Listen To The Article 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 with a...
Listen To The Article IKEA's Ambitious Expansion Plans In Delhi-NCR With 70000 Crore InvestmentA Decade Of Commitment: Completing Rs 10,500 Crore InvestmentIKEA Strategic Funding Considerations For Future GrowthLocal Sourcing Revolution: IKEA's Vision For Sustainable Growth IKEA India, the Swedish furniture giant is considering its next phase of investment in India after devoting its whole Rs...
Listen To The Article Top Seven Cities Witnessed The Most Number Of Home Sales 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 the top...
Listen To The Article How Many Projects Do You Launch In The Financial Year 2024?What Is the Investment Strategy for the Current Fiscal Year?How Much Land Parcels Do You Own?What Is Your Typical Price Realisation?Which Home Segments Do You Have A Presence 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...
Listen To The Article Panattoni's Vision For A 360,000 Sq. Ft. Industrial Hub In Delhi-NCRPanattoni Park's Timeline And Construction Milestones 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...
Elevate Your Lifestyle with The KG Marg Project from Prestige GroupExplore Luxury and Convenience In Prestige Aerocity Hotel Project in DelhiNoida Sector 150 by Prestige Group: Unveiling a World of AmenitiesPrestige Group Goa Projects: Where Elegance Meets Coastal BeautyExploring Prestige Group's Extensive Project Pipeline for 2023Prestige Group's Strategic Move: Reviving Unfinished ProjectsUnlocking...
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 paperwork, the company also paid a stamp duty of Rs 28.21 crore for the...
According to the ANAROCK Consumer Sentiment Survey 202,3 there is still a strong demand for mid-range and luxury properties, with 59 percent of consumers favoring residences between Rs 45 lakh and Rs 1.5 crore. The residences priced between Rs 45 and Rs 90 lakh are the most popular (favorited by 35% of respondents), followed by homes priced between Rs 90 and Rs 1.5 crore by 24% of respondents. This...
Birla Estates has just finalised five projects across Bengaluru, Mumbai, Pune, and Delhi, with a potential income of about Rs 9,000 crore, according to KT Jithendran, managing director and CEO of Birla Estates Private Limited. Birla Estates intends to begin new projects and phases in major cities. These will include ultra-luxury projects in Mumbai, luxury projects in Bengaluru, and mid-segment...
Tata realty and infrastructure limited plans to launch 9 million square feet of residential real estate inventory with a topline of Rs 11,000 crore over the next four years. We are putting 70% of efforts on premium luxury projects and the remaining on affordable and mid-segment projects, said by Sanjay Dutt, MD and CEO at TRIL. He claimed that locations like Bengaluru, Mumbai, and Delhi NCR will...