SquareFeatIndia

2099 posts
Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
Suraj Estate Developers acquires a vacant land parcel at Senapati Bapat Marg, Mahim West

Suraj Estate Developers Acquires Land in Mahim West for Rs. 101 Crores

Suraj Estate Developers has acquired a vacant land parcel at Senapati Bapat Marg, Mahim West, for Rs. 101 crores. The development, which will feature 2.10 lakh square feet of RERA Carpet area, is set to become a major commercial project with an estimated GDV of Rs. 1,000 crores. The strategic location offers excellent connectivity, ensuring significant growth potential for the project.
RBI

RBI MPC Meeting Begins Repo Rate Likely to Remain Unchanged, with Real Estate Sector Watching Closely

The Reserve Bank of India’s MPC meeting begins today, with expectations that the repo rate will stay at 6.5%. The real estate sector is particularly focused on the decision, hoping for a rate cut that could lower home loan EMIs and boost demand, especially in the affordable housing market. Industry experts believe the RBI’s stability in monetary policy will continue to foster growth, contributing to India’s overall economic resilience.
REIT

Huge Upside Potential for REITs in India, INR 4.5 Lakh Cr Worth of Prime Office Stock Identified as REIT-Worthy

A new report from Vestian reveals that ₹4.5 lakh crore worth of Grade-A office space in India is REIT-worthy, offering substantial growth potential for the sector. Despite being in its early stages, India’s REIT market is growing rapidly, driven by high demand for office space, sustainability, and a favorable regulatory environment. The report also highlights key cities, including Bengaluru and Hyderabad, leading in REIT-worthy stock.
Century Real Estate

Century Real Estate Reports Strong Growth Amid Rising Demand for Luxury Properties in Bengaluru

Century Real Estate has achieved a remarkable 2X growth in sales, surpassing ₹1,040 crores in the first half of 2024. With a focus on luxury and aspirational properties, the company is poised to hit ₹2,000 crores in annual sales, driven by a strong demand for high-end homes in Bengaluru’s prime locations.
Affordable housing

Housing Prices Continue to Rise Across India’s Top Cities, Up 11% YoY in Q3 2024: CREDAI-Colliers-Liases Foras Report

Housing prices across India’s top eight cities saw an 11% year-on-year rise in Q3 2024, marking the 15th consecutive quarter of growth. Delhi NCR recorded the highest price increase at 32%, followed by Bengaluru with a 24% rise. Unsold inventory continued to decline, signaling a steady demand despite market stabilization.