In 2023, the real estate sector showed resilience amid changing trends. Global economic recovery drove up demand for residential properties in India, thanks to low interest rates and a preference for smart living and luxurious ownerships. With India's status as one of the world's fastest-growing economies propelled by private spending and capital buildup, the real estate sector.
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The police in Maharashtra's Thane district have registered a case against a couple and their son for allegedly cheating a builder of nearly Rs 42 lakh over the sale of land, an official said on Thursday. In his complaint, the 27-year-old builder, who lives in the Bhiwandi area, said the accused and he had signed an agreement a few months ago towards the sale of more.
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Sumadhura Group has acquired 40 acres land in Bengaluru for approximately Rs 800 crore to develop residential projects with revenue potential of up to Rs 6,000 crore.The properties, acquired as four land parcels, are a combination of both solely-owned and joint-development projects.The company plans to develop four residential projects on these sites.
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