<p>A Milestone Month for Hyderabad’s Property Market</p>
<p>May 2025 marked a significant milestone for Hyderabad’s real estate market, as the city recorded 6,177 residential property registrations—a 2% year-on-year increase—with a total value of <b>₹4,302 crore</b>, up by an impressive 14% from the previous year. This surge in value, paired with a 4% month-on-month growth, signals a robust revival in the city’s housing sector, according to a report by <a href="https://www.knightfrank.co.in/" target="_blank">Knight Frank India.</a></p>
<h2>The Rise of Premium Living</h2>
<p>The standout story of the month was the remarkable 37% year-on-year jump in registrations for homes priced above ₹1 crore, which reached 1,180 units. These high-value transactions, worth <b>₹2,121 crore</b>, now account for 19% of all registrations—up from 14% in May 2024. Despite representing a smaller share of total units, premium homes contributed a commanding 49% of the overall transaction value, underscoring the city’s growing appetite for luxury living.</p>
<h2>Market Dynamics: A Shift in Buyer Preferences</h2>
<p>While the affordable and mid-range segments still dominate in volume—homes below ₹50 lakh and those between ₹50 lakh and <b>₹1 crore</b> made up 55% and 26% of total transactions, respectively—their share has declined. In contrast, the premium segment’s meteoric rise highlights a clear shift in buyer priorities, with aspirational living spaces gaining traction.</p>
<h2>Size and Location Trends: Where Hyderabad is Investing</h2>
<p>Most registered properties in May 2025 fell within the 1,000 to 2,000 sq ft range, accounting for 67% of all sales. Larger homes, those exceeding 2,000 sq ft, saw their share rise to 18%—up from 16% the previous year. The top five deals of the month involved properties valued above <b>₹6 crore</b>, each exceeding 3,000 sq ft, with four located in West Hyderabad and one in Central Hyderabad.</p>
<h2>District-Level Highlights: Where Growth is Strongest</h2>
<p>Hyderabad’s real estate market spans four key districts: Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy. The weighted average price of transacted properties rose by 10% year-on-year, with Sangareddy and Rangareddy leading the charge at 21% and 12% price appreciation, respectively.</p>
<h2>A Vision for the Future</h2>
<p>Hyderabad’s real estate landscape is evolving, driven by a blend of strong demand for premium properties and a resilient market structure. The city’s ability to attract high-value investments while maintaining a diverse range of housing options positions it as a dynamic hub for both investors and homebuyers.</p>

A Milestone Month for Hyderabads Property Market May 2025 marked a significant milestone for Hyderabads real estate market as the city recorded 6177 residential property registrations a 2 yearonyear increase with a total value of ₹4302 crore up by an impressive 14 from the previous year This surge in value paired with a 4 monthonmonth growth signals a robust revival in the citys housing sector according to a report by Knight Frank India The Rise of Premium Living The standout story of the month was the remarkable 37 yearonyear jump in registrations for homes priced above ₹1 crore which reached 1180 units These highvalue transactions worth ₹2121 crore now account for 19 of all registrations up from 14 in May 2024 Despite representing a smaller share of total units premium homes contributed a commanding 49 of the overall transaction value underscoring the citys growing appetite for luxury living Market Dynamics A Shift in Buyer Preferences While the affordable and midrange segments still dominate in volume homes below ₹50 lakh and those between ₹50 lakh and ₹1 crore made up 55 and 26 of total transactions respectively their share has declined In contrast the premium segments meteoric rise highlights a clear shift in buyer priorities with aspirational living spaces gaining traction Size and Location Trends Where Hyderabad is Investing Most registered properties in May 2025 fell within the 1000 to 2000 sq ft range accounting for 67 of all sales Larger homes those exceeding 2000 sq ft saw their share rise to 18 up from 16 the previous year The top five deals of the month involved properties valued above ₹6 crore each exceeding 3000 sq ft with four located in West Hyderabad and one in Central Hyderabad DistrictLevel Highlights Where Growth is Strongest Hyderabads real estate market spans four key districts Hyderabad MedchalMalkajgiri Rangareddy and Sangareddy The weighted average price of transacted properties rose by 10 yearonyear with Sangareddy and Rangareddy leading the charge at 21 and 12 price appreciation respectively A Vision for the Future Hyderabads real estate landscape is evolving driven by a blend of strong demand for premium properties and a resilient market structure The citys ability to attract highvalue investments while maintaining a diverse range of housing options positions it as a dynamic hub for both investors and homebuyers

Hyderabad records ₹4,302 crore in May property sales, led by 37% YoY surge in luxury home registrations.

