Dharavi Redevelopment: A Mission to Restore Dignity
Mumbai, India: Gautam Adani, the industrial magnate behind the Adani Group, has emphasized that the ambitious Dharavi redevelopment project is not merely an urban renewal initiative but also a crucial mission to restore the dignity of over 1 million residents. Adani Group, in partnership with the Maharashtra government, has been
Aftab Shivdasani Offloads Mumbai Apartment for ₹7 Crore
Bollywood actor Aftab Shivdasani has recently sold his 1,304-square feet apartment in Mumbai’s posh Andheri West locality for a substantial sum of ₹7 crore. The property, located in the upscale Sunteck Signature Towers, was purchased by an undisclosed buyer. This transaction marks a significant development in Mumbai’s luxury real estate
Gurugram: ED searches Ramprastha Group premises in money laundering case
The Enforcement Directorate (ED) has launched a major crackdown on the Ramprastha Group in Gurugram, conducting extensive searches at multiple premises linked to the real estate conglomerate. The investigation is centered on allegations of money laundering, with the ED suspecting the group of illegally diverting funds and evading taxes. The
Ashiana Housing Scores Big with Kids-Centric Project in Gurugram
Ashiana Housing, a well-established real estate developer, has achieved a significant milestone by successfully selling 168 housing units in its recently launched project in Gurugram. This achievement translates into a substantial revenue generation of ₹403 crore, showcasing the strong demand for well-planned and thoughtfully designed residential projects in the region.
Eros Group’s Strategic Investment in Greater Noida
New Delhi: The Eros Group, a prominent player in the Indian real estate market, has made a significant investment of close to ₹400 crore in a residential project in Greater Noida. This strategic move underscores the company’s confidence in the region’s growth potential and its commitment to expanding its real
India’s Hospitality Sector Flourishes with $93 Million Investment Surge
India’s hospitality sector is experiencing a remarkable resurgence, fueled by a significant influx of investments. During the first half of 2024, the sector attracted a staggering $93 million in capital, underscoring its growing appeal to investors. This positive trend is attributed to several factors, including the country’s improving economic outlook,
China Navigates Housing Market Challenges with Potential Mortgage Rate Cuts
China’s once-booming housing market is facing headwinds, prompting the government to consider a strategic intervention. Financial regulators are mulling a potential reduction in mortgage rates for existing loans, aiming to inject some much-needed relief into the sector. The proposed plan involves a two-phased decrease in mortgage rates, totaling 80 basis
Bollywood Star Ajay Devgn Rents Out Luxurious Office Space in Mumbai
Bollywood superstar Ajay Devgn has added another feather to his entrepreneurial cap. The actor has recently rented out his 3,455 square feet office space located in the prime Bandra Kurla Complex (BKC) in Mumbai, fetching a substantial rental income of ₹7 lakh per month. The office space, situated within the
German Investors Flood Mumbai’s Luxury Real Estate Market
Mumbai’s luxury real estate market is experiencing a surge of interest from affluent German families. The recent downturn in property prices has presented a lucrative opportunity for these high-net-worth individuals to snap up prime properties in the city. A number of German families have expressed a keen interest in investing
Prestige Exora Expands Footprint with ₹200 Crore Land Acquisition in Gurugram
Prestige Exora Business Parks, a leading player in the commercial real estate sector, has further strengthened its presence in Gurugram with a significant land acquisition. The company has shelled out ₹200 crore to secure a prime 4.57-acre land parcel in the strategic Sector 67 of Gurugram. This strategic move aligns
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