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Land Acquisition

28 posts
Sumadhura Group acquires a 5-acre land parcel in East Bengaluru's Soukya Road

Sumadhura Group Acquires 5-Acre Parcel in East Bengaluru, Targets ₹500 Crore Revenue

Sumadhura Group, a leading South Indian real estate developer, has announced the acquisition of a 5-acre prime land parcel on Soukya Road in East Bengaluru. This strategic move is set to generate an estimated ₹500 crore in revenue from an upcoming residential project, significantly strengthening Sumadhura’s footprint in one of Bengaluru’s fastest-growing corridors.

KL Rahul and Suniel Shetty Acquire Prime Land in Thane for ₹9.85 Crore

Indian cricketer KL Rahul and Bollywood actor Suniel Shetty have purchased 7 acres of undivided land in Thane West’s Owale locality for ₹9.85 crore. Located near Ghodbunder Road, this strategic acquisition marks another high-profile entry into Mumbai’s booming real estate sector.

Adani Group’s Mah-Hill Properties Acquires Prime Malabar Hill Land for ₹170 Crore

Mah-Hill Properties Pvt Ltd, a subsidiary of the Adani Group, has expanded its portfolio with the acquisition of a prime land parcel in the prestigious Malabar Hill area of South Mumbai for ₹170 crore, according to property registration documents. The transaction involved the transfer of ownership of over 48,000 sq ft of land from Behram Nowrosji Gamadia, which also includes a 257 sq m structure. Records indicate that this property boasts a rich history, with ownership rooted in the pre-independence era and passed down through the Gamadia family.
Godrej Properties

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.
India’s InvITs are set to grow their AUM to over ₹8 lakh crore by FY27, led by mature trust acquisitions in the roads sector. Despite higher leverage, credit profiles remain strong due to regulatory guardrails and stable cash flows.

Maha Govt Approves 15 Acres of Land for Pimpri-Chinchwad Police Infrastructure

The Maharashtra government has granted administrative approval for the acquisition of 15 acres of land in Wakad, Pune, for the expansion of the Pimpri-Chinchwad police infrastructure. This land will be utilized for the establishment of the Deputy Commissioner’s office, other administrative offices, and residential quarters for senior police officers. The move is aimed at enhancing law enforcement facilities in the rapidly growing urban region.