30 Sep 2023

Mumbai's renowned real estate developer, Arkade Group, has launched "Arkade Crown" in Borivali. This luxury residential project, spread over 1.4 acres, promises a blend of convenience, luxury, and community living. With anticipated sales revenue of Rs 325 crores, the project boasts top-notch amenities, including a 26,500 sq. ft. vehicle-free entertainment deck. Strategically located near major commuting hubs, and surrounded by lush greenery and Jain temples, Arkade Crown is set to redefine urban living in Borivali West.Read more

30 Sep 2023

The DTCP enforcement team has taken action in Gurugram, addressing the issue of 17 families who have yet to vacate two towers in Chintels Paradiso. Letters have been dispatched to both the Residents' Welfare Association (WA) and the developer, urging cooperation. These towers collectively house 104 flats, with 17 families still residing in defiance of eviction orders. Authorities are working to resolve this situation and ensure compliance with regulations. Safety remains a top priority following a tragic incident last year where two residents lost their lives due to structural issues in Tower D.Read more

29 Sep 2023

Mumbai-based Vibe Realty Private Limited, led by founder Gopal Sarda, is entering the real estate development sector with the acquisition of four projects in Mumbai's Western Suburbs, including residential redevelopment and a commercial project. These projects have a combined development potential of 1.5 million square feet and an estimated revenue of Rs. 1,500 crores. Vibe Realty plans to launch these projects soon and aims to acquire 3-4 more projects in Mumbai and Pune within the next 12-15 months. With a growing reputation as a reliable partner for landowners and housing societies, Vibe Realty is expanding its operations into real estate development.Read more

29 Sep 2023

Geetanjali Homestate, a renowned name in real estate, is expanding its presence with the opening of offices in Mumbai, Pune, Goa, and Lucknow. This strategic move reflects the company's commitment to providing premium real estate solutions in key markets. Mumbai's financial hub, Pune's urbanization, Goa's tourism, and Lucknow's growing real estate market will all benefit from Geetanjali Homestate's services. With a reputation for excellence, the company aims to cater to the diverse needs of property seekers and investors in these dynamic regions, further solidifying its position as a trusted partner in the real estate journey.Read more

29 Sep 2023

Birla Estates Pvt Ltd, the real estate arm of Aditya Birla Group, has successfully sold out phase 1 of Birla Trimaya in Bengaluru within just 36 hours of its launch. This project, located in Devanahalli, North Bengaluru, encompasses 556 units across 52 acres, with a booking value of Rs 500 crore. Birla Estates has set its revenue target for this project at Rs 3,000 crore, reflecting the strong demand for luxury real estate in North Bengaluru due to the presence of global companies and skilled professionals. The transformation of North Bengaluru into a thriving residential and commercial hub has been driven by factors like the Bengaluru International Airport and Manyata Tech Park. This achievement highlights the continued demand for quality properties in Bengaluru's growing real estate market.Read more

28 Sep 2023

Supreme Universal's 'Supreme Villagio' in Pune has garnered an overwhelming response, with phase 1's 3 BHK luxury residences almost sold out. This success showcases trust in the Supreme brand and a desire for luxurious living in a natural setting. The project aligns with contemporary preferences, offering well-crafted residences with convenient outdoor access while fostering community and privacy. Somatane's ideal location, tranquil ambiance, and strong connectivity add to its allure. Supreme Universal's legacy of innovation and quality shines through as they continue to provide an unparalleled living experience. Supreme Villagio stands as an icon of luxury living in Mumbai and Pune.Read more

28 Sep 2023

The Allahabad High Court has requested banks that provided financing to the Jaypee Group to clarify their positions in a case related to the cancellation of 1,000 hectares of land allocated to the group by the Yamuna Expressway Industrial Development Authority (YEIDA). The court had earlier invited homebuyers and banks to become parties to the case. However, it observed that while several banks had filed applications, they had not taken a stance on supporting or opposing Jai Prakash Associates (JAL), the petitioner. The court directed the financiers to clarify their legal positions and submit affidavits. The matter is scheduled for further hearing on October 10.Read more

28 Sep 2023

Located within Scheme No. 11, Devaraj Urs Colony was the inaugural project initiated by the Belagavi Urban Development Authority (BUDA) back in 1982. Regrettably, residents are now expressing their discontent, citing the colony's underdevelopment as evidence of both the city administration and BUDA's inadequate performance. They assert that the area's struggle for basic amenities underscores the need for urgent action and improved governance to uplift their living conditions. Residents have repeatedly appealed to officials for infrastructure improvements to no avail. Ward corporator Basavaraj Modagekar has promised to bring the issues to the attention of senior officers.Read more

27 Sep 2023

Manglam Group has unveiled Manglam Rambagh, a luxurious residential project in Jaipur, representing a substantial investment of Rs 200 crore. Spanning 2.2 acres in Jagatpura, this development offers 114 flats across six floors, ranging from 3 to 6 BHK, with sizes from 2370 sqft to 6120 sqft, competitively priced. It features extensive amenities including a 700 square yard garden, a 1.66-acre clubhouse, and EV charging points, promoting sustainability. With strategic connectivity to key areas and Vastu principles in design, it prioritizes convenience and harmony. Security is robust with a 3-tier system, and ample parking is provided while maximizing green landscaping. Anticipated completion is in December 2024, heralding a new era of premium living in Jaipur.Read more

27 Sep 2023

Oberoi Realty's Commerz III in Goregaon, Mumbai, is set to be finished by March 2024. Having already signed a lease deal for 1.6 million square feet with Morgan Stanley, the company expects to finalize deals for the remaining 2.4 million square feet in the next few months. Discussions are ongoing with various clients, including flex space providers, pharmaceutical firms, tech companies, and educational institutions. Commerz III offers diverse floor plate options, dedicated lift zones for larger clients, and extensive parking. Oberoi Realty also plans to include retail and amenities like food courts and gyms. The company emphasizes sustainability and green initiatives, showcasing its leadership in commercial real estate.Read more