Browsing Tag
property transactions
8 posts
Amitabh Bachchan Sells Duplex Apartment in Mumbai for Rs. 83 Crore
Bollywood legend Amitabh Bachchan has sold his duplex apartment in Oshiwara, Mumbai, for Rs. 83 crore. The high-end property in The Atlantis, spanning over 5,700 sq. ft with a spacious terrace and six car parking spaces, reflects a 168% appreciation since its purchase in 2021. The transaction highlights the robust demand for luxury real estate in Mumbai.
Barnsley FC Chairman Neerav Parekh and Mother Kalpana Parekh Buy Luxury Flats in Mumbai for ₹170 Crore
Barnsley FC chairman Neerav Parekh and his mother Kalpana Parekh have acquired two luxury flats in Mumbai’s Naman Xana for ₹170 crore. The properties, purchased from Karpe Estate Private Limited and Shri Naman Residency Private Limited, boast impressive areas, premium amenities, and significant stamp duty payments.
Blox Acquires Strategic Stake in Guardians,
Blox, India’s leading digital real estate platform, has acquired an 11% stake in Guardians for $12 million, with plans to increase its stake to 50% in the next three years. This acquisition strengthens Blox’s position as India’s largest real estate seller, targeting $10 billion in Gross Transaction Value (GTV) over the next 3-5 years. Combining AI-driven tech with a unique D2C and broker-led B2B2C model, Blox is reshaping how developers, brokers, and buyers interact in India’s booming real estate market.
Hyderabad’s Residential Market Sees Strong Growth: 7% Increase in Transactions and 20% Surge in Sales Value for July-September 2024
Hyderabad’s residential real estate market showed robust growth in the July-September 2024 quarter, with a 7% increase in transactions and a 20% rise in sales value. The city’s housing market remains strong, driven by rising demand for well-connected properties, especially near key IT hubs and the Outer Ring Road. Developers like Aparna Constructions and Prestige Group lead the charge in this expanding market.