News

Palava City, a smart township developed by Lodha, a prominent real estate investor, is expected to generate considerable income. The roughly 5,000-acre Palava City in Mumbai is estimated to earn over INR 8000 crore (USD 1 billion) yearly in the future years.
- 17th Jan 2024
- 1511 Views

Omaxe raised 450 crore from Kotak Mahindra Bank Limited. This strategy helped Omaxe repay a lot of its debt. This money paid off the April 2022 Värde Partners debt with Rs 290 crore.
- 17th Jan 2024
- 1417 Views

The Uttar Pradesh government plans to build a 1,000-acre metropolis near Ayodhya with traditional and modern architecture. Nitin Gokarn, the state's Additional Chief Secretary for Housing and Urban Development, said the government had bought land for 'New Ayodhya', a groundbreaking project.
- 17th Jan 2024
- 1497 Views

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.
- 16th Jan 2024
- 1422 Views

The Union Territory of Jammu and Kashmir has appointed Satish Chandra, the former chairman of the J&K Public Service Commission (J&K PSC), as the next head of the RERA.
- 15th Jan 2024
- 1503 Views

- Luxury Real Estate
- News
- Mumbai
South Mumbai, predictably, has delivered the first big ticket size luxury real estate deal of 204 in Mumbai. Vratika Gupta, the founder and CEO of luxury home decor store Maison Sia, has set a new benchmark in Mumbai's real estate market by acquiring a sea-view residence in the exclusive Worli loca
- 15th Jan 2024
- 1646 Views

India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.
- 15th Jan 2024
- 1414 Views

- Infrastructure
- News
- Mumbai
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.
- 12th Jan 2024
- 1467 Views

Vihang Group, a leading real estate developer, has launched four massive Thane projects. These projects cost above 850 crore rupees. They want to build around 5 million square feet of residential area in Thane micromarkets.
- 11th Jan 2024
- 1431 Views

The Uttar Pradesh government plans to create a 1200-acre Greenfield Township with an investment of around ₹2,180 crore. This proposal is a model for pilgrimage cities. Prime Minister will likely launch the initiative shortly.
- 11th Jan 2024
- 1611 Views

The Rural Electricity Corporation developed a massive residential complex in Gurugram, Haryana, improving staff welfare. This project shows REC's forward-thinking attitude to worker well-being by offering top-notch housing, health, and educational facilities.
- 11th Jan 2024
- 1431 Views

Singapore-based CapitaLand Investment Ltd. signed three significant MoUs with Tamil Nadu on January 9. The state would get around Rs 4,500 crore from this ambitious endeavour over five years.
- 11th Jan 2024
- 1363 Views

Brigade Enterprises Ltd. signed two MoUs with the Tamil Nadu government on January 8. This bold plan involves an investment of over Rs 3,400 crore in the state over the next three to four years.
- 11th Jan 2024
- 1438 Views

In the third quarter of fiscal year 24, Bengaluru-based real estate developer The Prestige Group earned Rs 5,326.1 crore. Over the last year, growth has been 111%. A January 9 regulatory filing indicated a 5.46 million-square-foot construction.
- 11th Jan 2024
- 1369 Views

In an innovative move, Nuvama Asset Management, the alternative investment arm of Nuvama Wealth Management, and Cushman & Wakefield have formed a joint venture to raise a 3,000 crore commercial property fund.
- 11th Jan 2024
- 1438 Views