News

Prestige Estates in Bangalore has launched a new highrise residential property in Whitefield, an IT hotspot. Prestife Glenbrook has a Rs 550 crore revenue potential.

According to Zapkey.com paperwork, Everest Food Products Private Limited's promoter bought an apartment in Oberoi Realty's luxurious Three Sixty West in Worli for Rs 73.50 crore.

Godrej Properties Limited (GPL), the Godrej Group's real estate company, will soon start building a 2 lakh-square-foot residential property. They bought Raj Kapoor (RK)'s Chembur home in February 2023.

Prateeksha, the renowned villa situated in Juhu, Mumbai, has been donated to Shweta Nanda, the daughter of Bollywood superstar Amitabh Bachchan.

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.