K Raheja Corp has entered into a joint development agreement to develop a 3-acre prime land parcel in Pune’s Baner locality. The company has formed an alliance with a Pune-based developer Aditya Shagun Developers to develop the latter’s plot into a commercial office project. The stated land ... Read more...
CapitaLand has been accorded the British Safety Council’s global benchmarking certification for implementing effective safety measures in all of its 10 operational business parks across India amid COVID-19. The certification was granted following a thorough assessment against the stringent glo... Read more...
Kolte Patil Developers Limited, a leading Pune based real estate developer, with growing presence in Mumbai and Bengaluru, announced that it has launched ‘Universe’ at its flagship township project, Life Republic, near Hinjawadi in Pune. ‘Universe’ is a partnership between Kolte Patil Develo... Read more...
Affordability Index 2020 of Knight Frank India, a leading international property consultancy, cited Ahmedabad as the most affordable housing market in the country with an affordability ratio of 24% followed by Pune and Chennai at 26% each in 2020. Knight Frank's proprietary Affordability Index, w... Read more...
Housing sales across seven major cities are estimated to fall 47 per cent year-on-year to 1.38 lakh units this year on lower demand because of the COVID-19 pandemic, according to property consultant Anarock. New housing supply, too, is likely to fall 46 per cent to 1.28 lakh units in 2020 in seve... Read more...
Real Estate advisory firm 360 Realtors will raise Rs 500 crore Alternate Investment Fund (AIF) to invest on stuck residential project in 2022. The company has entered into a partnership with Rising Straits Capital, a Real Estate Private Equity (PE) firm and will provide last mile funding t... Read more...
Mumbai-based Shapoorji Pallonji Real Estate is looking to start co-living and student housing projects, in a move that will help the company diversify its portfolio. Company will start developing the co-living projects in Pune and Mumbai Metropolitan Region (MMR) in 2021. "We will start co-living... Read more...
Despite a fall in household income in 2020, Kolkata is the most affordable market this year for buying a property, compared to six other major cities across the country, according the JLL Home Purchase Affordability Index (JLL HPAI). Mumbai continued to be the only market below the affordability ... Read more...
In what could be termed as green shoots of recovery during the COVID-19 pandemic, sales across Tier I cities have recovered by 60 percent in the second quarter of 2020. The maximum increase was observed in Kolkata which was 68 percent followed by Ahmedabad by 64 percent, MMR and Bengaluru by 60 perc... Read more...
Buy land, they’re not making it anymore The top cities like Bengaluru, Hyderabad, Chennai, Pune and Gurugram are seeing high demand for plots in the wake of the new realities presented by COVID-19. Some of the leading developers with plotted developments now include DLF Ltd., Mahindra Lifespace... Read more...