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‘Phalana Abbayi Phalana Ammayi’ movie review: Slice-of-life romance drama

Writer-director Srinivas Avasarala ventures into a niche zone and succeeds to an extent with Phalana Abbayi Phalana Ammayi, helped by Malvika Nair and Naga Shaurya’s performances




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‘Dasara’ movie review: Nani, Keerthy Suresh lead this gritty, emotional ride

Srikanth Odela makes an assured directorial debut with the Telugu film ‘Dasara’, exploring caste politics in a mainstream format, backed by good performances from the cast led by Nani and Keerthy Suresh




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‘Custody’ movie review: Venkat Prabhu’s mix of conflict and humour works for this Naga Chaitanya, Arvind Swami actioner

Director Venkat Prabhu’s Telugu-Tamil bilingual ‘Custody’ is not among his best, but has plenty going for it




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‘Mem Famous’ movie review: Sumanth Prabhas makes a promising debut in this partially engaging coming-of-age story

Newcomers led by Sumanth Prabhas get the carefree rural Telangana vibe right in the Telugu film ‘Mem Famous’, which shines in a few segments but falls short of being a roller coaster fun ride




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‘Dayaa’ web series review: A solid thriller drama series that has scope for a brilliant follow-up 

Director Pavan Sadineni’s Telugu web series ‘Dayaa’, headlined by J D Chakravarthy’s restrained brilliance, is a gritty series that can leave viewers curious to know more




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Adidas Switch FWD review | Switches forward by mending past and present

The Adidas Switch Fwd series effectively blends the soft EVA foam with the harder TPU plate to give a comfortably cushioned midsole for running on city roads




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‘Peddha Kapu 1’ movie review: A tedious depiction of the rise of common man

Director Srikanth Addala’s ‘Peddha Kapu 1’ is a patience-testing, messy portrayal of the rise of a common man amid class, caste and power struggles 




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Macrotech Developers’ net debt rises 43.5% in Q1 on higher capex for land, construction




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Real estate companies have raised over ₹1 lakh crore in last 20 months

92 per cent of it came through debt issuances




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Arihant partners with Empee Hotels to build new commercial space in Chennai

This project will integrate office space with hospitality services, says a release




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Ravi Menon named chairman of Sobha Group

Sobha Group founder-chairman PNC Menon to retire




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India ranks 31st in JLL's Global Real Estate Transparency Index

The consultant noted that "India has made a remarkable leap forward in JLL's Global Real Estate Transparency Index 2024, reaching the transparent tier for the first time"




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Metro Group eyes ₹1,000 crore revenue from Thane projects

The group plans to introduce one-of-its-kind luxury projects with modern ecosystem for the discerning professionals who prefer Thane over Mumbai




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Positive response to Small and Medium REITs: SEBI Chief

There is an imbalance of power between large institutions and small investors, and regulations have helped foster trust in the system, Says Madhabi Puri Buch




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NBCC sells commercial and office space worth over ₹14,000 cr

The highest price fetched during the e-auction for a unit (at the World Trade Centre) was ₹62,261 per sq ft




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Surge in bank credit to CRE linked to high demand for office and warehouse space

With leasing activities surging across major cities and growing interest from big industrial groups, the commercial real estate market shows promising prospects for future lending and growth




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Ajoy Mehta leaves behind a more compliant real estate sector in Maharashtra

The Maharashtra Real Estate Regulatory Authority’s outgoing chairman did not shy away from wielding the regulatory whip, ensuring that builders realised that homebuyers have the right to expect timely delivery of their houses, with all the promised amenities




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Omaxe Group unveils ₹2,500-crore project in Delhi: 50.4-acre multi-sports and cultural destination

The Omaxe State project is expected to be completed by 2027 and to generate over ₹4,200 crore in revenue during its life-cycle




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Meghna Infracon expands portfolio with new Mumbai residential project 

The project aims to offer 1 and 2 BHK luxurious apartments, with construction already underway




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Rising costs make urban affordable houses unviable for builders

Government’s PM Awas Yojana faces challenges due to rising land prices, construction costs, and pricing limitations for builders




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Dholera SIR attracting ₹2,000-3,000 crore investment annually in land and plots

Formed in 2016, DICDL is owned 51 per cent by the Gujarat government and 49 per cent by the central government




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Bengaluru residential real estate soars amid high demand and limited inventory

Areas such as Bagaluru, Hennur, Whitefield, and Varthur-Sarjapur are witnessing substantial price increases, attributed to pent-up demand from the pandemic




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Microsoft acquires 16.4-acre land in Pune for ₹520 crore

Microsoft acquired land from Indo Global Infotech City




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Birla Estates buys land from Hindalco for ₹537 crore

Kalwa is experiencing rapid growth due to its proximity to Thane




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Brookfield-led consortium completes acquisition of American Tower’s operations in India

The acquisition, valued at $2.2 billion, encompasses approximately 76,000 communications sites, solidifying the consortium’s commitment to advancing India’s connectivity




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NRIs are buying more houses in India than before

According to Anarock Group, there was a 15-20 per cent increase in demand by NRIs in 2023 compared with 2022 and the first half of 2024 has seen similar traction




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Ivanhoe Cambridge divests stake in three joint ventures to partner Lodha

Following the acquisition, Macrotech’s stakes in the entities — Bellissimo Digital Infrastructure Development Management, Palava Induslogic 4, and Bellissimo In City FC Mumbai 1 — will increase to 70%, 66.67%, and 66.67%, respectively.




