Following the acquisition, Macrotech’s stakes in the entities — Bellissimo Digital Infrastructure Development Management, Palava Induslogic 4, and Bellissimo In City FC Mumbai 1 — will increase to 70%, 66.67%, and 66.67%, respectively.

The data shows that launches have been decelerating over the past four quarters while sales have been falling over the last three quarters

“Located in the rapidly growing West Chennai corridor, this RERA-approved development offers a total saleable area of 1.1 million sq ft (msf) and has a revenue potential of around ₹550 crore to ₹600 crores”

Property Share Investment Trust introduces PropShare Platina, a real estate investment scheme with high returns in Bengaluru

The shraadh period this year started on September 18 and ends this week on October 3

The Mumbai-based real estate developer said it was the best quarterly sales ever and it came during a period taken up by the inauspicious ‘shraadh’ period when people avoid making large ticket purchases

Godrej Properties witnessed an 89% increase in bookings year-on-year in the first half of FY25, amounting to ₹13,800 crore, surpassing its full-year booking guidance’s halfway mark and its previous annual bookings in FY23

Godrej Properties’ business development additions of ₹12,650 crore in April-September ensure a strong launch pipeline for years to come, says company’s MD & CEO Gaurav Pandey

Affordable housing transactions could be impacted due to clause

The Airport city is expected to host a network of business parks comprising 52 per cent of its overall development

The developer plans to build a premium residential project with an estimated revenue potential of ₹3,500 crore

The units in the property, which once used to be a famous hotel, will be one of the costliest in the city

During the quarter, Godrej Properties sold houses worth ₹5,198 crore, up 3 per cent on year while collections rose 68 per cent to ₹4,005 crore

Recent data from the RBI on gross bank credit by major sectors shows that the year-on-year growth in housing loans was 13.1 per cent in August 2024, a steep drop from 40.5 per cent in August 2023.

New projects come in the wake of Macrotech Developers reporting a 21 per cent increase in sales bookings to a record ₹4,290 crore during the July-September period earlier this month

A major reason for the spike in prices is also due to higher construction costs

‘The Dahlias’ – realty major DLF’s upcoming super-luxury residential project in Gurgaon with units priced upwards of ₹80 crore – is witnessing active buyer interest from some of these Tier-II city-based business families

IHCL plans to expand the Tree of Life portfolio from its current 19 properties (plus 2 under development) to 100 properties by 2030

West Chennai is one of the fastest growing parts of the city

For the best in crafts and handloom at the ongoing Orissa Crafts Fair at VJT Hall

Cedric Misquitch works nearly nine hours to handcraft a single leather wallet

Project Cinema City is a grand exercise exploring the relationship between Hindi cinema and Mumbai

Dharti Jute Emporium rides on the twin causes of women empowerment and spreading eco-awareness

A group of artisans from West Bengal have been making Ganesh idols for the past 10 months at Indira Park for the SAVE group. Here’s a look at the art of making clay idols

Watch A Short Film Festival on September 5

Bazaars, exhibitions, seminars, discussions… Kaivalam, a world craft summit, comes to the city bringing along a mosaic of skills, techniques and ideas. Kausalya Santhanam has the details

The old meets the new as city offers options for festive buys

An expo is on at Museum Auditorium

London-based Anders Petterson, who was in city to launch the Chennai Art Club recently, shared his views on art investment in the global market

Friends and collaborators Bina Rao and Villoo Mirza are bound by their passion for handlooms

At Varnam, entrepreneur Karthik Vaidyanathan brings innovative creations by Karnataka’s Channapatna artisans to Chennai, from traditional toys to home decor pieces

Tribal and traditional artists explore novel ways of storytelling, experimenting with colour, techniques and contemporary themes, to connect with younger, mainstream audiences

‘Thinking Hands’, an exhibition of craft collectibles in Bengaluru, reinforces the growing interest in contemporary Indian tribal art among serious collectors

The Modi government should take this judgement in its stride, says Asad

Hyderabad Water Board website down for maintenance after redirection to unauthorised sites, no impact on regular services

Actor Varun Tej discusses his new Telugu film ‘Matka’, a fictional tale inspired by Ratan Khatri, set in Visakhapatnam of the 1960s and 70s