Month: July 2024

v  Lodha Group Leads Among Top Developers with Highest Registered Home Sales Value, Birla Estates Climbs to Third Spot  Mumbai, Maharashtra, July 15, 2024 – The Mumbai Metropolitan Region (MMR) has recorded an unprecedented surge in average registered home sales value in the second quarter of 2024, according to the latest report by Square Yards. The average registered home sales value basis the IGR data, analysed by Square Yards, reached a record-high of Rs. 94 lakh, reflecting a 10% YoY growth, despite a decrease in the total number of registered transactions in the region. In the June 2024 quarter, a total of 50,025 residential real estate transactions were registered across Mumbai MMR, amounting to a registered sales value of Rs. 46,833 crore. Although there was a 6% drop in the o...

3-day event celebrating Innovation and Global Collaboration - Event to be held from 19-21 November 2024 - Chief Minister Hosts Interactive Breakfast Meet with 200+ CEOs and Leaders from prominent Tech Sectors Bengaluru, 12th July 2024 :  Priyank Kharge,   Minister for Information Technology & Biotechnology and RDPR, Government of Karnataka, announced the 27th edition of Asia’s largest Technology Show, Bengaluru Tech Summit (BTS) 2024, at a Press Conference held in Bengaluru. Scheduled from November 19-21 2024 at the iconic Bangalore Palace, BTS 2024 will once again position Bengaluru at the forefront of global tech innovation & collaboration. Ahead of this press conference, a Breakfast Meet was held where  Siddaramaiah,  Chief Minister of Karnataka, engaged in an interactive...

Bengaluru, 10 July 2024: CII Karnataka organized the 1st edition of the CII Karnataka Real Estate Conclave 2024 “Karnataka Horizon: Navigating Real Estate Excellence in the South” today at Bengaluru.  The conclave took up key themes of sustainable urban development, the pivotal role of connectivity in urban growth, unlocking Karnataka's real estate potential through future mobility, the impact of ESG considerations on real estate development, and innovative investments in Karnataka's real estate through smart living and integrated townships, as the State continues to remain a beacon and hub for industrial activity. "Completing Phase 2 of Bengaluru's Yellow Line metro network, by end of this year marks a pivotal step toward enhancing urban mobility. We are anticipating a significant increa...

Development potential of 1.2 mn sq ft residential property valued at INR 1,100 crore  Bengaluru 06 July 2024: Knight Frank India, a leading international real estate consultancy, has successfully facilitated a Joint Development Agreement (JDA) for a land parcel of approximately 8 acres located in the West Bengaluru micro-market. Knight Frank represented Brigade Enterprise Limited (BEL), which is considering this land for residential development project of up to 1.2 million square feet. The land is strategically located, benefiting from both transit and social infrastructure, with projected sales of INR 1,100 crore. Commenting on this, Ms. Pavithra Shankar, Managing Director of Brigade Enterprise Limited, said, “This project will be significant for the West Bengaluru micro market, and...