MMRDA Seeks Maharashtra Government Guarantee for ₹14,000 Crore Infrastructure Bonds

MMRDA has requested a ₹14,000 crore guarantee from the Maharashtra government to issue infrastructure bonds aimed at funding major urban and transportation projects in Mumbai.

CapitaLand Investment to More Than Double Investments in India by 2028

CapitaLand Investment Limited (CLI) has announced a major expansion plan to more than double its investments in India by 2028. The company aims to increase its funds under management in India from S$7.4 billion to over S$15 billion. CLI’s growth strategy includes expanding its business parks, logistics, data centers, and lodging portfolios, while also exploring new opportunities in renewable energy and real estate private credit. This move underscores India’s strategic importance and CLI’s commitment to enhancing its footprint in the country.

Panvel Real Estate Market Sees Robust Growth

The ANAROCK Panvel Micro Market Report highlights a surge in residential property prices in Panvel, Navi Mumbai, with an 8-10% increase over the past year. The report attributes this growth to significant infrastructure developments, including the Navi Mumbai International Airport and the Mumbai Metro Line 12. With a rise in new project launches and improving rental yields, Panvel is emerging as a promising area for real estate investment and development.

Ajay Devgn Leases Mumbai Office Space for Rs. 7 Lakh Per Month

Bollywood actor Ajay Devgn has leased his office space in Mumbai’s Signature Tower for Rs. 7 lakh per month. The 3,455 sq. ft. property, secured with a Rs. 30 lakh deposit, features three car parking spaces and is located in a prime area known for its connectivity and business appeal. The 5-year lease underscores the high demand for commercial spaces in this vibrant part of Mumbai.

Will These Three Major Redevelopment Projects Change Mumbai’s Fortune?

Mumbai is on the brink of a major transformation with ambitious redevelopment projects in Dharavi, Kamathipura, and BDD Chawl. These initiatives aim to modernize the city’s infrastructure, improve living conditions, and address historical and social challenges, promising to significantly alter Mumbai’s urban landscape and real estate dynamics.