MahaRERA Issues 5 Orders to Protect Interests of Real Estate Agents, Landlords, and Homebuyers
Mumbai, India – In a proactive move to enhance transparency and accountability in the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued five new orders aimed at safeguarding the interests of real estate agents, landlords, and homebuyers. These directives come in response to growing concerns about
House of Hiranandani to Invest ₹12,500 Crore in Major Developments Across MMR
Mumbai, India – The House of Hiranandani, a prominent name in Indian real estate, has announced an ambitious investment of ₹12,500 crore to develop multiple projects in the Mumbai Metropolitan Region (MMR). This substantial commitment underscores the company’s confidence in the growing demand for residential and commercial spaces in one
ED Attaches ₹23 Crore in Assets Linked to Noida’s Lotus 300 Homebuyer Fraud Case
Noida, India – The Enforcement Directorate (ED) has attached assets worth ₹23 crore in connection with the alleged fraud involving Lotus 300, a residential project in Noida. This move comes as part of an ongoing investigation into the financial irregularities that have left numerous homebuyers in distress. The attached assets
Shriram Properties Signs JDA for ₹750 Crore Mixed-Use Development in Pune
Pune, India – Shriram Properties has announced the signing of a Joint Development Agreement (JDA) for a prime 6-acre land parcel in Pune, marking a significant step in the company’s expansion strategy. The mixed-use development is projected to generate revenues of approximately ₹750 crore, reflecting the growing demand for integrated
GreatWhite Global Expands Footprint with ₹225 Crore Apartment Purchase in Mumbai
Mumbai, India – In a significant move for the real estate market, GreatWhite Global, a leading manufacturer of electrical accessories, has acquired two luxury apartments in Mumbai for a staggering ₹225 crore. Each apartment spans 8,041 square feet, reflecting the company’s commitment to investing in prime urban properties. The acquisition
Luxury Living in Noida: Free Lamborghini with Every Villa Purchase
In a groundbreaking marketing initiative, a luxury housing project in Noida is offering an exclusive perk that is sure to turn heads: a free Lamborghini worth ₹4 crore with every villa purchased. This unprecedented promotion aims to attract high-net-worth individuals seeking opulent living combined with a touch of extravagance. The
Abhishek Lodha and Family Commit ₹20,000 Crore Stake to Philanthropy
In a landmark move aimed at enhancing social welfare, Abhishek Lodha and his family have pledged to transfer a stake valued at ₹20,000 crore in Macrotech Developers to their philanthropic arm. This significant decision underscores the family’s commitment to social responsibility and sustainable development. Macrotech Developers, known for its prominent
Global Capability Centres Lease Nearly 23,000 Coworking Desks from January to September 2023
In a notable trend highlighting the evolving workspace dynamics, Global Capability Centres (GCCs) have leased nearly 23,000 coworking desks across major cities between January and September 2023. This surge in demand reflects a significant shift in workplace preferences, driven by the need for flexibility and collaboration in the post-pandemic era.
Hilton Signs Second Hilton Garden Inn in Bengaluru, Set to Open in Early 2025
Hilton has announced the signing of its second Hilton Garden Inn property in Bengaluru, further expanding its footprint in one of India’s most dynamic hospitality markets. The new hotel is slated to open in early 2025, catering to the growing demand for quality accommodations in the city. Strategically located, the
Real Estate Developers Raise ₹12,801 Crore via QIP in 2023
In a significant boost for the Indian real estate sector, developers have successfully raised ₹12,801 crore through Qualified Institutional Placements (QIPs) between January and September 2023. This influx of capital highlights renewed investor confidence and a robust recovery trajectory for the industry, which has been navigating challenges posed by economic
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