The Latest
Metro Line 3: A Game-Changer for Mumbai’s Real Estate Landscape
The launch of Mumbai Metro Line-3 is poised to revolutionize the city’s real estate market, enhancing connectivity and driving demand in key regions like South Mumbai and the western suburbs. With improved travel options and integrated transport networks, property values in areas like Dadar, Malad, and Worli are expected to rise.
Capital Appreciation and Rising Rental Yields Boost Investor Confidence in Indian Real Estate
Magicbricks’ Housing Sentiment Index shows growing investor confidence in the Indian real estate market, fueled by rising capital appreciation and rental yields. Noida and Greater Noida lead the index, while luxury properties see heightened demand, reflecting a positive outlook for the sector.
B-Right RealEstate Announces Key Senior Hires as Part of Expansion Strategy
B-Right RealEstate has appointed Nishikant Shimpi as CEO and Anand Chirania as CFO as part of its growth strategy. The company is expanding beyond slum rehabilitation to focus on redevelopment projects in Mumbai’s upscaling western suburbs, aiming to strengthen its presence in the real estate market.
Industrial & Logistics Sector Dominates Private Equity Investments in H1 FY25: ANAROCK Capital Report
Private equity investments in India dropped by 4% in H1 FY25, primarily due to a significant decline in the office sector. However, the industrial and logistics sector surged, capturing 67% of total investments, driven by increased demand from manufacturing, e-commerce, and 3PL.
Toll Fees Waiver for LMVs, ₹250 Crore, nothing in front of relief for MMR citizens
The Maharashtra government has announced the waiver of toll fees for light motor vehicles at five entry points into Mumbai, effective Tuesday. This decision is expected to lead to an annual revenue loss of ₹250 crore, yet the government prioritizes the relief it offers to citizens, aiming to enhance traffic flow and support local businesses.
