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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.
- 3rd Nov 2024
- 1156 Views
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.
- 27th Oct 2024
- 1165 Views
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.
- 12th Sep 2024
- 1217 Views
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.
- 4th Aug 2024
- 1210 Views
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
- 31st Jul 2024
- 1254 Views
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.
- 4th Jul 2024
- 1333 Views
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.
- 8th Jun 2024
- 1266 Views
Sobha India, a subsidiary of the Dubai-based Sobha Group, wants to increase equity capital to ₹10,000 crore in the next five years. This ambitious goal will help the firm develop and enter new markets.
- 25th May 2024
- 1268 Views
Mumbai's western suburbs are experiencing a real estate boom, with construction projects surging at an unprecedented rate.
- 20th May 2024
- 1313 Views
Nearly a third of Godrej's extensive 3,000-acre land holdings, which have been part of the family assets since the early 1940s after acquisitions through government auctions and subsequent plot purchases, is poised for development.
- 8th May 2024
- 1293 Views
Godrej Properties, a significant real estate investor, plans to launch Rs 30,000 crore in residential projects in India's main cities this fiscal year. Due to strong demand, the firm wants to expand sales bookings by 20%.
- 7th May 2024
- 1273 Views
India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.
- 31st Mar 2024
- 1277 Views
With the completion of the Coastal Road project, Mumbai, known for its energy and drive, is about to change. This modern motorway along Mumbai's western shoreline is expected to change the metropolitan environment, particularly in luxury residential areas.
- 27th Feb 2024
- 1289 Views
L&T Construction has won a major contract to build multi-storied residential buildings in Thane, Mumbai. This project highlights the company's leadership in high-rise building and dedication to urban improvement.
- 24th Feb 2024
- 1403 Views
The core suburb of Dombivli in Mumbai is undergoing a major change. This busy business district is becoming a focus for luxury residential developments and integrated townships. This change in the real estate paradigm is driven by Dombivli's strong connectivity, making it appealing.
- 26th Jan 2024
- 1302 Views