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In the next two years, House of Hiranandani, led by Surendra Hiranandani, would invest approximately ₹12,500 crore to increase its development footprint by 10 million square feet in the Mumbai Metropolitan Region (MMR). This strategic expansion will include acquisitions and greenfield ventures.
- 3rd Nov 2024
- 1149 Views
The Maharashtra Housing and Area Development Authority (MHADA) would increase application opportunities. In March and June 2025, the Mumbai Board will hold a lottery for 3,000 residences. Patrawala Chawl in Goregaon may provide 2,500 of these dwellings.
- 9th Oct 2024
- 1164 Views
Godrej Properties and Sobha won three important land lots in a Greater Noida Authority auction. The auction saw strong participation, exceeding the reserve price of ₹738 crore with offers totalling ₹1,500 crore.
- 11th Aug 2024
- 1195 Views
Paradigm Realty of Mumbai launched a 2.5 million sq. ft. Mahavir Nagar, Kandivali (W) redevelopment project. The project, located on a ~4-acre site block, offers free-sale RERA carpets up to 1 million sq. ft. and has a gross development value of over INR 3500 crore (USD 0.44 billion.
- 10th Jul 2024
- 1236 Views
Paradigm Realty plans to redevelop 11 housing societies in Bandra and Kandivali, Mumbai, with a revenue potential of ₹4,500 crore. Over 2.8 million sq ft will be covered by the projects.
- 27th Jun 2024
- 1234 Views
Godrej & Boyce Manufacturing Company sold an approximately 58,500 sq ft office across two floors in Godrej One, Vikhroli, Mumbai, to Godrej Industries for ₹157 crore. This is a significant Godrej Group real estate deal.
- 29th May 2024
- 1301 Views
Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.
- 14th Apr 2024
- 1284 Views
Phoenix ARC, backed by Kotak Mahindra Bank, bought two stressed loans for ₹1,800 crore from IIFL, committing to an 83% recovery rate for the Fairfax-supported non-bank lender. The ₹1,500 crore acquisition was made in an open auction, with Phoenix ARC being the lone bidder.
- 10th Apr 2024
- 1355 Views
Awfis, India's leading flexible workspace provider, opened its largest facility in Bhubaneswar, Orissa, to promote creativity and cooperation. The breadth of Awfis's network makes it the leader in flexible workplaces, and its expansion development and potential in Tier II cities of India.
- 3rd Mar 2024
- 1281 Views
Shapoorji Pallonji Real Estate heralds the launch of Sequoia, the crowning glory of Parkwest 2.0, nestled in the heart of Binnypet, Bengaluru. This launch marks a significant milestone, completing the illustrious ~46-acre sanctuary.
- 1st Mar 2024
- 1364 Views
Smartworks has proudly announced its newest jewel in the crown, RK Four Square, a state-of-the-art office space nestled in the dynamic Cyber City of Gurugram.
- 24th Feb 2024
- 1299 Views
The Gujarat International Finance Tec-City Company (GIFTCL) is set to embark on a groundbreaking venture, introducing the first ultra-luxury hotel within the domestic tariff area (DTA) of GIFT City, Gandhinagar district.
- 19th Feb 2024
- 1300 Views
County Group, a leading Delhi NCR real estate developer, is raising the bar for luxury living with its Rs 5,000 crore investment plan. The company will build Ivory County, a premium home project in Noida, over five years to provide an unmatched living experience.
- 14th Feb 2024
- 1279 Views
Palava City, built by Lodha, a world-renowned developer, blends urban elegance with natural beauty. This gated community offers unmatched living on 4,500 acres, 800 of which are currently lively villages.
- 27th Jan 2024
- 1439 Views
Singapore-based CapitaLand Investment Ltd. signed three significant MoUs with Tamil Nadu on January 9. The state would get around Rs 4,500 crore from this ambitious endeavour over five years.
- 11th Jan 2024
- 1271 Views