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RBI Acquires Prime Nariman Point Land from MMRCL for ₹3,472 Crore

Real Estate

RBI Acquires Prime Nariman Point Land from MMRCL for ₹3,472 Crore

In a significant real estate transaction, the Reserve Bank of India (RBI) has purchased a prime 39,663 square meter land parcel in Mumbai’s Nariman Point from the Mumbai Metropolitan Region Development Authority (MMRCL) for ₹3,472 crore. This deal underscores the growing importance of strategic land acquisitions in Mumbai’s financial district.

September 11, 2025
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RBI Acquires Prime Nariman Point Land from MMRC for ₹3471 Crore

Real Estate Maharashtra

RBI Acquires Prime Nariman Point Land from MMRC for ₹3471 Crore

The Reserve Bank of India (RBI) has completed a significant real estate transaction by acquiring a 16,842 sq.m plot at Nariman Point from the Mumbai Metro Rail Corporation Ltd. (MMRC) for ₹3471 crore. This deal is part of MMRC's strategy to raise funds for the ongoing Metro Line 3 project.

September 11, 2025
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RBI Acquires Prime Nariman Point Land in Mumbai for ₹3471 Crore

Real Estate Mumbai

RBI Acquires Prime Nariman Point Land in Mumbai for ₹3471 Crore

The Reserve Bank of India (RBI) has purchased a prime 16,842 sq.m land at Nariman Point from the Mumbai Metro Rail Corporation Ltd. (MMRC) for ₹3471 crore, marking one of the biggest real estate transactions in recent history.

September 11, 2025
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Godrej Properties Ordered to Pay ₹244 Crore in Anandam World City Dispute

Real Estate

Godrej Properties Ordered to Pay ₹244 Crore in Anandam World City Dispute

Nagpur: Real estate giant Godrej Properties Limited has been ordered to pay ₹244 crore in compensation to Goldbricks Infrastructure Pvt. Ltd. by an arbitration tribunal, headed by former Supreme Court judge Justice Indu Malhotra. The ruling is a significant setback for Godrej in the long-running Anandam World City project dispute.

September 11, 2025
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Mumbai Metro Sells Land to RBI for Metro-3 Funding: A Major Milestone

Real Estate Mumbai

Mumbai Metro Sells Land to RBI for Metro-3 Funding: A Major Milestone

The Mumbai Metro Rail Corporation (MMRC) has successfully sold land in south Mumbai to the Reserve Bank of India (RBI) for Rs 3,471.82 crore, significantly boosting the funding for the Colaba-Bandra-SEEPZ Metro-3 corridor.

September 11, 2025
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RBI Seals Rs 3,472 Crore Nariman Point Land Deal in Mumbai

Real Estate

RBI Seals Rs 3,472 Crore Nariman Point Land Deal in Mumbai

The Reserve Bank of India has finalized a significant land purchase in Mumbai's prime Nariman Point area for Rs 3,472 crore, marking one of the largest real estate deals in the city's history.

September 11, 2025
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RBI Secures Prime Nariman Point Land for Rs 3,472 Crore in Mumbai’s Largest Real Estate Deal

Real Estate Mumbai

RBI Secures Prime Nariman Point Land for Rs 3,472 Crore in Mumbai’s Largest Real Estate Deal

The Reserve Bank of India has finalized a landmark purchase of a 4.2-acre land parcel in Nariman Point, Mumbai, for Rs 3,472 crore, making it one of the largest real estate deals in the city's history.

September 11, 2025
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RBI Acquires Prime 4.6-Acre Nariman Point Land for Rs 3,472 Crore

Real Estate

RBI Acquires Prime 4.6-Acre Nariman Point Land for Rs 3,472 Crore

The Reserve Bank of India (RBI) has secured a 4.61-acre land plot at Nariman Point, Mumbai, from MMRCL for ₹3,472 crore, marking one of the largest land deals in India this year.

September 11, 2025
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RBI Acquires Prime 4.16-Acre Land in Nariman Point for Rs 3,472 Crore

Real Estate Mumbai

RBI Acquires Prime 4.16-Acre Land in Nariman Point for Rs 3,472 Crore

The Reserve Bank of India (RBI) has purchased a 4.16-acre plot in Nariman Point, Mumbai, for Rs 3,472 crore from the Mumbai Metro Rail Corporation Ltd (MMRCL). The land will be used for self-use and commercial purposes.

September 11, 2025
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RBI Secures Prime Nariman Point Land in 2025’s Largest Real Estate Deal

Real Estate

RBI Secures Prime Nariman Point Land in 2025’s Largest Real Estate Deal

The Reserve Bank of India (RBI) has acquired a 4.16-acre land parcel at Nariman Point, Mumbai, for ₹3,471.82 crore, marking one of the largest real estate transactions of 2025.

