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Industry News

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Industry News

  • Noida Authority sells 149 plots in FY24, gets Rs 1.03 lakh crore of investment commitments Moneycontrol.com

    The Noida Authority sold 149 plots in FY24 and secured Rs 1.03 lakh crore of investment commitments from the buyers for various projects to be developed on these properties, officials said. The plots were allotted to companies from sectors including housing, IT/ITES, industrial, and commercial. The officials said the target for the financial year was to get investment commitments of Rs 90,000 crore. The Authority has compiled a report on the investment proposals received and those that materialised in FY24 and has sent it to the Uttar Pradesh government.

  • Noida Authority sells 149 plots in FY24, gets Rs 1.03 lakh crore of investment commitments Moneycontrol.com

    The Noida Authority sold 149 plots in FY24 and secured Rs 1.03 lakh crore of investment commitments from the buyers for various projects to be developed on these properties, officials said. The plots were allotted to companies from sectors including housing, IT/ITES, industrial, and commercial. The officials said the target for the financial year was to get investment commitments of Rs 90,000 crore. The Authority has compiled a report on the investment proposals received and those that materialised in FY24 and has sent it to the Uttar Pradesh government.

  • ROLE OF MALLS IN BOOSTING REAL ESTATE DEMAND rprealtyplus.com

    In the dynamic landscape of India's real estate sector, malls have emerged as key players in driving demand and shaping the urban fabric. The strategic positioning of real estate projects near malls has become a defining trend, reflecting the evolving preferences of homebuyers and the changing dynamics of urban living.

  • Role of malls in boosting real estate demand rprealtyplus.com

    In the dynamic landscape of India's real estate sector, malls have emerged as key players in driving demand and shaping the urban fabric. The strategic positioning of real estate projects near malls has become a defining trend, reflecting the evolving preferences of homebuyers and the changing dynamics of urban living.

  • What are cupolas? What are its uses? Housing.com

    The word ‘cupola’ stems from the Latin ‘cupula,’ meaning ‘small cup,’ a fitting description for their shape. These tower-like structures grace everything from historic houses and civic buildings to gazebos and barns. However, there are two distinct types of architectural cupolas: The roof element: This is the cupola we typically envision – a small, often octagonal structure crowning a roof. The dome interior: This cupola refers to the domed ceiling or vault found inside grand buildings, like the stunning cupola frescoes adorning the Austrian National Library.

  • 4000 home buyers likely to get plot possession soon in Wave City Financial Express

    Wave City, an integrated township project by Utpal Chadha Hi-Tech Developers Pvt Ltd, is gearing up to grant plot possession to over 4,000 buyers, bringing them closer to realizing their dream of owning a home in Wave City’s thriving community. This development comes after the project’s revised DPR (Detailed Project Report) is expected to receive approval for 3786.79 acres of land in a GDA meeting expected to be held this week.

  • Shriram Properties inks JV for 4-acre housing project; eyes over Rs 250 crore revenue Moneycontrol.com

    Realty firm Shriram Properties Ltd has partnered with a landowner to develop a 4-acre housing project in Bengaluru with an estimated revenue potential of more than Rs 250 crore. In a regulatory filing on Tuesday, the company informed that it has signed a Joint Development Agreement (JDA) for the development of a prime 4-acre land parcel located at Yelahanka in Bengaluru. "The proposed project will comprise of 270 apartments with an aggregate saleable area of 3.8 lakh square feet.

  • DLF to launch super-luxury project The Camellias 2 in Q3 FY25, each apartment to cost over Rs 50 crore Moneycontrol.com

    Riding high on the success of its super-luxury project The Camellias, listed real estate developer DLF Limited is planning to launch The Camellias 2 on Golf Course Road in DLF Phase-5 in Gurugram, having a sales potential of Rs 25,000 crore, Aakash Ohri, Joint MD and Chief Business Officer of DLF Home Developers Ltd, told Moneycontrol. Ohri said The Camellias 2, which the company is also addressing as Lux 5, will be super-luxury residences and will be a ‘by invitation property’.

  • Financial barriers in senior living that need addressing for quality homes Housing.com

    According to the United Nations Population Fund, India will be home to 17% of the total world’s senior citizens (60+ population around 2 Bn) by 2050, making it at the forefront of this global demographic transition. Another report by the Association of Senior Living India underscores the vulnerability of senior citizens to health challenges. These include chronic diseases, infections and cognitive decline, necessitating a nuanced approach not just to healthcare provision but also in amalgamating them in elderly-centric residential projects.

  • India’s Office Leasing Market: Demand Could Exceed 70 Million Square Feet in 2024 india-briefing.com

    India has set a new record for the office real estate market in 2024, reflecting heightened activity and confidence among occupiers and investors. According to several reports, large office space deals across key cities, particularly by multinational corporations, were a significant driver of this robust leasing activity. India’s Silicon Valley, Bengaluru, has emerged as the leading market, contributing substantially to pan-India fresh demand with numerous large deals closing in the city.