Tag: #MumbaiRealEstate

Ashar Group’s uber-luxury project ‘The Legend by Ashar’ surpasses a topline of INR 500 crores

December 13, 2024

Mumbai, India, 03rd December 2024 – Ashar Group, a prominent real estate developer in the Mumbai Metropolitan Region (MMR), announced that its uber-luxurious project, ‘The Legend by Ashar’ on Pali Hill, Bandra, has achieved a significant milestone, crossing INR 500 crore in sales within 15 months of its launch. This remarkable achievement reflects the strong […]

Ashar Group’s uber-luxury project ‘The Legend by Ashar’ surpasses a topline of INR 500 croresmore

Redefining Space: The Comeback of Spacious Living in Mumbai’s Western Suburbs

December 10, 2024

Mr. Nikunj Sanghavi, Managing Director of Veena Developers   Mumbai, traditionally synonymous with compact living, is undergoing a transformative shift in its real estate landscape. The western suburbs—spanning localities like Goregaon, Malad, Kandivali, and Borivali—are emerging as the epicenter of a new trend focused on spacious, luxurious living. This shift is being driven by evolving […]

Redefining Space: The Comeback of Spacious Living in Mumbai’s Western Suburbsmore
MAHA RERA

Requests to Deregister 19 More Projects Are Received by Maharashtra RERA

November 26, 2024

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has received fresh applications for the deregistration of 19 additional projects across the state. Among these are prominent projects such as Lokhandwala’s development at Worli Naka and a Lodha project in Dombivli. This development adds to the growing number of deregistration requests, with MahaRERA having received applications […]

Requests to Deregister 19 More Projects Are Received by Maharashtra RERAmore

Mumbai Property Registrations Surge by 22% in October 2024 boosted by High-Value Transactions in festive season

November 8, 2024

Mumbai’s property market witnessed a robust surge in registrations in October 2024, with a 22% year-on-year increase to 12,960 units, driven by heightened demand during the festive season, as reported by Knight Frank India. The data highlights the impact of the Dussehra and Diwali celebrations on the city’s real estate activity, particularly in the municipal […]

Mumbai Property Registrations Surge by 22% in October 2024 boosted by High-Value Transactions in festive seasonmore

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Sold

Mumbai, 6th November 2024: With the real estate industry projected to grow from USD 518.5 billion in 2024 to USD 856 billion by 2029, at a CAGR of 8.71% over the forecast period, Vida Realty is experiencing a strong growth trajectory in line with this expanding market. We are proud to announce the success of Eva […]

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Soldmore
rera

Maharashtra RERA issues warning to homebuyers about 314 housing projects undergoing insolvency

October 13, 2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a caution to homebuyers, advising them against purchasing properties in 314 projects currently registered with the authority. These projects are undergoing insolvency proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of 2016. Several banks, financial institutions, and other entities […]

Maharashtra RERA issues warning to homebuyers about 314 housing projects undergoing insolvencymore

Belicia revenue soars to over 200 crores in Q1 with record 80+ units sold

September 27, 2024

Thane’s finest and new beacon of luxury & elegant living Mumbai, September 20, 2024: ‘Belicia’ a luxurious residential project in Thane being developed by Prescon Group in collaboration with the esteemed House of Hiranandani has generated over 200 crores in revenue in Q1 of FY 2024-25, driven by the sale of more than 80 units. Speaking on the occasion Mr. Vedanshu Kedia, Director of […]

Belicia revenue soars to over 200 crores in Q1 with record 80+ units soldmore
MahaRERA

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.

September 17, 2024

MUMBAI: In a recent ruling, the MahaRERA has offered relief to more than 70 homebuyers who had purchased apartments in the Ruparel Skygreens project in Borivli. The promoter had failed to deliver the properties to the allottees, including those who had opted for the subvention scheme and the construction link plan scheme, by the agreed-upon […]

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.more

Rental Growth cements flex leasing industry’s impact on real estate

September 16, 2024

A consistent inflow of small, medium, and large enterprises into managed office spaces across the country is leading to an increase in rentals owing to demand outstripping supply. This shift in industry dynamics is thereby cementing the flexible managed office segment’s position as one of the major growth drivers of the commercial real estate  industry. […]

Rental Growth cements flex leasing industry’s impact on real estatemore

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.

August 9, 2024

MUMBAI: The National Company Law Tribunal (NCLT) has confirmed the validity of the charge held by Piramal Capital & Housing Finance on Radius Estate Projects’ 5.4-acre development in Santacruz, Mumbai. This ruling, announced on Wednesday, settles a disputed issue involving creditors, including J.C. Flowers Asset Reconstruction and Piramal Capital & Housing Finance, by clarifying the […]

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.more