New Delhi: Realty firm Godrej Properties’ sales bookings dropped by 60 per cent last fiscal to Rs. 2,020 crore due to sluggish real estate market.
Lodha Developers Pvt. Ltd has set up a commercial business vertical that will steadily build a portfolio of leased assets—office, retail and logistics—and aims to have assets under management of $1 billion by 2021, said a top executive.
Ever since Yogi Adityanath has come into power and expressed interest in reviving the Jewar International Airport project, there have been talks of a rebound in real estate sector in Noida and Greater Noida.
Emaar India, the iconic brand and leading global property developer, has received the Occupancy Certificate for its LEED-certified Integrated IT Park Complex Digital Greens, located in Sector 61, Gurgaon.
Lodha Group plans to resume sales at Trump Tower Mumbai after a post-election hiatus, providing a test for India’s languishing luxury home market, and the U.S. president’s brand.
In a tripartite meeting on Monday between homebuyers of Amrapali Platinum in Sector 119, Noida Authority officers and the MD of Amrapali group, Anil Sharma, the builder assured the buyers that pending issues pertaining to the project would be complied with in 30 days.
GURUGRAM: The arrest of Unitech promoters Sanjay Chandra and Ajay Chandra has revealed that the real estate company had floated a fixed deposit scheme in 2012 and raised Rs 600 crore from some 55,000 people who fell for the 12% return promised. Most have lost their money, some their lives’ savings by investing in this scheme.
GREATER NOIDA: Two directors of residential society AVJ Heights in Sector Zeta 1, Greater Noida, were arrested on Thursday for allegedly mortgaging the flats they had already sold to buyers.
An international airport at Jewar will bring a paradigm shift in the real estate sector, to the east of Delhi, which includes areas up to Hapur, Meerut, Moradabad Dadri, Muzaffarnagar, and Yamuna Expressway up to Agra, says Manoj Gaur,
MUMBAI: Realtor Nirmal Lifestyle Developers is in talks with Godrej Properties and Piramal Realty separately to enter into a joint development agreement for a 26-acre land parcel in Mumbai’s North central suburb of Mulund, said two persons familiar with the development.
New home launches in Chennai have been impacted by political uncertainty, taking the total launches down by 31% to 6,400 units during 2016, according to a latest report by Cushman and Wakefield.
November 2014 The National Green Tribunal (NGT) began hearing a plea against two mega construction projects that threatened the ecologically-sensitive wetlands of Agara and Bellandur lakes in Bengaluru.
Microsoft is close to signing a nine-year lease deal with Prestige Group for a 600,000 sq ft office space in Bengaluru, three people aware of the development said.
Piramal group’s real estate firm Piramal Realty will invest Rs 1,800 crore to develop a new project in Mumbai. The 8-acre project, Piramal Revanta, is located at Mulund. “The ultra-modern towers, billed to be up to 60 storeys,
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