14 Oct 2025

Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, acquired a 13.46-acre parcel of land in Pune's Nande-Mahalunge locality to develop a residential project with an estimated development potential of INR 3,500 crore. The firm, which withheld details of the seller, also unveiled plans to redevelop four housing societies in Malad (West), Mumbai, projecting around INR 800 crore in revenue from the sale of the free-sale component.Read more

14 Oct 2025

Google will invest USD 10 billion to establish a large-scale data centre and artificial intelligence hub in Visakhapatnam, Andhra Pradesh, marking its biggest investment in India so far. The project involves building a 1-gigawatt data centre campus equipped with AI infrastructure, renewable energy systems, and expanded fibre-optic connectivity. The Andhra Pradesh government has also announced plans to scale data capacity to 6 GW in the coming years. However, some legal and land acquisition issues have arisen around the project's designated sites.Read more

14 Oct 2025

Hindustan Construction Company (HCC) recently revealed that it had secured a contract valued at INR 204 crore from Hindalco Industries Limited for critical works linked to the Aditya aluminium smelter expansion project in Odisha. The contract encompasses fabrication, supply, and erection of pot shells and superstructure, representing a significant element of Hindalco's ongoing efforts to boost its aluminium smelting capacity by 200,000 tonnes per annum. The project highlights HCC's proven expertise in large-scale industrial construction and its ability to deliver complex assignments to international quality benchmarks.Read more

14 Oct 2025

Wagle Estate in Thane has developed into a community where living close to work is practical and convenient. The area combines residential complexes with office spaces, allowing professionals to reduce commute times while enjoying a better work-life balance. With good connectivity to Mumbai, nearby IT parks, educational institutions, healthcare facilities, shopping, and recreational options, the locality supports modern urban living. Developers continue to build projects that reinforce the walk-to-work lifestyle, making Wagle Estate an example of a well-planned neighborhood where homes, offices, and essential amenities coexist efficiently.Read more

13 Oct 2025

Vascon Engineers has received a redevelopment contract worth INR 161 crore from MSEB Holding Company Ltd for the Saudamini Building project in Mumbai's Mahalaxmi area. The work, expected to be completed within 36 months from commencement, marks a key addition to Vascon's redevelopment portfolio in the city. The company said its ongoing and upcoming projects in Mumbai's Santacruz, Powai, and nearby markets together span about 0.4 million sq ft, valued at around INR 1,050 crore, and are projected to contribute half of its overall real estate portfolio by FY27.Read more

13 Oct 2025

Earlier this week, the Lucknow Development Authority (LDA) announced that it would reopen registrations for some 500 residential plots under the Anantnagar Housing Scheme coinciding with Diwali. The project, spread across 785 acres, includes plans for an Education City and modern infrastructure. Plot sizes range across multiple categories, and rates remain fixed. Additionally, the state government has approved significant funding for two new LDA housing projects - Varun Vihar and Naimish Nagar - set to further expand residential offerings in the region.Read more

13 Oct 2025

Dharma Productions has leased a 5,500 sq. ft. office in Andheri West, Mumbai, for a four-year term at INR 15 lakh per month, with a 5% yearly escalation totaling approximately INR 7.75 crore. The lease also includes a security deposit of INR 1 crore and registration costs. Located in the premium Signature building, Andheri West's connectivity to key business districts and the airport makes it a preferred commercial hub. This move follows Karan Johar's earlier rental in Pali Hill and the 2024 sale of a 50% stake in Dharma Productions.Read more

13 Oct 2025

Maharashtra Housing and Area Development Authority (MHADA) has made eight luxury 3BHK flats in Tardeo's Crescent Tower available on a first-come-first-serve basis. Ranging from INR 5.95 crore to INR 7.58 crore with a carpet area of 2,285 sq ft, these high-end apartments were earlier leased to MHADA officials and vacated in 2022. An online lottery conducted in 2023 saw 43 applicants, but most withdrew after visiting the flats. The tower offers sea-facing views, security, gym, and quarters for domestic help, located near key city landmarks.Read more

12 Oct 2025

Tata Housing has achieved sales exceeding INR 1,000 crore in its new residential project, Varnam Phase I, located in North Bengaluru. Part of the 135-acre integrated township Carnatica, the 20-acre phase recorded sales of 377 units, comprising apartments, townhouses, and row houses, since its launch in August. Company officials said the response reflects growing demand in Bengaluru's premium housing segment. Tata Housing, a subsidiary of Tata Realty & Infrastructure Ltd, currently manages over 34 projects with 0.63 million sq m of development potential across India and the Maldives.Read more

12 Oct 2025

The State Bank of India (SBI) is set to acquire 200 ready-to-move-in two-bedroom apartments across the Mumbai Metropolitan Region for its employees, in a bulk deal valued at around INR 294 crore, excluding taxes. The bank has invited developers to submit proposals for units in central suburbs, western suburbs, the Thane-Kalyan belt, and Navi Mumbai from Kharghar to Panvel. Each apartment must have a MahaRERA-approved carpet area of approximately 55.74 sq. m. and be less than five years old. The purchase will also include 400 parking slots.Read more