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GDP CONTRIBUTION OF REAL ESTATE
In 1997, Paul Allen bought land in LA for $20 million; after listing for $150 million post-death, it eventually sold for $65 millionPaul Allen's 120-acre Beverly Crest property, once listed for $150 million, sold for $65 million. After Allen's death in 2018, the property...- Bengal FM pushes to scrap 1976 Urban Land ActWest Bengal's finance minister Swapan Dasgupta emphasized the need to repeal the Urban Land (Ceiling and Regulation) Act from 1976. He note...
- Average home prices in Delhi-NCR rise maximum at 12 pc annually in Jul-Sep: AnarockHousing prices in the Delhi-NCR region experienced an annual increase of 12 percent during the July-September quarter. This rise is attribu...
- In 2013, Bob Hope's estate listed his UFO-style home for $50 million; after zero buyers, it eventually sold for $13 millionBob Hope’s distinctive Palm Springs residence, popularly called as his “UFO house,” eventually found a new owner after years on the market....
- India's housing construction pipeline nearly doubles to $430 billion in 2025: ReportIndia’s housing construction pipeline nearly doubled to $430 billion in 2025 from $235 billion in 2019, reflecting strong post-pandemic dem...
- Rick Ross’ luxury lifestyle: $35 million star island mansion, $5.8 million Promise Land. Rapper rides Maybach 57S, Rolls-Royce and moreRick Ross has proven to be a savvy real estate investor, amassing an impressive portfolio of high-end properties. Among his most extravagan...
- West Bengal finance minister says Urban Land Act has to goSwapan Dasgupta highlighted the need to repeal the Urban Land Ceiling Act for development in West Bengal. Developers expressed challenges i...
- CREDAI says unable to build affordable homes due to high input cost, taxes; seeks govt sopsCREDAI has raised concerns about the lack of affordable housing being built because of rising costs. The organization's President, Shekhar ...
- Keventer, Saroj Poddar groups launch Rs 400-cr real estate debt fundKeventer Group and Saroj Poddar Group proudly unveil a Rs 400-crore investment fund tailored for real estate ventures. This fund implements...
- Poddar Keventer Capital Advisors to raise up to Rs 400 crore for maiden real estate AIFPoddar Keventer Capital Advisors Private Limited plans to raise up to Rs 400 crore for its Category II AIF. The fund will focus on real est...
- Mahindra Lifespace expects Rs 1,500 cr revenue from redevelopment of 3 housing societies in MumbaiMahindra Lifespace Developers Ltd is set to redevelop three residential societies in Mumbai. The company is looking to generate a revenue o...
- CPP Investments makes India hospitality debut with Rs 3,000-cr Prestige dealThrough the investment, CPP Investments will acquire around 27% stake in PHVL, with the majority of the capital supporting the platform's c...
- India’s new services speedometer flashes green across 17 sectorsIndex of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-...
- Washington State Investment Board backed fund exits Rs 550 crore investment in Noida’s Dasnac groupKautilya Finance has successfully exited its investment in New Delhi-based Dasnac, realizing cash proceeds of Rs 550 crore. The investment ...
- Larry King listed his Tuscan mansion for $17 million in 2019; after sitting without buyers, it eventually sold for $15.5 millionLarry King and Shawn Southwick, now estranged, have finalized the sale of their Beverly Hills property for $15.5 million. This transaction ...
- Equity capital inflow in real estate, data centre, hotel assets doubles to USD 9.5 bn in Jul-Sep: CBREDuring the third quarter of 2026, India's real estate, data centre, and hospitality sectors attracted a record USD 9.5 billion, marking a n...
- HDFC Mutual Fund announces reopening of HDFC BSE REITS and Commercial Real Estate Index Fund for ongoing subscriptionHDFC Mutual Fund has reopened its HDFC BSE REITS and Commercial Real Estate Index Fund after its September 15–17 NFO period. The passive fu...
- After home run, South and West developers tap NCR to drive growthThe NCR region is rapidly becoming a strategic playground for real estate developers hailing from South and West India, spurring significan...
- Prestige Estates expects Rs 2,850 crore revenue from 2 new housing projects in BengaluruPrestige Estates Projects has revealed plans for two upcoming housing developments in Bengaluru. The flagship project, Prestige Parklane, w...
- UP RERA approves 12 realty projects worth Rs 1,664 cr across six districtsThe Uttar Pradesh Real Estate Regulatory Authority has greenlit 12 new projects across six districts, promising an investment of Rs 1,663.8...
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