News Room

Pune, March 2025 – The International Conference on Global Co-operation is set to take place on Saturday, March 22, and Sunday, March 23, 2025, at Ganesh Kalakreeda Sangh, Pune, from 10 AM to 8 PM. This significant event will bring together key policymakers, industry leaders, and stakeholders to discuss the future of cooperative housing, sustainable urban development, and smart housing solutions. Organized under the Ministry of Co-operative Affairs, Government of India, in collaboration with the Maharashtra State Government, the conference is supported by leading organizations, including the Maharashtra State Co-op Bank Pune, Pimpri Chinchwad Municipal Corporation, Pune Metro, MHADA, Pune District & Maharashtra State Co-op Housing and Apartments Federation, National Society for Clean City, CREDIA, and various other cooperative and housing federations. Dignitaries in Attendance The event will witness the presence of esteemed dignitaries, including:- Honorable Prime Minister of India, Shri Narendra Modi – Honorable Home Minister of India, Shri Amit Shah – Honorable Minister of State for Civil Aviation, Shri Murlidhar Mohol – Honorable Chief Minister of Maharashtra, Shri Devendra Fadnavis – Honorable Deputy Chief Ministers of Maharashtra, Shri Ajit Pawar and Shri Eknath Shinde – Honorable Minister of Co-operation, Maharashtra, Shri Babasaheb Patil – Honorable Minister of State for Co-operative Affairs, Dr. Pankaj Bhoyer – Senior government officials and policymakers Key Topics of Discussion The two-day conference and exhibition will provide a platform for addressing major challenges and opportunities in the housing and cooperative sector. Key discussion points include: – Revival and strengthening of cooperative housing societies – Sustainable waste management and environmental solutions – Development of e-charging infrastructure and renewable energy integration – Smart housing technologies and security solutions – Enhancing green cover and urban ecology – Resolution of MHADA-CIDCO-related issues – Financial recovery strategies for housing societies – Cybersecurity, transparency, and corruption-free cooperative governance Recognizing 2025 as the International Year of Cooperatives, the event will place a special focus on encouraging youth and women to participate and take leadership roles in shaping the future of cooperative housing. Why Attend? – Gain insights from expert speakers on redevelopment, home financing, and cooperative management. – Learn about smart housing technologies, green building solutions, and government schemes. – Connect with industry leaders, policymakers, and cooperative housing experts. Event Details Date: March 22-23, 2025 Venue: Ganesh Kalakreeda Sangh, Swargate, Pune Time: 10 AM – 8 PM Entry: Free This conference presents a unique opportunity for housing societies and stakeholders to explore new solutions, collaborate on important initiatives, and build a sustainable future. For Registration click here: https://www.housingsocietyz.com/problemsolution

  Mumbai, 13 March 2025: Worli, a historic precinct in South Central Mumbai, has transformed into one of the city’s most sought-after luxury residential and commercial hubs. A new report by ANAROCK studies this markets’ continuous growth as a prime destination for high-net-worth individuals (HNIs) and multinational corporations on the back of its seamless connectivity, high-end developments, and continuous infrastructure advancements. From Industrial Hub to Luxury Destination Anuj Puri, Chairman – ANAROCK Group, says, “Originally an industrial stronghold, Worli housed numerous textile mills and working-class chawls. However, the closure of these mills in the 1990s and 2000s spurred large-scale redevelopment, paving the way for premium residential towers and commercial spaces. The construction of the Bandra-Worli Sea Link further solidified its reputation as a premier address, making the area attractive to corporate professionals and wealthy homebuyers.” “Today, Worli is characterized by towering skyscrapers offering panoramic sea views, premium amenities, and some of the highest real estate prices in Mumbai, adds Puri. “With ongoing infrastructure projects like the Mumbai Coastal Road and Metro Line-3, its desirability