The rising trend of second-home ownership goes beyond reflecting increased wealth; it is actively driving the wealth effect. As more affluent buyers invest in second homes, property values in emerging markets surge, creating new avenues for capital appreciation and economic […]
The Wealth Effect: Understanding the Socioeconomic Factors Behind the Second Home Boom Read More »
The Indian luxury housing sector is observing the increasing prominence of luxury villas which are outshining the apartments. These properties are becoming a preferred choice among affluent buyers who look for privacy, spaciousness, and a lifestyle that goes beyond mere
Amid real estate boom, demand for luxury villas on the rise Read More »
Real estate developer Puravankara said it has pledged to plant 1 million trees by 2030 in and around Bengaluru as part of the World Economic Forum’s Trillion Tree Movement (1t.org). This initiative aims to increase green cover, restore biodiversity, sequester
Puravankara pledges to plant 1 million trees around Bengaluru Read More »
Real estate developer Smartworld said it has committed contracts worth Rs 1,400 crore for its various projects in just six months. The company awarded construction mandate to Varindera Constructions Limited for Rs 532 crore for its upcoming project Smartworld Sky
Smartworld awards Rs 532 cr a contract to Varindera Constructions Read More »
Indian Hotels Company (IHCL) said its portfolio has touched 360 hotels as on December 2024. IHCL sets a new growth benchmark with 85 signings and 40 openings in 2024, taking its portfolio to 360 hotels with an industry leading pipeline
IHCL sets new growth in 2024 with 85 signings and 40 hotel openings Read More »
Puravankara Limited has acquired a 3.63-acre land parcel in Kanakapura Road, Bengaluru with a saleable area of 5.42 lakh sq ft to develop project worth over Rs 700crore. Ashish Puravankara, Managing Director, Puravankara Limited said, ” This strategically located land
Realty firm Puravankara has appointed Deepak Rastogi as the Group Chief Financial Officer (CFO), with effect from January 15, 2025, the company said in a regulatory filing. Rastogi brings over three decades of extensive experience in finance, strategy, and transformation
Puravankara appoints Deepak Rastogi as Group CFO Read More »
Written by: Vedanshu Kedia, Director, Prescon Developers As we bid adieu to 2024, the real estate sector in Mumbai and beyond stands at the cusp of transformation. Over the past year, redevelopment has proven to be the cornerstone of urban
2024: Redevelopment & mix-use projects take centerstage Read More »
JSW Infrastructure said it aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30. “JSW Infrastructure (JSWIL) is set to reshape the nation’s ports and logistics sector with its bold growth strategy. The company aims
Prescon and Manasum Senior Living have launched IKIGAI Goa, a senior living project in Goa with an investment of Rs 100 crore and sales realisation of Rs 150 crore, the company said. “Located in the serene Kadamba Plateau, this expansive
