Moneycontrol PRO
you are here: HomeNewsReal estate

Real Estate

Jump to
  • Lodha sinks over 2% as Q1 numbers disappoint Street July 28, 2023 10:13 AM IST

    Lodha sinks over 2% as Q1 numbers disappoint Street

    The company reported its best ever first quarter pre-sales performance at Rs 3,353 crore alongside a “very strong” business development of Rs 12,000 crore.

  • Olive by Embassy to add 2,500 co-living beds in Bengaluru, Mumbai within one year July 28, 2023 06:37 AM IST

    Olive by Embassy to add 2,500 co-living beds in Bengaluru, Mumbai within one year

    The company plans to touch 5,500 keys within the next year and 30,000 keys over the next five years across the entire co-living and hospitality segments.

  • Macrotech Developers Q1 pre sales up 17%, net debt increases marginally July 27, 2023 10:38 PM IST

    Macrotech Developers Q1 pre sales up 17%, net debt increases marginally

    The company added five projects with Rs 12,000 crore gross development value (GDV).

  • HSBC renews commercial lease in Goregaon East at a rent of Rs 191 per sq ft a month July 27, 2023 06:17 PM IST

    HSBC renews commercial lease in Goregaon East at a rent of Rs 191 per sq ft a month

    The bank has renewed its lease for three floors in Nesco IT Park Tower 3 in Goregaon East for a total chargeable area of around 1.77 lakh sq ft

  • Zara billionaire founder’s real estate fortune hits $20 billion July 27, 2023 04:17 PM IST

    Zara billionaire founder’s real estate fortune hits $20 billion

    Fashion billionaire Amancio Ortega’s real estate investments recorded a 19% increase in value in 2022, as it expanded into logistics and added luxury apartment buildings.

  • Maharashtra govt slashes stamp duty to Rs 100 for home owners during redevelopment of old buildings July 27, 2023 03:35 PM IST

    Maharashtra govt slashes stamp duty to Rs 100 for home owners during redevelopment of old buildings

    Move to benefit both developers and housing society members, and boost the revamp of dilapidated buildings

  • Zara billionaire founder’s real rstate Fortune hits $20 billion July 27, 2023 02:55 PM IST

    Zara billionaire founder’s real rstate Fortune hits $20 billion

    The property portfolio owned by the Inditex SA founder was valued at €18.1 billion ($20.1 billion) in 2022, up from €15.3 billion in 2021, according to a statement Thursday from Pontegadea, the firm that manages Ortega’s fortune. Ortega’s real estate portfolio is the largest among Europe’s “super-wealthy” individuals.

  • UltraTech Cement challenges CCI order making builders body a party in cartelisation case July 28, 2023 11:19 AM IST

    UltraTech Cement challenges CCI order making builders body a party in cartelisation case

    CCI initiated investigation against cement companies in 2019 after it received information from multiple sources regarding abnormal increase of cement prices in India. The parties alleged that the cement companies were colluding to artificially increase the price

  • 6,900 luxury homes sold across 7 cities in January-June period, marking 130% YoY jump July 27, 2023 01:46 PM IST

    6,900 luxury homes sold across 7 cities in January-June period, marking 130% YoY jump

    Hyderabad records 14-fold Y-o-Y growth in luxury housing sales; Delhi-NCR registers 205% increase in H1.

  • Real estate agents cannot operate from homes, commercial address must for registration: Delhi-RERA chairman July 27, 2023 01:28 PM IST

    Real estate agents cannot operate from homes, commercial address must for registration: Delhi-RERA chairman

    Projects in both planned and unplanned areas are covered under RERA, says Anand Kumar. While buying any land, plot, flat or commercial property sold as 'RERA registered', check it on RERA's website, he said

  • Maharashtra developers to display QR code in ads or face Rs 50,000 fine July 27, 2023 10:36 AM IST

    Maharashtra developers to display QR code in ads or face Rs 50,000 fine

    The QR code will help prospective homebuyers access information about a real estate project using their smartphones.

  • To let: Brokers arrange special apartment tour packages as rentals soar in Bengaluru July 27, 2023 06:57 AM IST

    To let: Brokers arrange special apartment tour packages as rentals soar in Bengaluru

    While local brokers have started hiring field executives to look for available inventories in the city, others are arranging "house hunt packages" for prospective tenants.

