General

Kingmaker Developers, a Rustomjee Group affiliate, bought 100% ownership and preference shares of DB Realty's Realgem Buildtech for about Rs 231.42 crore. This allows Keystone Realtors, a Rustomjee Group subsidiary, to buy Rustomjee Crown, a luxury residential complex in Prabhadevi, Mumbai.

Kinnteisto LLP, funded by Rekha Jhunjhunwala, bought office property in BKC and Andheri buildings for 740 crore.

After paying 1,601 crore for the 22-floored Air India Building in Nariman Point, which has transformed Mumbai's reclaimed southern tip into one of Asia's largest and most expensive financial districts, several Maharashtra government departments will move in.

MindSpace Real Estate Investment Trust (REIT) has initiated an innovative endeavour known as the Integrated Management of Operations Centre (IMOC) project, which aims to reconfigure the industry environment.

Nariman Point, Lower Parel, and BKC are major Mumbai commercial real estate areas. Andheri East is a prominent major commercial centre in Mumbai's western suburbs.

Trehan Iris finished Omega office superstructure. This superstructure is part of "Iris Broadway Greno West" a 1 million-square-foot premium retail-led mixed-use development and entertainment attraction.

Axis Bank and Mahindra Lifespace Developers (MLDL), the Mahindra Group's infrastructure and real estate subsidiary, partnered. This agreement allows Mahindra Lifespaces customers to get house loans at 0.25% lower than usual rates.

Group 108 has unveiled One FNG, an IT/ITES initiative, as its most recent undertaking. Constituting an investment of one thousand crore rupees, ONE FNG is situated in close proximity to the Faridabad–Noida–Ghaziabad (FNG) motorway.

The Chennai real estate market has faced unprecedented challenges, according to the September 2023 CREDAI RAW Report. CREDAI Chennai's report covers sales, residential projects, and registration fee increases.

Walton Street BlackSoil, renamed WSB Real Estate Partners, wants to raise more money. With its 700-crore second fund expected to be fully deployed in a few months, the business is focused on south Indian markets.

Lodha, or Macrotech Developers, is on track to beat its fiscal year predictions. Real estate professionals are excited as the business is on course to exceed its FY24 gross development value (GDV) of INR 17,500 crore in the first half.

The Confederation of Indian Industry (CII) has announced the upcoming Excon 2023 in Bengaluru, a monumental event that solidifies South Asia's standing in the construction equipment domain.

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.

The state-owned construction giant NBCC sold 4 lakh square feet of premium office property in Nauroji Nagar, South Delhi, in a landmark real estate deal.

Mumbai real estate, the centre of the Indian property sector, saw a dazzling increase in registrations during Navratri. Under BMC's oversight, property registrations rose to 4,594 units from October 15th to 23rd, 2023.