Real estate company Prestige Group has launched a new high-rise residential project called Prestige Glenbrook in Whitefield, which is located in the IT hub of Bangalore. The project spans across 4.5 acres and comprises of 285 apartments across two towers with a developable area of 0.7 million sq ft. The project site is situated just five minutes away from the Nallurahalli metro station and is also in...
Man Infraconstruction Limited (MICL), a listed company, is anticipating a revenue of more than Rs 8,000 crore from the sale of three real estate projects in Mumbai. These projects include what is expected to be one of India's tallest buildings in South Mumbai, along with developments in Ghatkopar and Goregaon. The South Mumbai project in Tardeo is set to be a landmark, with a planned height of over...
New Delhi, November 07, 2023 - WeWork India's CEO, Karan Virwani, has assured that WeWork India's operations will not be impacted by the recent bankruptcy filing of WeWork Inc., a co-working space provider backed by SoftBank Group and dealing with billions of dollars in debt. Virwani emphasized that WeWork India operates independently from WeWork Inc.'s strategic reorganization process, stating, "It is...
Bengaluru: Non-resident Indians (NRIs) encounter significant challenges when managing their real estate assets in Bengaluru, prompting some to consider divesting. The lure of commercial real estate (CRE), characterized by substantial capital investments and attractive returns, has eclipsed residential investments for NRIs. The shift towards CRE can be attributed to the concept of fractional ownership,...
In the wake of the resounding success of its recent residential plot scheme, the Yamuna Expressway Industrial Development Authority (YEIDA) is gearing up to introduce a similar offering in early 2024, according to officials. The newly proposed scheme is expected to include over 2,000 residential plots of varying sizes, strategically situated in proximity to the upcoming Noida International...
House hunting can be an exciting yet overwhelming experience. Whether you're a first-time buyer or a seasoned investor, having a reliable and knowledgeable real estate agent by your side can make all the difference. A good real estate agent will not only help you find the perfect property but also guide you through the entire buying process. So, what should you look for in a real estate agent while you...
When it comes to buying or renting a property, understanding the various terminologies used in real estate is essential. One such confusion that often arises is the difference between carpet area, built-up area, and super builtup area. These terms refer to the measurement of a property and play a crucial role in determining its value and utility. In this blog post, we will explain the distinctions between...
Hiranandani sells 150 apartments in Empress Hills, Powai just within a week of the project launch, generated Rs 1,100 crore in sales.
RERA Act has brought a huge reform in the real estate market in India. Introduced in 2016, this act has simplified home buying for buyers.