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Promoters of wires and cables manufacturer RR Kabel Ltd buy two apartments in Mumbai for Rs.50.76 crore

India, March 2 -- Promoters of wires and cables manufacturer RR Kabel Ltd, Sumeet Mahendrakumar Kabra and Mahendra Kumar Rameshwarlal Kabra, have bought two housing units in Prabhadevi, Mumbai, for Rs... Read More


JLL strengthens presence in North India, opens office in Noida

India, March 1 -- Real estate consultancy firm JLL has opened a new office in Noida spread across an area of approximately 4000 sq ft, the company said in a statement. "We have consistently maintaine... Read More


CapitaLand India Trust acquires IT-SEZ project in Pune for Rs.773 crore

India, March 1 -- CapitaLand India Trust (CLINT) has completed the acquisition of a 1.4 million sq ft multi-tenanted IT SEZ project in Hinjawadi, Pune, for Rs.773 crore, the company said in a statemen... Read More


NBCC sells 2 lakh sq ft commercial space in South Delhi's World Trade Centre for Rs.828 crore

India, March 1 -- The government's construction arm NBCC (India) Ltd has sold 2.05 lakh sq ft of commercial space for approximately Rs.827.78 crore in the World Trade Centre project at Nauroji Nagar, ... Read More


Emaar India plans to invest a billion dollars over the next 4 to 5 years to develop real estate projects in the country

India, Feb. 29 -- Real estate company Emaar India plans to launch close to 8 to 10 mn sq ft this year with an investment of about a billion dollars over the next four to five years. Almost 80% of the ... Read More


Shapoorji Pallonji Real Estate eyes Rs.500 crore revenue from new luxury project in Bengaluru

India, Feb. 29 -- Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet and is eyeing a revenue potential of almost... Read More


Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years

India, Feb. 28 -- Amidst a positive economic outlook, housing demand has scaled up and property prices across the top eight cities in India have surged by around 20% in the last two years, a report by... Read More


Promoters of pharma firm buy bungalow in Mumbai for Rs.101 crore

India, Feb. 28 -- Promoters of a pharmaceutical manufacturing firm, Macleods Pharmaceuticals - Girdhari Lal Bawri, Rajendra Agarwal and Banwari Lal Bawri - have purchased a bungalow in Juhu, Mumbai, f... Read More


India's ultra rich invest 32% of their wealth in residential assets: Knight Frank Report

India, Feb. 28 -- As much as 32% of India's ultra-high-net-worth individuals' wealth is allocated towards residential real estate asset class of which nearly 14% is invested outside India. About 12% o... Read More


Mumbai is now among the world's top 10 luxury real estate markets: Knight Frank Wealth Report 2024

India, Feb. 28 -- Mumbai is now among the top 10 luxury residential markets in the world. The city is ranked at number 8 globally in terms of price growth in luxury housing. Delhi takes the 37th spot ... Read More