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Godrej Properties enters Hyderabad, launches housing

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Godrej Properties enters Hyderabad, launches housing project in Kokapet with a booking value potential of ₹1300 crore

Godrej Properties on January 13 said it has launched its first project in Hyderabad, Godrej Madison Avenue, with an estimated booking value of ₹1,300 crore. ₹1,300 crore. (Representational photo)(Pixabay)” title=”Godrej Properties on January 13 said it has launched its first project in Hyderabad, Godrej Madison Avenue, with an estimated booking value of ₹1,300 crore. (Representational […]

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Signature Global buys 16-acre land in Gurugram for ₹300 crore; to develop a premium housing project

Gurugram-based real estate firm Signature Global has bought a 16.12-acre land in Gurugram for nearly ₹300 crore and plans to develop a premium housing project with apartments priced between ₹3 crore and ₹4 crore. ₹300 crore and plans to develop a premium housing project on it. (Picture for representational purposes only)” title=”Gurugram-based real estate firm […]

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NCR-based Prateek Group to invest ₹2,000 crore on a premium housing project in Ghaziabad

Real estate company Prateek Group will invest over ₹2,000 crore to develop a premium housing project in Ghaziabad’s Siddharth Vihar area. The project will target both end-users and investors. Prateek Group has launched its new project, ‘Prateek Grand Begonia,’ in Ghaziabad. The project is spread across 15 acres and comprises 2,400 flats. On January 10, […]

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Mumbai real estate market witnesses 11% increase in housing sales in 2024, demand for luxury homes up: Knight Frank

Mumbai’s residential real estate market saw an 11% increase in housing sales in 2024, especially luxury homes in the ₹5 to ₹10 crore price range and ₹20 to ₹50 crore segment, according to a report by Knight Frank India. ₹5-10 crore price range and ₹20-50 crore segment, according to a report by Knight Frank India. […]

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Noida real estate: 12 housing projects qualify for waivers for period when NGT ban stalled work

The Noida authority on Tuesday said 12 of 57 housing projects technically qualified for waivers on interest charged on land cost dues for the period when construction was disrupted owing to a ban by the National Green Tribunal. The state government policy for stalled legacy housing projects offers an opportunity to claim waivers for the […]

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Housing sales across top eight cities touch 3.5 lakh-mark in 2024, Mumbai records highest sales: Knight Frank

Housing sales rose 7% annually in 2024 across eight major cities to reach a 12-year high on better demand for premium homes amid stable mortgage rates and strong economic growth, according to a report by Knight Frank on January 7. The Knight Frank report said that the total number of sales increased from 329,097 units […]

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Budget 2025: NAREDCO pitches for hike in deduction on housing loan interest payment

National Real Estate Development Council on Monday pressed for a hike in deduction on housing loan interest payment from ₹2 lakh to ₹5 lakh and accord infrastructure status to the housing sector in the forthcoming Budget. ₹2 lakh to ₹5 lakh and accord infrastructure status to the housing sector in the forthcoming Budget. (Representational photo)(Parveen […]

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MHADA update: Housing authority introduces amnesty scheme for issuing occupation certificates to 80 societies in Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) on January 6 said that it has introduced a special amnesty scheme to help housing societies in Mumbai and its suburbs obtain their long-pending Occupancy Certificates (OC) for redeveloped buildings. Maharashtra Housing and Area Development Authority (MHADA) on January 6 said that it has introduced a unique […]

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Institutional investment in Indian housing market up 46% in 2024: Colliers India

India’s housing market attracted an institutional investment of $1.15 billion last year, up 46 per cent annually, as investors look to encash strong demand of residential properties, according to Colliers India. Institutional investment in the housing segment stood at $788.9 million in 2023. Real estate consultant Colliers India reported that institutional investments in Indian real […]

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