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NEW DELHI: The Enforcement Directorate (ED) on Friday conducted searches at 10 premises connected to Ozone Urbana Group and its key management personnel at Bengaluru and Mumbai, officials said. The searches are still underway. ED’s Bangaluru zonal office is conducting the search under Section 17 of the Prevention of Money Laundering Act (PMLA). The searches…
NEW DELHI: In a major crackdown on real estate fraud in the National Capital Region (NCR), the Central Bureau of Investigation (CBI) has registered 22 FIRs against several builders and unidentified officials of various financial institutions for allegedly cheating thousands of homebuyers. The move comes in compliance with directions from the Supreme Court. The CBI…
The Maharashtra government authorities have postponed the lottery to rehabilitate 62 project affected persons (PAP) to make way for Rs 300 crore Annabhau Sathe memorial in Ghatkopar (W). The decision was taken after residents urged the state’s Slum Rehabilitation Authority (SRA) to provide clarity on the process. According to reports, over 220 affected families are…
NEW DELHI: The Information Technology-enabled Services (ITeS) and IT sectors in India continue to dominate the commercial real estate (CRE) leasing segment, accounting for 50 per cent of absorption during April-June (Q2 2025), up from 36 percent in the previous quarter, a report said on Friday. Flex spaces trailed behind, accounting for 14 per cent…
NEW DELHI: The April-June period recorded around 2.24 million square feet (MSF) of leasing across malls and high streets in India’s top eight cities, including Delhi-NCR, Hyderabad, Mumbai, Chennai and Bengaluru, a report showed on Thursday. The figure is in line with the average quarterly volume observed over the past four quarters, though it represents…
Last Updated:July 17, 2025, 23:07 is Between April 2024 and March 2025, foreign buyers invested a total of $56 billion in US residential properties. Leading the list of international buyers are those from China, Canada, and Mexico The housing market in the United States is experiencing a noticeable surge in international buyers, particularly from China….
Last Updated:July 11, 2025, 17:06 is Nearly 7,000 luxury units were sold across the top seven cities — Delhi-NCR, Mumbai, Pune, Bengaluru, Kolkata, Hyderabad, and Chennai — during the first half of 2025. Delhi-NCR led the segment with about 4,000 units sold, accounting for nearly 57% of all luxury housing sales and recording a threefold…
Mumbai: Private equity (PE) investment in India’s office real estate sector in the first half this year reflected measured optimism, driven by asset quality, prime locations and long-term tenancy visibility, according to a report on Thursday. PE investments into Indian real estate sector stood at $1.7 billion, spread across 12 deals in the April-June period….
New Delhi: Major real estate players in the sector are expected to maintain growth momentum through new launches. A report by Motilal Oswal projects that new launches will grow at a 12% compound annual growth rate (CAGR) over the Financial Years (FY) 2025–27. The report noted that several FY25 launches will spill over into FY26…
New Delhi: While most mutual fund investors are content with 12% CAGR over 10 years, some real estate investors subtly surpass 18–22% IRR by compounding hard assets, argues personal finance expert. “This is how India’s new-age rich play the long game.” These are the views expressed by Sujith SS, founder of the personal finance platform…