22 Jul 2023

The Greater Noida Industrial Development Authority (GNIDA) has served a notice to Town Park Buildcon for unauthorized construction and commercial activities at White Orchid society in Gaur City 2, Sector 16C. The developer has been ordered to cease these activities and provide an explanation. Unapproved construction was confirmed after a resident's complaint led to an on-site inspection. The developer and flat owners have refrained from commenting on the matter. Non-compliance with the order could result in legal action.Read more

21 Jul 2023

Merlin Group, a leading real estate conglomerate in Eastern India, has launched Serenia, the tallest residential condominium on B.T. Road in Kolkata. The project, a joint venture between Eden Realty and Merlin Group, spans 4.5 acres and features four towers with 28 floors each, offering panoramic views of greenery and an 18-acre lake. With 832 spacious apartments and a range of lifestyle amenities, Serenia aims to redefine quality living in North Kolkata. The strategic location and modern design make it an ideal choice for professionals and families seeking a liberating and luxurious living experience. Construction is set to be completed by December 2028.Read more

21 Jul 2023

Mantra, a leading luxury real estate developer, has launched two towers at their 29 Gold Coast Project in Tingre Nagar, Pune. The unveiling ceremony showcased Mantra's commitment to providing exceptional living experiences and served as an opportunity to discuss future plans and upcoming projects with channel partners. The project offers 2 and 3 BHK units with a planned possession date in 2025, ensuring timely delivery. Situated in Tingre Nagar, the project boasts contemporary architecture, modern amenities, and excellent connectivity to key areas.Read more

20 Jul 2023

The promoters of Rashmi Housing, a realty developer undergoing insolvency proceedings, illegally sold 82 apartments in violation of the law. As a result, the National Company Law Tribunal (NCLT) nullified the sale and imposed fines on the promoters. The company was admitted under insolvency in 2018, and the suspended directors were informed about the implications of the moratorium. The resolution professional consistently maintained that no permission had been granted for sales agreements during or before the insolvency process. The NCLT's decision upholds the integrity of the insolvency process.Read more

19 Jul 2023

Enzyme Office Spaces, a leading provider of plug-and-play office solutions in Bengaluru, is expanding its managed workspace portfolio with a new facility in Whitefield. The 1 lakh square feet workspace, set to be operational by November 2023, will cater to the growing demand for flexible workspaces in the city. With this expansion, Enzyme Office Spaces will offer over 27,000 seats across Bengaluru. The company's success reflects the increasing popularity of managed workspaces, driven by cost efficiencies and the rise of hybrid work models. Enzyme Office Spaces aims to support emerging start-ups in sectors like fintech and AI, providing cost-effective infrastructure solutions.Read more

18 Jul 2023

Amayah, a project by Aranayam, offers 10 luxurious villas in the premium residential area of Assagao, Goa. It is the first Green Building certified project in the area, providing a chic environment and a sense of tranquility. Each villa features 4 ensuite bedrooms, a study room, servant's room, private pool, open-air shower, steam room, and more. The villas exhibit Indo-Portuguese architecture and limited-edition luxury, blending contemporary and modern elements. The gated community ensures safety and security, while the surrounding area boasts trendy eateries and boutiques.Read more

18 Jul 2023

The Sayar Group, a prominent real estate developer in the National Capital Region (NCR), has embarked on a new project called SAYA South X in Greater Noida. This development will feature fully furnished studio apartments. The project includes 300 apartments, each covering 688 sq. ft., with an investment of approximately 100 crore rupees. The Biztop business suites are expected to be ready within 6 months, with the complete project scheduled for completion by 2025. The SAYA South X project encompasses 8.75 lakh sq. ft. of built-up area on 3 acres of land, with prominent brands already signed up for space within the development.Read more

18 Jul 2023

Gera Developments, a leading real estate company in Pune, has announced legendary Bollywood actor Amitabh Bachchan as its Brand Ambassador. With this association, Gera Developments becomes the first Pune-based company to rope in the iconic superstar. Aligned with their philosophy of 'Let's Outdo', Gera Developments aims to enhance customer-centricity by offering innovative infrastructural ideas and theme-based projects.Read more

17 Jul 2023

Max Ventures & Industries Limited's real estate subsidiary, Max Estates, has achieved pre-formal launch sales worth over INR 1,800 crores for its inaugural luxury residential project, Estate 128, situated in Sector 128, Noida. The development spans 10 acres and comprises three high-rise towers with 201 units, embodying Max Estates' LiveWell philosophy. Construction is scheduled to commence in Q3 CY2023, with an estimated completion timeline of 48-60 months, complying with RERA guidelines. Max Estates aims to be a leading developer in the Delhi-NCR region, expanding its residential and commercial portfolio each year.Read more

17 Jul 2023

M-Sanvi Real Estate Pvt Ltd, a leading affordable housing company, aims to sell around 500 homes worth Rs 100 crore in the current fiscal year. The company plans to expand its operations through franchise businesses in several cities across India. Founder and CEO, Mukesh Kumar, expressed optimism about the growth of the real estate industry, citing factors such as economic growth, demographics, and foreign investment. M-Sanvi focuses on using innovative technology solutions and personalized services to cater to the housing needs of urban professionals. With affordable homes starting from 16 lakhs, the company primarily serves Delhi and the NCR region.Read more