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MahaRERA mandates strict parking regulations to prevent disputes
Publish on : 2024-05-07 13:36:29
Following the registration of apartments, realty developers are mandated to incorporate these specifics into the allotment letter and agreement for sale, ensuring transparency and adherence to regulations. In a bid to avoid conflicts over parking spaces in residential developments, the Maharashtr...
Brookfield plans $10 billion investment in Indian real estate in 3-5 years
Publish on : 2024-05-07 13:34:20
Brookfield--one of the largest office owners and operators in India—currently has a portfolio spanning more than 51 million sq ft across seven key Indian cities. 
Brookfield Asset Management, one of the world's largest institutional investors, plans to invest more than $10 billion in India over the...
MahaRERA proposes to mandate developers to mention amenity details with deadlines
Publish on : 2024-05-07 13:32:03
MahaRERA, the real estate watchdog, has proposed the norms to put an end to the uncertainty of guaranteed facilities and amenities in housing projects, according to a statement. MUMBAI: Developers in Maharashtra may soon have to mention the finer details of amenities at housing projects and a dea...
Registration of properties in Mumbai region up 11% in April 2024
Publish on : 2024-05-07 13:29:38
According to Knight Frank, the registration of properties stood at 11,621 units at 8 pm tonight. The numbers might increase to 11,650 units by the close of the registration process on Tuesday. NEW DELHI: Registration of properties in the Mumbai municipal area rose 11 percent in April to 11,621 un...
Godrej & Boyce, Godrej Properties to continue alliance for land development in Mumbai
Publish on : 2024-05-07 13:27:41
Godrej Construction, a business of Godrej & Boyce, designed and built four phases of Godrej Platinum, a residential development project with a total constructed area of 1 million sq ft, which has been marketed by Godrej Properties. Godrej Group entities Godrej & Boyce and Godrej Properties, as pa...
Kalpataru to redevelop four acre housing society in Mumbai
Publish on : 2024-05-07 13:25:31
Kalpataru Ltd acquires rights for housing society redevelopment in Lokhandwala, Mumbai with significant revenue potential. Multiple redevelopment projects in progress in Mumbai suburbs. Market achieves record highs despite rising property prices. Realty developer Kalpataru Ltd has acquired the ri...
New condo in Mumbai's old neighbourhood combo deal commands highest price
Publish on : 2024-05-07 13:23:41
In Mumbai, the real estate landscape is evolving with a shift towards modern amenities in new luxury condos. High prices in prime locations like Carmichael Road and Walkeshwar Road reflect the demand for upscale living in the city. MUMBAI: While old A-lister buildings in tony neighbourhoods su...
Brick by brick, Pirojsha changed the realty game at Godrej
Publish on : 2024-05-07 13:21:18
Pirojsha Godrej's strategic leadership at Godrej Properties during the global financial crisis led to innovative approaches like joint developments and a capital-lite model. His focus on efficiency and immediate project launches propels the company's growth. Pirojsha Godrej was fresh off the B-sc...
Embassy REIT to invest Rs 3,800 crore in four years
Publish on : 2024-05-07 13:18:25
To expand its portfolio, Embassy REIT is constructing 6.1 million (61 lakh) square feet of premium office space in Bengaluru to cater to rising demand from global capability centers (GCCs) and also domestic players. NEW DELHI: Bullish on demand for premium workspace, Embassy Office Parks REIT wil...
Blackstone in talks to acquire Adani Realty’s BKC office tower for Rs 2,000 crore
Publish on : 2024-05-07 13:15:46
Blackstone Group is finalizing the acquisition of Adani Realty's Inspire BKC in Mumbai's Bandra-Kurla Complex. The deal is set at Rs 1,800-2,000 crore for the 800,000 sq ft tower, with various prominent companies as occupants. Blackstone Group is in advanced talks to buy Adani Realty’s commercial...

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