Pune-based renowned developer and creator of lifestyle homes, Mantra Properties, is pre-launching two premium lifestyle projects in Pune, one each in Upper Koregaon Park and Keshavnagar, following their completion of 14 successful years in Pune’s real estate industry. Despite COVID 19 pandemic, Ma... Read more...
The western Indian foray of Shree Cement had been delayed due to COVID-19 disruptions but the company expects to commence commercial production from September. The completion of a clinker grinding unit of 3 million tonnes per annum (MTPA) at Patas in Pune district of Maharashtra got delayed by a yea... Read more...
Pune-based real estate group, Kolte-Patil Developers, has announced the creation of a residential development platform with a global leader in smart affordable housing, Planet Smart City, to develop 15,000 housing units in Pune, Bengaluru and Mumbai. "This residential platform follows the success... Read more...
Realty firm Godrej Properties Ltd (GPL) plans to invest more than USD 1 billion over the next couple of years to acquire and develop new projects as part of its target to achieve higher growth. "We sold 9,345 homes at an average of over 25 homes per day. Our QIP in March raised ₹3,750 crore, and a... Read more...
Gera Developments on 7th July released the July 2021 edition of their bi-annual report, titled ‘The Gera Pune Residential Realty Report’. The report is an outcome of the longest-running, census-based study of the residential realty market of Pune. It is based on primary and proprietary research ... Read more...
CapitaLand Ltd has launched its second logistics fund of Rs 2,250 crore in India as it aims to tap the soaring demand for warehousing. CapitaLand India Logistics Fund II will invest in building logistics assets in warehousing and manufacturing hubs in six cities—Ahmedabad, Bengaluru, Chennai, Mumb... Read more...
Trespect India Private Limited, a pan-India technology enabled real estate advisory firm focused on the primary residential real estate market for B2C customers which commenced its operations amidst the COVID pandemic, has registered a phenomenal 428 per cent growth in FY21 over the previous year, a... Read more...
Xanadu Realty, an institutional sales and marketing real estate expert, recently entered the property market in Bengaluru and Pune after successfully operating in Mumbai since its inception in 2016. As part of its expansion strategy, Xanadu Realty has partnered with one of South India’s leading re... Read more...
The coronavirus pandemic that hit the real estate sector hard has been harder on the affordable housing segment, with its share of supply dropping to 20 percent in the top seven cities in the second quarter of 2021, realty consultancy firm Anarock has said. Of 36,260 units launched in these citie... Read more...
The metropolitan areas of Pune and Mumbai accounted for nearly half the housing market of the country in terms of sales during the April-June period this year, revealed a report by real estate observer Anarock. The numbers were down over the January-March period, but higher than the corresponding... Read more...