Up next
Tags

NITCO Limited, a prominent player in the tile manufacturing sector, has announced the sale of a valuable land parcel in Kanjurmarg East to Runwal for Rs. 232 crores. The land, covering 16,250 square meters (approximately 4 acres), is considered a strategic asset with considerable development potential.

The property is strategically located, offering excellent connectivity to major transportation links including the Eastern Express Highway, Jogeshwari – Vikhroli Link Road (JVLR), and Kanjurmarg Railway Station. Its value is set to increase further with the introduction of the upcoming Metro Line No. 4 and 6, which will enhance accessibility to the area.

Also Read: Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
Real estate stocks opened under heavy pressure as Indian markets fell sharply at the start of trading. With the Nifty Realty index declining and most major developers in the red, the sector is likely to remain volatile and range-bound through the session.

🏗️ Realty Stocks Close Mixed as Cautious Sentiment Prevails; Large Caps Stay Resilient, Mid-Caps Wane

Real estate stocks closed flat today, with top developers steady and mid-caps weak. Investors remained cautious and awaited fresh sector triggers for the next leg of movement.
Runwal Gardens - Dombivli

Now ‘By Invitation’ only homes at Dombivli

Runwal Group announces Kalyan-Dombivli’s 1st ever ‘By Invitation’ only homes at Runwal Gardens,…
RBI

RBI Expected to Hold Rates at 5.50%, but Experts See Case for Further Cuts

As the RBI gears up for its August 2025 policy review, economists anticipate a pause at 5.50% despite record-low inflation and slowing industrial output. Experts from Colliers, Reloy, Vestian, and Square Yards outline how future rate decisions could shape India’s economic recovery and real estate momentum ahead of the festive season.
India’s residential market outperforms global peers with 9.6% YoY price growth in Q3 2025 — ranking 10th worldwide and the only APAC entry in top 10; NCR surges 19%, sales hit 348,000+ units — Knight Frank report highlights resilient end-user demand amid global 2.4% average.

Home Prices Surge Faster Than Rents in Key Indian Cities

New data from ANAROCK reveals that capital values in major Indian cities have risen faster than rental growth between 2021 and 2024. Noida’s Sector-150 led the surge with a 128% increase, while Hyderabad, Bengaluru, and Mumbai Metropolitan Region (MMR) also saw substantial appreciation. Meanwhile, cities like Pune, Kolkata, and Chennai experienced higher rental growth than home price increases, signaling key trends for investors and homebuyers.