Tech in property: Customers of online property deals increased by 43%, companies will invest Rs 1000 crore on AI, machine learning, blockchain.
Bhaskar Swas • Startups will change the face of real estate market, business will be worth Rs 8 lakh crore in 6 years. Under special contract with Dainik Bhaskar Bengaluru The trend of online property deals in India will increase rapidly in the next few years. With the help of technologies like AI, machine learning […]
‘Accor Should have IK Hotels in India’
French hotel chain to open more luxe hotels in country, target no.1 position, says exec. New Delhi: India should expect to see more luxury hotels of brands such as Fairmont, Raffles and Sofitel in the years ahead besides hotels of other brands from Accor’s luxury and lifestyle division, said Sébastien Bazin, group chairman and CEO […]
EPIC Designers Buys Land in Odisha to Set Up *220-cr Mfg Unit
Bengaluru: EPIC Designers, a sustainable fashion company based in Hong Kong, has recently ac quired 40 acres of land to set up ita manufacturing unit in Bhubanes war, Odisha, valued at around 220 crore. The proposed manufacturing unit will come up at the IDCO Industrial Estate and aims to sup port the company’s future business […]
UK’s BII Looks to Go Big on India’s Affordable Housing, MSME Sectors
Development finance institution looking for innovative funding ideas, says top executive. Kolkata: Multinational funding organisation British International Investment (BII) is looking to raise exposure to India’s affordable housing finance and micro, small and medium enterprises (MSME) the sectors that receive continuous government support and have shown significant improvements in asset quality metrics. The British government’s […]
Bhanwarkuan flyover 70% work done, if temple site is found then one lane will start in April.
Indore | Up to 70% work of Bhanwarkuan intersection flyover has been completed. Only the steel girder is yet to be launched in the lane of Art and Commerce College. The girder is to be inserted just above the dome of the temple. Both solid approaches of the remaining bridge preparations have started. A lane […]
NBCC Sells 480k-sq-ft Commercial Space in Delhi Project for ₹1.9k cr
New Delhi: NBCC has sold approx- imately 480,000 square feet of commercial space for about ₹1,905 crore in the World Trade Centre project at Nauroji Nagar in New Delhi. Major organisations such as Power Finance Corporation, Security Printingand Minting Corporation of India, and Solar Ener- gy Corporation of India participated in the recent e-auction and […]
K Raheja to Jointly Develop Luxury Project in Mumbai
Worli residential project likely to have revenue potential of over 2k crore. Mumbai: Realty developer K Raheja Corp will develop a 2.5-acre land parcel in Mumbai’s Worli into a luxury residential project with re- venue potential of more than ₹2,000 crore, said people with direct know- ledge of the development. The developer’s residential plat- form […]
Indian Housing Mkt Continues Record-breaking Sales March
Top 7 cities see sales jump 14% in March qtr; MMR, Pune account for over 51% of deals. New Delhi: India’s housing market continued its post pandemic growth trajectory, achieving record-brea- king sales in the March quarter. The top seven cities achieved sales of 130,170 units during the quarter, a 14% growth from a year […]
New four lane will be ready from Bhopal to Indore-Ujjain in two years, time will be saved
New four lane till Sehore • It will take half an hour less to travel from Indore to Bhopal. Out of total 36.5 km, 14 km four lane road is almost ready. In the next two years, a new four-lane option will be available from Bhopal towards Indore and Ujjain. More than 10 lakh population […]
SM REITs can Help Investors Bet On High-value Assets
0 M SQ FT DEVELOPMENT PLANNED BY REALTY PLAYER DLF FOR FY25. The Securities and Exchange Board of India (Sebi) has introduced amendments to the REIT Regulations 2014, outlining provisions for the establishment of small and medium real estate in- vestment trusts, known as SM REITs or micro-REITs. This move by the capital market regulator […]
