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NeoLiv raises Rs.300 crore in first close of maiden AIF for development of housing projects

India, March 14 -- Residential real estate platform Neoliv said on March 14 that it has raised more than Rs.300 crore in the first close of its maiden Alternate Investment Fund and that the funds will... Read More


Leasing demand for manufacturing space up; expected to touch around 16 million sq ft by 2024: JLL

India, March 14 -- Leasing demand for manufacturing space has increased and is projected to touch approximately 16 million sq ft by the end of 2024, JLL India said in a report. In its report titled '... Read More


At 27% Mumbai witnesses the highest coworking rental growth since FY20

India, March 14 -- Mumbai has seen the highest coworking average monthly rental growth of 27% in the last four years followed by Gurugram at 19%, a new report by MyHQ by Anarock has said.The six citie... Read More


Luxury brands lease 0.6 mn sq ft of retail space in 2023; High Streets emerge as the top leasing choice

India, March 13 -- Retail stores across high streets remained the top choice for luxury brands in India's top eight cities in 2023. Also, the highest concentration of the luxury retail sector is in th... Read More


Delhi Metro Phase 4 projects: Approval of two Metro corridors to enhance connectivity and impact real estate markets

India, March 13 -- The Union cabinet's approval of two new Delhi Metro corridors will not only provide improved connectivity and address the growing congestion in the city, it is also expected to rein... Read More


DLF sells land parcel in Chennai for Rs.735 cr to Cholamandalam Investment and Finance Company

India, March 13 -- Cholamandalam Investment and Finance Company Ltd has bought 4.67 acre land in Chennai from real estate major DLF Ltd for Rs.735 crore, the company said in a regulatory filing. The ... Read More


Motilal Oswal's top official buys Mumbai apartment for over Rs.36 crore

India, March 13 -- Managing director of Motilal Oswal Financial Services Limited, Ashish Sharad Gumashta, has bought a 3416 sq ft apartment in Bandra, Mumbai, for Rs.36.19 crore, property registration... Read More


Amitabh Bachchan's next door bungalow up for sale. Reserve price set at Rs.25 crore

India, March 13 -- Amitabh Bachchan may soon have a new neighbour. Deutsche Bank has issued a public notice that says it plans to auction a bungalow located next to Amitabh Bachchan's property named J... Read More


Mahindra Lifespaces acquires 9.4 acres land parcel in Whitefield, Bengaluru

India, March 12 -- Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced the acquisition of 9.4 acres of land in Whitefield,... Read More


Fractional ownership market in India predicted to grow over 10x to surpass $5 billion by 2030: JLL-PropShare analysis

India, March 12 -- The Indian fractional ownership market is currently estimated at around $500 million and is expected to grow 10 times in the next five years to surpass $5 billion of Asset Under Man... Read More