India Sotheby’s International Realty expands top leadership

India Sotheby’s International Realty has appointed Vinamra Shastri to its Board of Directors. In his new role, he will provide strategic direction across the company’s advisory, and Alternate Investment Fund (AIF) businesses, the company said in a statement on November 18. Delhi-based real estate consultant India Sotheby’s International Realty, which is primarily focused on the […]

Are ultra-luxury properties becoming the new blue-chip stock for India’s rich?

The ultra-luxury real estate market was once mainly about lifestyle. Today, it is emerging as a critical wealth-preservation tool for the country’s richest buyers. These properties, ranging from over ₹50 crore residences to ₹200 crore marquee apartments, are increasingly viewed as long-duration financial assets. They are akin to blue-chip equity: they are scarce, stable, and […]

Delhi-NCR industrialist buys four ultra-luxury apartments in DLF’s The Dahlias project, Gurugram, for ₹380 crore

A Delhi-NCR-based industrialist has bought four apartments totalling nearly 35,000 sq ft at DLF’s ultra-luxury project The Dahlias on Golf Course Road for about ₹380 crore, in one of the country’s most expensive residential deals, according to property brokers. A Delhi-NCR-based industrialist has bought four apartments totalling nearly 35,000 sq ft at DLF’s ultra-luxury project […]

Experion Developers awards ₹800 crore construction contract to Tata Projects for its Gurugram residential project

Experion Developers Pvt Ltd (EDPL), an international real estate developer, has partnered with TATA Projects Ltd (TPL), appointing it as the principal contractor for its upcoming residential project The Trillion in Gurugram. Valued at over ₹800 crore, the agreement marks one of the largest housing construction contracts in the region. In a statement, Experion Developers […]

Signature Global raises ₹875 cr via non-convertible debentures from IFC; to fund new housing projects and reduce debt

Gurugram-based listed real estate firm Signature Global (India) Ltd announced on October 28 that it has raised ₹875 crore through a private placement of Non-Convertible Debentures (NCDs) to the International Finance Corporation (IFC), the World Bank’s lending arm. The funds will be used to develop housing projects and reduce debt. “Signature Global will utilise the […]