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Retail leasing expected to be firm in 2024, to touch 6-6.5 mn sq ft by year end; Tier-II markets to attract new brands

India, April 10 -- Retail leasing is expected to sustain between 6 to 6.5 mn sq ft in 2024 fueled by leasing activity across malls and high streets with Hyderabad, Bengaluru and Delhi likely to accoun... Read More


Haryana RERA denies Godrej Developers & Properties' application for project extension

India, April 9 -- Haryana's real estate regulatory authority, Gurugram, has denied Godrej Developers & Properties application for extension of registration citing non-compliance of RERA norms. The Au... Read More


Haryana RERA denies Godrej Developers & Properties' application for Gurugram project's extension; freezes account

India, April 9 -- Haryana's real estate regulatory authority, Gurugram, has denied Godrej Developers & Properties application for extension of registration citing non-compliance of RERA norms. The Au... Read More


Migsun Group to invest Rs 426 cr to develop mixed-use real estate project in Lucknow

India, April 9 -- Migsun Group will be developing a mixed-use real estate project in Lucknow for which it will invest Rs.426 crore, the company said in a statement. The project is expected to have re... Read More


Finolex Industries sells leasehold rights of 25 acres of land in Pune for Rs.470 crore

India, April 9 -- Finolex Industries has sold its leasehold rights of 25 acres for Rs.470 crore to Terra Vista Developer in Pimpri, Waghere, Pune, documents accessed by CRE Matrix showed. This concer... Read More


Flex office space contributes to more than one-third of Delhi-NCR's office leasing activity in Q1 2024

India, April 9 -- Gross office leasing in Delhi-NCR touched 4.03 mn sq ft in the first quarter (Jan-March) of 2024 on the back of leasing demand from domestic occupiers, including flex, who accounted ... Read More


Real estate developers expect Gudi Padwa to fuel housing sales in Mumbai

India, April 9 -- Real estate developers in Maharashtra are hoping that Gudi Padwa, being celebrated on April 9, will help fuel housing sales. Many of them are offering discounts and lucrative incenti... Read More


Godrej Properties sales bookings in FY24 cross Rs.22,500 crore, up 84% year-on-year

India, April 9 -- Mumbai-based real estate firm Godrej Properties on April 9 reported a 84% year-on-year increase in sales bookings to a record Rs.22,500 crore on the back of increased housing demand,... Read More


Homes worth Rs.1.11 lakh crore sold during Jan-Mar 2024; Up by 68% in value terms: Report

India, April 9 -- Homes worth Rs.1.11 lakh crore were sold in the January to March 2024 period with housing sales increasing by 68% in value terms, according to a report by PropTiger.com In its quart... Read More


Mumbai-based Godrej Properties sells homes worth over Rs 3,000 crores in Gurugram

India, April 8 -- Mumbai-based listed real estate company, Godrej Properties Ltd, on April 8 announced that it has sold over 1050 homes worth over Rs.3,000 crore in its project, Godrej Zenith, located... Read More