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Alpha Corp launches luxury housing project in Gurugram; to invest 350 cr

Published on Jul 09, 2024 03:49 PM IST

Alpha Corp is expecting a revenue of approximately ₹600 crore from its new luxury housing project in Gurugram.

Alpha Corp, a Gurugram-based real estate firm, has announced the launch of a luxury housing project in the millennium city. (Representational photo)(pexels)

Mumbai-based real estate developer Ashwin Sheth Group plans to float an IPO

Mumbai real estate news: The Ashwin Sheth Group (ASG) also plans to foray into Bengaluru, Delhi-NCR, Hyderabad, Chennai and Goa markets

 Ashwin Sheth Group (ASG) on July 9 announced that it plans to float an Initial Public Offering (IPO) in the next 18 to 24 months and raise <span class='webrupee'>₹</span>2,000 to <span class='webrupee'>₹</span>3,000 crore.
Published on Jul 09, 2024 02:55 PM IST
ByMehul R Thakkar

This is world's most affordable country for immigrants in 2024: India in top 10

Asian countries dominated 2024's list getting 6 out of 10 positions. Southeast Asia stood out with Vietnam, Indonesia, Philippines, Thailand ranking in top 10.

The ranking was based on quality of life, digital life, housing and language, career prospects, salary and job security.
Updated on Jul 09, 2024 11:11 AM IST
By | Edited by Mallika Soni

After Dubai, Danube Properties plans to foray into Abu Dhabi and Ras Al-Khaimah

Rizwan Sajan, promoter of Danube Group, said that while the firm has its hands full with projects in Dubai, it may foray into the Abu Dhabi and Ras Al-Khaimah

Danube Group now has its eyes set on expanding to the United Arab Emirates (UAE)'s Abu Dhabi and Ras Al-Khaimah, due to interest from Indian investors in these real estate markets.
Published on Jul 09, 2024 10:36 AM IST
ByMehul R Thakkar

Homebuyers of 3C Lotus City project to get relief

ACE Infracity Developers Pvt Ltd that took over the 3C Lotus City project in June 2023 in a bidding by the NCLT, mutually reached an agreement with Yeida

Yeida realised that the resolution plan submitted by ACE was not in the authority’s best interests, prompting them to file plea in NCLAT. Since then, the case has remained pending thereby delaying the project. (Sunil Ghosh/HT Photo)
Updated on Jul 09, 2024 06:58 AM IST
By, Greater Noida

‘Sunny room’ listed for rent at 81,000 a month is actually a balcony

The post of a Syndey balcony converted into a “room” for rent shocked social media users amid the rental crisis in the biggest city in Australia.

The balcony
Updated on Jul 09, 2024 09:32 AM IST

Samsung renews lease for 4 lakh square feet office space in Bengaluru

Tech giant Samsung has renewed its lease for a 4 lakh sq ft space in Bengaluru’s Bagmane Goldstone tower, at a monthly rent of ₹4.3 crore

Samsung renews lease for 4 lakh sq ft space in Bengaluru at annual rental fee of over <span class='webrupee'>₹</span>50 crore (Representational photo)(AFP)
Published on Jul 08, 2024 06:11 PM IST
ByShakshi Jain

Top real estate deal: 12,000 sq ft penthouse in Pune sold for 37 crore

A 12,000 sq ft penthouse has been sold in Pune for ₹37 crore making it the most expensive property deal in the city

A 12,000 sq ft penthouse has been sold in Pune for <span class='webrupee'>₹</span>37 crore, making it the most expensive property deal in the city.
Published on Jul 08, 2024 03:42 PM IST

628 realtors under MahaRERA lens for not displaying RERA number in ads

MahaRERA takes suo motu action against 628 realtors for not displaying RERA registration number and QR code in their advertisements; ₹88 lakh penalty imposed

 MahaRERA has initiated action against developers of 628 real estate projects for not displaying RERA registration number and QR codes in their advertisements and imposed a penalty of <span class='webrupee'>₹</span>88.90 lakh on them.(Unsplash)
Published on Jul 08, 2024 02:56 PM IST
ByMehul R Thakkar

SC calls for uniformity in builder-buyer agreements to protect home buyers

A Supreme Court bench led by Chief Justice of India Dhananjaya Y Chandrachud observed that home buyers across the country are being defrauded by the builders

The Supreme Court of India. (File)
Published on Jul 08, 2024 02:34 PM IST

Ambani wedding: All 5-star hotels in BKC ‘sold out’

Anant Ambani wedding: Two main hotel properties in Bandra-Kurla Complex 'sold out'. Rate at one of the hotels has risen to ₹91,350 a night on July 14.

