New projects come in the wake of Macrotech Developers reporting a 21 per cent increase in sales bookings to a record ₹4,290 crore during the July-September period earlier this month Source: Business Line…
View More Macrotech Developers to initiate housing projects worth ₹10,000 crore by March in MMR, Pune, BengaluruCategory: Business
DLF’s sales bookings rise 66% to ₹7,094 crore from April to September despite weak Q2
DLF’s sales bookings jumped over three-fold to around ₹6,400 crore during the first quarter of this fiscal from ₹2,040 crore in the year-ago period Source: Business Line…
View More DLF’s sales bookings rise 66% to ₹7,094 crore from April to September despite weak Q2DLF Q2 consolidated net profit up 121 per cent
Consolidated revenues saw a 48 per cent increase y-o-y to ₹2,181 crore. It stood at ₹1,477 crore in the year-ago-period. Source: Business Line…
View More DLF Q2 consolidated net profit up 121 per centAcross cities, rising residential rents pinch tenants
Home rents have shot up by 26-67 per cent leaving consumers with little money for discretionary spending Source: Business Line…
View More Across cities, rising residential rents pinch tenantsMindspace REIT NOI crosses ₹500 cr for first time in Q2
The REIT reported 6 per cent higher revenue at ₹623 crore Source: Business Line…
View More Mindspace REIT NOI crosses ₹500 cr for first time in Q2A private 5G network box that can work even in remote locations
Developed by a startup funded by IIITB COMET Foundation, the customisable Private 5G Box works similar to a public mobile network and can be accessed by inserting private sim cards into mobile sets Read More | Source: The Hindu…
View More A private 5G network box that can work even in remote locationsEmbassy REIT Q2 NOI up 12%; raises leasing guidance for FY25
Over half of its properties across Bengaluru, Mumbai and Chennai saw an average occupancy of around 95 per cent Source: Business Line…
View More Embassy REIT Q2 NOI up 12%; raises leasing guidance for FY25Housing loan growth slows as interest rates and property prices surge
Recent data from the RBI on gross bank credit by major sectors shows that the year-on-year growth in housing loans was 13.1 per cent in August 2024, a steep drop from 40.5 per cent in August 2023. Source: Business Line…
View More Housing loan growth slows as interest rates and property prices surgeGodrej Properties Q2 net profit surges fivefold; bottomline aided by deferred tax liability
During the quarter, Godrej Properties sold houses worth ₹5,198 crore, up 3 per cent on year while collections rose 68 per cent to ₹4,005 crore Source: Business Line…
View More Godrej Properties Q2 net profit surges fivefold; bottomline aided by deferred tax liabilityPune’s home sales value surges 19% in Q3 2024 despite a slight dip in transactions
Based on data from the Inspector General of Registration (IGR), the city’s home sales value jumped 19 per cent year-on-year (YoY), reaching ₹13,865 crore Source: Business Line…
View More Pune’s home sales value surges 19% in Q3 2024 despite a slight dip in transactionsHyderabad real estate developers shake off HYDRAA blues
The body said that CM Revanth Reddy’s assurance that buildings with approvals will not be touched has instilled confidence in investors Source: Business Line…
View More Hyderabad real estate developers shake off HYDRAA bluesBaashyaam to invest ₹420 crore to develop the commercial-cum-residential property Crowne Plaza
The units in the property, which once used to be a famous hotel, will be one of the costliest in the city Source: Business Line…
View More Baashyaam to invest ₹420 crore to develop the commercial-cum-residential property Crowne PlazaHousr plans to open around 30 co-living centres with 3,000 beds
Housr aims to have over 8,000 beds in 100 properties by March 2025 Source: Business Line…
View More Housr plans to open around 30 co-living centres with 3,000 bedsMicromitti Real Estate Ventures plans to launch REITs
Micromitti will use technology to enable fractional ownership to provide flexibility and strong returns for retail investors, says Founder & CEO Manoj Dhanotiya Source: Business Line…
View More Micromitti Real Estate Ventures plans to launch REITsGodrej Properties wins bid for 6.5-acre land parcel in Mumbai’s Kharghar, stock advances
The developer plans to build a premium residential project with an estimated revenue potential of ₹3,500 crore Source: Business Line…
View More Godrej Properties wins bid for 6.5-acre land parcel in Mumbai’s Kharghar, stock advances