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Della Resorts and Adventure has tied up with Mumbai-based real estate firms Hiranandani Developers and Krisala Developers to launch a 40-acre racecourse-themed township in Pune with a revenue potential of <span class='webrupee'>₹</span>1100 crore.

Della Group partners with Hiranandani Developers-Krisala JV for Pune township project worth 1,100 crore

Della Resorts and Adventure, in collaboration with Hiranandani and Krisala Developers, is launching a 40-acre racecourse-themed township in Pune, projected to generate 1100 crore. The project includes luxury villas, a five-star resort, and various venues, with the first phase set to launch in three months. The initiative aims to redefine residential real estate with enhanced returns of up to 9%.

Bengaluru-based listed real estate developer Brigade Group has acquired an 11-acre land parcel in Whitefield to develop a premium Grade A office project spanning approximately 1.5 million sq ft. (Representational Photo)

Brigade Group acquires 11-acre land in Bengaluru to develop office space worth 2,000 crore

Brigade Group has acquired an 11-acre land parcel in Whitefield, Bengaluru, to develop a premium Grade A office project of 1.5 million sq ft, valued at ?2,000 crore. This initiative aims to enhance the company's commercial real estate presence in a key business hub while promoting sustainable infrastructure and moving towards net-zero targets.

Godrej Green Homes Pvt Ltd has renewed the lease of more than 94,000 sq ft of space to four Amazon group companies in Mumbai's Vikhroli area, with a monthly rent of <span class='webrupee'>₹</span>1.73 crore for five years. (Picture for representational purposes only)

Amazon renews 1.73 crore monthly lease with Godrej Green Homes in Mumbai’s Vikhroli

Amazon renewed a ₹1.73 crore monthly lease with Godrej Green Homes for over 94,000 sq ft in Mumbai's Vikhroli. The five-year agreement covers four Amazon group companies, including office units and parking spaces on the 7th floor of Godrej Two.

MahaRERA update: Eight years after its establishment, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has surpassed 50,000 total project registrations across the state. (Picture for representational only)

MahaRERA update: Maharashtra regulator surpasses 50,000 project registrations in 8 years

Maharashtra's Real Estate Regulatory Authority (MahaRERA) has registered over 50,000 projects in 8 years, with nearly 35% of India's housing projects. Mumbai, Pune, and Konkan regions lead in registrations, marking significant real estate sector growth.

The coliving segment is set to add one million beds by 2030 in India, up from around 0.3 million beds currently, according to a report by Colliers India. (Representational Image)

Coliving segment to add 1 million beds by 2030: Colliers report

Coliving segment in India expected to grow from 0.3 million to 1 million beds by 2030, driven by urbanization and migration. Sector offers affordable, flexible housing for students and young professionals, with rental costs 35% lower than traditional apartments.

TCS has leased 10.18 lakh sq ft of office space in Hyderabad's financial district, an IT suburb in Serlingampally Mandal, for <span class='webrupee'>₹</span>4.3 crore monthly rent. (Representational photo)

Hyderabad real estate: TCS leases 10 lakh sq ft office space in financial district for 4.3 crore monthly rent

TCS leased 10.18 lakh sq ft office space in Hyderabad's financial district for ₹4.3 crore monthly rent. The 15-year lease includes rent-free initial months and annual 12% rent increase, with extensive parking facilities across 18 floors.

India real estate update: The prices of the residential segment in eight cities of the Indian real estate market have cooled down, and there has been a moderation in the growth. (Picture for representational purposes only)

Indian residential market prices cool down as growth moderates, Bengaluru and Hyderabad drive growth: report

Indian residential property prices slow down, with Bengaluru and Hyderabad driving modest 5% quarterly growth. Major markets like Delhi NCR and Mumbai show price stability, signaling a cautious, consolidating real estate market in Q1 2025.

Tribeca Developers, India's licensed partner of the Trump Organization, announced on May 7 the appointment of Dharam Mehta as the Managing Partner of Tribeca Estates, the company’s newly launched vertical.

