The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented ‘Amrit Kaal’s’ first Union Budget before the Parliament on Wednesday, the 1st of February. The union budget for 2023 is expected to … READ FULL STORY
The 21st century has been earmarked as the age of Information Technology (IT), and India has become one of the major players in the global IT industry over the past few decades. The growth … READ FULL STORY
Pune’s residential real estate market saw the best sales since 2013 despite a 7 % YoY rise in prices, mentioned property consultant Knight Frank’s half-yearly report – India Real Estate, July – December 2022. … READ FULL STORY
Residential real estate sales in India have breached 2021 levels by far, witnessing a 50 per cent YoY growth. New launches further strengthened during 2022 and registered a growth of 101% YoY with a … READ FULL STORY
Real estate developer Godrej Properties has acquired a land parcel of around 18.6 acres in Kandivali in Mumbai. The project will have a developable potential of nearly 3.72 million square feet with an estimated … READ FULL STORY
Over 6.97 million sq. ft of space was leased to startups and gross leasing for startups jumped from 17% in 2021 to 28% in H1 2022, according to a JLL report titled ‘A startup’s … READ FULL STORY
L&T Realty, the real estate wing of L&T and CapitaLand India Trust Management, trustee-manager of CapitaLand India Trust (CLINT) have signed a non-binding term sheet for a commercial platform to develop around six million … READ FULL STORY
The sale value of Puravankara grew to Rs. 1,304 crore for H1, which is 43% higher than Rs. 910 crore sales value during a similar period last fiscal year. In terms of volume, the … READ FULL STORY
Real estate developer Shriram Properties Limited and ASK Property Fund, the alternate asset investment division of ASK group, have signed a Memorandum of Understanding (MOU) for setting up an investment platform for the acquisition … READ FULL STORY
According to a Savills India report, Goa has emerged as a preferred destination among buyers looking for second homes due to high rental yields ranging from 4 to 10%. The trend is seen in … READ FULL STORY
As part of its money laundering investigation, the Enforcement Directorate (ED) on Saturday, October 15, said in a press release that it has provisionally attached properties worth Rs 1,317.30 crore under the Prevention of … READ FULL STORY
Land as an investment option has always been popular in India. Its popularity has not receded, despite the availability of various financial products such as mutual funds and equity shares. However, you should be … READ FULL STORY
With the festive season in full swing, India’s real estate developers are hopeful about the sector receiving a boost towards recovery, and their wishes are already coming true. New supply registered a YoY growth … READ FULL STORY
