Second Covid-19 wave likely to dash expectations of a sharp recovery in office leasing segment in CY2021: ICRA

  • 19-04-2021 06:56 PM

Long-term prospects, however, appear favourable

Robust IT sector hiring sees 2 mn sq ft office space demand

  • 19-04-2021 01:10 PM

Mumbai, Noida, capitals of southern states witness good demand

Demand for housing back in lower income, middle income segments: NHB

  • 18-04-2021 08:07 PM

Recommends lowering/waiver of stamp duty

GMR announces launch of Hyderabad AeroCity

  • 16-04-2021 01:43 PM

The integrated, mixed-use development will include business establishments, spaces for working & living experience, support infra, among others

Real estate sector attracts PE investments of $3,241 m in January-March 2021: Knight Frank India

  • 15-04-2021 04:26 PM

A spill-over of certain deals from 2020, rise in investor confidence boost momentum

PE investment flow to real estate more than $6.27 b in FY21

  • 16-04-2021 10:22 AM

Average ticket size of PE deals rose by 62% to $178 million in FY21

Land value near metro rail corridors to spike 10-15%: JLL

  • 14-04-2021 06:55 PM

Cities show a uniform rise in value after implementation of a metro corridor, says JLL’s analysis

Ascendas India Trust secures maiden S$100 million sustainability-linked loan from UOB, Singapore

  • 14-04-2021 02:16 PM

The Trust intends to use the proceeds towards refinancing existing borrowings, redevelopment of properties and capital expenditure

WeWork India raises ₹200 cr from investors to grow biz, become profitable in 2021

  • 12-04-2021 02:23 PM

‘Have seen steady uptick in demand from members of all sizes; will continue to remain bullish and focus on growth of flexible workspaces in the country’

RMZ Corp inks jt venture with CPP Investments to build office complexes

  • 12-04-2021 08:28 AM

Canadian firm to invest $210 mn

Shriram Properties files draft papers with Sebi to launch Rs 800 crore IPO

  • 10-04-2021 01:40 PM

Shriram Properties proposes to utilise the net proceeds from the fresh issue towards repayment and/ or pre-payment of debt and general corporate purposes.

My Home Constructions bullish on growth prospects

  • 08-04-2021 02:51 PM

Expects to deliver 8 million sq. ft of built-up space this year.

Covid-19 impact: Office space occupiers continued to be cautious, reassessing real estate portfolios

  • 08-04-2021 01:20 PM

Q1 space absorption down by 33% to 5.53 million sq ft Vs Q1 absorption of 8.24 million sq ft last year

Real estate body to focus on consolidation, sector revival

  • 07-04-2021 10:18 PM

To work towards tax-related issues, uniform stamp duty

Builders body wants Maharashtra govt to ease SOP

  • 07-04-2021 07:25 PM

To capture sales during GudiPadwa, Akshaya Tritiya

Sobha clocks record sales bookings of ₹3,137 cr in FY’21 despite Covid

  • 05-04-2021 08:39 PM

Sales improved by 9 per cent in value terms when compared to FY'19-20

Hyderabad Property Show 2021 postponed due to Covid restrictions

  • 02-04-2021 05:32 PM

The Confederation of Real Estate Developers’ Associations of India has announced the postponement of the 10th edition of the CREDAI Hyderabad propert

HDFC Capital, Cerberus partner for last-mile funding of residential projects

  • 13-04-2021 09:50 PM

HDFC Capital Advisors and an affiliate of Cerberus Capital Management have partnered to target the creation of a special situations platform focused o

Aparna Constructions to launch eight new residential projects this year

  • 01-04-2021 04:32 PM

Aparna Constructions & Estates has announced plans to launch eight new residential projects during 2021, including their 58th residential project,

Ascendas India Trust to buy 1.65 mn sq ft at IT Park in Bengaluru for ₹1,441 cr

  • 29-03-2021 12:55 PM

The total purchase consideration for the transaction would depend on certain factors, including final rentals achieved

Mahindra Lifespace Developers signs pact for new project in Kalyan

  • 25-03-2021 09:18 PM

Mahindra Lifespace Developers Ltd. has entered into an agreement to acquire 10.3 acres of land in Kalyan. This new project will offer approximately 7

