Realty firm Godrej Properties Ltd on Thursday said it has bought around 3-acre land in Hyderabad to develop a housing project with an estimated revenue potential of Rs 1,300 crore. Last month, Godrej Properties forayed into the Hyderabad property market by purchasing 12.5-acre land for Rs 350 crore to develop a housing project having Rs […]
Real Estate
UP RERA Asks Promoters To Provide QR Code With Project Details To Homebuyers
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Wednesday directed promoters in the state to provide project registration certificates embedded with QR code to existing and prospective homebuyers. UP RERA said it has recently redesigned the certificate for registration of projects. The certificate is now digitally signed by the secretary and has also […]
CREDAI’s FAIRPRO 2024 Attracts 302 Bookings Worth Over Rs 260 Cr
The annual property fair organised by realtors body CREDAI has received 302 bookings for various properties worth in total over Rs 260 crore, a top official said on Wednesday. FAIRPRO is the flagship event of the Confederation of Real Estate Developers’ Associations of India (CREDAI) Chennai. As many as 75 developers showcased over 200 projects […]
DB Realty Arm To Lease Out 186 Acres In Mira Rd To MCGM For Rs 248 Cr A Year
D B Realty on Monday said the Municipal Corporation of Greater Mumbai has taken on lease a 186-acre land parcel on the outskirts of the financial capital at a yearly rental of Rs 248 crore. The lease for the plot in Mira Road is for five years which is extendable by another two years, according […]
NBCC Sells 2 Lakh Sq Ft Commercial Space In South Delhi For Rs 828 Cr
State-owned NBCC on Friday said it has sold 2.05 lakh square feet of commercial space in the World Trade Centre at Nauroji Nagar in the national capital for Rs 828 crore on behalf of the government. In a regulatory filing, NBCC informed that the company conducted the 24th auction for the sale of commercial space […]
Shapoorji Pallonji Real Estate Eyes Rs 500 Crore Revenue From 180 Luxury Units In Bengaluru
Shapoorji Pallonji Real Estate on Thursday launched more than 180 luxury homes in Bengaluru with a revenue potential of around Rs 500 crore. In a statement, the company said it has launched ‘Sequoia’, the last tower at its project Parkwest 2.0 in Binnypet, Bengaluru. The project Parkwest 2.0 has a total saleable area of over […]
Bharti Realty To Build 17 Mn Sq ft Of Office, Retail Space In Delhi’s Aerocity To Tap Rising Demand
Bharti Realty, the real estate arm of Bharti Enterprises, is planning to develop a large business district near Delhi’s airport comprising 17 million sq ft of commercial area to tap a surge in demand for premium office and retail spaces, a top company official said. Bharti Realty has developed over 5 million square feet of […]
GST Council May Soon Clarify Tax Exemption To RERA
The GST Council is likely to soon clarify that Real Estate Regulatory Authority (RERA) will not be required to pay Goods and Services Tax (GST), an official said. According to the official, RERA, which functions as a regulator as well as facilitator for the realty sector, is covered under Article 243G of the Constitution dealing […]
Bhutani Infra And Bayview Projects Unveil India’s Largest International Film City Plan At The Ground-Breaking Ceremony Of UP Global Investors Summit 2023
The event witnessed around 5,000 attendees, comprising of ambassadors, high commissioners and representatives of foreign states, leading industrialists, Global and Indian corporates and others Since the announcement of new International Film City, the entire UP is keen to know more about the project. Bhutani Infra, the leading real estate developer in Delhi NCR, and Bayview […]
Arvind SmartSpaces Sells 220 Residential Plots In Bengaluru For Rs 160 Cr
Realty firm Arvind SmartSpaces Ltd on Monday said it has sold over 220 units in a residential plotted development project in Bengaluru for more than Rs 160 crore. In a regulatory filing, the company informed that “it has sold out the entire inventory released for sale in the 1st phase of its residential plotted development […]