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Provident Housing secures Rs 1150 crore investment from HDFC Capital, with a potential GDV of Rs 17,100 crore

India, April 25 -- Provident Housing Limited, a wholly-owned subsidiary of Puravankara Limited, has secured an investment of Rs.1150 crore from HDFC Capital to develop 6.2 million square feet of new r... Read More


Sumadhura Group acquires 40 acres of land in Bengaluru for Rs.800 crore; to develop four housing projects

India, April 25 -- Sumadhura Group, a real estate developer active in South India, has said that it has acquired 40 acres in Bengaluru for approximately Rs.800 crore, setting the stage for a revenue p... Read More


Priyanka Chopra's family leases bungalow in Pune to a co-living firm for a monthly rent of Rs.2 lakh

India, April 25 -- Priyanka Chopra's family has leased a bungalow located in Koregaon Park in Pune, to a co-living and co-working firm The Urban Nomads Community Private Limited, for a rent of Rs.2 la... Read More


Delhi-NCR saw 29 land deals for approximately 314 acres closed in FY-24; Gurugram tops the list

India, April 24 -- Delhi-NCR saw 29 land deals spread across 314 acres closed in FY 2024 as against 23 land deals covering approximately 273.9 acres in FY 2023, data shared by Anarock shows. Among th... Read More


Delhi-NCR saw 29 land deals for approximately 314 acres closed in FY-24; Gurugram leads with 22 land deals

India, April 24 -- Delhi-NCR saw 29 land deals spread across 314 acres closed in FY 2024 as against 23 land deals covering approximately 273.9 acres in FY 2023, data shared by Anarock shows. Among th... Read More


Office leasing records 16.7 mn sq ft in Q1 2024, witnessing a 20% growth y-o-y

India, April 24 -- Despite global uncertainties stemming from uneven economic scenarios and geopolitical tensions, the first quarter of 2024 witnessed office leasing activity of 16.7 mn sq. ft in Indi... Read More


Eldeco and HDFC Capital infuse additional funding of Rs.350 cr in joint platform

India, April 24 -- Eldeco Infrastructure and Properties Limited, and HDFC Capital Advisors Limited have announced an additional round of funding of Rs.350 crore in their joint platform aimed at accele... Read More


64% of HNI investors prefer fractional ownership model to invest in commercial real estate

India, April 24 -- As many as 60% investors and 64% of high net worth individuals prefer the fractional ownership model to invest in commercial real estate (CRE) and have expressed increased confidenc... Read More


NBCC secures work orders worth Rs.23,500 crore in 2023-24 fiscal

India, April 23 -- NBCC Ltd, the government's construction arm, said on April 23 that it had secured projects worth Rs.23,500 crore during the 2023-24 fiscal year. The company "has secured record new... Read More


Bengaluru-based Puravankara Ltd to redevelop housing society project in Mumbai's Pali Hill

India, April 23 -- Bengaluru-based real estate developer Puravankara Ltd has been appointed as developer for Mumbai's Pali Hill redevelopment project, the company said in a regulatory filing on April ... Read More