One third of the transaction value of an immovable property is attributed to land, which is excluded from and it is not included for calculation of GST calculation

Microsoft acquired land from Indo Global Infotech City

The development will be situated at the former Raptakos, Brett & Company Limited facility, which has been inactive for years. 

Kalwa is experiencing rapid growth due to its proximity to Thane

Luxury home sales buck the trend of sequential slowdown, with houses priced above Rs one crore rupees accounting for nearly 40 per cent of the total home sales in the last quarter

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

The ANSR report anticipates over 25 new GCCs in the sector to emerge in the next 2-3 years, further solidifying India’s position as a global hub

The real estate developer is targeting collections of ₹3800 crore in the current fiscal year

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

The CEO of RMZ Office and RMZ NXT, Thirumal Govindraj, highlighted India’s appeal for GCC expansion due to sophisticated, tech-powered workspaces and lower office rentals

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.

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

The acquisition of the mall would require a different structure to be set in place since it does not have a single owner or promoter

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.

The REIT has already developed two data centers for PDG with an area of 6.3 lakh square feet and the current contract will add 10 lakh square feet to its portfolio

Plans to list insurance arms and focus on retail bad loans

“Located in the rapidly growing West Chennai corridor, this RERA-approved development offers a total saleable area of 1.1 million sq ft (msf) and has a revenue potential of around ₹550 crore to ₹600 crores”

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

Property Share Investment Trust introduces PropShare Platina, a real estate investment scheme with high returns in Bengaluru

The shraadh period this year started on September 18 and ends this week on October 3

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

BL Mumbai Bureau Knight Frank India reports 9 per cent rise in home sales and 27 per cent increase in office leasing in 2024

The project will have a total of 850 apartments, which are in the range of 1,450 sq ft to 2,550 sq ft

The Mumbai-based real estate developer said it was the best quarterly sales ever and it came during a period taken up by the inauspicious ‘shraadh’ period when people avoid making large ticket purchases

Godrej Properties witnessed an 89% increase in bookings year-on-year in the first half of FY25, amounting to ₹13,800 crore, surpassing its full-year booking guidance’s halfway mark and its previous annual bookings in FY23

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.

It acquired the land from PVP ventures

The move aligns with the Group’s vision of utilizing cutting-edge technology to improve the home-buying experience and boost operational efficiency in property sales

The project marks an essential phase in KBC Global’s international ventures, promising residential complexes, low-cost housing and commercial spaces within Liberia’s SEZ

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

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

Affordable housing transactions could be impacted due to clause

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

The Airport city is expected to host a network of business parks comprising 52 per cent of its overall development

Locations like Kelambakkam, Kundrathur and Mangadu are today hotspots for new launches

The joint venture with Kanodia Group’s real estate venture KREEVA has an estimated revenue potential of ₹1,200 crore

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

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

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

The units in the property, which once used to be a famous hotel, will be one of the costliest in the city

The body said that CM Revanth Reddy’s assurance that buildings with approvals will not be touched has instilled confidence in investors

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

During the quarter, Godrej Properties sold houses worth ₹5,198 crore, up 3 per cent on year while collections rose 68 per cent to ₹4,005 crore

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.

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

The REIT reported 6 per cent higher revenue at ₹623 crore

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

Consolidated revenues saw a 48 per cent increase y-o-y to ₹2,181 crore. It stood at ₹1,477 crore in the year-ago-period.

DLF's sales bookings jumped over three-fold to around ₹6,400 crore during the first quarter of this fiscal from ₹2,040 crore in the year-ago period

New projects come in the wake of Macrotech Developers reporting a 21 per cent increase in sales bookings to a record ₹4,290 crore during the July-September period earlier this month