Page 24 - Prachi Pisal

Dharavi: Review of survey documents of 70,000 tenements set to kick start

The survey is being conducted to determine the eligibility of the residents and businesses of Dharavi for rehabilitation, considering the redevelopment of the area

India's office leasing in Q1CY25 hits 19.46 mn sq ft, up 28.4%: JLL

Gross leasing refers to all lease transactions recorded during the period, including confirmed pre-commitments, but not term renewals and deals in the discussion stage

Walmart leases 4.6 lakh sq ft in Chennai for Rs 3.26 crore monthly rent

The rent payable by Walmart will escalate by 4 per cent every year across the lease period that started on January 1, 2025

Mumbai's luxury realty loses sparkle as buyers slip into pause mode

Mumbai - home to industry titans, Bollywood stars - is witnessing a slow offtake of houses priced between ₹10 crore and ₹50 crore. Industry insiders and real estate watchers explained the phenomenon

Lodha brothers Abhishek, Abhinandan settle Rs 5K crore title dispute

Both parties confirmed that 'Lodha Group' and 'HoABL' have no connection with each other. Both entities will communicate the same widely

HDFC Capital creates ₹1.5K cr platform with Eldeco, aims ₹11K cr revenue

HDFC Capital is the investment manager to four Securities and Exchange Board of India-registered Category II alternative investment funds

Realtors may post mixed Q4 results as residential demand moderates

According to Anarock, housing sales across the top seven Indian cities declined by 28 per cent in Q4 FY25, driven by soaring residential prices and geopolitical headwinds

Equity investments in real estate up 74% at $2.9 billion in Q1CY25

Bengaluru, Mumbai, and Delhi-NCR accounted for 67 per cent of the total equity inflows

Ajmera Realty clocks pre-sales worth Rs 1,080 crore in FY25, up 6%

Across FY25, the company launched projects including Ajmera Vihara, Ajmera Iris, and Ajmera Marina

India office rentals head north even as global markets face headwinds: Rpt

Research by Vestian showed that 2024 recorded the highest-ever leasing activity of 70.7 mn sq ft, marking an annual increase of 16%

Dharavi project chief says Mumbai salt pan lands safe for development

Earlier, the government of Maharashtra (GoM) allocated the salt pan land parcels across Mulund, Kanjurmarg and Bhandup to rehouse ineligible Dharavi residents

Auto, realty cos expect sales rebound after RBI slashes repo rate

Sector experts and developers said the decision could draw homebuyers back into the market, particularly in the affordable housing segment

MMRDA secures lines of credit worth Rs 4.07 trillion to develop MMR's infra

MMRDA is the Maharashtra government agency responsible for preparing a regional infrastructure development plan for the MMR

IRB Infrastructure, InvIT clock Rs 6,360 crore in toll revenues, up 23%

In FY24, the company and the InvIT recorded toll revenue of Rs 5,169 crore. The revenue growth in FY25 is significantly above the national Y-o-Y toll revenue growth of 12.5 per cent

Arkade Developers gets redevelopment project in MMR with Rs 865 cr GDV

The project spans 7,084 square metres of area and is expected to deliver a projected saleable carpet area of approximately 2.44 lakh square feet (sq ft)

Godrej Properties records highest-ever Q4, full-year bookings in FY25

At bookings worth Rs 10,163 crore, the company saw a 7% rise year-on-year in the fourth quarter. Booking for the whole FY25 were worth Rs 29,444 crore, up 31%

HoABL denies forgery allegations by Macrotech, files police complaint

HoABL filed the complaint on April 3, 2025, and wrote a letter to the police on April 4, 2025. The complaint is not against any particular person

Adani Ports begins operations at Colombo West International Terminal

The CWIT project represents an investment of $800 million and features a 1,400-metre quay length and 20-metre depth

PE in Indian realty continues to soften amid global headwinds: Anarock

From a peak of $6.4 billion in FY21, investment volumes declined to $3.7 billion in FY25

Lodha clocks record pre-sales of Rs 4,810 crore in Q4 FY25, up 14%

Overall, in FY25, the company's pre-sales or properties sold before they're constructed stood at Rs 17,630 crore, surpassing its annual guidance of Rs 17,500 crore