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How Pirojsha Godrej changed India's real estate business

Bengaluru, May 14 -- Sometime before the initial public offering (IPO) of Godrej Properties Ltd, in 2009, Pirojsha Godrej, who was then its executive director, met up with the executives of a prominen... Read More


Flex office operators to ramp up expansion, deepen tier 2 presence this year

Bengaluru, May 7 -- Flexible workspace providers plan to expand their footprint in top cities and enter new tier 2 markets this year, as demand from homegrown and global firms for modern office soluti... Read More


IPOs by flexible workspace firms: Sharing to grow

New Delhi, April 30 -- Flexible workspace provider Awfis Space Solutions recently got the market regulator's nod for a public listing. More operators, which offer modern office solutions, are likely t... Read More


Macrotech Developers raises FY25 pre-sales guidance by a fifth to Rs.17,500 crore

Bengaluru, April 24 -- Macrotech Developers Ltd, which operates under the 'Lodha' brand, has raised its 2024-25 pre-sales guidance by 20% to Rs.17,500 crore, supported by strong demand and a robust la... Read More


From Shantigram to Dharavi: How the rise of Adani's realty play threatens DLF

Bengaluru, April 23 -- "Mumbai is my second home," billionaire businessman Gautam Adani said in a statement, a day after the much-awaited Dharavi redevelopment survey began on 18 March. "Dharavi is no... Read More


Century Real Estate raises Rs.450 crore from Edelweiss to buy land and pay debts

Bengaluru, April 17 -- Century Real Estate Holdings Pvt Ltd has secured Rs.450 crore of debt financing from Edelweiss Alternative Asset Advisors Limited, the asset management arm of financial services... Read More


Mint Primer: Why PE funds are investing less in real estate

New Delhi, April 15 -- Private equity (PE) investments in India's real estate have been falling over the last five years, through a residential boom and recovery in the commercial office segment. Whil... Read More


Prestige Group sets record with FY24 sales topping Rs.21,040 crore

BENGALURU, April 8 -- Real estate developer Prestige Group clocked Rs.21,040 crore worth of home sales in fiscal year 2023-24 (FY24), setting a record for the highest annual sales by any developer, am... Read More


Indiabulls Real Estate to raise Rs.3,911 cr via preferential allotment

Bengaluru, April 6 -- Indiabulls Real Estate Ltd. (IBREL) said its board has approved raising Rs.3,911 crore through a preferential allotment from a group of investors, including Embassy Group, global... Read More


Prestige Group buys Bengaluru land parcel for Rs.450 crore

BENGALURU, April 4 -- Real estate developer Prestige Group has acquired 21 acres of land in Bengaluru's key tech corridor, Whitefield, for Rs.450 crore. The acquired land has been earmarked for a resi... Read More