Real Estate Industry News

The combined retail space in the six largest markets, totaling 105 million square feet (msf), is expected to rise to 116-118 msf by March 2025. According to credit rating....

Shriram Properties (SPL) is considering adopting the fractional ownership model and anticipates significant momentum. At the same time, the company is looking to expand in Pune and monetise around....

In a recent development, the Income Tax Appellate Tribunal (ITAT) has ruled that failure to deposit long-term capital gains (LTCG) in a designated account will not result in denial....

In a notable development in the real estate sector, Hindustan Construction Company (HCC) has successfully completed the sale of a prime land near Mumbai for Rs 95 crore. This....

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development division of the Mahindra Group, has launched its second phase of Mahindra Happiest Palghar – 2. The project covers....

Provident Housing, a subsidiary of Puravankara Group, entered the bridge to luxury residential segment with its first project in Bengaluru, Karnataka. Spread over 15 acres on IVC Road, the....

Delta Corp has signed an agreement to invest in Ashok Piramal Group's real estate development company Peninsula Land. The developer will issue shares and mandatory convertible debentures (CCDs) to....

The Reserve Bank of India has informed banks that any additional home loans granted for revitalized real estate projects under a special government scheme should be treated as non-performing....

Brigade Enterprises has launched Brigade Sanctuary, a residential project designed to seamlessly integrate contemporary living with the tranquility of the natural environment. Spread over 14 acres on Whitefield-Sarjapur Road,....

White Lotus Group has successfully completed a financing round of Rs 150 million. Led by Dubai-based Luxe Port Group of Companies, White Lotus Group, founded by Pavan Kumar, an....