- 11/07/2024
- by GAGA
- GAGA Realty
Prestige Group acquires 17.45 acres of land in Whitefield, Bengaluru for Rs 462 crore
Prestige Group, a real estate development company, has acquired approximately 17.45 acres of land in Whitefield, Bengaluru, for Rs 462 crore. The newly acquired land has the potential to develop over 2.68 million square feet for a residential project, according to the company.“We are excited to expand our presence in Bengaluru with the acquisition of…
READ MORE- 21/11/2024
- by GAGA
- GAGA Realty
Runwal Realty acquires Kansai Nerolac’s 4-acre land parcel in Mumbai’s Worli
Realty developer Runwal Realty has acquired listed paint and coating manufacturing company Kansai Nerolac Paints’ 4-acre land parcel in Mumbai’s plush Worli locality for around Rs 800 crore including stamp duty and other charges.Runwal Realty is planning to develop a luxury residential project on the plot that has development potential of 1 million sq ft…
READ MORE- 10/02/2024
- by GAGA
- GAGA Realty
Demand for 3BHK units account for over 50 pc in major cities: Magicbricks report
The demand for 3BHK units has emerged as the dominant choice among homebuyers, accounting for over 50 per cent of the total demand in most major cities across India, according to the latest PropIndex Report by Magicbricks.As residential demand surged by 12.3 per cent quarter-on-quarter between July and September 2024, 3BHK units remained the most…
READ MORE- 21/11/2024
- by GAGA
- GAGA Realty
NAREDCO seeks govt action on aviation constraints impacting urban real estate
Realty developers’ body the National Real Estate Development Council (NAREDCO) has urged the government to resolve regulatory challenges that hinder real estate development in major cities like Mumbai, Chennai, and Kolkata.In bid to help resolve the issue, the developers’ body has made certain recommendations that were discussed during a recent meeting with a Joint Working…
READ MORE- 09/11/2024
- by GAGA
- GAGA Realty
In 2024, Mumbai & Delhi are least affordable for residential investment
MUMBAI: Chennai, Ahmedabad, and Kolkata have emerged as the most affordable cities among the country’s top 10 property markets for residential investments in 2024, based on the ratio of property prices to annual household incomes (P/I ratio), a Magicbricks report showed.Mumbai Metropolitan Region (MMR) and Delhi are the least affordable. The Indian real estate market…
READ MORE- 21/11/2024
- by GAGA
- GAGA Realty
Affordable housing suffering; luxury continues to show bumper sales: Gulam Zia
“In sync with market requirements, market realities, the buyers are okay to pay that kind of price rise and in such times that price rise does not go haywire, stay closer to double digits, etc, we are in safe zone,” says Gulam Zia, Knight Frank India. Is that a trend that you are observing as…
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