According to real estate consultancy firm JLL’s report, Hotel Momentum India (HMI) Q2, 2022, the Indian hospitality sector has witnessed robust growth in Q2 (April to June) 2022, mainly due to the demand for … READ FULL STORY
Ram Kirpal is a construction worker in Noida but he goes back to his native place in Bihar every harvest season. Agriculture continues to be his main occupation. He says that he works on … READ FULL STORY
India’s largest housing finance company HDFC has increased its retail prime lending rates by 25 basis points, with effect from august 9, 2022. The Mumbai-based bank made this announcement in a late night move … READ FULL STORY
Chennai city will get its second airport at Parandur, announced Tamil Nadu chief minister M K Stalin. The Tamil Nadu government has zeroed in on the Parandur site for the development of the Greenfield … READ FULL STORY
In a move that will ease the allotment of properties under the EWS category, the Lieutenant Governor of Delhi, VK Saxena, has directed the Delhi Development Authority (DDA) to ensure faster conversion of leasehold … READ FULL STORY
A Ghaziabad-based project has been stuck for almost 10 years now, as the developer exhausted all his internal accruals in outright land purchase and hoped to sell off and raise funds through construction-linked plans. … READ FULL STORY
The Reserve Bank of India (RBI) on August 5, 2022, increased the repo rate by 50 basis points. The move by the apex bank, has now brought RBI’s benchmark lending rate, at which banks … READ FULL STORY
Non-resident Indians (NRIs) are helping to put India’s real estate market back on track for a recovery, according to organisers of the 3rd PropertyGuru Asia Property Awards (India). The PropertyGuru Asia Property Awards (India) … READ FULL STORY
Brigade Group and GIC Singapore, on August 4, 2022, unveiled their LEED Platinum-certified IT SEZ Park, Brigade Tech Gardens, located in Brookefields, Bangalore. Brigade Tech Gardens, a joint venture between Brigade Group and GIC … READ FULL STORY
The proposed new Pune airport will be constructed at Purandar tehsil. This is the same site that was identified by the then chief minister Devendra Fadnavis government and approved by the Ministry of Defense … READ FULL STORY
Brookfield India Real Estate Trust, India’s only 100% institutionally managed REIT, on August 3, 2022, reported an adjusted net operating income of Rs 2.3 billion during the first quarter of FY23, registering a 38% … READ FULL STORY
Those investing in the Delhi-NCR market, know how difficult it could be to decide between the two real estate hotspots of Noida and Gurgaon. Here is a detailed guide for an NCR investor, who … READ FULL STORY
Larsen & Toubro leases its 5.5 acres Powai space in Mumbai to Amazon Data Services for Rs 3.57 crore per month. Going forward, the rentals for the space will increase. With a possible development … READ FULL STORY
