30.76 Lakh Houses Sanctioned So Far Under PMAY (U)

New Delhi: A total of 3.076 million houses have been sanctioned under the Pradhan Mantri Awas Yojana (PMAY) (U) since its launch, according to Mr Hardeep Singh Puri, Minister of St...

Ascendas buys 6 warehouses for ~534 cr

Mumbai: Ascendas-Singbridge Group, a property development company based in Singapore, has purchased six warehouses from Arshiya Limited for a consideration of Rs 534 crore (US$ 83 ...

Regulatory changes will attract global investors to India: Christian Ulbrich, CEO, JLL INC

New Delhi: Developers from China and Japan will invest US$ 3-4 billion in India’s real estate sector over the next three years owing to positive regulatory reforms taken by t...

Piramal Realty to invest Rs1,800 crore in new suburban Mumbai project

Bengaluru: Piramal Realty, The real estate division of Piramal Group, plans to invest Rs 1800 crore (US$ 270.14 million) in an eight acre project named Piramal Revanta in Mulund, M...

Honeywell India looks to tap mid-market segment

Pune: Honeywell India plans to create more products to attract customers in the urban and midmarket segment, in a move to expand its customer base in the country.

Qatar Holdings commits US$ 250 mn in Arthveda's affordable housing fund

Bengaluru: Qatar Holdings LLC, a subsidiary of Qatar Investment Authority, has committed to invest US$ 250 million in the affordable housing fund of Arthveda Fund Management Pvt Lt...

India's office market register a rise of 9% on a y-o-y basis

Bangalore: The commercial real estate market in India grew by 9 per cent year-on-year to an annual absorption of 43 million square feet (sq ft) in 2016, according to CBRE India Off...

WeWork plans to open 10 centres by year-end

Mumbai: WeWork, a US-based co-working space provider, plans to lease around 1 million square feet (sq ft) of office space for setting up 10 centres across Mumbai, Bengaluru and the...