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Hindustan Unilever (HUL), a major consumer products company, leased a 600,000-square-foot warehouse in Bhiwandi, near Mumbai. The Mumbai Metropolitan Region (MMR)'s biggest warehouse transaction in recent years is this 7-year arrangement.
- 24th Oct 2024
- 1174 Views
The state cabinet accepted the transfer of 140 acres of Malwani and Aksa property from the suburban collector for the ambitious Dharavi Redevelopment Project. Land will be utilised for rental homes for slum inhabitants ineligible for free housing under the project.
- 14th Oct 2024
- 1192 Views
MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.
- 14th Oct 2024
- 1168 Views
The Maharashtra Housing and Area Development Authority (MHADA) would increase application opportunities. In March and June 2025, the Mumbai Board will hold a lottery for 3,000 residences. Patrawala Chawl in Goregaon may provide 2,500 of these dwellings.
- 9th Oct 2024
- 1165 Views
The state government is granting developers Floor Space Index to overcome legal issues regarding salt pan land availability in Dharavi's redevelopment. In return for building rental accommodation for ineligible Dharavi inhabitants, the saleable components of the project will get an FSI of 1.33.
- 6th Oct 2024
- 1179 Views
Mumbai, India's biggest and most expensive real estate market, is breaking records in 2024. In the first nine months, property registrations increased by 12%, surpassing 105,000 deals, while stamp duty revenues increased by 6%, reaching over ₹8,892 crore.
- 4th Oct 2024
- 1193 Views
Kanakia Spaces entered two distinct agreements to undertake the redevelopment of large housing societies in Borivali, a prominent suburb in Mumbai.
- 4th Oct 2024
- 1176 Views
Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.
- 29th Sep 2024
- 1216 Views
Homebuying requirements have changed drastically in recent years. Along with contemporary amenities, housing sizes and kinds are increasingly important in real estate developments. By providing different-sized houses, developers are catering to customers.
- 24th Sep 2024
- 1183 Views
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.
- 15th Sep 2024
- 1208 Views
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.
- 11th Sep 2024
- 1190 Views
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:
- 11th Sep 2024
- 1169 Views
Gautam Adani, chairman of the Adani Group, said the Dharavi rehabilitation project is more than urban regeneration; it will change the lives of nearly one million people in one of the world's greatest slums. Adani said at Mumbai's Jai Hind College that the project would restore Dharavi's dignity.
- 6th Sep 2024
- 1193 Views
In Mumbai, Bajaj Finserv chairman Sanjiv Bajaj said Bajaj Housing Finance should become the "HDFC of the future." He observed that the mortgage giant left the industry after a reverse merger with its banking business, creating this opportunity.
- 3rd Sep 2024
- 1188 Views
The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.
- 3rd Sep 2024
- 1198 Views