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Malad Flyover Faces December Deadline Amid Concerns Over Traffic Relief and Design Limitations
- Admin
- 31st Aug 2024
In April 2022, the Mith Chowky flyover near Malad started construction, causing traffic congestion. Authorities expect to finish the flyover by December after it took more than 18 months to build.... read more
IBM Secures Presence in Bengaluru with INR 143 Crore Annual Lease Renewal at Embassy REIT Property
- Admin
- 31st Aug 2024
IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant... read more
Supreme Court Clears NBCC to Build Additional Flats Worth INR 15,000 Crore at Amrapali, Aiming to Deliver Stalled Homes to 16,000 Buyers
- Admin
- 31st Aug 2024
The Supreme Court has granted permission to state-run NBCC (India) to generate an additional ₹15,000 crore by developing extra flats within the Amrapali projects. This move is intended to address the delivery of stalled homes to approximately 16,000 homebuyers, according to company executives.... read more
WeWork India Expands Aggressively in Delhi-NCR with Major Leases
- Admin
- 31st Aug 2024
WeWork India is reportedly in discussions to lease over 400,000 sq ft of office space across three significant properties in Delhi and Gurugram. This move is seen as part of their aggressive expansion strategy in the Delhi-NCR region, according to sources familiar with the situation.... read more
ED Attaches INR 834 Crore Worth of Properties Linked to Emaar and MGF Developments
- Admin
- 31st Aug 2024
Emaar India Ltd and MGF Developments Ltd have had immovable assets worth over 401 acres and ₹834 crore temporarily attached by the Enforcement Directorate (ED). Emaar owns properties worth ₹501.13 crore, while MGF Developments retains the remaining assets at ₹332.69 crore.... read more
Adani-Led Dharavi Redevelopment to Begin in 6-8 Months, Targeting 600 Acres in The Heart of Mumbai
- Admin
- 31st Aug 2024
The long-anticipated Dharavi Redevelopment Project, covering nearly 600 acres in Mumbai’s core, is expected to commence construction within the next 6-8 months, according to SVR Srinivas, CEO of the Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority of Maharashtra.... read more
Australia's REA Group to Launch First India GCC in Gurugram, Expanding Workforce to 10% of Global Team
- Admin
- 31st Aug 2024
REA Group, an Australian digital real estate advertising company, will launch its first India Global Capability Centre (GCC) in Gurugram in October. Steve Maidment, the company's chief technology officer, intends to raise India's employment to 10% of its worldwide team within two years.... read more
India's Bold Move - 12 New Industrial Smart Cities to Transform Manufacturing and Job Creation
- Admin
- 30th Aug 2024
The Union Cabinet, headed by Prime Minister Narendra Modi, has authorised 12 new industrial smart cities in 10 states to boost India's industry. This initiative, investing ₹28,602 crore, aims to generate 40 lakh jobs and boost industrial capacities in the nation.... read more
Hyderabad's High-End Home Sales Surge Amidst Emerging Real Estate Pockets and Growing Demand for Luxury Living
- Admin
- 30th Aug 2024
Hyderabad's residential market is changing. Hyderabad Luxury property sales and launches dominate the market. Mid-end units made up more than half of yearly sales until 2021, but this trend has changed.... read more
The Chapter, an Isprava Company, to Invest INR 850 Crore in Developing Luxury Villas Across Key Leisure Destinations in India
- Admin
- 30th Aug 2024
The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.... read more
Residential Property Prices Soar by 45% in India's Top Cities Despite Rising Supply - Anarock Report Highlights Significant Growth
- Admin
- 29th Aug 2024
Real estate consultant Anarock reports that residential property prices in India's top seven cities have risen 45% in five years. Due to increased demand and fresh supplies, some micro marketplaces have seen price spikes of up to 90%.... read more
Environmentalists Raise Alarm Over PMAY Projects Encroaching on Protected Mangrove Zones in Navi Mumbai
- Admin
- 26th Aug 2024
Environmental activists have complained to Prime Minister Narendra Modi that Navi Mumbai's Prime Minister's Awas Yojana (PMAY) is encroaching on protected mangrove zones and breaking environmental laws.... read more
7 Key Considerations Before Making a Joint Real Estate Investment
- Admin
- 26th Aug 2024
joint real estate investment, family or friends, legal contracts, ownership percentages, financial contributions, exit strategy, fractional ownership, SM REITs, conflict resolution, co-investing... read more
Allegations Surface Over 11-Acre Land Deal in Airoli
- Admin
- 24th Aug 2024
Reports have emerged about a potential plan to transfer 11 acres of prime land in Airoli, initially reserved for foreign embassies, to a prominent businessman under the pretext of developing a township.... read more
10 Expert Tips on The Ultimate Guide to Maximizing Space in a Small Home
- Admin
- 24th Aug 2024
A tiny house may be useful, organised, and elegant by maximising space. These clever design ideas will maximise every square inch in your small city flat or cosy suburban home. Ghar shares the definitive guide to maximising space.... read more
7 Ways to Transform Your Home with Smart Technology
- Admin
- 23rd Aug 2024
Today's fast-paced world demands efficiency, convenience, and security, thus smart home technology has grown. More homeowners are using complex systems that interact with internet-enabled gadgets to operate & monitor their houses from smartphones, tablets & computers. Ghar offers 7 smart ideas.... read more
JNPA SEZ Plots Command Double the Reserve Price - A Major Boost to Mumbai Economy
- Admin
- 23rd Aug 2024
Mumbai's commerce and business sector benefited from the Jawaharlal Nehru Port Authority (JNPA) awarding industrial plots in its Navi Mumbai Special Economic Zone (SEZ) for almost twice the reserve price to nine winning bidders. This exceptional land demand shows the region's economic potential.... read more
New Regulation for Mahalaxmi Racecourse in Mumbai Proposed & Public Feedback Invited
- Admin
- 23rd Aug 2024
A new DCPR 2034 rule by the Brihanmumbai Municipal Corporation (BMC) targets the expansion and rehabilitation of the Mahalaxmi Racecourse. The new Regulation 13(10) applies only to the Mahalaxmi Racecourse, not other BMC clubs, gymkhanas, or designated plots.... read more
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