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Industrial and warehousing supply in Q1 2024 touches 7 mn sq ft, highest in last two years

India, April 16 -- Industrial and warehousing supply inched towards 7 million sq ft during Q1 2024, the highest in the last two years. Mumbai and Chennai led the demand with about 55% share. Around 33... Read More


Brigade Enterprises records sale bookings of Rs.6,013 crore in FY24

India, April 16 -- Bengaluru-based Brigade Enterprises Limited reported an almost 46% increase in its annual sale bookings to record sale bookings of Rs.6,013 crore in FY24 on the back of increase in ... Read More


Kanodia Group acquires land in Gurugram for Rs.153 crore; plans to develop a luxury housing project

India, April 16 -- Kanodia Group, which is into the cement business, has acquired a 1.74 acre land parcel in Gurugram for Rs.153 crore and plans to develop a luxury real estate project on it, the comp... Read More


Haryana RERA imposes penalty of Rs.6 lakh on Vatika Ltd; Directs builder to execute BBA within a month

India, April 16 -- The Haryana Real Estate Regulatory Authority (RERA) has penalized the real estate firm, Vatika Limited, with more than Rs.6 lakh for violating the builder-buyer agreement provisions... Read More


Brigade Group to invest Rs.400 crore to develop office space in Chennai

India, April 15 -- Brigade Enterprises Limited will be investing Rs.400 crore to develop a commercial project in Chennai, the company said in a statement. The company has entered into a Joint Develop... Read More


Wellknown Polyester's CMD buys two luxury apartments in Mumbai for Rs.270 crore

India, April 15 -- Macrotech Developers, which uses the Lodha brand, has sold two apartments in its luxury project Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai's posh areas, for Rs.27... Read More


Wellknown Polyester's CMD buys two luxury apartments in Mumbai for Rs 270 crore

India, April 15 -- Macrotech Developers, which uses the Lodha brand, has sold two apartments in its luxury project Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai's posh areas, for Rs.27... Read More


74,486 housing units sold in Q1 2024; share of affordable housing sales decline

India, April 15 -- Housing sales in the first quarter (Jan-March) of 2024 witnessed a 20% increase compared to the same period in 2023, with 74,486 units getting sold in the top seven markets across t... Read More


Delhi RERA chief cautions real estate developers against falling into investors' trap

India, April 13 -- Real estate developers should not fall into the 'trap of investors' as this could affect their cash flows and result in projects getting stalled, Anand Kumar, chairman, Real Estate ... Read More


8 mn sq ft of mall supply likely to hit the market this year: Cushman & Wakefield report

India, April 12 -- Around 8 million square feet of retail supply is expected to hit the market this year. Over a third of the inventory is anticipated to be in superior category malls and nearly half ... Read More