is only set to rise further.” Strategic Location and Connectivity Worli’s central location allows seamless access to key business districts such as Bandra-Kurla Complex (BKC), Lower Parel, and Nariman Point. The area’s connectivity is reinforced by major infrastructure projects, including: Bandra-Worli Sea Link – Reducing travel time to Western suburbs. Mumbai Coastal Road – Enhancing North-South connectivity. Mumbai Metro Line-3 (Colaba-Bandra-SEEPZ) – Improving public transit access. Eastern and Western Express Highways – Offering arterial routes to different parts of the city. These developments have made Worli a preferred residential choice for executives and investors looking for high appreciation value. A Luxury Housing Powerhouse Worli’s real estate market is dominated by ultra-luxury residences with high-end amenities and breathtaking views of the Arabian Sea. Some key statistics highlight its prominence: Total Supply (till 2024): 4,600 units Average Price per Sq. Ft.: INR 75,000 Dominant Price Range: INR 6 Cr – INR 12 Cr (52% of inventory) Price Appreciation (2022-2024): 30% Ultra Luxury Transactions (2023 – 2024): 30 deals above INR 40 Cr, worth INR 4862 Cr Luxury projects such as Lodha The World Towers, Birla Niyaara, Oberoi Three Sixty West, and Raheja Imperia define Worli’s skyline, attracting celebrities, business tycoons, and NRIs. The market is also witnessing significant redevelopment of aging properties, ensuring a continuous pipeline of high-end residences. Land Deals Commercial Real Estate Worli’s commercial real estate sector has grown steadily, with Grade A office spaces catering to global corporations, financial institutions, and startups. Key statistics include: Upcoming Supply (2025-2026): 2.98 million sq. ft. Average Rental Value: INR 170-280 per sq. ft./month Price Appreciation (2018-2024): 18% Landmark commercial projects such as One Lodha Place, Lodha Supremus, and Altimus have made Worli a preferred business destination. The presence of premium residences and lifestyle hubs further enhances its appeal for professionals. Growth and Investment Potential With major infrastructure projects nearing completion, Worli’s real estate market is poised for continued growth. Key drivers include: Continued Infrastructure Investments: Mumbai Coastal Road and Metro Line-3 will further boost accessibility. Luxury Redevelopment Projects: Older buildings are being replaced with modern high-rises. Corporate and Commercial Expansion: Demand for premium office spaces continues to rise. Rising Investment Value: Consistently high property appreciation makes Worli an attractive choice for investors. Despite challenges such as high property prices, traffic congestion, and limited land availability, Worli remains one of Mumbai’s most prestigious and resilient real estate markets. For investors and homebuyers seeking exclusivity, connectivity, and long-term value, Worli stands unmatched as a premier destination in South Central Mumbai.

Mumbai, March 13, 2025: Bollywood actress Kajol has made a significant addition to her real estate portfolio with the purchase of a premium retail space in Goregaon West, Mumbai. The commercial property, spanning 4,365 sq ft, was acquired for ₹28.78 crore from Bharat Realty Ventures Pvt Ltd, according to documents accessed by IndexTap. Located on the ground floor of a retail development on Linking Road, Bangur Nagar, the property boasts five car parking spaces and commands a per sq ft rate of ₹65,940. The transaction was registered on March 6, 2025, with Kajol paying a stamp duty of ₹1.72 crore. This marks another strategic investment by the actress in Mumbai’s real estate market. In *2023, Kajol had acquired an *office space in Andheri West’s Signature Building for ₹7.64 crore, covering a RERA carpet area of 194.67 sq m. That same year, she also purchased a luxury apartment in Mumbai for ₹16.50 crore from Bharat Realty Ventures Pvt Ltd. Kajol’s husband, actor-director Ajay Devgn, has also been active in the commercial real estate sector. Earlier this month, he *leased out a 3,455 sq ft office space in Mumbai for a monthly rent of ₹7 lakh. Additionally, he renewed the lease for two commercial units in Andheri, spanning 1,500 sq ft, for ₹4.16 lakh per month.

