Housing sales are likely to reach pre-COVID level in the next year while rates may appreciate by 5-10 per cent during 2022, according to property consultant Anarock. “The Indian residential real estate market seems to have embarked on a long-term upcycle, and 2022 is very likely to fare better than 2021. With COVID-19 now having […]
Real Estate
Registration Of Homes In Mumbai City Down 18pc In Nov; Jan-Nov Number Highest In 10 Years
Registration of housing properties in Mumbai municipal region fell by 18 per cent in November to 7,582 units, but numbers during January-November jumped over twofold to 102,232 units, the highest in last one decade, according to Knight Frank. The registration of homes stood at 7,582 units in November last year. During January-November 2020, 46,052 homes […]
IRB Infra Receives Letter Of Award From UPEIDA For Upcoming Ganga Expressway Group 1 Project In Uttar Pradesh
Group 1 of Ganga Expressway is 129.700 Kms stretch from Meerut to Badaun Cost outlay of the Project is INR 6,555 Crs, with grant of INR 1,746 Crs IRB Infrastructure Developers Ltd. has received a Letter of Award from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), the nodal agency entrusted to monitor the project […]
ATS HomeKraft Records The Biggest Launch In NCR Market With Its Pious Orchards At Sector 150 NOIDA
ATS HomeKraft has received an overwhelming response for the first phase of its Pious Orchards project in Noida. The Company has achieved sales value of more than INR 350 crores in the Project in a single day event, where in 290 apartments were sold with an area of approx. 700,000 sq ft. This volume of […]
SKA Group To Invest Rs 400cr Over Next 5 yrs To Build Housing Project In Noida
Realty firm SKA Group will invest Rs 400 crore over the next five years to develop a luxury housing project in Noida, Uttar Pradesh. The company has launched its new project ‘SKA Orion’, spread over 3.5 acres land parcel and comprising 508 units, on Noida Expressway, according to a statement. “We have launched a new […]
Paranjape Group Gets Rs 105 cr Investment In 2 Housing Projects
Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF–II) will invest Rs 105 crore in two under construction mid-income housing projects of Pune based realty firm Paranjape Group. The fund has a target corpus of Rs 500 crore and a green-shoe option of up to Rs 250 crore. Both these projects are part of Paranjape […]
Hon’ble Allahabad High Court Quashed Allegations Made Against SAYA Gold Avenue
In reference to the Writ petition no 59863 of 2015, (Petitioner: Sun Tower Residents Welfare Association and Respondent: Ghaziabad Development Authority, Uttar Pradesh, Saya Gold Avenue and Ors) the petitioner had alleged the respondents for not legally conducting the construction of the Indirapuram’s landmark residential project SAYA Gold Avenue. After the arguments made by the […]
No Impact Of Omicron Variant So Far On Property Market: CREDAI
Realtors body CREDAI on Friday said that there has been no impact of the new Omicron variant on the property market so far and growth in sales volumes is likely to continue. “There has been no significant impact of the new Omicron variant on India’s realty market and the growth momentum post festive sales is […]
Housing Prices May Rise 5 Per Cent During 2022: Report
Housing prices may rise 5 per cent next year on improved demand, according to Knight Frank India. In its ‘2022 Outlook Report’, the property consultant said: “While 2021 was mostly impacted by the volatility due to the pandemic, 2022 may prove to be a more stable year for the sector both for commercial as well […]
Godrej Properties buys 16-acres land parcel in Bengaluru’s Sarjapur
The project is estimated to have a developable potential of approximately 1.5 million square feet saleable area Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced that it has purchased a land measuring approximately 16 acres at a strategically located and fastest developing micro-market of Sarjapur, (Bengaluru) […]