Omkar Realtors has opened bookings for Tower B at Alta Monte in Malad East, Mumbai. Mumbai's western suburbs' highest four-towered skyscraper with 1200 spacious flats. Towers A, C, and D were completed.

Phoenix ARC, backed by Kotak Mahindra Bank, bought two stressed loans for ₹1,800 crore from IIFL, committing to an 83% recovery rate for the Fairfax-supported non-bank lender. The ₹1,500 crore acquisition was made in an open auction, with Phoenix ARC being the lone bidder.

IKIGAI Goa, a pioneering senior housing property near Panjim, Goa's dynamic capital, is proudly launched by Manasum Senior housing and Prescon Homes. IKIGAI Goa will open within 90 to 120 days with 240 luxurious, fully serviced one- and two-bedroom homes for contemporary seniors.

MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.

Awfis, India's leading flexible workspace provider, opened its largest facility in Bhubaneswar, Orissa, to promote creativity and cooperation. The breadth of Awfis's network makes it the leader in flexible workplaces, and its expansion development and potential in Tier II cities of India.

In one week after opening, Tata Housing sold out Raagam Phase 1, earning over Rs 650 crores. This amazing sale of 576 plots encompassing 9 lakh square feet shows Bengaluru's significant demand for luxury residential areas.

Mumbai will complete an important infrastructural milestone when the first section of the Gokhale Bridge in Andheri is finished in March 2024. After a 15-month break, the bridge will partly open to light motor vehicles (LMVs) by the end of the month, easing commutes for many drivers.

The Infibeam Avenues-commissioned Artificial Intelligence and Technology Extension Hub in Ahmedabad will be built by Colliers. With plans to open within 18 months, this new building is an expansion of the planned AI centre in GIFT City, Gujarat.

Imagine stepping into a living space that mirrors the luxury and service of a premier hotel, yet feels unmistakably like home. This is the essence of Squarefeet Group's new project.

India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.

Narendra Modi opened the Mumbai Trans Harbour Link (MTHL), also known as Atal Bihari Vajpayee Sewri Nhava Sheva Atal Setu, for public commuters. This massive six-lane sea bridge, 21.8 km long and 16.5 km across the sea, shows India's infrastructure.

Indian

The Delhi Development Authority's two-day live e-auction for their 2023 housing programme debuted well. Buyers bought 274 units on the first day. According to a senior official, there are 129 MIG apartments, 138 super HIG flats, and seven luxury penthouses.

Ayodhya's real estate market is booming as the Ram Mandir's grand opening draws the elite of Indian politics and commerce. The city's property and land values have quadrupled, rivalling Uttar Pradesh's major cities. Local and national investors are drawn to this upturn.

With its Thane project, Dosti Realty is pioneering large-scale social regeneration. This ambitious makeover, with a BUA of 6 to 6.5 lakh square feet, is expected to produce Rs 430 crore. Opening in 2024-25, the project is scheduled to finish in 2027.