Hero Realty unveils its new sales gallery for Phase 2 of Hero Homes Ludhiana
Author : PNT Bureau
Hero Realty, renowned for its innovative concepts, dedication to sustainability, and client-centric approach, celebrated Navratra by unveiling the new sales gallery for Phase 2 of Hero Homes Ludhiana. Channel partners and guests attended the event, which began with a traditional Havan Puja and continued with a brunch. The sales gallery provides a modern, immersive experience for potential homebuyers, showcasing the development's features through advanced technology. Phase 2 focuses on delivering smart, sustainable homes that cater to a balanced lifestyle. The Navratri celebration and the gallery's forward-thinking design reflect Hero Realty's commitment to building high-quality, innovative homes....
Navin's Antheia Poetry brings sustainable luxury living to JP Nagar, Bengaluru
Author : PNT Bureau
Navin's, a renowned name in Chennai's real estate landscape, ventures into Bengaluru with the launch of Navin's Antheia Poetry, a luxury condominium project located in JP Nagar at Dollars Colony, Bannerghatta. Offering opulent 2, 3, 3.5, and 4 BHK residences, this project boasts state-of-the-art amenities and sustainable features, aiming to blend modern convenience with nature. With prices starting from INR. 4.2 crore, it promises an elevated living experience in one of Bengaluru's most dynamic neighbourhoods....
Godrej Properties reports record Q2 sale bookings, driven by high housing demand
Author : PNT Bureau
Godrej Properties Ltd reported a 3% year-on-year (YoY) increase in sale-bookings to nearly INR 5,200 crore in Q2 FY25, the highest for the quarter. The firm sold over 5.1 million sq ft, driven by strong housing-demand. In the first half of FY25, Godrej achieved record-breaking sales of over INR 13,800 crore, surpassing its FY23 annual-sales. The company sold over 8,600 homes totaling 14 million sq ft. CEO Gaurav Pandey credited the growth to an improved project-mix and 89% volume growth, leading to record collections of INR 7,000 crore and operational cash flow growth of 200%....
Delta Corp approves demerger plan, creating new hospitality and real estate entity
Author : PNT Bureau
Delta Corp has approved the demerger of its hospitality and real estate divisions, forming a new entity, Delta Penland Private Limited (DPPL). This move aims to streamline operations and unlock growth potential in both sectors. DPPL will become a wholly owned subsidiary of Delta Corp, with plans to go public, pending regulatory approval. Shareholders will receive one DPPL share for each Delta Corp share they own. The demerger is expected to be completed within 10-12 months, boosting Delta Corp's focus on its gaming business....
Ashiana Housing reports record sales growth amid strong residential demand
Author : PNT Bureau
Ashiana Housing has reported a remarkable surge in sales bookings, more than doubling to INR 673 crore during the July-September quarter. The firm highlighted a strong upward trajectory, with total sales for the fiscal year 2024 reaching INR 1,798.22 crore. The September quarter saw 482 units booked, reflecting rising consumer interest. Notably, sales volume increased to 7.30 lakh square feet, underscoring Ashiana's strategic market positioning, particularly in the senior living segment. With a commitment to quality and innovation, Ashiana Housing continues to enhance its reputation as a leading player in India's real estate market....
Signature Global reports record pre-sales growth in H1 FY25
Author : PNT Bureau
Signature Global, a leading real estate developer in Delhi-NCR, has achieved record half-year pre-sales of INR 59.0 billion in H1 FY25, reflecting a remarkable 217% year-on-year growth. This performance already covers 59% of the company's sales target for the fiscal year. Key factors contributing to this success include the launch of new mid-income housing and group housing projects in Gurugram. The company's collections also rose by 60%, while net debt decreased, underscoring a strong financial position. Chairman Pradeep Kumar Aggarwal expressed optimism about the company's future, emphasising innovation and strategic initiatives....
Amrapali Dream Valley homebuyers finally receive keys after long wait
Author : PNT Bureau
Earlier this week, 51 buyers of Amrapali Dream Valley Enchante in Greater Noida West received the keys to their long-awaited apartments, marking a significant milestone after years of delays. The NBCC began the handover process four years after taking charge of the stalled project. While some buyers celebrated their new homes, others are still awaiting possession. The Supreme Court's earlier intervention, holding Amrapali accountable for fund misappropriation, has paved the way for the ongoing completion of this project....
VTP Realty's recent allotment event for its two WOW projects in Hinjewadi Phase 1 set a new benchmark in Pune's real estate market. Attracting over 1,000 prospective homebuyers, the day-long event showcased the grandeur and luxury of the projects, featuring impressive designs and world-class amenities. The overwhelming response resulted in numerous bookings, highlighting the strong demand for these exclusive properties. CEO Sachin Bhandari emphasised the company's commitment to exceeding customer expectations. VTP also engaged its global clientele through live streaming, further solidifying its leadership in the luxury real estate sector. This event transformed the landscape of property launches in Pune....
Prateek Group invests INR 125 crore in an affordable housing project in Ghaziabad
Author : PNT Bureau
Prateek Group, a prominent real estate developer in the NCR region, has announced its investment of INR 125 crore in an affordable housing project, Prateek Aurelia, located in Siddharth Vihar, Ghaziabad. The project, aimed at EWS (Economically Weaker Sections) and LIG (Low-Income Group) families, is part of the Uttar Pradesh Government's Township Policy. The project will offer modern amenities and excellent connectivity, with booking registrations open for a limited time. This initiative is a major step toward providing quality housing solutions for low-income families in the region....
The Wadhwa Group launches 'Evara' Signature Villa Plots at Wadhwa Wise City, Panvel
Author : PNT Bureau
The Wadhwa Group has launched 'Evara,' a signature villa plot development in the Wadhwa Wise City integrated township in Panvel. These premium plots, starting from 1,600 sq. ft. and priced from INR 1.49 crore, are nestled in lush surroundings while offering easy access to Navi Mumbai and Mumbai. Residents can enjoy various amenities, including retail plazas and a sports complex, amid extensive greenery....
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