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Piramal Enterprises Invests Rs 500 Crore in Puravankara's Diverse Real Estate Portfolio

Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.

By Admin

  • 14th Apr 2024
  • 1138 Views
Rapid Progress of SRA in Ramabai Ambedkar Nagar Development Highlights Speed of Urban Renewal

Thousands of families from Ramabai Ambedkar Nagar, a longtime Ghatkopar slum, are moving to high-rise housing in Vasan, Mumbai. The Slum Rehabilitation Authority (SRA) is finishing its survey work quickly to commence the Ramabai Ambedkar Nagar Development Project.

By Admin

  • 14th Apr 2024
  • 1139 Views
Purvarang Society at Mulund Sets An Example in Self-Redevelopment

Mulund's Purvarang Society encouraged self-redevelopment out of fear of fraud, an encouraging gesture. This bold move resulted in the destruction of their old building and a lavish groundbreaking ceremony.

By Admin

  • 12th Apr 2024
  • 1145 Views
Indiabulls Real Estate Gets INR 1160 Crore Boost from Embassy Group

Embassy Group invested Rs 1,160 crore in Indiabulls Real Estate. Preferential allocation brings additional cash into Indiabulls, enabling new South Indian real estate developments.

By Admin

  • 7th Apr 2024
  • 1149 Views
IKIGAI Goa is a Senior Living Project You Have Been Waiting For

IKIGAI Goa, a pioneering senior housing property near Panjim, Goa's dynamic capital, is proudly launched by Manasum Senior housing and Prescon Homes. IKIGAI Goa will open within 90 to 120 days with 240 luxurious, fully serviced one- and two-bedroom homes for contemporary seniors.

By Admin

  • 7th Apr 2024
  • 1142 Views
MahaRERA Record - Over 4000 Projects Registered in 2023-24

MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.

By Admin

  • 6th Apr 2024
  • 1155 Views
Two Tunnels on The Goregaon-Mulund Link Road Will Help in Faster Travel

The Goregaon-Mulund Link Road will reduce Mumbai's traffic. This unique project, which includes two subterranean tunnels 4.70 km from Goregaon East, will speed up transit.

By Admin

  • 6th Apr 2024
  • 1146 Views
Prestige, Kotak, Abu Dhabi Investment Authority Partner For INR 18000 Cr Development Projects

In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.

By Admin

  • 3rd Apr 2024
  • 1153 Views
EPIC Group Enters the Indian market and Appoints Colliers India to Establish its Inaugural Manufacturing Facility in Bhubaneswar

Colliers India is helping Hong Kong-based Epic Group build its first manufacturing plant in Bhubaneswar, Odisha, with a Rs 220 crore project.

By Admin

  • 31st Mar 2024
  • 1156 Views
Why is Senior Living Homes in India a Big Real Estate Opportunity For Developers?

India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.

By Admin

  • 31st Mar 2024
  • 1162 Views
Mumbai Developer Ordered to Compensate Homebuyer with INR 8,50,000

With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.

By Admin

  • 31st Mar 2024
  • 1152 Views
India Ensuring Environmental Balance - New Rules for Wildlife Project Clearances

Ministry of Environment, Forest, and Climate reform (MoEFCC) made a major reform to balance development with animal protection. Large projects in protected areas now need forest permissions before wildlife clearances.

By Admin

  • 27th Mar 2024
  • 1159 Views
MahaRERA Proposes Three-Account System for Real Estate Projects

MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.

By Admin

  • 27th Mar 2024
  • 1147 Views
The Big Count Starts in Dharavi - a Major Step Towards Dharavi Redevelopment

At Kamla Raman Nagar in Mumbai's Dharavi slum, counting houses and people began on Monday to determine who receives a free house. Big plans are in the works for Dharavi Redevelopment Project Pvt Ltd (DRPPL), directed by S VR Srinivas.

By Admin

  • 23rd Mar 2024
  • 1169 Views
Long Due Mumbai-Goa Coastal Highway Project Accelerates

After years of stalemate, the Mumbai-Goa coastal highway project is moving forward. A unified procurement for six bridges by the Maharashtra State Road Development Corporation (MSRDC) is expected to stimulate Konkan tourism and industry.

By Admin

  • 21st Mar 2024
  • 1186 Views
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