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Housing demand and supply shows a fall in the September quarter: report

The data shows that launches have been decelerating over the past four quarters while sales have been falling over the last three quarters




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Chennai-based realtor Casagrand files DRHP for ₹1,100 crore IPO

The IPO includes a fresh issue of up to ₹1,000 crore and an offer for sale of up to ₹100 crore by Promoter Selling Shareholders.




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Shriram Finance raises $500 million via social bonds

Plans to list insurance arms and focus on retail bad loans




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Housing sales dipped 11% in Jul-Sept, average prices up by 23% in top 7 cities: Anarock

Among the top 7 cities, Hyderabad saw the highest jump of 32 per cent in average residential property prices




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Institutional investments in real estate advance 45% in July-September: Colliers

Alternate assets, which include data centres, life sciences and schools, did not receive any funding in July-September.




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CREDAI’s strategic collaboration with IIMA unveils advanced real estate leadership programme

This initiative, exclusively available to senior management of CREDAI-affiliated real estate firms across India, aims to provide strategic insights and skills essential for navigating the challenges of the rapidly evolving real estate market.




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Puravankara posts 18% sales growth, nets ₹1,331 cr in Q2FY25

The company’s cumulative sales value reached Rs ₹2,459 crore in H1FY25




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Godrej Properties acquires six land parcels in Jul-Sep to build projects worth ₹9,650 crore

Godrej Properties’ business development additions of ₹12,650 crore in April-September ensure a strong launch pipeline for years to come, says company’s MD & CEO Gaurav Pandey




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Real estate transactions drop 71% in Q3 2024, private equity dominates

Despite the overall fall, the number of deals rose 5% quarter-on-quarter and 54% year-on-year, with a potential revival in Q4. 




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Godrej Properties wins bid for 6.5-acre land parcel in Mumbai’s Kharghar, stock advances 

The developer plans to build a premium residential project with an estimated revenue potential of ₹3,500 crore




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Micromitti Real Estate Ventures plans to launch REITs

Micromitti will use technology to enable fractional ownership to provide flexibility and strong returns for retail investors, says Founder & CEO Manoj Dhanotiya




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Housr plans to open around 30 co-living centres with 3,000 beds

Housr aims to have over 8,000 beds in 100 properties by March 2025




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Pune’s home sales value surges 19% in Q3 2024 despite a slight dip in transactions

Based on data from the Inspector General of Registration (IGR), the city’s home sales value jumped 19 per cent year-on-year (YoY), reaching ₹13,865 crore




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Housing loan growth slows as interest rates and property prices surge

Recent data from the RBI on gross bank credit by major sectors shows that the year-on-year growth in housing loans was 13.1 per cent in August 2024, a steep drop from 40.5 per cent in August 2023.




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Embassy REIT Q2 NOI up 12%; raises leasing guidance for FY25

Over half of its properties across Bengaluru, Mumbai and Chennai saw an average occupancy of around 95 per cent




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Across cities, rising residential rents pinch tenants

Home rents have shot up by 26-67 per cent leaving consumers with little money for discretionary spending




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Festive season pushes demand for new houses

There is a growing demand for houses priced above ₹2 crore




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Property prices rise across cities fuelled by demand, costs, rental yields

A major reason for the spike in prices is also due to higher construction costs




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WeHouse streamlines home construction with transparency, expands to Tier-II cities

By dividing the construction journey into 24 well-defined milestones, the startup provides clients with complete visibility into their projects, aligning payments with milestones to build trust




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Sattva Group plans ₹14,000-crore investment to build 80 m sft of residential, commercial projects

Co-living space a focus area for Sattva Group, eyes co-living capacity of 15-16,000 beds by year-end




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Biz families of Tier-II cities drive-up ultra luxury residential demand in North & West India

‘The Dahlias’ – realty major DLF’s upcoming super-luxury residential project in Gurgaon with units priced upwards of ₹80 crore – is witnessing active buyer interest from some of these Tier-II city-based business families




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IHCL acquires majority stake in Tree of Life Resorts, plans major expansion 

IHCL plans to expand the Tree of Life portfolio from its current 19 properties (plus 2 under development) to 100 properties by 2030




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IBBI pushes for land authorities to join CoC meetings in real estate insolvency cases

Releases discussion paper to revamp real estate insolvency, addressing seven key areas