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Festive Shopping Surge: E-Commerce Giants Report Record Sales

E-Commerce Boom Kicks Off the Festive Season As the festive season begins, major e-commerce players like Flipkart, Amazon, Myntra, and Meesho have reported a significant surge in sales, signaling a promising start to this year’s shopping extravaganza. According to Datum Intelligence, the first three days of sales, beginning September 26, generated a staggering Rs 26,500 […]

BharatPe and Ashneer Grover Reach Definitive Settlement: A New Chapter Begins

Settlement Ends Years of Legal Turmoil BharatPe has officially settled its long-standing legal disputes with former co-founder Ashneer Grover, marking a significant turning point for both parties. The resolution allows Grover to fully sever ties with the company, relinquishing any shareholding and paving the way for a fresh start. Terms of the AgreementUnder the terms […]

"Skyline Surge: India's Luxury Boom Faces Contractor Crunch"

Mumbai Real Estate Boom: Property Registrations Surpass 100,000 in Record Time

Historic Surge in Sales Signals Market Resilience Mumbai, September 30, 2024: The Mumbai real estate market has achieved a remarkable milestone, surpassing 100,000 property registrations in the first nine months of 2024. With a total of 105,664 properties registered, this marks a 12% increase compared to the previous year, reflecting sustained buyer confidence and robust […]

New Guidelines from U.P. RERA to Ensure Transparency in Real Estate Advertising

Promoters Must Adhere to RERA Regulations for Customer Protection In a move aimed at enhancing transparency and protecting homebuyers, the U.P. Real Estate Regulatory Authority (U.P. RERA) has mandated that all promoters strictly follow the provisions of the RERA Act 2016 in their advertising and promotional activities. Key Requirements for Advertisements Promoters are now required […]

Young Tycoons: Wealthy Indian Minors Are Now Investing in Global Real Estate

A New Trend in Overseas Property Ownership In a surprising shift in real estate dynamics, wealthy Indian minors are stepping into the global property market, with families investing in high-value overseas assets in regions like California, Dubai, and London. The UAE has emerged as a preferred destination for these investments, facilitated by the Reserve Bank […]

Real Estate Market Sees Surge Ahead of Festive Season in India

The Dream of Homeownership Homeownership is a dream for many, often seen as a major milestone in life. People invest considerable effort and resources to make this dream a reality, waiting for auspicious times to secure their perfect homes. Recently, buying a home has not only become a necessity but also a status symbol and […]

Crude Oil Prices Dip: Are Cheaper Petrol and Diesel on the Horizon?

Retail Fuel Prices May Drop as Margins Improve A recent decline in crude oil prices is creating an opportunity for state-owned oil marketing companies (OMCs) in India to reduce petrol and diesel prices by Rs 2-3 per litre. According to the rating agency ICRA, the average price of crude oil India imports fell to USD […]

India’s Manufacturing Boom Fuels Surge in Warehousing Demand

New Report Highlights Key Growth Trends in Industrial Real Estate National – Sept 27, 2024 – CBRE South Asia Pvt. Ltd, the leading real estate consulting firm in India, has released an insightful report titled Fortifying India’s I&L Landscape with a New Manufacturing Growth Formula. The findings underscore a substantial increase in warehousing demand, closely […]

NRI Investment in Indian Real Estate Surges Post-Pandemic

A Renewed Interest in Property Ownership The Indian real estate market is witnessing a resurgence of interest from Non-Resident Indians (NRIs), particularly following the COVID-19 pandemic. A growing number of NRIs are purchasing properties across various cities in India, driven by a desire for secure homes with better amenities, investment stability, and a wish to […]

India’s Real Estate Revolution: A $1 Trillion Future Awaits

Transformative Growth Positions India Among Global Leaders India’s real estate sector is undergoing an unprecedented transformation, now ranking 9th globally for home appreciation, according to the Knight Frank Global House Price Index. With a notable annual increase of 5.5% in housing prices for the second quarter of 2023, this rise signifies a major shift in […]