Real estate purchases without due diligence raise financial risks. Proper procedures reduce risks and maximise profits. With so many inexpensive house ads, be careful and check all promises.

Nearly a third of Godrej's extensive 3,000-acre land holdings, which have been part of the family assets since the early 1940s after acquisitions through government auctions and subsequent plot purchases, is poised for development.

Sparkle Two Mall Developers, a fully owned subsidiary of The Phoenix Mills, paid Rs 429 crore for an 11-acre plot in Majiwada, Thane.

K Raheja Corp, one of India's major real estate development companies, spent Rs 130 crore to buy a 3.72-acre block of land on LBS Marg in Mulund West, Mumbai, according to Mumbai real estate news.

Godrej Properties, a major player in the Indian real estate market, plans to buy a number of plots of land this fiscal year

Ajmera Realty Purchases Vikhroli Land From Tata Communications Ltd. The projected gross sales value of the purchase of the 5,017 square metre plot is Rs 550 crore, and it would be used for a residential complex providing 1/2/3 BHK.

MMA Developer and Saroj Landmark Realty LLP sold floor space index (FSI) rights for 153,000 square feet in Wadala, central Mumbai, to K Raheja Corp for over 275 crore Indian Rupees.

In some great news for Thane real estate market and the property market in Majiwada, AWS has bought a huge 60 Acre plot of land in Majiwada. This will surely act as a big boost for the commercial real estate market in Thane and surrounding areas.