A company owned by Surat-based diamond merchant Ghanshyambhai Dhanjibhai Dholakia has bought a bungalow at Worli Sea face in Mumbai for Rs 185 crore. Bungalows can rarely be found on sale in the Mumbai real estate market. The seller of the property is Arkay Holdings Limited, which is a firm owned by... Read more...
Flyjac Logistics, a subsidiary of Japanese firm Hitachi Transport System Group, has acquired 22.3 acre land in Macrotech Developers’ industrial park in the Mumbai region. Macrotech Developers, erstwhile Lodha Developers, said it has signed a deal with 3PL (third party logistics) provider, Flyja... Read more...
One of the fastest growing suburbs of Mumbai, the Malad-Goregaon region is situated in the north-west part of the city. From being a sparsely populated outskirt, it has transformed into a vibrant residential, commercial and IT hub owing to the various developments, especially since the turn of the m... Read more...
Social networking major Facebook has picked up 90,000 sq ft office space at commercial tower One BKC in Mumbai’s business district Bandra-Kurla Complex (BKC) through renewal and new lease agreements with Blackstone Group. The office space is being expanded while the company is planning a cautious ... Read more...
Manju Yagnik - Vice Chairperson, Nahar Group and Senior. Vice President NAREDCO (Maharashtra) in conversation with Sapna Srivastava asserts that we need to make amends towards the environment and pledge towards a sustainable development. HOW CAN WE MINIMIZE THE IMPACT OF CONSTRUCTION ON THE ENVIR... Read more...
The Adani group has completed the acquisition of Mumbai International Airport Limited (MIAL) and will begin construction of the Greenfield airport in Navi Mumbai next month. The Adanis already have six airports in their portfolio and with the addition of Mumbai airport the group will control contr... Read more...
Gurugram-based real estate consultancy firm Rise Infraventures Limited has announced that it is targeting to achieve a cumulative sales of Rs 2,000 crore by end of FY2021-2022. The company expects a gross sale of Rs 30-50 crore starting from the third quarter. The Mumbai office will be operational b... Read more...
Piramal Realty has set a new benchmark in premium living by foraying into digitally enabled apartments with the launch of ‘DigiSelect Homes’ across its residential portfolio in Mumbai. These digitally enabled homes will boost the convenience/luxury quotient with advanced technology that will ... Read more...
Hiranandani Group develops 2.6mn commercial real estate space in Hiranandani Estate Township spanned across 350 acres on Ghodbunder Road, Thane near Mumbai. The group deploys nearly Rs 1000 crores of investment for this development at Hiranandani Business Park. The ready to lease ‘Quantum’ is a... Read more...
Realty firm Godrej Properties Ltd (GPL) plans to invest more than USD 1 billion over the next couple of years to acquire and develop new projects as part of its target to achieve higher growth. "We sold 9,345 homes at an average of over 25 homes per day. Our QIP in March raised ₹3,750 crore, and a... Read more...