The company did not give the exact value of the order but classifies ‘significant’ as the order ranging between ₹1,000 crore and ₹2,500 crore Source: Business Line…
View More L&T Construction secures ‘significant’ order from AIIMS MaduraiCategory: Real Estate
Global firms are making a beeline for Chennai’s office space
The share of global firms in the overall office leasing has consistently remained above the 50 per cent mark in the last six years in the city Source: Business Line…
View More Global firms are making a beeline for Chennai’s office spaceMahindra Lifespaces acquires 9.4 acres of land in Bengaluru for housing project
The project will primarily comprise mid-premium residential apartments and is expected to launch its first phase within the next twelve months. Source: Business Line…
View More Mahindra Lifespaces acquires 9.4 acres of land in Bengaluru for housing projectMid and premium segment properties attract 65% of bookings at Fairpro 2024
In Fairpro 2024, apartments emerged as the most sought-after segment, constituting 46 per cent% of the bookings, followed closely by plots and the rest on Villas and commercial spaces, S Sivagurunathan, President of CREDAI Chennai, told businessline Source: Business Line…
View More Mid and premium segment properties attract 65% of bookings at Fairpro 2024Survey for Dharavi redevelopment project to begin March 18
The data will be used by the State government to determine their rehabilitation eligibility criteria under the proposed redevelopment project Source: Business Line…
View More Survey for Dharavi redevelopment project to begin March 18Adani pulls out all stops to make Dharavi slum rehabilitation smooth
The $3 billion project is scheduled to be completed in seven years Source: Business Line…
View More Adani pulls out all stops to make Dharavi slum rehabilitation smoothMacrotech Developers raises ₹3,300 crore via QIP
The book was oversubscribed 3x within five hours of opening, attracting interest from sovereign funds, pension funds, and insurers Source: Business Line…
View More Macrotech Developers raises ₹3,300 crore via QIPKnight Frank’s Liam Bailey: Real estate remains the preferred asset class for ultra-wealthy individuals
Stans Buildtech Homes secures ₹160 crore from SWAMIH Fund for Mumbai SRA project
This deal exemplifies SWAMIH Fund’s commitment to understanding and resolving complex real estate situations, says Suresh Kozhikote of SBICAP Ventures Source: Business Line…
View More Stans Buildtech Homes secures ₹160 crore from SWAMIH Fund for Mumbai SRA projectMadras High Court directs Tamil Nadu Govt to follow 2017 MVG until new guidelines are framed
The Chennai chapter of CREDAI filed a writ before the Madras HC against a February 2023 Circular issued by the Registration Department that revised Guideline Values to prevailing rates until June 8, 2017, from April 1, 2023 Source: Business Line…
View More Madras High Court directs Tamil Nadu Govt to follow 2017 MVG until new guidelines are framedPropTech firm Reloy surpasses ₹1,200 crore in referral sales in CY23
With its innovative business model, built on revenues from homeowners’ love for real estate, Reloy manages close to 1.5 lakh apartments valued at over ₹1.3 lakh crore Source: Business Line…
View More PropTech firm Reloy surpasses ₹1,200 crore in referral sales in CY23As home sales outpace launches, prices stay firm, inventory falls
In 2023 launches by top players in major cities were of the order of 920.6 million square feet while sales were 900 msf Source: Business Line…
View More As home sales outpace launches, prices stay firm, inventory fallsGodrej Properties to build township in Bengaluru with revenue potential of ₹5,000 cr
The project will offer 5.6 million square feet of saleable area, comprising primarily premium residential apartments of various configurations Source: Business Line…
View More Godrej Properties to build township in Bengaluru with revenue potential of ₹5,000 crTransindia Real Estate to sell logistics park in Haryana, divest stake in five others
The company has also sold 10 per cent stake in five other logistics parks Source: Business Line…
View More Transindia Real Estate to sell logistics park in Haryana, divest stake in five othersMarriott International aims at double-digit growth; expansion in tier 2 and 3 cities
The hotel chain has completed 25 years of operations in India; has opened 148 hotels across 17 brands in 40+ cities Source: Business Line…
View More Marriott International aims at double-digit growth; expansion in tier 2 and 3 cities