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Bank of Baroda Greenlights Revival Plan for Supertech's Dehradun Project

Bank of Baroda, a major Supertech Group lender, approved the Dehradun project resolution plan. This approval is crucial, allowing 600 homeowners to finally get their houses. The proposal, presented to the NCLAT, is Supertech's first lender-approved project.

By Admin

  • 15th Sep 2024
  • 1136 Views
Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds

Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.

By Admin

  • 15th Sep 2024
  • 1138 Views
Hiranandani Set to Redevelop 5 Housing Societies in Chembur, Mumbai with INR 3200 Crore Investment

The House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb, a significant step towards urban renewal. These redevelopment projects, which encompass approximately 15 acres, offer a development potential of over 1.7 million square feet.

By Admin

  • 15th Sep 2024
  • 1134 Views
All About Mumbai's Ring Roads and Dedicated Bus Lanes

Five ring roads are being built as part of a megacity inter-linking project to improve traffic flow and connectivity. The proposed Orange Gate tunnel will link the Freeway and Coastal Road at Marine Drive on the southernmost ring road. Mumbai will connect to Thane, Palghar, and Alibaug.

By Admin

  • 15th Sep 2024
  • 1134 Views
Why Are Indian Property Developers Shifting Focus to Integrate Senior Living into Urban Projects?

More and more, real estate developers are incorporating senior living into bigger urban housing developments rather than constructing separate facilities on the fringes of cities. Learn more about it on Ghar.tv.

By Admin

  • 15th Sep 2024
  • 1136 Views
5 Reasons Homebuyers Are Concerned About Delays in MahaRERA Hearings

Maharashtra homebuyers are frustrated with MahaRERA hearing delays, some of which last years. Slow resolution of real estate disputes undermines the Real Estate (Regulation and Development) Act, 2016, which was meant to speed up justice.

By Admin

  • 15th Sep 2024
  • 1137 Views
From Investment to Reality - Navigating Possession and Buyer Rights Under RERA in Indian Real Estate

For every homebuyer, the happiest milestone is when their investment materializes as they receive possession of their property. This moment transforms their financial commitment into a tangible asset.

By Admin

  • 15th Sep 2024
  • 1134 Views
Piramal Realty Project Receives Stop-Work Notice from MCGM as Notice Issued to Glider Buildcon Over Construction Dispute

News reports say the Municipal Corporation of Greater Mumbai (MCGM) has stopped construction at Piramal Realty subsidiary Glider Buildcon Realtors. The notice halts high-rise residential tower building near the Rani Baug Zoo in Byculla, South Mumbai.

By Admin

  • 12th Sep 2024
  • 1146 Views
UK Property Website Rightmove Rejects GBP 5.6 Billion Offer From Murdoch-backed REA Group

Rightmove, the UK-based property listing behemoth, turned down a hefty £5.6 billion buyout approach from Australia's REA Group, which is majority-owned by Rupert Murdoch's News Corporation. Rightmove's board described the offer as "wholly opportunistic,".

By Admin

  • 12th Sep 2024
  • 1141 Views
Worli Land Dispute Settled Between Birla & Wadia as Century Textiles Acquires Prime 10-Acre Parcel for INR 1100 Crore

Nusli Wadia, Chairman of the Wadia Group, and the Aditya Birla Group have settled their lengthy legal dispute. Aditya Birla Group subsidiary Century Textiles and Industries bought a 10-acre leasehold property tract in Worli, Mumbai, from the Wadia family for ₹1,100 crore.

By Admin

  • 11th Sep 2024
  • 1145 Views
Singapore Real Estate Fund CapitaLand to Double India Investments to USD 11.3 Billion by 2028, Expands into Renewables and Private Credit

CapitaLand, Singapore's largest real estate manager, plans to quadruple its India FUM to SGD 14.8 billion (USD 11.3 billion) by 2028. This aggressive action supports its worldwide aim of SGD 200 billion (USD 153 billion) FUM in the same term.

By Admin

  • 11th Sep 2024
  • 1143 Views
With INR 800 Crore Revamp IIM Mumbai Aims for Global Leadership in Management Education

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.

By Admin

  • 11th Sep 2024
  • 1141 Views
Suzlon Sells Pune HQ at One Earth, Hadapsar for INR 440 Crore, Leases Back for 5 Years to Unlock Growth Capital

Known for its renewable energy solutions, Suzlon Energy sold its headquarters, One Earth, in Hadapsar, Pune, for ₹440 crore to monetise non-core assets and drive expansion. OE Business Park (OEBPPL), backed by 360 ONE Alternates Asset Management funds, bought the land.

By Admin

  • 11th Sep 2024
  • 1153 Views
Madh-Versova Cable-Stayed Bridge to be a Reality Soon as BMC approves Rs 3246 Crore Mega Project

The Madh-Versova cable-stayed bridge, worth 3,246 crore rupees, would lessen travel lengths by 3–4 km and boost communication between Versova and Madh. The bridge will be open 24 hours a day. Constructed in around 36 months, this 2.06 km bridge will boost infrastructure & Madh property prices.

By Admin

  • 11th Sep 2024
  • 1147 Views
Indian Warehouse Leasing Rises in 2024 With 8% YOY Growth

The Indian warehouse leasing market grew 8% in H1 2024. With Mumbai and Pune leading absorption rates, the industry has grown and faced hurdles. Ghar.tv offers 6 tips for understanding 2024 Indian warehouse leasing trends:

By Admin

  • 11th Sep 2024
  • 1138 Views
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