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BOLLYWOOD STAR JOHN ABRAHAM ACQUIRES PRIME BUNGALOW IN MUMBAI FOR RS 70.83 CRORE January 3, 2024 MUMBAI, INDIA — Bollywood heartthrob John Abraham has added a luxurious touch to his real estate portfolio with the recent acquisition of a sprawling bungalow in the upscale Khar Credit area of Mumbai. The property, spanning 5,416 sqft, along with the accompanying land measuring 7,722 sqft, was secured for a staggering sum of Rs 70.83 crore. The purchase was officially registered on December 27, 2023, with Mr. Abraham paying a stamp duty of Rs 4.24 crore. Situated on Khar’s famed Linking Road, one of Mumbai’s premier retail high streets, the newly acquired bungalow places Mr. Abraham in the midst of vibrant surroundings, including renowned educational institutions. In a city where vertical living is the norm due to space constraints, Mr. Abraham’s choice of a horizontal property sets him apart in the Bollywood fraternity, where high-rise apartments are the more common choice among contemporary stars. Commenting on the purchase, Mr. Abraham’s spokesperson stated, “John Abraham is thrilled to call this prestigious property his new home. The unique charm of the Khar area, coupled with the convenience of Linking Road, made it an irresistible choice for him. The actor looks forward to creating lasting memories in his new abode.” As one of the most sought-after residential areas in Mumbai, Khar boasts a per square foot price range of Rs 40,000 to 90,000, varying based on the specific location and property grade, as confirmed by local real estate experts.

Pune Secures Second Safest City Title in India: NCRB Report Pune has emerged as the second safest city in India, according to the latest findings from the National Crime Record Bureau (NCRB). Surpassing many counterparts, the city clinched the high ranking in safety, trailing only behind Kolkata, which retained its position at the top. The city’s ascent to this safety position amidst daily occurrences of various crimes has raised eyebrows, prompting questions about the recording or prevalence of crimes in other regions. Despite this, Pune has consistently maintained one of the lowest recorded crime rates across the country, as outlined in the recent NCRB report. In efforts to enhance safety, Pune introduced innovative measures that notably improved the security and protection of its residents, particularly women. Initiatives such as the ‘All Women Damini Squad’ aimed at safeguarding women, including those in educational institutions, while ‘Operation All Out’ by the criminal branch focused on preventing crimes and ensuring women’s safety in public spaces, streets, and homes. The city’s emphasis on safety encompasses various aspects, including robust infrastructure, efficient transportation, and vigilant security services. Pune’s cosmopolitan nature fosters diversity and acceptance, with a populace known for its hospitality and willingness to assist those in need, especially women. With a bustling nightlife and an influx of people from diverse backgrounds, Pune also serves as a base for the military, further contributing to a sense of security for its inhabitants. Moreover, Pune’s reputation as an educational hub attracts women from across the country, offering top-tier institutions and accommodations tailored to their needs. The city’s well-developed transportation infrastructure, comprising a mix of public and private modes, ensures convenient and safe commuting, with a strong emphasis on respecting female passengers. Acknowledging the paramount importance of women’s safety, the Pune police have taken proactive steps, including the launch of a dedicated helpline for women and senior citizens in distress. Women-only buses and train compartments have been introduced, underscoring the city’s commitment to prioritizing safety for all its residents. As Pune continues to evolve and grow, its focus on safety measures, coupled with its inclusive environment and proactive law enforcement, solidifies its position as one of India’s safest cities, offering its residents a secure and conducive living environment making Pune a standout city in terms of safety in the country. ~ By Manish Khadilkar, Co-Founder & Mentor  

Mumbai,November 30th 2023 In a significant real estate development, Bollywood star and entrepreneur Preity Zinta has secured a luxurious residential apartment in Mumbai’s upscale Pali Hill area. The transaction, totaling a whopping Rs 17 crore, was finalized on the 11th floor of the ongoing Rustomjee Parishram tower. The per sq ft cost stands at an impressive Rs 1.15 lakh, considering the carpet area of 1,474 sq ft. Zinta’s new property not only includes the exclusive 90 sq ft additional space but also comes with two parking slots, adding to the opulence of the acquisition. The deal, completed on Monday, involved a substantial stamp duty payment exceeding Rs 85 lakh, according to documents sourced from Indextap(dot)com. Notably, the property was directly purchased from the Rustomjee Group’s listed entity, Keystone Realtors. The ongoing Rustomjee Parishram tower project, a redevelopment initiative spanning almost half an acre, boasts 22 stories, with 17 habitable floors. Preity Zinta’s latest real estate move further cements her presence in the high-profile landscape of Mumbai’s elite residential offerings.  

*Mumbai, November 30th 2023- Renowned Bollywood actor Ranveer Singh has successfully sold two apartments in the upscale Goregaon area of Mumbai, reaping a significant profit. The properties, originally purchased for 4.64 crore each in 2014, fetched an impressive 15.25 crore in the recent transaction. Located in the luxurious Oberoi Exquisite complex, each 1,324 square feet apartment comes with six parking spots. The deal, finalized on November 6, saw Singh selling one of the flats to a fellow resident within the same high-end housing complex.  

Sneha Niwate Bengaluru, 9th August 2023: In a significant development within the real estate landscape of Bengaluru, two prominent players have entered into a strategic agreement. CTRLS Data Centers Ltd, a leading data center operator, has joined hands with Intel Technology India Pvt Ltd, a global technology giant, for a high-value lease agreement. The agreement entails the licensing of two prime properties situated within the Bengaluru DC1 Building, located in the bustling area of Veer Sandra, Electronic City. The license, which spans a period of 36 months, establishes a firm commitment between the parties involved. The first property, situated on the 1st Floor, boasts an area of 2,500 square feet. Intel Technology India Pvt Ltd will be paying a monthly rent of Ra 11,25,000, translating to Rs 450 per square foot. The second property, an expansive space located on the 7th Floor, spans an impressive 9,036 square feet. The monthly rental for this space has been set at Rs 36,14,400, at a rate of Rs 400 per square foot. The license comes with specific terms, including a lock-in period of 36 months for CTRLS Data Centers Ltd and 12 months for Intel Technology India Pvt Ltd. The license commencement date has been fixed as June 1, 2023. Notably, a partial area of 2,940 square feet on the 7th floor will have its rent commence from October 1, 2023. This collaboration is expected to have a far-reaching impact on the real estate and technology sectors.