Real Estate News

Stay updated with the latest real estate news, market movements, policy updates, and price trends across India. Houssed keeps you informed with accurate and timely property market coverage.

Relief For Over 20,000 Homebuyers, Takeover Plan For Jaypee Infra Cleared
June 10, 2023

Relief For Over 20,000 Homebuyers, Takeover Plan For Jaypee Infra Cleared

The National Company Law Tribunal (NCLT) on Tuesday approved the Mumbai-based Suraksha Group's bid to buy Jaypee Infratech Ltd, a development that comes as a relief for more than 20,000 homebuyers ...

Odisha government announces new housing scheme
June 10, 2023

Odisha government announces new housing scheme

On the fourth anniversary of his current five-year term, chief minister Naveen Patnaik-led cabinet on Monday cleared a new rural housing scheme 'Mo Ghara'targeting those left out in Central and sta...

Aurum PropTech set to buy Ratan Tata-backed NestAway
June 10, 2023

Aurum PropTech set to buy Ratan Tata-backed NestAway

Proptech major Aurum PropTech is set to acquire Goldman Sachs, Tiger Global, and Ratan Tata-backed managed rental home company NestAway Technologies through a complete buyout of all existing shareh...

Phoenix Mills plans to invest Rs 2,000 crore for portfolio expansion
June 9, 2023

Phoenix Mills plans to invest Rs 2,000 crore for portfolio expansion

Phoenix Mills is planning to invest over Rs 2,000 crore to support the ongoing portfolio expansion across key cities in the country including Pune, Bengaluru, Kolkata, and Surat in the current fina...

PNB Housing Finance closes rights issue worth Rs 2,493.76 crore
June 9, 2023

PNB Housing Finance closes rights issue worth Rs 2,493.76 crore

PNB Housing Finance has achieved closure of its rights issue of up to Rs 2,493.7 crore. It was subscribed approximately 1.21 times, the company said in a BSE filing. Girish Kousgi, managing ...

Trident Group acquires Shipra Mall in Ghaziabad for Rs 551 crore via auction
June 9, 2023

Trident Group acquires Shipra Mall in Ghaziabad for Rs 551 crore via auction

Real estate developer Trident Group has acquired Shipra Mall at Ghaziabad for Rs 551 crore through an auction process, its CEO Parvinder Singh said on Friday. Trident Group, which is develop...

WeWork India leases over 92,000 sq. ft. of office space in PUNE
June 8, 2023

WeWork India leases over 92,000 sq. ft. of office space in PUNE

WeWork India has agreed with Panchshil Realty to lease 92,000 sq. ft. office space in the developer's new project Eleven West in Pune's Baner locality. T...

Birla Estates acquires prime land parcel in South Mumbai’s Malabar Hill
June 8, 2023

Birla Estates acquires prime land parcel in South Mumbai’s Malabar Hill

Birla Estates, the real estate development arm of the Aditya Birla Group, has acquired a prime land parcel in South Mumbai's upmarket residential area of Wal...

Shriram Properties acquires residential project in Chennai for Rs 185 crore
June 8, 2023

Shriram Properties acquires residential project in Chennai for Rs 185 crore

Shriram Properties (SPL) has acquired 100% of development rights in an ongoing project in Chennai, through its wholly-owned subsidiary, Shrivision Elevations. The deal is valued at Rs 185 crore, in...