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Gross office leasing activity touches 15.16 mn sq ft in Q1 2024; tech remains sluggish

India, April 8 -- Gross office leasing activity touched 15.16 million sq ft in Q1 2024, an increase of around 13.8% compared to the same period last year, on the back of demand from domestic occupiers... Read More


Signature Global's Q4 sales bookings touch Rs.4,140 crore; FY24 pre-sales grow 112% to Rs.7270 crore

India, April 7 -- NCR-based real estate developer Signature Global has reported sales bookings of Rs.41.4 billion (4140 crore) in the fourth quarter of last fiscal year and Rs.72.7 billion (7270 crore... Read More


RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales

India, April 5 -- As expected, the Reserve Bank of India on April 5 once again kept the repo rate unchanged at 6.5 per cent. The decision offers a sense of continuity and predictability to the real es... Read More


RBI Monetary Policy 2024: Unchanged interest rates to encourage homebuyers to invest in real estate; boost housing sales

India, April 5 -- As expected, the Reserve Bank of India on April 5 once again kept the repo rate unchanged at 6.5 per cent. The decision offers a sense of continuity and predictability to the real es... Read More


Bengaluru-based Puravankara crosses Rs.5,914 crore in sales in FY24

India, April 5 -- Bengaluru-based Puravankara Limited has recorded sales of Rs.5,914 crore in FY24, an increase of 90% compared to Rs.3,107 crore in FY23. Customer collections increased by 60 per cent... Read More


Ascott forays into North India; announces opening of apart'hotel in Gurugram

India, April 5 -- International hospitality brand, The Ascott Limited, has forayed into North India along with the real estate developer Paras Buildtech with the launch of its first serviced apartment... Read More


Godrej Properties sells homes worth Rs.2,690 crore in its new project in Mumbai

India, April 5 -- Mumbai-based real estate developer Godrej Properties Ltd has sold housing inventory worth Rs.2,690 crore in its new project, Godrej Reserve, located in Kandivali, Mumbai. The project... Read More


Office market surges to 16.2 mn sq ft transactions in Q1 2024; Residential sector keeps pace with sale of 86,345 units

India, April 4 -- Office space transactions across the top eight markets in India touched 16.2 million square feet (mn sq ft) in Q1 2024, marking a 43% year-on-year (YoY) growth in Q1 2024. As far as ... Read More


Prestige Group acquires 21 acres of land in Whitefield, Bengaluru, for Rs.450 crore

India, April 4 -- Listed real estate firm, Prestige Group, has acquired 21 acres of land in Whitefield, Bengaluru, for Rs.450 crore and plans to develop a residential project spanning 4 mn sq ft of de... Read More


Bengaluru-based online gaming firm Gameskraft buys land parcel in Gurugram for Rs.90 crore

India, April 4 -- Bengaluru-based online gaming company Gameskraft Technologies Private Limited has bought a land parcel spread over an area of 8.61 acres in Gurugram, Haryana, for Rs.90 crore, docume... Read More