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Prestige Group plans to develop Hyderabad’s largest mixed-use township with Rs 5,000 crore investment-thumnail

Prestige Group plans to develop Hyderabad’s largest mixed-use township with Rs 5,000 crore investment

Prestige Group, a real estate developer based in Bengaluru has plans to transform the skyline of Hyderabad with their project called Prestige City Hyderabad.

Business

Sep 1, 2023

The top 7 cities’ luxury property prices increased by 24%-thumnail

The top 7 cities’ luxury property prices increased by 24%

According to research from Anarock Research, luxury property prices have increased by 24% in India’s top seven cities over the previous five years, outpacing the rise in the value of affordable housing. Luxury homes are in more demand as a result of the pandemic’s impact on housing choices, which has raised their price range.

Business

Aug 8, 2023

Indian Real Estate Sector Witnesses Volatile Yet Upward Trajectory in Institutional Investment-thumnail

Indian Real Estate Sector Witnesses Volatile Yet Upward Trajectory in Institutional Investment

The Indian actual estate domain has launched into a rollercoaster journey regarding institutional investments in the ultimate five quarters. As per Vestian’s comprehensive file, the world managed to charm a

Industry

Aug 1, 2023

Block deal in real estate firm DLF to be executed by an exiting promotor at a 3% discount-thumnail

Block deal in real estate firm DLF to be executed by an exiting promotor at a 3% discount

DLF, a known real estate developer is planning to conduct a block deal on August 1st worth Rs 1,086.2 crore. They are offering a 3 percent discount compared to the market price. In the quarter that ended in June 2023, DLF exceeded analysts’ expectations by generating a profit of Rs 526.11 crore. As part of their re-entry, into the Mumbai market, DLF has partnered with Trident Group. Together they plan to launch a project in Andheri West spanning over nine lakh sq ft. The company is investing Rs 400 crore as equity, for this development initiative.

Business

Aug 1, 2023

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment-thumnail

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment

Singapore-based real estate AT Capital firm and NBFC firm Experion Capital has made its first investment in India by providing ₹200 crores as project finance for Vatika Group’s prestigious luxury residential project, Sovereign Park, located in Gurugram.

Business

Jul 31, 2023

Chinese Real Estate Industry Faces Deepening Crisis as Giants Struggle to Repay Debts-thumnail

Chinese Real Estate Industry Faces Deepening Crisis as Giants Struggle to Repay Debts

China’s real estate industry is experiencing a severe downturn, with stocks and bonds in the sector hitting eight-month lows. The country’s two largest developers, Country Garden and Dalian Wanda, are

Industry

Jul 24, 2023

South Korean Regulator Requests $4 Billion Financing to Support Troubled Credit Cooperative-thumnail

South Korean Regulator Requests $4 Billion Financing to Support Troubled Credit Cooperative

South Korea’s financial services regulator has reportedly asked major commercial banks to prepare approximately $4 billion in financing to provide support to MG Community Credit Cooperatives (MGCCC), which has been

Business

Jul 10, 2023

The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes-thumnail

The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes

A recent report by property consultancy Knight Frank reveals a significant shift in India’s real estate market during the first half of the calendar year 2023. The sales of mid-segment and premium homes have surpassed affordable homes, despite an increase in residential property prices across major Indian cities. The surge in demand for costlier homes has come at a time when the overall sales of residential properties experienced a marginal decline. This article delves into the key findings of the report, analyzing the factors behind this trend.

Business

Jul 4, 2023

The Indian Construction Industry: A Case Study on the Challenges and Opportunities Facing India’s Construction Sector-thumnail

The Indian Construction Industry: A Case Study on the Challenges and Opportunities Facing India’s Construction Sector

The development of India’s economy has been significantly influenced by the Indian construction industry. It is one of the industries with the fastest expansion. India has undergone a considerable development boost because of its substantial infrastructural developments and rapid urbanization. Each sector’s expansion is accompanied by increased obligations and pressure to live up to community expectations. Nevertheless, similar to other industries in India, the construction industry faces an assortment of challenges that need to be rectified. This article provides a brief overview of concerns and opportunities associated with the construction industry. 

Business

Jun 30, 2023

Companies want to utilize flexible office space more often-thumnail

Companies want to utilize flexible office space more often

Since 47% of corporates plan to utilize flexible office space more over the next 12 months, it has become clear that this is the best short-term real estate portfolio strategy.

News

Jun 26, 2023

Renowned Actor Vijay Raaz Adds his Voice to Omaxe’s Revolutionary Marketing Campaign – Purani Dilli, Surpasses 18Million Views-thumnail

Renowned Actor Vijay Raaz Adds his Voice to Omaxe’s Revolutionary Marketing Campaign – Purani Dilli, Surpasses 18Million Views

Omaxe Group, the leading real estate developer in North India, has once again achieved a significant milestone with the resounding success of its latest marketing campaign for Omaxe Chowk. Located

Real Estate

Jun 23, 2023

Blackstone planning to launch another IPO for its REIT amounting to up to $1 billion-thumnail

Blackstone planning to launch another IPO for its REIT amounting to up to $1 billion

Blackstone has a proven track record of swiftly monetizing its real estate assets in India. In 2019, they launched Embassy Office Parks REIT, and a year later, they listed Mindspace Business Parks REIT in which they held a small stake that was subsequently sold off. The firm has also been preparing its mall portfolio for REIT conversion, successfully listing it this year.

News

Jun 21, 2023


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