Sustained growth in property sales shows buyer confidence coming back: JLL

  • 25-03-2021 02:54 PM

Residential sales stood at 25,583 units in the first quarter of 2021

Housing sales in top 7 cities breach pre-Covid19 levels in Q1

  • 25-03-2021 01:32 PM

58,290 homes sold in Q1 2021 vs 45,200 units in Q1 2020

Tile adhesive brand Roff to strengthen its presence in Kerala

  • 25-03-2021 05:02 PM

Roff, a leading tile and stone solutions brand from the house of Pidilite Industries, has unveiled several initiatives to strengthen its presence in

Macrotech Developers’ Mangal Prabhat Lodha tops real estate rich list

  • 23-03-2021 03:36 PM

The wealth of the top 100 Indians in the real estate sector has risen 26 per cent from 2019 to Rs 3.49-lakh crore; Bijay Kumar Agarwal of Sattva Developers was the fastest riser, reporting 290 per cent growth

Sobha to explore new opportunities via joint development

  • 23-03-2021 02:07 PM

These models are less capital intensive and offer a better internal rate of return

Mumbai, Bengaluru and Pune top on property investment list: study

  • 17-03-2021 02:29 PM

Mumbai Metropolitan Region (MMR), Bengaluru, and Pune are currently the top three markets for buying homes for end-use and investment, according to a

Prestige Group launches premium plotted development in north Bengaluru

  • 15-03-2021 03:24 PM

Prestige Park Drive is located close to Kempegowda International Airport

Bengaluru to see large-size office space deals in 2021: report

  • 12-03-2021 03:02 PM

Bengaluru is likely to see large-sized deals above 100,000 square feet area, and it is expected to form a major portion of the projected leasing in 2

Post Blackstone deal, Prestige Estates net debt reduces to ₹997.5 crore

  • 10-03-2021 09:46 PM

Prestige Estates Projects Limited has completed phase-1 of proposed transaction with Blackstone Group which included 100 per cent stake sale in six c

IndoSpace, METL to jointly develop industrial park in Haryana

  • 10-03-2021 07:05 PM

The real estate firm has acquired a 55-acre plot at Farukhnagar in Haryana

Bill passed to regularise unauthorised colonies in Delhi

  • 10-03-2021 07:44 PM

The ordinance had extended the deadline to 31 December, 2023

Covid-19 could see housing sales volume fall 34% in FY21: India Ratings

  • 10-03-2021 03:47 PM

It expects residential real estate sector to stage sharp K-shaped recovery next financial year

Ind-Ra revises construction sector outlook to ‘improving’ for FY22

  • 10-03-2021 02:58 PM

India Ratings and Research (Ind-Ra) has revised the construction sector outlook to improving for FY22 from negative for FY21 and revised the rating

Kotak Special Situations Fund acquires Prius Commercial Projects for ₹450 crore

  • 10-03-2021 01:24 PM

Kotak Special Situations Fund (KSSF), which is managed by Kotak Investment Advisors Limited (KIAL), Wednesday. announced that it had acquired Prius C

Asset Homes wins 4 national awards

  • 10-03-2021 01:09 PM

Stood at second position in the best professionally managed company (₹10-cr - ₹500-cr) category

Puravankara enters Mumbai with ultra-luxury project ‘Purva Clermont’

  • 09-03-2021 04:04 PM

The project will see four towers with a total of 233 residential units and one tower of 79 commercial units

Online custom furniture platform WoodenStreet to invest $4-5 million to expand warehousing capacity

  • 08-03-2021 02:16 PM

WoodenStreet, a Jaipur-based online custom furniture platform, is to invest about $5 million in the next two-three years to expand its warehousing cap

Embassy REIT gets regulatory approval for simplifying ownership of key portfolio assets

  • 06-03-2021 01:50 PM

Embassy Office Parks REIT (Embassy REIT), a publicly listed REIT company, has announced that it has received approval from the National Company Law Tr

Ascendas India Trust to buy Casa Grande’s project

  • 05-03-2021 09:52 PM

The industrial facility near Chennai is likely to be completed by middle of this year

