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Real Estate

357 posts

Maharashtra Government Announces Affordable Housing Scheme for 5,000 Dabbawalas

The Maharashtra government has announced an affordable housing scheme to provide 5,000 dabbawalas with homes under PMAY. The project, located on a 46-acre site in Thane, will feature 500 sq ft homes costing up to ₹25 lakh. MHADA will oversee the development, and the state government is considering a reduction in prices following requests from the dabbawalas.
Arkade Views, Arkade Vistas, Sales Launch, Arkade Developers, Goregaon East Real Estate

Arkade Developers Raises ₹122.40 Crore Ahead of IPO

Arkade Developers Ltd has successfully raised Rs 122.40 crore from anchor investors in advance of its initial public offering (IPO). The company has set a price band of Rs 121-128 per share for the Rs 410-crore IPO, which will be open for public subscription from September 16 to September 19. The raised funds will be used for ongoing and future real estate projects, acquisitions, and general corporate purposes.
Kangana Ranaut

Kangana Ranaut Sells Bandra Bungalow for ₹32 Crore, Earning ₹12 Crore Profit

Kangana Ranaut has sold her Bandra bungalow for ₹32 crore, earning a profit of ₹12 crore. Purchased in 2017 for ₹20 crore, the property faced BMC demolition during the MVA rule but has now been sold to Shweta Bathija of Kamalini Holdings. The deal was registered on September 5, 2024.
Dharavi, Asia's largest slum

Union Cabinet Sanctions Transfer of 256 Acres for Dharavi Redevelopment Project

The Union Cabinet has sanctioned the transfer of 256 acres of salt pan land to the Maharashtra government for the Dharavi Redevelopment Project. Located in Mulund, Bhandup, and Kanjurmarg, the land will be used for housing non-eligible Dharavi residents and constructing new residential units. The project aims to address Mumbai’s housing crisis, but faces challenges, including delays and community opposition.
Urban Vault Office Space

Urban Vault Leases 100,000 Square Feet of Office Space in Brigade Summit, Whitefield

Urban Vault, a prominent managed co-working firm, has announced the leasing of…