Browsing Tag

real estate development

26 posts
Niranjan Hiranandani

Hiranandani Forays into Senior Living: ₹300 Cr, 1 Million Sq. Ft. Project ‘Elements’ to Rise in Oragadam, Chennai

Hiranandani Communities has launched ‘Elements’ — a ₹300 crore senior living project at Hiranandani Parks, Oragadam, Chennai. Spread over 4.5 acres, the development will feature 400 2BHK residences designed around holistic wellness, assisted care, and dignified living for seniors.

Maha Transport Min to Open Tenders for 98-Year Lease of ST Bus Depots

The Maharashtra Government will soon invite tenders to lease ST bus depots for 98 years and redevelop them into modern bus ports. Transport Minister Pratap Sarnaik announced the plan at HOMETHON 2025, adding that pod taxi services will also roll out in Bandra-Kurla Complex before expanding to other parts of Mumbai Metropolitan Region.

Railways Floats Tender for 99-Year Lease of Mahalaxmi Railway Land Worth Nearly ₹1,000 Crore

The RLDA has announced a major land lease opportunity in Mumbai’s Mahalaxmi, inviting bids for the 99-year lease of 10,801 sqm land valued at nearly ₹1,000 crore.
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.
MHADA

MHADA Sets Target to Construct 19,497 Houses in FY 2025-26

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in the financial year 2025-26. With a budget allocation of ₹15,951.23 crore, Mumbai alone will see 5,199 new units, focusing on key redevelopment projects like BDD Chawl, Goregaon Siddharth Nagar, and more.