Build Capital, a prominent early-stage real estate financier, has successfully exited its investment in a Slum Rehabilitation Authority (SRA) project near the Bandra-Kurla Complex in Mumbai, marking a significant milestone in the company's growth and deve
Real EstateSra ProjectBandrakurla ComplexUrban DevelopmentSustainable HousingReal Estate NewsMar 12, 2025

The Slum Rehabilitation Authority (SRA) is a government body in Mumbai responsible for the rehabilitation and redevelopment of slum areas. It aims to provide improved housing and infrastructure to slum dwellers while promoting sustainable urban development.
The Bandra-Kurla Complex (BKC) is a financial district in Mumbai, India. It is home to numerous corporate offices, financial institutions, and high-end residential properties, making it a key economic hub in the city.
Build Capital exited the SRA project to maximize value for all stakeholders and to focus on new opportunities. The successful completion of the project marks a significant milestone in the company’s growth and development.
The SRA project in the BKC area has numerous benefits, including improved living conditions for slum dwellers, enhanced infrastructure, and the creation of sustainable urban environments that contribute to the economic growth of the region.
Build Capital’s future strategy involves expanding into other high-potential real estate markets in India, continuing to focus on sustainable and inclusive urban development, and maintaining a strong commitment to responsible investment practices.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.