Noida-based firm is also eyeing its sales booking to rise to Rs 3,000 crore during 2018-19 fiscal on the back of improved demand especially from ready-to-move-in apartments, its MD Mohit Arora said
The Commerce Department said Thursday that housing starts last month rose to a seasonally adjusted annual rate of 1.17 million, not nearly enough to reverse the steep 12.9% plunge seen in June as rising lumber
In its place, a new three-layered bridge will accommodate light vehicles or two-wheelers on one level, another level will be designated for highcapacity mass transit
Chairman of Yamuna Expressway Industrial Development authority said they met over 100 farmers of six villages yesterday in Noida and tried to clear their doubts regarding the land acquisition
The total lease tenure is five years including a rental reset after three years from now. The company will be paying rental of Rs 55 per sq ft a month, taking the annual payout to nearly Rs 10 crore
Mumbai’s Powai, Kolkata’s Central Business District, Navi Mumbai, Bengaluru, North (Hebbal-Yelahanka), and Pune’s Bavadhan, Hinjewadi and Bund Garden registered the highest growth in rentals, showed data from Colliers Research
On a year-on-year basis, average new home prices in China's 70 major cities increased 5.8% in July, quickening from a 5.0% gain in June
The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed prices increased 0.8 % on a monthly basis
In percentage terms, the drop is maximum in Bengaluru (21%), where the average apartment area has reduced from 1,750sqft to 1,375sqft
The presence of corporate property buyers has surged recently, with the number of companies bidding for one individual real estate project in certain areas reaching nearly a hundred
The rise in number of launches by developers is led by improvement in homebuyers’ response and marginal drop in inventory levels despite new supply addition
Lakhs of home buyers are stuck in various projects of developers such as Jaypee group, Amrapali, Unitech and The 3C Company
The Mumbai District Central Cooperative Bank (MDCCB) is also encouraging the initiative by extending loans for the task
In addition to the Pune airport, this special planning unit (SPU) will handle MADC’s other aviation projects as well, said Suresh Kakani, the vice-chairman-cum-managing director of MADC
The current housing scheme for PM Awas Yojna and LIG for 14,838 flats will be flagged off by CM on August 13 when registration will start; online application from August 15
India's largest realty firm could dilute up to 50 per cent stake in this 2.5 million sq ft commercial project, DLF's CFO Saurabh Chawla said
3D modelling is streamlining processes; new building methods are allowing entire floors to be built in one go.
The notification, issued by the urban development department last month and entered into the government gazette two days ago, calls it a “vital important urban transport project”
In its first ever release of financial results, the privately held firm said total revenue rose to $421.6 million from $198.3 million in the year-ago quarter as memberships jumped to 268,000 at the end of June from 128,000 a year earlier
The space will have a capacity of 330 seaters
Ansal API and Unitech have expressed their inability to complete the infrastructure work owing to fund crisis, while DLF and Suncity have agreed to complete the pending work within the stipulated time
The Bengaluru-based developer, in a statement, said that it has signed a long-term lease deal with JP Morgan for commercial office space at Embassy TechVillage project
The Gurugram-based company plans to use the funds to expand its presence in major cities across the country by opening 50 centres.
The REIT, registered in 2017 as Embassy Office Parks, is sponsored by Blackstone and Bengaluru-based realty developer Embassy Property Developments
The technology sector dominated SEZ space take-up with over 60% space absorption in the past three years
Members are adopting mobile apps and accommodating modern relationships, but finding hurdles along the way too.
Replying to supplementaries during the Question Hour, Minister of State for Housing and Urban Development Hardeep Singh Puri said the third phase of Delhi Metro involved construction of 190 km rail tracks
M3M has appointed Mace Group, a global consultancy and construction firm, for construction management of 65th Avenue
The mall is part of a larger integrated mixed redevelopment project spread over 65 acres adjacent to Mumbai’s western express highway
Godrej and Boyce Manufacturing Company Ltd had approached the high court challenging the proposed acquisition of its prime property in suburban Vikhroli for bullet train project
The land allotted is worth around Rs 153 crore (market rate) and is located in Mauje-Balewadi
P.R.S. Oberoi, executive chairman, said the ratio between owned, substantially owned and managed hotels in the company was 70:30 and the proportion of managed hotels would increase
These projects allow investors to build homes that cater to their passions, with infrastructure focused on sport, nature, organic farming.
