India’s ultra rich redirecting their investment focus to residential real estate
India’s affluent class has been increasingly redirecting their investment focus towards residential real estate for some time, marking a notable change in the country’s investment landscape. This transition emphasizes changing trends in investment preferences and reflects the motivations driving the elite’s choice to invest in residential properties.

NCLT OKs Macrotech Developers' acquisition of Centaur Hotel owner’s V Hotels

Brookfield plans $10 bn investment in Indian realty, double portfolio in 3-5 years

Macrotech Developers to invest Rs 5,000 crore in FY25 on construction of realty projects: Abhishek Lodha

Mahindra Lifespace FY24 profit falls marginally to Rs 98 crore

Indiabulls Real Estate loss widens to Rs 1,038 crore in FY24

InvestoXpert facilitates Rs 2050-cr property sales in FY23-24, targets Rs 4000-cr sales in FY24-25
Realty consultant InvestoXpert has facilitated property sales amounting to Rs 2050 crore during the fiscal year 2023-24 as against Rs 1050-crore sales in 2022-23, showcasing a 95% year-on-year growth compared to the previous fiscal year.

Sumadhura Group acquires 40 acres of land in Bengaluru to strengthen its residential portfolio
In the midst of a significant upswing in Bengaluru’s real estate market, Sumadhura Group, a leading developer in southern India, has acquired 40 acres of land in the city, setting the stage for a revenue potential of up to Rs 6000-crore residential project pipeline to cater to the burgeoning demand for housing units in Bengaluru.

Dwarka Expressway: Unlocking the future of real estate investment
Dwarka Expressway, the 18-km-long infrastructure marvel, is promptly emerging as a growth corridor boasting immense potential. Other than its 16-lane surface, Dwarka Expressway stands as a marvellous infrastructure project with promising investment plans for the future. According to industry experts, the investment boom along the corridor has already started and is slated to offer beneficial investment returns as the development flourishes.

Indian housing market outlook bullish, consumer sentiments positive: Report
Consumers sentiments in India's housing market remain positive despite a rise in prices, according to realty portal Magicbricks.

Macrotech Developers aims 21% growth in pre-sales to Rs 17,500 cr in FY25
 

Single-owned office assets attract premium rents versus strata-owned
Traditionally India’s office space is dominated by office buildings that are strata-owned, leading to poorly managed office spaces, but that is changing as developers with deep pockets or backed by institutional money are constructing offices that have single ownership.

Anant Raj reports net profit of Rs 84 crore during Q4FY24, 71% YoY growth

Lodha to continue growing portfolio, aims to add 21,000 cr projects in FY25

Real estate sector needs more hands to plan, build & sell in boom time

HUDCO celebrates its 54th Foundation Day

Sun Estates Developers plans to invest Rs 1000 cr in hospitality projects in Goa
Sun Estates Developers has announced its foray into the hospitality sector with a grand vision for Goa. The company is planning to invest close to Rs 1000 crore to introduce a series of hospitality projects, aimed at elevating the tourism experience in one of India’s most sought-after destinations.

Macrotech Developers Q4 Results Live : profit falls by 10.6% YOY
Macrotech Developers Q4 Results Live : Macrotech Developers declared their Q4 results on 24 Apr, 2024. The topline increased by 23.44% & the profit decreased by 10.6% YoY.

Lohia Global to develop 5 residential projects, plans Rs 1000 cr investment
Lohia Global, a business group with 44 years of global presence in sectors like exports, manufacturing, and energy, has announced its venture into the Indian real estate market with Lohia Worldspace.

Real Estate: Secret revealed! Majority of HNIs prefer this investment model to generate wealth in realty space
A survey has revealed that 64% of high networth individuals prefer the fractional ownership model to invest in commercial real estate (CRE) in India.

Embassy REIT guides for lower leasing in FY25
Embassy Office Parks REIT has guided for 5.4 msf of gross leasing in FY25, despite exceeding its FY24 target by 35 per cent, indicating a flat growth in office leasing. It has however guided for a higher net operating income in the range ₹3210-3350 crore and higher distribution in the range ₹22.4-23.10 per unit, compared to ₹21.33 seen in FY24, which was down 2 per cent on year.

Puravankara arm Provident Housing raises Rs 1,150 crore from HDFC Capital

Goa’s Sun Estates plan Rs 1,000 crore investment across multiple hospitality projects

Edelweiss Alternatives acquires IT park in Bengaluru for over Rs 1,500 cr

Sumadhura Group expands footprint with 40-acre land acquisition in Bengaluru's high-growth corridors

HDFC Capital invests ₹1,150 crore in Provident Housing

PM Awas Yojana 2024: Big update! Now these categories of people will also be covered under Centre’s flagship scheme! Details here
PM Awas Yojana Update: The Centre is reportedly planning to widen the scope and size of its flagship scheme Pradhan Mantri Awas Yojana (PMAY). Now shopkeepers, traders and self-employed will also be brought under the ambit of the scheme, part of the ‘Housing for All’ mission of the central government, CNBC-TV18 reported citing sources.

Home interior solutions brand DesignCafe aims to expand presence to 20 cities
New Delhi: Home interior solutions brand, DesignCafe has turned EBITDA profitable in March on the back of focus on improving gross margins and bringing in operational efficiencies. The brand, which has 15 experience centres across 10 cities currently, will next focus on foray into the Delhi-NCR region this year. Overall, the company aims to expand to 20 cities over the next two years.

SKA Group to develop Rs 592-cr luxury housing project in Greater Noida
NCR-based SKA Group has announced its foray into the luxury segment and launched SKA Destiny One, its maiden luxury residential project located in Sector Zeta 1 in Greater Noida. The company plans to invest Rs 592 crore in the project.

Macrotech’s net profit goes up 21%
Macrotech Developers, which develops properties under the ‘Lodha’ brand, posted a 21% jump in its profit after tax (PAT) at Rs 670 crore in Q4FY24, a tad higher than analyst estimates. Analysts had estimated a profit of Rs 630 crore.