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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 […]
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 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, 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 […]
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 […]
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 […]
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 […]
The Hyderabad region has witnessed a 1 per cent annual fall in registrations of residential properties in January to 5,411 units, according to Knight Frank. As many as 5,454 housing units were registered in January 2023 across the Hyderabad residential market, which includes four districts namely Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy. The data covers transactions […]
Oberoi Realty on Friday said it has entered into an agreement with Marriott International for the management of two new hotels in Mumbai Metropolitan Region (MMR). In a regulatory filing, the company informed that it has “entered into an agreement with Marriott International, aimed at enriching luxury living experiences in the Mumbai Metropolitan Region.” The […]
High Net-worth Individuals (HNIs) are showing keen interest in buying luxury residential properties as sales of homes costing Rs 4 crore and above rose 75 per cent last year across seven major cities, according to real estate consultant CBRE. Delhi-NCR saw a nearly three-fold jump in sales of luxury homes last year. It also recorded […]
