Investment inflows in Indian realty rise 37%YoY in Q1 2023; Office continues to lead the rally
Institutional investments in real estate remained strong during Q1 2023 at USD1.7 Bn, led by office sector, lending an optimistic outlook for the year. The office sector continued to drive the investment inflows accounting for 55% of the total inflows…
Developers to state how long will apartment last in their plan
Lucknow Development Authority is planning to make the clause binding on developers who are planning a building that has four or more floors. All private developers, who undertake commercial, residential or any other projects, will soon have to mention the…
Nearly 1,000 properties registered daily in Indore
Close to 1000 properties are getting registered daily in Indore with March seen generating around Rs 350 crore income from sale deeds of property led by a surge in demand for residential apartments and investments in plots and commercial property….
WAL Developments Grand Entry into Real Estate
WAL Developments, a stellar entrant in the Indian real estate industry has made national headlines with the launch of the first of its kind, environmentally sustainable premium commercial SCO plotted colony, WAL STREET 73. Located on the coveted SPR in Sector…
Delhi-NCR Emerging as the Most Favourable Commercial Real Estate Destination
Real estate has been witnessing vigorous growth in the country, and Delhi-NCR is one of the most popular hotspots. The region is excelling in delivering both quality and quantity of projects across both residential and commercial segments. The availability of…
Emerging trends in office sector 2023
In an optimistic scenario, India’s office sector is likely to see about 35-38 mn sq ft of gross leasing in 2023. In such a case, the economic headwinds are expected to ease out by Q2 2022, and not cause a…
RateGain’s founder buys bungalow in Delhi
RateGain founder Bhanu Chopra has bought an 850 sq m bungalow at Delhi’s Golf Links for Rs 127.5 crore, three people aware of the development said. RateGain is a global provider of SaaS solutions for the travel and hospitality sectors. According to registry documents accessed…
Noida & Gurugram witnessed record housing price appreciation in 2023
The residential property prices in Noida and Gurgaon recorded the biggest hike in 2022, registering strong demand from homebuyers for both luxury and mid-segment housing. According to Cushman & Wakefield statistics from over 70 micro-markets in eight cities, the property…
NCLT approves Suraksha group’s bid for Jaypee Infratech
The National Company Law Tribunal (NCLT) on Tuesday approved the Mumbai-based Suraksha group’s bid to acquire debt-ridden Jaypee Infratech Ltd through an insolvency resolution process and complete around 20,000 flats across various projects in the national capital region. A two-member…
AMC to prevent sale deed registration of illegal property
If your constructed property or illegal extension figures in the civic body’s demolition list, it may get difficult for you to register the sale deed of the property. On Thursday, Municipal Commissioner M Thennarasan shot off a circular to officials of all…