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REAL ESTATE BUSINESS
In 2000, Allen Paulson left behind $193 million fortune, unpaid taxes, family inheritance fight led US authorities to pursue his heirsPaulson died on July 19, 2000, leaving behind an estate valued at $193.4 million for federal estate-tax purposes. Most of his assets were h...- Prestige Estates Q2 sales bookings rise 20% to Rs 7,225 cr on better housing demandDuring the second quarter, Prestige Estates Projects Ltd celebrated a remarkable 20 per cent increase in sales bookings, generating pre-sal...
- Amazon founder Jeff Bezos bought three Miami mansions worth $234 million, know why he moved to the 'Billionaire Bunker' and what makes it exclusiveBezos bought the first two properties in 2023 for $68 million and $79 million, respectively. In 2024, he purchased a third waterfront mansi...
- Indian office real estate market records 42.9 million sq ft absorptionThe year 2026 marked a significant uptick in India's office real estate sector, with net absorption reaching 42.9 million square feet. The ...
- Vantrock Real Assets plans Rs 3,100 cr investment in warehousing, logistics parksVantrock Real Assets plans to invest Rs 3,100 crore to develop 11.5 million sq ft of warehousing and industrial assets across key Indian ma...
- MRO-TEK Networks Ltd reports Q2 FY27 performance; products segment records 56.86% YoY revenue growthMRO-TEK Networks Ltd experienced a year-on-year revenue increase of 56.86% in its Products segment. The Solutions segment reported a declin...
- Kolte-Patil sales bookings jump 52% to record Rs 1,019 crore in Q2Kolte-Patil Developers reported a significant 52 percent increase in sales bookings for the July-September quarter. The company achieved sa...
- Kelly Clarkson’s late ex-husband bought this luxury Montana estate in 2022 and lived there after the couple split; less than a year after his death, the property is now listed for $2.9 millionBrandon Blackstock's expansive 40-acre estate in Montana has hit the market for an impressive $2.9 million. Spanning over 6,400 square feet...
- Brigade Enterprises aims 21pc rise in FY27 pre-sales at Rs 9,000 cr on strong housing demand: MD Pavitra ShankarBrigade Enterprises expects pre-sales to grow 21% to Rs 9,000 crore in FY27, driven by strong demand for mid-income and premium homes, part...
- ET Alpha Wealth Summit 2.0: REITs can diversify portfolios, but total returns matter, says Ramesh NairRamesh Nair, MD and CEO of Mindspace REIT, explains how investors should approach REITs as part of a diversified portfolio. He discusses th...
- Why global investors are turning to Georgia for real estate opportunities in 2026Alliance Group designates 2026 as a pivotal year for international stakeholders targeting Georgia's dynamic real estate landscape. The nati...
- Blackstone’s Siddharth Nawal set to take over as CEO of Nexus Select TrustSiddharth Nawal will soon replace Dalip Sehgal as CEO of Nexus Select Trust in India. Nawal has worked with Blackstone in retail real estat...
- Motilal Oswal Alternates makes full exit from Rs 1,155 cr realty fundMotilal Oswal Alternates has successfully closed India Realty Excellence Fund IV after exiting all 37 investments. This fund, launched in 2...
- Inherited property tax explained: Know how the US 1031 exchange works and what are the rules for co-inheritors?In simple terms, in the United States, a provision known as a 1031 exchange may offer a way for an heir to exchange qualifying investment r...
- ICICI Prudential AMC buys over 0.5 million sq ft office space in Bengaluru for Rs 626 croreIn a significant investment, ICICI Prudential Asset Management Company has finalized the purchase of a prime commercial property located on...
- A 20,000-sq-ft Ibiza mansion, an estate with a 15-car garage: A look at soccer star Messi's $300 million real estate portfolioLionel Messi has retired from international soccer. He owns an expansive real estate portfolio across different countries worth nearly $300...
- 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...
- 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...
- Tata-owned IHCL brings Gateway to Siliguri with 125-room hotelIHCL has announced the signing of an agreement for a 125-room Gateway hotel in Siliguri. This new project will grow its presence in West Be...
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