News
- 959 Blogs
After learning that the 30 acres in Bandra East may not be finished until 2026, the Bombay High Court examined Goregaon for its new court complex. Due to government personnel living on 13 of the 30 acres, the State Public Works Department (PWD) indicated only 13 will be removed by March 2025.
- 21st Apr 2024
- 1166 Views
- Infrastructure
- News
- New Delhi
The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.
- 21st Apr 2024
- 1158 Views
Land record digitalization will be prioritised by the Indian government to streamline land procedures. The incoming government is likely to support this critical effort with roughly ₹1,035 crore. To speed up land acquisition and construction, the initiative seeks to digitise all land records by 2026
- 20th Apr 2024
- 1157 Views
Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.
- 14th Apr 2024
- 1177 Views
Thousands of families from Ramabai Ambedkar Nagar, a longtime Ghatkopar slum, are moving to high-rise housing in Vasan, Mumbai. The Slum Rehabilitation Authority (SRA) is finishing its survey work quickly to commence the Ramabai Ambedkar Nagar Development Project.
- 14th Apr 2024
- 1193 Views
Terravista Developers, an Adani Group affiliate, bought a 25-acre land in Haveli, Pune, to expand its data centre infrastructure. Leasehold rights from Finolex Industries enabled this Rs 471 crore ($56.6 million) investment.
- 13th Apr 2024
- 1180 Views
Mulund's Purvarang Society encouraged self-redevelopment out of fear of fraud, an encouraging gesture. This bold move resulted in the destruction of their old building and a lavish groundbreaking ceremony.
- 12th Apr 2024
- 1211 Views
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.
- 10th Apr 2024
- 1169 Views
Embassy Group invested Rs 1,160 crore in Indiabulls Real Estate. Preferential allocation brings additional cash into Indiabulls, enabling new South Indian real estate developments.
- 7th Apr 2024
- 1181 Views
Purevankara outperformed itself in 2024, selling Rs 5,914 crores, up 90% from Rs 3,107 crores in FY23. Customer collections increased by 60% to Rs 3,609 crores from Rs 2,258 crores last year.
- 7th Apr 2024
- 1180 Views
- Infrastructure
- News
- Mumbai
The Goregaon-Mulund Link Road will reduce Mumbai's traffic. This unique project, which includes two subterranean tunnels 4.70 km from Goregaon East, will speed up transit.
- 6th Apr 2024
- 1168 Views
MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.
- 6th Apr 2024
- 1187 Views
The Prestige Group, a renowned Indian real estate developer, has carefully bought 21 acres of prime Whitefield, Bangalore property. For the firm, this Rs 450 crore acquisition signifies a major expansion in one of the city's key IT corridors.
- 6th Apr 2024
- 1173 Views
- Co-working
- News
- Pune
Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.
- 6th Apr 2024
- 1168 Views
With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.
- 31st Mar 2024
- 1178 Views