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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


Kolkata Real Estate market: Over 4800 properties registered in the city; 64% YoY growth over February 2023

India, March 12 -- As many as 4,806 apartments were registered in Kolkata Metropolitan Region in February, a 306% month-on-month (MoM) growth, after a slowdown in property registrations in January 202... Read More


Mumbai Coastal Road inaugurated: Here's how it will impact real estate demand and prices

India, March 11 -- Maharashtra Chief Minister Eknath Shinde inaugurated the first phase of the Coastal Road between Worli and Marine Drive in south Mumbai on March 11. This is expected to reduce trave... Read More


Dwarka Expressway inauguration: The impact on Gurugram real estate prices

India, March 11 -- Prime Minister Narendra Modi on March 11 inaugurated the Haryana section of the Dwarka Expressway. This is expected to improve traffic flow and ease congestion between Delhi and Gur... Read More


SEBI notifies SM REITs: Move to regulate fractional ownership industry and safeguard investors' interests

India, March 10 -- The Security and Exchange Board of India's (SEBI) decision to notify Small and Medium Real Estate Investment Trusts (REITs) will provide a boost to the fractional ownership industry... Read More