Birla Estates has ventured into the Mumbai redevelopment market by collaborating with Parinee Real Estate Builders for a project in Khar West. This partnership will redevelop the Anmol and Bhartiya Bhavan Co-operative Housing Societies, featuring a saleable area of 2.9 lakh square feet and a projected revenue potential of ₹1,700 crore.
Related Posts
Karnataka Probes Infosys Land Sale for E-Khata Bypass
Karnataka’s revenue authorities have initiated an investigation into recent plot sale transactions, including one between Infosys and real estate developer Puravankara. The inquiry aims to identify any procedural deviations and determine subsequent actions. Revenue Minister Krishna Byre Gowda stated, “We have decided to expand the probe into transactions statewide,” in an interview with RealtyDailyNews. Inspector General of Registration (IGR) Mullai Muhilan has initiated this review following the discovery that five sub-registrars did not adhere to regulations. The authorities now mandate the submission of an e-khata, the digital version of a property’s official record, for property registration. The Kaveri 2.0 portal…
Brookfield India REIT Secures ₹3,500 Crore for Growth, Debt Relief
NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has successfully raised ₹3,500 crore through a qualified institutional placement (QIP) of units, representing one of the largest capital raises by an Indian REIT. The offering, which commenced on December 10, 2025, saw demand surpass three times the available amount. According to the disclosure, the REIT garnered over ₹10,900 crore in demand from both domestic and foreign institutional investors, resulting in the allotment of 10.94 crore units under the QIP. The funds raised will be utilized for portfolio expansion, including the planned acquisition of Ecoworld, a 48-acre, 7.7 million sq…
Patna to Adopt NCR Model; Metro Operations Set to Start
Representative AI image PATNA: On Wednesday, Urban Development and Housing Department (UDHD) Minister Jibesh Mishra announced plans to develop Greater Patna following the model of Delhi’s National Capital Region (NCR), utilizing a land pooling policy for organized urban expansion. Mishra also confirmed that the Patna Metro Rail project is set for inauguration this month on the priority corridor. Prime Minister Narendra Modi is anticipated to visit Bihar on September 29 and may officially inaugurate the metro service during this visit. Initially, the metro will operate across three stations with the government planning to expand the network by adding more stations…