Phoenix Mills Acquires Prime Land in Mohali for ₹891 Crore
Phoenix Mills Limited, a prominent real estate developer, has expanded its footprint in Punjab by acquiring two prime land parcels in Mohali. Its subsidiary, Casper Realty Pvt Ltd, emerged as the highest bidder in a recent auction conducted by the Greater Mohali Area Development Authority (GMADA). The two plots, strategically
Awfis Expands Footprint in Ahmedabad with New Office Space
Awfis Space Solutions, a leading flexible workspace provider, has further solidified its presence in Ahmedabad with the acquisition of a 30,000-square foot office space. This strategic move marks a significant expansion for Awfis in the city, offering much-needed flexibility and modern workspaces to businesses of all sizes. The newly leased
Mumbai Coastal Road Project: A Catalyst for South Mumbai Real Estate?
The eagerly anticipated Mumbai Coastal Road project, spanning 22 kilometers along the city’s western coastline, is nearing completion. This ambitious undertaking, aimed at easing traffic congestion and enhancing connectivity, has sparked speculation about its potential impact on the South Mumbai real estate market. Proponents of the project argue that it
Dharavi Redevelopment Ceremony Held Discreetly Amidst Opposition
In a strategic move designed to avoid protests and ensure a smooth commencement, the much-anticipated Dharavi redevelopment ceremony was conducted in a low-key manner. The event, which marked the beginning of this ambitious project, was attended by key government officials and representatives of the Dharavi Redevelopment Authority (DRA). The decision
Defiant Buyer Risks All, Purchases Crumbling Clifftop Home for ₹3 Crore
In a shocking display of disregard for safety warnings, a wealthy buyer has shelled out a staggering ₹3 crore to acquire a beachfront villa perched precariously on a crumbling cliff in Goa. The purchase comes despite repeated warnings from local authorities and experts that the property is at imminent risk
BCD Group Strikes Major Deal with Foxconn, Securing 900 Apartments in Bengaluru Township
BCD Group, a prominent real estate developer in Bengaluru, has clinched a significant deal with Foxconn, the Taiwanese electronics giant responsible for manufacturing Apple’s iPhones. The agreement involves the leasing of 900 apartments to Foxconn for its employees at BCD’s upcoming township project, located in the city’s peripheral areas. This
Hope Dawns for Stalled Supertech Projects: NBCC Offers Three-Phase Completion Plan for 50,000 Homes
A beacon of hope has emerged for thousands of homebuyers in the National Capital Region (NCR) who have been anxiously awaiting possession of their flats in stalled Supertech projects. National Building Construction Corporation (NBCC), a state-owned enterprise with a strong reputation for project completions, has proposed a comprehensive three-phase plan
Arkade Developers Seeks Public Support with Rs 410 Crore IPO
Real estate developer Arkade Developers Ltd. is preparing to enter the public market with an initial public offering (IPO) valued at Rs 410 crore. Scheduled to launch on September 16th, the IPO will consist entirely of fresh issue equity shares, allowing retail investors to participate in the company’s growth story.
Cognizant Sheds Chennai HQ in Strategic Shift for Streamlined Operations
In a move that underscores a strategic shift towards operational consolidation, tech giant Cognizant has placed its longtime Chennai headquarters on the market with a price tag of ₹800 crore. This decision signals a significant change for the company, which has called the sprawling 15-acre Okkiyam Thoraipakkam campus its home
Noida Gets Tough on Delayed Flat Registrations: Builders Face Pressure to Clear Dues
Noida’s real estate market is experiencing a shake-up as the District Magistrate (DM) takes a proactive stance to address the issue of delayed flat registrations. A recent meeting with developers, flat buyers, and stamp and registration department officials brought the problem to light. The primary culprit behind the delays appears