Real estate developers’ apex body, the Confederation of Real Estate Developers’ Associations of India (CREDAI), on February 7, announced plans to undertake a reforestation drive across 1 lakh acres of land in India over the next five years. The initiative will be implemented through its Corporate Social Responsibility (CSR) Foundation and nationwide network, driven by […]
L&T Realty Developers Limited has acquired land in Mumbai’s Elphinstone Road area for ₹448.6 crore to develop a commercial office project, according to property registration documents accessed by Propstack. Mumbai real estate land deal: L&T Realty Developers Limited has acquired land in Mumbai’s Elphinstone Road area for ₹448.6 crore to develop a commercial office project. […]
Bengaluru-based Prestige Group announced that its company, Canopy Living LLP, a joint venture between Prestige Estates Projects Limited and Arihant Foundations and Housing Limited, has signed an Agreement to Sell for the purchase of a land parcel measuring 16.381 acres located in Padi, Chennai. Chennai real estate update: Bengaluru-based Prestige Group announced that its company, […]
A prime 2.5-acre land parcel in South Mumbai’s Mahalaxmi locality has drawn a record-breaking bid of ₹2,251 crore for a 99-year-long lease by the Railway Land Development Authority (RLDA). According to real estate experts, this was the highest price ever offered for a 2.6-acre plot in the Mumbai real estate market, which can be considered […]
Brigade Enterprises Ltd has acquired a 4.04-acre land parcel in Neopolis Phase 3, Hyderabad, for about ₹118 crore per acre through an auction conducted by the Hyderabad Metropolitan Development Authority, the company said in a statement on Dec 4. Brigade Enterprises Ltd has acquired a 4.04-acre land parcel in Neopolis Phase 3, Hyderabad, for about […]
The Delhi Development Authority (DDA) is preparing to auction a 10.43-acre land parcel in Sector 22, Dwarka, to be developed into a first-of-its-kind mixed-use complex comprising a luxury mall, corporate office spaces and premium residential facilities. Officials said this is the first time that the DDA will facilitate all three uses within one integrated development. […]
The Maharashtra cabinet has approved a policy for the integrated and cluster redevelopment of Maharashtra Housing and Area Development Authority Housing (MHADA) colonies, wherein obtaining individual consent from residents will not be required for redevelopment. The Maharashtra cabinet has approved a policy for the integrated and cluster redevelopment of MHADA colonies, wherein obtaining individual consent […]
GREATER NOIDA: The Yamuna Expressway industrial development authority (Yeida) said it has allotted 200 acres of industrial land in Sector 8 to SAEL Solar P6 Private Limited, a subsidiary of SAEL Industries Limited, to set up an integrated solar manufacturing ecosystem with an investment of ₹8,200 crores. The Authority’s step follows the State Government’s approval […]
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) has freed around 300 acres of land worth ₹1,200 crore by demolishing unauthorised construction on the notified zone near Noida International Airport at Jewar, along the Yamuna Expressway, officials said on Wednesday. The authority has earmarked this area for the development of Logistics Hub as it […]