As MahaRERA cracks whip, builders hurry to file progress studies

With the Maharashtra Actual Property Regulatory Authority cracking down on builders who fail to furnish their quarterly progress studies (QPRs) on time, compliance ranges have elevated remarkably within the state. Of the 480 initiatives registered in April, 222 filed quarterly progress studies inside the prescribed time. Within the occasion of non-compliance, MahaRERA places initiatives on … Read more

Moglix set to use UAE’s potential for e-procurement in B2B trade

Eager to make the most of the speedy shift in direction of digital transformation within the procurement processes of the B2B trade throughout numerous industrial segments, the Noida-based e-commerce platform Moglix is pinning its hopes on leveraging Dubai and the UAE’s hub standing as a worldwide provide chain, logistics and manufacturing hub for exponential progress. … Read more

Large Story: Fairness Market Outlook for 2024

Dwelling Portfolio Large Story Up to date – December 31, 2023 at 12:20 PM. Crew bl.portfolio speaks to consultants from totally different segments of the market to place collectively what fairness buyers can count on in 2024 Share Copy hyperlink E mail Fb Twitter Telegram LinkedIn WhatsApp Reddit READ LATER Sumit Jain, Deputy CIO, ASK … Read more

‘Luxurious residence demand pattern is broad-based’

The yr 2023 is ready to see document gross sales of luxurious houses, as patrons are digging deep into their pockets to purchase fully-loaded houses, the pattern being seen throughout all well-heeled revenue brackets. It’s not merely the a lot publicised tech CXOs, the unicorn billionaires or the rarefied breed of high greenback earners; the … Read more

PE influx in Indian actual property dips 44% YoY in 2023

Non-public fairness inflows into the Indian actual property sector fell 44 per cent in 2023 to $3 billion, as international buyers exercised warning, mentioned a report by property guide Knight Frank India. PE investments in actual property are on a downtrend since 2021, the bottom in eight years with close to document low offers. Solely … Read more

Residential gross sales in India anticipated to the touch 260k items by finish of 2023, highest since 2008: report 

India’s residential sector marked a notable upswing within the first 9 months of 2023, recording 1,96,227 unit gross sales— equal to 91 per cent of the overall gross sales in 2022 — hitting the very best since 2008 at roughly 260,000 items, in keeping with JLL’s report.    The expansion trajectory is poised to increase … Read more

India’s workplace sector anticipates 20–22% y-o-y progress in 2024: report

The workplace sector anticipates robust 20–22 per cent year-on-year (y-o-y) progress in 2024, in accordance with the JLL report. In 2023, internet absorption within the workplace market is anticipated to be on par with 2022, closing at 37–39 million sq ft. With leasing exercise anticipated to additional decide up tempo within the final quarter of … Read more

Distressed sales and 9-figure discounts: Hard-to-sell mega-mansions find a last resort at real estate auction

[ad_1] An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract a buyer — some owners turn to a double-edged option: a real estate auction. The auction block can move trophy properties with … Read more