Private equity investments witnessed a 4% decline in the first half of FY25, primarily due to reduced investments in the offices sector. The total number of deals also declined from 24 (1H FY24) to 17 (1H FY25). Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “Private equity investments in offices are primarily driven by foreign investors, which have tapered down due to global factors such as geopolitical tensions and elevated interest rates. However, the aggregate numbers and the dominance of foreign investors in Indian real estate remained largely…
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Lohia Worldspace Transforms Homebuying with Advanced Virtual Reality
Lohia Worldspace, the newly entrant real estate player is leading a groundbreaking shift in real estate by incorporating advanced virtual reality (VR) technology into the homebuying process. This forward-thinking approach enables potential buyers to fully engage in virtual tours of their future homes, allowing them to personalize every aspect, from furnishings to paint choices, even before construction starts. With the VR technology offered by Lohia Worldspace, clients can don a VR headset and navigate through highly detailed, interactive 3D models of properties that are still under development. This immersive experience enables…
Read MoreListed Developers Trim Debt by 54% in Q1 FY25 against Peak Year FY19-end
Net debt of top 8 listed developers collectively at approx. INR 20,808 Cr as on Q1 FY 2025-end, against approx. INR 44,817 Cr at Q4 FY2019-end In last decade, debt of these listed players was at its peak at FY 2019-end Net debt declines supported by a significant jump in the collective booking values – INR 27,144 Cr in FY 2019, up 234% in FY2024-end to a whopping INR 90,573 Cr In Q1 FY2025 alone, the booking value of these 8 listed developers stands at INR 26,832 Cr With…
Read Moreace turtle Launches Toys“R”Us® store in Dehradun
Opens Fifth Toys“R”Us® store in India at Mall of Dehradun ace turtle, India's leading technology-native retail company today announced the launch of India’s fifth Toys“R”Us® store at Mall of Dehradun in Uttarakhand. This marks a significant step in ace turtle's strategic plan to expand Toys”R”Us presence in India, with a commitment to launching 12 stores in 2024. Toys“R”Us® currently has five operational stores in the country, which includes the retail store in Hyderabad, that marked the return of the brand to India last year, the flagship store in Mumbai and…
Read MoreINTERNATIONAL WORKPLACE GROUP INTRODUCES HQ IN UTTARAKHAND, AS DEMAND FOR HYBRID WORKING RISES
Dehradun’s first HQ centre comes up at DDPM, on the Haridwar Bypass Road DDPM is an impressive HQ workspace complete with co-working spaces, private offices, meeting rooms and creative spaces New HQ location is part of the drive to provide top class facilities in a wide variety of locations as hybrid working becomes a reality for more workers This opening follows a partnership agreement with the building owner, who has invested in the International Workplace Group platform to create a branded flexible workspace in their building The location comes on…
Read MoreFOMO vs. FOBO – In A House Hunt, One Helps and the Other Hurts
– by Akash Pharande, Managing Director – Pharande Spaces India's real estate market provides many opportunities for home buyers. However, it is not easy to navigate, especially for first-time buyers. With so many options and also varying offers from developers, it is often difficult to decide which property purchase ticks all the right boxes for an individual buyer who has never purchased a property before. Within this complexity, the psychological phenomena of FOMO – the Fear of Missing Out and FOBO – the Fear of Better Options – play big…
Read MoreQ3 2024 Housing Sales Dip 11% Y-o-Y in Top 7 Cities, Remain Higher Than New Launches
1.07+ lakh units sold across the top 7 cities in Q3 2024, against 1.20+ lakh units back in Q3 2023 MMR saw highest sales of approx. 36,190 units, followed by Pune with approx. 19,050 units; together, these cities accounted for 52% of total sales in Q3 2024 New supply also witnesses a 19% drop, falling below the 1 lakh mark for 1st time since Q1 2023 MMR tops new supply with approx. 29,615 units launched in Q3 2024, followed by Bengaluru with approx. 15,915 units Share of new luxury…
Read More“Ganga Realty’s ‘Anantam’, Gurugram’s Tallest Residential Tower, Receives Overwhelming Response During EOI Phase”
Ganga Realty, a prominent real estate developer based in Gurugram, has recently unveiled 'Anantam', the tallest residential tower in the city, located in Sector 85. The project’s Tower A, launched under an exclusive Expression of Interest (EOI) phase, received an extraordinary response from homebuyers in a remarkably short period. Ganga Realty is offering a limited-time Expression of Interest (EOI) with a special inaugural rate. The first 50 buyers can secure units at Rs 16,500 per sq ft, providing significant savings compared to the introductory price of Rs 17,500 per sq…
Read MoreWomeki Group Unveils its Prestigious 350-crore Premium Project ‘Eye of Goa’ at Sindhudurg, Maharashtra
Teams Up with Terra Holding for the Landmark Construction Venture The premium project, featuring plots and villas, is situated on the captivating Kalavi Beach in Sindhudurg, Maharashtra With only 35% of the land being developed, the project offers exclusivity amidst a serene environment and breathtaking ocean views Plots are priced at ₹ 50- 60 lakh per unit The project is scheduled for completion between 24-40 months Womeki Group, a leading luxury real estate developer, announced the launch of its latest venture, “Eye of Goa”, a 350-crore residential development project situated along the…
Read MoreUrbanization Vs. Nature – Is a Symbiosis Possible?
by Akash Pharande, Managing Director – Pharande Spaces Before urbanization took off earnestly in India, humans and nature coexisted admirably. Unfortunately, rampant real estate development has steadily reduced Indians' access to nature. From the increasing demand for integrated townships with abundant greenery, we can see that urban dwellers today are looking to reconnect with nature. The Cost of Urbanization Our cities' development agendas have taken a huge toll. Parks and forested regions have been replaced with high-rise skyscrapers. It's tempting to blame municipal authorities and real estate developers for this…
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