Lodha Ventures has rebranded as Abhinandan Ventures following a trademark settlement, signaling a fresh strategic direction focused on innovation, plotted development, and modern housing trends in India's real estate market.

Tribeca Developers has appointed seasoned real estate executive Dharam Mehta to spearhead its new Estates vertical focused on plotted development and hospitality.

With a combined development scope of 3.1 mn sq. ft., HoABL’s vertical debut includes commercial, residential, and township projects targeting a massive revenue potential.

A recent study highlights a gradual reduction in slum-covered land in Mumbai’s peninsular region, dropping by 8.6% over 17 years. From 47.7 sq km in 2005, the slum area declined to 43.6 sq km in 2022, revealing a dynamic transformation in one of India’s most densely populated cities.