25 Feb 2025

The Rajasthan government has allocated INR 12,000 crore for Jaipur Metro Line 2, marking a milestone in the city's public transport expansion. The new line will connect Sitapura to Ambabari and extend to Vidhyadhar Nagar, improving accessibility. Managed by the newly formed Rajasthan Metro Railway Corporation (RMRC), the project signals a shift from the Bus Rapid Transport System (BRTS) to metro expansion. Alongside, INR 250 crore is earmarked for infrastructure projects, including flyovers, elevated roads, and green spaces. With a focus on sustainable urban mobility, the metro initiative aims to enhance connectivity, ease congestion, and drive economic growth in Jaipur.Read more

25 Feb 2025

Bollywood superstar Shah Rukh Khan has leased two luxury duplex apartments in Mumbai's upscale Pali Hill locality, Khar West, for a combined annual rent of INR 2.9 crore. The leases, signed with producer Jackky Bhagnani and his family, are for 36 months and were registered on February 14. The first duplex, at Puja Casa, comes with a monthly rent of INR 11.54 lakh and a security deposit of INR 32.97 lakh, while the second, located in a building owned by Vashu Bhagnani, has a monthly rent of INR 12.61 lakh with a security deposit of INR 36 lakh. These high-end leases reflect a growing trend among Bollywood celebrities opting for rented luxury properties.Read more

Arun Nair

24 Feb 2025

India is witnessing a transformative shift in land management and property administration with state governments adopting digital solutions. In Karnataka, a GPS-based system and modern rovers have drastically reduced survey times, while advanced drone and RTK technologies ensure accurate mapping and secure land records. Puducherry's pilot drone project integrates geo-referenced maps with property data, aiding local administration. Gujarat is also modernizing its processes, with plans to digitize registrations and deploy QR code systems to streamline services for Gujarat real estate. These initiatives are part of a broader drive to enhance digital infrastructure and transparency, modernizing age-old practices across India comprehensively.Read more

24 Feb 2025

Actress Amrita Singh has bought a luxury residential apartment in the Peninsula building, part of Nutan Laxmi Cooperative Housing Society in Juhu, Mumbai, for INR 18 crore. The flat measures a built-up area of 252.04 square metres (2,712.9 square feet) and is accompanied by three car parking spots. The cost per square foot is INR 66,359. The deal involved paying stamp duty of INR 90 lakh and a registration fee of INR 30,000, according to documents from the Inspector General of Registration (IGR) seen by Square Yards. This purchase comes on the heels of a commercial property bought by Singh and her daughter Sara Ali Khan in Oshiwara in October 2024. Actor Varun Dhawan has also recently invested in two luxury flats in Juhu, making the area even more sought after as a hub for Bollywood stars.Read more

24 Feb 2025

Google has opened its expansive new campus, Ananta, in Mahadevapura, Bengaluru. With a seating capacity for over 5,000 employees across divisions including Android, Cloud, and DeepMind, the campus emphasizes collaboration and individual work with diverse, accessible workspaces. Constructed using local materials, Ananta incorporates eco-friendly technologies such as water recycling, rainwater harvesting, and smart photochromic and electro-chromic glass. Google's expansion in Mumbai with premium leased spaces further underscores the company's investment in India's digital future, creating significant real estate news for the property market India and driving innovation globally.Read more

24 Feb 2025

Recent developments in Mumbai infrastructure underscore the city's drive for enhanced urban connectivity and safety. The Mumbai Metropolitan Region Development Authority secured a INR 7326 crore loan to finance the ambitious Orange Gate to Marine Drive underground metro project, featuring a 9.2 km coastal road and 6.52 km dual tunnels with emergency lanes. These projects improve east-west links and establish a South Mumbai ring route. In parallel, Mumbai infrastructure news highlights the Brihanmumbai Municipal Corporation's civic budget increase, funding essential repairs, bridge reconstructions, and road upgrades across Mumbai and Thane, reaffirming a bold strategy for a resilient, globally competitive metropolis.Read more

21 Feb 2025

The Mumbai-Nagpur Samruddhi Expressway is nearing completion on its 76-km stretch between Igatpuri and Amane near Bhiwandi, with officials expecting it to open by March. The Maharashtra State Road Development Corporation (MSRDC) has confirmed that final works, including lane marking and painting, will be completed soon, making the highway ready for public use. The project, initially delayed due to political transitions, aims to enhance connectivity and reduce travel time. Additionally, MSRDC is addressing concerns regarding the lack of roadside amenities by developing ten utility areas along the corridor. The expressway will integrate with the Mumbai-Vadodara Expressway at Amane, further improving regional transport links.Read more

21 Feb 2025

The Andhra Pradesh government has outlined land acquisition details for the Vizag metro rail project, requiring 99.8 acres, including nine acres of private land. Phase one, covering 46.23 km with 42 stations, has an estimated cost of INR 11,498 crore. Key corridors include Vizag Steel Plant to Kommadi, Gurudwara to Old Post Office, and Thatichetlapalem to Chinna Waltair. Political delays slowed progress, but the NDA-led government is now seeking full central funding. With tenders pending approval, the project is set to enhance Vizag's transport infrastructure, though land acquisition and funding challenges remain critical hurdles.Read more

21 Feb 2025

Navi Mumbai Municipal Corporation (NMMC) has been included in the 'Super Swachh League' along with Indore and Surat in the Swachh Survekshan rankings. A 21-member study group from the Indian Institute of Management (IIM) Indore recently visited NMMC to understand wastewater management practices. The delegation explored key infrastructure, including the sewage treatment plants and recycled water usage. Additionally, a special meeting led by Municipal Commissioner Dr. Kailash Shinde was held with construction professionals, architects, and contractors to encourage the use of tertiary treated water for construction and industrial purposes. Experts highlighted the benefits of treated water in reducing dependency on drinking water, with industry representatives expressing their willingness to cooperate.Read more

20 Feb 2025

Zaheer Khan, accompanied by his wife Sagarika Ghatge and her brother Shivjeet Ghatge, recently bought an apartment in Lower Parel, Mumbai, for INR 11 crore. The spacious apartment, located in Indiabulls Sky, offers 2,158 sq ft of carpet area and 2,590 sq ft of built-up space. The deal involved a stamp duty of INR 66 lakh and a registration fee of INR 30,000. The transaction was completed in February 2025. The current average resale price in the project stands at INR 49,096 per sq ft.Read more