Kamal Singal, Managing Director and CEO of Arvind Smartspaces, expressed his excitement over the company's entry into the Mumbai real estate market. The new township project promises to bring modern living experiences to the bustling city.
Mumbai Real EstateTownship DevelopmentSustainable LivingArvind SmartspacesKamal SingalReal Estate NewsJan 24, 2025
Arvind SmartSpaces is launching a new township in the Mumbai Metropolitan Region (MMR) that will offer a range of residential options and state-of-the-art amenities.
Kamal Singal is the Managing Director and CEO of Arvind SmartSpaces, responsible for the company's strategic direction and growth.
The new township will include apartments, villas, and townhouses, along with parks, recreational facilities, schools, and healthcare centers, all designed to promote a holistic living experience.
Arvind SmartSpaces integrates eco-friendly features such as energy-efficient buildings, rainwater harvesting systems, and green spaces to promote a healthy environment.
Arvind SmartSpaces plans to expand its footprint in key real estate markets across India, with the goal of replicating the success of its projects in other major cities.
The city of Mumbai has recorded approximately 11,735 property registrations in August 2024, contributing over Rs 1,072 crore to the state exchequer, with sustained buyer confidence resulting in consistent sales.
Sara Ali Khan and her mother, Amrita Singh, have made a significant investment in Mumbai's real estate market by purchasing two commercial office spaces for Rs 22.26 crore. This move underscores their commitment to diversifying and growing their property
Experts suggest that the affordable housing cap should be increased to at least ₹85 lakh in Mumbai and ₹60-65 lakh in other metro cities to better reflect current market conditions.
Honasa Consumer, a leading consumer goods company, is on the lookout for creative agencies to collaborate with. The company has invited agencies to submit their most outrageous-yet-effective campaign work.
The proposed Namma Metro extension to Devanahalli in Karnataka is expected to significantly boost real estate demand and improve connectivity in the region. This development could transform the local economy and attract more investments.
The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.