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Bennett Coleman & Co. Ltd. Acquires Four Commercial Spaces in Mumbai for ₹262 Crore

Bennett Coleman & Co. Ltd. (The Times Group) has acquired four prime commercial spaces in Santacruz East, Mumbai, for ₹262 crore. The acquisition, located in Kalpataru Infinia, spans over 43,622 sq. ft. of built-up area and 39,642 sq. ft. of carpet area. Strategically positioned near Bandra Kurla Complex (BKC) with excellent connectivity, this investment underscores BCCL’s commitment to expanding its operational footprint in India’s financial capital.

Buying a House? Beware! These Real Estate Projects Are Up for De-registration

If you’re looking to buy a home in Maharashtra, you need to be cautious! MahaRERA has announced the de-registration of five real estate projects, potentially affecting homebuyers and investors. If you have concerns, you have only 30 days to submit objections. Find out which projects are affected and how you can act to protect your investment.

Delhi-NCR’s Luxury Property Market Surges: 34% of Homes Priced Above Rs 10 Crore

Delhi-NCR has emerged as India’s top luxury real estate market, with over 34% of homes priced above ₹10 crore. A 72% surge in sales from January to September 2024 highlights growing demand from affluent buyers and NRIs. Key infrastructure projects like the Dwarka Expressway have further boosted interest, positioning Gurugram and Noida as prime destinations for high-end living. Industry experts attribute this shift to evolving buyer preferences for exclusivity, premium amenities, and seamless connectivity.

Godrej Properties Limited Acquires Land from CIDCO on a 60-Year Lease in Navi Mumbai for ₹717 Crore

Godrej Properties Limited has acquired three contiguous land parcels in Kharghar, Navi Mumbai, from CIDCO on a 60-year lease for ₹717 crore. The 6.54-acre land is designated for mixed-use residential and commercial development. With Navi Mumbai’s real estate market booming, thanks to the Atal Setu and the upcoming Navi Mumbai International Airport, this move highlights developer confidence in the region’s future growth. Read the full report on this significant land deal.

Indian Hospitality Sector Booms: Strong Growth in RevPAR and Investments

The Indian hospitality sector experienced significant growth in Q4 2024, with Hyderabad recording the highest RevPAR surge at 23.3%. The industry saw 99 new hotel signings, with Tier II and III cities accounting for 75% of the expansions. Investments reached INR 2,900 crore, driven by private investors and HNIs, signaling strong confidence in the sector’s future.