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BHUMIKA REAL ESTATE
In God they trust: Realtors make a beeline for temple townsDevelopers are investing in temple towns like Ayodhya and Vrindavan. Govt initiatives are boosting religious tourism. This growth is expect...
Bhumika Realty raises Rs 170 cr to fund project in FaridabadBhumika Realty has raised Rs 170 crore from a real estate credit platform of Aditya Birla Sun Life AMC and BGO to fund its new mixed-use pr...
Bhumika Group raises Rs 170 cr debt from BGO-Aditya Birla Sun Life platformNorth India's Bhumika Group has secured Rs 170 crore in debt from a real estate credit platform managed by BGO and Aditya Birla Sun Life AM...
Adore Group to invest Rs 800 Crore in luxury residential project in FaridabadAdore Group is set to invest Rs 800 crore in a luxury residential project in Faridabad's Sector 76, after acquiring a 5.47-acre land parcel...
Mall developers see opportunity in tier 2 citiesBrands include H&M, Marks & Spencer, GAP and Tasva set up shop in cities like Indore, Mangalore, Patna, Ranchi, Mysore, and Coimbatore, acc...
Repo rate hike by RBI: Developers expect stabilityThe decision to raise the repo rate will lead to higher borrowing costs for developers and homebuyers, which can slow down the growth of th...
Mall operators are now heading for small cities teeming with customers"Brands have realised where the customer base is and want to move there. We are opening in Indore and Ahmedabad this year, and there is a l...
Institutions bet big money on real estate projects in smaller cities=New Delhi-based real estate developer Omaxe recently raised ₹440 crore from Varde Partners, a global alternative investment firm, for expe...
Real estate developers line up offers for festive season“With people being confined to homes in the new normal for a long period, the demand for homes with ultra-modern amenities will undoubtedly...
Real estate sector needs quick assistance to stay afloat: DevelopersAkshay Taneja, MD, TDI Infratech said that RBI's steps are unlikely to provide a significant lift to the market, but they are expected to p...
After Diwali boost, real estate developers expect to ride out demand for the rest of 2020“We have received an encouraging response in this Diwali festive season with over 50% increase in sales queries vis-a-vis last year. Govt i...
Bhumika Group to invest Rs 450 crore in residential and retail projects, says MD Uddhav PoddarThe group is executing a mall in Udaipur and is in talk to do a joint development agreement with the land owner to develop villas and low r...
Madhya Pradesh reduces stamp duty to 1% on property transactionsChief Minister Shivraj Singh Chouhan said that move is aimed to boost the real estate sector and more such initiatives will be announced in...
Developers request other states to follow Maharashtra in reducing stamp duty“As NCR is a very important market from real estate perspective, it is imperative that Government of Delhi, Uttar Pradesh and Haryana follo...
New leasing of office, retail spaces may take hit in short-term due to lockdownCorporates and retailers, both global and domestic, are expected to delay their decisions on fresh leasing of commercial spaces by at least...
Bhumika Group leases 1 lakh sq ft area in Udaipur mall to Shoppers Stop, INOX & other retailersThe logistic firm has forayed into real estate and is developing a mixed use project at Udaipur with an investment of Rs 300 crore.
Three directors of PAL held for Rs 4,000 cr bank fraudBhawarlal Bhandari, Premal Goragandhi and Kamlesh Kanungo were arrested by the economic offences wing on Friday for cheating and criminal c...