India Sotheby’s International Realty expands top leadership

India Sotheby’s International Realty has appointed Vinamra Shastri to its Board of Directors. In his new role, he will provide strategic direction across the company’s advisory, and Alternate Investment Fund (AIF) businesses, the company said in a statement on November 18. Delhi-based real estate consultant India Sotheby’s International Realty, which is primarily focused on the […]

DHL Supply Chain India Pvt Ltd leases 4.17 lakh sq ft warehouse space in Bhiwandi near Mumbai

DHL Supply Chain India Pvt Ltd has leased 4.17 lakh sq ft of warehouse space in Bhiwandi, near Mumbai, for over ₹32 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate market: DHL Supply Chain India Pvt Ltd has leased 4.17 lakh sq ft of warehouse space in Bhiwandi, near Mumbai, […]

From luxe to simple: Homeowners weigh in on interior spending with some saying ‘Ghar ko ghar hi rakho, hotel mat banao’

While there are some homeowners who spare no expense and spend as much as ₹2.5 crore on interiors for a ₹2 crore house, others prefer a more modest approach, barely ₹4 lakh, saying, ‘Ghar ko ghar hi rakho, hotel mat banao.’ Experts say this trend, fuelled by post-pandemic lifestyle upgrades and a surge in luxury […]

Explainer: 5 key things to know about Maharashtra’s slum cluster redevelopment approach

The Maharashtra Housing Department released a Government Resolution (GR) on November 13, introducing a new approach to slum cluster development in the state. The policy, approved by the Maharashtra government’s cabinet on October 14, was notified on November 13 and will be applicable to cluster development of areas exceeding 50 acres. The Maharashtra Housing Department […]

Smartworks leases around 1.66 lakh sq ft office space to Wolters Kluwer in Pune

Smartworks Coworking Spaces Limited, a managed office platform, has leased around 1.66 lakh sq. ft. in Pune to Wolters Kluwer (India) Pvt. Ltd., an information, software solutions and services provider for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance and ESG, the company said on November 17, Smartworks […]

Shahrukhz by Danube debuts in Dubai; Similar towers to come up in New York, London, Delhi and Mumbai

Danube Properties which is developing a 55-storey commercial tower in Dubai named after Bollywood star Shah Rukh Khan, also plans to launch similar ‘Shahrukhz’ towers in New York, London, Delhi and Mumbai. Bollywood star Shah Rukh Khan and Danube Group founder and chairman Rizwan Sajan at the launch of the ‘Shahrukhz by Danube’ commercial tower. […]

Yeida allots 200 acres land to build ₹8,200 crore solar hub

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 […]

Maharashtra ends requirement for slum-dwellers’ consent in cluster redevelopment projects; All you need to know

To fast-track the redevelopment of Mumbai’s slums and move toward a slum-free city, the Maharashtra government has issued a new order stating that individual slum-dwellers’ consent will no longer be required for the group redevelopment of slum clusters, according to a Hindustan Times report. The Maharashtra government has issued a new order stating that individual […]