28 Aug 2025

Suraj Estate Developers Limited, a prominent South Central Mumbai-based real estate firm, has acquired a land parcel at N.M. Joshi Marg, Lower Parel, for INR 6.44 crores, inclusive of registration and stamp duty. The plot will be merged with its adjoining Ambavat Bhavan project to form a consolidated land bank, enabling a premium residential development with an estimated GDV of INR 130 crores. Positioned under DCPR 33(7), the scheme will feature optimised layouts, enhanced frontage, and extensive parking, catering to the value-luxury housing demand in Mumbai's Lower Parel micro-market.Read more

28 Aug 2025

A recent report released by the Association of Senior Living India (ASLI) in partnership with JLL India highlighted that the organised senior living sector is set for significant expansion. The supply of senior homes, which currently stands at 22,157 units, is projected to rise sharply by 2030, with estimated investments ranging from INR 26,000 crore to INR 50,100 crore depending on growth momentum and policy support. Despite this growth, the report underlined that the demand-supply gap will remain considerable, with rising life expectancy and shifting family structures continuing to drive demand.Read more

28 Aug 2025

My Home Constructions has named Abhishek Kapoor as its new Chief Executive Officer, signaling a major push for market expansion. Kapoor, the former CEO of Puravankara Limited, is tasked with spearheading the company's entry into the competitive markets of Bengaluru, Chennai, and Mumbai. This appointment aligns with the company's plans to deploy over USD 2 billion into new projects, including warehousing and industrial parks. Kapoor's proven track record of driving significant operational turnarounds at his previous firm is expected to be a key asset in leading My Home's ambitious growth strategy.Read more

27 Aug 2025

House of Hiranandani's Lightbridge IT park in Powai, Mumbai, has achieved the IGBC Platinum Rating, reflecting the company's commitment to sustainable commercial development. Spanning 6,00,000 sq. ft., Lightbridge integrates advanced energy-efficient systems, maximizes natural light, and provides a healthy workspace. Strategically located near metro lines and key urban infrastructure, it attracts multinational and Indian corporates alike. Hosting tenants such as CRISIL and WeWork, the building offers future-ready infrastructure, smart automation, and green landscapes. This project reinforces House of Hiranandani's reputation as a leader in sustainable, high-performance commercial developments.Read more

27 Aug 2025

In one of Mumbai's latest high-value real estate transactions, Mr. Pradeep Gupta, the Co-founder & Vice-Chairman of Anand Rathi Wealth, and his wife have purchased a luxury apartment in the prestigious 'Three Sixty West' project in Worli for INR 131 crore. The deal, which was registered on August 20, 2025, reflects the soaring demand for ultra-premium properties in the city. The apartment, located on the 55th floor, is part of a mixed-use project developed by Oberoi Realty and also houses The Ritz-Carlton Hotel, solidifying Worli's status as a key destination for Mumbai's affluent.Read more

26 Aug 2025

Gaurs Group is set to invest INR 1,400 crore in a new premium residential project on a 12-acre land parcel in Sector 22-D along the Yamuna Expressway, Gautam Buddh Nagar. The development aligns with the region's expected growth, particularly with the airport nearing operational status. The company has already established a 150-acre township in the corridor and continues to seek new land for expansion. Since its inception, Gaurs Group has delivered around 75,000 residential units across 70 projects and diversified into education, sports, and solar energy, strengthening its overall presence in the real estate sector.Read more

26 Aug 2025

NBCC Ltd has secured a contract to develop a 95-acre mixed-use project in Rajasthan, with an estimated investment of INR 3,700 crore. The project, approved by the state government, will feature the Rajasthan Mandapam Convention Centre with 7,500 seats, a GCC Tower, an IT Tower, luxury hotels, and commercial and residential spaces. Situated along the B2 Bypass on Tonk Road, NBCC will act as the lead agency managing design, construction, and marketing. This project highlights the company's continued focus on large-scale urban and infrastructure developments.Read more

26 Aug 2025

Anjali Tendulkar, the wife of cricket legend Sachin Tendulkar, has purchased a 391 sq ft apartment in Virar, near Mumbai, for INR 32 lakh. The apartment, located in the Peninsula Heights building, was registered on May 30, 2025. This transaction highlights the continued investment in real estate in the Mumbai Metropolitan Region (MMR), with Virar being an attractive option due to its affordability and connectivity. The purchase, which included a stamp duty of INR 1.92 lakh, also saw Anjali Tendulkar benefit from a 1% concession on stamp duty as a woman homebuyer in Maharashtra.Read more

26 Aug 2025

Microsoft India (R&D) has secured a significant office lease in Hyderabad's financial district, occupying 264,000 square feet at Phoenix Centaurus. The five-year agreement, effective from July 2025, involves a base rent of INR 1.77 crore per month, escalating annually by 4.8%. The total monthly outgo, including additional expenses, amounts to INR 5.4 crore. This expansion underscores Microsoft's commitment to enhancing its research and development capabilities in India, particularly in Hyderabad's thriving tech ecosystem.Read more

25 Aug 2025

Bengaluru-based Brigade Group has secured a nine-acre land parcel in Chennai's IT corridor on a 55-year lease from YMCA. This strategic acquisition in the OMR (Old Mahabalipuram Road) area provides the company with a significant development potential of 1.6 million sq ft. The company plans to build a Grade-A office complex and a 200-key JW Marriott hotel, strengthening its commercial and hospitality footprint in Chennai. This move capitalizes on the city's robust real estate market, which is experiencing growth fueled by infrastructure development and high demand for both commercial and residential properties in the IT sector. The project is a key part of Brigade's expanding presence in the region.Read more