Moneytree Realty Focuses To Expand In Delhi NCR And MumbaiNoida And Greater Noida Have The Highest Number Of Transactions Listen To The Article Moneytree Realty, a real estate company, hopes to sell Rs 500 crore in its first year of business, mostly through residential sales, according to the top executive. The firm is relying on the surge in the residential market to propel its expansion by...
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 The real estate industry is experiencing strong demand and sales in a variety of market categories. Gurugram is a city that routinely achieves impressive revenues on a quarterly basis. It recently came to light when an apartment for Rs 100 crore was sold, breaking the previous record for the most expensive homes ever sold in Millennium City. This is not a unique...
Godrej Properties and Hero Realty are in talks to sell a 14-acre land piece in Gurugram worth roughly Rs 730 crore. The Mumbai-based real estate firm purchased the land in Sector 89 from a local land-aggregating company almost two years before. "The sale of the land is surprising given that Godrej purchased it less than two years ago." "The deal is at a very advanced stage, and both partners...
The real estate giant DLF has a few residential launches planned for Gurugram, Panchkula, Chennai, and Mumbai this financial year, sum up about Rs 20,000 crore. A high-rise luxury residential building is being built in the centre of Chennai, a mid and high-rise is being built in New Gurugram Sector 76 and 77, and a residential low-rise is being built in Chandigarh Tri-city. We are planning a few...
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...
The real estate market saw a tremendous improvement in the first quarter of financial year 2023, with home sales in the top 7 cities topping 100,000 units. In addition, the new launches have increased significantly Year on Year by 23%, from 89,140 units in quarter one 2022 to roughly 110,000 units in 2023. In top seven Indian cities, Delhi-NCR stands out as the leader in terms of new home...
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...
Experion Developers' has purchased three land parcels in the Delhi-NCR for Rs 1,100 crore for new residential and commercial development. Experion Developers is a 100% FDI-funded real estate developer supported by Singapore's Experion Holdings. A 4-acre land piece on Gurgaon's Golf Course Road was purchased for Rs 400 crore, and a second 5-acre parcel in Noida's sector 45 was purchased for Rs 250...
According to CBRE's 'India Market Monitor Quarter 1 2023' study, the luxury residential market in India will continue to rise in sales and launch activity in 2023 for the second year in a row. An increase of over 151% Year on Year was registered between January 2023 and March 2023. Delhi-NCR is currently in first place, with a 216% rise in luxury housing sales in Quarter 1 2023 compared to Quarter...