September 11, 2025
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RBI Secures Prime Nariman Point Land in Major 2025 Real Estate Deal

real estate news

RBI Secures Prime Nariman Point Land in Major 2025 Real Estate Deal

The Reserve Bank of India (RBI) has acquired a 4.16-acre land parcel at Nariman Point in South Mumbai for ₹3,471.82 crore, marking one of the largest land transactions in India this year.

September 11, 2025
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RBI Secures 4.6-Acre Nariman Point Land from MMRCL for a Whopping Rs 3,472 Crore

Real Estate Mumbai

RBI Secures 4.6-Acre Nariman Point Land from MMRCL for a Whopping Rs 3,472 Crore

The Reserve Bank of India (RBI) has acquired a prime 4.61-acre land parcel at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for ₹3,472 crore. This significant land transaction highlights the enduring value of Nariman Point in Mumbai’s commercial real estate market.

September 11, 2025
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RBI Secures 4.61-Acre Prime Nariman Point Land for Rs 3,472 Crore

real estate news

RBI Secures 4.61-Acre Prime Nariman Point Land for Rs 3,472 Crore

The Reserve Bank of India (RBI) has made a significant acquisition, purchasing a 4.61-acre plot in Nariman Point, South Mumbai, from the Mumbai Metro Rail Corporation Ltd (MMRCL) for Rs 3,472 crore. This deal is one of the largest land transactions in India this year, reinforcing Nariman Point's status as a premium commercial hub.

September 11, 2025
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RBI Seals ₹3,472 Crore Land Deal with MMRCL for Nariman Point Plot

Real Estate Mumbai

RBI Seals ₹3,472 Crore Land Deal with MMRCL for Nariman Point Plot

The Reserve Bank of India (RBI) has signed a significant land deal with the Mumbai Metro Rail Corporation Ltd (MMRCL) to acquire a 4.2-acre plot in Nariman Point for ₹3,472 crore. This prime location will be used to construct a new office complex for the central bank.

September 10, 2025
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RBI Acquires 4.61-Acre Plot at Nariman Point for Rs 3,472 Crore

Real Estate Mumbai

RBI Acquires 4.61-Acre Plot at Nariman Point for Rs 3,472 Crore

The Reserve Bank of India (RBI) has made a significant real estate acquisition in Mumbai, purchasing a 4.61-acre land parcel at Nariman Point from the Mumbai Metro Rail Corporation (MMRCL) for Rs 3,472 crore. This strategic move expands the central bank's footprint in the financial hub.

September 10, 2025
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Mitsubishi Heavy Industries to Double Gas Turbine Capacity Amid Global Demand Surge

Real Estate Mumbai

Mitsubishi Heavy Industries to Double Gas Turbine Capacity Amid Global Demand Surge

Mitsubishi Heavy Industries (MHI) is set to double its gas turbine production capacity within the next two years to meet the growing global demand. This decision comes as the company sees a surge in orders due to the proliferation of data centers and the need for stable, cleaner energy alternatives.

September 1, 2025
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Why Affordable Housing Lags Despite RBI Rate Cuts: Premium Homes Drive Market, Says Report

real estate news

Why Affordable Housing Lags Despite RBI Rate Cuts: Premium Homes Drive Market, Says Report

Despite three consecutive RBI rate cuts and improved liquidity, India's affordable housing sector continues to face headwinds, with the premium housing market driving the growth.

August 29, 2025
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Why Affordable Housing Lags Despite RBI Rate Cuts: Premium Homes Drive Market

Real Estate

Why Affordable Housing Lags Despite RBI Rate Cuts: Premium Homes Drive Market

Despite the Reserve Bank of India (RBI) cutting policy rates, the benefits of cheaper credit are not translating into higher traction for affordable and mid-segment housing. The premium housing segment is surging, while affordable homes face significant challenges.

August 29, 2025
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Where to Find Affordable Housing in India's Top Metros in 2025

Real Estate Pune

Where to Find Affordable Housing in India's Top Metros in 2025

Ahmedabad, Pune, and Kolkata stand out as the most affordable metro housing markets in India for 2025, thanks to lower property prices, economic stability, and infrastructure improvements.

August 28, 2025
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Inorbit Malls Unveils New Lifestyle Destination in Hubballi, Karnataka

Real Estate

Inorbit Malls Unveils New Lifestyle Destination in Hubballi, Karnataka

Inorbit Malls, a leading retail venture of the K Raheja Corp, launches its fifth mall in Hubballi, Karnataka, marking a significant milestone in its expansion strategy.

August 27, 2025
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