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ED Attaches INR 834 Crore Worth of Properties Linked to Emaar and MGF Developments

Emaar India Ltd and MGF Developments Ltd have had immovable assets worth over 401 acres and ₹834 crore temporarily attached by the Enforcement Directorate (ED). Emaar owns properties worth ₹501.13 crore, while MGF Developments retains the remaining assets at ₹332.69 crore.

By Admin

  • 31st Aug 2024
  • 1144 Views
The Chapter, an Isprava Company, to Invest INR 850 Crore in Developing Luxury Villas Across Key Leisure Destinations in India

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

By Admin

  • 30th Aug 2024
  • 1185 Views
Allegations Surface Over 11-Acre Land Deal in Airoli

Reports have emerged about a potential plan to transfer 11 acres of prime land in Airoli, initially reserved for foreign embassies, to a prominent businessman under the pretext of developing a township.

By Admin

  • 24th Aug 2024
  • 1155 Views
Table Space Secures USD 100 Million for Major Asset Acquisitions in Key Urban Centers

Table Space, a managed workspace provider, will spend $100 million (₹840 crore) in office assets, include a ₹450 crore agreement with Panchshil Realty for 900,000 square feet of space in Pune. Table Space will make many acquisitions to extend its presence in India's main cities.

By Admin

  • 21st Aug 2024
  • 1180 Views
Bhive Workspaces Plans INR 800 Crore IPO for FY26, Targets Expansion Beyond Bengaluru

A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.

By Admin

  • 9th Aug 2024
  • 1182 Views
Godrej Family Office Sells Stake in Sobha for INR 858 Crore

Nearly half of the ownership in Bengaluru-based real estate developer Sobha was sold in block agreements for around ₹857.70 crore by a company owned by the Godrej Industries Group family office.

By Admin

  • 27th Jul 2024
  • 1182 Views
JSW Infrastructure Acquires Prime Navi Mumbai Office Space in L&T Seawoods Grand Central for INR 88 Crore

JSW Infrastructure has acquired office space in Navi Mumbai's Nerul from L&T Realty for ₹88 crore, an important move in the commercial real estate sector.

By Admin

  • 22nd Jul 2024
  • 1316 Views
Daughter of Divi's Laboratories Founder Acquires INR 80 Crore Worth of Luxury Properties in Hyderabad

Nilima Prasad Divi, daughter of Divi's Laboratories founder Murali Divi, invested ₹80 crore in two prominent homes in Hyderabad's luxury real estate market.

By Admin

  • 25th May 2024
  • 1425 Views
CMD Family of BDR Pharma Buys Luxury Apartments in Raheja Artesia, Worli for INR 81 Cr

The family of BDR Pharmaceuticals' Chairman & Managing Director bought two sea-view flats in Worli for roughly ₹81 crore, marking a significant investment in Mumbai's luxury real estate market. These apartments on the 39th livable level of the ultra-luxurious Raheja Artesia building have 6,670 sq ft

By Admin

  • 27th Dec 2023
  • 1341 Views
India Shelter Finance to Boost Capital With INR 800 Crore Equity Issue and INR 400 Crore Offer for Sale

India Shelter Finance Corporation (ISFC), based in Haryana, is planning to increase its capital by raising ₹800 crore through new shares and ₹400 crore by selling some shares currently held by its investors.

By Admin

  • 11th Dec 2023
  • 1317 Views
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