Hyderabad Real Estate: Premium Homes Fuel Record Registrations

<p>A Landmark Opportunity for Urban Regeneration</p>
<p>In the heart of South Mumbai, a historic chapter is about to turn. The <a href="https://www.mhada.gov.in/en" target="_blank">Maharashtra Housing and Area Development Authority</a> (MHADA), through its <a href="https://www.mhada.gov.in/en/e-mitra/mumbai-building-repair-and-reconstruction-board" target="_blank">Mumbai Building Repairs and Reconstruction Board</a> (MBRRB), has invited bids for the ambitious redevelopment of Kamathipura—a storied 34-acre neighborhood long known as the city’s historic red-light district. This landmark initiative, spanning approximately 73,145 square meters of net plot area, promises to reshape not just the skyline but the lives of its residents.</p>
<h2>A Community in Transition: The Project’s Scope</h2>
<p>The Kamathipura cluster is home to 943 aging cess buildings, many of which are nearly a century old. These structures house 8,001 residents—6,625 residential tenants and 1,376 non-residential occupants—alongside about 800 landowners. The redevelopment project, guided by the Maharashtra government’s January 2023 resolution and the DCPR 2034’s Regulation 33(9), will unlock 44,000 square meters of land and grant developers an impressive 5.67 lakh square meters of development rights. The vision: to construct around 4,500 new housing units, breathing fresh life into this historic urban village.</p>
<h2>A Vision of Inclusive Redevelopment</h2>
<p>The Kamathipura Cluster Redevelopment Project—Urban Village—is more than just bricks and mortar. It is a commitment to providing larger, safer homes for current residents, coupled with upgraded infrastructure, vibrant commercial spaces, and inviting recreational areas. The project aims to preserve the community’s spirit while offering a modern, dignified standard of living.</p>
<h2>Fair Compensation: Rewriting the Future for Landowners</h2>
<p>Under the project’s compensation plan, landowners will receive new housing units based on the size of their plots:</p>
<p>Up to 50 sq m: One 500 sq ft unit</p>
<p>51–100 sq m: Two units</p>
<p>101–150 sq m: Three units</p>
<p>151–200 sq m: Four units</p>
<p>Every additional 50 sq m beyond 200 sq m: One extra 500 sq ft unit</p>
<p>This equitable approach ensures that every stakeholder has a meaningful stake in the neighborhood’s revival.</p>
<h2>A New Chapter for Mumbai’s Heritage</h2>
<p>The Kamathipura redevelopment is a milestone in Mumbai’s urban evolution, offering a blueprint for how historic districts can be revitalized while respecting their legacy. By blending heritage with modernity, the project promises to set a new standard for inclusive, community-driven urban transformation.</p>

A Landmark Opportunity for Urban Regeneration In the heart of South Mumbai a historic chapter is about to turn The Maharashtra Housing and Area Development Authority MHADA through its Mumbai Building Repairs and Reconstruction Board MBRRB has invited bids for the ambitious redevelopment of Kamathipura a storied 34 acre neighborhood long known as the citys historic red light district This landmark initiative spanning approximately 73145 square meters of net plot area promises to reshape not just the skyline but the lives of its residents A Community in Transition The Projects Scope The Kamathipura cluster is home to 943 aging cess buildings many of which are nearly a century old These structures house 8001 residents 6625 residential tenants and 1376 non residential occupants alongside about 800 landowners The redevelopment project guided by the Maharashtra governments January 2023 resolution and the DCPR 2034s Regulation 339 will unlock 44000 square meters of land and grant developers an impressive 567 lakh square meters of development rights The vision to construct around 4500 new housing units breathing fresh life into this historic urban village A Vision of Inclusive Redevelopment The Kamathipura Cluster Redevelopment Project Urban Village is more than just bricks and mortar It is a commitment to providing larger safer homes for current residents coupled with upgraded infrastructure vibrant commercial spaces and inviting recreational areas The project aims to preserve the communitys spirit while offering a modern dignified standard of living Fair Compensation Rewriting the Future for Landowners Under the projects compensation plan landowners will receive new housing units based on the size of their plots Up to 50 sq m One 500 sq ft unit 51100 sq m Two units 101150 sq m Three units 151200 sq m Four units Every additional 50 sq m beyond 200 sq m One extra 500 sq ft unit This equitable approach ensures that every stakeholder has a meaningful stake in the neighborhoods revival A New Chapter for Mumbais Heritage The Kamathipura redevelopment is a milestone in Mumbais urban evolution offering a blueprint for how historic districts can be revitalized while respecting their legacy By blending heritage with modernity the project promises to set a new standard for inclusive community driven urban transformation

