A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. (Picture […]
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 […]
Tribeca Developers, India’s licensed partner of the Trump Organization, has repaid ₹200 crore to HDFC Capital for its flagship Mumbai project, The Edge, the company said in a statement. Tribeca Developers has repaid ₹200 crore to HDFC Capital for its Mumbai project, The Edge, the company said. (Representational Photo) (Unsplash) The early closure highlighted the […]
Mahindra Logistics Limited has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at a total rent of over ₹135 crore, according to documents accessed by Propstack. Mahindra Logistics has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at over ₹135 crore, documents from Propstack show. (Representational Image) […]
(Bloomberg) — Singapore’s new private home sales fell in September as developers held back on major project releases during a traditionally quiet period. Singapore’s home sales declined in September as developers delayed major project launches during a typically slow season. (Picture for representational purposes only) (Pexels) Developers sold about 255 units in the month, according […]
Mumbai-based listed real estate developer Godrej Properties Ltd (GPL) has acquired a 26-acre prime land parcel near Sarjapur Road in South Bengaluru, with plans to develop a premium residential project expected to generate around ₹1,100 crore in revenue potential, the company said in a regulatory filing. Godrej Properties has acquired a 26-acre land parcel near […]
The Maharashtra Housing and Area Development Authority (MHADA) is expected to put its most expensive apartments, worth over ₹7 crore, up for sale on a first-come, first-served basis ahead of Diwali 2025. The MHADA’s luxury apartments were on sale in the last two Mumbai Lotteries under the High Income Group (MIG) category; however, they did […]
India has ranked sixth worldwide in live projects, contributing 4% to the global supply of branded residences, according to a report by Knight Frank India, a real estate consultancy firm. The report said that Mumbai, Delhi-NCR, Bengaluru, and Pune lead India’s branded residence landscape. India ranks sixth globally in live branded residence projects, contributing 4% […]
Bengaluru-based, listed real estate developer Prestige Group announced on October 14 the launch of a residential project spanning 5.2 acres in Mira Road, near Mumbai. According to the company, the project comprises 1,324 residential units spread across 1 million sq ft, with a gross development value (GDV) of ₹2,000 crore. Bengaluru-based, listed real estate developer […]
(Bloomberg) — Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during a real estate crisis that has triggered $130 billion of defaults. Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during […]
