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Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.
- 27th Oct 2024
- 1165 Views
The Maharashtra government has announced plans to build a "Third Mumbai," which will be led by the Mumbai Metropolitan Region Development Authority (MMRDA). This city will be built by the New Town Development Authority (NTDA) in the Raigad area, past the Mumbai Trans Harbour Link (MTHL) ...
- 20th Oct 2024
- 1181 Views
The state cabinet accepted the transfer of 140 acres of Malwani and Aksa property from the suburban collector for the ambitious Dharavi Redevelopment Project. Land will be utilised for rental homes for slum inhabitants ineligible for free housing under the project.
- 14th Oct 2024
- 1192 Views
A plan to construct a new expressway adjacent to the Mumbai-Pune Expressway is now underway. The first phase of this project will stretch from JNPA (Jawaharlal Nehru Port Authority) to Chowk (Karjat). The highway will later extend from Chowk towards Pune and eventually reach Bengaluru.
- 20th Sep 2024
- 1215 Views
The Indian Institute of Management (IIM) Mumbai, founded last year in Powai, will undergo a comprehensive renovation. An INR 800 crore ($100 million) makeover of the institute's 64-acre campus is planned.
- 11th Sep 2024
- 1190 Views
An innovative Mumbai-Ahmedabad bullet train station in Boisar, Palghar district, is planned to improve connectivity and infrastructure. This station is ideally located in the Boisar-Tarapur MIDC (Maharashtra Industrial growth Corporation), a major tourist destination, and much more.
- 6th Sep 2024
- 1197 Views
The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.
- 3rd Sep 2024
- 1198 Views
Maharashtra's senior population is expected to reach 17% by 2036. A housing demand plan has been draughted by the state housing department. Senior housing is precisely defined and has specific planning and building guidelines under Unified Development Control and Promotion.
- 3rd Sep 2024
- 1188 Views
The long-anticipated Dharavi Redevelopment Project, covering nearly 600 acres in Mumbai’s core, is expected to commence construction within the next 6-8 months, according to SVR Srinivas, CEO of the Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority of Maharashtra.
- 31st Aug 2024
- 1178 Views
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.
- 24th Aug 2024
- 1236 Views
The smart city project is one of India's many steps towards global leadership. Smart cities have cutting-edge infrastructure, effective land use, and technology to improve living. The GHAR Ultimate Guide to Smart Cities in India identifies the Top 10 Modern Living and Investment Locations in 2024.
- 4th Aug 2024
- 1272 Views
The Mumbai Metropolitan Region Development Authority (MMRDA) plans to lease out seven plots in the Bandra-Kurla Complex (BKC) to earn 5,497 crore. This program finances Mumbai Metropolitan Region infrastructure projects.
- 4th Aug 2024
- 1211 Views
In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.
- 4th Aug 2024
- 1328 Views
The opening of Manohar International Airport in Mopa has made North Goa a top location for luxury property investments. High-end developments have increased due to this planned development, boosting the region's popularity. Ghar highlights 7 ways the new airport is boosting Mopa real estate.
- 31st Jul 2024
- 1211 Views
India's real estate sector would benefit from the Finance Budget 2024's emphasis on affordable housing, infrastructure, and urban planning. The reasons are given by Ghar.
- 28th Jul 2024
- 1200 Views