Real Estate Maharashtra
India's Real Estate Crisis: Home Sales Plunge 19%, Projects Halted, and Jobs at Risk
The Indian real estate market is facing a significant downturn, with home sales declining by 19% as buyers vanish, leading to halted projects and job losses. Lenders like SBI, Bank of Maharashtra, and Bank of India are responding by reducing their lending rates to stimulate the market.
Real Estate Pune
India's Real Estate Crisis: Home Sales Plunge 19%, Projects Stalled, and Jobs at Risk
India's real estate market is facing a significant downturn, with home sales plummeting by 19% as buyers pull back from property purchases. Cities like Ahmedabad, Hyderabad, and Pune are among the worst hit. The housing slump has affected almost every major city, with Mumbai also feeling the impact.
Real Estate Mumbai
MMRDA Receives Bids from Japan’s Sumitomo and Schloss Consortium for Three Prime Plots in Mumbai
The Metropolitan Region Development Authority (MMRDA) has successfully received bids from Japan's Sumitomo and the Schloss Consortium for three prime plots in Mumbai, expected to generate over ₹3,839 crore. This marks a significant milestone in the city's real estate landscape.
Real Estate
BRS Warns Real Estate Firms Against Kancha Gachibowli Land Auction Participation
Telangana Minister K.T. Rama Rao (KTR) has issued a stark warning to real estate companies, cautioning them against investing in the Kancha Gachibowli land auction, citing potential financial losses.
Real Estate Pune
Pune-Based Analysis Firm Falls Victim to Rs 2.34 Crore Whale Phishing Scam
A prominent analysis firm in Pune recently suffered a significant financial loss of Rs 2.34 crore due to a sophisticated whale phishing attack. The incident highlights the rising threat of targeted cyberattacks on businesses and the importance of robust c
Real Estate
Omaxe's Share Price Plummets to New 52-Week Low Amid Rising Losses
NEW DELHI: The share price of real estate company Omaxe has hit a new 52-week low of Rs 71.81 per share, amidst growing financial losses and declining market confidence.