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Bhive Workspaces Plans INR 800 Crore IPO for FY26, Targets Expansion Beyond Bengaluru
- Admin
- 9th Aug 2024
A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.... read more
Maharashtra to Quadruple Solar Power Production to 12,800 MW in 14 Months Under New Scheme
- Admin
- 9th Aug 2024
Maharashtra plans to raise solar energy output from 3,600 MW to 12,800 MW in 14 months. The state required 17 years to complete its solar capacity, prompting this ambitious proposal.... read more
Actis and Mahindra Lifespaces Launch Joint Venture to Develop 16-17 Million Sq Ft of Industrial & Logistics Parks Across India
- Admin
- 9th Aug 2024
Actis, a London-based sustainable infrastructure investor, and Mahindra Lifespaces, the real estate and infrastructure development arm of the Mahindra Group, have formed a joint venture to build 16-17 million square feet of industrial and logistics facilities in India.... read more
IDFC First Bank Leases Prime Office Space in Oberoi Commerz III, Goregaon East, Mumbai
- Admin
- 7th Aug 2024
First Bank Leases Goregaon Premium Office Space Mumbai: IDFC First Bank has leased an office space at Göegaon's Oberoi Commerz III tower spread across 4 floors. Under the five-year leasing arrangement, the bank would pay ₹170 crore in rent.... read more
Mumbai's Slum Rehabilitation on Saltpan and Mangrove Lands Reduced to 65%
- Admin
- 7th Aug 2024
The government reduced Mumbai's saltpan and mangrove slum redevelopment building area from 80% to 65%. BMC manages the remaining 35% for open space amenities. This comes seven months after the original construction ban in eco-sensitive zones.... read more
Mahindra & Mahindra Sells Kandivali Land for INR 210 Crore to Pune-based Rucha Group
- Admin
- 5th Aug 2024
M&M has sold a 20.5-acre land plot in Kandivali East, Mumbai, for ₹210 crore to Blueprintify Properties, a real estate unit of Rucha Group. M&M capitalised on its non-strategic assets with this July 23 transaction, which was filed the following day.... read more
The Ultimate Guide to Smart Cities in India - Top 10 Locations for Modern Living and Investment in 2024
- Admin
- 4th Aug 2024
The smart city project is one of India's many steps towards global leadership. Smart cities have cutting-edge infrastructure, effective land use, and technology to improve living. The GHAR Ultimate Guide to Smart Cities in India identifies the Top 10 Modern Living and Investment Locations in 2024.... read more
7 Reasons Why Co-Living Operators Are Increasing One-BHK Units to Meet Rising Demand
- Admin
- 4th Aug 2024
The COVID-19 epidemic and shifting lifestyles have transformed co-living. Due to demand, co-living operators are prioritising one-bedroom hall kitchen (BHK) flats.... read more
WSB Secures INR 700 Crore for Housing Investments - A Strategic Move in Real Estate
- Admin
- 4th Aug 2024
A real estate loan fund raised over ₹700 crore for mid-income and affordable housing projects in tier-I and select tier-II locations by WSB Real Estate Partners. Newly created, fourth SEBI-registered Category-II Alternative Investment Fund (AIF) closes with ₹1,000 crore target capital.... read more
The Ultimate Guide to Smart Home Technology for Luxury Living
- Admin
- 4th Aug 2024
Modern luxury relies on smart home technology, which is smoothly integrated into our daily life. This GHAR guide discusses smart home tech's effects on comfort, convenience, and security in high-end homes and future trends.... read more
Dharavi Redevelopment Seeks 1255 Acres For Rental Housing Solutions
- Admin
- 4th Aug 2024
A special purpose vehicle set up by the government with Adani Realty as the lead developer, the Dharavi Redevelopment Project Pvt Ltd (DRPPL), and the Slum Rehabilitation Authority have sought 1,255 acres from various government agencies.... read more
Understanding the 48% Surge in MMR Real Estate Prices - Key Drivers and Trends
- Admin
- 4th Aug 2024
The Mumbai Metropolitan Region (MMR) has seen real estate prices jump 48% in five years. MMR has become one of India's hottest real estate markets due to reduced unsold inventory and rising demand. A detailed look at what caused this massive surge.... read more
8 Essential Points to Remember for a Thorough Home Inspection
- Admin
- 4th Aug 2024
It's natural to become excited about moving in and personalising a new property. To detect hidden concerns like faulty wiring, leaky roofs, and plumbing difficulties, a complete house inspection is essential. GHAR recommends 8 factors for a thorough house inspection.... read more
Lansum Properties Acquires INR 200 Crore Land in Kokapet for Luxury Residential Development
- Admin
- 4th Aug 2024
Hyderabad-based Lansum Properties acquired a 3.6-acre Bengaluru land tract for over ₹200 crore. Sources say this outstanding Kokapet area would be developed into premium housing. Lansum Properties secured ₹250 crore from IndusInd Bank to fund this ambitious luxury project.... read more
MMRDA to Lease BKC Plots to Raise INR 5,497 Crore for Infrastructure Development
- Admin
- 4th Aug 2024
The Mumbai Metropolitan Region Development Authority (MMRDA) plans to lease out seven plots in the Bandra-Kurla Complex (BKC) to earn 5,497 crore. This program finances Mumbai Metropolitan Region infrastructure projects.... read more
Atmosphere Living, A Dubai Company to Jointly Develop Luxury Hotel and Villas in Mussoorie
- Admin
- 4th Aug 2024
In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.... read more
L&T Requests Extension to Finalize Coastal Road Tunnel Projects in Mumbai
- Admin
- 4th Aug 2024
To finish the Mumbai coastal road tunnels, Larsen & Toubro (L&T) has asked an extension until September 30. Two tunnels are online, but significant integration tasks remain, necessitating this request.... read more
7 Essential Steps to Ensure a Successful Home Investment
- Admin
- 3rd Aug 2024
Home investing may be complicated, especially with rising prices, legal issues, and quality issues. Ghar recommends 7 essential actions for a safe, financially secure, and easy home purchase:... read more
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