Unitech Resumes Construction, Promises Deliveries
After a prolonged hiatus, Unitech Group has finally initiated groundbreaking ceremonies for three of its stalled housing projects in Noida. The projects, located in Sectors 74, 75, and 76, have been in limbo for several years, leaving thousands of homebuyers in the lurch. The decision to resume construction comes as
Puravankara Makes Strategic Entry into South Mumbai’s Luxury Market
Puravankara Projects, a leading real estate developer, has made a significant stride into South Mumbai’s coveted luxury residential market. The company has successfully secured the redevelopment rights for a prime project in the exclusive Breach Candy neighborhood. This strategic move marks Puravankara’s foray into one of the most sought-after real
Google’s Hyderabad Expansion: A Catalyst for Growth
Google’s decision to renew its lease for 3.7 lakh square feet of office space in Hyderabad is a testament to the city’s burgeoning reputation as a technology hub. This strategic move not only reinforces Google’s presence in the region but also serves as a catalyst for further growth and development.
Mixed Signals in Indian Real Estate: Dharavi Redevelopment Begins Quietly, Raymond Makes Bold Investment
India’s real estate sector witnessed two contrasting developments this week, showcasing both the challenges and opportunities present in the market. Dharavi Redevelopment: A Cautious Start The much-anticipated redevelopment of Dharavi, Mumbai’s sprawling slum, began with a low-key ceremony. This subdued approach reflects concerns about potential opposition from residents apprehensive about
Dharavi Redevelopment Ceremony Held Discreetly Amidst Opposition
In a strategic move designed to avoid protests and ensure a smooth commencement, the much-anticipated Dharavi redevelopment ceremony was conducted in a low-key manner. The event, which marked the beginning of this ambitious project, was attended by key government officials and representatives of the Dharavi Redevelopment Authority (DRA). The decision
Defiant Buyer Risks All, Purchases Crumbling Clifftop Home for ₹3 Crore
In a shocking display of disregard for safety warnings, a wealthy buyer has shelled out a staggering ₹3 crore to acquire a beachfront villa perched precariously on a crumbling cliff in Goa. The purchase comes despite repeated warnings from local authorities and experts that the property is at imminent risk
Microsoft Expands Footprint in Pune’s IT Hub with Strategic Land Acquisition
Pune, September 12, 2024: Technology giant Microsoft has further solidified its presence in Pune’s thriving IT hub, Hinjewadi, by acquiring a substantial 16.4-acre land parcel for a staggering ₹520 crore. This strategic move underscores Microsoft’s commitment to India and its plans for future growth in the region. The newly acquired
Stilt-Plus-Four Policy in Haryana: A Cloud of Uncertainty Lifts, But Questions Remain
The Punjab and Haryana High Court’s recent judgment on the stilt-plus-four floor construction policy in Haryana has brought some clarity but also created new questions. The court has emphatically stated that it hasn’t imposed a ban, leaving the decision-making power squarely with the Haryana government. This judgment follows a legal
Beleaguered Homebuyers Breathe a Sigh of Relief as Bank Approves Resolution Plan for Supertech’s Dehradun Project
A wave of relief has washed over more than 600 homebuyers in Supertech’s stalled Doon Square project in Dehradun. Bank of Baroda, a crucial lender holding a significant stake in the project, has become the first financial institution to approve the developer’s project-wise resolution plan submitted to the National Company
BCD Group Strikes Major Deal with Foxconn, Securing 900 Apartments in Bengaluru Township
BCD Group, a prominent real estate developer in Bengaluru, has clinched a significant deal with Foxconn, the Taiwanese electronics giant responsible for manufacturing Apple’s iPhones. The agreement involves the leasing of 900 apartments to Foxconn for its employees at BCD’s upcoming township project, located in the city’s peripheral areas. This
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