News

NDITA inked an MoU with Mumbai, Bengaluru, Chennai, Kochi, and Noida World Trade Centres during the Urban Infrastructure session of Biswabanga Mela Prangan of Bengal Global Business Summit, 2023.

Arete Group announced that Silox India purchased 35 acres of prime industrial land at PIP (Payal Industrial Park) in Dahej, Gujarat. Land was bought by Arete Group. Inorganic chemical company Silox India is based in Belgium.

Max Estates, Max Group's real estate company, received the certificate of completion and occupancy for Phase 2 of Max House, a boutique office complex in Okhla, South Delhi.

The Palladio, a 12,000-square-foot luxury building in New Delhi by KVIRAAJ, blends modernism with architectural heritage via design and décor. The project has four luxurious bedrooms, living areas, and a terrace-level gym.

Bangalore-based RMZ Corporation announced its decision to become an alternative asset owner. By 2029, the company aims to quadruple its rent-yielding real estate activities to USD 42 billion.

ABB and Titagarh Rail Systems are partnering to offer metro rolling stock propulsion systems in India. The partnership has won contracts to design and supply Gujarat metro carriage equipment.

Oberoi Realty, a leading Indian real estate developer, is entering the NCR sector. It entered NCR by buying 14,816 acres of prime land in Sector 58, Gurugram, Haryana, or 59,956.20 square metres.

Ginger Mumbai Airport is new from IHCL. Ginger will showcase its lean luxe style and service of vibrant, contemporary, and seamless hospitality in its flagship 371-key hotel near the domestic airport.

Naiknavare Developers, which builds community-oriented commercial and residential projects in Pune, Mumbai, and Goa, developed Aranya, a mid-luxury residential complex.

From January 2022 to October 2023, Indian real estate developers bought 3,294 acres of property, 44.4% of which was in Tier 2 and 3 cities.

Bangalore-based Puravankara, one of India's largest real estate developers, won the redevelopment rights for two Lokhandwala, Andheri west housing complexes. Puravankara's initial venture into western suburb redevelopment with this purchase is notable.

In an effort to transform the six-lane, 94-kilometer speed corridor into an eight-lane segment, MSRDC has initiated the enlargement of the Mumbai-Pune Motorway at two toll plazas.

Provident Housing launched Provident Deansgate on IVC Road in Bengaluru recently. This project excels by combining contemporary design with Manchester's townhouse-style architecture.

RMZ Spire in Hyderabad and Manyata Redwood in Bengaluru have signed WeWork India leases. Both buildings, which will begin construction in the next months, are in technical hubs.

Covie and Ashray Developers' exclusive project 'Jaswanti Bliss, Off BKC' will offer 400 co-living beds to BKC. This JLL-facilitated relationship boosts Covie's position in Mumbai's dynamic market. The unusual arrangement leases the whole inventory, including 94 contemporary 2 BHK homes over two wing