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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
Delhi-NCR Based Anant Raj Accelerates Expansion with INR 2000 Crore QIP to Drive Development and Financial Growth

Anant Raj, a renowned Delhi-NCR real estate developer, aims to raise up to INR 2,000 crore via a QIP. The funds will fund project expansion and new initiatives in high-demand areas.

By Admin

  • 31st Oct 2024
  • 1153 Views
A Plan to Develop a New Expressway Adjacent to Mumbai-Pune Expressway is Underway

A plan to construct a new expressway adjacent to the Mumbai-Pune Expressway is now underway. The first phase of this project will stretch from JNPA (Jawaharlal Nehru Port Authority) to Chowk (Karjat). The highway will later extend from Chowk towards Pune and eventually reach Bengaluru.

By Admin

  • 20th Sep 2024
  • 1214 Views
Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds

Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.

By Admin

  • 15th Sep 2024
  • 1177 Views
With INR 800 Crore Revamp IIM Mumbai Aims for Global Leadership in Management Education

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.

By Admin

  • 11th Sep 2024
  • 1188 Views
The Chapter, an Isprava Company, to Invest INR 850 Crore in Developing Luxury Villas Across Key Leisure Destinations in India

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

By Admin

  • 30th Aug 2024
  • 1268 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
  • 1290 Views
Signature Global Buys INR 350 Cr Land in Gurugram for Luxurious Housing Project

Signature Global, a real estate company, has purchased 14.65 acres of property in Gurugram for ₹350 crore to create a large housing complex as part of its development strategy. The corporation bought property in Sector 37D, near the fast-growing Dwarka Motorway.

By Admin

  • 22nd May 2024
  • 1276 Views
Mindspace Business Parks REIT Sets Record with Over 2 Million Sq Ft Leasing in Q4

Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

By Admin

  • 1st May 2024
  • 1313 Views
Bangalore-based Prestige Estate to Double Hospitality Holdings with INR 1700 Crore Investment

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

By Admin

  • 1st May 2024
  • 1317 Views
Lodha Targets INR 21,000 Crore in New Projects Amid Booming Indian Real Estate Market

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.

By Admin

  • 28th Apr 2024
  • 1276 Views
India Office Real Estate Set for Robust Growth Driven by Tech and Services Expansion

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.

By Admin

  • 21st Apr 2024
  • 1331 Views
Rapid Progress of SRA in Ramabai Ambedkar Nagar Development Highlights Speed of Urban Renewal

Thousands of families from Ramabai Ambedkar Nagar, a longtime Ghatkopar slum, are moving to high-rise housing in Vasan, Mumbai. The Slum Rehabilitation Authority (SRA) is finishing its survey work quickly to commence the Ramabai Ambedkar Nagar Development Project.

By Admin

  • 14th Apr 2024
  • 1582 Views
Shriram Properties Eyes Pune for Expansion

Shriram Properties plans to expand in Pune, the second-largest property market in the country due to its rapid growth. Shriram Properties is expanding into Pune as part of its expansion plan.

By Admin

  • 14th Feb 2024
  • 1265 Views
Prestige Group to Expand Retail Real Estate With 9 Million Sq Ft of New Mall Space

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

By Admin

  • 14th Feb 2024
  • 1291 Views
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