Embassy Office Parks REIT’s Q2 net operating revenue grew 4% YoY to Rs 889 crore
In Q2 FY2024, Embassy Office Parks REIT reported leasing 2 million square feet (msf) of office space through 25 deals, resulting in operational revenue of Rs 889 crore, marking a 4% increase, according to an October 26 regulatory filing. This…
Telangana Beats the Heat with New Cool Roof Policy
The Government of Telangana has put forward the Cool Roof Policy 2023-2028, with a vision to make Telangana a thermally comfortable and a heat resilient state. The Policy comes in the wake of rapid urbanization leading to higher temperatures, poor…
5 Real Estate Micro Markets Homebuyers Should Monitor for Mumbai’s Air Quality
Mumbai has witnessed a concerning decline in air quality over the past two years, posing significant health risks to its residents. As air quality once again reaches alarming levels, the Brihanmumbai Municipal Corporation (BMC), Mumbai’s civic body, has issued guidelines…
Yamuna Expressway authority set to roll out 2,000 more plots
Following the resounding success of its recently concluded residential plots scheme, the Yamuna Expressway Industrial Development Authority (YEIDA) is planning to introduce a similar scheme in January-February 2024. This new scheme is expected to encompass over 2,000 residential plots of…
2300 DDA flats were sold within 100 days of housing scheme launch
Approximately 100 days after initiating its housing scheme, the Delhi Development Authority (DDA) has successfully sold close to 2,300 flats. The housing scheme, which was launched on June 30, offered 5,600 flats in one, two, and three BHK configurations in…
CRC Group plans to launch three Noida projects, targeting a top-line revenue of around Rs 3,500 crore
NCR-based real estate developer CRC Group is set to embark on significant projects. They plan to develop ‘The Flagship,’ a Grade-A IT/ITES integrated premium commercial project along the Noida-Greater Noida Expressway, with an investment of approximately Rs 750-Rs 800 crore….
Prestige Group is set to unveil residential housing projects in key locations
Prestige Estates Projects Ltd, a real estate firm based in Bengaluru and listed on the stock exchange, is gearing up to introduce a series of projects in 2023 across major cities in India, including Delhi, NCR, Bengaluru, Hyderabad, Chennai, Mumbai,…
Accomplished Real Estate Professional Dr. Renu Singh on board as Director Sales & Marketing at Aarize Group
Aarize Group, a distinguished name in the real estate sector, proudly welcomes Dr. Renu Singh as the newly appointed Director Sales & Marketing. With an impressive career spanning two decades, Dr. Singh brings a wealth of experience and a track…
RBI Maintains Repo Rate at 6.5% – Implications for Homebuyers
In a significant relief for homebuyers, the Reserve Bank of India (RBI) announced on Thursday its unanimous decision to maintain the repo rate at 6.5 percent during its monetary policy meeting. The central bank’s primary focus remains on managing inflation,…
Builders in Mumbai Shell Out Rs 5,400 per Sqft as Premium to Authorities
Builders in Mumbai are paying a hefty average fee of Rs 5,400 per square foot for various approvals required from government authorities, according to a report from an organization representing top builders. This high fee is impacting Mumbai’s growth as…