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Puravankara forays into Delhi-NCR, secures 13.44-acre land parcel in Greater Noida with Rs.5,200 crore GDV potential

India, Sept. 22 -- Bengaluru-based Puravankara Limited has entered the Delhi-NCR real estate market with the allotment of a 13.44-acre land parcel in Greater Noida through its wholly owned subsidiary,... Read More


Embassy Developments signs Rs.711-cr deal for Juhu residential tower with Angel One founder

India, Sept. 22 -- In one of the country's largest single residential unit transactions, Embassy Developments Limited has signed a Memorandum of Understanding with Dinesh Thakkar, founder, chairman, a... Read More


Mumbai's Bandra residents seek safeguards in new promenade policy

India, Sept. 22 -- Citizen groups in Bandra (west), home to three waterfront promenades, have urged the civic administration to preserve these public spaces primarily for walking, recreation and sport... Read More


Chintels Paradiso: Developer seeks nod to raze 6th tower in Gurugram

India, Sept. 22 -- The developer of Chintels Paradiso has sought permission from the Department of Town and Country Planning (DTCP) and the district administration to demolish Tower J of the condomini... Read More


Pankaj Udhas' wife rents out Pune commercial property to ICICI Bank for Rs.2.89 crore

India, Sept. 22 -- ICICI Bank Limited has leased 3,347 sq ft of commercial space in Pune, from Farida Pankaj Udhas, wife of the late legendary ghazal singer Pankaj Udhas, for a 9-year tenure, at a tot... Read More


REITs vs bonds vs property: Where do they fit in an investor's portfolio?

India, Sept. 22 -- What exactly is an investor buying when money goes into a REIT? The obvious answer is real estate. Yet that only tells part of the story. A listed REIT owns income-producing proper... Read More


India's REIT story is getting bigger: What Singapore can teach Indian investors

India, Sept. 22 -- An Indian investor looking at listed REITs today has six names to consider. In Singapore, a market that began building its REIT ecosystem more than two decades ago, the menu extends... Read More


Mumbai's new trophy asset: Forget penthouses, why the ultra-rich are buying entire luxury towers

India, Sept. 22 -- Mumbai real estate market's ultra-luxury residential segment is entering a new phase, with the country's wealthiest buyers increasingly looking beyond individual trophy apartments t... Read More


Common Area Maintenance disputes reveal larger management pain in gated housing societies

India, Sept. 21 -- A 40% increase in common area maintenance (CAM) charges at Noida's Cleo County housing society has triggered multiple protests by its residents since September 5, putting the spotli... Read More


India overtakes Hong Kong to become Asia's fourth-largest REIT market

India, Sept. 21 -- India has overtaken Hong Kong to become Asia's fourth-largest real estate investment trust (REIT) market by value, driven by new product issuance, expanded asset classes and deeper ... Read More