Indian real estate company BramhaCorp has unveiled its latest project, Hues of Sky, at Sadhu Vaswani Chowk, Camp, marking a new era of luxury living in Pune. The 35-storey residential tower stands as a testament to BramhaCorp’s commitment to architectural excellence and sophisticated living. “Hues of Sky” features an array of ultra-luxe residences, comprising 2, […]
Godrej Properties Ltd. (GPL), a premier real estate developer in India, announced today that it has won the bid to develop two group housing plots on Golf Course Road in Gurugram. Godrej Properties secured the Letter of Intent for the project through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). Golf Course Road, […]
Max Estates, a real estate subsidiary of Max Ventures and Industries Limited (MaxVIL), has recorded impressive pre-launch sales exceeding INR 1,800 crores for its first luxury residential endeavor, Estate 128. Located in the heart of Noida, Sector 128, the project is officially registered under the UP RERA number UPRERAPRJ446459. Estate 128, which spans a generous […]
Arihant Superstructures, a notable name in the real estate market, is marking its debut in plotted development through its new project, “World Villas” in Chowk, Navi Mumbai. An estimated INR 700 crores will be invested in this venture, encompassing a 76-acre township. The company’s plans, as revealed by Chairman and Managing Director Ashok Chhajer, include […]
Indian real estate giant Godrej Properties Ltd. (GPL) has announced the purchase of a significant 7.44-acre land parcel in New Alipore, a prime residential area of Kolkata. The acquisition, from West Bengal Housing Infrastructure Development Corporation Ltd., was revealed after Godrej Properties was confirmed as the highest bidder in an e-auction. The luxury group housing […]
Aurum PropTech, formerly known as Majesco Limited, has announced its acquisition of NestAway Technologies Private Limited (NestAway), a PropTech brand in India. The acquisition, approved at a meeting held on Thursday, June 1, 2023, allows Aurum PropTech to obtain a stake of up to 100% in NestAway in exchange for a consideration of up to […]
Urbanrise, a real estate developer based in India and owned by the Alliance Group, has announced its plans to invest INR 1,925 crores in Hyderabad, Telangana. The investment aims to develop a high-rise residential community spanning 4.8 million sq. ft. As part of this endeavor, Urbanrise has recently acquired 15 acres of residential land parcels […]
Regency Centers Corporation, a real estate investment trust (REIT) listed on Nasdaq, has entered into an agreement to acquire Urstadt Biddle Properties, a REIT listed on the New York Stock Exchange (NYSE), in a deal valued at approximately $1.4 billion. This transaction will be an all-stock deal and includes the assumption of debt and preferred […]
Westwood Financial, an American commercial retail real estate investment firm, has announced the sale of the Ahwatukee Mercado grocery-anchored shopping center in Phoenix, Arizona. The shopping center was successfully sold to a private buyer after being held for a period of 3.7 years, resulting in a profitable opportunistic return and an impressive equity multiple of […]
Four Corners Property Trust has acquired a McAlister’s Deli property in South Carolina for a price of $2.8 million. The acquired property is situated in a robust retail area and is currently leased under a long-term, triple net lease with around ten years remaining. The transaction was valued at a 6.5% capitalization rate based on […]