Real Estate


Housing sales up 14% in Jan-Mar to 1.13 lakh units across top 7 cities: Report

Published on Mar 26, 2023 01:02 PM IST

Delhi-NCR is the only city likely to witness a decline in sales during the first quarter of this calendar year.

Mumbai Metropolitan Region (MMR) and Pune contributed 48 per cent to total sales. (Bachchan Kumar/ Hindustan Times)
PTI | | Posted by Yagya Sharma

Share of affordable homes supply across 7 cities slips to 20% from 40% in 2018

Delhi-NCR-based realty firm Signature Global Chairman Pradeep Aggarwal said, "One of the main reasons is that the cost of inputs and land prices have both risen significantly in the past few years, leaving no room for developers to launch projects in this category".

The share of the supply of affordable housing in 2019 remained at 40 per cent in the total new launches of 2,36,560 units.(Representative image/ Bloomberg)
Published on Mar 25, 2023 08:22 PM IST
PTI | | Posted by Yagya Sharma

Chinese buyer's offer for this Hong Kong mansion could be new Asia record

The four-story property is located at No. 45 Barker Road, with a total floor area of 4,700 square feet (437 square meters), the Hong Kong Economic Times reported, citing an unidentified market source.

Hong Kong’s Peak is a luxurious residential neighborhood where many of the city’s richest tycoons own homes.(Bloomberg via Google maps)
Published on Mar 23, 2023 09:09 AM IST
Bloomberg |

Ganga Realty to invest 750 cr in Gurugram housing project

Ganga Realty will develop 2,972 apartments in new project ‘Tathastu’ at Gurugram.

Ganga Realty's project is expected to be delivered by the first quarter of 2027. (Representative)
Published on Mar 21, 2023 05:28 PM IST

DLF to invest around 3,500 cr for housing project in Gurugram

DLF will develop a new group housing project in Gurugram 'The Arbour', which is spread over 25 acre and comprises 5 towers with a total of 1,137 premium apartments.

The total construction cost will be around <span class='webrupee'>₹</span>3,500 crore over the next four years, DLF group executive director Aakash Ohri said. (HT PHOTO) (Representational Image)
Published on Mar 19, 2023 06:23 PM IST
PTI | | Posted by Lingamgunta Nirmitha Rao

Magicbricks launches AI-based market scanner to help builders, brokers in sales

Magicbricks said it has launched AI-powered marketing solution tool 'Project Market Scanner (PMS)' for developers and real estate agents. The tool matches buyers with the right properties in real-time.

The PMS tool will help developers access relevant and high intent homebuyers by using sophisticated algorithms and data analytics.(File)
Published on Mar 13, 2023 01:18 PM IST

Registration of housing properties in Hyderabad slips 3% in February: Report

The total value of properties registered stood at ₹2,816 crore in February against ₹2,837.7 crore in the year-ago period.

The share of Hyderabad district in total registrations was recorded at 15 per cent in February 2023..(Representative image)
Published on Mar 09, 2023 03:24 PM IST
PTI | | Posted by Shobhit Gupta

Nannies on call, spas; India witnessing 'mad rush' for luxury housing

Property developers say spacey high-price apartments that come with add-ons like concierge services, spas, multi-level parking, large green open spaces and a heated pool have become the rage.

Many people want to upgrade their homes after the Covid-19 pandemic confined them indoors, industry executives say.(Getty Images/iStockphoto)
Published on Mar 07, 2023 07:28 AM IST
Reuters |

SWAMIH fund completes over 20,000 homes since 2019. Know what's its purpose

Centre claims SWAMIH fund has one of the largest domestic real estate private equity teams that are focused on monitoring and funding the completion of stressed residential properties

SWAMIH fund completes over 20,000 homes since its inception.(Bloomberg)
Published on Mar 06, 2023 11:46 AM IST
BySnehashish Roy

51% millennials willing to spend 25% of income on fully managed rentals: Report

51 pc of millennials willing to spend more than 25 pc of income on fully managed housing rental accommodation: Survey

The survey also highlighted that 44.86 per cent of millennials choose to stay in 3-4 star properties.(Representative image)
Published on Mar 04, 2023 05:35 PM IST
PTI | | Posted by Shobhit Gupta

Real estate in Delhi-NCR to grow exponentially in 2023: Report

A survey conducted by R&R By Rise showed that the mood of the buyers clearly points to good times for the real estate segment in Delhi-NCR.

One of the key findings of the survey that emerged points to the millennial population being a key player in growing real estate market in Delhi-NCR. (HT Photo) (Representational Image)
Published on Mar 03, 2023 07:04 PM IST
ANI | | Posted by Lingamgunta Nirmitha Rao

BCD Group partners with ArisUnitern to fast-track real estate projects

BCD Group looks to significantly expand its clientele with this partnership.

An aerial view of housing and real estate in Navi Mumbai, (HT/file)
Updated on Feb 27, 2023 02:23 PM IST

DLF to not launch Real Estate Investment Trust public offer in next 12 months

Real estate investment trust (REIT), a popular instrument globally, was introduced in India a few years ago to attract investment in the real estate sector by monetising rent-yielding assets.

The decision comes amid global uncertainties and high interest rates regime.
Published on Feb 26, 2023 03:41 PM IST

Hero Realty locks 5-acre land deal in Gurugram for residential project

In December 2018, Hero Realty announced its foray into the Delhi-NCR property market with an investment of about ₹900 crore to develop a premium housing project in Gurugram.

