GKW Partners with Mahindra Lifespace Developers for Major Mixed-Use Development in Bhandup, Mumbai

GKW has teamed up with Mahindra Lifespace Developers to transform a 37-acre land parcel in Bhandup, Mumbai, into one of the city’s largest urban mixed-use developments. The project, which will feature residential, commercial, and retail components, aims to capitalize on the area’s excellent connectivity and growing real estate potential.

Paving the Way for a Sustainable Future, One Green Building at a TimeBy Mahesh Prabhu, Chief Executive Officer of Century Real Estate Holdings

In a rapidly urbanizing world, the role of real estate in fostering sustainable environments is crucial. Mahesh Prabhu, CEO of Century Real Estate Holdings, highlights the significant increase in green-certified office space leasing, with 13 million sq. ft rented in the top six Indian cities in Q2 2024. This trend underscores the growing importance of Environmental, Social, and Governance (ESG) principles in real estate development, as companies prioritize energy efficiency, water conservation, and the integration of green spaces to meet the challenges of climate change.

Maharashtra Government Allocates ₹8,100 Crore for PMAY (Urban) 2.0

The Maharashtra government has announced an allocation of ₹8,100 crore for the implementation of Pradhan Mantri Awas Yojana (Urban) 2.0. This initiative aims to provide affordable housing to urban residents, offering financial subsidies to eligible homebuyers. To qualify, applicants must not own any residential property in the country

Dharavi Redevelopment Project: Maharashtra Cabinet Approves Land Allocation in Aksa & Malvani Villages

Maharashtra’s Cabinet has approved the allocation of 140 acres in Aksa and Malvani villages for the Dharavi Redevelopment Project, part of the state’s initiative to provide housing for slum dwellers and transform Dharavi into a modern urban hub.

MMRDA Secures Rs. 31,673.79 Crore Loan to Accelerate Major Infrastructure Projects in MMR

The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a substantial loan to fast-track nine key infrastructure projects, including the Thane-Borivali Twin Tunnel Project, aimed at improving connectivity and boosting the region’s economic potential.