BusinessUncover

Tag: Real estate

Sushma’s Building Business Summit Drives Insightful Discussions on the Future of Real Estate

The second edition of the Building Business Summit, organized by the renowned Sushma Group, concluded successfully on July 26, 2024, at The Tagore Theater in Chandigarh. As India’s only event dedicated to channel partners, the event witnessed the august presence of esteemed industry leaders, discussing the future of commercial real estate, technology, and brand building….

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Top Real Estate Players Break Records, Over Rs. 12000 Crores in Quarterly Sales

Top-listed real estate players in India are experiencing exceptional business growth, driven by strong consumer demand and increased sales. Many developers have reported record-breaking pre-sales in the 2023-24 fiscal year, highlighting their robust market performance. Significant increases in market capitalization and sales bookings reflect the industrys positive trajectory. Source – Screener According to Screener, a…

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Amaravati: In one week, a ghost town becomes a hotspot

Amaravati: The local real estate market, which was in doubt until a week ago, has gained attention once more with the return of Chandrababu Naidu to power in Andhra Pradesh and his party’s promise to establish Amaravati as the new capital. Leading real estate developers and brokers claim that prices have climbed by 10–20% on…

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Shriram Properties enters JDA for 4-acre site near Yelahanka in Bengaluru

Shriram Properties: An excellent 4-acre plot of property tucked away in Yelahanka, Bengaluru, is going to be developed thanks to a Joint Development Agreement (JDA) inked by South Indian residential real estate developer Shriram Properties Limited. Around 3.8 lakh square feet of saleable space, or 270 flats, would be included in the proposed project. The…

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“Prestige Group inks Rs 2,001 Cr pact with Kotak AIF and Abu Dhabi Investment Authority.”

On Monday, Prestige Group declared that it has signed a strategic agreement with Kotak AIF and the Abu Dhabi Investment Authority (ADIA). It further stated that the development of residential projects in prestigious locations across four Indian cities is the primary goal of the Rs 2,001 crore (~$240 million) deal. Assuring the company’s dedication to…

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Real estate cases 116,000 have been settled since 2016.

Real estate cases: Based on data from the Ministry of Housing and Urban Affairs, the Real Estate Regulatory Authority (RERA) has settled up to 116,300 cases involving buyers since the Real Estate (Regulation and Development) Act, 2016. As of November 28, 2023, Anarock Property Consultants released a report stating that Uttar Pradesh has settled 38%…

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