Realtors Put a Lock on Festive Offers Amid High Demand
HOUSE WARMING With sales outpacing supply, unsold inventory has also hit a decadal low. New Delhi: Real estate developers are avoiding festive offers this sea- son due to the rapid oversubscription and quick sales of projects, unlike in the past when home purchases included various incentives like TVs AC units, cars, and even foreign trips, […]
Brookfield Properties Refinances 2.1ker Debt
Debt had been raised against commercial property Equinox Business Park, Mumbai Mumbai: Brookfield Properties, the global real estate services company of Brookfield Asset Management, has refinanced debt worth 2,100 crore that was raised against its commercial property Equinox Business Park in Mumbai. The company has raised funds from Punjab National Bank (PNB) to refinance its […]
9 pillars of Footi Kothi Bridge constructed, pier caps being installed
Indore | The six-lane flyover bridge to be built at Footi Kothi intersection of Western Ring Road will be 645 meters long and will be built at a cost of Rs 48 crore. 9 pillars of one line of this bridge have been made. The work of installing pier caps on these is also in […]
Godrej Properties on Track to Exceed Full-year Guidance on Robust Demand
PERFORMING WELL ON ALL METRICS, SAYS EXEC CHAIRPERSON Q2 SHOW: Co to see best cash collections, project deliveries this fiscal: Pirojsha Godrej Mumbai: Godrej Properties, the real estate development arm of the Godrej Group, is on track exceed its guidance of new bookings worth r14,000 crore and re cord best-ever cash collections and project deliveries […]
Metro construction work completed till Radisson
Now track laying work will start soon. Indore • Metro work has gained momentum. After the trial run, the construction work of three major parts of the metro has also been completed. Now soon it will be handed over to another agency for laying the track. She will work on laying tracks on it. The […]
Institutional investment in realty increased by 82% in 3 months till September
Housing sector • Big investors invested 71% more money in July-September. Institutional investment in the domestic property market has increased rapidly. According to global real estate consultancy firm Vestian, institutional investment in India’s real estate sector increased by 82% to Rs 5,658 crore in the July-September quarter. Of this, 44% i.e. Rs 2,482 crore came […]
Robust Demand in Major Cities Keeps Indian Office Market Busy
Segment sees over 16.1 m sq ft office space leases in Sept qtr: Knight Frank data. Mumbai Robot demand for office space, especially from Global Capability Centers (GCC) is driving commercial real estate in India’s major property markets. Demand for office space in the largest occupier markets remained strong with over 16.1 million sqft office […]
Oberoi Realty Sells its Entire Stake in Pune Township Project JV
Realtor sells 31.67% stake to Balewadi Tech Park for 3.6 cr Mumbai: Oberoi Realty has sold its entire 31.67% stake in a joint venture, Sangam City Township, which is planning to develop a township project in Pune. The Mumbai-based property developer sold its stake comprising 9.500 equity shares to Bale wadi Tech Park fot3.6 crore. […]
