Ajmera Realty’s Bengaluru project sees 37% bookings at launch
1 month, 2 weeks ago

Ajmera Realty’s Bengaluru project sees 37% bookings at launch

Hindustan Times  

Mumbai-based real estate developer Ajmera Realty & Infra India Ltd sold 37% of the inventory in its latest residential project in Bengaluru within a week of its launch, the company said in a statement. Ajmera Realty sold 59,000 square feet out of the total 1.59 lakh square feet in the said project - Ajmera Iris in Electronic City, Phase 2 - for a value of ₹60 crore, the statement said. Commenting on the launch, Dhaval Ajmera, director, Ajmera Realty & Infra India Ltd, said: “The real estate market of Bengaluru is witnessing a significant rise in demand for quality and spacious living, driven by a robust job market and strong purchasing power in the Startup Hub of India.” “The idea to launch Ajmera IRIS is influenced by this upbeat sentiment among homebuyers and investors alike. According to the company’s investors’ presentation, Ajmera Realty & Infra India Ltd has delivered projects spanning over 20 million square feet over a course of 55 years.

Bengaluru Mumbai Launch Realty Project Real Ajmera Infra India Ltd Infra India  estate  launch  real  ajmera  sees  project  realty  bengaluru  infra  india  bookings  37  crore  realtys

History of this topic

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar
3 months, 3 weeks ago

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar

Hindustan Times  

In a high-end real estate transaction in Bengaluru's Indiranagar locality, a residential property has been sold for ₹47.5 crore, property registration documents accessed through proptech platform Zapkey showed. Bengaluru real estate: Residential property sells for ₹ 47 crore in Indiranagar As per details cited in the said documents, the 8,800-square feet land parcel housing an independent residential unit spanning a …

Shriram Properties eyes annual sales worth ₹5,000 crore in the next three years driven by mid-income housing sales
4 months ago

Shriram Properties eyes annual sales worth ₹5,000 crore in the next three years driven by mid-income housing sales

Hindustan Times  

Bengaluru-headquartered real estate developer Shriram Properties is looking to double its sales to ₹5,000 crore, triple revenue to ₹3,000 crore and quadruple profits to more than ₹250 crore in the next three years driven by mid-income housing sales and consolidation in the real estate sector, the company's top official said on August 21. Shriram Properties eyes annual sales worth ₹ …

Bengaluru tops housing sales and launches pan India in Q2 2024, ₹1-3 crore homes capture 63% of new launches
4 months, 3 weeks ago

Bengaluru tops housing sales and launches pan India in Q2 2024, ₹1-3 crore homes capture 63% of new launches

Hindustan Times  

Bengaluru has emerged as the premier residential real estate market in India with 18,548 housing units sold and 16,537 homes launched during the April-June period of the ongoing calendar year, according to JLL Research. Bengaluru tops housing sales and launches pan India in Q2 2024 The IT capital accounted for approximately 21% of the total residential launches and around 23% …

Oberoi Realty plans to foray into Gurugram; launch projects in Thane and Worli in the next 12 months: Vikas Oberoi
6 months, 3 weeks ago

Oberoi Realty plans to foray into Gurugram; launch projects in Thane and Worli in the next 12 months: Vikas Oberoi

Hindustan Times  

Mumbai-based listed real estate firm Oberoi Realty plans to launch three housing projects in the next 12 months, including its first project in Gurugram, a project in the Worli area in Mumbai and one in Thane, said Vikas Oberoi, chairman and managing director of Oberoi Realty. Mumbai-based real estate firm Oberoi Realty plans to launch three projects in the next …

Bengaluru's most expensive real estate deal? Quess Corp’s promoter buys property worth ₹67.5 cr in billionaire street
8 months ago

Bengaluru's most expensive real estate deal? Quess Corp’s promoter buys property worth ₹67.5 cr in billionaire street

Hindustan Times  

Ajit Isaac, chairman and managing director of Bengaluru-based company Quess Corp, has bought a 10,000 sq ft property worth ₹67.5 crore in Koramangala area, the IT capital’s billionaire street, making it the most expensive real estate deal in the city, said brokers aware of the development. Ajit Isaac, chairman and managing director of Bengaluru-based company Quess Corp, has bought a …

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru
9 months, 3 weeks ago

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru

Hindustan Times  

Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet and is eyeing a revenue potential of almost ₹500 crore, the company said. Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet The …

Raymond Realty launches project in Bandra with ₹2,000 cr revenue potential
10 months ago

Raymond Realty launches project in Bandra with ₹2,000 cr revenue potential

Hindustan Times  

Raymond Realty, the real estate arm of Raymond Group, on February 20 announced the launch of its first project outside Thane in Bandra, Mumbai, that has a revenue potential of over ₹2000 crore, the company said. Raymond Realty, the real estate arm of Raymond Group, on February 20 announced the launch of its first project outside Thane in Bandra. "This …

Ajmera Realty shares jump over 10% to 52-week high on strong Q3 sales growth
11 months, 1 week ago

Ajmera Realty shares jump over 10% to 52-week high on strong Q3 sales growth

Live Mint  

Ajmera Realty share price jumped more than 10% to hit a 52-week high Thursday after the company reported a sharp jump in sales for the third quarter of FY24. Ajmera Realty said its total sales value jumped 98% year-on-year to ₹253 core in the October-December quarter while its collections increased 30% to ₹151 crore. “The 98% YoY growth in sales …

Ajmera Realty to develop two residential projects in Mumbai, Bengaluru for ₹470 crore
1 year, 2 months ago

Ajmera Realty to develop two residential projects in Mumbai, Bengaluru for ₹470 crore

Live Mint  

Ajmera Realty & Infra on September 29 announced that it would be developing two residential projects – one each in Mumbai and Bengaluru – for an estimated cumulative gross development value of ₹470 crore. We anticipate strong sales velocity, leveraging our established presence in the central Mumbai belt, from Wadala to Ghatkopar to Vikhroli, and now expanding to Bhandup," Dhaval …

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore
1 year, 11 months ago

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore

Business Standard  

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore The project is located just off Hosur Road and offers access to well-developed social infrastructure with educational institutes, healthcare facilities, and retail avenues in proximity Premium The land is in close proximity to India’s largest IT and Electronics hub - Electronics City Pratigya Yadav New Delhi The real estate and …

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