The real estate developer is expecting a gross development value of ₹1,300 crore and aims to achieve ₹400 crore of business within the first year.
Rustomjee GroupLuxury Real EstateMumbaiMatungaRustomjee 180 BayviewReal Estate MumbaiJun 13, 2024
The gross development value of the project is approximately ₹1,300 crore.
The target business for the first year of the project's launch is ₹400 crore.
The project offers 2 BHK, 3 BHK, 4 BHK, and duplex apartments ranging from 800 sq ft to 2,200 sq ft.
The project offers amenities for all ages, including recreational spaces for kids, senior citizens, and adults, along with state-of-the-art tech features for safety and security.
The project is expected to be handed over to residents in 2028.
The Economic Survey 2023-24 has revealed that real estate regulatory authorities have resolved over 1.25 lakh complaints and registered over 1.30 lakh projects under RERA as of July 1, 2024.
As leading metropolitan cities become increasingly unaffordable, individuals are flocking to Tier II cities, sparking a real estate boom in these emerging urban centers.
IDFC First Bank leases 1.65 lakh sq ft office space in Oberoi Commerz III, Goregaon, Mumbai, reflecting strong market fundamentals and resilience in India's commercial real estate market.
Raymond Realty is making strategic moves to enter Pune, Maharashtra's second-largest real estate market, with a focus on well-established locations priced between ₹15,000 to ₹25,000 per square foot.
CREDAI-MCHI, a leading real estate association in Mumbai, introduces India's first Quick Real Estate Mall, set to revolutionize the home-buying experience at their 32nd Property and Home Finance Expo.
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