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Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.
- 27th Oct 2024
- 1128 Views
Rushabh and Vrutika Satra, second-generation leaders of Satra Corp, are leading Mumbai's rebuilding. Satra Corp has become an industry leader by emphasising spacious design, safe settings, and vibrant communities.
- 6th Oct 2024
- 1168 Views
High land prices and lengthy clearance delays are limiting Indian real estate project debuts. Land acquisition, regulatory difficulties, and legal issues are causing a supply-demand mismatch in Mumbai, Bengaluru, and Delhi-NCR.
- 4th Oct 2024
- 1158 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
- 1158 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
- 1159 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
- 1165 Views
Arkade Developers will have a Rs 410-crore IPO on September 16, 2024. A new equity share issuance, the IPO, will be offered for public subscription until September 19. The anchor investor bidding window opens on September 13 before the public offering.
- 6th Sep 2024
- 1179 Views
Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.
- 6th Sep 2024
- 1182 Views
Mumbai-based real estate developer Kalpataru filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 1,590 crore through an IPO. All revenues (minus IPO expenditures) will benefit the firm because the IPO is a fresh equity share issuance with no offer-for-sale component.
- 17th Aug 2024
- 1174 Views
SEBI's obligatory sustainability reporting has expedited green building uptake by occupiers, investors, and developers. This legislative focus is changing India's real estate environment, especially green-certified office leasing.
- 15th Aug 2024
- 1206 Views
A special purpose vehicle set up by the government with Adani Realty as the lead developer, the Dharavi Redevelopment Project Pvt Ltd (DRPPL), and the Slum Rehabilitation Authority have sought 1,255 acres from various government agencies.
- 4th Aug 2024
- 1190 Views
This extensive list on Ghar including an analysis of India's major real estate businesses and industry trends highlight Mumbai's supremacy in the sector.
- 14th Jul 2024
- 1222 Views
In Mumbai, where 40% live in slums, finding a house is difficult. Despite government pledges, many slum redevelopment programmes are unfinished or controversial. Example: Hari Nagar-Shivaji Nagar SRA Housing Society.
- 19th May 2024
- 1266 Views
The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.
- 2nd May 2024
- 1376 Views
Lodha, known as Macrotech Developers, expects robust housing market expansion in 2024-25. Over ₹21,000 crore in new projects are planned by the corporation, after a ₹20,300 crore boost last year.
- 28th Apr 2024
- 1261 Views