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Mahindra Lifespaces to exit affordable housing by FY30, shifts focus to premium segment: CEO

India, May 27 -- Mahindra Lifespaces, the real estate arm of the Mahindra Group, has said that the company plans to exit from the affordable housing segment for the time being, stating that it will ha... Read More


Sumadhura Group forays into managed office spaces, to lease 1 mn sq ft of space in next 3 years

India, May 27 -- Bengaluru-based real estate developer Sumadhura Group has entered the managed office space (MOS) segment with the launch of Workship. The company aims to lease over 1 million square f... Read More


Luxury real estate showing signs of fatigue, but inventory in the hands of strong developers: Raymond Realty CEO

India, May 26 -- The luxury real estate segment is showing signs of fatigue. While it represents a smaller portion of the overall market with limited participation by fewer players, inventory levels r... Read More


80% Indians prioritise homeownership; Chennai, MMR, Ahmedabad lead in sentiment

India, May 26 -- Homeownership is a priority for 80% of Indians, with the strongest purchase sentiment seen in Chennai (86%), Ahmedabad (83%), and the Mumbai Metropolitan Region (85%), according to a ... Read More


80% of Indians favour homeownership: Chennai and MMR lead the charge

India, May 26 -- Homeownership is a priority for 80% of Indians, with the strongest purchase sentiment seen in Chennai (86%), Ahmedabad (83%), and the Mumbai Metropolitan Region (85%), according to a ... Read More


State Street leases 2.1 lakh sq ft of office space in Coimbatore for Rs.1 crore monthly rent

India, May 26 -- State Street Corporate Services Delhi Private Limited, a subsidiary of global financial services provider State Street Corporation, has leased 2.1 lakh sq ft of office space in Coimba... Read More


Mumbai Rains: How waterlogging and flooding impact the financial capital's property market

India, May 26 -- Mumbai, India's most expensive real estate market, continues to command premium property prices. However, the monsoon season-stretching from June to September-poses seasonal challenge... Read More


Bengaluru: Here's how Foxconn's iPhone plant is reshaping Devanahalli's real estate market

India, May 24 -- With Foxconn's iPhone manufacturing facility in Devanahalli, Bengaluru, nearing completion, the city's northern corridor is witnessing a surge in real estate activity. According to re... Read More


Bengaluru floods: Karnataka may ban basement parking in flood-prone areas; Experts flag high costs, design challenges

India, May 23 -- Karnataka is considering a ban on basement parking in flood-prone zones of Bengaluru to improve resilience against urban flooding. While real estate experts agree the move could help ... Read More


Bengaluru floods: Karnataka may ban basement parking in flood-prone areas; Experts flag higher costs, design challenges

India, May 23 -- Karnataka is considering a ban on basement parking in flood-prone zones of Bengaluru to improve resilience against urban flooding. While real estate experts agree the move could help ... Read More