Macrotech Acquires Bain Capital’s Stake in Digital Infrastructure Platforms for ₹307 Crore to Boost Industrial & Logistics Growth

Macrotech Developers Ltd. announces the strategic acquisition of Bain Capital’s interests in three digital infrastructure entities for ₹307 crore. The acquisition aligns with the company’s focus on expanding its industrial and logistics footprint under the Lodha Industrial and Logistics Park brand, aiming to strengthen its growth and annuity income streams in these sectors.

NAREDCO Maharashtra NextGen Unveils Excelerate 3.0: A Vision for Innovation in Construction

NAREDCO Maharashtra NextGen will host Excelerate 3.0 on 14th November 2024, spotlighting innovation in construction. The event will feature panel discussions on building faster, better, and sustainably, with a focus on addressing urbanization, climate change, and fostering emerging entrepreneurial talent in India’s booming real estate sector.

Real Estate Demand Soars in India’s BFSI Sector, Projected to Break 2023 Leasing Records in 2024

The BFSI sector in India is experiencing a significant surge in office space demand, projected to surpass its previous leasing record of over 11 million square feet set in 2023. As global players dominate the market and tech hubs like Bengaluru and Mumbai emerge as key locations, the future looks bright for real estate in this rapidly evolving sector.

Mumbai’s Property Market Shows Resilience with Rising Registration Figures and Revenue

Mumbai’s property market is witnessing a remarkable upswing, with October 2024 recording 12,714 registrations and generating ₹1,187 crore in revenue. This significant growth compared to the previous year highlights a recovering market fueled by favorable economic conditions and increasing buyer confidence. Explore the implications of this trend for both homebuyers and investors in the city.

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.