Casagrand Millenia Acquires Prime Land Parcel in Pune’s Wagholi for ₹126 Crore

Casagrand Millenia Private Limited has acquired a prime 1.18-hectare land parcel in Wagholi, Pune, for ₹126.04 crore. With its proximity to the Kharadi IT Hub and upcoming metro extension, Wagholi is emerging as a key real estate hotspot. This acquisition reflects growing developer confidence in Pune’s eastern micromarket, driven by strong infrastructure and increasing demand.

MahaRERA Orders Refund with Interest in Serenity Project Case, Dismisses Premature Complaints

In a crucial ruling, MahaRERA has directed JVPD Properties Private Limited to refund homebuyers of the delayed Serenity – BLDG 1 project with interest as per Maharashtra RERA Rules. While two complaints were upheld, four were dismissed as premature, including an attempt to hold Xander Finance Pvt. Ltd. responsible for project completion. MahaRERA has given the developer 60 days to comply with the refund order, reinforcing its stance on protecting homebuyers from undue delays.

SUGAR Cosmetics Acquires 14,000 Sq. Ft. Office Space in Mumbai

SUGAR Cosmetics has secured a 14,000 sq. ft. office space at Enzyme Office Spaces in Andheri East, Mumbai. The facility, designed for 300 workstations, marks a strategic expansion for the company amid India’s booming co-working sector.

Real Estate Project in Mumbra Sold 1050 Flats Worth ₹430 Crore in Just 18 Days

Grand Kausa City in Mumbra has set a new benchmark in real estate by selling 1,050 apartments worth ₹430 crore in just 18 days. Fueled by post-budget confidence, strong marketing efforts, and strategic location benefits, this project highlights the growing demand for well-planned housing developments in emerging micro-markets.

India’s E-Commerce Industry Poised to Reach USD 550 Billion by 2035

India’s e-commerce industry is projected to hit USD 550 billion by 2035, according to a joint report by ANAROCK and ETRetail. The sector, valued at USD 125 billion in 2024, is expected to reach USD 345 billion by 2030. The report highlights a surge in online shoppers from smaller towns, with Tier 2 and 3 cities accounting for 56% of shoppers in FY2024. Additionally, mall vacancy rates have dropped to 8.1% in 2024, indicating a strong post-pandemic recovery in physical retail spaces.