It isn't everyday that Donald Trump comes to Mumbai. Today is that day.
It announced a Rs 4,400-crore (Rs 44-billion) acquisition of the Dhamra port the day election results gave Prime Minister Narendra Modi a superlative win.
Faced with slow offtake in big-ticket residential apartments, property developers are launching one bedroom (BHK) apartments to generate fast liquidity.
The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - had Grade-A office space with an operational stock of around 705 million square feet as of March 2023. India's commercial office space is dominated by technology companies, with information technology (IT) and IT-enabled services (ITeS) companies occupying 42-45 per cent of the operational stock.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Housing launches drop up to 59 per cent in key markets; IT hub Bangalore only exception
Located at Lower Parel, Indiabulls Sky has upscale boutiques, gourmet restaurants, five-star hotels, entertainment-centers, reputed schools, Mahalaxmi Race course and Willingdon Club within the radius of two-to- three-kilometers
While Indians don't buy property during May-September due to the holidays/rains/ religious reasons, buyers should scout for property now.
Eminent ENT surgeon, educationist and Padmabhushan recipient L H Hiranandani passed away at his residence in Mumbai on Thursday evening. He was 96.
Even as demand in the real estate market remains sluggish, Delhi and Mumbai have recoded property price appreciation of 33.3 per cent and 22.65 per cent, respectively.
Pawar had told the media on the day of the raids that the tax searches were also carried out at the premises of his three sisters, one living in Kolhapur district and two in Pune district of Maharashtra.
Canada Pension Plan Investment Board has stringent processes and systems, which are proving to be a stumbling block
The BSE benchmark Sensex on fell by 54 points in early trade due to profit-booking after two sessions of gains amid disappointing industrial production and retail inflation data.
Mumbai's realty sector will protest against an alleged decision deficit and policy paralysis in both the state and central governments besides various pertinent agencies.
D B Realty's share price went up by nearly 10 per cent to close at Rs 125.20 on BSE.
'After that, volumes and prices would move up.'
The real estate developer may have deferred its IPO and realty may be in the dumps, but that hasn't stopped it from making acquisitions worth Rs 12,000 crore.
These cities are -- Mumbai Metropolitan Region (including Navi Mumbai & Thane), Pune, Noida (including Greater Noida & Yamuna Expressway), Gurugram (including Bhiwadi, Dharuhera & Sohna), Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad.
A property in Mumbai has always been a real estate developer's prized catch.
The festival season holds out hope for the real estate industry as demand from end users increases in many markets.
Potential buyers appreciate basic furniture fixtures in the kitchen and living room and are likely to pay a premium for such ready-to-use services.
According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points
However, the realty players will have to pursue their long-pending demands with the state government for abolition of the Urban Land Ceiling Act, speedy approvals to expedite redevelopment of Maharashtra Housing and Area Development Authority buildings, development of cluster development, rental and affordable housing.
Lodha Developers plans to build the world's tallest residential tower at a cost of Rs 2,000 crore (Rs 20 billion) in central Mumbai.
The office space absorption in seven cities, Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Pune, rose 14 per cent during the July-September quarter compared with the year-ago period.
The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.
Apartment buyers are often put in a tight spot by developers who demand more money after initial payments.
India's first escalator, its shortest elevator, a terror attack, a rescue operation -- the building's seen a lot.
American real estate tycoon Donald Trump, who is known for creating landmark properties globally, is eying Indian market in a big way and plans to focus expansion in the country on luxury residences and hotels over the next five years, his scion Donald Trump Junior said on Wednesday.
Saffronart, the online portal that sells art and jewellery has joined hands with real estate services firm Cushman
Launch of new homes dropped by 12 per cent to over 172,000 units so far during this calendar year in the eight major cities.
The newly formed Republican Indian Committee in the United States has appointed Armeane M Choksi -- former World Bank official and venture capitalist and now real estate developer, adjunct professor and community activist -- as its first national president.
For developers who came out of a prolonged slowdown of 2008-09, the fund raising spree could be dangerous, say consultants.
This is despite a 10 per cent rise in the average weekday ridership.
MPCB said Indiabulls had started the construction work at the IT Park project in violation of consent to establish and without complying with its directions issued on January 27.
Textiles-to-aviation conglomerate Wadia Group, which made a foray into the real estate space recently with a new company Bombay Realty, on Tuesday launched a fully integrated, mixed use development project -- 'Island City Centre' -- in south central Mumbai.
Realtors, consultants and foreign universities vie for big share.
This would be another major blow to West Bengal after the pullout of the Tata Nano project.
The dealers operating in the space have jumped nearly three times over the past two years.
