Amrapali Dream Valley homebuyers finally receive keys after long wait
Author : PNT Bureau
Earlier this week, 51 buyers of Amrapali Dream Valley Enchante in Greater Noida West received the keys to their long-awaited apartments, marking a significant milestone after years of delays. The NBCC began the handover process four years after taking charge of the stalled project. While some buyers celebrated their new homes, others are still awaiting possession. The Supreme Court's earlier intervention, holding Amrapali accountable for fund misappropriation, has paved the way for the ongoing completion of this project....
VTP Realty's recent allotment event for its two WOW projects in Hinjewadi Phase 1 set a new benchmark in Pune's real estate market. Attracting over 1,000 prospective homebuyers, the day-long event showcased the grandeur and luxury of the projects, featuring impressive designs and world-class amenities. The overwhelming response resulted in numerous bookings, highlighting the strong demand for these exclusive properties. CEO Sachin Bhandari emphasised the company's commitment to exceeding customer expectations. VTP also engaged its global clientele through live streaming, further solidifying its leadership in the luxury real estate sector. This event transformed the landscape of property launches in Pune....
Prateek Group invests INR 125 crore in an affordable housing project in Ghaziabad
Author : PNT Bureau
Prateek Group, a prominent real estate developer in the NCR region, has announced its investment of INR 125 crore in an affordable housing project, Prateek Aurelia, located in Siddharth Vihar, Ghaziabad. The project, aimed at EWS (Economically Weaker Sections) and LIG (Low-Income Group) families, is part of the Uttar Pradesh Government's Township Policy. The project will offer modern amenities and excellent connectivity, with booking registrations open for a limited time. This initiative is a major step toward providing quality housing solutions for low-income families in the region....
The Wadhwa Group launches 'Evara' Signature Villa Plots at Wadhwa Wise City, Panvel
Author : PNT Bureau
The Wadhwa Group has launched 'Evara,' a signature villa plot development in the Wadhwa Wise City integrated township in Panvel. These premium plots, starting from 1,600 sq. ft. and priced from INR 1.49 crore, are nestled in lush surroundings while offering easy access to Navi Mumbai and Mumbai. Residents can enjoy various amenities, including retail plazas and a sports complex, amid extensive greenery....
Experion Elements Phase 1: A record-breaking success with INR 900 crore in sales
Author : PNT Bureau
Experion Developers, a subsidiary of Singapore-based Experion Holdings, has achieved a significant milestone with the complete sell-out of Phase 1 of their flagship luxury residential project, Experion Elements, located in Sector 45, Noida. The project generated INR 900 crore in sales, highlighting the demand for premium homes in the region. Featuring cutting-edge amenities such as EV charging stations, a cineplex, and a pickleball court, Experion Elements stands out as a prime example of modern, sustainable urban living. Following this success, the launch of Phase 2 is eagerly anticipated....
Birla Estates' Trimaya Phase 2 reaches INR 600 crore in bookings
Author : PNT Bureau
Birla Estates, a subsidiary of Aditya Birla Real Estate Limited, has achieved remarkable success with Phase II of its Birla Trimaya project, selling 95% of its inventory within 24 hours and securing bookings worth INR 600 Crore. This follows the strong performance of Phase I, which garnered INR 500 Crore in 36 hours. The entire 52-acre project, located in North Bengaluru, is expected to generate around INR 3,000 Crore in revenue. Birla Estates continues to expand across key Bengaluru markets with various premium projects....
Macrotech expands portfolio with new projects worth INR 55 billion in Pune and Bengaluru
Author : PNT Bureau
Macrotech Developers reported 21% year-on-year growth in pre-sales for Q2 FY25, achieving INR 42.9 billion. For the first half of FY25, pre-sales reached INR 83 billion, maintaining 21% YoY growth, keeping the company on track to meet its full-year pre-sales growth-target of 20%. Collections for Q2 FY25 grew 11% YoY to INR 30.7 billion. The company added four projects in Pune and Bengaluru with a gross development value (GDV) of INR 55 billion. Macrotech's business development in H1 FY25 reached INR 166 billion, 75% of its annual target, while its net debt stands at INR 49.2 billion....
Jenika Ventures hosts successful investment event with M3M in Ranchi
Author : PNT Bureau
Jenika Ventures hosted a successful "Meet and Greet" event at Radisson Blu Hotel, Ranchi, showcasing investment opportunities with M3M, a leading North Indian developer. The event attracted over 100 attendees, including business professionals and politicians, and was widely promoted across Ranchi. Key representatives from both companies expressed enthusiasm for the collaboration and future plans for expansion in the real estate sector....
Amrapali Leisure Valley ordered to close illegal borewells within 15 days
Author : PNT Bureau
The groundwater department has directed the AOA of Amrapali Leisure Valley in Greater Noida West to close all private borewells within 15 days and submit a compliance report, following the discovery of 50-60 unauthorized borewells. The society, which has around 800 villas but lacks a completion certificate and a water connection from GNIDA, relies on eight shared borewells for water. Ankita Rai from the groundwater department confirmed these borewells will remain operational, while individual villa owners' borewells will be decommissioned. The AOA asserts that only NBCC, responsible for water supply, should be held accountable. Decisions on fines are pending....
Xanadu Realty, in collaboration with Delta Group, Bhagwati Group, and Pyramid Group, has announced Celestria, a premium residential project in Airoli, Navi Mumbai. Spanning 1 million square feet and valued at INR 1,800 crore, the development will offer nearly 1,000 units of 2BHK, 3BHK, and 4BHK homes. With prices ranging from INR 1.4 crore to INR 4 crore, Celestria is set to redefine luxury living in Navi Mumbai, combining innovative design and quality construction in one of the city's prime residential hubs....
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