Mumbai-based industrial real estate developer Godwitt Construction has announced plans to double its operational footprint to 1 crore square feet by 2029, while launching specialized verticals in cold storage infrastructure and blue-collar workforce housing across India's key industrial corridors.

Otis India has secured a major contract to supply 169 high-speed elevator systems for My Home Group's luxury residential developments in Hyderabad, marking a significant partnership in India's premium housing sector.

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.