[Press Release] Mumbai ranks 4 th on Prime Global Cities Index in Q3 2023, showcasing impressive growth: Knight Frank

[Press Release] Mumbai ranks 4 th on Prime Global Cities Index in Q3 2023, showcasing impressive growth: Knight Frank

Mr. Rohan Khatau – Director, CCI Mr. Vivek Mohanani, Managing Director & CEO, Ekta World Knight Frank, a leading international property consultancy, in itsrecent report ‘Prime Global Cities Index Q3 2023’ noted that Mumbai, New Delhi and Bengaluru, allthe 3 Indian cities considered for the study recorded an increase in average annual prices of primeresidential or luxury homes in Q3 2023. Mumbai recorded the 4 […]

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[Press Release] Co-living operator Settl. to open 10 new centres in Chennai, with total 1,000 beds

[Press Release] Co-living operator Settl. to open 10 new centres in Chennai, with total 1,000 beds

Bengaluru, October 19, 2023—Co-living operator Settl, which is managing 3,500 beds across Bengaluru, Gurugram and Hyderabad, plans to enter the Chennai market where it will soon launch 300 beds catering to working professionals. Settl currently manages 1200 beds in Gurugram, 1,700 beds in Bengaluru, and 600 beds in Hyderabad. It offers accommodation between Rs. 11,000 to Rs. 24,000 per month per bed, depending on the […]

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[Press Release] Managed Co-Working Player Urban Vault to Add 10,000 Seats in Bengaluru within This Quarter

[Press Release] Managed Co-Working Player Urban Vault to Add 10,000 Seats in Bengaluru within This Quarter

Bengaluru, Oct 25, 2023— Urban Vault, one of the leading managed office space providers in India, on Monday announced the addition of 10,000 desks across major micro markets of Bengaluru as part of the company’s strategy to expand its portfolio to meet rising demand for flexible workspace. Founded in 2018, Urban Vault currently has 15,000 desks across 40 centres in Bengaluru. The total area under […]

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NAREDCO MAHARASHTRA SETS THE STAGE FOR INDIA’S LARGEST REAL ESTATE PROPERTY EXPO, ‘HOMETHON’

NAREDCO MAHARASHTRA SETS THE STAGE FOR INDIA’S LARGEST REAL ESTATE PROPERTY EXPO, ‘HOMETHON’

October 30, 2023, MUMBAI: The National Real Estate Development Council (NAREDCO) Maharashtra is all set to host the second edition of HOMETHON Property Expo 2023, India’s largest real estate property expo at the JIO World Convention Centre, BKC, Mumbai from November 24 to 26, 2023. The inaugural HOMETHON Expo held last year received phenomenal success and this year’s expo is seeing an even larger developer […]

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Commercial Real Estate Market in Mumbai: Andheri Takes Centre Stage

Commercial Real Estate Market in Mumbai: Andheri Takes Centre Stage

In the bustling heart of India’s financial capital, Mumbai, the real estate market is experiencing an unprecedented surge. Mumbai’s real estate sector has long been hailed as one of India’s most vibrant, driven by a complex interplay of factors that have fuelled its growth over the years. The city’s commercial real estate landscape is poised for yet another remarkable chapter, characterized by escalating demands and […]

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Prime Office rents in Delhi-NCR, Mumbai and Bengaluru remain stable in Q3 2023: Knight Frank APAC Prime Office Rental Index

Prime Office rents in Delhi-NCR, Mumbai and Bengaluru remain stable in Q3 2023: Knight Frank APAC Prime Office Rental Index

Mumbai, 29th October, 2023: Knight Frank, in its latest edition of the Asia-Pacific Prime Office Rental Index for Q3 2023 noted that Delhi-NCR is the 6th most expensive office space rental market across the APAC region. Hong Kong SAR continued to be APAC’s most expensive office market during the quarter. Demand for office space in India’s largest occupier markets remained strong with over 700,000 sqm […]

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Runwal Group launches Codename Woods, the newest Cluster in Runwal MyCity, Dombivli

Runwal Group launches Codename Woods, the newest Cluster in Runwal MyCity, Dombivli

Monday, 23rd October 2023:  Runwal Group, one of Mumbai’s most prestigious real estate developers has announced the grand launch of Codename Woods their newest cluster in Runwal MyCity, Dombivli. Launched two towers of the new clusters constitute 33 storeys and over 575 homes in total. The home configurations include Parsik Hills and Central Park facing 1, 2, & 3 BHK. Situated on a sprawling 156-acre […]

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Institutional Investment in Indian Real Estate: Q3 2023

Institutional Investment in Indian Real Estate: Q3 2023

Indian real estate sector recorded institutional investments worth USD 0.7 Bn in Q3 2023, dominated by domestic investors in residential sector. Vestian, a real estate consultant based in Bengaluru, has published its investment report ‘Institutional Investment in Indian Real Estate Q3 2023’. The report states that the Indian real estate sector received institutional investments worth USD 0.7 Bn in the third quarter of 2023, registering […]

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Square Yards Q2 Revenue jumps 60% to Rs 225 Cr; Last 12 Months Revenue crosses USD 100mn milestone

Square Yards Q2 Revenue jumps 60% to Rs 225 Cr; Last 12 Months Revenue crosses USD 100mn milestone

New Delhi, October 18, 2023: Square Yards, India’s largest integrated real estate platform today announced its Q2, FY24 results clocking Rs 225 Cr revenue, up 60% Y-o-Y. The Gross Transaction Value (GTV) stood at Rs 9169 Cr, up 77% Y-o-Y, while number of transactions grew 143% to 40,757. With this, 1H revenue for FY24 now stands at Rs 398 Cr (~USD50mn) and GAAP revenue crossed […]

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Indian cities significantly gain on global residential market: Knight Frank

Indian cities significantly gain on global residential market: Knight Frank

Mumbai, October 13, 2023: In its latest report Global Residential Cities Index Q2 2023, Knight Frank, a leading international property consultancy cited that residential price growth across the 107 world cities has slowed in Q2 2023, falling to 1.7% YoY from 11.7% YoY in Q2 2022. This is recorded to be lower than that experienced in the first wave of the pandemic, when growth reached […]

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