MHADA invites bids to redevelop 34-acre Kamathipura, promising modern homes and upgraded infrastructure for 8,000+ residents

Kamathipura’s Transformation: Mumbai’s Historic Heart Awaits Renewal

<p>A HighProfile Transaction in Mumbais Thriving Market</p>
<p>Bollywoods beloved fatherson duo <b>Hrithik Roshan</b> and <b>Rakesh Roshan</b> have made headlines with the sale of three residential apartments in Mumbais bustling Andheri West Collectively fetching <b>₹675 crore</b> these transactions underscore the enduring allure of Andheri as a prime real estate destination for both celebrities and discerning buyers</p>
<h2>Unveiling the Deals Details of the Transactions</h2>
<p>The trio of sales took place in May 2025 with each property offering a unique value proposition In the first transaction Rakesh Roshan sold a spacious 1025 sq ft apartment in Veejays Niwas CHS Limited along with two parking spaces to Sonali Ajmera for <b>₹375 crore</b> The deal registered on May 25 involved a stamp duty payment of ₹1875 lakh and registration charges of ₹30000</p>
<p>The second transaction saw Rakesh Roshan part with a 625 sq ft apartment in Raheja Classique Andheri West for <b>₹220 crore</b> The buyersJeevan Bhavanani Shilpa Wadhwani and Gaurav Wadhwanisealed the deal on May 17 with a stamp duty of ₹1320 lakh and registration charges of ₹30000</p>
<p>In the third and final transaction Hrithik Roshan sold a 240 sq ft apartment in the same Raheja Classique building to the same buyers for ₹80 lakh This sale also registered on May 17 included a stamp duty of ₹480 lakh and registration charges of ₹30000</p>
<h2>Andheri West A Magnet for Talent and Investment</h2>
<p>Andheri West stands out as a key real estate market in Mumbai celebrated for its seamless connectivity via road rail and metro Its strategic location near Chhatrapati Shivaji Maharaj International Airport and major business districts like Bandra Kurla Complex BKC SEEPZ and Lower Parel makes it a magnet for professionals and businesses alike This proximity fuels robust demand for both residential and commercial properties ensuring a vibrant and dynamic market</p>
<h2>A Glimpse into Hrithik Roshan’s Real Estate Portfolio</h2>
<p>Hrithik Roshans real estate acumen extends beyond Andheri In January 2025 he leased a 2727 sq ft commercial space in Goregaon for a monthly rent of ₹562 lakh In February he renewed the rental agreement for a 9209 sq ft commercial property in Punes Kharadi area commanding a monthly rent of ₹608 lakh These deals highlight his strategic approach to real estate investment balancing residential and commercial holdings across Mumbai and Pune</p>
<h2>A Vision for the Future</h2>
<p>The Roshan familys recent transactions are more than just property salesthey reflect a deep understanding of Mumbais evolving real estate landscape By capitalizing on Andheris strategic advantages and their own star power Hrithik and Rakesh Roshan continue to set benchmarks in luxury real estate inspiring both fans and investors to seek value connectivity and prestige in their property choices</p>

