Articles

Real Estate Developer Macrotech's FY 2023 Pre-sales Increase by 34% to Over INR 12K Crores

Birla Estates, the real estate division of the Aditya Birla Group and a subsidiary of Century Textiles and Industries, has entered the Pune residential real estate market by purchasing 5.76 acres of land in Sangamwadi, Pune's central business district.

K Raheja Corp Homes, a real estate developer, has sold eight sea-view opulent residences in South Mumbai's Mahalaxmi neighbourhood to the Creative Group of Industries for roughly 155 crore.

The much-anticipated Thane Coastal road, which is intended to alleviate congestion on the Ghodbunder road, is likely to gain momentum as the MMRDA is expected to begin its tendering process shortly, according to officials.

Maharashtra Ready Reckoner Rates Unchanged in FY 2023-24

In March of 2023, Mumbai Real Estate Market Sales Climbed The Moon

Taloja Hill's voluntary three-year reforestation initiative by iNaturewatch Foundation has yielded significant results, including enhanced conditions for fauna, vegetation, soil, water, and eco-conservation.

With progress being made on the Navi Mumbai International Airport, the two development agencies in the Mumbai Metropolitan Area have revived the Airport Express Line.

Piramal Capital & Housing Finance sold TCG Urban Infrastructure Holdings two 22,524-square-foot office premises in the Bandra-Kurla Complex's TCG Financial Centre for over 110 crore, according to Mumbai real estate publications.

Two directors of Kandoi Textiles, a maker and exporter of packaging fabrics and bags, have purchased four sea-facing luxury residences in Walkeshwar, South Mumbai for Rs. 217 crore

The royal family of Travancore has inked a deal with Sahana Real Estate & Builders to sell the Travancore House and a plot of land with a central Delhi mansion and a Bengaluru property for Rs 250 crore, according to real estate media.

MLL and Ascendas-Firstspace are creating a one million-square-foot multi-client warehouse in Talegaon, Pune. The facility will be built in three stages, with the first 500,000 square feet expected to be operational by the end of the 2023–2024 fiscal year.

Attractive rental returns and potential capital appreciation in North Goa real estate is attracting property investors.

In March 2023, the BMC-governed area of Mumbai reported the sale of 12,421 residential units, generating state revenue in excess of Rs 1,143 crore.

Godrej Properties has bought a 4-acre parcel of land in Pune's affluent Koregaon Park neighbourhood. The company plans to construct a luxury project on this premium plot.