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  • Embassy Developments signs Rs 1,125 crore land deal with global chip maker in Bengaluru

    The 25-acre land parcel is located at Whitefield in Bengaluru. The proceeds from this sale will be reinvested into high-growth opportunities, strengthening the company's development pipeline and delivering sustained value to its stakeholders.

  • Noida Authority to raise Rs 3,700 crore by selling 5.5 lakh sqm of land in FY25

    Noida Authority to raise Rs 3,700 crore by selling 5.5 lakh sqm of land in FY25

    Officials said that the Noida Authority expects to generate maximum Rs 1,080 crore from the sale of group housing plots and Rs 1,010 crore from commercial land parcels in the financial year 2024-25.

  • Noida Authority launches group housing plots in sectors 43 and 44

    Noida Authority launches group housing plots in sectors 43 and 44

    These land parcels are located in premium locations in central Noida sectors and judging from the demand for housing, the Authority wants to develop group housing projects in the area.

  • Yamuna Expressway Authority launches group housing scheme, eyes Rs 479 crore revenue

    Yamuna Expressway Authority launches group housing scheme, eyes Rs 479 crore revenue

    Alongside, the authority has also launched a commercial plots scheme and aims to rake in Rs 22 crore from that auction.

  • New group housing, commercial use schemes in IITGNL soon

    New group housing, commercial use schemes in IITGNL soon

    The group housing and mixed-use developments are in response to growing demand for residential and commercial space in the township.

  • YEIDA to allot 100-acre plot to Malaysia-based university for developing Education City near Jewar Airport

    YEIDA to allot 100-acre plot to Malaysia-based university for developing Education City near Jewar Airport

    The institution is likely to come up in Sector 9, dedicated for institutional developments, and will offer diploma and degree programmes in medicine, aviation, aircraft maintenance, finance and management.

  • Dues unpaid: Greater Noida Authority cancels allotment of plot to developer

    Dues unpaid: Greater Noida Authority cancels allotment of plot to developer

    The reason for the cancellation, the authority said, was non completion of the project and non-payment of dues. So, it will take over the plot, location in Sector 10 of Greater Noida, and reallot it afresh.

  • Buyers lap up 64 Greater Noida residential plots for Rs 141 crore, pay three times the base price

    Buyers lap up 64 Greater Noida residential plots for Rs 141 crore, pay three times the base price

    The e-auction shows the residential real estate potential of the investment and commercial hub, says Greater Noida Industrial Development Authority CEO Ritu Maheshwari.

  • Greater Noida authority extends last date of application for data centre plots

    Greater Noida authority extends last date of application for data centre plots

    The state’s data centre policy offers various incentives such as capital subsidy, interest subvention, and stamp duty exemption, along with non-financial and energy-related incentives.

  • Greater Noida Authority land allotment to bring in Rs 400 cr investment

    Greater Noida Authority land allotment to bring in Rs 400 cr investment

    While the authority has earned Rs 15.40 crore from the e-auction of the three institutional plots, the revenue earned from the two industrial plots is not known. Haryana Gas City Company and Time Server Services are the two firms which have been allotted industrial plots.

  • Noida Authority plans to auction 14 commercial plots in March

    Noida Authority plans to auction 14 commercial plots in March

    The plots offered measure between 871 sq m and 51,417 sq m. The last date for registration is March 13, 2023, and the allotment will be through e-auctions. Officials said the e-auction will be conducted only if each plot gets a minimum of three applications.

  • Poor response forces Noida group housing scheme seek a second extension

    Poor response forces Noida group housing scheme seek a second extension

    Only those real estate developers who will be able to pay the land cost within 90 days of the allotment will be able to buy these land parcels.

  • Premier builders show interest in leasing 124,000 sq m of railway land in Dwarka Sector 21

    Premier builders show interest in leasing 124,000 sq m of railway land in Dwarka Sector 21

    Developers who attended the pre-bid meeting and expressed interest in the land parcel include DLF Ltd, Omaxe Ltd, Godrej Properties, Bharti Realty, GMR Group, Jindal Realty and Birla Estates

  • The Phoenix Mills completes acquisition of 7.22 acre-land parcel in Surat for Rs 510 crore

    The Phoenix Mills completes acquisition of 7.22 acre-land parcel in Surat for Rs 510 crore

    The land parcel has been acquired through Thoth Mall and Commercial Real Estate Private Ltd, an indirect subsidiary of the company.

  • Godrej Properties to buy 50 acres land in Maharashtra's Palghar

    Godrej Properties to buy 50 acres land in Maharashtra's Palghar

    The proposed project is estimated to have a developable potential of approximately 1.2 million square feet of saleable area comprising primarily of residential plotted development.

  • Ajmera Realty subsidiary acquires land parcel in Mumbai for Rs 42.5 crore

    Ajmera Realty subsidiary acquires land parcel in Mumbai for Rs 42.5 crore

    Ajmera Realty has said a residential project, likely to generate a sales value of Rs 250 crore over three years, will come up on the parcel in Ghatkopar's Pant Nagar area

  • Oberoi Realty signs deal to develop land parcel worth Rs 404 crore in Mumbai

    Oberoi Realty signs deal to develop land parcel worth Rs 404 crore in Mumbai

    High-value land transactions have gained ground in the recent past primarily on account of increase in demand for housing

  • Sunteck Realty enters into JV to develop seven acres of waterfront residences in Mumbai

    Sunteck Realty enters into JV to develop seven acres of waterfront residences in Mumbai

    Project to see a potential development of approximately 1 million sq ft; Revenue generation of Rs 1750 crore is envisaged for the next 4-5 years.

  • A business-friendly strategy, is the only way to create affordable housing

    A business-friendly strategy, is the only way to create affordable housing

    Cost-effective housing is a key problem in all developing countries but India presents a remarkable case study. While India’s constantly expanding population is the bedrock of its economic promise, it is also the source &#82

  • Ashoka Buildcon surges nearly 10% on order win from Mumbai airport

    Ashoka Buildcon surges nearly 10% on order win from Mumbai airport

    Investors bet on the company after it received an order from Mumbai International Airport to develop land parcels around it. The firm will pay a refundable security deposit of Rs 329.35 crore for the same

  • Why realty tycoon Jitu Virwani is buying MRO-TEK shares everyday

    Why realty tycoon Jitu Virwani is buying MRO-TEK shares everyday

    Shares of erstwhile telecom and solar products company MRO-TEK have been in focus recently following a hostile takeover attempt by Bengaluru-based real estate tycoon Jitu Virwani of the Embassy Group.

  • Puravankara may join hands with Jaypee, enter North India

    Puravankara may join hands with Jaypee, enter North India

    Ashish Puravankara, joint MD, Puravankara denied plans of purchasing land in NCR, but added: "As a regular course of our business we evaluate various joint development opportunities from time to time in various regions where we have our offices for example NCR or Mumbai for that matter."

  • Shapoorji Pallonji enters into Rs 200cr debt financing deal

    Shapoorji Pallonji enters into Rs 200cr debt financing deal

    The structure is going to be on a deferred payment basis, which means Shapoorji will be paying step-by-step or in stages and the Rs 200 crore will be allocated.

  • JP Morgan upgrades Unitech to overweight, raises target price to Rs 60

    JP Morgan upgrades Unitech to overweight, raises target price to Rs 60

    The basic point of the report is that there is a big discrepancy in Unitech's stock price and the land valuation that Unitech has. The JP Morgan report has valued the land at Rs 19,200 crore and they have taken two large land parcels, that is, 900 acres in Gurgaon and 350 acres in Noida.

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