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JNPA SEZ Plots Command Double the Reserve Price - A Major Boost to Mumbai Economy

Mumbai's commerce and business sector benefited from the Jawaharlal Nehru Port Authority (JNPA) awarding industrial plots in its Navi Mumbai Special Economic Zone (SEZ) for almost twice the reserve price to nine winning bidders. This exceptional land demand shows the region's economic potential.

By Admin

  • 23rd Aug 2024
  • 1145 Views
Volkswagen Tech Arm Leases Office Space of Around 1,23,000 in Hudson Block, Pune

Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.

By Admin

  • 19th Aug 2024
  • 1154 Views
Mumbai's Slum Rehabilitation on Saltpan and Mangrove Lands Reduced to 65%

The government reduced Mumbai's saltpan and mangrove slum redevelopment building area from 80% to 65%. BMC manages the remaining 35% for open space amenities. This comes seven months after the original construction ban in eco-sensitive zones.

By Admin

  • 7th Aug 2024
  • 1164 Views
Mahindra & Mahindra Sells Kandivali Land for INR 210 Crore to Pune-based Rucha Group

M&M has sold a 20.5-acre land plot in Kandivali East, Mumbai, for ₹210 crore to Blueprintify Properties, a real estate unit of Rucha Group. M&M capitalised on its non-strategic assets with this July 23 transaction, which was filed the following day.

By Admin

  • 5th Aug 2024
  • 1179 Views
Mumbai Government to Provide 10-Floor TDR for Redevelopment in Airport Funnel Zone

Chief Minister Eknath Shinde said that Mumbai will give TDR of up to 10 stories for airport funnel zone building rehabilitation. Redevelopment has been impeded by height constraints as most buildings in this area are 3-4 storeys. This government strategy promotes urban renewal.

By Admin

  • 14th Jul 2024
  • 1258 Views
Nagpur MIHAN-SEZ Withdraws 140 Acres from DLF

MIHAN-SEZ's land dispute with DLF escalates. The Multi Modal International Cargo Hub and Airport at Nagpur (MIHAN) Special Economic Zone (SEZ) in Maharashtra has asked Gurugram-based DLF to return 140 acres of land they received in 2007. This Nagpur IT Park site has been undeveloped for over 15 year

By Admin

  • 9th Jan 2024
  • 1370 Views
JNPA Rakes in Rs 400 Crore from SEZ Plot Leasing in a Landmark E-Auction

The Jawaharlal Nehru Port Authority (JNPA) earned Rs 426 crore by leasing 14 properties, comprising 42 hectares, in its Uran Taluka, Raigad district Special Economic Zone (SEZ). This e-auction promotes industrial expansion and marks JNPA's revenue milestone.

By Admin

  • 18th Dec 2023
  • 1317 Views
Unveiling the Land Zoning Blueprint of South Goa - A Beacon of Sustainable Development

Unveiling the Land Zoning Blueprint of South Goa - A Beacon of Sustainable Development

By Admin

  • 12th Sep 2023
  • 1339 Views
Developers Compelled to Defer SEZ Leasing Due to Legislative Delays

Industry analysts say the delay in replacing the Special Economic Zones (SEZ) Act of 2005 with the Development (Enterprise and Services) Hubs Bill of 2022 is hurting major office park rentals since firms are unwilling to lease space in SEZ parks.

By Admin

  • 3rd Jun 2023
  • 1341 Views
Amazon Development Center India, Leases 2 Lakh Sq Ft Office Space in Gera Commerzone in Kharadi, Pune

Amazon Development Center (India), Amazon's software and support services division, has leased 200,000 square feet of office space in Pune's Gera Commerzone IT SEZ near Kharadi.

By Admin

  • 29th Jan 2023
  • 2032 Views
RLDA Seeks Electronic Bids For Leasing A Land Parcel in Nizamabad, Telangana For Commercial Development

RLDA - Rail Land Development Authority has requested online bids to develop a railway land parcel in Nizamabad, Telangana, for commercial use. The 2204.96-square-meter plot is bordered by business and semi-commercial zones.

By Admin

  • 27th Mar 2022
  • 1577 Views
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