Global Health, operator of Medanta hospitals, is set to build a 500-bed super specialty hospital in Mumbai with an investment of ₹1,200 crore. The project, funded equally by debt and internal accruals, will be completed in 3-4 years.
MedantaMumbaiHospitalHealthcareInvestmentReal Estate MumbaiAug 09, 2024
₹1,200 crore
Over 500 beds
3-4 years
Global Health
2,823 beds
Finance Minister Nirmala Sitharaman announces amendments to LTCG tax proposal on real estate, offering taxpayers a choice between reduced rates under the old system or without indexation.
Brookfield Asset Management acquires minority stake in Indian developer, bolstering its local real estate portfolio.
In a significant real estate transaction, DLF's joint venture, DCCDL, has sold the Kolkata Tech Park 1 to Primarc and RDB Group for a staggering Rs 637 crore, marking a milestone in the city's property market.
The land, owned by the Maharashtra Housing and Area Development Authority (MHADA), is set to be redeveloped by Oberoi Realty. The company anticipates receiving a free sale component as part of the project...
India's luxury housing market has shown a significant surge, recording a 53% year-over-year growth in 2024. The premiumisation of offerings is expected to remain a strong trend, driven by increasing demand for high-end amenities and prime locations.
The Hyderabad Urban Development and Regulatory Authority (HYDRAA) has issued a stern warning against dumping construction debris in water bodies. The agency organized a meeting with real estate firms, builders, and transporters to emphasize the importance of protecting these natural resources.