Godrej Enterprises Unveils Plan to Monetize Lucrative Mumbai Land Bank
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Godrej Enterprises Unveils Plan to Monetize Lucrative Mumbai Land Bank

August 29, 2024
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Godrej Enterprises, a household name in Indian industry, is taking a proactive approach to unlocking the immense potential of its land holdings in Mumbai. Recognizing the significant value these plots possess, the company is embarking on a strategic initiative to maximize their profitability. Gone are the days of simply holding

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Illegal Construction Clouds Cast Over Hyderabad’s Opulent Chitrapuri Colony
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Illegal Construction Clouds Cast Over Hyderabad’s Opulent Chitrapuri Colony

August 27, 2024
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A dark cloud of suspicion hangs over the luxurious villas nestled within Hyderabad’s prestigious Chitrapuri Colony, a haven for Telugu film personalities. Civic authorities have initiated an investigation into potential violations of building bylaws, raising concerns about the legality and safety of these opulent residences. The crux of the issue

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EFC Expands Serviced Office Empire with Strategic Pune Acquisition
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EFC Expands Serviced Office Empire with Strategic Pune Acquisition

August 27, 2024
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EFC, a leading player in India’s managed office space sector, has made a significant move to solidify its dominance in the dynamic Pune market. The company has strategically acquired a sprawling property encompassing a substantial 49,556 square feet for a noteworthy Rs 80 crore. This well-timed acquisition goes beyond simply

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MHADA’s Affordable Housing Bonanza: A Lifeline for Mumbai Homebuyers
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MHADA’s Affordable Housing Bonanza: A Lifeline for Mumbai Homebuyers

August 7, 2024
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The Maharashtra Housing and Area Development Authority (MHADA) is set to offer a much-needed respite to Mumbai’s homebuyers with its upcoming lottery featuring over 2,000 apartments. Catering to a diverse range of income groups, the lottery promises to alleviate the city’s acute housing shortage and make homeownership a tangible reality

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RMZ Corp and CPP Investments Ink $264 Million Deal with Keppel for Chennai Office Complex
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RMZ Corp and CPP Investments Ink $264 Million Deal with Keppel for Chennai Office Complex

August 7, 2024
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Bengaluru-based real estate giant, RMZ Corp, in partnership with Canada Pension Plan Investment Board (CPP Investments), has successfully concluded the sale of their prime Chennai office asset, One Paramount 1, to Singapore-based Keppel Corporation for a substantial $264 million. This strategic divestment marks a significant milestone for both RMZ and

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1 BHK Homes Gaining Popularity Among Bengaluru Millennials
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1 BHK Homes Gaining Popularity Among Bengaluru Millennials

August 3, 2024
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The escalating cost of living, changing lifestyles, and robust job market in Bengaluru are driving a surge in demand for 1 BHK homes among millennials. Bengaluru, a burgeoning metropolis renowned for its IT corridor and youthful energy, is experiencing a pronounced shift in residential preferences. Millennials, the city’s dynamic workforce,

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Bengaluru’s Rental Market: A Perfect Storm
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Bengaluru’s Rental Market: A Perfect Storm

August 3, 2024
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Bengaluru, India’s Silicon Valley, is experiencing an unprecedented rental market frenzy. A recent incident has underscored the city’s housing affordability crisis. A 2BHK apartment in the prime locality of Koramangala was listed on X for a staggering monthly rent of ₹43,000, accompanied by a hefty security deposit of ₹2.5 lakh.

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Goa to Welcome Sixth Taj Hotel
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Goa to Welcome Sixth Taj Hotel

August 3, 2024
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Mumbai-based real estate developer Bharat Realty Venture Pvt Ltd (BRVPL) is set to add another feather to Goa’s tourism cap. The company will commence construction of the state’s sixth Taj Hotel in the picturesque Anjuna area from September 2024. Envisioned as a luxurious retreat, the hotel will boast 170 sea-facing

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MMRDA to Raise Rs 5,497 Crore Through BKC Land Leases
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MMRDA to Raise Rs 5,497 Crore Through BKC Land Leases

August 2, 2024
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The Mumbai Metropolitan Region Development Authority (MMRDA) is set to bolster its financial position through the strategic leasing of seven prime plots in the prestigious Bandra-Kurla Complex (BKC). This move is expected to generate a substantial revenue of Rs 5,497 crore. The authority has earmarked three of these plots for

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Mahindra & Mahindra Offloads Mumbai Land for Rs 210 Crore
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Mahindra & Mahindra Offloads Mumbai Land for Rs 210 Crore

August 2, 2024
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Mahindra & Mahindra sells 20.5-acre land in Mumbai’s Kandivali to Blueprintify Properties for Rs 210 crore, despite the land’s current NDZ status. In a significant real estate transaction, Mahindra & Mahindra has successfully disposed of a substantial 20.5-acre land parcel strategically located in Mumbai’s Kandivali area. The land, acquired by

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