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.

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

The Group of Ministers (GoM) on real estate has eliminated GST exemptions on private long-term land leases, a critical step. Tourism firms requesting exemptions are affected by this ruling. The meeting additionally discussed important subjects including housing society construction service taxation.

The House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb, a significant step towards urban renewal. These redevelopment projects, which encompass approximately 15 acres, offer a development potential of over 1.7 million square feet.

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.

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.

NBCC has sold 533,000 sq ft of commercial space in two New Delhi developments, earning nearly ₹2,251 crore. The World Trade Centre project in Nauroji Nagar and the Sarojini Nagar Downtown project are both sold out, a major milestone for the firm.

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.

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.

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

Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.

Kochra Realty Acquires Stressed Residential Project in Dahisar For a Staggering INR 700 crore. Kochra Realty Acquires Stressed Residential Project in Dahisar For a Staggering INR 700 crore -

On August 1, 2023, Pune-based Kolte Patil Developers Limited (KPDL) announced two new society re-development projects in Bangur Nagar, Goregaon west, Mumbai's western suburbs.

Kolte-Patil Developers has engaged into agreements to execute two housing society redevelopment projects with a total saleable area of 7.3 lakh sq ft in the Mumbai Metropolitan Region (MMR).

The Maharashtra Housing & Area Development Authority (MHADA) has submitted proposals to the state government for three significant Mumbai redevelopment projects that are expected to impact the city's real estate market.