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 […]
Mumbai-based Arkade Developers is set to launch a luxury residential project featuring 3- and 4-BHK apartments on the iconic Filmistan Studio land in Goregaon, Mumbai, a site founded by Bollywood actor Kajol’s grandfather. The project, expected to debut in the next financial year, has an estimated development potential of ₹3,000 crore. Overall, the company plans […]
Bengaluru-based real estate developer Shriram Properties Limited (SPL) has signed a joint development agreement with a landowner for over 7 acres of land in North Bengaluru with a potential revenue of 600 crore, the company said in a regulatory filing. The company is set to develop a premium row housing project as part of a […]
Godrej Properties Ltd has received the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential development, Godrej Trilogy, in Worli, Mumbai. The company, in a regulatory filing on October 27, said it expects to generate over ₹10,000 crore in revenue from the project. The project is part of a […]
The Bombay High Court recently intervened to stop the division of a 620 sq ft apartment into two units in a suburban Mumbai housing society, agreeing with the society’s claim that the split was carried out ‘illegally’. The interim order was issued after the housing society approached the court, alleging that one of its members […]
Nikhil Nanda, chairman and managing director of Escorts Kubota Limited, and son-in-law of Amitabh Bachchan, has purchased a luxury apartment in Mumbai’s Juhu area for around ₹28 crore, according to documents accessed by Liases Foras, a non-broking real estate research and data analytics company specialising in registration data and market intelligence. The transaction was executed […]
Real estate developer Ashiana Housing has launched a residential project in Jamsedpur for a revenue potential of ₹350 crore, the company said in a regulatory statement. The project Ashiana Amaya is located in Dobo. Spread over 3.86 acres with a total saleable area of 4.64 lakh sq. ft. The development will feature 230 premium apartments, […]
New Delhi, Oct 19 (PTI) Realty firm Sobha Ltd will launch residential projects worth ₹22,000 crore over the next 18 months across many cities to expand business. According to a latest investors presentation, Sobha Ltd will launch 13 projects across Bengaluru, Mumbai, Delhi-NCR, Pune, Chennai, Calicut, Thrissur and Trivandrum. The company will launch 16 million […]
A Reddit post from a homebuyer has once again reignited the conversation around Bengaluru’s soaring property prices, and the growing sentiment that even well-paid tech professionals can no longer afford homes in the city they helped build. The poster, who has been searching for a 3BHK with a ₹2.5 crore budget, said that most builders […]
The much-anticipated Maharashtra Housing and Area Development Authority (MHADA) housing lottery will not take place in 2025, contrary to earlier expectations that the lottery for 5,000 affordable homes would be held around Diwali this year. According to MHADA officials, the lottery schedule has been pushed back to March 2026. However, the exact date and the […]
