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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
- 1156 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
- 1197 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
- 1251 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
- 1239 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
- 1306 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
- 1288 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
- 1361 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
- 1283 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
- 1274 Views
Ashiana Housing, a New Delhi-based real estate developer, plans to spend Rs 650-700 crore in land and building in 2023-24. The business wants to book Rs 1,500 crore in area in FY24 and add 7-8 million sq ft in three years.
- 10th Jan 2024
- 1345 Views
Saya Group will complete a Rs 4,000 crore project in three years. In Indirapuram, 2.33 million square feet of commercial space worth Rs 2500 crore is being built, while Rs 1500 crore is being spent on ultra-luxurious residential complexes.
- 26th Nov 2023
- 1446 Views
Signature Global has launched many new group housing projects in Gurugram's most attractive neighbourhoods, notably on the Dwarka Motorway and the Southern Peripheral road, which are estimated to generate over Rs 8,500 crore in sales in FY-23-24.
- 16th Nov 2023
- 1498 Views
Lodha, or Macrotech Developers, is on track to beat its fiscal year predictions. Real estate professionals are excited as the business is on course to exceed its FY24 gross development value (GDV) of INR 17,500 crore in the first half.
- 31st Oct 2023
- 1318 Views
Brookfield India Real Estate Trust is selling private placement units to institutional investors to earn up to Rs 3,500 crore to buy two Gurugram and Mumbai properties.
- 30th Jul 2023
- 1417 Views
The Securities and Exchange Board of India (SEBI) has authorised the fractional real estate ownership platform hBits to raise over Rs 500 crore through a category II Alternative Investment Fund (AIF) for commercial real estate investments across India's major markets.
- 17th Jul 2023
- 1311 Views