Ingka Centres’ ₹5500 Crore Investment in Noida: A Catalyst for Growth
Ingka Centres, a global leader in developing meeting places, is set to make a significant impact on Noida’s real estate and retail landscape with its upcoming investment of ₹5500 crore. This substantial sum will be utilized to develop its second IKEA-anchored project in the city, further solidifying its presence in
Hyderabad Reclaims Lakeshore: HYDRAA Razes Illegal Villas to Restore Water Bodies
Hyderabad’s Disaster Response and Assets Monitoring and Protection Agency (HYDRAA) is taking decisive action to restore the city’s vital water bodies. In a recent operation, HYDRAA officials demolished several illegal villas constructed within the Full Tank Level (FTL) and buffer zones of various lakes across Hyderabad. This move aims to
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
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
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,
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
Noida Gears Up for Industrial Growth with Increased FAR
Noida Authority is poised to implement a strategic move aimed at stimulating industrial growth in the region. The proposed amendments involve a significant increase in the Floor Area Ratio (FAR) for designated industrial lands and integrated townships. This move seeks to optimize land usage and encourage vertical expansion within the
Max Estates Sets Sights on Expansion with ₹800 Crore QIP
Max Estates, a leading real estate developer, has embarked on a strategic move to bolster its business growth. The company has launched a qualified institutional placement (QIP) with the aim of raising up to ₹800 crore. The funds garnered through this QIP will be allocated towards strategic initiatives such as
Kartik Aaryan rents out 1,900-sq ft apartment in Mumbai for ₹4.5 lakh per month
The renowned Imperial Towers building, where Kartik Aaryan’s rented apartment is located, is a landmark in Mumbai’s Juhu neighborhood. The building is known for its luxurious amenities, including a swimming pool, fitness center, and landscaped gardens. Residents of the building also enjoy access to 24-hour security and concierge services. Aaryan’s
Amrapali Homebuyers Get Relief: SC Approves Additional Flats for Completion
A glimmer of hope has emerged for Amrapali homebuyers facing delays and anxieties. The Supreme Court has given its green light to a crucial proposal that paves the way for the construction of an additional 13,250 flats in five of the beleaguered developer’s projects in Greater Noida. This decision hinges