At least 3.49 lakh units sold in the top seven cities in the first nine months of 2023, about 24 per cent or 84,400 units were luxury homes priced >INR 1.5 crore. About 84,400 luxury units, priced >INR 1.5 crore were sold in the top seven cities between January-September this year, against approx. 39,300 in […]
India will become the biggest investment market for London’s real estate sector, UK’s top realty developer Barratt London says as it launches its newest project, ‘Sterling Place’ in India. Barratt International’s sales and marketing director, Stuart Leslie, who is in India for the project’s launch, met several investors during the week who have shown keen […]
The festival of Navratri has ushered in a remarkable surge in Mumbai’s real estate registrations, with the city recording 4,594 property registrations during the nine-day period from 15 October to 23 October 2023 according to a report by Knight Frank India. According to the report, this marks a substantial year-on-year (YoY) growth of 37.4 per […]
India’s brick-and-mortar retail universe is bouncing back with strong leasing activity of 3.16 million square feet recorded in the first six months of the current calendar year till June, according to a study released by JLL on day one of the MAPIC India conference, Wednesday. Leasing activity in the retail sector was believed to have […]
India’s real estate sector is expected to expand to USD 5.8 trillion by 2047 when the country celebrates its 100th year of Independence, according to a report. The current real estate is estimated to be about USD 477 billion. The report released by real estate consultant Knight Frank India in association with the National Real […]
A total of 3,244 real estate transactions worth over AED 13.6 billion were conducted during the week ending July 7, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion. […]
Technology has revolutionized every industry, and real estate is no exception. With advancements in artificial intelligence, virtual reality, and smart devices, the integration of technology has become a game changer in the real estate sector. Karan Bedi, Director of JMD Group, a leading real estate firm, emphasizes the crucial role played by technology in transforming […]
The house construction industry in India is going through an upcoming boom, pushed by factors such as population growth, increasing demand for housing and the government’s pro-growth outlook. Maiden Forgings, a steel forging company, is capitalising on this growth and is involved in the production and supply of collated nails and stainless steel nails. In […]
Residential real estate developers across top cities in India are expected to clock 8-10 per cent sales growth this 2023-24 fiscal despite rise in interest rates and asset price, said Crisil Ratings in a report. Buoyant residential demand across the mid, premium, and luxury segments had resulted in robust sales growth in the past two […]
Godrej Properties on Friday announced it was raising its stake in Wonder City Buildcon from 74 per cent to 100 per cent. Pursuant to the said acquisition, WCBL has become wholly-owned subsidiary of the company with effect from May 26, 2023, according to a company statement shared with stock exchanges. According to the regulatory filing, […]
