Hyderabad-based realty developer Ramky Estates & Farm has forayed into the Mumbai property market by securing rights for a project involving slum rehabilitation redevelopment project spread over 1.5 acres in the country’s financial capital’s Chembur suburb.The project with development potential of around 463,000 sq ft including 237,000 sq ft free sale area for the developer…
READ MOREReal estate fractional ownership platform Strata has surrendered its registration with the Securities and Exchange Board of India (SEBI) amid the ongoing legal issues involving its promoter. The capital market regulator has accepted the surrender application of Strata SM REIT while issuing a cautionary note to investors.The company had received SEBI’s approval to launch its…
READ MOREBrigade Enterprises, a real estate development firm has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase valued at ₹441.70 crore. Located adjacent to Phoenix Marketcity, the acquisition is a key component of Brigade’s strategic growth plan for the Chennai market. The upcoming project, with a gross development value (GDV) of…
READ MORESynopsisNow that India has retaliated as it was expected to after the Pahalgam terror attack, it is time to see how the situation pans out in the next couple of weeks. Let’s hope for the best and prepare for the worst. When we prepare for the worst, there are some hard decisions that need to…
READ MORERealty developer Hiranandani Communities and Krisala Developers’ joint venture has entered a pact with Della Resorts & Adventures to develop a mega township spread over 40-acre land parcel in Pune’s Hinjewadi area.This is part of a larger development spread over 105 acres for which Hiranandani has inked a pact with Krisala Developers to be developed…
READ MOREL&T Realty, the real estate arm of Larsen & Toubro, has acquired a 34-acre land parcel in Panvel near Mumbai from three different landowners in a transaction valued at over Rs 102 crore, said persons familiar with the development.This marks the company’s first outright land purchase since its inception, signalling a strategic shift in its…
READ MOREIn a strategic leadership transition, Puravankara Ltd., a real estate development firm, has appointed Mallanna Sasalu as CEO – South, subject to the approval of the Nomination & Remuneration Committee and the Board of Directors. This leadership change marks a new chapter for Puravankara as it strengthens its management to support its next phase of…
READ MOREKVN Property Holdings LLP, a newly established, institutionally backed real estate platform founded by seasoned industry leader Venkat K. Narayana, has entered a landmark joint venture with the Puravankara Group. The collaboration aims to develop a 24.59-acre land parcel in North Bengaluru, with a projected Gross Development Value (GDV) of over ₹3,300 crore. This makes…
READ MORESwedish home furnishings retailer IKEA is taking a “huge shift” in its India growth strategy by deciding to set up compact stores in smaller cities with a view to become more accessible to customers, said a company official. IKEA, currently in the second phase of its growth in India, plans to expand through a network…
READ MOREFurniture giant IKEA is redefining its approach to the Indian market by launching smaller, more compact stores. This move signals a significant departure from its traditional large-format outlets. IKEA’s expansion strategy is now focused on reaching smaller cities and diverse urban areas, making its offerings more accessible to a broader range of Indian consumers.Pooja Grover,…
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