Tribeca Developers names Dharam Mehta as Managing Partner for new vertical on villa and hospitality projects

Tribeca Developers appoints Dharam Mehta as Managing Partner for new vertical focused on plotted developments, villas, and hospitality projects. Mehta brings two decades of real estate experience from WeWork India and Phoenix Workspaces to drive strategic expansion.

MHADA Mumbai Lottery 2025: The Maharashtra Housing and Area Development Authority is expected to announce the draw for approximately 5,000 affordable homes around Diwali 2025

MHADA lottery 2025: 5,000 affordable homes set to go on sale in Mumbai this Diwali, says Maharashtra housing authority

MHADA plans to release 5,000 affordable homes in Mumbai by Diwali 2025, with lottery draw expected in September-October. Homes will be located across Mumbai, with online applications for various income groups, following last year's successful housing initiative.

Mumbai real estate update: Bollywood actor Ajay Devgn has rented an office unit in Mumbai’s Andheri West area for Rs. 5.47 lakh monthly.

Ajay Devgn leases office space of over 2,500 sq ft in Mumbai's Andheri for 5.47 lakh monthly

Bollywood actor Ajay Devgn leased a 2,545 sq ft office in Mumbai's Andheri West for Rs 5.47 lakh monthly. The five-year lease, running from May 2025 to April 2030, includes a security deposit of Rs 16.42 lakh, with rent increasing after three years.

India real estate update: Mumbai, Bengaluru, and Delhi have been ranked among the top 15 global cities for prime residential price growth in Q1 2025. (Picture for representational purposes only)

Bengaluru, Mumbai, Delhi among top 15 global cities for prime residential price growth: Knight Frank report

Indian cities Bengaluru, Mumbai, and Delhi rank among top 15 global prime residential markets, with Bengaluru leading at 8.3% annual price growth, reflecting strong end-user demand and economic stability in Q1 2025.

Homebuyers guide: Several Reddit users discussed the concern online, noting that a homebuyer cannot claim compensation for any defaults if the promises are not mentioned in the agreement. (Picture for representational purposes only)

Homebuyer promised free add-ons by the developer during flat purchase? Here’s why it must be mentioned in the agreement

A homebuyer in Pune discovered that promised add-ons like a modular kitchen and ACs must be documented in the sale agreement. Legal experts advise explicitly listing all amenities to ensure protection under RERA and enable potential compensation if developers default.

A Bengaluru apartment rental listing has sparked widespread debate on social media after a landlord posted his apartment for rent with a <span class='webrupee'>₹</span>8 lakh deposit and <span class='webrupee'>₹</span>1 lakh rent for a 3BHK. (Representational Image)

Bengaluru real estate market's rental listing with 8 lakh deposit for a 3BHK sparks debate on social media

A Bengaluru rental listing demanding ₹8 lakh deposit for a 3BHK apartment sparked social media debate. The city's high rental deposit norms, ranging from 6-10 months' rent, reflect landlords' leverage in a competitive real estate market with limited affordable housing.

Mumbai real estate update: Bollywood actor Akshay Kumar has sold six properties in the Mumbai real estate market over the past two months, earning returns of over <span class='webrupee'>₹</span>103 crore

Check out Akshay Kumar's return on investment from the sale of six properties in Mumbai

Akshay Kumar sold six Mumbai properties in two months, earning over ₹103 crore. Transactions include luxury apartments and a commercial space in Borivali, Worli, and Lower Parel, with investments yielding 65-89% returns.

Princeton Digital Group (India) Management Pvt Ltd has leased 1 million sq ft of space in three buildings of Airoli Knowledge Park near Mumbai for a monthly rent of <span class='webrupee'>₹</span>10.42 crore from Gigaplex Estate Pvt Ltd. (Photo for representational purposes)

Princeton Digital Leases 1 million sq ft in Airoli Knowledge Park near Mumbai for 10.42 crore monthly rent

Princeton Digital Group leased 1 million sq ft in Airoli Knowledge Park near Mumbai from Gigaplex Estate for ₹10.42 crore monthly rent. The 20-40 year lease includes annual rent escalations and 81 parking spaces, marking a strategic data centre expansion.

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Friday, May 09, 2025
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