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Sumadhura Group Enters Plotted Development Sector with ₹1,500 Crore Project in Bengaluru

Sumadhura Group has launched Panorama, a South India-themed luxury villa land community in Devanahalli, North Bengaluru. The project spans 100 acres and aims for a topline of ₹1,500 crore, catering to homebuyers seeking custom-built homes.

Supreme Universal Completes Supreme Estia Project in Pune, Achieves ₹ 750 Crore Revenue Milestone

Supreme Universal has completed all phases of Supreme Estia in Baner, Pune. The project, launched in 2020, comprises over 600 units and has reached a ₹750 crore revenue milestone. The development includes 2, 3, and 4 BHK residences with extensive amenities.

I DIRECT YOU: MANJU LODHA URGES ABHISHEK & ABHINANDAN TO END FEUD, REMEMBERING RAM & LAXMAN

Exclusive letter dated 21 February 2025 reveals Manju Lodha’s heartfelt appeal to her sons, Abhishek and Abhinandan, urging them to end their feud. In it, she instructs: “1. You will not say anything wrong about each other. 2. You will not fight with each other. 3. You have no right against each other’s business or shareholding. 4. Neither of you have to give anything to each other. 5. You will not interfere in any manner with each other’s business. 6. Bring an end to all your disputes, respect each other and try to help each other.” She likens their bond to that of Ram and Laxman, stressing the importance of unity and family legacy.

MahaRERA Dismisses Complaints Due to Pre-RERA Contracts,

MahaRERA has ruled that homebuyers with pre-RERA contracts cannot seek relief under the Real Estate (Regulation and Development) Act, 2016, as the terms of these agreements remain binding. However, a homebuyer with a registered sale agreement has been awarded interest compensation for delayed possession.

JLL Facilitates NDR InvIT’s 0.9 Million Sq. Ft. Industrial Park Acquisition Near Surat, Boosting Gujarat’s Logistics Sector

JLL India served as the exclusive financial advisor for NDR InvIT Trust in acquiring a 0.9 million sq. ft. Grade A industrial warehouse near Surat. The fully operational industrial park, located in Kosamba and hosting blue-chip tenants, was acquired through a combination of cash and InvIT unit issuance. This strategic transaction strengthens NDR InvIT’s foothold in Western India’s rapidly growing logistics market, further enhancing its Assets Under Management (AUM) to approximately 19.01 million sq. ft. as of Q3FY2025.