A HighProfile Transaction in Mumbais Thriving Market Bollywoods beloved fatherson duo Hrithik Roshan and Rakesh Roshan have made headlines with the sale of three residential apartments in Mumbais bustling Andheri West Collectively fetching ₹675 crore these transactions underscore the enduring allure of Andheri as a prime real estate destination for both celebrities and discerning buyers Unveiling the Deals Details of the Transactions The trio of sales took place in May 2025 with each property offering a unique value proposition In the first transaction Rakesh Roshan sold a spacious 1025 sq ft apartment in Veejays Niwas CHS Limited along with two parking spaces to Sonali Ajmera for ₹375 crore The deal registered on May 25 involved a stamp duty payment of ₹1875 lakh and registration charges of ₹30000 The second transaction saw Rakesh Roshan part with a 625 sq ft apartment in Raheja Classique Andheri West for ₹220 crore The buyersJeevan Bhavanani Shilpa Wadhwani and Gaurav Wadhwanisealed the deal on May 17 with a stamp duty of ₹1320 lakh and registration charges of ₹30000 In the third and final transaction Hrithik Roshan sold a 240 sq ft apartment in the same Raheja Classique building to the same buyers for ₹80 lakh This sale also registered on May 17 included a stamp duty of ₹480 lakh and registration charges of ₹30000 Andheri West A Magnet for Talent and Investment Andheri West stands out as a key real estate market in Mumbai celebrated for its seamless connectivity via road rail and metro Its strategic location near Chhatrapati Shivaji Maharaj International Airport and major business districts like Bandra Kurla Complex BKC SEEPZ and Lower Parel makes it a magnet for professionals and businesses alike This proximity fuels robust demand for both residential and commercial properties ensuring a vibrant and dynamic market A Glimpse into Hrithik Roshans Real Estate Portfolio Hrithik Roshans real estate acumen extends beyond Andheri In January 2025 he leased a 2727 sq ft commercial space in Goregaon for a monthly rent of ₹562 lakh In February he renewed the rental agreement for a 9209 sq ft commercial property in Punes Kharadi area commanding a monthly rent of ₹608 lakh These deals highlight his strategic approach to real estate investment balancing residential and commercial holdings across Mumbai and Pune A Vision for the Future The Roshan familys recent transactions are more than just property salesthey reflect a deep understanding of Mumbais evolving real estate landscape By capitalizing on Andheris strategic advantages and their own star power Hrithik and Rakesh Roshan continue to set benchmarks in luxury real estate inspiring both fans and investors to seek value connectivity and prestige in their property choices

Hrithik and Rakesh Roshan sell three Andheri apartments for ₹6.75 crore, highlighting Mumbai’s luxury real estate market.

Roshan Family’s Andheri Real Estate: A Star-Studded Sale

<p>A New Dawn for Purposeful Living</p>
<p>In a world where life moves at breakneck speed, a growing number of people are seeking deeper meaning, well-being, and a stronger connection to nature. The launch of Vedic City in Gurgaon on May 26th at <a href="https://www.hyatt.com/" target="_blank">Hyatt Regency</a> was not just another real estate event—it was an invitation to live differently, to embrace a lifestyle rooted in mindfulness, sustainability, and timeless Vedic principles.</p>
<h2>An Immersive Experience: Beyond Bricks and Mortar</h2>
<p>From the moment guests entered the venue, they were transported into an atmosphere of minimalist elegance and natural harmony. The carefully curated setting reflected the project’s core ethos: a commitment to wellness, intentionality, and living in sync with nature. Vedic City is designed as a self-sustaining township, where hundreds of acres are master-planned around forest-inspired layouts, wellness zones, and sustainable ecosystems, all inspired by the wisdom of Vedic living.</p>
<h2>Curating a Way of Life</h2>
<p><b>Mr. Narang</b>, the visionary behind Vedic City, spoke not as a conventional developer, but as a curator of lifestyle transformation. He painted a vivid picture of a community where wellness is seamlessly integrated into daily life, where every aspect—from architecture to daily routines—is designed to nurture health, happiness, and harmony.</p>
<h2>Milind Soman: A Voice of Authenticity</h2>
<p><b>Milind Soman</b>, renowned for his dedication to fitness and conscious living, lent his voice and presence as the brand ambassador of Vedic City. <i>“It is honest. It is built on real values, health, sustainability, and living well,”</i> he shared. His authentic endorsement resonated deeply, reinforcing the project’s commitment to genuine, values-driven living.</p>
<h2>A Gathering of Visionaries</h2>
<p>The launch event brought together a diverse group of investors, wellness professionals, urban planners, designers, and artists. Each found common ground in the idea of creating not just homes, but a better rhythm of life. The evening reached an emotional crescendo with a soul-stirring performance by the legendary Gurdas Maan, whose music celebrated rootedness, connection, and timeless traditions.</p>
<h2>Beyond a Project: A Movement for Meaningful Living</h2>
<p>As the night transitioned into thoughtful conversations over dinner, a reflective energy filled the room. Vedic City had sparked a deeper dialogue about life, sustainability, and purpose. The project was introduced not with fanfare, but with intent—inviting guests to consider not what they want to own, but how they want to live.</p>
<h2>A Vision for the Future</h2>
<p>Vedic City stands as a beacon for those seeking a more intentional, connected, and sustainable way of life. It is more than a real estate project; it is a movement to redefine modern living, blending ancient wisdom with contemporary innovation.</p>

