Barnsley FC Chairman Neerav Parekh and Mother Kalpana Parekh Buy Luxury Flats in Mumbai for ₹170 Crore

Barnsley FC chairman Neerav Parekh and his mother Kalpana Parekh have acquired two luxury flats in Mumbai’s Naman Xana for ₹170 crore. The properties, purchased from Karpe Estate Private Limited and Shri Naman Residency Private Limited, boast impressive areas, premium amenities, and significant stamp duty payments.

Peripheral Areas Outshine Mumbai’s Prime Locations in Residential Price Appreciation

Mumbai Metropolitan Region (MMR) is witnessing a shift as peripheral areas like Panvel and Virar are outpacing prime locations such as Worli in residential price appreciation. Enhanced connectivity, improved infrastructure, and affordable housing are driving this growth, making suburban areas increasingly attractive to homebuyers and investors.

Rajiv Bajaj’s Rishabh Family Trust Acquires Land in Pune for Rs. 72 Crore

Rajiv Bajaj’s Rishabh Family Trust has acquired a 1.15-acre land parcel in Pune’s upscale Koregaon Park for Rs. 72 crore. The deal includes a bungalow and outhouse, and was registered in December 2024, showcasing the growing demand for high-end real estate in the region.

CIDCO’s Hits 1,00,000 Applications, Registration Extended Until December 26

CIDCO’s “My Preferred CIDCO Home” scheme has reached a milestone of 1,00,000 applications for its 26,000 affordable homes. The registration deadline has been extended to December 26, 2024, allowing more citizens to apply and providing them additional time to gather necessary documents.

Innov8 Reports Net Profit of INR 62 Crore in FY 2024

Innov8, India’s leading flex space startup, reported a net profit of INR 62 crore for FY 2024, a sharp increase from INR 2.5 crore in FY 2023. The company is planning a major expansion, aiming to increase its seat capacity to over 50,000 by 2025, and is raising ₹100 crore to support its growth initiatives.