Tuesday, June 10, 2025

Mumbai News

NTT Data Bolsters Global Data Center Network with Strategic Mumbai Acquisition from Jeetendra Kapoor and Family-Owned Firms

MUMBAI, INDIA – June 9, 2025 – NTT Global Data Centers & Cloud Infrastructure India has completed a significant acquisition in Mumbai, securing two land parcels totaling 9,664.68 square...

Special Court Closes Rs 30,000 Crore Powai Land Scam Case, Developer Hiranandani Cleared

Mumbai, India – After years of intense scrutiny and legal battles, a special court in Mumbai has brought to a close the criminal proceedings...

Tesla Expands Mumbai Footprint with New Service Center, Yet Manufacturing Commitments Remain Elusive

MUMBAI, India – June 4, 2025 – Electric vehicle (EV) titan Tesla is solidifying its operational presence in India, recently securing a significant 24,565...

Dharavi Redevelopment Master Plan Approved Amidst Cheers and Concerns

MUMBAI, May 31, 2025 – Maharashtra Chief Minister Devendra Fadnavis has officially approved the Dharavi Redevelopment master plan, a move that promises to transform...

Mumbai’s Luxury Real Estate Soars: USV Chairperson Leena Gandhi Tewari Acquires Worli Duplexes for ₹639 Crore, Setting New Benchmark

Mumbai, India - The city's reputation as India's most expensive and dynamic real estate market continues to be solidified, with yet another record-breaking transaction....

AU Small Finance Bank Snaps Up Prime Mumbai Commercial Tower for ₹371 Crore in Landmark Deal

Mumbai, India – In a significant move underscoring its expansionary vision, Jaipur-headquartered AU Small Finance Bank has acquired an entire commercial tower on the...

ED Raids Jaypee Infratech, Associates; Seizes ₹1.70 Crore Cash in Alleged ₹12,000 Crore Homebuyer Fraud Case

New Delhi/Mumbai: The Enforcement Directorate (ED) has intensified its crackdown on alleged financial irregularities, conducting extensive raids against Jaypee Infratech Ltd (JIL), its parent...

Office Space Rents Skyrocket: Top Six Indian Cities See Average 18% Hike in Three Years

NEW DELHI – India's commercial real estate market is witnessing a significant upswing, with the top six cities recording an average rental growth of...

CBI Launches Sweeping Probe into Real Estate Subvention Scheme, Thousands of Homebuyers Potentially Defrauded.

NOIDA, India – The Central Bureau of Investigation (CBI) has initiated a wide-ranging probe into 24 real estate projects across Noida, Greater Noida, and...

MahaRERA Cracks Down: Nearly 19,000 Property Brokers De-registered in Major Compliance Push

MUMBAI, Maharashtra – May 24, 2025 – In a sweeping move aimed at bolstering transparency and professionalism within the state's burgeoning real estate sector,...

Macrotech Developers Eyes Expansion into Delhi-NCR Residential Market

Macrotech Developers, the Mumbai-based real estate firm renowned for its 'Lodha' brand, is actively exploring opportunities to enter the Delhi-NCR residential market. The company...