Signature Global raises ₹875 cr via non-convertible debentures from IFC; to fund new housing projects and reduce debt

Gurugram-based listed real estate firm Signature Global (India) Ltd announced on October 28 that it has raised ₹875 crore through a private placement of Non-Convertible Debentures (NCDs) to the International Finance Corporation (IFC), the World Bank’s lending arm. The funds will be used to develop housing projects and reduce debt. “Signature Global will utilise the […]

Filmistan Studio land: Mumbai’s Arkade Developers plans ₹3,000-crore luxury housing project launch next year

Mumbai-based Arkade Developers is set to launch a luxury residential project featuring 3- and 4-BHK apartments on the iconic Filmistan Studio land in Goregaon, Mumbai, a site founded by Bollywood actor Kajol’s grandfather. The project, expected to debut in the next financial year, has an estimated development potential of ₹3,000 crore. Overall, the company plans […]

Godrej Properties gets RERA nod for first phase of Mumbai’s Worli project, targets ₹10,000 crore in revenue

Godrej Properties Ltd has received the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential development, Godrej Trilogy, in Worli, Mumbai. The company, in a regulatory filing on October 27, said it expects to generate over ₹10,000 crore in revenue from the project. The project is part of a […]

Mumbai real estate: Can homeowners legally divide a single apartment into two units? Here’s what you should know

The Bombay High Court recently intervened to stop the division of a 620 sq ft apartment into two units in a suburban Mumbai housing society, agreeing with the society’s claim that the split was carried out ‘illegally’. The interim order was issued after the housing society approached the court, alleging that one of its members […]

Nikhil Nanda, Amitabh Bachchan’s son-in-law, buys ₹28 crore luxury apartment in Juhu, Mumbai

Nikhil Nanda, chairman and managing director of Escorts Kubota Limited, and son-in-law of Amitabh Bachchan, has purchased a luxury apartment in Mumbai’s Juhu area for around ₹28 crore, according to documents accessed by Liases Foras, a non-broking real estate research and data analytics company specialising in registration data and market intelligence. The transaction was executed […]

Ashiana Housing launches ₹350 crore premium residential project in Jamshedpur

Real estate developer Ashiana Housing has launched a residential project in Jamsedpur for a revenue potential of ₹350 crore, the company said in a regulatory statement. The project Ashiana Amaya is located in Dobo. Spread over 3.86 acres with a total saleable area of 4.64 lakh sq. ft. The development will feature 230 premium apartments, […]

Sobha Ltd to launch ₹22,000 cr worth housing projects in next 18 month to tap strong demand

New Delhi, Oct 19 (PTI) Realty firm Sobha Ltd will launch residential projects worth ₹22,000 crore over the next 18 months across many cities to expand business. According to a latest investors presentation, Sobha Ltd will launch 13 projects across Bengaluru, Mumbai, Delhi-NCR, Pune, Chennai, Calicut, Thrissur and Trivandrum. The company will launch 16 million […]

Bengaluru’s ₹2.5-crore dilemma: Even techies feel priced out of the city’s housing market

A Reddit post from a homebuyer has once again reignited the conversation around Bengaluru’s soaring property prices, and the growing sentiment that even well-paid tech professionals can no longer afford homes in the city they helped build. The poster, who has been searching for a 3BHK with a ₹2.5 crore budget, said that most builders […]

No MHADA lottery in Mumbai this year; next affordable housing draw expected in March 2026

The much-anticipated Maharashtra Housing and Area Development Authority (MHADA) housing lottery will not take place in 2025, contrary to earlier expectations that the lottery for 5,000 affordable homes would be held around Diwali this year. According to MHADA officials, the lottery schedule has been pushed back to March 2026. However, the exact date and the […]