M.P., West Bengal, Odisha top in land records digitisation: N-LRSI index

  • 04-03-2021 07:14 PM

Almost all States/UTs have shown improvement in their digitisation efforts

Watertec plans big expansion in FY22

  • 04-03-2021 04:01 PM

Coimbatore-based plumbing and bathroom solutions provider to set up 3 manufacturing units, 24 retail showrooms

2-BHK continues to be the preferred option for Chennai home buyers: PropTiger

  • 03-03-2021 10:13 PM

As the residential market recovers from Covid-19 impact, two-bedroom, hall, kitchen apartments continued to be the most preferred configuration amon

IPO-bound Lodha Developers seeks to drop Abhinandan from promoter group

  • 03-03-2021 09:30 PM

Lodha Developers, India’s one of largest real-estate companies that has now been rechristened as Macrotech Developers, has made an application to mark

Warehousing in 2021 to be driven by in-city requirements to cater to urban needs

  • 03-03-2021 01:54 PM

Warehousing stock in top eight cities has added 27 million square feet to reach a total of 238 million square feet in 2020

Co-living start-up Settl. launches facility in Hyderabad

  • 02-03-2021 06:11 PM

Settl., a managed accommodation provider, has started operations in Hyderabad with its first managed property in the IT hub of Madhapur near HITEC Ci

Brigade Group ropes in Clairco to deploy air quality monitoring, purification tech

  • 02-03-2021 05:12 PM

Brigade Group has engaged Clairco, a former Brigade REAP incubatee, to install the startup's proprietary air purifying solution at Brigade’s Head Off

Bengaluru’s office sector strengthens bond with institutional investors

  • 02-03-2021 02:41 PM

Large developers with singly-owned asset portfolios, high occupancy levels, strong demand from global occupiers, and progressive FDI norms have been big catalysts for the city’s enhanced prominence on the global office map

Embassy Group, Ivanhoé Cambridge to launch commercial realty investment platform

  • 02-03-2021 01:50 PM

The two companies will invest $500 million in 80:20 ratio, with an initial focus on Bengaluru and Chennai

Piramal appoints Saurabh Mittal as CTO of retail finance business

  • 02-03-2021 05:36 PM

 Piramal Capital and Housing Finance on Tuesday announced the appointment of Saurabh Mittal as Chief Technology Officer of its retail finance business

In these turbulent times, Embassy REIT’s business is resilient, starting the next phase of growth

  • 02-03-2021 11:13 AM

In office space leasing, we remain positive on the growth trend and expect demand recovery to gain strength from the second half of this year: CEO Michael Holland

Godrej Properties buys 1.5 acre land parcels for ₹166 crore in Mumbai

  • 01-03-2021 10:41 AM

The project in Navi Mumbai offers about 4 lakh square feet of development potential, comprising primarily of premium residential apartments

As pandemic drags into 2021, office space volumes to remain subdued in H1 2021: Colliers International

  • 26-02-2021 03:36 PM

As the pandemic drags into 2021, office space transactions volume will remain subdued over the first-half of calendar 2021, said Siddhart Goel, Senio

Mahindra Lifespace Developers acquires land for residential project in Bengaluru

  • 26-02-2021 03:17 PM

Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, on Friday announced that it has acquire

CCI gives nod for NAM Estates and Embassy One merger into Indiabulls Real Estate

  • 25-02-2021 08:30 PM

The Competition Commission of India (CCI) has approved a combination involving the merger of NAM Estates Private Ltd (NAM Estate) and Embassy One Comm

Embassy, Indiabulls Real Estate amalgamation gets key approvals

  • 25-02-2021 04:09 PM

Merger process progressing to completion in a timely manner, say companies

Infra.Market raises $100 mn in Series C round led by Tiger Global

  • 25-02-2021 08:16 PM

This round values the company — a marketplace for quality construction materials — at $1 bn; caters to institutional customers (B2B) and retail outlets (D2R)

A 1,100 sq ft house sets buyers back by $1 m

  • 24-02-2021 07:56 PM

For the same price, in Delhi they will get twice as much and in Bengaluru thrice

In tune with times, IKEA’s campaign highlights ‘Home is where it all begins’

