06 Oct 2025

L&T's Buildings & Factories division has secured major contracts for two key projects in India: a 5.9 million sq ft IT park in Bengaluru and a mixed-use development in Mumbai. The Bengaluru project, valued between INR 5,000 crore and INR 10,000 crore, will be delivered in two phases on a lump sum turnkey basis, while the Mumbai project is planned for completion within 45 months. These orders underscore L&T's expertise in executing large and complex office and mixed-use developments efficiently, reinforcing its reputation as a trusted construction partner for high-value projects.Read more

05 Oct 2025

Signature Global Foundation, the CSR arm of real estate developer Signature Global, has reported that its Project Paathshaala initiative has already reached more than 50,000 students across 100 schools in Delhi NCR. The programme, launched last year, includes distributing education essentials, upgrading school infrastructure, and providing clean drinking water. Alongside this, the Foundation has rolled out the Tech Udaan digital bus project and continues to support healthcare, vocational training, and women's empowerment initiatives, aiming to touch 100,000 lives through its social commitments.Read more

04 Oct 2025

Sri Lotus Developers & Realty Ltd. has reported a strong start to the quarter with its newly launched ultra-luxury residential projects, The Arcadian in Juhu and Amalfi in Versova, securing combined bookings of INR 130 crore within the first week. The Arcadian, with an estimated GDV of INR 700 crore, contributed INR 92 crore, while Amalfi achieved INR 38 crore in bookings, underscoring robust demand in Mumbai's premium housing segment. Chairman and MD Anand K Pandit described the response as a testament to buyer confidence and the strength of the luxury market. Building on this momentum, the company plans to launch Project Varun in Bandra in Q3 FY26.Read more

03 Oct 2025

Anurang Jain, promoter of Endurance Technologies and nephew of the late Rahul Bajaj, has acquired a luxury villa in Alibaug for INR 38.15 crore. The villa spans over 5,600 sq ft within the 100-acre Alibaug Townhouses project by Lodha Developers and includes four car parking spaces. The transaction was registered with a stamp duty of INR 1.33 crore and a registration fee of INR 30,000. Alibaug is witnessing growing interest from high-end developers, including Emaar India, Oberoi Realty, and Hiranandani Communities, indicating rising luxury real estate activity in the region.Read more

Mr. Bhadresh Shah, Managing Director, Today Group

03 Oct 2025

Mumbai continues to redefine its urban landscape, and the emergence of Third Mumbai, also known as Mumbai 3.0, signals a significant transformation in the luxury residential market. Spread across the Raigad district under the Karnala-Sai-Chirner (KSC) New Town project, the region integrates smart urban planning, luxury living, and strategic infrastructure. With connectivity improvements such as the Mumbai Trans Harbour Link, the upcoming Navi Mumbai International Airport, metro extensions, and water transport routes, Third Mumbai offers both high-end residential and affordable housing. The district also aims to host innovation-driven hubs, creating a self-sustained urban ecosystem that combines convenience, prestige, and modern lifestyle aspirations.Read more

02 Oct 2025

The Securities and Exchange Board of India (SEBI), along with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), has waived fines imposed on Unitech Ltd. for non-compliances carried over from its previous management. BSE had levied INR 3.3 crore and NSE INR 3.5 crore in penalties. Following this, Unitech's shares will move from restricted categories to actively traded segments on both exchanges. The move is expected to improve liquidity, investor confidence, and support the company's ongoing efforts to resolve legacy issues and complete stalled projects.Read more

02 Oct 2025

Bollywood actor Pankaj Tripathi, along with his wife Mridula and daughter Aashi, has purchased two apartments in Mumbai's Andheri West and Kandivali West areas for a combined total of INR 10.85 crore. The first property, in Seabliss, Andheri West, spans 2,372 sq ft and was bought by Pankaj and Aashi for INR 9.98 crore. The second, in Aashapura Heritage, Kandivali West, measures 425 sq ft and was purchased by Mridula and Aashi for INR 87 lakh. Both transactions included stamp duty and registration charges and were finalized in July and early September.Read more

02 Oct 2025

The Maharashtra government has moved to convert the 6.4-hectare seafront Worli Dairy plot in Mumbai for commercial use. On September 25, the Urban Development Department issued a notification reclassifying the land under DCPR 2034 from residential to commercial, while inviting public objections. The long-unused site-housing the defunct government dairy, staff quarters, and commissioner's office-had earlier been earmarked for research or civic projects. In January 2024, the MMRDA sought control to redevelop the land as a mixed-use node, with CM Devendra Fadnavis approving draft proposals this April. The latest notification paves the way for private leasing and high-value commercial development on this prime coastal parcel.Read more

02 Oct 2025

Vapi in South Gujarat has been gaining attention as a fast-developing residential destination, driven by strong infrastructure, industrial growth, and proximity to major cities. With the Mumbai-Ahmedabad bullet train project promising to reduce travel time significantly, coupled with its location on NH-48 and the Delhi-Mumbai Industrial Corridor, the city offers strategic advantages. Its affordable housing market, thriving industrial base, and improving civic amenities have made it attractive for both residents and investors from Gujarat as well as Maharashtra.Read more

02 Oct 2025

Signature Global (India) Ltd. has entered into a partnership with WRI India to pilot innovative dust mitigation strategies at its Daxin project site. The initiative aims to address construction-related emissions that contribute significantly to air pollution in the National Capital Region. By deploying low-cost sensors to track the effectiveness of on-ground practices, the company intends to demonstrate how data-driven solutions can strengthen dust control, safeguard health, and guide policy interventions.Read more