Emaar India Makes Strategic Entry into Mumbai’s Luxury Real Estate Market
Dubai-based developer Emaar India is set to make a significant splash in Mumbai’s affluent real estate market. The company has announced its plans to launch a luxurious villa project in Alibag, a coastal town renowned for its serene beauty and proximity to Mumbai. The upcoming project, named “Emaar Palm Beach,”
Hindustan Unilever Expands Warehousing Footprint in Bhiwandi
Hindustan Unilever Limited (HUL), one of India’s largest fast-moving consumer goods (FMCG) companies, has further strengthened its logistics infrastructure by leasing a substantial warehousing space in Bhiwandi, near Mumbai. The company has signed a long-term lease agreement for a massive 5.93 lakh square feet of warehousing space at a monthly
Oberoi Realty Creates Buzz in Thane with Record-Breaking Sales
Mumbai’s luxury real estate market continues to sizzle, with Oberoi Realty setting new benchmarks. In just three days since launching their new project in Thane, the developer has achieved remarkable sales, totaling a staggering ₹1,348 crore. This impressive feat underscores the strong demand for luxury residences in Thane, a rapidly
Salman Khan’s Sister Sells Luxury Flat in Mumbai for ₹22 Crore
Mumbai, October 22, 2024: Arpita Khan Sharma, the sister of Bollywood superstar Salman Khan, has recently sold her luxurious apartment in Mumbai’s prestigious Bandra Bandstand area for a staggering ₹22 crore. The spacious 3-bedroom flat, located in the iconic Imperial Heights building, offers breathtaking views of the Arabian Sea and
Prestige Estates Sets Sights on Ghaziabad with ₹7000 Crore Township Investment
Bengaluru, October 21, 2024: Prestige Estates, a leading real estate developer in India, has announced plans to invest approximately ₹7000 crore in the development of a new township in Ghaziabad, Uttar Pradesh. This ambitious project will further solidify Prestige’s presence in the National Capital Region (NCR) and cater to the
India-Canada Row: Expert Assures Unwavering Canadian Interest in Indian Real Estate
Despite the ongoing diplomatic tensions between India and Canada, experts remain optimistic about the continued influx of Canadian investments into India’s real estate sector. The strong fundamentals of the Indian economy, coupled with the lucrative opportunities offered by the real estate market, are expected to outweigh the short-term impact of
Nexus Select Trust Acquires Bengaluru Shopping Mall for ₹877 Crore
In a strategic move to expand its footprint in the southern Indian market, Nexus Select Trust has acquired a prominent shopping mall in Bengaluru. The acquisition, valued at ₹877 crore, is expected to strengthen Nexus Select Trust’s position as a leading player in the Indian retail real estate sector. The
Marriott International Expands Footprint in South Asia with Edition Hotels Partnership
New Delhi, October 19, 2024: Marriott International has announced a strategic partnership with Prestige Falcon Realty Ventures to introduce the renowned Edition Hotels brand to South Asia. This collaboration marks a significant milestone for Marriott, expanding its luxury portfolio and strengthening its presence in a region with a growing demand
Real Estate Remains Top Investment Choice for Indians
A recent survey conducted by PropTiger revealed that real estate continues to be the most preferred asset class for investment among Indians. Over 59% of respondents expressed a strong preference for real estate, highlighting its enduring appeal as a stable and lucrative investment option. One of the key reasons for
Mumbai’s Rental Woes: High Cost of Living Outpaces Income
Mumbai, India’s financial capital, is notorious for its sky-high living costs, and the rental market is no exception. A recent report has revealed that despite an average annual income of ₹4.5 lakh, many residents in Mumbai find themselves shelling out a significant portion of their earnings on rent. In fact,
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