News
- Senior Living
- News
- Bangalore
Primus Senior Living got $20 million in early financing from General Catalyst. The investment includes Gruhas co-founder Nikhil Kamath and Abhijeet Pai. Prime Senior Living founder and managing director Adarsh Narahari announced.
- 21st Oct 2024
- 1125 Views
- Corporate Leasing
- News
- Pune
Tata Toyo Radiator, a joint venture comprising Tata AutoComp Systems, T RAD Co, and Mitsubishi, leased a 250,000-square-foot facility in Khed, Pune. The 10-year lease expands the company's supply chain infrastructure.
- 19th Oct 2024
- 1131 Views
India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.
- 19th Oct 2024
- 1133 Views
- Infrastructure
- News
- Bhubaneswar
Massive Odisha Investment Vedanta plans to spend ₹1 lakh billion in Odisha to build a 6 million tonne alumina refinery and a 3 million tonne aluminium factory. Despite having no deadline, this investment is projected to strengthen the state's manufacturing sector and generate jobs.
- 19th Oct 2024
- 1132 Views
Kotak Mahindra Bank would buy Standard Chartered Bank India's ₹4,100 crore personal loan portfolio. This transaction should be completed in three months, pending regulatory clearances and closing conditions. The loans purchased are conventional, easing the transfer for banks and clients.
- 19th Oct 2024
- 1128 Views
MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.
- 14th Oct 2024
- 1146 Views
The state cabinet accepted the transfer of 140 acres of Malwani and Aksa property from the suburban collector for the ambitious Dharavi Redevelopment Project. Land will be utilised for rental homes for slum inhabitants ineligible for free housing under the project.
- 14th Oct 2024
- 1150 Views
The Maharashtra houses and Area Development Authority has long promised affordable houses. However, a recent decision has caused major changes in low-income property pricing between 2023 and 2024.
- 10th Oct 2024
- 1158 Views
- Infrastructure
- News
- Navi Mumbai
IAS officials, including Dharavi Redevelopment Project (DRP) CEO SVR Srinivas, Cidco president Vijay Singhal, and BMC associate municipal commissioner Abhijit Bangar, discussed city initiatives during the Maharashtra Infrastructure Conclave.
- 10th Oct 2024
- 1159 Views
One National Real Estate will conduct the 16th Annual NYC Real Estate Expo at the New York Hilton Midtown on October 16. Industry professionals will explore global, national, and local real estate prospects throughout a day of networking, panels, and exhibits.
- 10th Oct 2024
- 1128 Views
The Maharashtra Housing and Area Development Authority (MHADA) would increase application opportunities. In March and June 2025, the Mumbai Board will hold a lottery for 3,000 residences. Patrawala Chawl in Goregaon may provide 2,500 of these dwellings.
- 9th Oct 2024
- 1145 Views
Housing finance firms (HFCs) want the government's Credit Risk Guarantee Fund Trust for Low-Income Housing reformed. The idea aims to enhance house loan guarantee cover to ₹25 lakh, up from the present maximum of ₹5 lakh, as per sources.
- 9th Oct 2024
- 1157 Views
In the September quarter, institutional inflows into India's real estate market showed high confidence from local and foreign investors. Colliers reported a 6.8-fold increase in office investments to $600 million in Q3 2024.
- 7th Oct 2024
- 1150 Views
- Redevelopment
- News
- Mumbai
The state government is granting developers Floor Space Index to overcome legal issues regarding salt pan land availability in Dharavi's redevelopment. In return for building rental accommodation for ineligible Dharavi inhabitants, the saleable components of the project will get an FSI of 1.33.
- 6th Oct 2024
- 1153 Views
- Infrastructure
- News
- Mumbai
After 2.5 years of construction, the west-to-east Mith Chowky flyover in Malad will open to automobiles on Sunday, October 6, 2024. For cars driving from Marve and Malwani to Malad railway station, this partial opening might alleviate traffic at the bridge intersection.
- 6th Oct 2024
- 1162 Views