You Searched for: real estate company
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
  • 1168 Views
Stamp Duty Hike in Maharashtra? State Revenue Set to Increase by INR 150 Crore Annually

The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.

By Admin

  • 4th Oct 2024
  • 1201 Views
Sumitomo Acquires Prime 2 Acre Worli Land from Bombay Dyeing for INR 440 Crore Strengthening Its Presence in Indian Real Estate

Japan’s Sumitomo Corporation Group has made a major move in Mumbai’s real estate market by acquiring a nearly 2-acre prime land parcel in Worli from the Wadia Group’s Bombay Dyeing & Manufacturing Company for ₹440 crore. This deal further solidifies Sumitomo’s presence Indian real estate.

By Admin

  • 11th Sep 2024
  • 1209 Views
Deloitte India Leases 81000 Sq Ft in Oberoi Commerz 3 at Goregaon East at INR 2 Crore Monthly Lease

Deloitte India has secured over 81,000 sq ft of luxury office space on two floors of the Oberoi Commerz III skyscraper in Goregaon, Mumbai's busy western district. This strategic move is part of the company's long-term expansion strategy, with a five-year lease beginning November 1, 2024.

By Admin

  • 8th Sep 2024
  • 1245 Views
Flex Space Demand in India Set to Reach Unprecedented Heights in 2024

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

By Admin

  • 3rd Sep 2024
  • 1198 Views
Supreme Court Clears NBCC to Build Additional Flats Worth INR 15,000 Crore at Amrapali, Aiming to Deliver Stalled Homes to 16,000 Buyers

The Supreme Court has granted permission to state-run NBCC (India) to generate an additional ₹15,000 crore by developing extra flats within the Amrapali projects. This move is intended to address the delivery of stalled homes to approximately 16,000 homebuyers, according to company executives.

By Admin

  • 31st Aug 2024
  • 1229 Views
Australia's REA Group to Launch First India GCC in Gurugram, Expanding Workforce to 10% of Global Team

REA Group, an Australian digital real estate advertising company, will launch its first India Global Capability Centre (GCC) in Gurugram in October. Steve Maidment, the company's chief technology officer, intends to raise India's employment to 10% of its worldwide team within two years.

By Admin

  • 31st Aug 2024
  • 1361 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
  • 1269 Views
Atmosphere Living, A Dubai Company to Jointly Develop Luxury Hotel and Villas in Mussoorie

In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.

By Admin

  • 4th Aug 2024
  • 1327 Views
Godrej Family Office Sells Stake in Sobha for INR 858 Crore

Nearly half of the ownership in Bengaluru-based real estate developer Sobha was sold in block agreements for around ₹857.70 crore by a company owned by the Godrej Industries Group family office.

By Admin

  • 27th Jul 2024
  • 1211 Views
French Pharma Sanofi India to Sell Headquarters in Mumbai, Powai

Sanofi, the Indian arm of the French pharmaceutical giant, is set to divest its Headquarters in Mumbai , a standalone building in the posh Powai locality. This building, spanning over 150,000 sq ft, currently houses the company’s country headquarters.

By Admin

  • 20th Jul 2024
  • 1227 Views
ICICI Prudential AMC Acquires Office Tower in Kalpataru Infinia, Santacruz, Mumbai for INR 315 Cr

Ixora Properties, Kalpataru's affiliate, sold ICICI Prudential Asset Management Company a Santacruz commercial skyscraper for about INR 315 crore. The asset management firm will move inside Kalpataru Infinia's new facility.

By Admin

  • 3rd Jul 2024
  • 1223 Views
Central Park of NCR Gears Up for IPO - Realty Biz to Go Public

Central Park, a Bakshi Group company comprising infrastructure, hotel, and automotive businesses, plans to go public in 2-3 years. A top official said the corporation wants to capitalise on its expansion and pipeline.

By Admin

  • 18th Jun 2024
  • 1262 Views
Godrej & Boyce Sells 58,500 sq ft Office Space in Vikhroli to Godrej Industries for INR 157 Crore

Godrej & Boyce Manufacturing Company sold an approximately 58,500 sq ft office across two floors in Godrej One, Vikhroli, Mumbai, to Godrej Industries for ₹157 crore. This is a significant Godrej Group real estate deal.

By Admin

  • 29th May 2024
  • 1306 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
  • 1277 Views
Subscribe to our Newsletter

Get regular updates on news, analysis, trends & more on the real estate industry for free.