  • Sunteck Realty reports 16% YoY growth, Q1FY24 pre-sales Rs 387 cr July 26, 2023 06:01 PM IST

    Sunteck Realty reports 16% YoY growth, Q1FY24 pre-sales Rs 387 cr

    Sunteck Realty's Q1 FY24 collections increased to Rs 288 crore from Rs 285 crore the previous year, focusing on real estate projects in Mumbai Metropolitan Region (MMR).

  • Mahindra Lifespace reports loss of Rs 4.3 crore in Q1 July 26, 2023 04:47 PM IST

    Mahindra Lifespace reports loss of Rs 4.3 crore in Q1

    The company said it leased 3 acres of industrial parks for Rs 14 crore.

  • Embassy REIT leases 1.1 million sq. ft in Q1, net operating income up 9% July 26, 2023 03:46 PM IST

    Embassy REIT leases 1.1 million sq. ft in Q1, net operating income up 9%

    The company projected 6 million square feet of total leasing and distribution in the range of Rs 20.5 to Rs 22 per unit in FY24.

  • Suraj Estate Developers refiles draft papers for Rs 400-crore IPO July 26, 2023 01:18 PM IST

    Suraj Estate Developers refiles draft papers for Rs 400-crore IPO

    Before this, the Mumbai-based realty film filed its draft IPO papers in March 2022.

  • Maharashtra open to changes to strengthen RERA Act, homebuyers interests: Deputy CM Fadnavis July 26, 2023 12:47 PM IST

    Maharashtra open to changes to strengthen RERA Act, homebuyers interests: Deputy CM Fadnavis

    The proposals may include steps to improve the process of executing recovery warrants issued to developers for not handing over possession of homes to buyers.

  • Ajmera Realty spikes 6% on 82% surge in June quarter profit July 26, 2023 11:46 AM IST

    Ajmera Realty spikes 6% on 82% surge in June quarter profit

    The company said it recorded YoY growth in revenue of 113 percent to Rs 118 crore and 82 percent in PAT amounting to Rs 21 crore,

  • Commercial real estate market witnessing early signs of ‘caution among start-ups’: Experts July 26, 2023 07:27 AM IST

    Commercial real estate market witnessing early signs of ‘caution among start-ups’: Experts

    Many have also resorted to taking up space in co-working spaces rather than conventional offices to save costs.

  • Exclusive: Birla Estates has finalised 5 housing projects with revenue potential of Rs 9,000 crore: MD and CEO July 26, 2023 07:19 AM IST

    Exclusive: Birla Estates has finalised 5 housing projects with revenue potential of Rs 9,000 crore: MD and CEO

    The projects are located in Bengaluru, Mumbai, Pune and Delhi. The company plans to launch more projects and new phases across India in the ultra luxury, luxury and mid segments.

  • Mindspace Business Parks REIT net operating income rises 13.8 percent to Rs 457 crore in Q1 FY24; declares distribution of Rs 284.6 crore July 25, 2023 08:53 PM IST

    Mindspace Business Parks REIT net operating income rises 13.8 percent to Rs 457 crore in Q1 FY24; declares distribution of Rs 284.6 crore

    This is a YoY growth of 1.2 percent. The record date for the distribution is July 31.

  • Bengaluru CEO shares struggle to evict defaulting tenant: 'Mom sold all real estate' July 25, 2023 05:55 PM IST

    Bengaluru CEO shares struggle to evict defaulting tenant: 'Mom sold all real estate'

    Capital Mind founder and CEO Deepak Shenoy said it took the family two years to get a court order, after which it took another three months to evict the tenant.

  • Real estate optimism improves on economic stability: Knight Frank-NAREDCO July 25, 2023 04:57 PM IST

    Real estate optimism improves on economic stability: Knight Frank-NAREDCO

    Both the current and future sentiment scores indicate that developers and investors are optimistic about the sector’s prospects.

  • Puravankara rebrands its luxury housing segment to Purva July 25, 2023 04:23 PM IST

    Puravankara rebrands its luxury housing segment to Purva

    Wholly-owned subsidiary Provident Housing will continue to cater to first-time buyers.

  • MC Explains: What the NCLT order means for homebuyers at Lavasa Hill Station? July 25, 2023 04:12 PM IST

    MC Explains: What the NCLT order means for homebuyers at Lavasa Hill Station?

    The company taking over the project has given total three options to homebuyers for ensuring their concerns are dealt with, including that of self-construction.