Real Estate Maharashtra
Supreme Court Boosts Compensation for Farmers in Maharashtra Land Acquisition Case
The Supreme Court has significantly enhanced the compensation granted to farmers whose lands were acquired in 1994 for the establishment of an industrial area in Maharashtra. The court's decision increases the compensation from Rs 32,000 per acre to Rs 58,320 per acre, recognizing the prime location of the land and the farmers' right to fair compensation.
Real Estate
Lodha Developers to Launch Rs 17,000 Crore Housing Projects by March 2024
Lodha Developers, one of India's leading real estate firms, plans to launch Rs 17,000 crore worth of housing projects by March 2024, driven by high demand and economic growth. The company aims to achieve Rs 21,000 crore in sales this fiscal year.
Real Estate
Godrej Properties Expands with Strategic Land Acquisitions in Bengaluru and Raipur
Godrej Properties, a leading real estate developer, has made significant land acquisitions in Doddaballapur, Bengaluru, and Raipur. These strategic moves aim to expand the company's footprint in premium housing and plotted development sectors.
Real Estate Pune
Pune: Farmers to Receive Developed Plots for Purandar Airport Land Donations
The Pune district administration has introduced an incentive plan to expedite land acquisition for the Purandar International Airport. Farmers who voluntarily surrender their land will receive 10% of it back as developed plots within the new Aerosity, a zone expected to drive significant economic growth.
Real Estate
Godrej Properties Secures 48-Acre Land in North Bengaluru for Plotted Development
Mumbai-based real estate giant, Godrej Properties, has acquired a 48-acre land parcel in Doddaballapur, North Bengaluru, to develop a plotted residential project spanning over 1.1 million sq ft.
Real Estate Mumbai
Godrej Properties Expands Bengaluru Footprint with 48-Acre Land Acquisition
Mumbai-based real estate developer Godrej Properties has acquired a 48-acre land parcel in Doddaballapur, North Bengaluru, marking its second significant land acquisition in a week. This strategic move further solidifies the company's presence in the thriving Bengaluru market.