LAND PARCEL

Puravankara's strategic plans include reducing net debt, optimizing debt costs, and utilizing its extensive land bank for future expansion and growth, as announced by the Group CEO. The company is focused on enhancing revenue from key markets like B...

Real estate developer Puravankara has acquired a 7.26-acre land parcel in Hebbagodi, Bengaluru, for a luxury project, adding a potential GDV of over Rs 900 crore. With recent acquisitions in Mumbai, the group's total GDV is now Rs 1,550 crore. Strat...

Concorde, a real estate developer based in Bengaluru, has purchased a 1.6-acre land parcel situated on Sarjapur Road in the city. This joint development project is slated to become a high-end residential complex with an estimated gross development v...

The Enforcement Directorate has attached a land parcel in Kerala and bank deposits worth Rs 73 lakh, alleged to belong to the CPI(M), in connection with a money laundering probe related to the Karuvannur Service Cooperative Bank "scam." The CPI(M) h...

Bharat Sanchar Nigam Limited (BSNL) has announced the monetization of its land parcels in Mangalore in an effort to bolster its financial standing. The two-acre land parcel adjacent to Kadri Park at Store Yard, near Kadri Hills on Park Road, is set ...

Birla Estates, a wholly-owned subsidiary of Century Textiles and Industries and part of the Aditya Birla Group, has acquired a 16.5-acre land parcel in Pune's Manjri locality. This acquisition has a development potential of approximately 32 lakh squ...

Real estate agent Mehboob Khan in Amaravati is overwhelmed with messages as land prices surge due to the return of N Chandrababu Naidu and the TDP, with the slogan 'Boss is Back,' indicating a revival in the city.

Go First Dues: Lenders will hold an auction of a land parcel measuring 94.7 acres at Thane in Mumbai on July 22. Lenders have stated that the land parcel is being sold to recover Rs 3918.5 crore. The reserve price of Rs 1965 crore equates to 50% rec...

Realty developer Puravankara's subsidiary, Purva Oak, acquired 12.75 acres in Thane's Patlipada for a premium residential project with an estimated potential of 18.20 lakh sq ft. The project, adding to Mumbai Metropolitan Region portfolio, has a pot...

The Defence Ministry has raised objections to a residential project undertaken by Godrej Properties in Mumbai, demanding the suspension of work on the venture. With an estimated revenue potential of Rs 7,000 crore, the project, known as Godrej Reser...

Adarsh Developers, a real estate development company, has recently completed the sale of a 41-acre land parcel in Bengaluru to Mapletree Investments, a private equity fund based in Singapore. The transaction, valued at over Rs 1,900 crore, forms a k...

The current developer Jagdale Infrastructure has received a letter of intent from the Slum Rehabilitation Authority in 2022 and is now bringing in L&T Realty as its partner in the project.

Creditors are set to auction a prime 94-acre land parcel in Thane near Mumbai, previously collateral for loans taken by Go First Airlines. The auction process involves major creditors and potential bidders amidst evolving legal challenges and financ...

Godrej Properties acquired 10 land parcels worth over Rs 21,000 crore last fiscal to build projects. The company aims to buy more parcels generating Rs 20,000 crore sales bookings this fiscal. It plans to launch projects worth Rs 30,000 crore to ach...

Realty firm Macrotech Developers Ltd plans to invest Rs 3,500-4,000 crore this fiscal to acquire land for housing projects and capitalize on the increasing demand for residential properties. The company aims for a 60:40 mix of owned land and joint d...

UP govt cancels Noida land allotment to M3M's Lavish Buildmart and Skyline Propcon due to non-competitive rates. M3M invested ₹4,000 crore in The Cullinan project with RERA registration.

The listed company expects to generate a free sale component of around 6.24 lakh sq ft RERA carpet area from the development and redevelopment of the said land, as per the extant provisions of Development Control & Promotion Regulations (DCPR) for G...

Shriram Properties Limited (SPL) has acquired a 4 acre land parcel in Chandapura, near Electronic City in Bengaluru, to develop residential communities. The project, expected to generate revenue over Rs 259 crore, will cover 4 lakh sq ft and include...

Amitabh Bachchan acquires land in Alibaug for a luxury villa. Bollywood celebrities like Suhana Khan and cricketers such as Virat Kohli invest in the booming real estate market of Alibaug near Mumbai.