News

In October 2022, Mumbai, India's biggest and most expensive real estate market, continued to collect stamp duty at a record rate, as the holiday season spurred home-buying activity.

BMC Releases Tender For Goregaon-Mulund Link Road Tunnels

The Aga Khan Development Network Unveils INR 200 Crore Luxury Real Estate Project in Mazgaon, South Central Mumbai

Welspun One Logistics Parks (WOLP), a finance, development, and asset management company, signed a Memorandum of Understanding (MoU) with the Government of Karnataka to strengthen its position in the southern India warehousing business and invest Rs 2,000 crore in the state.

In some great news for Thane real estate market and the property market in Majiwada, AWS has bought a huge 60 Acre plot of land in Majiwada. This will surely act as a big boost for the commercial real estate market in Thane and surrounding areas.

Godrej Properties, the Godrej Group's real estate development business, has signed into an agreement to purchase a 50-acre block of land in the rapidly developing micro market of the Manor neighbourhood in Palghar, near to Mumbai.

Directorate General of Civil Aviation (DGCA), India's aviation regulator, has awarded an aerodrome licence to the upcoming Mopa airport in Goa, paving the way for commercial flights to commence soon.

Smartworld Developers, With Headquarters in Gurgaon, Raise INR 250 Cr For Expansion

Shriram Properties & ASK Property Fund Plan an Investment Platform for Housing Projects

Asian Paints, India's largest decorative paint company, leased 120,000 square feet of office space in Lower Parel, Mumbai.

Omkar Shirhatti, co-founder and chief executive officer of Karza Technologies, has purchased a magnificent duplex in the Bandra West neighbourhood of Mumbai's Samarpan building for INR 47.7 crore.

Purvankara Asset Management invested Rs 93 crore from its second alternative investment fund (AIF-II) in a Chennai project.

JSW Steel has purchased a 30.5-acre parcel of property in Pen, adjacent to its 10-mtpa integrated steel facility in Dolvi, near Mumbai.

According to Mumbai property specialists, the number of property sale registrations in BMC-registered Mumbai in September 2022 exceeded 8,600 units. These property registrations generated around 7341 Cr rupees to the economy of Maharashtra.

Confidential sources claim that Reliance Industries chairman Mukesh Ambani spent a staggering USD 163 million (about INR 1,349.60 crore) for a mansion on Dubai's Palm Jumeirah.