Mumbai, 12th March 2025: Gautam Adani’s conglomerate has secured the top bid for the ₹36,000 crore redevelopment project of Motilal Nagar in Mumbai’s Goregaon. This marks the group’s third significant real estate acquisition in the city, following its involvement in the Dharavi slum redevelopment and the purchase of a 17-acre plot in Bandra Reclamation. Motilal Nagar, spanning 143 acres in Goregaon West, is one of Mumbai’s largest housing redevelopment initiatives. Adani Properties Pvt Ltd (APPL) outbid its closest competitor, L&T, by offering a higher built-up area. A Letter of Allotment (LoA) is expected to be issued soon. Last week, the Bombay High Court granted permission to the Maharashtra Housing and Area Development Authority (MHADA) to carry out the redevelopment through a designated construction and development agency (C&DA). The Maharashtra government had classified Motilal Nagar as a ‘special project,’ allowing MHADA to oversee it while engaging a C&DA due to financial and operational constraints in executing the project independently. The redevelopment is estimated to cost around ₹36,000 crore, with a planned rehabilitation period of seven years from the project’s commencement. As per the tender specifications, the C&DA is required to provide 3.83 lakh square meters of housing stock. APPL secured the project by committing to deliver 3.97 lakh square meters to MHADA, surpassing L&T’s offer of 2.6 lakh square meters. The project aims to rehabilitate 3,372 eligible residential units under MHADA, 328 commercial establishments, and 1,600 slum dwellings in accordance with the 1971 Slum Act. Meanwhile, SVR Srinivas, CEO of the Dharavi Redevelopment Project, stated on February 27 that the master plan for Dharavi’s redevelopment is expected to be finalized within a month, with the tenement survey set to conclude in the coming months. Srinivas further revealed that the estimated investment for the Dharavi redevelopment and rehabilitation initiative is projected to be approximately ₹3 lakh crore.

Mumbai, 11th March 2025: Bollywood actor Akshay Kumar has sold his apartment in Borivali East, Mumbai, for ₹4.35 crore. As per records from the Inspector General of Registration (IGR), the transaction was officially registered in March 2025, with a stamp duty payment of ₹26.1 lakh. The property, located in Oberoi Realty’s Sky City, is part of a premium residential project offering 3BHK, 3BHK+Studio, and Duplex apartments. According to IGR documents reviewed by Square Yards, Akshay Kumar had originally purchased the apartment in November 2017 for ₹2.37 crore. The unit has a carpet area of 1,073 sq ft (99.71 sqm) and comes with two dedicated car parking spaces. Earlier this year, in January, the actor sold another unit in the same building for ₹4.25 crore. This property was also bought in 2017. Other Bollywood celebrities, including Amitabh Bachchan and Abhishek Bachchan, have also invested in Sky City, acquiring multiple properties in May 2024.

Here comes the Land & Leisure Homes Expo 2025. Taking place from April 4th to April 6th, 2025, at Nesco – Goregaon, Bombay Exhibition Center, this premier event is the ultimate platform for real estate builders, investors, and property buyers to explore the best investment opportunities and weekend homes. Hosted by: Spazemedia and PrimeStage Media Media Partner: Outlook Business Gifting by: Ashnam Associate Partner: Dreams Per Square feet The nation’s exclusive real estate exhibition is bringing together a handpicked selection of scenic farmhouses, luxury villas, investment plots, resort properties, residential properties, and leisure homes – perfect for those seeking serene getaways or high-return investments. A Legacy of Excellence & Proven Success With previous editions built upon success, the Land & Leisure Homes Expo has been a sure market for top real estate in the country. Its previous events have seen high investor interest along with strategic partnerships, thereby being a platform changer for its exhibitors as well as the attendees. For Exhibitors: Put Your Projects in the Spotlight Land & Leisure Homes Expo 2025 is a premium platform for developers, builders, and service providers to showcase their finest projects before a thoroughly engaged audience. Focused on second homes, farmhouses, villas, residential properties  and leisure real estate, the exhibition will allow exhibitors to: Showcase their projects to high-intent buyers and investors. Increase brand visibility in an elite real estate network. An opportunity to secure lucrative deals in a vibrant and engaging environment! Expand your network and connect with key industry players. Opportunities like this don’t come often! Gain maximum visibility, connect with key industry players. Secure your spot now! Visit https://landandleisurehomes.com/upcoming-event.php or connect with us at 9321172793 / 8652259523 to book your space today! For Investors & Buyers: Your Next Home, Investment, and Lifestyle Is All Under One Roof! For those looking to invest in farmhouses, luxury villas, investment plots, resort properties, residential