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
BMC Issues Stop-Work Notices to Two Construction Sites Due to Air Quality Concerns
The Brihanmumbai Municipal Corporation (BMC) has taken decisive action to address worsening air quality by issuing stop-work notices to two construction sites in Mumbai. This move comes in response to rising complaints from residents regarding dust pollution and its adverse effects on health. The BMC’s decision highlights the growing concern
Noida Authority to Define Village Residential Areas Before Acquiring Land for ‘New Noida’
In a proactive move to facilitate the development of ‘New Noida’, the Noida Authority has announced plans to delineate residential areas within villages earmarked for land acquisition. This initiative aims to streamline the process and ensure organized urban planning as the region prepares for significant expansion. The ‘New Noida’ project
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