Aditya Birla Real Estate's share price surged by 5% following the announcement of a new residential project by its wholly-owned subsidiary, Birla Estates Private Limited. This move is expected to boost the company's market position and attract more invest
Aditya Birla Real EstateBirla Estates Private LimitedReal EstateMajestic ResidencesMumbaiReal Estate NewsMar 18, 2025
The new residential project is named 'Majestic Residences.'
The 'Majestic Residences' is located in a prime area of Mumbai, India.
Aditya Birla Real Estate's share price increased by 5%.
The project includes a swimming pool, gym, and landscaped gardens.
Aditya Birla Real Estate is also exploring opportunities in commercial and retail real estate.
In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.
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In a significant move to address the concerns of homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has appointed 12 dedicated recovery officers to expedite the process of refunding amounts to homebuyers under the Real Estate (Regulation and Development) Act, 2016.
The rapid growth of urban areas is driving a significant increase in the demand for residential real estate, including both homes for sale and rental properties.
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