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K Raheja Settles REIT Violation Case with INR 68.73 Lakh Payment

K Raheja Corp Investment Managers, the manager of Mindspace Business Parks REIT, has resolved a regulatory case with SEBI by paying ₹68.73 lakh as a settlement fee. The matter pertained to alleged REIT rule violations, and the company settled without admitting or denying SEBI’s findings.

By Admin

  • 30th Nov 2024
  • 1137 Views
Inorbit Malls Expands Footprint with INR 400 Crore Acquisition in Hubli, Karnataka

A K Raheja Corp. affiliate, Inorbit Malls (India), has paid approximately ₹400 crore to buy a retail property in Hubli, Karnataka, as a strategic foray into Tier-2 cities. The building, called Akshay Sky Mall, has a gross built-up area of around 650,000 square feet.

By Admin

  • 20th Sep 2024
  • 1210 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
  • 1235 Views
Mindspace Business Parks REIT Sets Record with Over 2 Million Sq Ft Leasing in Q4

Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

By Admin

  • 1st May 2024
  • 1316 Views
K Raheja Corp to Transform Mumbai's First Mall into a 50-Storey Luxury Residential Tower

K Raheja Corp is redeveloping Mumbai's first mall, Sobo Central Mall, into a premium residential tower. It encompasses 1.3 acres in South Mumbai's premium Haji Ali neighbourhood and was launched in the late 1990s as Crossroads. A 50-story sea view skyscraper with almost 250,000 sq ft of development.

By Admin

  • 26th Apr 2024
  • 1385 Views
Why is There a Huge Disparity in Property Tax Between New and Old Luxury Towers in South Mumbai?

Luxury skyscrapers in South Mumbai impose financial challenges on occupants. Luxury living in south Mumbai is exemplified by Tardeo's 60-story Imperial Heights, with 220 apartments of various sizes. Maintaining and paying property tax might cost residents Rs 70,000 to Rs 2 lakh per month.

By Admin

  • 14th Feb 2024
  • 1340 Views
CMD Family of BDR Pharma Buys Luxury Apartments in Raheja Artesia, Worli for INR 81 Cr

The family of BDR Pharmaceuticals' Chairman & Managing Director bought two sea-view flats in Worli for roughly ₹81 crore, marking a significant investment in Mumbai's luxury real estate market. These apartments on the 39th livable level of the ultra-luxurious Raheja Artesia building have 6,670 sq ft

By Admin

  • 27th Dec 2023
  • 1379 Views
CG Power and K Raheja Corp Join Forces for Iconic Redevelopment in Mumbai

Crompton Greaves, CG Power & Industrial Solutions, and K Raheja Corp. are redeveloping CG House, its headquarters in affluent Worli. Over an acre of leasehold land is used for electricity production, transmission, distribution and rail transportation.

By Admin

  • 16th Dec 2023
  • 1320 Views
Bank of New York Mellon Leases 1.62 Lakh sqft Office Space in Pune From 315Avenue

Bank of New York Mellon Corporation (BNY Mellon), an American investment banking services holding company headquartered in New York City and a Fortune 500 corporation, has signed one of the most significant agreements of 2023 with 315Work Avenue.

By Admin

  • 3rd Nov 2023
  • 1405 Views
Raheja Mindspace REIT Plans to Develop 8 Lakh Sqft Property in Airoli, Navi Mumbai

K Raheja Corp-backed Mindspace Business Parks REIT aims to create an 8 lakh-square-foot mixed-use building with commercial offices and a luxury hotel in its Airoli east business park in Mumbai.

By Admin

  • 1st Nov 2023
  • 1467 Views
Raheja Developers Pledges INR 2000 Crore to Accelerate Project Delivery in Prime Locations

In a strategic move to expedite its real estate projects, Raheja Developers, one of India's premier real estate giants, has announced an investment of approximately Rs 2,000 crore spanning fiscal years 2024 to 2026.

By Admin

  • 5th Oct 2023
  • 1328 Views
What Makes Suchak Layout in Madh Island a Top Secret Destination For Luxury Villas in Mumbai?

Suchak Layout is a luxurious gated neighbourhood on Mumbai's Madh Island, a hidden treasure. It's across from Raheja Versova Island, or Raheja Exotica.

By Admin

  • 24th Sep 2023
  • 1390 Views
Step Into the Future of Luxury Living at Cyprus Raheja Versova Island

Experience true luxury at Cyprus Raheja Versova Island

By Admin

  • 17th Sep 2023
  • 1389 Views
Discover the Pinnacle of Mumbai Island Living at Raheja Versova Island

Raheja Versova Island is your dream home in Mumbai - nothing less.

By Admin

  • 8th Sep 2023
  • 1429 Views
Coworking Firm 315Work Leases Five Floors in Kalyani Nagar, Pune

315Work Avenue leased five floors and 162,000 square feet of office space in Pune's Raheja Woods' Kalyani Nagar locality for five years.

By Admin

  • 31st Aug 2023
  • 1413 Views
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