May 19, 2023: Real estate developer Arvind SmartSpaces today announced its financial results for the January-March period of 2023 (Q4FY23). From Rs 601 crore last fiscal to Rs 802 crore in FY23, bookings for … READ FULL STORY
May 18, 2023: Real estate developers have acquired around 2,181, acre of land area between January 2022 and May 2023, says leading real estate advisory firm JLL India. Data available with the company show … READ FULL STORY
The demand for rental housing services in Tier-2 cities has significantly increased in recent years. With rising populations and rapid urbanisation, Tier-2 cities are emerging as new hotspots for real estate investment, including the … READ FULL STORY
Real estate will continue to reap the benefits of an ongoing demand momentum and grow between 5-10% in 2023, says brokerage firm Motilal Oswal. “With interest rate unlikely to be a dampener on demand … READ FULL STORY
Half the respondents in a survey by University Living say virtual tours are the best way to enhance the student housing experience. “This is primarily due to virtual tours offering a fair idea of … READ FULL STORY
India’s 7 prime residential markets recorded sale of 149 million square foot (msf) of space in the third quarter of the current financial year (Q3 FY2023), says a report by rating agency ICRA. This … READ FULL STORY
London and New York are globally two of the most desirable megacities to live in, says a report by Boston Consulting Group (BCG) released on March 7, 2023. According to the report titled Cities … READ FULL STORY
The National Company Law Tribunal (NCLT) on March 7, 2023, approved Suraksha Group’s bid to buy Jaypee Infratech. The approval by the tribunal comes as a relief for over 20,000 homebuyers in the national … READ FULL STORY
Even though financial awareness and independence are both on the rise among women in India, only 27% of them take their own financial decisions, shows the findings of a survey. Coming in the backdrop … READ FULL STORY
Work demand under the Central government’s flagship NREGA scheme reduced marginally by 2.26% to 2.07 crore households in January 2023 from 2.12 crore in December 2022, official data show. When compared with the peak … READ FULL STORY
Since the real estate law has been implemented in various states in India, close to one lakh projects and 71,514 agents have been registered to date while over 1 lakh cases of consumer disputes … READ FULL STORY
The Reserve Bank of India (RBI) on February 8, 2023, increased the repo rate by 25 basis points to bring its benchmark lending rate at 6.50%. The largely anticipated hike will increase the cost … READ FULL STORY
Brookfield India Real Estate Trust (REIT) saw its adjusted net operating income for grow 60% year-on-year during the third quarter of the ongoing financial year (Q3FY23), the company said in a statement on February … READ FULL STORY
