21 Dec 2025

AIPL Ltd is investing approximately INR 987.25 crore in its new residential project, Riviera, within the AIPL LakeCity township on Dwarka Expressway, Gurugram. Spread across 5.14 acres, the first phase will feature two 43 storey towers with 3 BHK and 4 BHK apartments. The project's estimated revenue potential is around INR 1,500 crore. AIPL has engaged international design and consultancy firms for architecture, landscaping, clubhouse, and branding. This move underlines the growing developer interest in Dwarka Expressway, a corridor witnessing rising demand for premium and mid segment housing in the National Capital Region.Read more

21 Dec 2025

A premium bungalow property on Linking Road in Santacruz West has been sold for INR 164 crore, making it one of the significant high-value residential land deals in Mumbai's western suburbs. Known as Dwarka Bungalow, the plot spans about 13,629 sq ft and includes an old ground-plus-one structure. The buyer, ZYJ Estates LLP, is linked to luxury real estate developers, with the acquisition driven largely by redevelopment potential. Santacruz West continues to attract such transactions due to limited land availability, strong connectivity and proximity to Bandra Kurla Complex. The deal highlights sustained demand for prime redevelopment plots in established luxury residential micro-markets.Read more

21 Dec 2025

Mahindra Lifespaces has launched Mahindra Blossom, a premium residential development in Whitefield, Bengaluru, with a gross development value of around INR 1,900 crore. The project features 2, 3, 3.5, and 4 BHK homes designed with cross-ventilation, natural light, and expansive balconies, covering approximately 75% open-to-sky area. Amenities include a clubhouse, swimming pool, jogging tracks, sports courts, landscaped gardens, and a pet park, along with high-street retail facilities. Positioned near major IT hubs and the Hopefarm Channasandra metro, it reflects Mahindra Lifespaces focus on sustainable, well-connected, and community-centric living spaces.Read more

20 Dec 2025

Prestige Group has exited its proposed luxury residential project in Lutyens Delhi after selling the bungalow it owned on Kasturba Gandhi Marg for INR 450 crore. The Bengaluru-based developer had acquired the 5,100 sq yd property from TDI Infratech for about INR 300 crore and planned a boutique project of 8-9 high-end homes. Persistent approval delays and strict development controls in the Lutyens Bungalow Zone led to the decision. The company has since shifted focus to residential opportunities across the NCR region.Read more

20 Dec 2025

The Brihanmumbai Municipal Corporation (BMC) has started the process to auction around six acres of land belonging to the former Century Cotton Textile Mill in Worli, Mumbai, with a base price of INR 1,348 crore. The move follows a Supreme Court ruling earlier this year that confirmed BMC's ownership of the land after a prolonged legal dispute. The plot will be leased for 30 years with a renewal option, and development will have to follow the city's planning rules while addressing existing tenant occupancy.Read more

19 Dec 2025

A seminar called MDU Raising is set to bring together business leaders, civic officials, and activists to evaluate Madurai's ongoing and proposed development projects under the Madurai Master Plan. Discussions will focus on urban infrastructure, industrial clusters, mobility, environmental concerns, and water management initiatives, including Vaigai river restoration. Officials and industry representatives aim to identify gaps in current projects and explore strategies to strengthen trade, tourism, and sustainable growth. The event underscores the need for coordinated efforts to realise Madurai's potential as a regional economic hub.Read more

19 Dec 2025

Bollywood actor Kareena Kapoor has leased her Bandra West apartment in Mumbai for a monthly rent of INR 2.75 lakh, according to property records. The lease is for three years, with a security deposit of INR 8.25 lakh, and includes a 5% rent increase after the first year. The apartment, located in the Land Breeze building, benefits from Bandra West's strong connectivity and premium neighbourhood appeal. The deal follows a similar lease renewal by Kareena's sister, Karisma Kapoor, highlighting Bandra West's ongoing demand among high-profile tenants and corporate renters.Read more

19 Dec 2025

Maverick Investments Limited, backed by UAE-based Siraj Holdings, and Henox IT and Data Centers have announced the first phase of Project Horizon in Tamil Nadu. The plan includes a 100 MW green data centre, a cable landing station and a renewable energy facility. Siraj Holdings has approved an initial equity infusion of INR 200 crore, while a platform is being developed to raise up to INR 50,000 crore over the project lifecycle. The project is structured in phases, with site due diligence, regulatory filings and partner discussions currently underway.Read more

19 Dec 2025

Patel Engineering has signed an initial pact with the Arunachal Pradesh government to revive the 144 MW Gongri Hydropower Project near Dirang. The project, earlier terminated, has been restored under the state's new policy for reviving large hydropower projects approved recently by the cabinet. With an estimated cost of INR 1,700 crore and a four-year construction timeline, the project will be executed on a BOOT basis for 40 years. Patel Engineering will handle design, construction, commissioning, and operations, along with transmission infrastructure development.Read more

19 Dec 2025

Concorde Group plans to invest around INR 125 crore to develop a commercial block at its Concorde Mayfair mixed-use project in Yelahanka, Bengaluru. The proposed development will include retail spaces on lower floors and office spaces on upper levels, catering to a mix of businesses and professionals. Located on Bellary Road, the project benefits from strong connectivity to Kempegowda International Airport and key parts of north Bengaluru. Yelahanka has emerged as a growing real estate hub due to infrastructure upgrades and rising residential demand. The commercial block is expected to enhance the project's overall value while tapping into steady demand for quality office and retail space in the region.Read more