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Faridabad’s Surge: The New Real Estate Hotspot of the NCR

Faridabad’s Surge: The New Real Estate Hotspot of the NCR

Transformative Growth on the Horizon Faridabad, once a quiet industrial town, is rapidly evolving into one of the fastest-growing cities in the National Capital Region (NCR). The city’s impressive growth trajectory is driven by planned infrastructure and strategic developments, significantly enhancing both its residential and commercial real estate sectors. With the introduction of new expressways, […]

Lodha Apologises After Goa Government Labels Ad “Objectionable” and “Hurtful”

Goa Government Calls Out Controversial Advertisement The Goa government has taken strong action against a real estate advertisement by *The House of Abhinandan Lodha, terming it “objectionable” and “obnoxious.” The ad, which carried the caption *”Delhi, rulers of India, now conquer Goa”**, sparked outrage, leading the government to issue a stern notice to the developer, […]

Real Estate Sector’s Fundraising Surge: A Record-Breaking Year in Equity Markets

QIPs Lead the Charge with Historic Highs Real estate companies have successfully raised Rs 14,572 crore through initial public offerings (IPOs) and qualified institutional placements (QIPs) till August 2024, marking the sector’s second-best performance since 2007, as per market data from Prime Database. The record was set in 2007 with Rs 17,509 crore in equity […]

Aranyakaa Farms Unveils Landmark Sustainable Project: H2O – Harvesting a Brighter Tomorrow

Leading the Path to a Water-Secure Future Bangalore, 14th Sept 2024 – In a groundbreaking move towards sustainable development, Aranyakaa Farms announces the launch of their 10th project, H2O – Harvesting a Brighter Tomorrow. This 61-acre sustainable farmland, located at Beragai near Bangalore, is a timely response to the city’s growing water crisis, championing innovative […]

MHADA Mumbai Board Lottery 2024: Last Call for Home Buyers – Apply Before September 19 !

Hurry! Over 75,000 Applications Received for 2,030 Affordable Homes The clock is ticking! With the final application submission deadline fast approaching, more than 75,000 aspiring homeowners have already applied for MHADA’s Mumbai Board Lottery 2024. If you’re looking for affordable housing in Mumbai, make sure to submit your application before September 19, 2024, by 12:00 […]

Puravankara Expands Footprint with Major Redevelopment Projects in Mumbai and Bengaluru

South Mumbai Project: A Luxurious Milestone Bengaluru-based real estate developer Puravankara announced its acquisition of redevelopment rights for the prestigious Miami Apartments located in Breach Candy, South Mumbai. This new project, set in an area known for its high-end real estate with rates between ₹1,25,000 and ₹1,40,000 per sq ft, marks Puravankara’s entry into the […]

Navigating the Challenges: RBI Governor Warns of Risks in Global Commercial Real Estate

Global Commercial Real Estate Pressure Could Impact Banks In a recent address at the Future of Finance Forum 2024 hosted by the Bretton Woods Committee in Singapore, RBI Governor Shaktikanta Das highlighted concerns regarding the global commercial real estate (CRE) sector. He warned that ongoing pressures in this sector might place banks at risk of […]

Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth

Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth

Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth Strong Financial Performance for Q1 FY25 Interarch Building Products Limited (BSE Code: 544232) (NSE: INTERARCH) continues to build on its growth trajectory with notable financial results for the first quarter of FY25, ending June 30, 2024. Revenue: INR 303.4 Cr, reflecting a […]

Bengaluru Takes the Lead: Large Office Space Transactions Soar in H1 2024

Bengaluru Takes the Lead: Large Office Space Transactions Soar in H1 2024

Dramatic Growth in Large Office Spaces In the first half of 2024, large office spaces (over 100,000 sq ft) have driven 45% of all commercial transactions across India’s top eight cities, according to Knight Frank India. This marks an impressive 54% year-on-year growth from 10.18 million sq ft in H1 2023 to 15.69 million sq […]

"Why Bill Gates' Company Is Investing in Real Estate in Pune"?

“Why Bill Gates’ Company Is Investing in Real Estate in Pune”?

Microsoft Expands Pune Footprint with Strategic Land Purchases. Microsoft Strengthens India Presence with Major Investment in Pune. Mumbai, 13th September 2024: Microsoft has made significant strides in enhancing its presence in India, acquiring a second land parcel in Pune’s Hinjewadi for a staggering Rs. 453 crore. This purchase comes on the heels of another acquisition […]