Booms in luxury real estate: 41% of all homes sold in India are now valued at more than Rs 1 crore
Driven by a strong economy and rising desire for opulent living, India’s residential real estate sector is booming. According to a recent Knight Frank research titled “India Real Estate: Residential and Office (January – June 2024),” sales of residential units increased significantly in the first half of 2024 (H1 2024) in all eight of India’s […]
Unfinished SRA projects may be finished by Mhada, MMRDA, and CIDCO: Devendra Fadnavis
On Thursday, the state government declared that the Maharashtra Housing and Area Development Authority (MHADA), the Mumbai Metropolitan Region Development Authority (MMRDA), and the City Industrial Development Corporation (CIDCO) could take up the unfinished Slum Rehabilitation Authority (SRA) projects. Deputy Chief Minister Devendra Fadnavis made this statement in response to a query about SRA projects […]
In Mumbai’s 12-acre slum rehabilitation project, 80 people are given new homes
The Vakola neighborhood in Santacruz, Mumbai, has seen the successful handover of 80 homes to families by Naiknavare Developers, a building business based in Pune. This is a major turning point for the ‘Jagruti’ Slum Rehabilitation Project (SRA), which started in December 2022 and covers about 12 acres in total. The Vakola neighborhood in Santacruz, […]