The Mumbai real estate market has been Oberoi Realty’s primary focus in the past years. The real estate firm is not yet present in Bengaluru or Delhi-NCR. According to Vikas Oberoi, chairman and managing director of Oberoi Realty, the listed real estate company located in Mumbai, the company intends to start three housing projects in…
Dvok Buildcon, a Gurgaon-based real estate developer, paid Rs 310 crore for an 18-acre tract of land, as per the documents obtained by real estate data analytics company CRE Matrix. According to the paperwork, the corporation paid stamp duty of Rs 21.72 crore and bought agricultural property near Manesar. Even with the demand for homes…
The rental rates in 13 major Indian cities increased by 16% year over year in the March quarter. The area with the biggest increase in rentals was Greater Noida, where rates rose by 32.1%. Bengaluru and Gurugram came next, with growth rates of 23.7% and 24.5%, respectively. Rents increased by 32.1% in Greater Noida, the…
The National Capital Region accounted for over half of Godrej Properties’ sales in FY24, while the Mumbai Metropolitan Area contributed 29% of the ₹22,500 crore total bookings—a figure that was 61% above the company’s stated expectation. The developer, located in Mumbai, has been quickly growing in other cities, becoming one of the few Pan-Indian companies…
IKEA India, the Swedish furniture giant is considering its next phase of investment in India after devoting its whole Rs 10,500 crore pledge when it first entered the market ten years ago. The firm is now putting up projects in Delhi-NCR that are slated to open in 2025. It will finish its pledged investment for…
According to the Anarock data, the overall value of sold housing inventory is anticipated to surpass Rs 4.5 lakh crore, which is around 38% more than the total sales value of all of 2022, which witnessed the sale of homes valued at Rs 3.27 lakh crore. The combined sales value of residential real estate in…
Ashiana Housing intends to invest between Rs 650 and Rs 700 crore in both land and building in the fiscal year 2023–2024. Its goal for Financial Year 2024 is to book an area worth Rs 1,500 crore. Throughout the following three years, the business plans to add an additional 7-8 million square feet. Our objective…
An estimated 360,000 square feet would make up the built-up area of the Delhi-NCR site. Global industrial real estate developer Panattoni has spent ₹110 crores in the first phase of its first project, which is located in Delhi NCR. The corporation and its several investment partners want to invest 100 million euros in projects around…
Prestige Group plans to launch projects in Delhi, NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa this year. Irfan Razack, Chairman and MD of the company, stated that there are many housing projects developed across cities. The company intends to create a luxury housing complex in Central Delhi in collaboration with TDI, a Delhi-based company, and…
Godrej Properties purchased around 15 acres of land in Gurugram Sector 103 for a net value of Rs 403 crore from Microtek Infratech. The news confirmed by CRE Matrix, a real estate data analytics business provider. The sale deed was signed in the name of Godrej Vestmark LLP On June 22, 2023. According to the…