2022-10-25
Bengaluru-based realty firm Puravankara Ltd's sales bookings have risen 43 per cent to a record Rs 1,306 crore during April-September period of this fiscal year on better housing demand. Its sales bookings stood at Rs 910 crore in the year-ago period. Company's sales bookings in volume terms rose 32 per cent to 1.76 million square feet during the first six months of this fiscal, from 1.33 million square feet in the year-ago period.
2022-10-25
Andhra Pradesh has decided to provide energy efficient housing facilities, including the adoption of ‘Indo-Swiss building technology’, in the nearly 30 lakh housing units on 71,811 acres being constructed across AP. The state government is spending about Rs.3,525 crore on layout development and Rs 32,900 crore on infrastructure creation.
2022-10-25
China's September new home prices fell for the second straight month as mortgage boycotts, a heightened debt crisis and COVID-19 curbs weighed on homebuyers' sentiment. New home prices in September fell 0.2% month-on-month after a 0.3% drop in August, according to Reuters calculations based on National Bureau of Statistics (NBS) data.
2022-10-25
Moving ahead with its plan to attract digital nomads, the Info Tech Corporation of Goa (ITG) floated a tender to set up three co-working spaces at Ashvem, Morjim, and Benaulim, at a cost of Rs 11 crore. The three spaces are part of the six that the department of information technology (DoIT) intends to set up along Goa’s beaches.
2022-10-25
The City and Industrial Development Corporation (CIDCO) launched 7,849 affordable flats under its mass housing scheme in Navi Mumbai. Affordable apartments have been made available to citizens from the economically weaker section (EWS) at Bamandongari, Kharkopar (east) 2A, Kharkopar (east) 2B and Kharkopar (east) P3 in Ulwe node of Navi Mumbai.
2022-10-25
State plans to engage a reputable real estate firm to develop the knowledge-based theme township Samridhhi on 51.7 acres in Kalyani on a lease for 99 years. State officials said the plan is to select a developer through e-auction by KMDA in December. KMDA has floated an expression of interest inviting applications to participate in the auction.
2022-10-25
Asian Paints has leased the space for a total tenure of nine years including a lock-in period of five years. The paints major is expected to pay more than ₹166.32 crore as rentals over the total tenure of the lease excluding any rental escalations and maintenance charges.
2022-10-24
Dubai’s prime real-estate prices jumped 89% over the past 12 months, buoyed by a deluge of wealthy buyers setting up second homes in the city. Demand for Dubai property is booming as the government’s handling of the pandemic and its liberal visa policies attract more foreign buyers.
2022-10-24
The Greater Chennai Corporation has appealed to residents to pay their property taxes before November 15 to avoid penalties. Corporation commissioner Gagandeep Singh Bedi said if residents paid the taxes within the first 15 days, they would get an incentive of 5% of the property tax.
2022-10-24
DLF has registered a growth of 26.20 per cent in its net consolidated profit during the quarter ended September 30, 2022. Its profit after tax (PAT) stood at Rs 477.20 crore in Q2 FY23 as against Rs 378.12 crore it recorded in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
