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Slum Areas See a 17-Year Shift in Mumbai's Urban Fabric

A recent study highlights a gradual reduction in slum-covered land in Mumbai’s peninsular region, dropping by 8.6% over 17 years. From 47.7 sq km in 2005, the slum area declined to 43.6 sq km in 2022, revealing a dynamic transformation in one of India’s most densely populated cities.

By Admin

  • 12th Nov 2024
  • 1152 Views
Hiranandani's Bold INR 12,500 Crore Vision - Redefining Luxury Living and Commercial Spaces in Mumbai

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.

By Admin

  • 3rd Nov 2024
  • 1156 Views
Birla Estates Buys Prime Kalwa Land Near Thane-Belapur Road

Indian Proptech Portal GHAR reports that Birla Estates, the Aditya Birla Group's real estate subsidiary, has made a major move in Mumbai. For ₹537.42 crore, the business bought a 24.5-acre block of land in the Mumbai Metropolitan Region (MMR) in Kalwa on the Thane-Belapur Road.

By Admin

  • 15th Sep 2024
  • 1179 Views
Mumbai Metro 1 Achieves Historic 5 Lakh Daily Ridership Milestone

Mumbai Metro 1, which serves Versova-Andheri-Ghatkopar, reached 5 lakh daily ridership. The corridor has never had such a high number on a weekday in its 10 years. Ridership increased due to Metro expansion and good weather.

By Admin

  • 17th Aug 2024
  • 1171 Views
Sewri-Worli Link to Open in Dec 2025 - 37 km Metro Network Expansion Announced

Deputy Chief Minister Ajit Pawar says the Sewri-Worli link would open in December 2025. Furthermore, 37km of new Metro lines will be inaugurated this fiscal year.

By Admin

  • 29th Jun 2024
  • 1291 Views
Expansive Growth Awaits India's REIT Office Market A Lucrative Future Envisioned

The Indian real estate investment trust (REIT) market is on the brink of a monumental expansion, poised to redefine the landscape of office real estate.

By Admin

  • 19th Feb 2024
  • 1281 Views
The Complete Guide to Kandivali Real Estate 2024

Kandivali combines old world beauty with contemporary elegance in Mumbai's western suburbs. This GHAR guide explains why Kandivali is more than just another Mumbai suburb and a growing centre for luxury real estate and infrastructure development, making it appealing to homeowners and investors.

By Admin

  • 27th Jan 2024
  • 1273 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

By Admin

  • 20th Dec 2023
  • 1421 Views
Indian Housing Market Sales Value to Touch Almost INR 5 Lakh Crore in 2023

The overall value of housing inventory sold in 2023 would reach Rs 4.5 lakh crore, up 38% from 2022's Rs 3.27 lakh crore. Anarock Group research shows strong housing market expansion.

By Admin

  • 20th Dec 2023
  • 1328 Views
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