Bengaluru’s long-delayed Peripheral Ring Road (PRR) project has sparked new outrage among landowners after the government issued a revised order on October 17, laying out a fresh compensation and development framework. The ₹27,000-crore project, now renamed the Bengaluru Business Corridor (BBC), will span 2,560 acres across East, North, and South Bengaluru. It will be implemented […]
Mumbai-based listed real estate developer Godrej Properties Ltd (GPL) has acquired a 26-acre prime land parcel near Sarjapur Road in South Bengaluru, with plans to develop a premium residential project expected to generate around ₹1,100 crore in revenue potential, the company said in a regulatory filing. Godrej Properties has acquired a 26-acre land parcel near […]
Adani Properties is seeking court approval to acquire 87 properties including hotels and malls from Sahara Group, in a move that could bolster the Gautam Adani-led conglomerate’s real estate holdings. Adani Group Chairman Gautam Adani. (Bloomberg) Sahara Group, founded by the late Subrata Roy, is seeking to sell its hotels, shopping centres, and residential and […]
Mumbai-based, listed real estate developer, Mahindra Lifespace Developers Ltd, announced on October 11 that it has acquired 13.46 acres of land in the Nande-Mahalunge area near Pune. The land is estimated to yield a development potential of ₹3500 crore. Mahindra Lifespace Developers Ltd announced on October 11 that it has acquired 13.46 acres of land […]
Pune real estate update: Kolte Patil Developers said the land parcel in Bhugaon, (near Pune), has an estimated saleable potential of 1.9 million sq ft Source link
A plot of 7.67 acres at Raidurg in Hyderabad’s IT corridor was auctioned by the state government for ₹1,358 crore at the rate of ₹177 crore per acre Source link
The land requirement in Dharuhera has been revised following a station redesign to improve multimodal connectivity, ensure a 9m access to the local fire station Source link
The Maharashtra government has converted two salt pan lands in Wadala for construction, allowing a gymkhana and warehouses for EVMs. Source link
The Bombay HC said slum dwellers’ rights cannot override public interest, noting that granting land free of cost is detrimental to the city’s long-term needs Source link