Kandivali Station Upgrade 50% Complete, On Track for 2025
The long-awaited renovations at Kandivali station are moving forward steadily, and the project is currently 50% finished. The goal of the renovation, which should be completed by December 2025, is to update the station and improve the commuter experience in one of Mumbai’s busy suburban centres. The Mumbai Rail Vikas Corporation (MRVC) is leading the […]
MHADA Set to Enter Student Hostel, Old Age Home, and Rental Housing Markets
For the first time in its 47-year history, the Maharashtra Housing and Area Development Authority (MHADA) will explore a variety of housing options, including shared apartments, rental housing, student housing, working women’s hostels, studio apartments, industrial housing, and senior citizen homes. NITI Aayog’s plan to turn the Mumbai Metropolitan Region (MMR) into a USD 300 […]
MHADA Strengthens Housing Goals Through MMR Growth Hub Workshop
In order to lay out the plan for the MMR Growth Hub Project, which aims to increase MMR’s GDP from USD 140 billion in 2023 to USD 300 billion by 2030, the Maharashtra Housing and Area Development Authority (MHADA) held a workshop. With 800,000 units created through MHADA and CIDCO programs and 2.2 million through […]
Navi Mumbai, Khopoli Lead: Urban Growth Drives MMR Boom
India’s urban landscape is changing dramatically as a result of a large-scale migration from rural to urban areas. Approximately 600 million people, or 40% of the nation’s population, will live in metropolitan regions, according to recent Colliers research. By 2030, India plans to invest more than Rs 143 lakh crore in some projects to support […]
Eastern Suburbs Shine as a Top Real Estate Investment Hub
Significant improvements in infrastructure and communication have made Mumbai’s Eastern Suburbs one of the most sought-after investment destinations in the city. Real estate executives emphasise how these changes are revolutionary and have attracted both investors and homebuyers to the area. The eastern suburbs are strategically located, according to Dr. Niranjan Hiranandani, Chairman of NAREDCO, who […]
Dosti Realty Eyes IPO, Warehousing, and MMR Redevelopment
Early this year, Mumbai-based Dosti Realty (DRL) announced plans to launch an Initial Public Offering (IPO) in the next 12 to 24 months, as well as a strategic expansion into the Thane and Bhiwandi storage and logistics sectors. Discussions with bankers are presently underway, and the funds raised through the IPO will be used to […]
Hiranandani Group’s REIT Plans Emerge Amid Data Center, Residential Growth
Hiranandani Group is considering launching an office real estate investment trust (REIT). The proposed REIT, which can be defined as a company that owns or finances income-producing real estate in a variety of property sectors, is expected to have a portfolio of approximately 7 million square feet (sq ft) of commercial real estate at the […]
Certus Capital invests Rs 150 crore in two residential projects within MMR
Certus Capital invested Rs 150 crore in two mid-market real estate developments in the Mumbai Metropolitan Region. These projects have a combined income potential of more than Rs 750 crore and are being developed by seasoned real estate developers JSB Group and Dynamix Group. These investments were made for Earnest.me, Certus Capital’s digital, secured debt […]
House of Hiranandani to Invest Rs 12,500 Cr in Mumbai
House of Hiranandani said on Tuesday that it will invest Rs 12,500 crore over the next two years to construct several Mumbai Metropolitan Region (MMR) projects. According to a statement, the business plans to invest Rs 12,500 crore in five MMR projects. The investments, funded by equity and internal accruals, will cover the cost of […]
Arkade Developers Targets Rs 4,000 Crore Revenue from Ongoing Projects
Amit Jain, chairman and managing director of Arkade Developers, estimates that its ten ongoing projects in the Mumbai Metropolitan Region (MMR) have a revenue potential of Rs 4,000 crore. On Monday, the business announced the inauguration of a luxury residential and commercial property in Bhandup, Mumbai Metropolitan Region. The three-acre project is expected to generate […]