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What is the impact of Bengaluru's water crisis on real estate?

India, April 4 -- Housing sales in Bengaluru have dipped by 2% to 13,133 units from 13,390 units in the year-ago period due to a reduction in sales in the affordable category even as the office demand... Read More


Bengaluru water crisis: Has it impacted real estate sales?

India, April 4 -- Housing sales in Bengaluru have dipped by 2% to 13,133 units from 13,390 units in the year-ago period due to a reduction in sales in the affordable category even as the office demand... Read More


Anarock launches office leasing and advisory vertical, appoints Peush Jain as managing director

India, April 4 -- Property services group Anarock has announced the launch of its dedicated commercial office leasing services and the appointment of Peush Jain as managing director, corporate leasing... Read More


First small and medium REIT expected to be listed by October: Naredco

India, April 3 -- India's first Small and Medium Real Estate Investment Trust (SM-REIT) is expected to be listed on stock exchanges by the month of October. This will enable small investors to own a s... Read More


Brigade Group signs joint development agreement for office space in Bengaluru worth Rs.340 crore

India, April 3 -- Brigade Enterprises Limited has signed a Joint Development Agreement (JDA) with United Oxygen Company Private Limited to develop an office space in Bengaluru worth Rs.340 crore. The... Read More


Sunteck Realty Ltd leases second commercial building in Mumbai for 29 years to generate rent revenue of over Rs.2000 cr

India, April 2 -- Mumbai-based listed real estate developer Sunteck Realty Ltd is expanding its annuity income business of its commercial portfolio and has signed a long-term lease agreement with Benn... Read More


Institutional investments in real estate touch $1.0 billion in Q1 2024; share of domestic investments improve

India, April 2 -- Institutional investments in the real estate sector touched $1.0 billion in the first quarter of 2024. While this was a 40% drop compared to the same period last year, real estate in... Read More


Bengaluru-based Sobha Ltd gets Rs.46 crore income tax demand notices; company to file appeal

India, April 2 -- Listed real estate firm Sobha Ltd has received demand notices of nearly Rs.46 crore from the Income Tax Department. The Bengaluru-based company said that it is in the process of fili... Read More


Prestige group raises Rs.2,001 cr from ADIA, Kotak AIF to build housing projects across four cities

India, April 1 -- Bengaluru-based Prestige Group has raised Rs.2,001 crore from the Abu Dhabi Investment Authority (ADIA) and Kotak AIF to develop greenfield residential projects across four cities - ... Read More


Hospitality sector witnesses $401 million investment activity in FY23: JLL

India, April 1 -- Hotel Investments in India touched $401 million in 2023 which was nearly a four-fold increase in the volumes witnessed in 2022. As many as 25% of the overall value of transactions in... Read More