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Godrej Properties highest bidder for land parcel in Noida with revenue potential of Rs.3000 crore

India, March 5 -- Listed real estate developer Godrej Properties has won the bid for a 6.45-acre group housing plot in Noida that will have a total estimated revenue potential of around Rs.3,000 crore... Read More


Almost 50% home buyers prefer 3BHK homes; 75% want balconies: FICCI-Anarock survey

India, March 5 -- In a reversal of trend, almost 50% of home buyers prefer buying 3BHK homes and 38% favor 2BHKs. As many as 75% of property seekers now want balconies. That's not all, as many as 58% ... Read More


Godrej Properties to develop township project in Bengaluru with a revenue potential of Rs.5000 crore

India, March 4 -- Real estate major Godrej Properties Ltd on March 4 announced that it has entered into definitive agreements to develop a large township project in North Bengaluru under a profit-shar... Read More


Promoters of wires and cables manufacturer RR Kabel Ltd buy two apartments in Mumbai for Rs.50.76 crore

India, March 2 -- Promoters of wires and cables manufacturer RR Kabel Ltd, Sumeet Mahendrakumar Kabra and Mahendra Kumar Rameshwarlal Kabra, have bought two housing units in Prabhadevi, Mumbai, for Rs... Read More


JLL strengthens presence in North India, opens office in Noida

India, March 1 -- Real estate consultancy firm JLL has opened a new office in Noida spread across an area of approximately 4000 sq ft, the company said in a statement. "We have consistently maintaine... Read More


CapitaLand India Trust acquires IT-SEZ project in Pune for Rs.773 crore

India, March 1 -- CapitaLand India Trust (CLINT) has completed the acquisition of a 1.4 million sq ft multi-tenanted IT SEZ project in Hinjawadi, Pune, for Rs.773 crore, the company said in a statemen... Read More


NBCC sells 2 lakh sq ft commercial space in South Delhi's World Trade Centre for Rs.828 crore

India, March 1 -- The government's construction arm NBCC (India) Ltd has sold 2.05 lakh sq ft of commercial space for approximately Rs.827.78 crore in the World Trade Centre project at Nauroji Nagar, ... Read More


Emaar India plans to invest a billion dollars over the next 4 to 5 years to develop real estate projects in the country

India, Feb. 29 -- Real estate company Emaar India plans to launch close to 8 to 10 mn sq ft this year with an investment of about a billion dollars over the next four to five years. Almost 80% of the ... Read More


Shapoorji Pallonji Real Estate eyes Rs.500 crore revenue from new luxury project in Bengaluru

India, Feb. 29 -- Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet and is eyeing a revenue potential of almost... Read More


Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years

India, Feb. 28 -- Amidst a positive economic outlook, housing demand has scaled up and property prices across the top eight cities in India have surged by around 20% in the last two years, a report by... Read More