Category: Other Cities

Mumbai Property Registrations Surge by 22% in October 2024 boosted by High-Value Transactions in festive season

November 8, 2024

Mumbai’s property market witnessed a robust surge in registrations in October 2024, with a 22% year-on-year increase to 12,960 units, driven by heightened demand during the festive season, as reported by Knight Frank India. The data highlights the impact of the Dussehra and Diwali celebrations on the city’s real estate activity, particularly in the municipal […]

Mumbai Property Registrations Surge by 22% in October 2024 boosted by High-Value Transactions in festive seasonmore

Wonderla records second highest ever Q2 revenue since inception

Bengaluru – 5th November 2024: Wonderla Holidays Limited, India’s largest and premier amusement park chain, has announced its financial results for the second quarter and half year ended 30 September 2024. Quarter Highlights: Second highest ever Q2 Revenue since inception. Recorded footfalls of 4.51 lakhs. Bangalore Park recorded 1.96 lakhs footfalls, Kochi Park recorded 1.39 lakhs footfalls, Hyderabad […]

Wonderla records second highest ever Q2 revenue since inceptionmore

Supreme Universal launches the second phase of Supreme Villagio in Somatane, Pune

The overall projected revenue of the project are INR ₹500 Crore  Introducing an inventory of 70 new villas in the second phase Mumbai, 06 November 2024 – Supreme Universal, a prominent name in Mumbai and Pune’s real estate landscape, is proud to announce the launch of the second phase of its luxury villa township, Supreme Villagio, […]

Supreme Universal launches the second phase of Supreme Villagio in Somatane, Punemore

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Sold

Mumbai, 6th November 2024: With the real estate industry projected to grow from USD 518.5 billion in 2024 to USD 856 billion by 2029, at a CAGR of 8.71% over the forecast period, Vida Realty is experiencing a strong growth trajectory in line with this expanding market. We are proud to announce the success of Eva […]

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Soldmore

Rajkot Municipal Corporation Raises Rs 100 Crore Through Bond Issue to Boost Infrastructure & Community Services

November 6, 2024

November 2024: To boost infrastructure and community services, Rajkot Municipal Corporation raised Rs 100 crore via Municipal Bonds. The issue was oversubscribed by 4.95 times and the interest received was 7.90%. The tenure of the bond is five years. The Credit Rating of Rajkot Municipal Corporation is AA by Crisil. The bidding was done on […]

Rajkot Municipal Corporation Raises Rs 100 Crore Through Bond Issue to Boost Infrastructure & Community Servicesmore

Infomerics Ratings – Real Estate Industry Outlook Report

November 5, 2024

Infomerics Ratings has come out with an outlook report on “Indian Real Estate and Sustainability” by Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings. The report provides an insightful view of the Indian Perspective, Project completion, Retail Sector, Sales, The Micro Markets, Investments, Institutional Initiatives, Industry Risks, and Way Forward. Key highlights of the report are given below: India’s real estate sector remains optimistic, driven by stable residential demand […]

Infomerics Ratings – Real Estate Industry Outlook Reportmore

HostBooks Limited Launches Real Estate ERP Software to Revolutionize Property Management and Drive Business Growth

[November] — HostBooks Limited, a leading provider of business automation solutions, proudly announces the launch of its cutting-edge Real Estate ERP Software. Designed to address the complex challenges of the real estate industry, this innovative solution offers a comprehensive suite of tools to streamline operations, enhance customer experiences, and boost overall business performance. The real estate industry […]

HostBooks Limited Launches Real Estate ERP Software to Revolutionize Property Management and Drive Business Growthmore

NBR Group Redefines Luxury Living with New Brand Identity, Tagline, and Logo

The new identity underscores NBR Group’s commitment to innovation and leadership in sustainable, modern living homes  Bengaluru, November 04, 2024: NBR Group, a renowned name in Bengaluru’s real estate landscape for over 25 years, has unveiled a new logo and brand tagline “Elevate to Extraordinary”, as it moves from mid-segment homes to luxury hi-rise gated community living. This transformation underscores the […]

NBR Group Redefines Luxury Living with New Brand Identity, Tagline, and Logomore
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ED Attaches Properties Worth Rs 23.13 Crore in Punjab Under PMLA in Hacienda Projects Fraud Case

October 29, 2024

The Directorate of Enforcement (ED), Lucknow Zonal Office, has provisionally attached five immovable properties valued at Rs 23.13 crore, consisting of agricultural land and industrial plots located in Hoshiarpur, Fatehgarh Sahib, and Mohali, Punjab. These properties are held in the names of Moonlight Propbuild Pvt Ltd and Elco Global Ventures LLP and have been attached […]

ED Attaches Properties Worth Rs 23.13 Crore in Punjab Under PMLA in Hacienda Projects Fraud Casemore
Home loan

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Crore

October 21, 2024

Capital India Finance Ltd (CIFL), a small-cap NBFC focusing on MSMEs, has sold its housing finance subsidiary, Capital India Home Loans Limited (CIHL), to Weaver Services Private Limited for Rs 267 crore, as stated in a company filing to the stock exchanges. Weaver Services is supported by a team of former HDFC employees. To fund […]

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Croremore