Institutional investment in real estate dips 33% in Apr-Jun due to lower foreign fund inflow: Colliers

The institutional flow of funds includes investments by family offices, foreign corporate groups, foreign banks, proprietary books, pension funds, private equity, real estate fund-cum-developers, foreign-funded NBFCs, listed REITs and sovereign wealth funds.  | Photo Credit: wutwhanfoto Institutional investment in Indian real estate fell 33 per cent to $1.69 billion in April-June as foreign investors ...
July 3, 2025

Trichy civic body faces ₹121 crore deficit as commercial spaces remain vacant

TRICHY: The Trichy City Corporation is grappling with a severe funding shortage, raising concerns among councillors about the timely execution of development proposals ahead of the upcoming assembly election. Meanwhile, several commercial complexes built under the Smart Cities Mission remain vacant or incomplete, resulting in significant revenue losses for the civic body. At least ...
July 2, 2025

Prestige Group unveils ₹3,350 cr residential project in Chennai

Irfan Razack, CMD, Prestige Group | Photo Credit: SOMASHEKARA GRN Prestige Group, a leading real estate developer based in Bengaluru, has announced its newest residential project – Prestige Pallavaram Gardens – located on the Pallavaram–Thoraipakkam Radial Road in Chennai. With a Gross Development Value (GDV) of ₹3,350 crore, the development is set to become ...
June 30, 2025