26 Jan 2024

Tridhaatu Morya, a flagship project by Tridhaatu Realty in Mumbai, is offering an exclusive Republic Day deal for the first 26 customers on January 26, 2024. Buyers of luxury 2 BHK homes can avail a unique Rs 26 lakh discount within the 26-hour window, bringing the starting price down to Rs 1.83 crores from Rs 2.09 crores. Mr. Pritam Chivukula, Co-Founder & Director of Tridhaatu Realty, emphasizes the limited-time nature of the offer, urging prospective buyers to act quickly. Conveniently located in Chembur, Tridhaatu Morya offers easy access to major transportation routes, providing a blend of luxury living and strategic connectivity. The project features 1, 2, and 3 BHK units across two phases, offering options for various preferences and needs.Read more

26 Jan 2024

Bengaluru's Century Real Estate plans to invest Rs 1,700 crore in developing 4.5 million sq ft of residential space by FY25, creating a Rs 5,000 crore pipeline. The company surpassed FY23 sales in the first six months of the current fiscal year and aims to launch six projects in FY25. Projects include luxury residences in Indira Nagar, mid-segment apartments in Yelahanka, and mixed-use developments in East Bengaluru. Plotted development is on the rise, with a 25-acre project in Devanahalli. Additionally, 2.5 million sq ft of commercial space with Prestige group and 7 million sq ft of business parks are in the pipeline.Read more

25 Jan 2024

Concorde, a prominent real estate developer in Bangalore, has unveiled its latest project, Concorde Antares, a high-rise apartment complex in the lakeside surroundings of Yelahanka, Vidyaranyapura. With a projected development value of Rs 525 crore, the 7-acre property features 592 units, including 2, 3, and 4 BHK apartments and duplex penthouses. Comprising five towers with 16 floors each, the development prioritizes community-oriented living with over 60 amenities, including a 19,000 sq. ft. smart clubhouse, Evolve. The project emphasizes smart living, sustainability, and modern design, offering tech-enabled features like Alexa control. With a focus on open spaces, indigenous plants, and picturesque views, Concorde Antares is set to redefine the living experience in North Bangalore.Read more

25 Jan 2024

Integrow Asset Management has partnered with Pune-based developer Paranjape Schemes, committing a substantial Rs 100 crore investment in their new Thane project. With over three decades of experience, Paranjape Schemes is known for quality and innovation, having completed 200 projects across 9 Indian cities. With incredible views of Yeoor Hills, the massive 1.5 million square foot Thane project is expected to generate an astounding revenue of Rs 1000 crores. With a focus on technology and customer-focused strategies, the executives convey enthusiasm for reinventing urban living. This partnership, which combines creativity, excellence, and client satisfaction, is expected to have a long-lasting effect on Thane's real estate market.Read more

24 Jan 2024

Macrotech Developers, anticipates Palava City, to become an annual revenue powerhouse surpassing USD 1 billion. Established in 2010, the 5,000-acre Palava City has evolved into a self-sustaining ecosystem, showcasing urban progress. With Phase 1's success and ongoing Phase 2 expansion, it accommodates residential and commercial spaces, including offices, life sciences hubs, and industrial areas. Palava's strategic location has attracted diverse businesses, joint ventures with Morgan Stanley Real Estate Investing and partnerships with Bain Capital and Ivanhoe Cambridge. The development's economic vibrancy is set to contribute 15% to Lodha's sales exceeding Rs 14,500 crore in the current fiscal year. Beyond being a residential hub, Palava City stands as a testament to sustainable growth and economic vitality, with smart technology ensuring efficiency and green practices.Read more

24 Jan 2024

Suraksha Group, a leading Mumbai-based real estate firm, proudly unveils Suraksha Smart City, a highly anticipated township initiative in Vasai. Recently honoured by the Maharashtra Chamber of Housing Industry for the Best Affordable Project, this sprawling 300-acre integrated township is positioned as one of the largest greenfield developments in Vasai-Virar. Offering well-designed apartments with a focus on natural light and ventilation, the mega township is strategically located just a short walk from Vasai Station. Suraksha Smart City offers lifestyle amenities and essential social infrastructure, including schools, colleges, hospitals, playgrounds, markets, and community centres.Read more

23 Jan 2024

Mumbai-based Keystone Realtors, operating under the 'Rustomjee' brand, witnessed a robust 26% annual growth in sales bookings, totaling Rs 1,423 crore during April-December 2023. The company, focusing on Mumbai Metropolitan Region housing projects, reported a 9% rise in sales bookings volume, reaching 0.82 million sq ft. Customer collections surged by 32% to Rs 1,533 crore during this period. Keystone Realtors launched four projects in the first nine months of the fiscal, with an estimated sales value of Rs 2,238 crore. With a completed area of 23 million sq ft and a pipeline exceeding 39 million sq ft, the firm maintains a substantial project portfolio.Read more

23 Jan 2024

Bangalore-based real estate developer Sobha Ltd has completed a Rs 121 crore payment to Gurgaon-based Chintels India Pvt Ltd for land within their joint venture project, Sobha International City. This involves two separate land parcels, 2 acres and 5.8 acres, with a stamp duty payment of approximately Rs 8.5 crore. The transaction follows Sobha's record-breaking performance in Q2 2023. The deal includes the transfer of a commercial portion of the licensed land and a plot initially allocated for the clubhouse. Despite controversies surrounding Chintels India's Chintels Paradiso project, the recent land transfer is unrelated, emphasizing the continued collaboration in real estate development in the National Capital Region.Read more

22 Jan 2024

Delhi NCR-based real estate developer TARC Ltd plans a Rs 1,200 crore investment in "TARC Kailasa," a luxury housing project spanning 1.7 million sq ft in central-west Delhi's Kirti Nagar. CEO Amar Sarin unveiled the prestigious venture, featuring 411 apartments with ticket prices of Rs 9 crore and Rs 12 crore for 3.5 BHK and 4.5 BHK units, respectively. Designed by Andy Fisher Workshop, the project will occupy six acres, boasting five towers of 30-35 floors. Construction funding will be internal, backed by robust sales, with 30% already sold within days. TARC Ltd targets 65% sales within the next month, eyeing a combined revenue of Rs 7,500 crore from three major projects, including one in Gurugram.Read more

19 Jan 2024

Bengaluru's Brigade Group aims to develop 15 million sq ft in Chennai by FY27, focusing on 80% residential launches. With an investment of Rs 3,400 crore, it plans to add 4 msf residential and 1 msf commercial space in the next two years. The company is set to launch a mixed-use project at Mount Road, including one of the tallest towers in Chennai. Additional projects include a 3.5 msf residential development in Sholinganallur and an office park. Amidst Chennai's real estate resurgence, 2023 witnessed increased apartment and housing unit sales, while office transactions saw a remarkable 92% growth.Read more