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REAL ESTATE FIRM INSOLVENCY
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crorePrestige Estates is significantly expanding its presence in Delhi-NCR, planning two new housing projects this fiscal year with an estimated...
Affordable housing, rental expansion and RERA reforms set to define next growth phase in India's urban region: ReportIndia's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A report highlights the urgent need for affor...
Indian buyers return cautiously to Dubai realty market after US-Iran deal, ticket sizes fallIndian property investors are returning to Dubai cautiously, with inquiries down and a shift towards smaller, rental-yield focused investme...
Luxury homes emerge as wealth play? Madhusudan Kela buys apartment at DLF’s The DahliasDLF has sold a residential apartment in its ultra-luxury project The Dahlias in Gurugram to Kela for Rs 120.71 crore, according to media re...
Mahindra Lifespaces buys 15-acre land in Mumbai to build Rs 5,600 cr housing projectMahindra Lifespace Developers has secured a prime 15-acre plot in Mumbai's Kandivali East, paving the way for a massive housing project. Th...
GenAI can add $14-17 billion to India's real estate economy: ReportConsultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate - Scaling the next frontier of inn...
GenAI could deliver up to 50% higher sales velocity and faster launches for India’s real estate sectorGenerative AI promises to revolutionize Indian real estate, boosting sales velocity by up to 50% and slashing project launch times by 30%. ...
JAL shares delist from BSE and NSE today: Will its 6.5 lakh shareholders get anything?Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the closure of one of India's longest-running insolven...
Property vs equity: Which asset class creates more wealth over the long run
'Many people thought I was crazy': Former Delhi Police Sub-Inspector quits secure govt job to become real estate agent in Australia, here's how can you become a realtor in OzA former Delhi Police Sub-Inspector, Nishant Tomar, left a secure government job in India to pursue a career as a real estate agent in Aust...
Harmony Infra Ventures to invest Rs 800 cr in luxury housing project in Delhi-NCRHarmony Infra Ventures is investing Rs 800 crore in a new luxury housing project called The Horizon Residences in Indirapuram, Ghaziabad. T...
India's top regional builders are going national; What it means for investors and homebuyers
Shriram Properties expects Rs 600 cr revenue from upcoming JV project in BengaluruShriram Properties Ltd is developing a new housing project in Bengaluru. The company has signed an agreement for a 9.1-acre land parcel. Th...
New valuation rules seek fairer outcomes in bankruptcy casesNew Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
Embassy Developments awards Rs 850cr construction contract to Leighton AsiaIn a landmark deal, Embassy Developments has entrusted Leighton Asia with a contract worth over Rs 850 crore for the construction of Embass...
Madhusudan Kela buys luxury flat for Rs 121 cr in DLF's Gurugram projectAce investor Madhusudan Murlidhar Kela has purchased a luxurious flat for Rs 121 crore in DLF's new project, 'The Dahlias', in Gurugram. Th...
JAL shares to delist from BSE and NSE on Thursday. What happens to its 6 lakh shareholders?Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani ...
Corporate job quit, real estate reality: Man shares 9 eye-opening lessons after 6 monthsA former corporate project manager has gone viral sharing insights from his six months as a real estate broker in Haryana. He has already c...
ASK Property Fund to raise Rs 3,500 crore for housing-focused debt strategyASK Property Fund is launching a new Rs 3,500 crore debt fund. This fund will finance residential projects in key Indian cities like Mumbai...