The real factors that define the true biggies are fiscal efficiency and impeccable track record, execution efficiency, and operational efficiency. These help build trust for the company and brand in the eyes of the buyer, which sets them apart from the also-ran players in the segment
A majority of the buyers who have invested in the Sector 68 project in Gurugram have paid almost 90 percent of what their flats cost. A total of 1,497 buyers have invested in the project.
For developers, high-performance buildings can lead to better occupier retention and lower operational costs, the report said.
The homes are likely to go on sale next month in Mumbai’s satellite cities, including Navi Mumbai, Thane, Virar, Kalyan and Dombivali.
Insolvency proceedings against Vipul Ltd were withdrawn in 2020 and Tulip Infratech took over the incomplete mixed-use project in 2021
The company’s board approves resolutions to raise up to Rs 1,500 crore through issuance of non-convertible debentures.
Every year before the monsoon, the state housing authority carries out a pre-monsoon audit, and based on the outcome, notices to vacate are issued to residents of these ‘dangerous’ buildings.
The new facilities are expected to come up in Chandigarh, Gurugram and Delhi.
Of the total land deals in 2022 till date, 18 deals for 351 acres are for residential developments; At least three deals are for data centres, two for logistics and warehousing and four for mixed-use developments
The matter will now be heard on June 1, 2022 to decide the further course of action.
Authorities say a meeting with NBCC officials will be held next week to resolve refund-related issues faced by homebuyers.
These MMPLs will help in bringing the logistics costs down from the present 13-14% of India's GDP to 8-10%, a benchmark achieved by developed economies such as Japan and the EU, CBRE said.
In this episode of The Moneycontrol Real Estate show, Moneycontrol's Vandana Ramnani talks to Vikaash Khdloya, Deputy Chief Executive Officer and COO, Embassy REIT about commercial leasing trends after three waves of COVID-19. He tells listeners that the company is starting to see rents inching up as people get back to work as the physical occupancy of commercial parks improve.
The dispute relates to a Rs 75 crore loan by ICICI Pru Venture to the Noida-based developer. The National Company Law Appellate Tribunal had earlier stayed the insolvency proceedings initiated by NCLT in March 2022.
DTCP Gurugram to meet homebuyers on May 27 to discuss modalities of project takeover.
Chennai and Pune witnessed the highest demand in the mid-end segment, which accounted for nearly 60 percent and 59 percent of the total demand in these cities. Bengaluru recorded almost 56 percent of demand geared towards the high-end segment, the report said.
In Q1 2022, Bengaluru noted the steepest drop in unsold inventory by 23% YoY.
Real estate developers say that in a city like Mumbai constructing affordable homes is a challenge as the cost of land is high
High-value land transactions have gained ground in the recent past primarily on account of increase in demand for housing
The real estate sector is estimated to receive private equity investments of $6,884 million in CY 2022.
The move is ‘timely’ and will help bolster the availability of raw materials domestically, cool off prices of steel products, and help tide the rise in prices of real estate projects, strengthening consumer sentiment, said experts
The Maharashtra Real Estate Appellate Tribunal also told Lucina Land Developers not to charge the buyers for the facilities it failed to provide
It notes that land acquisition is a challenge and that there is a need to explore alternative models for land acquisition and assembly and consider relaxation of building bye-laws that may be constraining the supply of land.
With around $20 billion market value across 40 investments, Blackstone Real Estate is the largest owner of office space in India. Catch Nisha Poddar in conversation with Kenneth Caplan, Global CIO of Blackstone Real Estate Group, and Tuhin Parikh, Head of Real Estate of Blackstone India as they discuss the group's India strategy, growth plans and reality market.
Blackstone Real Estate's top management spoke at length about the state of investments in India and how they envision an all-round recovery in office rentals, malls and logistics