Suraj Estate Developers Limited, a distinguished real estate company with a focus on the South Central Mumbai (SCM) market, specializing in redevelopment projects, has recently announced the launch of its new residential venture, ‘Suraj Lumina’, located at Veer Savarkar Marg, Mahim (West), Mumbai. The project, falling under the ambit of regulation 33(7) of the Development […]
Puravankara Limited, a cornerstone of India’s real estate development, has unveiled its financial outcomes for the third quarter (Q3FY24) ending December 31, 2023, showcasing remarkable growth and solidifying its position as a leader in the industry. The company reported a net profit of Rs 78 crores for Q3FY24, marking a substantial increase of 266% year-over-year […]
Max Estates Limited, the real estate division of the Max Group, has announced significant developments in its Q2 and H1 FY24 results, marking substantial growth in its portfolio. Successful Reverse Merger and Expansion A key milestone for the company was the completion of the reverse merger of Max Ventures and Industries Limited (MVIL) into Max […]
As Phoenix’s skyline continues to evolve, Greystar Real Estate Partners has officially initiated construction on the much-anticipated City North Residential Phase II. This move promises to bolster Phoenix’s housing market by adding 348 residences, complementing the 272 units from the ongoing Phase I. Expansion of Luxury Living in Phoenix Billy Cundiff of Greystar heralded the […]
Mahindra Lifespace Developers Ltd. has proudly announced the acquisition of 5.38 acres of premium land in Pune’s sought-after neighborhood, Wagholi. This prime land is poised to offer a colossal development potential, with over 1.5 million square feet identified as the saleable area. Amit Kumar Sinha Highlights Wagholi’s Prospects and Company’s Vision Amit Kumar Sinha, the […]
In a strategic move, Godrej Properties Ltd. (GPL), a foremost real estate developer in India, has declared its acquisition of an expansive 109-acre land parcel in Nagpur. This acquisition promises to deliver an impressive plotted development with an estimated saleable area pegged at a whopping 2.2 million square feet. Godrej Properties’ Nagpur Land: Prime Location […]
KB Home announced the grand opening of Terracina, its latest master-planned community nestled in the heart of Lake Elsinore, California. The newly unveiled Carrera and Villa Real neighborhoods at Terracina offer an array of 12 meticulously designed floorplans, each tailored to suit modern lifestyles. These homes feature sought-after design elements such as contemporary kitchens overlooking […]
In a momentous move to mitigate the pressing shortage of affordable and mid-income housing in Maharashtra, two major players, IFC and Sunteck Realty, are joining hands. They are injecting a robust investment of up to INR 7,500 million (US$90 million) to spur the creation of nearly 12,000 state-of-the-art housing units. These units will span across […]
AEW UK REIT plc (LSE: AEWU) has announced the acquisition of a freehold, mixed-use asset in Bath city centre for £11,500,000, achieving a net initial yield of 8.0% and a capital value of £223 per square foot. The deal leaves the Company with approximately £3 million in remaining investable cash, edging closer to full deployment. […]
Kimco Realty (NYSE: KIM), North America’s largest publicly-traded owner and operator of open-air, grocery-anchored shopping centers, has announced a definitive merger agreement with RPT Realty (NYSE: RPT). The all-stock transaction is valued at approximately $2 billion, including the assumption of debt and preferred stock. The merger is expected to increase Kimco Realty’s pro forma equity […]