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Latest News
Macrotech Developers' sales bookings up 12% annually to Rs 3,530 crore in Jul-Sep 2023
Publish on : 2023-10-07 14:23:00
In a regulatory filing, Macrotech Developers, which sells its projects under the Lodha brand, informed that the company achieved its best-ever quarterly pre-sales performance of Rs 3,530 crore in Q2 of FY'24. NEW DELHI: Realty firm Macrotech Developers on Thursday reported a 12 percent year-on-ye...
InterGlobe Hotels to invest about Rs 550 crore on two new properties by 2025
Publish on : 2023-10-07 14:20:31
The company -- a 60:40 joint venture between InterGlobe Enterprises Pvt Ltd and Accor Asia Pacific -- opened its new 'ibis Styles' hotel here and plans to open a new property under the 'ibis' brand in Mumbai by the end of next year, followed by the launch of a new hotel under the Novotel brand in Be...
Prestige Group's sales bookings jump two-fold to Rs 7,092 crore in Q2 FY24
Publish on : 2023-10-07 14:17:03
In a regulatory filing, Prestige Group informed that it has registered sales of Rs 7,092.6 crore, up by 102 per cent year-on-year (yoy). The collections from customers rose 1 per cent to Rs 2,639.8 crore. NEW DELHI: Realty firm Prestige Group on Friday reported more than two-fold jump in sales bo...
Maharashtra CM orders fire safety audits of all SRA buildings
Publish on : 2023-10-07 14:14:49
Seven people, including two minors, were killed and 62 injured, of which five are critical, in a fire in the Jay Bhavani SRA building. Shinde visited the site of the fire and also met some of the injured who had been admitted to Trauma Care Hospital in Jogeshwari. MUMBAI: Against the backdrop of...
Putting poor in vertical slums does not make for safe housing: Experts
Publish on : 2023-10-07 14:12:25
Professor Amita Bhide, Centre for Urban Policy and Governance, Tata Institute of Social Sciences (TISS), said moving from a slum to a rehab building offers a lifestyle change that only about 25% of the slum dwellers are able to achieve. MUMBAI: A free tenement through the Slum Rehabilitation Sche...
Bombay HC asks BMC to grant builder TDR in four weeks
Publish on : 2023-09-20 12:16:25
The order by the HC bench of Justices Gautam Patel and Kamal Khata came after the MMRDA contended on oath that it is not the planning authority for a portion of the Sahar Elevated Road that was built on the land belonging to Eversmile Construction Company Pvt Ltd. MUMBAI: The Bombay high court th...
MMRDA proposes to set up 350 sq km 'town' across Mumbai harbour
Publish on : 2023-09-20 12:12:45
The authority is aiming to make the region the fastest growing centre in the country in the next decade on the back of Navi Mumbai International Airport (NMIA) and the Mumbai Transharbour Link (MTHL), its commissioner Sanjay Mukherjee said. MUMBAI: The Mumbai Metropolitan Regional Development A...
Bombay HC asks BMC to grant builder TDR in four weeks
Publish on : 2023-09-20 12:06:57
The order by the HC bench of Justices Gautam Patel and Kamal Khata came after the MMRDA contended on oath that it is not the planning authority for portion of the Sahar Elevated Road that was built on the land belonging to Eversmile Construction Company Pvt Ltd. MUMBAI: Bombay high court this...
MahaRERA suspends 388 realty projects' registration for not providing quarterly updates
Publish on : 2023-09-20 12:04:59
This information is required to be updated as per the Real Estate (Regulation & Development) Act, 2016. The regulation states that realty developers must register their projects with MahaRERA and update the information related to the same on a quarterly basis. The Maharashtra Real Estate Regulato...
Hinduja Group's headquarters in Mumbai to get a makeover
Publish on : 2023-09-20 12:02:58
The group, which employs over 200,000 people, is looking to complete the redevelopment of this property over the next 3-4 years.The ground plus five-storey property overlooking the Arabian Sea was built by the group in the 1980s. Hinduja Group, the century-old Indian transnational conglomerate, i...

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