A New Dawn for Purposeful Living In a world where life moves at breakneck speed a growing number of people are seeking deeper meaning wellbeing and a stronger connection to nature The launch of Vedic City in Gurgaon on May 26th at Hyatt Regency was not just another real estate eventit was an invitation to live differently to embrace a lifestyle rooted in mindfulness sustainability and timeless Vedic principles An Immersive Experience Beyond Bricks and Mortar From the moment guests entered the venue they were transported into an atmosphere of minimalist elegance and natural harmony The carefully curated setting reflected the projects core ethos a commitment to wellness intentionality and living in sync with nature Vedic City is designed as a selfsustaining township where hundreds of acres are masterplanned around forestinspired layouts wellness zones and sustainable ecosystems all inspired by the wisdom of Vedic living Curating a Way of Life Mr Narang the visionary behind Vedic City spoke not as a conventional developer but as a curator of lifestyle transformation He painted a vivid picture of a community where wellness is seamlessly integrated into daily life where every aspectfrom architecture to daily routinesis designed to nurture health happiness and harmony Milind Soman A Voice of Authenticity Milind Soman renowned for his dedication to fitness and conscious living lent his voice and presence as the brand ambassador of Vedic City It is honest It is built on real values health sustainability and living well he shared His authentic endorsement resonated deeply reinforcing the projects commitment to genuine valuesdriven living A Gathering of Visionaries The launch event brought together a diverse group of investors wellness professionals urban planners designers and artists Each found common ground in the idea of creating not just homes but a better rhythm of life The evening reached an emotional crescendo with a soulstirring performance by the legendary Gurdas Maan whose music celebrated rootedness connection and timeless traditions Beyond a Project A Movement for Meaningful Living As the night transitioned into thoughtful conversations over dinner a reflective energy filled the room Vedic City had sparked a deeper dialogue about life sustainability and purpose The project was introduced not with fanfare but with intentinviting guests to consider not what they want to own but how they want to live A Vision for the Future Vedic City stands as a beacon for those seeking a more intentional connected and sustainable way of life It is more than a real estate project it is a movement to redefine modern living blending ancient wisdom with contemporary innovation

Vedic City Gurgaon launches as a mindful, sustainable township inspired by Vedic wisdom and modern wellness principles.

Vedic City Gurgaon: Redefining Modern Living with Ancient Wisdom

<p>A Star’s Strategic Investment in Mumbai’s Celebrity Heartland</p>
<p>Bollywood star and astute investor <b>John Abraham</b> has once again demonstrated his keen eye for premium real estate, leasing three luxury apartments in Mumbai’s iconic Bandra neighborhood. Located within the prestigious Sea Glimpse Co-operative Housing Society at Bandstand, these properties are emblematic of Bandra’s status as the city’s most coveted address for high-net-worth individuals and celebrities.</p>
<h2>A Lucrative Lease: Setting New Rental Benchmarks</h2>
<p>On May 29, John Abraham formalized a five-year lease agreement for his three Bandra apartments. The deal, registered with a stamp duty of approximately ₹1.12 lakh and a registration charge of ₹1,000, also includes a substantial security deposit of ₹36 lakh. The cumulative monthly rent for all three units starts at ₹6.30 lakh for the first four years, escalating to ₹8 lakh in the final year. Over the full term, the total rental value is estimated at nearly <b>₹4.3 crore</b>—a testament to the enduring allure and investment potential of Bandra’s real estate market.</p>
<p>The lease features a structured rent escalation: close to 8% annually for the first two years and around 5% for the final two years, ensuring robust returns for the actor. The apartments have been rented to Varun Talukdar and Pooja Gupta, underscoring the high demand for premium living spaces in this exclusive enclave.</p>
<h2>Bandra: The Epicenter of Bollywood Glamour and High-Value Real Estate</h2>
<p>Bandra is more than just a neighborhood—it’s a lifestyle. Known for its blend of heritage bungalows, modern high-rises, and vibrant commercial spaces, Bandra is home to a constellation of Bollywood’s brightest stars. Notable residents include <b>Shah Rukh Khan, Salman Khan, Janhvi Kapoor, Tripti Dimri,</b> and <b>Ranbir Kapoor</b>, making it a hub for both luxury living and star-spotting.</p>
<p>The area’s proximity to the Bandra Kurla Complex (BKC), Mumbai’s premier business district, and its connectivity via the Western Express Highway and Bandra railway station further enhance its appeal. Bandra’s real estate market is renowned for its resilience and ability to command premium prices, with property values often exceeding ₹1 lakh per square foot.</p>
<h2>John Abraham’s Expanding Real Estate Portfolio</h2>
<p>Beyond his Bandra holdings, John Abraham has made headlines for his investments across Mumbai. In December 2023, he acquired a sprawling 5,416 sq ft bungalow on Khar’s Linking Road, along with a 7,722 sq ft plot, for <b>₹70.83 crore</b>. This property, located on one

