Rising Sun Holdings has made a significant foray into Pune's real estate sector with a massive INR 395 crore office acquisition. The company has also diversified into hospitality and other high-value real estate segments, reinforcing its role as a major p
Real EstatePuneOffice SpaceAcquisitionRising Sun HoldingsReal Estate PuneSep 30, 2024
The value of the office acquisition made by Rising Sun Holdings in Pune is INR 395 crore.
The acquired property is located in the heart of Pune's business district.
Rising Sun Holdings aims to cater to the growing demand for premium office spaces in Pune.
Rising Sun Holdings has diversified into hospitality and other high-value real estate segments.
Rising Sun Holdings was founded in 2005.
The Pune Metropolitan Region Development Authority (PMRDA) has been fined Rs 13 lakh for causing damage to the Ganeshkhind Road during the construction of the Pune Metro project.
A recent research report by MOFSL suggests that the BJP-led bloc’s victory in Maharashtra will bring stability to the state, calming investor jitters and accelerating infrastructure development.
The Enforcement Directorate (ED) has seized deposits worth over Rs 31 crore and luxury cars in raids against two NCR-based real estate companies, Orris Infrastructure and Three C Shelters, accused of duping homebuyers to the tune of Rs 500 crore.
Balewadi, a vibrant suburb in Pune, is quickly gaining traction as a prime real estate destination, thanks to its excellent connectivity, robust infrastructure, and diverse property options.
The real estate sector has welcomed the Reserve Bank of India's (RBI) decision to cut the repo rate by 25 basis points to 6.25%. This move is expected to enhance homebuyer sentiment and make housing more affordable.
A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.