Deloitte Expands Footprint in Mumbai, Leases 80,000 Sq Ft Office Space
Deloitte India, a leading professional services firm, has further solidified its presence in Mumbai’s bustling business landscape by securing a substantial office space of 80,000 square feet in the prestigious Oberoi Commerz building. This strategic move underscores Deloitte’s unwavering confidence in Mumbai’s economic growth prospects and its unwavering commitment to
Regulatory Watchdog Bites: RBI Fines Godrej Housing, HUDCO, and Aadhar Housing
The Reserve Bank of India (RBI), the nation’s central bank and financial regulatory authority, has sent a strong message to housing finance companies (HFCs) by imposing penalties on three major players: Godrej Housing Finance, Housing and Urban Development Corporation (HUDCO), and Aadhar Housing Finance. While the exact nature of the
Bajaj Housing Finance Secures Strategic Funding Boost Ahead of IPO
Bajaj Housing Finance, a dominant force in India’s non-banking financial sector (NBFC), has received a significant pre-IPO shot in the arm by raising Rs 1,758 crore from a consortium of prominent investors. This strategic funding move serves as a powerful endorsement for the company’s financial stability and its long-term growth
Greater Noida Land Auction Generates ₹521 Crore Windfall, Signaling Investor Confidence
Greater Noida’s real estate market is witnessing a surge in investor confidence, fueled by the recent successful auction of three residential plots by the Greater Noida Industrial Development Authority (GNIDA). The auction surpassed all expectations, with winning bids totaling a remarkable ₹521 crore – a significant increase compared to the
Indonesian Construction Giant Waskita Secures $2.05 Billion Debt Relief
Indonesia’s state-owned construction firm, PT Waskita Karya (Waskita), has secured a vital lifeline from its creditors. After a successful negotiation process, Waskita signed a debt restructuring agreement with 21 banks, both domestic and foreign, for a staggering $2.05 billion (Rp 29.2 trillion). This significant debt relief package comes as a
A Home in Ruins: House Crushed by Tree Listed for Sale
In a bizarre turn of events, a home in the United States has been listed for sale, despite being completely crushed by a fallen tree. The property, located in the town of West Hartford, Connecticut, has become a spectacle for locals and a perplexing proposition for potential buyers. The incident
Navigating the Plotted Development Landscape Near Mumbai
The allure of plotted development projects near Mumbai is undeniable. Offering a blend of privacy, customization, and potential appreciation, these ventures have gained significant traction among discerning homebuyers. However, investing in such projects requires careful consideration. Key Factors to Consider: RERA Approval: Ensure the project is registered with the Maharashtra
Noida Authority Flexes Muscle, Seals Unsold Flats in Debt-Ridden Projects
The Noida Authority is taking a no-nonsense approach to recover unpaid dues from builders, sending a shockwave through the city’s real estate sector. In a recent move, the authority sealed unsold flats and project offices across three residential projects, collectively worth over Rs 1,000 crore. This decisive action follows years
ITC Maurya Secures Temporary Relief in Ground Rent Dispute with Delhi Government
The iconic ITC Maurya hotel in New Delhi has received a temporary reprieve in its ongoing ground rent dispute with the Delhi government’s Land and Development Office (L&DO). A recent Delhi High Court ruling has placed a stay order on a hefty demand of Rs 111.06 crore, which the L&DO
Anupam Kher’s Strategic Real Estate Move: Expanding His Business Empire
Veteran Bollywood actor Anupam Kher has once again showcased his astute business acumen with a recent real estate acquisition in Mumbai’s Andheri area. The renowned actor has purchased office space valued at ₹3.88 crore, adding to his growing entrepreneurial portfolio. Located in the prime commercial hub of Andheri West, this
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