The Maharashtra Airport Development Company (MADC) is spearheading a significant infrastructure boom in Palghar and Boisar, positioning these regions as the next major urban growth hubs in the Mumbai Metropolitan Region (MMR). Real estate developers are o
PalgharBoisarMmrInfrastructureReal EstateReal Estate MaharashtraFeb 26, 2025
The MADC is spearheading several infrastructure projects in Palghar and Boisar, including the development of a new airport in Navi Mumbai, enhancing road infrastructure, building new highways, and improving public transportation systems.
Real estate developers are optimistic about the potential and are actively scouting for land to plan large-scale housing complexes, commercial spaces, and mixed-use developments.
The projects are expected to create jobs, increase employment opportunities, and boost the local economy. They will also attract population and generate revenue through tourism and other commercial activities.
The rapid urbanization poses challenges such as the need to ensure sustainable development practices to mitigate environmental impact and preserve natural resources.
The government is focusing on enhancing social infrastructure by constructing schools, hospitals, and community centers to meet the needs of the growing population.
The Indian real estate market is showing signs of recovery, driven by the rise of Grade A warehouses and a progressive outlook in 2018.
Blackstone sells 33 crore units in Nexus Select Trust REIT for ₹4,550 crore, reducing its stake to 21%. The sale is part of the firm's strategy to monetize its real estate portfolio.
India's leading real estate firms, Godrej Properties and Macrotech Developers, have reported impressive sales of over Rs 22,000 crore in the first half of the current fiscal year, riding high on the demand for premium housing units.
The construction and real estate sectors are facing a significant decline in new project announcements, while manufacturing and other sectors show mixed performance.
Oberoi Realty has entered into a deal to redevelop a 2.5-acre land parcel in Bandra, Mumbai, under the Slum Rehabilitation Authority (SRA) initiative. This move is expected to boost the real estate sector in the area, bringing modern and sustainable devel
The Bharatiya Janata Party (BJP) has raised serious allegations of real estate misuse and fraud in the National Herald case, asserting that the matter is far from being a charitable act but rather a manipulation of property.