A Stars Strategic Investment in Mumbais Celebrity Heartland Bollywood star and astute investor John Abraham has once again demonstrated his keen eye for premium real estate leasing three luxury apartments in Mumbais iconic Bandra neighborhood Located within the prestigious Sea Glimpse Cooperative Housing Society at Bandstand these properties are emblematic of Bandras status as the citys most coveted address for highnetworth individuals and celebrities A Lucrative Lease Setting New Rental Benchmarks On May 29 John Abraham formalized a fiveyear lease agreement for his three Bandra apartments The deal registered with a stamp duty of approximately ₹112 lakh and a registration charge of ₹1000 also includes a substantial security deposit of ₹36 lakh The cumulative monthly rent for all three units starts at ₹630 lakh for the first four years escalating to ₹8 lakh in the final year Over the full term the total rental value is estimated at nearly ₹43 crorea testament to the enduring allure and investment potential of Bandras real estate market The lease features a structured rent escalation close to 8 annually for the first two years and around 5 for the final two years ensuring robust returns for the actor The apartments have been rented to Varun Talukdar and Pooja Gupta underscoring the high demand for premium living spaces in this exclusive enclave Bandra The Epicenter of Bollywood Glamour and HighValue Real Estate Bandra is more than just a neighborhoodits a lifestyle Known for its blend of heritage bungalows modern highrises and vibrant commercial spaces Bandra is home to a constellation of Bollywoods brightest stars Notable residents include Shah Rukh Khan Salman Khan Janhvi Kapoor Tripti Dimri and Ranbir Kapoor making it a hub for both luxury living and starspotting The areas proximity to the Bandra Kurla Complex BKC Mumbais premier business district and its connectivity via the Western Express Highway and Bandra railway station further enhance its appeal Bandras real estate market is renowned for its resilience and ability to command premium prices with property values often exceeding ₹1 lakh per square foot John Abrahams Expanding Real Estate Portfolio Beyond his Bandra holdings John Abraham has made headlines for his investments across Mumbai In December 2023 he acquired a sprawling 5416 sq ft bungalow on Khars Linking Road along with a 7722 sq ft plot for ₹7083 crore This property located on one of Mumbais most soughtafter retail high streets is a strategic addition to his growing real estate empire offering both residential and commercial potential A Vision for the Future Investing in Mumbais Enduring Value John Abrahams latest lease agreement is more than a transactionits a reflection of his confidence in Mumbais luxury real estate market By capitalizing on the high demand for premium properties in Bandra Abraham is not only securing substantial passive income but also reinforcing the neighborhoods reputation as a global real estate destination

John Abraham leases three Bandra apartments for ₹4.3 crore over five years, highlighting Mumbai’s luxury real estate boom.

