Wagle Estate: Mumbai Metropolitan Region’s Next Commercial Hub

Wagle Estate, once an industrial zone, is transforming into the Mumbai Metropolitan Region’s next commercial powerhouse. With seamless connectivity via Metro Lines, expressways, and upcoming bullet train corridors, this Thane hotspot now boasts luxurious residential options, high rental yields, and rapid infrastructure growth—making it a prime location for investors and businesses alike.

MahaRERA Orders Refund, Possession in Lapsed Bhayandar Project; Promoter Absent from Proceedings

In a major ruling, MahaRERA has ordered refunds and possession for homebuyers in the lapsed V.M. Heights project in Bhayandar, citing serious non-compliance by the promoter who remained absent throughout the hearings. The Authority directed immediate refund with interest and execution of sale agreements, reinforcing its pro-buyer stance.

DLF Privana North Sells Out ₹11,000 Cr in a Week

DLF has set a new milestone in India’s luxury housing market with the rapid sellout of Privana North in Gurugram. Spanning 17.7 acres and comprising 1,152 premium 4 BHKs and penthouses, the project generated ₹11,000 crore in sales within a week — reaffirming the growing demand for ultra-luxury residences in key urban centers.

Maharashtra Cabinet Approves Stamp Duty Relief For Dharavi Redevelopment

In a bid to expedite the Dharavi Redevelopment Project, the Maharashtra Cabinet has approved stamp duty concessions on lease agreements involving the project’s SPV and the Rail Land Development Authority. The relief aims to reduce transaction costs and accelerate the start of construction on one of India’s most ambitious urban renewal initiatives.

Blackstone acquires South City Mall, Kolkata for ₹3,250 Cr

In a landmark retail transaction, ANAROCK has advised Blackstone on its ₹3,250 crore acquisition of South City Mall in Kolkata. The one million sq. ft. mall, home to over 150 brands and massive footfall, solidifies Blackstone’s retail presence in India and marks a major investment in Eastern India’s commercial real estate landscape.