Anant Ambani-Radhika Merchant's sangeet: His ensemble features real gold and her lehenga has Swarovski crystals. (Instagram)
Published on Jul 08, 2024 11:58 AM IST

Premiumization of Mahindra SUVs holds mirror to housing: Mahindra Lifespaces MD

Mahindra Lifespaces plans to rebrand itself to a premium real estate firm and focus on Mumbai, Pune and Bengaluru markets

Mahindra Lifespaces plans to rebrand itself to a premium housing company and expand further into Mumbai, Pune and Bengaluru, said Amit Kumar Sinha, Managing Director and CEO of Mahindra Lifespaces.
Published on Jul 08, 2024 09:49 AM IST
ByMehul R Thakkar

‘How Bengaluru sells apartments’: Ad touting huge water storage garners laughs

Bengaluru builder's advertisement pegging new project as a water-rich villa community sparks discussion on social media amid ongoing water scarcity issues.

The builder advertised their new project's astonishing water storage capacity rather than details such as the number of villas or price per square feet.
Published on Jul 07, 2024 06:02 PM IST

NCR and MMR housing prices increase by 49% in five years

NCR saw approximately 2.72 lakh units sold; MMR saw sales of 5.50 lakh units; unsold stock in NCR declined by over 52% in the last 5 years, MMR saw 13% decline

NCR recorded a 49% five-yearly jump in average housing prices between H1 2019 and H1 2024, a report by Anarock has said (Pexels)
Published on Jul 07, 2024 12:08 PM IST

Signature Global Q1-FY25 sales bookings grow 255% to 3120 crore

Signature Global said in a regulatory filing that more than 30% of the FY25 guidance of ₹10,000 crore in pre-sales was achieved in Q1 FY25.

Gurugram-based real estate firm Signature Global said that more than 30% of the FY25 guidance of <span class='webrupee'>₹</span>10,000 crore in pre-sales was achieved in Q1 FY25.
Published on Jul 07, 2024 11:29 AM IST

Mumbai watch out! Buyers now lapping up over 10-cr luxury homes in Bengaluru

With rising aspirations amid robust economic growth, Bengaluru is witnessing increasing number of takers in the ultra-luxury housing market

With rising aspirations amid a robust economic growth, Bengaluru is seeing increasing number of takers in the upper end of its luxury housing market(Pexel)
Updated on Jul 07, 2024 09:45 AM IST
ByShakshi Jain

Surat building collapse: 7 killed, more feared trapped; rescue operation on

Seven people died, and some others are still feared to be trapped for over 12 hours after a multi-storeyed building collapsed in Surat on Saturday.

Police and fire department personnel conduct a rescue operation after a Four-floor building collapsed, in the Sachin area, Surat on Saturday. (ANI )
Updated on Jul 07, 2024 09:02 AM IST

Ronit Roy purchases apartment for 18.94 crore in Mumbai

Mumbai real estate: The apartment was purchased by Bollywood actor Ronit Roy and his wife in a project by Lodha Developers in Versova, Mumbai

Ronit Bose Roy and wife Neelam Bose Roy have purchased a 4,258 sq ft apartment in Versova area of Mumbai for <span class='webrupee'>₹</span>18.94 crore.(HT Files)
Published on Jul 06, 2024 05:12 PM IST
ByMehul R Thakkar

Tamannaah Bhatia buys retail space worth 24 crore in Mumbai

Bollywood star Tamannaah Bhatia has purchased retail space worth ₹24 cr in Mumbai. This is the third property deal registered in her name in the month of June

Tamannaah Bhatia buys retail space worth <span class='webrupee'>₹</span>24 crore in Mumbai(HT file photo)
Published on Jul 06, 2024 05:04 PM IST
ByShakshi Jain

Experion buys land parcel in Gurugram for 400 crore

Experion anticipates a total development cost of approximately ₹2,000 crore for the Gurugram project, with an estimated revenue potential of around ₹3,700 crore

