Creative Bharat
New Delhi, Jan 12 (PTI) In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal NCLAT has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the NCLT order stalling the process. In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, […]
In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal NCLAT has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the NCLT order stalling the process. “We set aside the impugned order of NCLT, Chandigarh and allow the prayer to sanction the scheme […]
The Indian real estate sector attracted equity investments of $11.4 billion last year, up 54% annually, mainly from developers and institutional investors. Mumbai and Delhi-NCR were the top destinations for investment inflows in 2024, each accounting for around 25% of the total, according to a report by CBRE on December 10. Indian real estate sector […]
Co-working space firm Awfis has leased commercial space of 2.7 lakh sq ft in Pune’s Kharadi area for an annual rent of ₹15.77 crore for five years, according to property documents accessed by Propstack.com ₹15.77 crore. (Picture for representational purposes only)(Pexels)” title=”Co-working space firm Awfis has leased a 2.7 lakh sq ft commercial space in […]
Indian real estate recorded equity investments of $11.4 billion in 2024, marking a 54 per cent year-on-year (y-o-y) growth, according to a report by CBRE. Singapore, the US, and Canada emerged as the dominant contributors to foreign equity inflows, collectively accounting for more than 25 per cent of the total investments in the sector. Singapore […]
A homebuyer who had invested in a housing project in Bengaluru has approached the city police after the Bengaluru-based real estate developer Ozone Group allegedly resold his apartment to a new buyer. A homebuyer who had invested in a housing project in Bengaluru has approached the city police after the real estate developer Ozone Group […]
Bengaluru may have witnessed an increase in housing prices by around 5% to 10%, especially in areas close to the city centre and the IT corridors. That said, some areas on the outskirts of Sarjapur, Whitefield in the east, and southern parts such as Kanakapura Road still offer affordable options to buyers with a budget […]
Embassy Office Parks REIT, India’s first listed REIT, said on January 9 that it had leased 2.07 lakh sq ft office space to global cybersecurity company Rubrik at Embassy TechVillage in Bengaluru. Embassy Office Parks REIT has leased 2.07 lakh sq ft office space to global cybersecurity company Rubrik at Embassy TechVillage in Bengaluru. Colliers, […]
As many as 59 ultra-luxury housing units priced over ₹40 crore were sold across the top seven cities in 2024 for a collective sales value of approximately ₹4754 crore. There was a 17% increase in the total sales value of ultra-luxury homes sold in 2023 that saw sales of 58 ultra-luxury homes worth ₹4063 crore, […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has temporarily suspended the registration of 1,950 lapsed real estate projects across Maharashtra. In the coming days, more than 3,499 lapsed real estate projects are expected to face similar action, the MahaRERA said in a statement on January 9. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has temporarily […]