John Abraham’s Bandra Real Estate: Luxury Apartments Command Premium Rent

<p>A Vision Unfolds: Connectivity for Every Corner</p>
<p>In a bold move set to reshape the rural landscape, the Government of India has unveiled a transformative <b>₹4,224 crore </b>package for 316 road projects under the Pradhan Mantri Gram Sadak Yojana (PMGSY-IV) in Jammu and Kashmir. This landmark decision marks the largest ever investment in rural road infrastructure for the Union Territory, heralding a new age of opportunity for its most remote and underserved communities.</p>
<h2>Empowering the Smallest Habitations: Roads Reach Every Doorstep</h2>
<p>With PMGSY-IV, the promise of connectivity extends to every corner of Jammu and Kashmir—even the tiniest villages with just 250 residents will now be linked to the wider world. Over 1,781 kilometers of new roads will weave through the region, connecting 390 rural habitations and opening doors to education, healthcare, markets, and essential services for thousands.</p>
<h2>Jammu Takes Center Stage: Bridging the Connectivity Divide</h2>
<p>A deliberate focus on the Jammu division ensures that historically neglected areas will finally see the fruits of development. By prioritizing regions that have long lagged behind, this initiative seeks to foster equitable growth, unlocking the untapped potential of communities that have remained isolated for far too long.</p>
<h2>Gratitude and Leadership: Acknowledging National Commitment</h2>
<p>Lieutenant Governor Manoj Sinha has publicly expressed gratitude to Prime Minister <b>Narendra Modi</b> and Union Rural Development Minister <b>Shivraj Singh Chouhan</b> for their unwavering support. Highlighting J&K’s distinction as the first state or union territory to be sanctioned under PMGSY-IV, the L-G emphasized the profound impact this project will have on the region’s future.</p>
<h2>A Strategic Shift: New Roads for New Horizons</h2>
<p>Unlike previous phases, which included both road upgrades and bridge projects, PMGSY-IV is dedicated solely to laying new roads. This strategic pivot ensures that untouched rural areas receive their first-ever all-weather connectivity, setting the stage for enduring progress and prosperity.</p>
<h2>Shared Responsibility: A Partnership for Progress</h2>
<p>The project is a true partnership, with the Union Rural Development Ministry contributing <b>₹3,801.80 crore</b> and the J&K government providing <b>₹422.43 crore</b>. This shared commitment guarantees robust funding and efficient execution, ensuring that every rupee is invested in the region’s future.</p>
<h2>A Catalyst for Change: Paving the Way to Prosperity</h2>
<p>This historic investment is more than just a road-building exercise—it is a catalyst for transformation. By connecting remote habitations, PMGSY-IV will empower communities, stimulate local economies, and lay the groundwork for a brighter, more inclusive future for Jammu and Kashmir.</p>

A Vision Unfolds Connectivity for Every Corner In a bold move set to reshape the rural landscape the Government of India has unveiled a transformative 4224 crore package for 316 road projects under the Pradhan Mantri Gram Sadak Yojana PMGSYIV in Jammu and Kashmir This landmark decision marks the largest ever investment in rural road infrastructure for the Union Territory heralding a new age of opportunity for its most remote and underserved communities Empowering the Smallest Habitations Roads Reach Every Doorstep With PMGSYIV the promise of connectivity extends to every corner of Jammu and Kashmireven the tiniest villages with just 250 residents will now be linked to the wider world Over 1781 kilometers of new roads will weave through the region connecting 390 rural habitations and opening doors to education healthcare markets and essential services for thousands Jammu Takes Center Stage Bridging the Connectivity Divide A deliberate focus on the Jammu division ensures that historically neglected areas will finally see the fruits of development By prioritizing regions that have long lagged behind this initiative seeks to foster equitable growth unlocking the untapped potential of communities that have remained isolated for far too long Gratitude and Leadership Acknowledging National Commitment Lieutenant Governor Manoj Sinha has publicly expressed gratitude to Prime Minister Narendra Modi and Union Rural Development Minister Shivraj Singh Chouhan for their unwavering support Highlighting JKs distinction as the first state or union territory to be sanctioned under PMGSYIV the LG emphasized the profound impact this project will have on the regions future A Strategic Shift New Roads for New Horizons Unlike previous phases which included both road upgrades and bridge projects PMGSYIV is dedicated solely to laying new roads This strategic pivot ensures that untouched rural areas receive their firstever allweather connectivity setting the stage for enduring progress and prosperity Shared Responsibility A Partnership for Progress The project is a true partnership with the Union Rural Development Ministry contributing 38018 crore and the JK government providing 42243 crore This shared commitment guarantees robust funding and efficient execution ensuring that every rupee is invested in the regions future A Catalyst for Change Paving the Way to Prosperity This historic investment is more than just a roadbuilding exerciseit is a catalyst for transformation By connecting remote habitations PMGSYIV will empower communities stimulate local economies and lay the groundwork for a brighter more inclusive future for Jammu and Kashmir

J&K’s ₹4,224 crore PMGSY-IV road projects connect 390 habitations, transforming rural mobility and prosperity.

