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.

Mega projects in Mumbai are improving commuting, decreasing pollution, and boosting economic development. Bridges, metros, and roads are changing how the city moves, linking critical neighbourhoods and enhancing quality of life.

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.

Nine significant infrastructure projects have been approved for the Mumbai Metropolitan Region (MMR), enabling transformational development. The MMRDA is leading efforts worth approximately ₹12,546 crore to improve 56 km of roads, bridges, and pedestrian walkways, promoting regional connectivity.

Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.

The Union Cabinet, headed by Prime Minister Narendra Modi, has authorised 12 new industrial smart cities in 10 states to boost India's industry. This initiative, investing ₹28,602 crore, aims to generate 40 lakh jobs and boost industrial capacities in the nation.

Environmental activists have complained to Prime Minister Narendra Modi that Navi Mumbai's Prime Minister's Awas Yojana (PMAY) is encroaching on protected mangrove zones and breaking environmental laws.

Indian real estate developers have focused more on hotels due to the rising travel industry. Post-pandemic domestic travel is increasing demand for premium hotel infrastructure, especially in tier-2 and tier-3 cities.

As the first Times Redevelopment Awards 2024 honoured Mumbai's future leaders, the skyline shone with innovation. Though complicated, BMC Commissioner Dr. Bhushan Gagrani called redevelopment the ultimate answer to Mumbai's land problem, calling it innovation rather than repetition.

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.

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.

To finish the Mumbai coastal road tunnels, Larsen & Toubro (L&T) has asked an extension until September 30. Two tunnels are online, but significant integration tasks remain, necessitating this request.

The establishment of Manohar International Airport in Mopa has boosted high-end property projects, making Goa real estate appealing to rich investors. Mopa's emergence as a top real estate destination is likely to expand Goa's real estate market. Ghar examines Mopa real estate growth.

Discover how Pune luxury real estate became a powerhouse. Pune's property market has high-end residences, unique projects, and record sales thanks to the IT and automotive sectors. Ghar discusses Pune luxury real estate's rise from Koregaon Park to Viman Nagar and Kharadi.

After strong increase in the previous two fiscal years, construction equipment sales were unchanged in the first quarter. Road building project awards slowed and elections lowered demand, causing this stalemate.