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Listed realty developers' sales share rises to 22% in April-December from 6% in FY17: Report

Listed realty developers’ sales share rises to 22% in April-December from 6% in FY17: Report SECTIONS Share Synopsis Of the total sales of 93,140 apartments in the first nine months of 2020-21 across the top 7 cities, top 8 listed players’ share stood at 22% while non-listed leading players’ share was 18%. Non-branded developers accounted for a 60% share, showed data from Anarock Property Consultants. Agencies These companies together sold 21.23 million sq ft residential area between April and December 2020 despite the first wave of Covid-19, up 2% on year. The overall housing sales share of the top 8 listed real estate developers is on the rise indicating homebuyers’ increased preference for their projects.

Realtors expect improved housing demand on 'Akshaya Tritiya' amid Covid woes

Realtors expect improved housing demand on Akshaya Tritiya amid Covid woes ​ By IANS | Published on ​ Tue, May 11 2021 12:18 IST | ​ 7 Views Work from home impacts real estate and housing choices.. Image Source: IANS News New Delhi, May 11 : At a time when the severe second wave of Covid-19 and lockdowns have halted economic activities, developers expect that the traditional housing demand during Akshaya Tritiya would somewhat lift the spirits in the market and improve sales. The occasion is considered to be auspicious for buying homes. Niranjan Hiranandani, President, National Real Estate Development Council (NAREDCO) said: The festive day of Akshaya Tritiya traditionally, is an auspicious day for home buying. This year too we expect smart home buyers to take advantage of both aspects the festive fervour and aspect of making one s dream home a reality.

Billionaire Investor Radhakishan Damani Executes Largest Ever Residential Deal Anywhere In India; Pays Rs 30 Crore As Stamp Duty

D-Mart's Radhakishan Damani buys Malabar Hill property for Rs 1,001 crore

D-Mart’s Radhakishan Damani buys Malabar Hill property for Rs 1,001 crore SECTIONS Share Synopsis The ground plus two storey-bungalow Madhukunj on leafy Narayan Dabholkar Marg is spread over 1.5-acre land parcel and has total built up area of around 60,000 sq ft. The market price based on the ready reckoner rate is around Rs 724 crore. It could not be ascertained if the property will be redeveloped or the existing structure itself will be used by the family as its residence. In the largest ever residential transaction anywhere in the country, Radhakishan Damani, billionaire investor and founder of D-Mart has bought a bungalow in South Mumbai’s plush Malabar Hill locality for Rs 1,001 crore. Damani has bought the property along with his younger brother Gopikishan Damani.

DMart's Radhakishan Damani buys South Mumbai property for Rs 1,001 crore