properties and leisure homes, peaceful countryside escapes, or high-growth real estate assets, the Land & Leisure Homes Expo 2025 is the perfect destination. Attendees can: Explore exclusive, handpicked properties from renowned developers. Gain valuable insights from top real estate experts and financial advisors. Connect directly with trusted builders and investment consultants. Discover properties tailored for personal retreats or high-return investments. Unlock special event-only deals and exclusive financing options. Stay ahead with the latest real estate trends and market opportunities. So, to register and avail all these benefits on https://landandleisurehomes.com/visit.phputm_source=Article&utm_medium=Press+Release&utm_campaign=Paid+Visitors The Exhibitors Which Fuel Innovation and Growth This year, Land & Leisure Homes Expo 2025 will exhibit excellence from developers at its finest level. Participants such as the country’s most reliable and prominent developers to top-rated real estate service providers enhance every event’s purpose, strengthening opportunities for networking and business development along with presence in the market while upholding this expo’s value as one of the crucial points in real estate. Why Attend? Access to the nation’s best second homes and luxury retreats. Best network opportunities among the greatest in the industry and investors, and developers. Peer Discussions led by experts in all the current trends, forecasts in the market, and investments strategies. Smooth Buying of Property experience with multiple developers. Event Details Venue: Nesco – Goregaon, Bombay Exhibition Center Dates: 4th, 5th and 6th April, 2025 Time: 10:00 AM to 08:00 PM About Land & Leisure Homes Expo The Land & Leisure Homes Expo stands as India’s leading real estate event that focuses exclusively on second properties and investment homes alongside premium leisure locations. Through its assembly of premier real estate developers with absolute investors and property purchasers the expo establishes industry evolution while providing complete real estate solutions. Since its successful past edition the expo has maintained its position to shape new investment perspectives while reshaping Indian lifestyle living practices. For Media Inquiries, Sponsorship Opportunities, or Exhibitor Participation, Please Contact: https://landandleisurehomes.com/contact-us.php or connect with us at 9321172793 / 8652259523

Mumbai, 6th March 2025: Tesla has finalized a five-year lease agreement for its first showroom in India, paving the way for its entry into the country’s electric vehicle (EV) market, according to a Reuters report. The showroom will be situated in Mumbai’s Maker Maxity building, located in the business and retail hub of Bandra Kurla Complex, near the city’s airport. As per the lease documents, the agreement commenced on February 16, 2025. Tesla will pay approximately $446,000 in rent for the first year for a 4,003-square-foot (372-square-meter) space, roughly equivalent to the size of a basketball court. Tesla has been eyeing the Indian market for years. While the company initially aimed to launch operations in 2022, regulatory challenges, high import duties, and inadequate EV infrastructure delayed its plans. After addressing these concerns, Tesla reignited its efforts last year to establish a presence in India, targeting one of the fastest-growing automotive markets in the world.

Pune, 24th February 2025 – Pune has reaffirmed its position as India’s leading real estate market, recording the highest housing sales across the country for the fourth consecutive year. The *Pune Housing Report – February 2025, jointly released by CREDAI Pune Metro and CRE Matrix, highlights Pune’s dominance, affordability, and rapid growth in the real estate sector. According to the report, Pune recorded 90,000 housing units sold in 2024, reflecting a 56% surge in sales since 2020. The total sales value soared to *₹65,000 crores in 2024, marking a 9.28% increase from ₹59,480 crores in 2023. The official unveiling of the report took place at the Ramkumar Rathi Hall, CREDAI Pune Metro office, Camp, attended by key industry leaders, including **CREDAI Pune Metro President Ranjit Naiknavare, CRE Matrix CEO Abhishek Gupta, Public Relations Convenor Kapil Gandhi, Management Committee Members Abhishek Bhatewara and Punit Oswal, Data Analyst Rahul Ajmera, and Hiren Parmar. Over 100 representatives from the real estate sector participated in the event. Key Insights from the Report India’s Top Real Estate Market – Pune led the country with nearly 90,000 housing units sold in CY2024, generating a total sales value of *₹65,000 crores, reflecting an extraordinary 116% growth since 2019. Affordability Fuels Growth – Pune remains the most affordable metro city in India, with an average home price of ₹73 lakh, significantly lower than Bengaluru (₹1.35 crore) and Hyderabad (₹1.75 crore). Investment Preference – 51% of individuals in Pune prefer real estate over other assets such as equities, gold, or fixed deposits, making it the most sought-after investment