Browsing: Beyond Headlines

Beyond Headlines Puravankara Land Deal, Puravankara Land JV, Puravankara North Bengaluru, North Bengaluru Property, Ashish Puravankara, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property News, Best Property Portal, Real Estate Media, Real Estate Journalists, Property Journalists
Puravankara Group forms JV for 24.59-acre land parcel in North Bengaluru with potential GDV of over INR 3,300 crores

Puravankara Group has announced a joint venture to develop a 24.59-acre land parcel in North Bengaluru, on the back of Puravankara’s sustained success in the micro-market. This joint venture with KVN Property Holdings LLP marks another milestone in the group’s expansion in one of the city’s fastest-growing real estate corridors. The project’s estimated Gross Development Value (GDV) is in excess of INR 3,300 crores.

Beyond Headlines Boycott MagicBricks, MagicBricks, NAR India, National Association of Realtors, Brokers' Conflicts, Misleading Real Estate Campaigns, Property Brokers Real Estate Brokers, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property News, Real Estate Journalists, Property Journalists, Best Property Portal, Best Real Estate Website
NAR-India issues nationwide directive against MagicBricks over misleading, anti-broker campaigns

In an interesting turn of events, the National Association of Realtors – India (NAR-India) has formally issued a Directive of Non-Engagement and Non-Cooperation against MagicBricks Realty Services Ltd. This unprecedented action comes in the wake of recent videos released by MagicBricks that are being widely criticized across the real estate sector for disrespecting, misrepresenting, and marginalizing real estate brokers — despite the platform’s very foundation being built on broker-generated listings and revenue.

Beyond Headlines Senior Living Conclave, ASLI, Association of Senior Living in India, Senior Living in India, Senior Housing in India, Assisted Living in India, Life After Retirement, Ashiana Housing, Ashiana Amodh, Ankur Gupta, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists
Ashiana Amodh & Weikfield organise Senior Living Conclave 2024

Ashiana Amodh in Talegaon, Pune, is designed to make it even more exciting. Well, connected to both Mumbai and Pune via the Mumbai-Pune Expressway, Ashiana Amodh offers a peaceful retreat amidst the natural beauty of green hills and the Indrayani River. With clean air, pleasant weather, and scenic views, it is an ideal destination for retirees seeking an active lifestyle in nature. Spread across 11.93 acres, Ashiana Amodh features 1/2/3 BHK premium residences and a 19,000 sq. ft. clubhouse with modern amenities like a yoga lawn, swing plaza, acupressure pathway, swimming pool with jacuzzi, gym, card room, music room, art & craft and reading room, ensuring seniors lead a vibrant, fulfilling life. The Senior Living Conclave 2024 highlighted the growing potential of senior living, and Ashiana Housing’s ongoing efforts are shaping a brighter future for the senior community.

Beyond Headlines Puravankara Limited, Puravankara Sales Growth, Puravankara Fiscal Performance, Puravankara Stock Performance, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists
Pre-Sales at INR 2,459 crores in H1FY25, Puravankara collections Up by 27%

The Indian economy continues to grow at a healthy pace, with the World Bank raising its growth forecast for India’s economy to 7% for FY 25, up from an earlier projection of 6.6%. The India Development Update (IDU) observes that India remained the fastest-growing major economy and grew rapidly at 8.2% in FY23-24. Growth was boosted by public infrastructure investment and an upswing in investments in real estate.

Beyond Headlines K Raheja Corp Data Center, Mindspace REIT Data Center, Mindspace Business Park Airoli, Princeton Digital Group, India's Largest Data Center, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalist
Princeton Digital to set up Data Center Campus at Mindspace REITs Business Park

The REIT has already developed 2 data centers for PDG, measuring ~0.63 million sq. ft. Upon completion, the Business Park will feature 5 cutting edge data center buildings and the total data center footprint within the Mindspace REIT portfolio will stand at ~1.65 million sq. ft. This landmark development spanning ~15 acres, will become a part of the larger 50-acre campus ecosystem of Mindspace Airoli West.

Beyond Headlines Money, Indian Rupee, Puravankara Fiscal Performance, Puravankara Quarterly Performance, Ashish Puravankara, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalist
Puravankara reports revenue of INR 676 crore for Q1; 100% Y-o-Y growth

The Indian real estate sector is poised for robust growth in FY25, driven by the country’s strong economic performance and rising demand across residential, commercial, and industrial segments. The IMF has revised India’s GDP forecast to 7% from 6.8% for FY25. Increased urbanization, infrastructure development, and favourable government policies are boosting homebuyers confidence. The residential sector is witnessing a continued surge in demand. Overall inventory overhang has reduced from 3.7 years (2017) to 1.3 years (Q1 CY 2024). Puravankara is expected to experience sustained growth, in line with the sector, supported by a conducive economic environment and evolving consumer preferences.

Beyond Headlines Indian Rupee, Indian Currency, ASK Property Fund, Blackstone Property, Blackstone Real Estate, Ask Wealth and Asset Management, Bhavik Jain, ASK Property Fund, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalist
Blackstone-backed ASK Property Fund invests INR 190 crore in Kalpataru project

ASK Property Fund, the real estate private equity arm of Blackstone backed ASK Asset & Wealth Management Group, has announced the successful investment of INR 190 crore in a project being developed by Kalpataru. The project is an upper mid-segment project, located in Borivali West, comprising 310 units and is spread across 6 acres with a total saleable area of about 6.5 lakh square feet.

Beyond Headlines
Puravankara acquires 3.25 mn sq ft, collections growth of 39% Y-o-Y with pre-sales of INR 1,128 crore in Q1FY25

Puravankara acquires a 12.77-acre land parcel at Ghodbunder Road in Thane, MMR, with a total potential carpet area of 1.82 msft, a 7.26-acre land parcel at Electronics City (Hebbagodi) in Bengaluru with a potential carpet area of 0.60 msft along with the landowner share of 0.83 msft saleable area in three projects by Provident in Goa and Bengaluru.

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