The property in Rustomjee Paramount offers excellent connectivity to Vithalbhai Patel Road, Swami Vivekanand Road, and the Western Express Highway, offering residents a convenient commute
The 2,189 sq. ft. apartment in Khar includes three parking slots; Tiger Shroff had purchased it in 2018 for ₹11.62 crore, recording a healthy gain on sale.
Sunteck Realty shares rose 5 per cent after its board approved the issuance of convertible warrants through preferential allotment
Max Estates shares rose 6% after it secured development rights for a 7.25-acre land parcel in Sector 59 in Gurugram
The land parcel has a group housing development potential of 1.3 mn square feet, and will complement its Estate 360 project located on Dwarka Expressway in Sector 36A
Max Estates Ltd has acquired a 7.25-acre land in Gurugram to develop a housing project with an estimated revenue of Rs 3,000 crore, as the company intends to expand business amid strong demand. In a regulatory filing on Saturday, the company informed that the board has approved acquisition of Base Buildwell Private Limited (BBPL). Base Buildwell is a special purpose vehicle holding licence and development rights over the 7.25-acre land parcel located at Sector 59, Golf Course Extension Road in Gurugram. "The outlay associated towards the transaction is expected to be around Rs 534 crore, comprising the acquisition of 100 per cent of the share capital of BBPL on a fully diluted basis comprising 10,000 equity shares of Rs 10 each and 24,17,256 compulsorily convertible debentures of Rs 100 each, and project-level payments toward security deposit, purchase of Transferable Development Rights, and related approvals," the company said. The estimated development potential on this land is
The Indian REIT sector is poised for expansion with at least one new listing annually over the next three to five years, driven by rising occupancies, strong leasing momentum, and investor confidence
Shriram Properties has signed a joint development agreement for 6.5 acres in North Bengaluru, with a ₹500 crore GDV, to launch a premium residential project in the area
Sattva-backed Colive partners with Bain Capital to launch a pan-India co-living platform, with $100 million investment to fuel growth and $20 million in additional strategic funding
Bollywood actor Malaika Arora made a 62% gain on her Runwal Elegante apartment, bought in 2018 for Rs 3.26 crore
Lower costs to be passed on to consumers, move to drive demand
Nehru Delhi bungalow deal: From Nehru's first bungalow in Delhi to Mumbai's sea-facing towers and Gurugram penthouses, India's luxury property market keeps setting new records
GST Council has cut cement tax to 18% and reduced rates on key building materials, easing costs for developers and homebuyers. Experts say the move could revive affordable housing, fuel jobs
India's office real estate is shifting from fragmented ownership to institutionalisation with rising Reit penetration, global investors, and growing demand from multinational occupiers
Delhi-NCR leads with the highest potential of 32 mn. sq. ft. due to its rapidly evolving metro network, ISBTs and urban railway stations
Homes priced above ₹5 crore contributed 6% of registrations, compared to 5% last year, while the ₹2-5 crore segment dipped by 3%
Arkade Developers has signed an MoU to acquire Woollen and Textile Industries Ltd, giving it ownership of a 3.54-acre land parcel in Bhandup West for Rs 148 crore
Realty firm Arkade Developers Ltd on Wednesday said it has bought 14,364 sq metre land in the Mumbai Metropolitan Region (MMR) for Rs 148 crore. In a regulatory filing, the company informed that it has entered into an MoU (memorandum of understanding) to acquire 100 per cent shareholding in Woollen and Textile Industries Ltd. "The proposed acquisition includes a land parcel admeasuring 14,363.60 sq metres located in Bhandup (West). The total consideration for the deal is Rs 148 crore," Arkade Developers said. The company has completed 31 projects comprising 5 million square feet of area so far. It is constructing another 2 million sq ft area. Mumbai-based Arkade Developers is one of the leading real estate firms in the country.
Bengaluru, Hyderabad trail Delhi in Interior Spend: Average ₹5.2-₹4.9 lakh per home
CBRE estimates 106 million sq ft TOD-linked real estate potential in India's top cities, with Delhi-NCR, Mumbai, and Chennai leading growth around major transit hubs