In a major development, it has been revealed that the American private equity major Blackstone Group and real estate developer K Raheja Corp are all set to list India’s second REIT. Both the groups are planning to jointly list their 20 million sq ft commercial portfolio in the market. The first Blackstone-Embassy Park REIT was […]
Continue ReadingTo smoothen up connectivity in the Mumbai Metropolitan Region (MMR), the Maharashtra government has recently given its nod for the development of three new metro corridors. The decision has been taken in a state cabinet meeting that took place under the leadership of Maharashtra CM Devendra Fadnavis. The budget for the new metro corridors namely […]
Continue ReadingMMR i.e. the Mumbai Metropolitan Region is one of the major retail hubs in India and thus the brands are always keen to acquire space here. According to a report, builders are planning to develop malls in this region as the demand for retail space is increasing hugely. The report by a leading real estate […]
Continue ReadingSumitomo, a Japanese conglomerate shook Mumbai’s real estate market by submitting a bid of worth Rs. 2,238 crore to acquire a 3-acre plot in Bandra-Kurla Complex. According to the real estate experts, this will be the largest land deal on the basis of acres in India as the bid quotes approximately Rs.745 crore per acre. […]
Continue ReadingIn recent years, Pokhran road has emerged as one of the most favourable real estate investment destination amongst homebuyers in Thane. Located in the western part of the district, Pokhran road is divided into two parts, Pokhran Road 1 and Road 2. Both of these localities comprises of resale as well as newly-constructed inventories. According […]
Continue ReadingIn order to provide better infrastructure to many satellite towns of Mumbai, the Maharashtra Government has given its nod to the inclusion of six new municipal corporations to the Mumbai Metropolitan Region (MMR). These areas include Vasai, Panvel, Alibaug, Pen, Palghar, and Khalapur. In order to ease the increasing population inside the Mumbai city, the […]
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