Dharmesh Shah, CEO, Hero Realty, said, “The acquisition marks the entry of Hero Realty into the plotted spaces in Delhi-NCR region.
Published on Feb 25, 2023 03:47 PM IST

Permissions for building 4th floor on hold in Haryana

Chief minister Manohar Lal Khattar announced in the state assembly that the government will not entertain new applications or building plan maps for stilt plus four-storey structures

Haryana Chief Minister Manohar Lal Khattar made the announcement in the state assembly on Wednesday. Such structures have come under criticism from residents and resident welfare associations, who say they put heavy pressure on the existing infrastructure of plotted colonies. (ANI)
Published on Feb 24, 2023 01:51 AM IST

Delhi-NCR, Bengaluru among favourite destinations for retail brand expansion

As per the report, Delhi-NCR and Bangalore have amassed more than 60 per cent of the annual and half-yearly leasing activity. The annual retail leasing saw a seismic growth of 21 per cent Y-o-Y and touched 4.7 million sq. ft. in 2022.

The report enumerates that rental space prices have increased by 4-8 per cent in specific locations of Delhi-NCR and Bangalore. (Image for representation)
Published on Feb 23, 2023 03:57 PM IST

Did DLF really sell 1,137 Gurugram flats at 7 crore each in 3 days?

DLF’s last completed project was Crest and Camellias.

Huge crowds line up at DLF office. (Twitter/AlokJain)
Published on Feb 23, 2023 07:27 AM IST

4-floor builder apartments a popular choice in Gurugram, Faridabad. Here's why

Gurugram and Faridabad, two of the biggest cities in Haryana, are witnessing a significant reversal in the housing market trend as four-floor independent Builder apartments gain popularity following the pandemic.

Four-floor independent builder floors have recently become a more popular driver for quality home at a reasonable price.(Gurminder singh/HT)
Updated on Feb 19, 2023 03:43 PM IST

RPG Group's KEC International gets new orders worth 3k crore

According to a company statement shared with exchanges, its civil business has secured orders for executing infra works in the water pipeline and commercial building segments in India.

An aerial view of housing and real estate, in Navi Mumbai, Friday.(Bachchan Kumar/HT PHOTO)
Published on Feb 18, 2023 03:58 PM IST
ANI | | Posted by Singh Rahul Sunilkumar

China's property sales static despite policies to stimulate market: Report

In January, the Chinese regime and the central bank introduced various policies to revive sales.

There is a consensus that the real estate sector in China is on a downward spiral.(Representative image)
Updated on Feb 17, 2023 01:28 PM IST
ANI | | Posted by Shobhit Gupta

Godrej Properties acquires legendary actor Raj Kapoor's Mumbai bungalow

The land was purchased from the Kapoor family, legal heirs of Raj Kapoor, the company said in a regulatory filing.

Raj Kapoor in Shree 420.
Published on Feb 17, 2023 11:26 AM IST

Haryana road projects may get retrospective green nods

In a letter written in early February, the ministry has asked the Haryana government to submit details of 790 projects involving diversion of strip forest land for approach roads to provide access to roadside amenities such as retail stores, petrol pumps, and wedding halls.

Haryana has a forest cover of only 3.63%, according to the Forest Survey of India. (HT file photo)
Updated on Feb 16, 2023 08:54 AM IST
ByJayashree Nandi, New Delhi

New Zealand house prices edge higher in January: Report

Seasonally adjusted national median house prices values rose 0.2% in January compared with the previous month.

Seasonally adjusted national median house prices values rose 0.2% in January.(Twitter)
Published on Feb 14, 2023 02:42 PM IST
Reuters | | Posted by Shobhit Gupta

Russians fleeing Ukraine war, investing in Dubai: Report

This time it’s Russian investors fleeing Moscow’s war on Ukraine, rather than people escaping Mideast battlefields.

A person drives a jet car, a car shaped speed boat, in Dubai.(REUTERS)
Published on Feb 13, 2023 04:29 PM IST
AP | | Posted by Shobhit Gupta

Costliest apartment deal: Oberoi Realty buys Mumbai penthouse for 230 crore

Said to be one of the largest single deals in India, Oberoi Realty has reportedly acquired around 30,000 sq ft through its affiliate company.

In a regulatory filing, Oberoi Realty said its shareholders had in December approved the acquisition of residential premises in the project Three Sixty West constructed by Oasis Realty for up to <span class='webrupee'>₹</span>4,000 crore. (File/representative)
Published on Feb 12, 2023 05:14 PM IST
By | Edited by Aniruddha Dhar

Monthly rent for 2-BHK flats in Noida up by 23% since 2019: Report

The rental demand would continue to head northward in 2023, as per the report.

Noida's Sector-150 saw the highest 23 per cent increase in average rentals to about <span class='webrupee'>₹</span>19,000 per month, from <span class='webrupee'>₹</span>15,500 in 2019. (File/representative)
Published on Feb 12, 2023 03:57 PM IST
PTI | | Posted by Ritu Maria Johny

Wuhan eases housing curbs, paves way for other cities in China

With a population of 13 million, Wuhan is the first major city to clearly allow homeowners to buy additional units, easing a ban put in place in many metropolitan areas to prevent speculation.

Wuhan, China’s eighth-most populous city, will allow local families to buy an additional home in areas with purchasing caps. (PIC FOR REPRESENTATION)
Published on Feb 07, 2023 12:03 PM IST
Bloomberg | | Posted by Lingamgunta Nirmitha Rao

In Apr-Dec, Godrej Properties sales bookings rise 77% to 8,181cr

The sales bookings in the third quarter were the highest for Godrej Properties for any quarter ever.

Out of the total sales bookings in April-December of this fiscal, the residential segment contributed <span class='webrupee'>₹</span>8,124 crore. (Representational Image)(@GodrejProp/Twitter)
Published on Feb 05, 2023 06:18 AM IST
PTI | | Posted by Lingamgunta Nirmitha Rao
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