CPP Investments inks pact to invest up to Rs 3,000 cr in Prestige HospitalityCPP Investments has agreed to invest up to ₹3,000 crore in Prestige Estates’ hospitality subsidiary, Prestige Hospitality Ventures, for a s...
GB Realty plans Rs 5,000 crore investment in luxury real estate expansion across North IndiaGB Realty will invest over five thousand crore rupees in upcoming years. The company plans to expand its luxury residential portfolio and e...
In 2019, workers digging foundations for a Jerusalem visitor centre uncovered a 2,700-year-old luxury estate with a rare private toiletA unique excavation at an ancient estate in Jerusalem revealed a private toilet that reflects the life of the elite. Beneath the stone seat...
Cement, bricks and AI: India's $650-billion real estate industry has a new formulaArtificial intelligence is transforming India's real estate sector beyond customer interactions. Developers now use AI for crucial decision...
Dubai property market enters selective phase as demand shifts; industrial, retail lead: ReportDubai's property market is entering a selective phase, with industrial rents rising significantly. Retail property also saw strong growth, ...
CREDAI welcomes Bengal realty reforms; seeks 8-month force majeure reliefCREDAI West Bengal welcomes the state government's proposed Standard Operating Procedure for building safety. Developers requested an eight...
King Charles stepping away from the spotlight? Why the monarch is retreating to Balmoral as the royal family's cherished Scottish estate closes to visitorsKing Charles is stepping away from the spotlight for his annual summer break at Balmoral Castle as the royal family's cherished Scottish re...
Gurgaon-based real estate company ordered to pay Rs 23 lakh compensation to buyers over delayed flat possession by Haryana RERAIn a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in deliveri...
Birla Estates arm buys FSI from Parinee entities for Rs 159 croreBirla Estates has successfully acquired almost 90,000 sq ft of FSI for over Rs 159 crore, a strategic move aimed at bolstering their societ...
MahaRERA extends project completion deadlines by 4 months citing force majeureMahaRERA has granted an automatic four-month extension to eligible real estate projects in Maharashtra due to disruptions linked to the Wes...
RBI's Rate Pause Sustains Steady Momentum in Residential Real EstateIndia's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of Ind...
Specialised realty platforms drive India's next wave of IPOsIndia's real estate sector is on the rise, with innovative public market listings through specialized platforms. These enterprises demonstr...
SC pulls up banks over alleged nexus with builders in real estate casesIn a significant ruling, the Supreme Court has ordered lenders to proceed with prosecuting their officers implicated in a questionable alli...
60% of nearly 600 realty projects under scrutiny in Kolkata likely to get clearance soon: CREDAIApproximately sixty percent of Kolkata's real estate projects will soon receive clearance. Most remaining projects are expected to be appro...
India's real estate IPO market diversifies beyond developers to REITs, co-working, and logisticsIndia's real estate IPO market is diversifying into new asset classes. Companies are exploring listings in co-working spaces and student ho...
Sebi proposes investment by REITs, InvITs in third party projects without controlling interestSebi has put forth proposals to permit REITs and InvITs to channel their investments into under-construction projects. This initiative is d...
NFO Alert: Edelweiss Mutual Fund launches India's first REIT-based Index FundEdelweiss Mutual Fund has launched India’s first REIT-based index fund tracking the Nifty REITs & Realty TRI. The NFO closes on August 19, ...