As per the FIR, ₹600 crore raised via secured Non-Convertible Debentures for a residential project was fraudulently siphoned off through layered transactions, benefiting promoters and related entities Source: Business Line…
View More ₹600-cr financial fraud case: Pre-arrest bail pleas of four directors of Ecstasy Realty rejectedTag: Real Estate
DLF’s Mumbai comeback project to roll out in July
The real estate developer, whose shares are up 3% this year compared to a drop in a Nifty gauge of local property developers, will have its task cut out as it looks to enter an oversupplied market. Source: Business Line…
View More DLF’s Mumbai comeback project to roll out in JulySharanam Infraproject to set up UAE subsidiary with ₹40 crore investment
The subsidiary will serve as the company’s strategic international arm and will be incorporated under the applicable legal framework in Dubai, UAE Source: Business Line…
View More Sharanam Infraproject to set up UAE subsidiary with ₹40 crore investmentGHR Infra, Lakshmi Infra and Urbanblocks Realty form JV for 63-storey residential project
Located at Neopolis (Kokapet), the outlay for the ‘The Cascades Neopolis’ project is pegged at ₹3,169 crore Source: Business Line…
View More GHR Infra, Lakshmi Infra and Urbanblocks Realty form JV for 63-storey residential projectGodrej Properties bags multiple awards at the Bombay Chamber’s DEI event
The awards ceremony included six categories, of which Godrej Properties won the DEI Champion and LGBTQIA+ inclusion awards Source: Business Line…
View More Godrej Properties bags multiple awards at the Bombay Chamber’s DEI eventDLF’s NRI sales soar, driven by geopolitics and shifting investments
Percentage of NRI sales have moved up from 12-15% a couple of years back. Last year, it was in the 20 per cent range Source: Business Line…
View More DLF’s NRI sales soar, driven by geopolitics and shifting investmentsDLF sells out ₹11,000 crore luxury project in one week
The project, located in Sectors 76 and 77 of Gurugram, spans 17.7 acres and features six towers rising to stilt+50 storeys—the tallest residential structures developed by DLF Source: Business Line…
View More DLF sells out ₹11,000 crore luxury project in one weekHyderabad to host national conference on Next Gen Highrise Buildings
The Hyderabad Centre is organising a 2-day national conference on Next Gen Highrise Buildings, advancements in composite & steel structures on July 11 Source: Business Line…
View More Hyderabad to host national conference on Next Gen Highrise BuildingsBlackstone-backed knowledge realty trust plans $558 million IPO
The offering would mark India’s fifth REIT listing, following IPOs of Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust, and Nexus Select Trust Source: Business Line…
View More Blackstone-backed knowledge realty trust plans $558 million IPORane (Madras) to sell part of its Velachery land to Arihant-Prestige JV
Real estate sources told businessline that the deal is set to close at around ₹200 crore in cash consideration, besides an area share also going to Rane. Source: Business Line…
View More Rane (Madras) to sell part of its Velachery land to Arihant-Prestige JVCumulative recovery rate of security receipts issued by ARCs will increase to 36-38% in FY26: Crisil
The rating agency opined that this improvement will ride on robust sales of new units in these projects, backed by steady demand in the residential real estate sector, on the back of strategic debt restructuring facilitated by the ARCs Source: Business Line…
View More Cumulative recovery rate of security receipts issued by ARCs will increase to 36-38% in FY26: CrisilGodrej Properties acquires 14-acre land in Bengaluru for ₹1,500-crore housing project
In a regulatory filing on Monday, the company informed it will develop a premium residential project on a strategically located 14-acre land parcel in Hoskote, East Bengaluru Source: Business Line…
View More Godrej Properties acquires 14-acre land in Bengaluru for ₹1,500-crore housing projectKerala builders seek to revise affordable housing price cap under PMAY scheme
Current ₹45 lakh price cap unrevised for nearly a decade even as costs have gone up, say builders Source: Business Line…
View More Kerala builders seek to revise affordable housing price cap under PMAY schemeAfter Ramanagara’s renaming, Tumakuru seeks Bengaluru North tag as land prices surge 15%
The development reflects a broader push to expand the city’s boundaries and capitalise on the Bengaluru brand’s real estate and investment appeal Source: Business Line…
View More After Ramanagara’s renaming, Tumakuru seeks Bengaluru North tag as land prices surge 15%DLF to invest ₹5,500 crore to build new luxury housing project in Gurugram
The company will soon launch an 18-acre project ‘DLF Privana North’ in Sector 76/77 Gurugram, comprising more than 1,150 apartments Source: Business Line…
View More DLF to invest ₹5,500 crore to build new luxury housing project in Gurugram