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Bank of Baroda Greenlights Revival Plan for Supertech's Dehradun Project
- Admin
- 15th Sep 2024
Bank of Baroda, a major Supertech Group lender, approved the Dehradun project resolution plan. This approval is crucial, allowing 600 homeowners to finally get their houses. The proposal, presented to the NCLAT, is Supertech's first lender-approved project.... read more
Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds
- Admin
- 15th Sep 2024
Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.... read more
Hiranandani Set to Redevelop 5 Housing Societies in Chembur, Mumbai with INR 3200 Crore Investment
- Admin
- 15th Sep 2024
The House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb, a significant step towards urban renewal. These redevelopment projects, which encompass approximately 15 acres, offer a development potential of over 1.7 million square feet.... read more
Why Are Indian Property Developers Shifting Focus to Integrate Senior Living into Urban Projects?
- Admin
- 15th Sep 2024
More and more, real estate developers are incorporating senior living into bigger urban housing developments rather than constructing separate facilities on the fringes of cities. Learn more about it on Ghar.tv.... read more
From Investment to Reality - Navigating Possession and Buyer Rights Under RERA in Indian Real Estate
- Admin
- 15th Sep 2024
For every homebuyer, the happiest milestone is when their investment materializes as they receive possession of their property. This moment transforms their financial commitment into a tangible asset.... read more
UK Property Website Rightmove Rejects GBP 5.6 Billion Offer From Murdoch-backed REA Group
- Admin
- 12th Sep 2024
Rightmove, the UK-based property listing behemoth, turned down a hefty £5.6 billion buyout approach from Australia's REA Group, which is majority-owned by Rupert Murdoch's News Corporation. Rightmove's board described the offer as "wholly opportunistic,".... read more
Piramal Realty Project Receives Stop-Work Notice from MCGM as Notice Issued to Glider Buildcon Over Construction Dispute
- Admin
- 12th Sep 2024
News reports say the Municipal Corporation of Greater Mumbai (MCGM) has stopped construction at Piramal Realty subsidiary Glider Buildcon Realtors. The notice halts high-rise residential tower building near the Rani Baug Zoo in Byculla, South Mumbai.... read more
Worli Land Dispute Settled Between Birla & Wadia as Century Textiles Acquires Prime 10-Acre Parcel for INR 1100 Crore
- Admin
- 11th Sep 2024
Nusli Wadia, Chairman of the Wadia Group, and the Aditya Birla Group have settled their lengthy legal dispute. Aditya Birla Group subsidiary Century Textiles and Industries bought a 10-acre leasehold property tract in Worli, Mumbai, from the Wadia family for ₹1,100 crore.... read more
Madh-Versova Cable-Stayed Bridge to be a Reality Soon as BMC approves Rs 3246 Crore Mega Project
- Admin
- 11th Sep 2024
The Madh-Versova cable-stayed bridge, worth 3,246 crore rupees, would lessen travel lengths by 3–4 km and boost communication between Versova and Madh. The bridge will be open 24 hours a day. Constructed in around 36 months, this 2.06 km bridge will boost infrastructure & Madh property prices.... read more
Sumitomo Acquires Prime 2 Acre Worli Land from Bombay Dyeing for INR 440 Crore Strengthening Its Presence in Indian Real Estate
- Admin
- 11th Sep 2024
Japan’s Sumitomo Corporation Group has made a major move in Mumbai’s real estate market by acquiring a nearly 2-acre prime land parcel in Worli from the Wadia Group’s Bombay Dyeing & Manufacturing Company for ₹440 crore. This deal further solidifies Sumitomo’s presence Indian real estate.... read more
Singapore Real Estate Fund CapitaLand to Double India Investments to USD 11.3 Billion by 2028, Expands into Renewables and Private Credit
- Admin
- 11th Sep 2024
CapitaLand, Singapore's largest real estate manager, plans to quadruple its India FUM to SGD 14.8 billion (USD 11.3 billion) by 2028. This aggressive action supports its worldwide aim of SGD 200 billion (USD 153 billion) FUM in the same term.... read more
With INR 800 Crore Revamp IIM Mumbai Aims for Global Leadership in Management Education
- Admin
- 11th Sep 2024
The Indian Institute of Management (IIM) Mumbai, founded last year in Powai, will undergo a comprehensive renovation. An INR 800 crore ($100 million) makeover of the institute's 64-acre campus is planned.... read more
Suzlon Sells Pune HQ at One Earth, Hadapsar for INR 440 Crore, Leases Back for 5 Years to Unlock Growth Capital
- Admin
- 11th Sep 2024
Known for its renewable energy solutions, Suzlon Energy sold its headquarters, One Earth, in Hadapsar, Pune, for ₹440 crore to monetise non-core assets and drive expansion. OE Business Park (OEBPPL), backed by 360 ONE Alternates Asset Management funds, bought the land.... read more
Indian Warehouse Leasing Rises in 2024 With 8% YOY Growth
- Admin
- 11th Sep 2024
The Indian warehouse leasing market grew 8% in H1 2024. With Mumbai and Pune leading absorption rates, the industry has grown and faced hurdles. Ghar.tv offers 6 tips for understanding 2024 Indian warehouse leasing trends:... read more
Signature Global Invests INR 1144 Crore in Luxury Housing Project on Dwarka Expressway, Gurugram
- Admin
- 10th Sep 2024
Signature Global granted 1,144 crore construction contract to Ahluwalia Contracts for the building of its premium home project, De-luxe DXP, in Sector 37D of Gurugram next to the Dwarka Motorway. This ambitious project aspires to redefine luxury living in one of Delhi NCR's fastest-growing districts... read more
Incuspaze Leases Over 3 L sq ft in Bengaluru's QUBE Software Park & 4 L Sqft in Alphathum building in Sector 90, Noida Expressway
- Admin
- 10th Sep 2024
To expand, flexibility provider Incuspaze leased 325,000 sq ft of office space at QUBE Software Park in Bengaluru. Previously leased 156,000 sq ft in Whitefield, this demonstrates the company's aggressive growth ambition. INCUSpaze is expanding into Bengaluru's IT industry.... read more
Arnya Real Estate Fund Advisors Launches INR 1000 Crore Real Estate Debt Fund to Invest in Top Indian Cities
- Admin
- 10th Sep 2024
Arnya Real Estate Fund Advisors, an alternative investment management business, will launch its first real estate debt fund to invest in India's top eight property markets, raising around ₹1,000 crore. The Arnya Real Estate Fund—Debt offers a ₹1,000 crore green-shoe option.... read more
Massive Infrastructure Boost for Mumbai Region as MMRDA Approves INR 12,546 Crore Projects to Improve Roads and Bridges
- Admin
- 10th Sep 2024
Nine significant infrastructure projects have been approved for the Mumbai Metropolitan Region (MMR), enabling transformational development. The MMRDA is leading efforts worth approximately ₹12,546 crore to improve 56 km of roads, bridges, and pedestrian walkways, promoting regional connectivity.... read more
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