UPDIC will result in accelerated growth in real estate markets in the state: Research
India’s leading real estate advisory 360 Realtors has released a white paper on UP Defense Industrial Corridor (UPDIC) and how the ambitious project is set to accelerate the real estate market in the state of UP. The mega project which was announced in 2019 and has hitherto seen over 150
Uttar Pradesh Government Unveils Master Plan 2041 for Yamuna Expressway Region
The Uttar Pradesh government has taken a significant step towards the comprehensive development of the Yamuna Expressway region with the approval of the Master Plan 2041. This ambitious plan outlines a vision for the region’s growth over the next two decades, encompassing various aspects of urban development, infrastructure, and land
A Glimpse into the World’s Largest American Express Office: A Gurugram Techie’s Virtual Tour
American Express, a global financial services giant, has made a significant investment in India by establishing its largest office in the vibrant city of Gurugram. This state-of-the-art facility, spanning an impressive 1.2 million square feet, serves as a hub for a diverse range of operations and houses a workforce of
Goldman Sachs Expands Footprint in Mumbai with Massive Office Lease
Goldman Sachs, a leading American multinational investment bank, has further solidified its presence in Mumbai by leasing a substantial office space spanning over 73,000 square feet. The prime location for this expansion is the prestigious One BKC commercial complex in Bandra Kurla Complex (BKC). This significant lease agreement, valued at
Nexus Venture Partners Trims Stake in India Shelter Finance
Venture capital firm Nexus Venture Partners has executed a strategic move by selling a portion of its holdings in India Shelter Finance Corporation (ISFC). This divestment, valued at Rs 482 crore, involved offloading 64 lakh shares, representing a 5.97% stake in the housing finance company. Previously, Nexus held a dominant
MahaRERA Steps in, Delivers Justice for Ruparel Skygreens Homebuyers
Hope has arrived for over 70 homebuyers in Mumbai who invested in the Ruparel Skygreens project in Borivli. After years of frustration and delays, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has intervened, providing much-needed relief. The story began with delayed possession – a familiar nightmare for many homebuyers in
Noida Metro Seeks Developers for Prime Commercial Plots near Okhla Bird Sanctuary
The Noida Metro Rail Corporation (NMRC) is inviting bids from experienced developers for the commercial development of three prime plots located near the Okhla Bird Sanctuary metro station. This move signals NMRC’s intent to leverage innovative methods to finance its infrastructure projects. Encompassing a total area of 44,151 square meters,
Bollywood Star Prithviraj Sukumaran Expands Real Estate Portfolio with Mumbai Duplex Purchase
Prithviraj Sukumaran, the renowned Malayalam actor, has added another feather to his cap, both on-screen and off. The talented star has recently invested in a luxurious duplex apartment in Mumbai, valued at a whopping ₹30.6 crore. This strategic move marks a significant expansion of his real estate portfolio, solidifying his
Mumbai Coastal Road Project: A Catalyst for South Mumbai Real Estate?
The eagerly anticipated Mumbai Coastal Road project, spanning 22 kilometers along the city’s western coastline, is nearing completion. This ambitious undertaking, aimed at easing traffic congestion and enhancing connectivity, has sparked speculation about its potential impact on the South Mumbai real estate market. Proponents of the project argue that it
Karnataka Minister Inspired by New York Skyscraper, Eyes Ambitious Bengaluru Projects
Karnataka Minister D.K. Shivakumar has expressed his admiration for New York City’s iconic skyline, particularly the towering skyscrapers that adorn its landscape. After a recent visit to the Top of the Rock observation deck at Rockefeller Center, the minister was visibly impressed by the city’s architectural marvels and their ability
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