News

Real Estate Pune

CARE Ratings Upgrades LT Rating of Elpro International to 'A-' with 'Stable' Outlook

CARE Ratings has upgraded the long-term rating of Elpro International to 'A-' with a 'stable' outlook. However, the rating is constrained by the risk of non-renewal of lease agreements and the inherent risks associated with the cyclical real estate industry. This move reflects Elpro International's strong financial performance and strategic positioning in the Pune real estate market.

Real Estate

Unlocking the Potential of Real Estate CMA Software: Market Trends and Insights

The real estate CMA software market is expected to grow at a CAGR of 10% over the next 5 years, driven by the increasing adoption of technology in the real estate industry. Key features of real estate CMA software include property data analysis, market tr

Real Estate Maharashtra

Arkade Developers IPO 2024: A Promising Opportunity in the Indian Real Estate Market

Arkade Developers Limited, a prominent real estate development company in India, is coming up with an IPO size of Rs. 410 crore. The company has a strong track record of project completion and a strategic focus on the Mumbai Metropolitan Region (MMR).

Real Estate Mumbai

Celebrating Excellence in Real Estate: CNBC-AWAAZ and RR Kabel Host 14th Edition of Real Estate Awards

CNBC-AWAAZ and RR Kabel hosted the 14th edition of the Real Estate Awards, honoring outstanding projects and leaders in the industry. Piyush Goyal, Union Minister of Commerce & Industry, was the chief guest and praised the sector's resilience and innovati

Real Estate Maharashtra

Maharashtra Simplifies Property Registration: A Game-Changer for Homebuyers

Harsh Parikh, Partner, Khaitan & Co explains how Maharashtra's consolidation of property registration offices will benefit the real estate industry.

Real Estate

Macrotech Developers Expands its Reach with Acquisitions of Opexefi Services and One Box Warehouse

Macrotech Developers has acquired Opexefi Services and One Box Warehouse for a combined value of Rs 95.76 crore, strengthening its presence in the real estate industry and beyond.

Real Estate Maharashtra

Maharashtra Government to Consider Stamp Duty Concession on Property Registration

The Maharashtra government will consider the real estate industry's demand to provide concession in stamp duty for registration of properties.

Real Estate

AAP's Raghav Chadha Slams Modi Govt Over Taxation Issues and Indexation

AAP's Raghav Chadha critiques Modi government's tax system, highlighting issues with indexation in the real estate industry.

Real Estate

Government to Restore Indexation Benefit for Property, Bringing Relief to Homeowners

The government is set to introduce flexibility in computing capital gains tax on immovable property, offering relief to taxpayers and the real estate industry.

Real Estate Maharashtra

Maharashtra Real Estate Agents Exam Sees 87% Pass Rate: A Boost for Transparency and Trust

MahaRERA releases results for 5th Real Estate Agents exam, with 87% pass rate and over 4,000 candidates qualifying

Real Estate Mumbai

Thane's GB Road Expansion: A Solution to Traffic Congestion Woes

The Mumbai Metropolitan Region Development Authority (MMRDA) has undertaken a critical project to expand GB Road in Thane, aiming to alleviate traffic congestion and boost the real estate industry.

Real Estate Mumbai

Kamala Mills Owner Denied Bail in Cheating Case

Ravi Bhandari, owner of Kamala Mills, has been denied bail by a Mumbai court in a cheating case. The court rejected Bhandari's bail plea, citing the severity of the charges against him.

Real Estate Mumbai

Budget 2024-25: What the Real Estate Industry Gained

The budget's focus on Transit-Oriented Development (TOD) for 14 large cities, including Mumbai, is a game-changer. TOD plans will not only improve connectivity and reduce congestion but also enhance the livability and attractiveness of urban areas.

Real Estate Mumbai

Valor Estate and Macrotech Developers Join Forces for Luxury Mumbai Residential Project

Valor Estate's partnership with Macrotech Developers marks a significant milestone in their strategic growth plan, unlocking a prime 5.4-acre land parcel in Mumbai.

Real Estate Maharashtra

Crackdown on Illegal Sand Mining: Two Officials Suspended in Maharashtra's Beed District

Maharashtra's Beed district has taken a strong stance against illegal sand mining, suspending two revenue department officials for dereliction of duty.

real estate news

Concorde Expands Footprint in Bengaluru with Rs 2 Bn Land Acquisition for Housing Project

Concorde acquires prime land in Bengaluru for a Rs 2 billion housing project, aligning with its vision to cater to the growing demand in the city's real estate market.

real estate news

Revolutionizing Commercial Real Estate: The Rise of CRM Systems

The global Commercial Real Estate CRM System Market is growing rapidly due to increasing interest from individuals and organizations, driving expansion during the forecast period of 2024-2031.

Real Estate Mumbai

Maharashtra's Marathi Manoos Reservation: A Boost or Bust for Real Estate?

The Maha Vikas Aghadi's proposed 50% housing quota for Marathi Manoos has sparked debate in the real estate industry.

Real Estate Pune

Affordable Housing Sales Drop 4% in Top 8 Cities: A Shift Towards Luxury

Affordable housing sales declined 4% in top 8 cities, including Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Pune, and Ahmedabad, due to lower supply and higher demand for luxury apartments.

Real Estate Maharashtra

NCLT Orders Insolvency Proceedings Against Supertech Realtors' Supernova Project

Supertech Realtors, the developer of the prestigious Supernova project, has been ordered to undergo insolvency proceedings by the National Company Law Tribunal (NCLT) due to a default of Rs 168.04 crore.