Brigade plans a Rs 2,700 crore GDV residential project on Bengaluru's Whitefield Road after a 20-acre land buy
Brigade's project at Whitefield will have a total saleable area of around 2.5 million square feet, and a land cost of Rs 630 crore, purchased through subsidiary Ananthay Properties.
Office net absorption grows 18% to nearly 50 million sq ft in 2024; vacancy drops slightly amid tech recovery
Led by leasing from companies setting up large-scale global capability centres in cities like Bengaluru, Delhi NCR, Pune, and Hyderabad, tech companies made a partial recovery in terms of sectoral demand while demand from flex space operators rose sharply.
Under-construction luxury housing properties see up to 55% YOY price growth, Gurugram leads
New luxury launches in cities like Gurugram, Noida and Bengaluru also witnessed significant increase. With approximately 16,140 luxury units, new launches in Gurugram increased by more than 1.5 times in 2024.
Smartworks expands in Gurugram with Rs 94 crore office lease ahead of IPO
This marks Smartworks’ fourth managed campus in Gurugram, in addition to its existing campuses at Golf View Corporate Towers on Golf Course Road, RK 4 Square in Cyber City, and ASF Insignia at Vatsal Valley.
As Delhi laps up luxury high-rises, sales jump 25% YoY
Over the past 4-5 years, the number of luxury high-rise residential apartments have gone up significantly, with several high-rise projects dotting the skyline of Delhi that traditionally used to be a 'low-rise' city.
As Mumbai's civic body cracks down on dust-spewing construction projects, developers shore up their act
Developers' bodies have instructed members to shore up their environment management plans, in accordance with latest guidelines from the BMC. Some projects have been affected by the construction ban in Byculla and Borivali (East), including 13 projects being executed by MHADA.
Mumbai sees uptick in SEZ leasing following denotification
Leasing in SEZ-notified buildings in the Mumbai Metropolitan Region was around 1.42 million square feet in the first nine months of the financial year.
Year Ender 2024: Industrial & logistics sector fuels 10% growth in PE investments
Data showed that Indian real estate sector saw $4.3 billion (Rs 35,600 crore) private equity investments during 2024, reflecting a 10 percent increase year-on-year. PE investments in the real estate sector in 2023 stood at $3.9 billion (around Rs 33,500 crore).
The Tenant's 2024 Recap: The Adventures and Harsh Realities of India’s Rental Market
Dharavi Redevelopment Project Private Ltd rebranded as Navbharat Mega Developers Private Ltd
NMDPL is a special purpose vehicle between the Government of Maharashtra — through the Dharavi Redevelopment Project (DRP) / Slum Rehabilitation Authority (SRA) — and the Adani Group.
Max Estates registers Rs 845 crore in pre-sales bookings from phase II of Noida project
Max Estates COO Rishi Raj said the company is confident of adding 'at least 3 million sq. ft. every year' to the current portfolio, and diversifying in Delhi NCR across commercial and residential assets.
Over 600 homebuyers in Greater Noida West project to get flats under reverse insolvency process
The project, RG Luxury Homes, obtained the OC for towers D, E and F. Last year the group had obtained OC for four towers namely A, B, C and M, comprising 850 units.
Mumbai to remain data centre king in 2025; Hyderabad will pip Chennai to 2nd place
About 230 MW of data centre capacity was likely added in 2024, and 250 MW more is expected next year, taking India's total capacity to around 1.21 GW.
Housing supply in top 9 cities drops 33%, sales fall 21% in Q4 CY24; Hyderabad sees biggest drop in supply
According to data from real estate data analytics firm PropEquity, housing supply fell to 85,765 units in October-December 2024 compared with 1,27,936 units in the same period last year.
Welspun promoters in talks to sell stake in warehousing firm Welspun One
The Goenka family is currently in talks to liquidate part of its stake, but may fully exit Welspun One based on the direction of the talks, according to sources.
Annual leasing volume in Logistics & Industrial sector set to exceed 50 msf; Pune, Chennai, Bengaluru top demand
Market diversification to new alternate corridors is expected for the L&I sector in 2025 owing to rising land prices and a steady increase in construction cost. The E&M and retail sectors, along with 3PL operators, remain primary drivers of demand for the L&I space, according to experts.
Infrastructure upgrades drive real estate growth in Navi Mumbai’s Airoli, 1.85 lakh units expected by 2030: Liases Foras
The report highlighted that the annual housing inventory grew by 50 percent, from 64,500 units in Q2 FY2020-21 to 96,700 units in Q2 FY2024-25, and by 16 percent from 83,500 units in Q2 FY2022-23.
A bumper year for residential real estate, but affordable housing woes may persist in 2025
Developers expect the momentum in premium and luxury housing to continue in 2025 after a stellar 2024 marked by strong pre-sales and price increases. However, the outlook for affordable housing remains uncertain, with developers continuing to exit the segment and homebuyers holding back due to interest rate and inflationary pressures.
This Tenant Moved from Noida to Gurgaon for Better Marriage Prospects | The Tenant
In this episode of The Tenant, meet Milan Singh, a Product Manager who relocated from Noida to Gurgaon for job opportunities and better prospects for marriage. Milan shares insights into his 3BHK apartment in Golf Course Extension, his preferences for Gurgaon over Noida, and the lifestyle changes he experienced. From the food scene to safety and the search for a life partner, Milan discusses what makes Gurgaon a great place to live, especially for someone looking to settle down. Tune in for an inside look into his decision-making and living experience in Gurgaon!
Borivali, Mumbai's far-flung northern suburb, is now buzzing with large residential deals
Two new metro lines in the area have dramatically improved connectivity in an area where the suburban railway was the main mode of commuting, and large developers have lined up in the area to seek greenfield and redevelopment opportunities.
Imposing GST on FSI charges could increase housing prices by 10%, adversely impact demand: Developers
Developers said that such additional charges will make affordable housing projects economically unviable, potentially pushing the prices upwards by 7-10 percent and directly impacting the purchasing power of the middle-class segment
Demand growth to outpace supply in the luxury hospitality segment
Existing luxury hospitality stock represents only 17 percent (29,000 keys) of the overall Indian branded hotel inventory, and there’s also headroom for growth in the ARR.
Housing prices surge up to 65% in top 30 Tier-II cities, Raipur stays most affordable
Jaipur saw the highest rise in weighted average price of newly launched projects at 65 percent from Rs 4,240 per sqft to Rs 6,979 per sqft in last one year
Brigade Enterprises launches net-zero residential project, Citrine, at GDV of Rs 500 crore
Brigade Enterprises has launched a net-zero residential project in Bengaluru, and sees a large part of its pre-sales and bookings to come from new launches in the second half of the fiscal, while it remains cautious on the approvals.
