Real Estate
IFC Injects $50 Million into Birla Estates for Sustainable Real Estate Development
The International Finance Corporation (IFC) has announced a significant investment of $50 million in Birla Estates to support sustainable housing projects in Thane and Pune. This strategic move aims to set new benchmarks in the Indian real estate market.
Real Estate Mumbai
JM Financial Acquires 1.4 Lakh Sq Ft Commercial Space in Mulund
JM Financial has made a significant move in the real estate market by acquiring 1.4 lakh square feet of commercial space in Mulund, Mumbai. This acquisition is part of a larger trend of corporate investments in prime commercial properties.
real estate news
William O'Neil Focuses on These Two Real Estate Stocks Post RBI Rate Cut
Following the RBI's 50 basis points rate cut, real estate stocks such as DLF and Prestige Estates are showing strong momentum. William O'Neil highlights their potential for steady earnings growth.
real estate news
Birla Estates Secures $50 Million from IFC for Sustainable Housing Projects
Birla Estates, a leading real estate developer, has secured a $50 million investment from the International Finance Corporation (IFC) to fund its housing projects in Thane and Pune. This investment underscores Birla Estates' commitment to sustainable real estate development in India.
Real Estate
JM Financial Acquires 1.4 Lakh Sq Ft Commercial Space in Mumbai's Mulund from Prestige Estates
JM Financial Products Ltd has acquired 1.4 lakh sq ft of commercial space in the Prestige Trade Centre in Mulund, Mumbai, for an estimated market value of ₹149 crore. This acquisition is part of a court settlement linked to the restructuring deal when Prestige Estates took over the project from Aristo Realty.
Real Estate
Godrej Subsidiary Acquires Luxurious Duplex in Worli Sea Face for Rs 225.75 Crore
Shaula Real Estates Private Limited, a subsidiary of Godrej Industries, has made a significant real estate investment by purchasing a luxurious duplex apartment in Worli Sea Face, Mumbai, for Rs 225.75 crore. The property, part of the Naman Xana project, boasts a carpet area of 9,214 sq. ft. and six car parking spaces.