  • 23-02-2021 04:46 PM

The campaign will run on TV in Telangana and Mumbai markets on regional channels

Residential realty recovers on consolidation: ICRA

  • 23-02-2021 11:38 AM

Large, listed players double market share this year; adverse impact on smaller developers weighs heavily

Large resident welfare associations may have to pay GST retrospectively

  • 22-02-2021 08:46 PM

Experts divided over the interpretation

US home construction falls 6 per cent in January

  • 18-02-2021 08:41 PM

US home construction fell 6 per cent in January but applications for building permits, which typically signal activity ahead, rose sharply.The decline

315Work Avenue leases around lakh sq ft workspace in Bengaluru

  • 18-02-2021 07:27 PM

315Work Avenue, a coworking space provider, has taken a total of one lakh sq ft of office space on lease in Bengaluru to set up two new centres as par

TEC opens two more centres; crosses a million sq ft in India

  • 18-02-2021 03:06 PM

Invests over ₹40 crore in the two centres

Millennial prefer home ownership over renting: Survey

  • 17-02-2021 04:42 PM

The survey findings were unveiled on Wednesday by CII and Anarock at the 3rd CII Real Estate Confluence themed ‘Indian Real Estate Vision 2025’

Lodha Developers files draft papers with SEBI for ₹2,500-cr IPO

  • 17-02-2021 02:48 PM

Reviving its IPO plan for the third time, realty major Lodha Developers has filed draft papers with market regulator SEBI for its proposed initial p

Prestige group acquires 99% in Ace Realty Ventures

  • 17-02-2021 10:48 AM

Prestige group, the Bengaluru-based real estate developer, has acquired 99 percent in the partnership firm – Ace Realty Ventures. Ace Realty Ventures

Ascendas India Trust signs up for acquisition of aVance 6 in Hyderabad

  • 16-02-2021 02:01 PM

The Agreements were executed with the shareholders of Phoenix IT Infrastructure India Private Limited to acquire an IT SEZ building with a total floor area of approximately 6,39,495 square feet

ED arrests businessman in PMLA case against Mumbai realty group

  • 15-02-2021 09:52 AM

The ED also claimed that “loans to the tune of ₹410 crore were diverted and not used for intended purposes”

Embassy REIT posts ₹214.79 crore Q3 profits

  • 12-02-2021 07:40 PM

Declares distribution of ₹4.55 per unit

Sobha Limited posts ₹21.60 crore Q3 profits

  • 12-02-2021 07:43 PM

“Real estate cash inflow and net cash flow achieved during Q3-21 is the highest in the last 10 quarters,” says JC Sharma, Vice Chairman and Managing Director

Builders, construction contractors on strike on February 12

  • 11-02-2021 10:15 PM

Allege cartelisation by cement, steel players for steep price hike of raw material

Prestige Group posts ₹87-cr profit in Q3

  • 11-02-2021 09:03 PM

Prestige Estates Projects Limited (Prestige Group) has posted 59.42 per cent lower profits at ₹87.8 crore on a consolidated basis for the third quarte

Education, Real Estate, BFSI show sequential growth in hiring in January: Naukri JobSpeak

  • 11-02-2021 03:42 PM

The report noted that the Education/Teaching domain sector saw an 11% increase in hiring

Real estate developer CASAGRAND targets ₹2,500 crore in sales this fiscal

  • 10-02-2021 04:56 PM

CASAGRAND, a leading real estate developer in South India, is aiming to achieve over ₹2,500 crore in sales in the current financial year. The company

ANAROCK announces land deal of 20 acres in Kolkata

  • 10-02-2021 04:08 PM

ANAROCK Property Consultants' land division has announced the culmination of a land deal for 20 acres at Kolkata's 262-acre Batanagar township in the

Budget reinforces govt focus on affordable housing: Niranjan Hiranandani

  • 02-02-2021 09:21 PM

Proposals are growth-oriented, says MD, Hiranandani Group

A leg-up for affordable homes

  • 01-02-2021 11:39 PM

With improved demand conditions, the Budget has made provisions that encourage buyers

InvITs, REITs get much-needed liquidity

  • 01-02-2021 11:20 PM

Investment instruments likely to acquire more assets in their portfolio

Budget homes in on affordable housing

  • 01-02-2021 11:27 PM

Measures such as tax holiday and extension of time line to claim deductions will help developers in this segment

