MahaRERA Clarifies Approval Process for Promoter Rights and Liabilities

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that promoters can change their organizational structure without needing prior consent from two-thirds of allottees. This move, stemming from Circular Nos. 24/2019 and 24A/2021, aims to streamline processes and enhance operational efficiency in the real estate sector while ensuring that allottee rights remain protected.

Signature Global Awards ₹1,203 Crore Construction Contract for Titanium SPR Project to Capacit’e

Signature Global has announced the awarding of a ₹1,203 crore construction contract for its Titanium SPR project in Gurugram to Capacit’e Infraprojects. Spanning 14.382 acres, the development will feature 608 premium residential units and over 55 exclusive amenities. With a focus on luxury and modern living, Titanium SPR aims to become a landmark in the Delhi NCR region, strategically located alongside the Southern Peripheral Road.

B-Right RealEstate Announces Key Senior Hires as Part of Expansion Strategy

B-Right RealEstate has appointed Nishikant Shimpi as CEO and Anand Chirania as CFO as part of its growth strategy. The company is expanding beyond slum rehabilitation to focus on redevelopment projects in Mumbai’s upscaling western suburbs, aiming to strengthen its presence in the real estate market.

Residential Rentals Surge in Mumbai’s Western Suburbs Amid High Demand

rental market in Mumbai’s western suburbs is seeing a sharp increase in prices, fueled by high demand and a limited supply of quality homes. Localities like Andheri, Goregaon, Malad, and Borivali are at the forefront of this trend, attracting both locals and expatriates seeking modern living spaces. Experts predict this upward trend will continue as infrastructure development progresses, creating lucrative opportunities for investors.

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.