities, towns November 15, 2023 09:11 AM IST

    Infrastructure development, budgets fuelling demand for housing projects in smaller cities, towns

    Some developers are also launching luxury projects in Tier II and III cities that are seeing buyers seeking alternatives to matchbox apartments and urban sprawl

  • Greater Noida Authority floats commercial plot scheme for shopping malls, hotels in six sectors November 15, 2023 07:39 AM IST

    Greater Noida Authority floats commercial plot scheme for shopping malls, hotels in six sectors

    In all 22 commercial plots are being offered in eight sizes for reserve prices between Rs 21.94 crore and Rs 109.1 crore.