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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
Runwal Realty Acquires Prime 4-Acre Land in Worli, Plans INR 8000 Crore Luxury Residential Project

Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.

By Admin

  • 27th Oct 2024
  • 1165 Views
Piramal Realty Project Receives Stop-Work Notice from MCGM as Notice Issued to Glider Buildcon Over Construction Dispute

News reports say the Municipal Corporation of Greater Mumbai (MCGM) has stopped construction at Piramal Realty subsidiary Glider Buildcon Realtors. The notice halts high-rise residential tower building near the Rani Baug Zoo in Byculla, South Mumbai.

By Admin

  • 12th Sep 2024
  • 1216 Views
Arnya Real Estate Fund Advisors Launches INR 1000 Crore Real Estate Debt Fund to Invest in Top Indian Cities

Arnya Real Estate Fund Advisors, an alternative investment management business, will launch its first real estate debt fund to invest in India's top eight property markets, raising around ₹1,000 crore. The Arnya Real Estate Fund—Debt offers a ₹1,000 crore green-shoe option.

By Admin

  • 10th Sep 2024
  • 1177 Views
Signature Global Invests INR 1144 Crore in Luxury Housing Project on Dwarka Expressway, Gurugram

Signature Global granted 1,144 crore construction contract to Ahluwalia Contracts for the building of its premium home project, De-luxe DXP, in Sector 37D of Gurugram next to the Dwarka Motorway. This ambitious project aspires to redefine luxury living in one of Delhi NCR's fastest-growing districts

By Admin

  • 10th Sep 2024
  • 1201 Views
Adarsh Developers Achieves Major Financial Turnaround by Repaying INR 750 Cr Edelweiss Debt

Adarsh Developers, a leading real estate developer, repaid a ₹750 crore structured financing arrangement from Edelweiss Alternative Asset Advisors in 2022 progressing towards financial stability.

By Admin

  • 3rd Sep 2024
  • 1170 Views
Golden Growth Fund to Raise INR 400 Crore for Luxury Land Acquisition in South Delhi

Golden Growth vehicle (GGF), a category-II alternative investment vehicle, aims to collect 400 crore for land purchase in South Delhi to create luxury apartments. After its first financing round, the fund bought property in South Delhi's posh Anand Niketan residential complex.

By Admin

  • 18th Aug 2024
  • 1207 Views
KIAL Commits INR 450 Crore to Revive Stalled Supernova Project by Supertech in Noida

Kotak Investment Advisors Ltd (KIAL) invested ₹450 crore in Supertech's ‘Supernova’ project in Sector 94, Noida. This large financial investment would revive the project, which Supertech had stopped owing to financial issues.

By Admin

  • 15th Aug 2024
  • 1210 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
Lansum Properties Acquires INR 200 Crore Land in Kokapet for Luxury Residential Development

Hyderabad-based Lansum Properties acquired a 3.6-acre Bengaluru land tract for over ₹200 crore. Sources say this outstanding Kokapet area would be developed into premium housing. Lansum Properties secured ₹250 crore from IndusInd Bank to fund this ambitious luxury project.

By Admin

  • 4th Aug 2024
  • 1281 Views
Discover The Pinnacle of Luxury Living at Birla Anayu, Malabar Hill

Birla Anayu, Birla Estates' stunning new Malabar Hill residential property, redefines luxurious living. This property effortlessly mixes contemporary facilities with stunning Arabian Sea and Mumbai skyline views, delivering unmatched luxury and elegance. Explore Malabar Hill's famous luxury project

By Admin

  • 31st Jul 2024
  • 1254 Views
How Did DLF Achieve a 23% Profit Increase in Q1FY25?

DLF reported a 23% year-on-year growth in net profit to ₹646 crore in Q1FY25. Outstanding growth was fuelled by ₹6,404 crore in sales bookings, a 214% rise from the previous year. The company's consolidated revenue increased 14% year-over-year to ₹1,730 crore.

By Admin

  • 26th Jul 2024
  • 1232 Views
Signature Global Titanium SPR in Sector 71, Gurugram Achieves Rs 2700 Crore in Sales

Signature Global's Titanium SPR residential property in Sector 71, Gurugram, sold well. Boston Consulting Group's digital sales process has generated approximately INR 2700 crore, with further sales likely when the allocation is finalised. This raises the bar for regional luxury homes.

By Admin

  • 4th Jul 2024
  • 1333 Views
Check Out Luxury Apartments at Brigade Insignia, Yelahanka, Bengaluru From INR 3 Cr to INR 9 Cr

Brigade Group unveiled Brigade Insignia, a luxury residential property in Yelahanka, Bengaluru. Six towers with 379 large 3, 4, and 5 BHK homes, including limited edition Sky Villas, cover 6 acres in this luxury property. The project has INR 1100 crore revenue potential.

By Admin

  • 4th Jul 2024
  • 1316 Views
Housing Market Boom Reduces Inventory Selling Time by 31 per cent - A Report by JLL

According to JLL, the time to sell active unsold housing inventory in India's top seven cities—Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata—has dropped 31%. Due to rising home demand, inventory liquidation took 22 months in Q1 2024, down from 32 months in 2019.

By Admin

  • 8th Jun 2024
  • 1266 Views
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