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Luxury homes priced above Rs.50 crore and above witness a 1.5X y-o-y increase

India, March 26 -- Luxury homes priced Rs.50 crore and above have seen a surge in sales value from Rs.2,859 crore in 2022 to Rs.4,319 crore in 2023, an increase by almost 1.5X. Mumbai witnessed the ma... Read More


Luxury homes priced above Rs.50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand

India, March 26 -- Luxury homes priced Rs.50 crore and above have seen a surge in sales value from Rs.2,859 crore in 2022 to Rs.4,319 crore in 2023, an increase by almost 1.5X. Mumbai witnessed the ma... Read More


RERA update: Uttar Pradesh real estate regulatory authority passes 5 orders to safeguard homebuyers' interests

India, March 26 -- The Uttar Pradesh Real Estate Regulatory Authority has passed several orders over the last few weeks to protect the interest of homebuyers. It has directed real estate developers to... Read More


Share of GCCs in office transactions in Chennai increases by 55% in 2023

India, March 26 -- Global Capacity Centres (GCC) focused transactions dominated more than half of the office volume deals in Chennai during 2023, totalling 6.02 mn sq ft across 71 deals, a report by K... Read More


Bank of America leases two commercial units in Malad for 10 years for Rs.91.5 lakh per month

India, March 22 -- Bank of America, through its non-banking subsidiary, has leased two commercial units in Malad for 10 years at a starting monthly rent of Rs.91.5 lakh, documents accessed by FloorTap... Read More


Rekha Jhunjhunwala buys Mumbai apartment for Rs.11.76 crore

India, March 22 -- Rekha Jhunjhunwala, who is the wife of late billionaire Rakesh Jhunjhunwala, has purchased an apartment in Mumbai for Rs.11.76 crore, documents accessed by IndexTap showed. The apa... Read More


Marriott International to debut Ritz-Carlton brand in Jaipur; signs agreement with Gurnani Resorts & hotels

India, March 21 -- Marriott International Inc has signed an agreement with Gurnani Resorts & Hotels to introduce its globally acclaimed The Ritz-Carlton brand in Jaipur, Rajasthan.Anticipated to debut... Read More


Prestige Group expands footprint in Delhi-NCR; acquires 62.5 acres in Ghaziabad for a township project

India, March 21 -- Real estate firm Prestige Estates Projects Ltd has expanded its footprint in Delhi-NCR by acquiring 62.5 acres at Indirapuram Extension in Ghaziabad and is planning to develop a tow... Read More


Pune's property registrations touch 17,570; stamp duty collection at Rs.620 crore

India, March 21 -- Real estate registrations in Pune have touched 17,570, signaling a 23% increase compared to the previous year in February 2024. Stamp duty collections for the month were at Rs.620 c... Read More


General Elections - Will the housing market witness another peak in 2024?

India, March 21 -- General elections and residential real estate appear closely linked. With most real estate regulatory reforms in place and high homebuyer demand, there is enough indication that 202... Read More