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Buyers in possession of plot, flat or building must be given ownership: IBBI

India, Nov. 8 -- The Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to streamline the insolvency process for real estate companies and enhance protection for homebuyers. For thou... Read More


Mumbai real estate deal: Mahindra Lifespaces signs joint development agreement for a 37- acre land parcel in Bhandup

India, Nov. 8 -- Listed real estate developer Mahindra Lifespaces Developers Limited (MLDL) on November 8 announced a joint development pact with GKW Ltd for a 37-acre land parcel in Mumbai's Bhandup ... Read More


The House of Abhinandan Lodha expands footprint in 6 new cities; to invest Rs.3000 cr in plotted development projects

India, Nov. 8 -- Mumbai-based real estate firm, The House of Abhinandan Lodha (HoABL), that shot to fame after it launched the first luxury plotted development project in Ayodhya soon after the Ram te... Read More


The House of Abhinandan Lodha expands footprint in 6 new cities, to invest Rs.3000 cr in plotted development projects

India, Nov. 8 -- Mumbai-based real estate firm, The House of Abhinandan Lodha (HoABL), that shot to fame after it launched the first luxury plotted development project in Ayodhya soon after the Ram te... Read More


Embassy REIT announces appointment of Ritwik Bhattacharjee as interim CEO

India, Nov. 7 -- Embassy Office Parks REIT, India's first listed REIT and the largest office REIT in Asia by area, on November 7 announced the appointment of Ritwik Bhattacharjee as its Interim Chief ... Read More


Home loans emerge as top financing choice for potential home buyers: Report

India, Nov. 7 -- As many as 80% of people who aspire to own property prefer to take a home loan for it. Besides location (50%), size (45%), affordability (45%), availability of financing options (29%)... Read More


Ajmera Realty's Bengaluru project sees 37% bookings at launch

India, Nov. 7 -- Mumbai-based real estate developer Ajmera Realty & Infra India Ltd sold 37% of the inventory in its latest residential project in Bengaluru within a week of its launch, the company sa... Read More


Retail leasing touches 1.6 mn sq ft in the third quarter of 2024; High street rentals see growth of 15% YoY in Q3 2024

India, Nov. 7 -- Retail leasing of 1.6 mn sq ft was recorded in the third quarter of 2024 with Hyderabad, Delhi NCR, and Mumbai leading the volume. High streets and not malls dominated the leasing lan... Read More


Macrotech Developers acquires Bain Capital's stake in three joint entities for Rs.307 crore

India, Nov. 7 -- Macrotech Developers Ltd, that sells real estate properties under the Lodha brand, has acquired Bain Capital's stake in three industrial and logistics park entities for Rs.307 crore i... Read More


Here's why Bollywood stars invest in residential and commercial real estate

India, Nov. 6 -- Several Bollywood stars have been in the news for buying apartments across luxury projects in Mumbai. In fact, many buildings located in areas such as Bandra, Khar, Lokhandwala in And... Read More