HSBC has recently adjusted its outlook on India's residential real estate sector, signaling a potential peak in the market. This reassessment has led to reduced target prices for prominent developers such as Godrej Properties, Oberoi Realty, Prestige Estates, and Sobha Developers. The NSE Realty Index has experienced a significant decline of 23% year-to-date, markedly underperforming the Nifty 50, which...
In a groundbreaking advancement for the Indian real estate sector, Godrej Properties, in collaboration with Tvasta Engineering, has unveiled the nation's first 3D-printed G+1 villa at Godrej Eden Estate in Maan Hinjewadi, Pune. This innovative project signifies a transformative shift towards rapid, sustainable, and technologically advanced construction methodologies. Revolutionizing Construction with...
Godrej Properties has made a significant move in Kolkata's real estate market with the acquisition of a 53-acre land parcel near Joka, marking its first foray into residential plotted development in Bengal. This strategic purchase, valued at approximately ₹115-120 crore, highlights the company's expansion into one of the city's rapidly developing micro-markets. 1.3 Million Square Feet Development...
The real estate market in Kolkata has been witnessing significant growth and stability in recent years, making it an attractive destination for investors and homebuyers alike. Here's a detailed overview of the real estate market in Kolkata. According to a report by Economic Times, Kolkata's real estate market showed robust growth in 2023. A total of 14,999 residential units were sold, marking a notable...
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