Mumbai News Desk

4 hours ago

• A consortium led by Reliance Industries has emerged as the winning bidder for the redevelopment of the Juhu Galli-Gilbert Hill slum cluster in Andheri West, one of Mumbai’s largest rehabilitation projects.
• Spread across nearly 100 acres, the project is expected to transform a densely populated informal settlement into a planned urban precinct through the Slum Rehabilitation Authority (SRA) framework.
• The redevelopment is poised to reshape a key western suburb location while creating rehabilitation housing, upgraded infrastructure and new development opportunities in the area.Read more

11 Jun 2026

Godrej Properties has recorded sales of more than 1,000 apartments worth over INR 2,000 crore in the launch week of its newly unveiled residential project, Godrej Vanantara, in Bengaluru. The strong response comes shortly after the project's launch and highlights sustained homebuyer demand in Bengaluru's residential market. Spread across 36 acres, the development has a total developable area potential of 3.53 million sq ft and an estimated revenue potential of INR 3,700 crore. The performance adds to Godrej Properties' growing presence in key housing markets across India.Read more

10 Jun 2026

Mumbai-based Agami Realty has announced Agami Legends, an ultra-luxury residential project in Kalanagar, Bandra East, overlooking the MIG Cricket Club and Mahim Bay. The development marks a new addition to the city's premium housing segment and is inspired by the values associated with cricket, including discipline, strategy and legacy. Former Indian cricket captain Sunil Gavaskar has joined Agami Realty as its brand ambassador and will endorse the project. Planned as a low-density residential tower with 67 homes, the development aims to combine privacy, connectivity and thoughtfully designed living spaces in one of Mumbai's established residential neighbourhoods.Read more

10 Jun 2026

Godrej Properties has reported home sales worth more than INR 20 billion at the launch of its residential project, Godrej Vanantara. The strong response highlights sustained demand for residential housing despite evolving market conditions. The sales achievement adds to the company's growing portfolio of successful project launches and reflects continued buyer interest in branded developments offered by established developers. The performance is also in line with the broader trend of healthy residential demand seen across key Indian property markets, where end-users and investors continue to drive sales in newly launched projects.Read more

10 Jun 2026

Avani Infratech has announced plans to invest around INR 750 crore over the next five years to develop three real estate projects in Gurugram and Sonipat, Haryana. The Delhi-based developer will launch all three developments during the current financial year, spanning residential, commercial and industrial segments. The planned projects include an integrated residential-commercial development in Sonipat, a group housing project in Sohna Sector 2, and a new industrial township at Sonipat-Kharkhouda. The company, part of the RASA Group, has already delivered six projects covering more than 11 lakh sq yd and maintains a land bank exceeding 300 acres for future expansion. The investment forms part of its strategy to strengthen its presence in emerging growth corridors across northern India.Read more

09 Jun 2026

Naeem Real Estate Holding Group is reviewing a potential restructuring of part of its real estate portfolio as it explores transferring selected assets into a real estate fund. The move is currently under study and forms part of the company's efforts to assess alternative ownership and management structures for certain properties. While the company has not disclosed details regarding the assets involved or the timeline for implementation, the proposal could help streamline asset management and improve operational efficiency. Further details are expected once the evaluation process is completed and a final decision is taken.Read more

09 Jun 2026

Global infrastructure investor I Squared Capital is planning to launch an India-focused infrastructure fund with a target corpus of around INR 5,000 crore, marking a strategic push to attract capital from domestic institutional and high-net-worth investors. The proposed vehicle will focus on sectors such as energy, transportation, logistics and digital infrastructure. The initiative comes as local pension funds, insurance companies and family offices increasingly seek exposure to long-term infrastructure assets, reflecting the growing depth of India's alternative investment ecosystem.Read more

09 Jun 2026

The Telangana government has selected Singapore-based DP Architects to prepare the master plan for Bharat Future City, a large-scale urban development project being developed under the Future City Development Authority (FCDA). The firm emerged as the lowest bidder among six participants in the tender process and is expected to submit the master plan within nine months. Spread across about 765 sq km, the project aims to create dedicated hubs for life sciences, artificial intelligence, advanced manufacturing, data centres, healthcare, education and residential development, supporting Telangana's long-term economic and infrastructure growth plans.Read more

09 Jun 2026

Embassy Developments Ltd has projected a 73 per cent increase in sales bookings to INR 8,000 crore in FY27, supported by strong housing demand across key residential markets. The company plans to launch housing projects worth nearly INR 19,500 crore during the fiscal year across Bengaluru, Mumbai Metropolitan Region (MMR) and Delhi-NCR, while also monetising inventory worth around INR 11,000 crore in ongoing developments. Managing Director Aditya Virwani said demand for quality residential projects from established developers continues to remain healthy despite global uncertainties. The company is also expecting operational and financial improvements following favourable outcomes in key legal matters, including the setting aside of insolvency proceedings by the National Company Law Appellate Tribunal (NCLAT).Read more

09 Jun 2026

Yugen Infra plans to invest around INR 2,000 crore over the next seven to ten years to develop a 500-acre integrated township, Yugen Golf City, along the Maharashtra-Goa border. The Gurugram-based developer has also partnered with healthcare solutions platform Livlong to incorporate healthcare services within the project. The first phase, spread across 100 acres, comprises residential plots and villas and has received encouraging customer response, according to the company. Yugen Infra intends to launch the second phase later this year. The township is being positioned as a mixed-use residential community with a focus on wellness, healthcare access and long-term quality of life, reflecting growing demand for integrated living environments beyond traditional housing developments.Read more