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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
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
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
  • 1187 Views
Understanding the 48% Surge in MMR Real Estate Prices - Key Drivers and Trends

The Mumbai Metropolitan Region (MMR) has seen real estate prices jump 48% in five years. MMR has become one of India's hottest real estate markets due to reduced unsold inventory and rising demand. A detailed look at what caused this massive surge.

By Admin

  • 4th Aug 2024
  • 1244 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
  • 1209 Views
Q2 2024 Indian Residential Property Sales Hit by Election, Heatwave, and Rising Prices

Election season, a heatwave, and rising property prices slowed Indian home sales in Q2 2024. This reduced unit sales by 8% from the previous quarter, according to a real estate consultancy group.

By Admin

  • 28th Jun 2024
  • 1235 Views
MMR Sees Significant 14% Drop in Unsold Apartment Inventory Over Six Years - ANAROCK Report

Over the previous six years, unsold flat stock in the Mumbai Metropolitan Region (MMR) has dropped 14%. On Thursday, ANAROCK Research said that unsold apartments fell from 2.23 lakh in the first quarter of 2018 to 1.93 lakh by March 2024.

By Admin

  • 25th May 2024
  • 1268 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
  • 1583 Views
2024: A Record-Breaking Year for Indian Residential Real Estate Market

The Indian housing market hit a new milestone in FY24, with sales reaching an all-time high over the past decade. A remarkable 5 lakh units were sold, marking a significant leap in the demand for homes.

By Admin

  • 31st Mar 2024
  • 1186 Views
The Marve Coast in Malad West Will Have a 3427 Acre Enclave Similar to BKC Soon!!

This is great news for Malad West real estate, inhabitants, and Mumbai suburbs. The Mumbai Metropolitan Region Development Authority (MMRDA) is the special planning authority for 1,387 hectares (3,427 acres) along Malad's western shore, reports said.

By Admin

  • 26th Dec 2023
  • 1520 Views
Credai-MCHI Golden Pillar Awards Second Edition on 15 December 2023 at Jio World Convention Centre, Mumbai

The second CREDAI-MCHI Golden Pillar Awards will honour and commemorate real estate's greatest accomplishments. These awards, which honour innovation, creativity, and quality, are important in real estate.

By Admin

  • 26th Nov 2023
  • 1355 Views
MahaRERA Takes Decisive Action - Seven Key Real Estate Projects Deregistered in MMR Region

In a bold initiative to demonstrate openness and regulatory supervision, MahaRERA deregistered seven key projects throughout the state. Developers recognise budgetary restrictions and lacklustre reception to their offers.

By Admin

  • 22nd Oct 2023
  • 1343 Views
Macrotech Developers Will Introduce 22 New Real Estate Projects by March 2024

To leverage on increased housing demand, Macrotech Developers Ltd. will build 22 new projects in Mumbai Metropolitan Region (MMR), Pune, and Bengaluru by March 2020, with an expected sales income of Rs 12,560 crore.

By Admin

  • 30th Jul 2023
  • 1307 Views
How Will The Mumbai Trans Harbour Link Facilitate Travel for Residents of Mumbai and Influence the Mumbai Real Estate Market?

The longest sea bridge in the country is currently being built in Mumbai. Connecting Sewri in South Mumbai to Chirle in Navi Mumbai, the Mumbai Trans Harbour Link (MTHL) is a massive civil project spearheaded by the MMRDA.

By Admin

  • 3rd May 2023
  • 1551 Views
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