Experion buys a land parcel in Gurugram for <span class='webrupee'>₹</span>400 crore (HT File) (Representational photo)(HT FIle)
Published on Jul 05, 2024 07:59 PM IST

Priyanjali Mariwala buys apartment in Mumbai's BKC for more than 65 crore

Priyanjali Mariwala, who leads the ASCENT Foundation, a not-for-profit firm of Harsh Mariwala, chairman of Marico, has bought the flat in Mumbai

Priyanjali Mariwala has bought an apartment for <span class='webrupee'>₹</span>65.25 crore in Sunteck Signature Island, (Representational photo)(Unsplash)
Published on Jul 05, 2024 06:24 PM IST

Fire breaks out at Logix Mall in Noida's Wave City Centre

Fire breaks out at Logix Mall in Noida's Wave City Centre

Fire breaks out at Logix Mall in Noida's Wave City Centre
Updated on Jul 05, 2024 01:25 PM IST
By | Reported by Ashni Dhaor

Housing sales in top 30 Tier 2 cities rise 11% in FY2024: PropEquity

Housing sales across top 30 Tier II cities increased 11% annually to nearly 2.08 lakh units during the last fiscal on high consumer demand

Housing sales across top 30 Tier II cities increased 11% annually to nearly 2.08 lakh units during the last fiscal year on high consumer demand (Representational Photo)
Published on Jul 05, 2024 12:36 PM IST

Mahindra Lifespaces closes two deals worth 2,050 cr in Bengaluru and Mumbai

Mahindra Lifespaces bags a redevelopment project in Mumbai, acquires land in Bengaluru with a combined revenue potential of ₹2050 crore

Mahindra Lifespace Developers Ltd on July 4 said that it has acquired a land in Bengaluru and bagged a redevelopment project in Mumbai comprising seven residential societies.(HT Files)
Published on Jul 04, 2024 10:26 PM IST

Manappuram Finance MD Nandakumar buys 41 crore duplex in Mumbai

VP Nandakumar, MD and CEO of Manappuram Finance has purchased a 4,500 square feet duplex property in Mumbai’s Bandra West locality for ₹41.25 crore

VP Nandakumar, MD and CEO of Manappuram Finance has purchased a 4,500 square feet duplex property in Mumbai’s Bandra West locality for <span class='webrupee'>₹</span>41.25 crore(NoBroker)
Published on Jul 04, 2024 08:27 PM IST
ByShakshi Jain

Raymond to demerge realty business; to list the realty vertical on exchanges

The board of Raymond on July 4 approved the demerger of the real estate business. Demerger aimed at exploiting the growth potential of the realty business

Published on Jul 04, 2024 08:10 PM IST

Whiteland Corporation to invest 5600 cr to develop luxury project in Gurugram

Construction cost for the branded residences project in Gurugram to be ₹5600 crore, including land cost; Partners with Marriott to manage the apartments

Whiteland Corporation to invest <span class='webrupee'>₹</span>5,600 crore to develop a branded residences project in Gurugram
Published on Jul 04, 2024 06:50 PM IST

Office space absorption may touch more than 70 mn sq ft by end of the year

Bengaluru remained the largest office market in H12024; Demand for office space from IT firms may double in the next half of the year: Knight Frank

Office space absorption may touch more than 70 mn sq ft by end of the year: Knight Frank (Representational photo) (Pexels)
Published on Jul 04, 2024 06:38 PM IST

Why are rich Indians amongst the biggest property buyers in London?

Stable rental yields and capital appreciation among factors drawing Indians towards London’s realty market. Prices are comparable to that of Mumbai and Delhi

Stable rental yields and capital appreciation are among some factors drawing wealthy Indians towards London’s real estate market. (Representational photo)(Unsplash)
Published on Jul 04, 2024 06:25 PM IST
ByShakshi Jain

Office leasing across top 9 cities touches 32.8 mn sq ft in Jan-June: CBRE

Global Capability Centres drive office leasing in January-June period with 37% share; Demand for office space leasing by IT firms returns and accounts for 29%

Office leasing touched 32.8 mn. sq. ft. during January to June period, recording an increase of 14% year-on-year across nine cities, a report by CBRE (Representational photo)(Pexels)
Published on Jul 04, 2024 03:56 PM IST
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