Edelweiss Asset Reconstruction Company is said to be the fourth bidder for Golden Jubilee, which is also developing a much delayed Oberoi hotel in the southern city
The airport is set to come up in greenfield city under the Delhi-Mumbai Industrial Corridor (DMIC) project at Dholera and will be built over four years
Phoenix Mills will invest around Rs 230 crore for its 50% stake in the joint venture
Youngsters are buying realty in areas such as Nashik, Nagpur and Amravati, as infra growth promises quick returns on easy buy-ins.
Addressing the sahreholders at the AGM, chairman N Chandrasekaran said IHCL intends to significantly increase the domestic footprint this year by opening eight new hotels
In fact, when counted jointly by the Airports Authority of India (AAI) and the Surat Municipal Corporation (SMC), it was found that there are 90 buildings which are obstructing the flight path
Police said an FIR was filed against the developers — Aerens Infotech Pvt Ltd and Senior Builders Ltd — on Friday based on a recommendation sent by the department of town and country planning (DTCP) on July 2
ANNIVERSARY SPECIAL: They scoured for months, did extensive research, cashed in savings and borrowed from relatives, but it was all worth it, they say.
Vacancies at leading malls in prominent locations in Mumbai, Pune, Bengaluru and Ahmedabad have dipped to levels last seen in 2016
The civic body had issued an annulment notice for the e-auction last month when the auction had to be cancelled since only the Tata Group's Indian Hotels Company Limited (IHCL)
The company, which is a subsidiary of the US-based hospitality major Choice Hotels International, currently has 29 operating hotels in India
The definition of luxuring is evolving, developers say, as buyers expect not just branding and exclusivity, but the luxe experience.
The move is seen to align with ‘Aspiration 2022’ strategy unveiled by its parent, Indian Hotels Company (IHCL), to become less ownership driven
New online platforms are letting buyers upload documents, select an architect, pick furniture and finish interiors, all at just a few clicks.
The councilor also alleged that the amount accrued in the last eight years had not been submitted by Yashodha
Upcoming projects are set to occupy larger plots and have more F&B, entertainment options such as trampoline parks and sports turfs
The property at 37, Shaheed Bhagat Singh Marg has about 85 rooms, 3 banquet halls and one swimming pool and is situated adjacent to Connaught Place
Restoration and maintenance aren’t easy, but this segment of real-estate offers vintage charm, spacious premises and an exclusivity that complements brand identities.
The offer document of Chalet Hotels is expected to be filed this month and the company is proposing to open the public issue in October, said bankers
Making an area part of the greater metro region helps to keep property prices in check. it gives builders an opportunity to build more and also helps buyers to get more options, say experts.
The asset was e-auctioned by LDA wherein the company emerged as the highest bidder, Phoenix Mills said in a regulatory filing
For Taj Mansingh, Tatas may not face a serious challenge for retaining the Lutyens’ property. NDMC says only one bid was submitted though it don’t know who had submitted it as the tender was not open
Increased investments would boost supply of retail space and it is estimated that about 90 shopping malls would come into the market by 2022 at major cities, it added
Through this second tranche, CPPIB’s investment into ISMDPL has touched Rs 1,662 crore, for a 49% ownership stake, with Phoenix Mills owning the balance 51% stake
On the supply side, close to 2 million sq. ft. of new supply entered the market during the second half of 2017 and majority of this was concentrated in Kolkata, Delhi National Capital Region (NCR), Chennai, Pune and Bangalore
These proposed acquisitions spread over around 2 million sq ft will push Blackstone’s retail portfolio from 5.1 million sq ft to over 7 million sq ft, making it the largest retail mall operator in India
The deal, which was in the final stages of negotiations, was pegged at Rs 450 crore. If it had gone through, it would have been the biggest property deal in the city in the commercial realty space.