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Real Estate

Tier II-III cities are key drivers for realty growth

Tier-II and -III cities are hotbeds for growth; as per a recent report by consulting firm Kearney, these cities are opening up opportunities for businesses and industries to expand. For a long time, these cities with abundant resources have been untapped. The country’s major developers flocked only towards the metro cities to establish world-class infrastructure. […]

Real Estate

Sohna is emerging as top real estate destinations

Intro: Sohna Road demonstrates promising improvements to many of the key livability index parameters and has emerged as hot real estate investment destination Sohna has risen steadily on the livability index over the last few years; the city and its vicinity show promising progress on many of the key parameters of the livability index that […]

Real Estate

Elante Group’s New Project Launch Sets Benchmark in Luxury Segment for Gurugram

Gurugram: Elante Group, Gurugram’s luxury real estate developer, has launched another project, C-104 in South City 2, with extending evaluation of more than 1.5 million USD, as demand for homes in the low rise apartments’ category remains relatively better in a tepid residential market. The date of possession for the units in C-104 starts on March 2022. […]

Real Estate

Home sales in Delhi/NCR, Chennai rack up in January 2021: PropEquity Study

New Delhi: In a report released by PropEquity, India’s leading real estate data, research and analytics firm, total absorption or sales of home units in Delhi/NCR and Chennai increased by 42% and 3% respectively in January 2021 from December 2020. While it was 2059 units in December 2020, it increased up to 2930 units in January 2021 […]

Real Estate

Mumbai 14% higher than Hyderabad & Chennai in average construction cost: JLL

· Hyderabad and Chennai have the lowest average construction costs · The cost of construction is highest in Mumbai which is on average 10% higher than other metros, across asset classes · 5-6% cost increase in greenfield & interior fit-out projects due COVID-19 · The higher costs in Mumbai are largely attributable to corresponding higher prices of key construction materials like cement, reinforcement steel, structural steel, stones and like Mumbai: Chennai and Hyderabad are at the lower ends of the cost spectrum against which the cost of Mumbai is 14% higher. Taking into account the other metros like […]

Real Estate

MultiLiving launches Propel app, an end-to-end Property Management App for Homeowners

New Delhi: MultiLiving, India’s first residential real estate technology platform, has launched Propel, an app designed to provide hassle-free end-to-end residential property and tenancy management services. The services range from tenant acquisition, tenancy management, documentation & contract management, maintenance support and supervision and quarterly inspections to protect and improve the value of the residential asset. […]

Real Estate

Tata Housing Launches ‘The Final Rush’ flash sale

Tata Housing Development Company (THDC), one of the leading real estate development companies in India, announced its plan of launching ‘THE FINAL RUSH’, a national flash sale applicable on 15 projects across India. Designed keeping in mind the end of financial year this month, the ‘THE FINAL RUSH’ flash sale is being introduced to help homebuyers make the most of this end of […]

Real Estate

Brookfield Properties Becomes the First Commercial Real Estate Company in India to Receive Bureau Veritas’ “Safeguard” Certification

Mumbai: Brookfield Properties today announced it is the first commercial real estate company in India to receive Bureau Veritas’ “Safeguard” label, a leading health, safety, and hygiene assessment certifications. The certification focuses on four areas of operation – safe working conditions for employees, end consumer reassurance, compliance with local regulation and consistent approach across all […]

Real Estate

Puravankara Re-enters Mumbai with its First Ultra-Luxury Project in the City

To kick off its national expansion plan, Puravankara Limited launches its first ultra-luxury project in Mumbai, ‘Purva Clermont’. This venture will mark its re-entry in the city and its maiden foray into the ultra-luxury category under the WorldHome Collection in the Mumbai Metropolitan Region (MMR). WorldHome Collection is the new range of ultra- Luxury homes by Puravankara […]

Real Estate

Opportunities galore for investors as Rajdarbar Group backs small cities to override volatile real estate markets

With a large number of projects launched by organized players like Rajdarbar Group in Tier 2 cities, the opportunities galore for investors to bolster their investment portfolio At a time when the institutional investment in Indian real estate is estimated to grow by 14.6 per cent to Rs 396 billion (as per Colliers International India), […]