Suraj Property Builders launches residential mission ‘Suraj Lumina’ in Mumbai; inventory rises

Suraj Property Builders Restricted has launched a brand new residential mission ‘Suraj Lumina’ at Mahim (West), Mumbai. As per the corporate’s assertion, the mission includes 35 models, together with each 2BHK (starting from 575 sq. ft to 622 sq. ft) and 3BHK (~882 sq. ft) configurations, with a complete saleable carpet space of twenty-two,376 sq … Read more

Workplace area provide reaches historic low, leases rising in Mumbai: Vestian

In 2023, Mumbai, India’s monetary hub, witnessed a big 23 per cent year-on-year decline within the provide of latest workplace areas, reaching a historic low of two.7 million sq. toes, in line with Vestian, an occupier-focused office options agency.  This downturn is attributed to actual property builders’ cautious strategy in establishing workplace complexes over the … Read more

Bullet practice undertaking gathers pace

Work on India’s first high-speed bullet practice, which guarantees to hurry up journey between Ahmedabad and Mumbai at 320 km per hour, is continuing at an identical livid tempo. The ₹25,000-crore allocation within the interim Finances 2024-25 — one of many highest ever in recent times — is one more signal of the significance the … Read more

Mumbai property registrations rise 21% y-o-y in January

Mumbai noticed 10,927 items registered in January, up over a fifth from yr in the past and the very best registrations for the month in 12 years. Round 80 per cent of the registrations have been residential items. The State authorities earned income of ₹757 crore from the registrations, up 9.4 per cent on yr, … Read more

Demand for luxurious houses surges in Mumbai’s Pali Hill

The Mumbai actual property market, identified for its opulent properties, noticed the launch of practically 150 property items each day, on common, within the first half of 2023, towards the common launch price of 100 items within the pre-Covid period, in response to information of the Maharashtra Actual Property Regulatory Authority. Amongst Mumbai’s many tony … Read more

iSprout to increase to Delhi, Mumbai, Kolkata this yr

iSprout, a managed workplace area supplier with 1.3 million sq ft of area underneath administration, is planning to increase its operations to New Delhi, Mumbai, Kolkata and Ahmedabad this calendar yr, taking the entire space underneath administration to 2 mn sq ft. Additionally learn: Funding winter turns harsher; world startup hubs hit by poor VC … Read more

SpiceJet introduce providers connecting Ayodhya with Chennai, Bengaluru, Mumbai 

SpiceJet has introduced the launch of non‐cease flights connecting Ayodhya with Chennai, Bengaluru, and Mumbai, starting February 1, 2024. The airline will deploy its 189-seater Boeing 737 plane on these routes.  The airline operator had introduced it could function a particular flight from Delhi to Ayodhya on January 21, 2024. The particular flight caters to … Read more

First flight from Navi Mumbai airport by subsequent March: Scindia

  The opening date for the Navi Mumbai airport has been rescheduled as soon as extra. Civil Aviation Minister Jyotiraditya Scindia introduced that business actions on the airport will start in March 2025, as acknowledged on January 13. “Internally December finish continues to be the goal and we’re pushing for it. There’s a projection which … Read more

Mumbai Trans Harbour hyperlink will open big land for actual property improvement, says Hiranandani 

The Mumbai Trans Harbour hyperlink will open big parcels of land for actual property improvement, virtually doubling the land of Mumbai, says Niranjan Hiranandani, Founder and Managing Director of Hiranandani Constructions.  The hyperlink, which is a highway, 16.5 km of which is a bridge on the ocean (Thane creek), connects south Mumbai with Navi Mumbai, … Read more

Cushman & Wakefield, Nuvama to launch Rs 3000-cr workplace platform

Cushman & Wakefield (C&W) and Nuvama Asset Administration have fashioned an equal three way partnership to arrange a ₹3000-crore platform that may put money into workplace initiatives. The Prime Places of work Fund, slated as a six-year close-ended fund, is anticipated to launch in roughly six months, pending approval from the Securities and Trade Board … Read more