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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.
- 11th Sep 2024
- 1148 Views
SEBI-registered alternative investment fund (AIF) Triveda Capital has raised 80 crore in its first close, aiming to raise 250 crore. Ranjan Pai, chairman of Manipal Education and Medical Group, led the investment, a milestone for the new fund.
- 18th Aug 2024
- 1184 Views
Nilima Prasad Divi, daughter of Divi's Laboratories founder Murali Divi, invested ₹80 crore in two prominent homes in Hyderabad's luxury real estate market.
- 25th May 2024
- 1425 Views
Wealthy Indians are increasingly channeling their investments into real estate markets in the UAE and Europe, driven by the allure of high rental yields and enhanced lifestyle options.
- 7th Mar 2024
- 1247 Views
The government's newest proposal in the Interim Union Budget for 2024-25 offers a comprehensive strategy to empower worthy middle-income people. Tenants in chawls, slums, and unauthorised colonies are being offered a chance to buy or build their own houses. A wider approach to improve quality of lif
- 9th Feb 2024
- 1316 Views
In an innovative move, Nuvama Asset Management, the alternative investment arm of Nuvama Wealth Management, and Cushman & Wakefield have formed a joint venture to raise a 3,000 crore commercial property fund.
- 11th Jan 2024
- 1304 Views
The second phase, "Bastion at Mahindra Citadel", was theatrically unveiled. Through a stunning drone show above Pune, the business painted a QR code in the night sky, giving viewers a virtual entryway to the Metaverse.
- 27th Oct 2023
- 1323 Views
Gurgaon's upscale real estate market is making waves with a staggering INR 100 crore transaction for a sprawling 10,000 square feet residence at DLF's The Camellias. Located on the city's coveted Golf Course Road, this property's value has seen a meteoric rise.
- 11th Oct 2023
- 1399 Views
The Wadia Group-owned Bombay Dyeing & Manufacturing Company (BDMC) will sell 22 acres of premium Worli property to a subsidiary of Japan's Sumitomo Realty & Development Company is buying the prime real estate for INR 5200 cr
- 14th Sep 2023
- 1332 Views
The Securities and Exchange Board of India (SEBI) has authorised the fractional real estate ownership platform hBits to raise over Rs 500 crore through a category II Alternative Investment Fund (AIF) for commercial real estate investments across India's major markets.
- 17th Jul 2023
- 1290 Views
According to a regulatory filing at the BSE, Oberoi Realty of Mumbai has purchased 6.4 acres of land from NRB Bearings Limited (NRB) in Thane's Pokhran Road.
- 27th May 2023
- 1378 Views
According to a study that was carried out in collaboration by India Sotheby's International Realty (SIR) and CRE Matrix, the luxury real estate market in Mumbai reached Rs 20,255 crore in 2021, which was the highest level in the past four years.
- 30th Aug 2022
- 1281 Views
The real estate development branch of Larsen & Toubro, known as L&T Realty, recently made an announcement on their expansion goals for the Mumbai real estate market in an effort to boost market expansion.
- 23rd Jul 2022
- 1345 Views
Tata Housing has sold plotted developments in Devanahalli, Bangalore worth INR 130 Crore in 36 hours flat creating a buzz in the Bangalore real estate market and the Indian real estate market overall.
- 6th Apr 2022
- 1891 Views
DB Realty told the stock markets on February 9 that it intends to offer 50 million convertible warrants to non-promoter investors including Rakhesh Jhunjhunwala's RARE Enterprises.
- 9th Feb 2022
- 1480 Views