avenue. Market Expansion – Pune’s residential market has seen a *22% CAGR* in the total value of unit sales over the past five years. Changing Buyer Preferences – The share of homes priced below ₹70 lakh dropped to *60% in 2024, down from **85% in 2020, indicating **a rising demand for premium housing*. Luxury Housing Surge – Sales of homes priced above *₹1 crore have increased 5X in five years*, signaling Pune’s transformation into a more affluent real estate market. Affordable Housing Shift – Affordable homes priced below *₹45 lakh now account for 30% of total sales, compared to 55% in 2020, suggesting **a reduced supply in this segment. Regional Sales Hotspots – Over 75% of housing sales were concentrated in Pune North West (Hinjawadi – Mahalunge), Pune North East (Kharadi – Wagholi), and Pune North (Pimpri-Chinchwad). Southwest Pune Growth – The Kothrud-Bavdhan region witnessed a 55% rise in the average value of units sold between CY2020 and CY2024. Property Value Appreciation – Pune’s average home value has risen by 44% in the last five years, driven by larger unit sizes and higher input costs. Industry Leaders Weigh In Mr. Ranjit Naiknavare, President, CREDAI Pune Metro, stated: “Over the past five years, we have seen a remarkable 56% rise in sales volumes, positioning Pune as India’s highest-selling real estate market. The total sales value has doubled, contributing significantly to government revenues. The most striking trend is the **5X increase in sales of homes priced above ₹1 crore, reflecting Pune’s evolution into a premium housing market.” Mr. Abhishek Kiran Gupta, CEO, CRE Matrix, emphasized: “Pune’s housing market is undergoing a transformation, with homebuyers opting for larger, more spacious properties. Our report highlights that **units priced between ₹1 crore and ₹2 crore have witnessed the highest growth in value, showing strong buyer confidence and an evolving premium housing segment.” Market Challenges & Future Outlook During the event, Mr. Rahul Ajmera presented insights on ‘Real Estate Trends & Analysis’, noting that new project launches in Pune have declined by 25% due to delays in approvals, land acquisition issues, and regulatory constraints. This has limited homebuyer options and intensified competition among developers. Despite these challenges, Pune’s real estate market is poised for sustained expansion with rising industrial growth, infrastructure development, and increasing migration trends. The demand for premium housing is expected to strengthen Pune’s reputation as India’s most dynamic real estate destination. About CREDAI Pune Metro Established in 1982, CREDAI Pune Metro represents over 2,000 member developers, working to support and shape the real estate sector through policy advocacy, training, and industry workshops. The association remains at the forefront of providing market insights and regulatory updates to its members. Media Contact: Devendra Nazare | +91 9764770840 | [email protected]

Navi Mumbai, 27th Feb, 2025 – Blackstone Group, the world’s largest alternative asset manager, in partnership with leading real estate developer Panchshil Realty, is set to develop India’s largest hyperscale data center in Navi Mumbai. The project, with an estimated capacity of 500 MW and an investment exceeding Rs 20,000 crore, marks a significant milestone in India’s digital infrastructure landscape. This state-of-the-art hyperscale data center will be powered by up to 65% green and renewable energy, making it the first of its kind in the country to prioritize sustainability at this scale. Spanning over 3 million sq. ft. across 14 buildings, the development will cater to the growing demand for high-performance computing, cloud services, artificial intelligence, and data-intensive applications. The investment is Blackstone’s first Foreign Direct Investment (FDI) following its recent agreements with the Government of Maharashtra at the World Economic Forum in Davos. As part of this expansion, Panchshil Realty’s subsidiary, Gramercy Info Park, has acquired a nearly 50-acre land parcel adjacent to Reliance Corporate Park in Ghansoli, Navi Mumbai, for Rs 900 crore. The proposed facility will be built-to-suit for leading hyperscaler companies and is set to become a key hub for digital transformation in India. Blackstone is already developing two data centers in Navi Mumbai under its Lumina CloudInfra brand, each with an investment of over $300 million, adding up to 60 MW of capacity. The new hyperscale data center will further strengthen Blackstone’s presence in India’s data center ecosystem. Blackstone has been a leading investor in India with over $50 billion in assets under management since its entry into the country, with Maharashtra accounting for nearly 40% of these investments. The firm has invested over $20 billion in Indian real estate across major cities, making it the largest office owner in the country with a portfolio of 135 million sq. ft. This landmark project underscores Blackstone’s commitment to advancing India’s digital infrastructure and supporting the nation’s rapid technological growth.

