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Mumbai

The RERA report card

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With the Real Estate (Regulation and Development) Act completing one year of its implementation, our experts share their views on the Act’s implications. Read on… DR Vijay Satbir Singh, Member, MahaRERA “MahaRERA has been leading from the front and registered the highest number of projects in the country. The tribunal has been set up and […]

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Tata-led group wins Worli BDD chawls’ redevelopment bid

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The decks were finally cleared for the redevelopment of Worli BDD Chawls on May 31 after the Maharashtra Housing Area Development Authority (Mhada) opened bids for the Rs 10,700-crore project. A consortium comprising Tata Projects Ltd, Capacit’e Infraprojects and Chinese CITIC Construction Co Ltd was the lowest bidder.’ “The Tata-led consortium is the successful L1 […]

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Arihant Superstructures gets Rs 250 crore construction finance from HDFC

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Realty developer Arihant Superstructures, through its subsidiary Arihant Abode, has received a sanction of construction finance worth Rs 250 crore from Housing Development Finance Corporation. The funds are being raised for the company’s flagship housing project Arihant Aspire in Panvel near Mumbai, the company said in a regulatory filing. The project spread over 16.5 acre […]

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Over 13 million people estimated to operate out of co-working spaces in India by 2020: Report

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The demand for co-working spaces or shared offices is gaining momentum across the country and as many as 13 million people, equivalent to current population of India’s Silicon Valley Bengaluru, are expected to work out of such offices across India by 2020. The demand for flexible offices including co-working spaces and serviced offices – is […]

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