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Investment in real estate and IPO

Foreign Investors Dominate Institutional Investments in 2024, Co-Investments See a 61-Fold Surge

Institutional real estate investments in India surged to USD 6.8 billion in 2024, driven by foreign investors and a boom in co-investments. Residential and industrial sectors saw unprecedented growth, while commercial real estate faced challenges. Vestian predicts evolving opportunities despite global economic uncertainty.
  • January 15, 2025

K Raheja Corp Signs Landmark ₹466 Crore Deal for Kandivali East Land Parcel

K Raheja Corp has finalized a ₹466 crore deal to acquire a 5.65-acre land parcel in Kandivali East, Mumbai, from Global E-Service Private Limited. The transaction, tied to obtaining development approvals from the BMC, will be completed in phases over five years. The agreement includes a ₹210 crore refundable, interest-free security deposit and reflects a major step in Mumbai’s real estate development sector.
  • January 15, 2025
Women to pay less stamp duty in Maharashtra

Rs 2 Lakh Discount for Women Homebuyers at This Prop Expo

The CREDAI-MCHI 32nd Property and Home Finance Expo, scheduled for January 17-19, 2025, at the Jio World Convention Centre, will feature over 500 projects from 100+ developers and offer exclusive deals like a ₹2 lakh discount for women homebuyers. The event will showcase innovative initiatives, including India’s first Quick Real Estate Mall, simplifying the home-buying process.
  • January 14, 2025
MHADA

MHADA Sets One-Month Deadline for Action on Illegal Construction in Abhyudayanagar

During MHADA’s Eighth Lokshahi Day, officials addressed complaints about illegal construction on the terrace of Suruchi Cooperative Housing Society in Abhyudayanagar. A one-month timeline was set for action following a directive to the Executive Engineer to survey the site, prepare a report, and submit it to the Encroachment Removal Cell. This move underscores MHADA’s commitment to tackling encroachment issues.
  • January 13, 2025
BMC

BMC Issues Stop Work Notice for Environmental Violations at Andheri Construction Site

The Brihanmumbai Municipal Corporation (BMC) has ordered a halt to construction activities at a site near Infinity Mall, Andheri (West), citing multiple environmental violations. The developer, Veena Developers, has been directed to address air and noise pollution concerns by implementing measures such as wind-breaking barriers, tarpaulin covers, and the use of smog guns and water sprinklers. This move underscores BMC’s commitment to enforcing environmental compliance across Mumbai.
  • January 13, 2025