Mumbai, 24 February 2025: Grand Kausa City in Mumbra has witnessed a staggering response, selling over 1,050 apartments within just 18 days since its launch on January 29, 2025. The project, marketed by The Guardians Real Estate Advisory and developed by Yes Central, has recorded a remarkable sales turnover of ₹430 crore, reaffirming Mumbra’s potential as a high-growth real estate destination. The overwhelming demand has been driven by post-budget economic optimism, attractive home loan policies, and rapid infrastructure developments, making real estate a preferred investment choice. A new benchmark has been set in real estate sales by The Guardians Real Estate Advisory. Grand Kausa City, spans 6,48,323 sq. ft. and has captivated homebuyers with its strategic location, competitive pricing, and exclusive 1% payment plan. The project’s pre-launch efforts saw over 1,500 applications, reflecting strong buyer confidence and the increasing appeal of well-planned developments in emerging micro-markets. A key factor in this success has been The Guardians’ aggressive 360-degree marketing campaign, designed to maximise visibility and engagement. To enhance its market positioning, the project was packaged as Grand Kausa City, and a 25,000-square-foot Dubai-themed experience centre was built to offer potential buyers an immersive preview. Through a wide media mix, including advertisements at 15+ railway stations, 40+ billboards, 80+ bus shelters, branding in 20+ restaurants, over 1,000 branded auto-rickshaws, and distribution of more than 10 lakh leaflets, high visibility was ensured. The project was further enhanced by the appointment of Indian cricket legend Irfan Pathan as its brand ambassador, lending credibility and aspirational value. Beyond traditional marketing, The Guardians leveraged community engagement and digital influence to drive excitement around the project. Mushaira (Urdu poetry recitals) attracted over 20,000 attendees, while sponsorships of local cricket tournaments and a specially composed project rap song further strengthened the project’s cultural connection. On the digital front, collaborations with 30+ influencers generated over 4.3 million views, while the campaign recorded a 1.4 lakh Instagram reach in just 15 days and 10,000+ digital leads from India and the UAE. Located on 24 acres, Grand Kausa City features iconic 33-storey residential towers with luxury 1 and 2-bedroom balcony homes that offer stunning hill and river views. With over 50 lifestyle amenities, the project features a beautifully landscaped podium garden, a 3-level clubhouse with premium facilities, a school, four peaceful prayer halls, a sprawling 4-acre cricket pitch, and a modern shopping centre. A strategic location close to Mumbra Station and an exclusive TMC bus depot make this project even more appealing. Commenting on this record-breaking achievement, Ram Naik, Co-founder & CEO, The Guardians Real Estate Advisory, said, “The phenomenal response to Grand Kausa City showcases our expertise in real estate sales and marketing. Our strategic approach, backed by beneficial economic reforms, has not only unlocked immense value for homebuyers but has also set new industry benchmarks.” Jayesh Rathod, Co-founder & Director, The Guardians Real Estate Advisory, added, “Our marketing innovations and data-driven approach have played a crucial role in this success. Grand Kausa City has emerged as a landmark development, proving the potential of emerging micro-markets and the evolving preferences of homebuyers.” Having completed 50+ projects, delivered 2.5 million sq.ft., and constructed 7 million sq.ft., Yes Central continues to shape the real estate landscape, offering innovative and customer-centric developments. As a result of favourable economic reforms and innovative marketing strategies, Grand Kausa City has attracted an outstanding response from homebuyers. The Guardians Real Estate Advisory has once again succeeded in confirming its position as a market leader in India’s real estate market.