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Inorbit Malls Expands Footprint: Landmark Acquisition in Hubli Set to Transform Retail Landscape

JLL Brokers Major Deal for Akshay Sky Mall, Highlighting Tier II Market Potential Mumbai, September 19, 2024 – In a pivotal development for the retail real estate sector, Inorbit Malls (India) Pvt Ltd has acquired the ready-to-launch Akshay Sky Mall in Hubli, Karnataka, from Suresh Enterprises Pvt Ltd. With a gross built-up area of 643,319 […]

India Rises to Third Place Globally as an Attractive Real Estate Destination for Foreign Investors

Surging Foreign Interest Places India Third Worldwide for Land and Development Investments India is rapidly ascending the ranks as a prime destination for foreign investors, securing the third position globally for land and development investments in 2024, as highlighted in the latest report by Colliers. This shift is largely driven by substantial inflows into the […]

Haryana Authority Orders Parsavnath Builder to Compensate Delayed Homebuyer

Regulatory Intervention in Real Estate Dispute The Haryana Real Estate Regulatory Authority has directed Parsvnath Developers Limited to pay interest for delays and execute a transfer deed in favor of a homebuyer. According to the agreement, the builder was supposed to hand over possession of the property by April 2011. Details of the Transaction The […]

Deepika Padukone’s KA Enterprises Splurges on Luxury Bandra Apartment: A Rs. 17.78 Crore Investment

A Star-Studded Real Estate Move in Mumbai In a significant real estate development, Deepika Padukone’s KA Enterprises LLP has acquired a lavish apartment in Bandra West for Rs. 17.78 crore. This strategic purchase, confirmed through registration documents reviewed by industry experts, highlights the ongoing trend of celebrity investments in prime properties. Details of the Luxurious […]

Record-Breaking E-Auction Near Jewar Airport: Yamuna Authority Reaps Massive Profits

Revolutionizing Corporate Development in Sector-22E The recent e-auction of 45 plots for corporate offices near Jewar Airport has significantly boosted the coffers of the Yamuna Authority. The auction, which began on July 11 and concluded on September 17, 2024, saw intense competition among buyers, leading to astounding bid amounts well beyond expectations. Unprecedented Auction Results […]

Mumbai: The Billionaire Capital of Asia Where Bollywood Stars Thrive in Real Estate

A New Era of Wealth and Investment Mumbai, often recognized as the commercial capital of India, is now celebrated as Asia’s ‘billionaire capital.’ The city’s real estate market has witnessed unprecedented growth, surpassing even Beijing in attractiveness. This surge has drawn numerous billionaires, celebrities, and industrialists, eager to capitalize on the booming property sector. Bollywood’s […]

India’s Real Estate Boom: A Long Road Ahead for Peak Performance

The Unfolding Real Estate Landscape: Key Drivers and Challenges India’s real estate market is on an upward trajectory, but experts believe it is still years away from reaching its peak. The sector, currently at what is metaphorically described as 9 o’clock on the property clock, is expected to take two to three more years to […]