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Housing sales to see steady growth; luxury segment to dominate new launches: Crisil

India, July 1 -- Residential real estate developers are expected to see stable sales growth this fiscal and the next, as demand normalizes after three years of strong post-pandemic recovery. According... Read More


Pune emerges as top industrial real estate market, outperforms Delhi-NCR and Mumbai for the second year in a row

India, July 1 -- Pune's industrial real estate market has seen an increase, with annual net absorption nearly tripling from 4.2 million sq. ft. in 2019 to 11.3 million sq ft. by the end of 2024, a 2.5... Read More


BPTP to invest Rs.3000 crore to develop a premium housing project in Gurugram

India, July 1 -- Real estate developer BPTP Group is investing nearly Rs.3,000 crore to develop a premium glass-facade housing project on Gurugram's Dwarka Expressway, with an expected revenue of Rs.6... Read More


GB Nagar: Notified land sale prohibited to expedite work on 74.3 km new link E-way

India, July 1 -- The Uttar Pradesh Expressway Industrial Development Authority (UPEIDA) has directed the Gautam Budh Nagar and Bulandshahr district administrations to prohibit sale and purchase of not... Read More


Ghaziabad municipal corporation scraps property tax hike

India, July 1 -- The Ghaziabad municipal corporation on Monday rejected the proposed property tax hike after it faced stiff opposition from public representatives during a special board meeting, mayor... Read More


Gautam Singhania on luxury real estate: 'If Raymond can make Rs.16 lakh jackets, why not Rs.100 crore apartments someday?'

India, July 1 -- Gautam Singhania, chairman of Raymond Group, has said that while Raymond Realty aspires to one day sell Rs.100 crore luxury apartments, the focus for now remains on the 'belly of the ... Read More


Chennai only city to see increase in housing demand as overall sales drop 20% in April-June quarter

India, July 1 -- Housing sales declined by an estimated 20% to 96,285 units during the April-June quarter across seven major cities including Delhi-NCR, Mumbai Metropolitan Region, Bengaluru, Hyderaba... Read More


Bengaluru real estate: From July 1, e-Khata mandatory for all BBMP properties. Have you got yours?

India, July 1 -- Karnataka deputy chief minister D K Shivakumar has said that over 5.34 lakh properties have so far been brought under the ongoing e-Khata drive, aimed at digitising property records a... Read More


Bengaluru real estate: People's Education Society buys two independent homes for Rs.110 crore in Sadashiva Nagar

India, June 30 -- People's Education Society (PES), which runs PES University, has bought two independent houses in Bengaluru's upscale Sadashiva Nagar area for a total of Rs.110 crore, according to p... Read More


Bengaluru real estate: People's Education Society buys two properties for Rs.110 crore in Sadashiva Nagar

India, June 30 -- People's Education Society (PES), which runs PES University, has acquired two independent houses in Bengaluru's upscale Sadashiva Nagar area for a total of Rs.110 crore, according to... Read More