Mumbai’s Tech Hub Expands: IT Park Sold for ₹335 Crore in Malad
Mumbai’s thriving IT sector has witnessed a significant milestone with the recent sale of an IT park in Malad for a substantial sum of ₹335 crore. This strategic acquisition, finalized on August 29, 2024, underscores the growing demand for prime commercial real estate in the city’s western suburbs, further cementing
Max Estates Sets Sights on Expansion with ₹800 Crore QIP
Max Estates, a leading real estate developer, has embarked on a strategic move to bolster its business growth. The company has launched a qualified institutional placement (QIP) with the aim of raising up to ₹800 crore. The funds garnered through this QIP will be allocated towards strategic initiatives such as
Birla Estates Partners with LGCPL Group for Massive Noida Development
Birla Estates, a renowned real estate developer, has joined forces with LGCPL Group to embark on a massive mixed-use project spanning 131 acres in Noida. This ambitious venture is expected to redefine the cityscape of Noida with a diverse range of residential, commercial, and retail spaces. The project will encompass
M3M India and Oyo Join Forces to Launch Luxury Hotel in Gurugram
M3M India, a prominent real estate developer, has entered into a strategic partnership with Oyo, a leading global hotel chain, to introduce a luxurious SUNDAY branded hotel in Gurugram. This collaboration marks a significant milestone in M3M’s expansion into the hospitality sector and Oyo’s commitment to delivering premium accommodation experiences.
Maharashtra Government Mulls Stamp Duty Concession for Real Estate Sector
Mumbai: In a move that could provide a much-needed boost to the ailing real estate sector in Maharashtra, the state government is considering granting a stamp duty concession on property registration. This decision comes in response to fervent appeals from developers and industry associations, who have been advocating for a
Mumbai’s Senior Citizens Embrace Property Investments Post-COVID
Mumbai: A recent report has revealed a significant surge in property registrations by senior citizens in Mumbai, with a remarkable 200% increase observed post-COVID-19. This trend reflects a growing preference among the elderly population for owning real estate as a secure investment and a comfortable living space. Several factors have
Kartik Aaryan rents out 1,900-sq ft apartment in Mumbai for ₹4.5 lakh per month
The renowned Imperial Towers building, where Kartik Aaryan’s rented apartment is located, is a landmark in Mumbai’s Juhu neighborhood. The building is known for its luxurious amenities, including a swimming pool, fitness center, and landscaped gardens. Residents of the building also enjoy access to 24-hour security and concierge services. Aaryan’s
Know how Delhi-NCR’s Realty Market is Moving on an Upward Growth Trajectory
Delhi-NCR’s realty market has shown steady growth in the second quarter of 2024, with a 30% increase in average housing prices, according to a report by CREDAI- Colliers and Liases Foras. Driven by homebuyers’ positive sentiments and recent trends, the market is moving on an upward growth trajectory. With an
Macrotech Developers Makes Strategic Move into Industrial and Warehousing
Macrotech Developers Limited, the company behind the well-known Lodha brand, has made a strategic move to expand its business portfolio beyond residential real estate. In a deal valued at Rs 95.76 crore, Macrotech has acquired Opexefi Services Pvt. Ltd. and One Box Warehouse Pvt. Ltd. This acquisition is particularly noteworthy
Cognizant Sheds Chennai HQ in ₹800 Crore Restructuring Move
Tech behemoth Cognizant is embarking on a significant real estate reshuffle, putting its historic Chennai headquarters on the market for a potential windfall of ₹800 crore. This sprawling 15-acre campus, encompassing a substantial 4 lakh square feet of office space, has been the company’s anchor in Chennai for over two
Recent Posts
- DIOR Debuts First Boutique in Gurugram at Ambience Mall, Setting a New Standard for Luxury in Delhi-NCR
- How Faridabad Evolved from an Offbeat Hub to One of India’s Prime Real Estate Destinations
- Omaxe Chowk Wins “Most Admired Shopping Centre of the Year – Design & Atmospherics (Heritage Architecture)” Award
- How BFSI Sector Drives Commercial Real Estate in Delhi-NCR?
- Affordable to Premium: The Shift in India’s Residential Real Estate Market
