Page 32 - Prachi Pisal

Mumbai's Worli sees ultra-luxury deals worth Rs 4,862 cr in 2 yrs: Anarock

The locality had a total housing supply of 4,600 units till 2024, with an average price of Rs 75,000 per square foot

Indian developers buy land parcels worth Rs 39,700 crore in 2024: JLL

Investments of about Rs 62,328 crore will be needed to develop these land parcels

Roadstar InvIT may onboard strategic partner to acquire large road assets

The InvIT wants to keep all options open, with acquisitions purely based on value. However, it may preferably target assets from the NHAI

Kajol buys retail space in Mumbai's Goregaon West for Rs 28.78 crore

The property has been sold by Bharat Realty Ventures, a Mumbai-based real estate developer

Rupee fall boosts NRI investments in luxury and ultra-luxury properties

Several realty majors like DLF, BPTP, Mahindra Lifespaces, Rustomjee group and more, have seen an increase in share of NRI investments in their offerings

Akshay Kumar sells Mumbai apartment in Borivali East for Rs 4.35 crore

The 1,073 sq ft apartment was bought in November 2017 for Rs 2.37 crore

Dharavi redevelopment contract: SC seeks response from Maha govt, Adani

UAE-based SecLink Technologies had filed a plea challenging the state govt's decision to cancel its 2019 bid for the Dharavi redevelopment project and award the tender to Adani Properties in 2022

BNP Paribas leases office in Mumbai's BKC for Rs 811 per square feet

The French financial services firm will pay a total rent of Rs 28.36 lakh per month

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

This will be India's biggest and Asia's second-largest Reit IPO

Tesla drives into Indian mkt with showroom in Mumbai's commercial hub BKC

According to the registration documents provided by Propstack, a real estate data analytics firm, Tesla's new showroom is in Maker Maxity, with a rental of Rs 35.26 lakh per month

Cluster redevelopment in Mumbai races against time amid red tape

While the Maharashtra government has been promoting the scheme since 2018, it recently called for an audit of 13,000 cessed buildings in the Mumbai Metropolitan Region to ensure timely redevelopment

Mumbai-based Pranav Constructions files DRHP for Rs 392 crore IPO

OFS includes 28,56,869 equity shares by the promoter and investors

Mumbai property registrations fall 4% in February: Knight Frank India

11,541 property sale registrations second highest till date, contributing Rs 896 crore revenue

JSW Infrastructure seeks inorganic growth to expand logistics business

Look to invest Rs 9,000 crore as capex for logistics division

ROADIS' India unit raises $316.3 mn via dollar-denominated bond issuance

ROADIS Group, a PSP Investments owned road investment platform, fully controls the Varanasi-Aurangabad highway

After Zara exit, Purple Style Labs leases Mumbai's Ismail Building

The luxury fashion brand will pay a monthly rent of Rs 3 crore for the first year of the lease period

India's differentiator in realty is vibrant work ecosystem: Neil Murray

Murray shared his insights on the country's growing commercial real estate sector

Spanish fashion brand Zara shuts flagship Mumbai store at Hutatma Chowk

Zara, which is part of the Inditex Group, entered the country in 2010 through a joint venture with the Tata Group

Panchshil Realty affiliate buys land parcels worth Rs 615 cr in Navi Mumbai

Gramercy Info Park Private Limited is located in Pune and was incorporated in 2022

Realtors upbeat as 13,000 Mumbai buildings are audited for redevelopment

Old, dilapidated structures could be turned into new residential units but work to turn them around is challenging