Signature Global gets 318.5 crore from anchor investors ahead of its IPO!

Signature Global got a huge sum of money from anchor investors – almost 730 crore! The IPO committee finalized the allotment of 82.72 million shares to 19 investors on Monday (18 September 2023) at an all-in price of 385 rupees per share. The funds were allocated to 3 domestic mutual funds through 5 different schemes, […]

Exploring the 35% Spike in NRI Interest in Indian Real Estate!

It looks like non-resident Indians (NRIs) are having a bit of a Swades moment! No, they’re not going back to their home country, but they’ve been buying property in India with enthusiasm. According to Business Insider, NoBroker’s co-founder and chief business officer Saurabh Garg has seen a 35% year-on-year increase in NRI investments in residential […]

52% of NRIs consider Indian Commercial Real Estate to be the Fastest-Growing Asset Class!

According to a study conducted by the SBNRI, about 52 percent of Non-Resident Indians are considering investing in CRE as a way to diversify their portfolios in the real estate segment, with CRE being one of the top asset classes preferred by NRIs over other asset classes such as residential. According to the SBNRI, the […]

WiseX & Integrow Asset Management Launch India’s 1st Real Estate PMS!

India’s premier Neo-Realty investment platform, WiseX, in partnership with Integrow Asset Management, has launched India’s first sector-specific Real Estate portfolio management service (PMS). Integrow Asset Management will manage the portfolio powered by WiseX’s proprietary technology. WiseX’s CREAM fund aims to provide investors with alpha and risk-adjusted returns by investing in real estate in a Multi-cap […]

Positive Trends in Commercial Real Estate: Insights from Latest Study!

A recent study by PropEquity has found that India witnessed a 6% surge in commercial real estate supply in 2023. This is a positive sign for the Indian economy, as it indicates that businesses are expanding and investing in new office spaces.

Property Frenzy in Pune: 13,021 Units Registered in August, Says Knight Frank!

Property registrations in Pune district soared to 13,021 units in August 2023, up 99% year-on-year, according to a report by Knight Frank India. This is the highest number of property registrations in Pune district in a single month in the past 17 months.

Ajmera Realty’s Redevelopment Saga: Transforming Borivali’s Housing Landscape!

Ajmera Realty, a Mumbai-based real estate developer, has announced plans to redevelop four residential societies in Borivali West. The project is estimated to cost Rs 330 crore and will generate 1.07 lakh square feet of carpet area.

RERA’s Road to Success: 86% of Housing Projects Achieve Completion Milestone!

The Real Estate (Regulation and Development) Act, 2016 (RERA) has been instrumental in ensuring the timely completion of housing projects in India. According to a recent report by Anarock, 86% of housing projects launched between July 2017 and December 2018 in the top seven cities of India have been completed. This is a significant achievement, […]

Maharashtra’s Housing Landscape: What’s in Store for November 2023?

The Maharashtra government is planning to introduce a new housing policy by November 2023. The policy is expected to focus on providing affordable and sustainable housing to the people of the state.

Mumbai’s Luxury Real Estate Sector Soars: A 50% Surge in High-End Home Sales in CY23!

The luxury real estate market in Mumbai is experiencing a remarkable resurgence, with a staggering 50% surge in high-end home sales recorded in the current year, 2023. This substantial uptick in luxury property transactions not only signifies renewed confidence in the market but also underscores the city’s enduring appeal as a hotspot for opulent real […]

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