Bengaluru-based real estate developer Puravankara secures redevelopment rights of Miami Apartments at Breach Candy, marking its entry into South Mumbai's ultra-luxury market.
PuravankaraSouth MumbaiLuxury Real EstateRedevelopmentBengaluruReal Estate NewsSep 12, 2024
The Miami Apartments redevelopment project is located at Breach Candy in South Mumbai.
The estimated rate per sq ft in the South Mumbai market is between ₹1,25,000 and ₹1,40,000.
Puravankara has redeveloped four societies in the Andheri area of Mumbai.
The saleable area of the land parcel in Electronics City, Bengaluru is 260,000 sq ft.
The current market rate per sq ft in the Electronics City micro-market is between ₹12,000 and ₹14,000.
The Maharashtra government has set a target to construct 35 lakh affordable homes in the next five years, allocating ₹7425 crore for various housing schemes.
This judgment emphasizes the significance of registering sale deeds to ensure legal ownership of immovable property in the Indian real estate market. Understanding the borrower's right of redemption is crucial for both buyers and sellers.
Financial expert Rishabh Zaveri recently shared an eye-opening case study, exploring how Mumbai's real estate market has evolved over the past century. The study reveals the astronomical rise in property values and the potential returns on investments mad
Hyderabad is swiftly becoming a coveted destination for luxury living, offering all the advantages of a prime metro city at a more affordable cost compared to Mumbai, Delhi-NCR, or Bengaluru.
The real estate market in top 9 cities, including Bengaluru, witnessed a significant downturn in the first quarter of 2023, with launches of housing units dropping by 34%. Despite this, Bengaluru remains a favored destination for investments due to its robust rental yields.
A confrontation erupted at the University of Hyderabad (UoH) as police lathi-charged students and faculty protesting the proposed auction of 400 acres of university land. The clash resulted in at least 20 injuries, raising concerns over the university administration's decision to prioritize real estate development over environmental conservation and student welfare.