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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
MahaRERA Issues Warning - Over 300 Real Estate Projects Facing Insolvency

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.

By Admin

  • 14th Oct 2024
  • 1170 Views
What Are The Key Infrastructure Developments Driving Mumbai's Connectivity, Economic Growth, and Environmental Sustainability?

Mega projects in Mumbai are improving commuting, decreasing pollution, and boosting economic development. Bridges, metros, and roads are changing how the city moves, linking critical neighbourhoods and enhancing quality of life.

By Admin

  • 9th Oct 2024
  • 1167 Views
6 Key Reasons Why Rising Land Costs and Delays Are Slowing Down Indian Real Estate Projects

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.

By Admin

  • 4th Oct 2024
  • 1184 Views
Kanakia Spaces Enters into Major Redevelopment Projects in Borivali With INR 1100 Crore Investment

Kanakia Spaces entered two distinct agreements to undertake the redevelopment of large housing societies in Borivali, a prominent suburb in Mumbai.

By Admin

  • 4th Oct 2024
  • 1176 Views
212 Maharashtra Housing Projects Breach Regulations - Serious Concerns Raised by MahaRERA

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.

By Admin

  • 29th Sep 2024
  • 1217 Views
Arkade Developers IPO to Launch on September 16, 2024 - INR 410 Crore Fresh Equity Issue

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.

By Admin

  • 6th Sep 2024
  • 1197 Views
5 Reasons Why 2 Lakh New Flats in 3 Years Will Transform Mumbai and Pune's Housing Market

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.

By Admin

  • 3rd Sep 2024
  • 1198 Views
Kalpataru Files for Rs 1590 Crore IPO - Key Details and Strategic Plans

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.

By Admin

  • 17th Aug 2024
  • 1188 Views
Mumbai's Real Estate Visionaries Honored at Inaugural Times Redevelopment Awards 2024

As the first Times Redevelopment Awards 2024 honoured Mumbai's future leaders, the skyline shone with innovation. Though complicated, BMC Commissioner Dr. Bhushan Gagrani called redevelopment the ultimate answer to Mumbai's land problem, calling it innovation rather than repetition.

By Admin

  • 13th Aug 2024
  • 1196 Views
MMRDA to Lease BKC Plots to Raise INR 5,497 Crore for Infrastructure Development

The Mumbai Metropolitan Region Development Authority (MMRDA) plans to lease out seven plots in the Bandra-Kurla Complex (BKC) to earn 5,497 crore. This program finances Mumbai Metropolitan Region infrastructure projects.

By Admin

  • 4th Aug 2024
  • 1211 Views
Bollywood Star Kriti Sanon Invests in Alibaug at Sol de Alibaug by HOABL

Bollywood actress Kriti Sanon has invested in a 2,000 sq ft plot at The House of Abhinandan Lodha’s (HOABL) exclusive project, Sol de Alibaug, just 60 minutes by sea from South Mumbai.

By Admin

  • 12th Jul 2024
  • 1235 Views
Paradigm Realty to Redevelop 11 Housing Societies in Mumbai Across Mumbai

Paradigm Realty plans to redevelop 11 housing societies in Bandra and Kandivali, Mumbai, with a revenue potential of ₹4,500 crore. Over 2.8 million sq ft will be covered by the projects.

By Admin

  • 27th Jun 2024
  • 1239 Views
Sobha Group Targets INR 10,000 Crore Equity Capital and 5-Fold Sales Growth in Next Five Years

Sobha India, a subsidiary of the Dubai-based Sobha Group, wants to increase equity capital to ₹10,000 crore in the next five years. This ambitious goal will help the firm develop and enter new markets.

By Admin

  • 25th May 2024
  • 1268 Views
Why is Most Real Estate Construction Happening in Mumbai's Western Suburbs?

Mumbai's western suburbs are experiencing a real estate boom, with construction projects surging at an unprecedented rate.

By Admin

  • 20th May 2024
  • 1313 Views
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