Mumbai Property News

Arkade Developers Ltd is preparing for its initial public offering (IPO), setting a price band of Rs 121-128 per share. This IPO aims to raise a total of Rs 410 crore and will be open for public subscription from September 16 to September 19. The company has a significant footprint in the Mumbai

The Raymond Group is gearing up to list its real estate vertical by July or August 2025, as part of a strategic demerger that will result in three independent listed entities: Real Estate, Lifestyle, and Engineering. This move is aimed at enhancing governance and growth strategies for each segmen

Bajaj Housing Finance's initial public offering (IPO) has garnered significant attention, achieving full subscription within hours of its opening on September 9. The IPO, valued at Rs 6,560 crore, received bids for 73.02 crore shares, surpassing the 72.75 crore shares available for subscription.

Puravankara has taken a significant step towards enhancing its financial stability by approving a fundraising initiative of up to Rs 1,000 crore through qualified institutional placement (QIP). This strategic move is aimed at supporting both ongoing and future projects, as outlined in a recent fi

Sobha Limited has taken a significant step in its financial strategy by announcing a rights issue aimed at raising up to Rs 2,000 crore. This move, approved by the company's Board of Directors, is designed to bolster the company's capital base to support its growth and development initiatives.</p

Kolte-Patil Developers has announced a significant leadership transition with the resignation of Group Chief Executive Officer (CEO) Rahul Talele. He is stepping down to pursue new professional opportunities but will remain with the company in a non-key managerial role until August 31, 2024, to f

Pirojsha Godrej has played a significant role in transforming the real estate landscape through his leadership at Godrej Properties. Stepping into the role of executive director in 2008, he faced the challenges posed by the global financial crisis, which had left the Indian real estate sector gra

Venkata Narayana K, the chief executive officer of Prestige Estates Projects, has announced his resignation to focus on personal endeavors. His departure marks a significant transition for the company, which is recognized as one of the leading real estate developers in India. Background

In the current Mumbai real estate landscape, potential homebuyers are advised to carefully consider their financial situation before making a purchase. The high property prices in the city pose significant challenges for many individuals, making renting a more viable option for those who cannot a

Purchasing real estate from top developers in Mumbai offers numerous advantages that can enhance both the living experience and investment potential for buyers. These benefits range from superior construction quality to the security and reputation associated with established brands. Qual

Amidst the shadows of skepticism, a new name emerges in the Mumbai real estate scene. Man Infraconstruction, a contractor-turned-developer, is embarking on a daring project - building India's tallest building. This 312-meter, 81-floor marvel promises to reshape the city's skyline and rewr

The Hiranandani Group has recently launched Eleva, a new venture aimed at revitalizing stalled or stressed real estate projects across India. This initiative focuses on a consultant service-led business model that does not require fresh investments, positioning itself to offer a comprehensive sui