Budget will improve overall customer sentiment: CREDAI

  • 01-02-2021 05:04 PM

CREDAI National has welcomed the budget, saying that the Finance Minister has reassured the country that the government will take all steps necessary

Budget 2021: Debt financing in real estate to be game changer

  • 01-02-2021 04:26 PM

Debt financing of real estate investment trusts (REITs) and infrastructure investment trusts (InVITs) announced in the Union Budget is expected to be

Rental housing to see enhanced supply due to Budget boost

  • 01-02-2021 04:27 PM

Affordable housing accounts for over 35% of supply across top 7 cities

Government has adopted a strategy to push public investment for economic growth: Deloitte India

  • 01-02-2021 04:29 PM

The need for a new Development Finance Institution (DFI) for extending long tenure debt financing at reasonable rates has been addressed in the budget

Shapoorji Pallonji launches real estate project near Pune

  • 28-01-2021 07:11 PM

Shapoorji Pallonji Real Estate has announced the launch of a new real estate project near Bavdhan, West Pune. The project is named ‘VANAHA’ which is s

Brookfield India REIT IPO to open on February 3

  • 28-01-2021 05:27 PM

Brookfield India Real Estate Trust plan to raise as much as ₹3,800 crore through an initial public offering, the Trust backed by Canadian asset mana

Retail realty PE deals look promising in 2021: Anarock

  • 28-01-2021 05:42 PM

Most of the new supply of malls that failed to be delivered in 2020 has spilled over to 2021

Shapoorji Pallonji Real Estate to invest ₹4,000 crore on new project in Pune

  • 28-01-2021 12:23 PM

The ‘VANAHA’ project will be a mixed-use development and will be a part of one of the largest townships in India

‘Real estate sentiment turns positive in Dec quarter’

  • 27-01-2021 07:23 PM

Survey bullish on residential and office segments

Realty major DLF to implement Ramco Systems’ ERP solutions

  • 27-01-2021 03:37 PM

Ramco Systems will implement its ERP Software at DLF Limited, a leading real estate provider, to digitally transform DLF’s business operations end-to-

Hyderabad office market sees net absorption rise 83 per cent in Q4 : JLL

  • 27-01-2021 01:09 PM

Southern markets account for 71 per cent of new completions

YES Bank: ED raids Omkar Realtors in money laundering case

  • 25-01-2021 03:08 PM

The Mumbai-based realtor group is alleged to have misused permissions given under SRA schemes; ‘diverted’ ₹450 crore loan from YES Bank

Dormant pre-Covid real estate deals get consummated

  • 25-01-2021 03:19 PM

‘Demand played a large factor in guiding the growth plans of occupiers and investors which is yet to reach pre-Covid levels’

Interior design firm, Flipspaces launches a virtual store

  • 27-01-2021 01:51 PM

VIZSTORE allows furnishing product owners to digitise the product display, visualisation and selection experience using virtual reality technology.

My Home Constructions on expansion mode

  • 22-01-2021 01:15 PM

Company executes over 13 million sq.ft of projects under development

Hyundai Construction Equipment launches new excavator models under SMART PLUS series

  • 22-01-2021 03:21 PM

11 excavator models were launched, ranging from 8 tonnes to 50 tonnes class

Real estate sector drew $4.07 b PE in 2020

  • 21-01-2021 07:36 PM

In the past 10 years, Mumbai took the largest quantum of office investment followed by the NCR and Hyderabad

Kerala Financial Corp extends special loans for construction sector

  • 20-01-2021 06:32 PM

The maximum assistance provided to any unit will be 66 per cent of the project cost subject to a cap of ₹20 crore.

Real estate sector seeks time extension for completion of affordable homes from 5-7 years

  • 20-01-2021 06:05 PM

Real estate developers have urged the Centre for a two-year extension on the five-year deadline for completion of affordable houses. “As an impetus to

Sahyadri Industries rolls out EcoproS-3 fibre cement boards in Kerala

  • 20-01-2021 04:49 PM

Pune-based company is also looking at expanding its production in Coimbatore