Articles
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1 month ago |
economictimes.indiatimes.com | Faizan Haidar |Sobia Khan
Bengaluru-based real estate developer Bagmane Group has acquired a 124,000-square metre railway land parcel at Sector 21, Dwarka, in Delhi for '1,530 crore, two people aware of the development said.The Rail Land Development Authority (RLDA) had accepted Bagmane's bid to lease the land in 2023, but the deal was delayed due to the need to relocate trees from the site.
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2 months ago |
economictimes.indiatimes.com | Sagar Malviya |Faizan Haidar
Large Indian retailers are starting to shun discounts and have fewer product price markdowns online.The shift in strategy at retail chains such as Shoppers Stop Aditya Birla Fashion and Retail and Lifestyle tracks their inability to reboot sales online sufficiently despite running persistent discounts including the more-recent End-of-Season-Sales (EOSS) and Republic Day sales.These discounts included the more-recent End-of-SeasonSales (EOSS) and Republic Day sales.Brands are also sharpening...
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Mar 5, 2025 |
economictimes.indiatimes.com | Faizan Haidar |Sagar Malviya
India saw a sharp decline in the pace of new store openings in 2024 as tepid demand across discretionary categories forced top retailers to cut costs and go slow on expansions.An ET analysis of a dozen top listed quick-service restaurant (QSR) chains, apparel and grocery retailers showed collective additions of an average of just three new stores per day last year, compared to about ten outlets in 2023.These companies which include Reliance Retail, Aditya Birla Fashion & Retail, DMart, Tata's...
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Jan 22, 2025 |
m.economictimes.com | Faizan Haidar
The residential real estate market in India's top 9 cities experienced a 9% decline in sales and a 15% drop in new supply in 2024, according to PropEquity. Despite the declines, the supply and absorption ratio remained stable, indicating strong fundamentals. Hyderabad witnessed the highest decline, while Delhi-NCR saw notable growth.
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Jan 16, 2025 |
economictimes.indiatimes.com | Faizan Haidar
New Delhi: Sidhant Real Estate , promoted by DLF chairman Rajiv Singh and his family members, has purchased a sprawling bungalow in Lutyens' Delhi 's Prithviraj Road for ₹150 crore.The firm acquired the bungalow from Rangoli Resorts, where Sheela Foam executive chairman Rahul Gautam and his family members are directors. Rangoli Resorts also purchased a bungalow on Hailey Road for ₹165 crore.
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#MaxEstates has also completed the acquisition of the three floors in Max Towers, #Noida from Max India Limited at a value of Rs 105.08 crore. https://t.co/c0gsg24m4a https://t.co/5m4XpOH78q