The Latest
Avadhoot Gupte Purchases Luxury Apartment in Bandra for Rs. 7.75 Crore
Avadhoot Gupte, the celebrated Marathi singer, music director, and filmmaker, has purchased a luxurious Rs. 7.75 crore apartment in Bandra’s high-end Rustomjee Paramount project. This purchase highlights Bandra’s growing popularity among celebrity investors, with the neighborhood becoming a hub for luxury real estate in Mumbai.
Innov8 to Double Coworking Centers to 100 by 2025
Innov8, a leading coworking startup in India, has announced plans to double its number of centers to 100 by 2025, increasing capacity to over 50,000 seats. This expansion is driven by the growing demand for flexible workspaces from various sectors, including startups and large enterprises, amidst evolving market dynamics.
Real Estate Demand Soars in India’s BFSI Sector, Projected to Break 2023 Leasing Records in 2024
The BFSI sector in India is experiencing a significant surge in office space demand, projected to surpass its previous leasing record of over 11 million square feet set in 2023. As global players dominate the market and tech hubs like Bengaluru and Mumbai emerge as key locations, the future looks bright for real estate in this rapidly evolving sector.
MahaRERA Adjourns Complaint Against Karrm Infrastructure Amid Insolvency Proceedings
MahaRERA has adjourned a complaint filed by Gayatri Ramesh Gurudu against Karrm Infrastructure due to ongoing insolvency proceedings initiated by M/s. VSJ Investment Pvt Ltd. The complainant sought a refund for her booked flat in the Karrm Panchtatva-2 project but will need to pursue her claim through the Corporate Insolvency Resolution Process as per the National Company Law Tribunal’s order.
Mumbai’s Property Market Shows Resilience with Rising Registration Figures and Revenue
Mumbai’s property market is witnessing a remarkable upswing, with October 2024 recording 12,714 registrations and generating ₹1,187 crore in revenue. This significant growth compared to the previous year highlights a recovering market fueled by favorable economic conditions and increasing buyer confidence. Explore the implications of this trend for both homebuyers and investors in the city.
