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...

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...

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.

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...

Construction, real estate projects spike in December quarter, despite note ban

New Delhi: The construction and real estate sector outperformed other sectors in quarter ending December 2016, in spite of demonetisation effect, with Rs 8,986 crore (US$ 1.32 bill...

New York Life Insurance re-enter Max Group, picks up 22.5 per cent stake in Max Ventures for Rs 121 crore

New Delhi: New York Life Insurance Company, the largest life insurance company in the US, has invested Rs 121 crore (US$ 17.75 million) in Max Ventures and Industries Ltd for a 22....

Samsung India to lease 1lakh sqft space at Oberoi Realty’s Commerz building

Mumbai: Samsung India Electronics Ltd has signed a deal to lease 100,000 square feet (sqft) of space at Oberoi Realty Ltd’s commercial property Commerz II in Goregaon suburb ...