J&K Gets Record ₹4,224 Cr PMGSY-IV Road Projects

<p>A Defining Moment for Hyderabad’s Real Estate Market</p>
<p>Hyderabad’s real estate sector reached new heights as the Kukatpally Housing Board (KPHB) auctioned 18 prime plots, setting a citywide record with a winning bid of ₹2.98 lakh per square yard. The event, held at a bustling community hall, drew 84 enthusiastic bidders and culminated in a landmark sale that underscores the city’s growing appeal for investors and homeowners alike.</p>
<h2>The Auction: A Showcase of Confidence and Competition</h2>
<p>The auction spotlighted 18 plots in Phase 7 of KPHB Colony, ranging from a charming 198 square yards to a generous 987 square yards. The energy in the room was electric as bidders vied for these coveted parcels, but it was Plot 22 that captured the day’s top bid, cementing its status as the most sought-after lot.</p>
<p><i>“This remarkable response is undeniable proof of the robust growth in Hyderabad’s real estate,”</i> remarked Housing Board officials, their satisfaction evident. The competitive spirit and high stakes reflected the city’s dynamic market and the confidence of its investors.</p>
<h2>A Financial Windfall and Market Momentum</h2>
<p>The auction generated an impressive <b>₹142.78 crore</b> in revenue for the KPHB, with a total of 6,232 square yards sold at an average price of ₹2.38 lakh per square yard. The financial impact is immediate: buyers are required to submit 25% of their bid amount within two days, injecting a substantial <b>₹35.34 crore</b> into the Housing Board’s coffers and signaling robust liquidity in the market.</p>
<h2>Hyderabad’s Rising Star Status</h2>
<p>This record-setting auction is more than just a transaction—it is a powerful indicator of Hyderabad’s continued ascent as a premier real estate destination. Land prices in the city are on an upward trajectory, fueled by strong demand, strategic infrastructure development, and a reputation for quality living. As investors and developers continue to flock to Hyderabad, the city’s real estate landscape is poised for even greater heights.</p>
<h2>A Vision for the Future</h2>
<p>The KPHB auction is a testament to Hyderabad’s enduring allure and its potential to attract top-tier investment. With land prices reaching unprecedented levels, the city is rapidly establishing itself as a key player in India’s real estate market, promising exciting opportunities for growth and prosperity.</p>

A Defining Moment for Hyderabads Real Estate Market Hyderabads real estate sector reached new heights as the Kukatpally Housing Board KPHB auctioned 18 prime plots setting a citywide record with a winning bid of ₹298 lakh per square yard The event held at a bustling community hall drew 84 enthusiastic bidders and culminated in a landmark sale that underscores the citys growing appeal for investors and homeowners alike The Auction A Showcase of Confidence and Competition The auction spotlighted 18 plots in Phase 7 of KPHB Colony ranging from a charming 198 square yards to a generous 987 square yards The energy in the room was electric as bidders vied for these coveted parcels but it was Plot 22 that captured the days top bid cementing its status as the most soughtafter lot This remarkable response is undeniable proof of the robust growth in Hyderabads real estate remarked Housing Board officials their satisfaction evident The competitive spirit and high stakes reflected the citys dynamic market and the confidence of its investors A Financial Windfall and Market Momentum The auction generated an impressive ₹14278 crore in revenue for the KPHB with a total of 6232 square yards sold at an average price of ₹238 lakh per square yard The financial impact is immediate buyers are required to submit 25 of their bid amount within two days injecting a substantial ₹3534 crore into the Housing Boards coffers and signaling robust liquidity in the market Hyderabads Rising Star Status This recordsetting auction is more than just a transactionit is a powerful indicator of Hyderabads continued ascent as a premier real estate destination Land prices in the city are on an upward trajectory fueled by strong demand strategic infrastructure development and a reputation for quality living As investors and developers continue to flock to Hyderabad the citys real estate landscape is poised for even greater heights A Vision for the Future The KPHB auction is a testament to Hyderabads enduring allure and its potential to attract toptier investment With land prices reaching unprecedented levels the city is rapidly establishing itself as a key player in Indias real estate market promising exciting opportunities for growth and prosperity

Kukatpally Housing Board auction in Hyderabad sets new land price record, signaling robust real estate demand.

Hyderabad Sets Historic Land Price Record in Kukatpally Auction

<p>A Landmark Achievement in Green Hospitality</p>
<p><a href="https://jw-marriott.marriott.com/" target="_blank">JW Marriott</a> Mumbai Juhu has etched its name in history by becoming the first hotel in India to receive the prestigious Platinum LEED certification, the highest accolade awarded by the US Green Building Council for sustainable building performance. This remarkable milestone underscores the hotel’s unwavering commitment to eco-friendly luxury, responsible operations, and a vision for a greener future.</p>
<h2>Sustainability at the Core</h2>
<p>At the heart of JW Marriott Mumbai Juhu’s ethos is a profound dedication to sustainability. <i>“Sustainability is deeply rooted in everything we do—it isn’t just a promise, it’s our foundation,”</i> says <b>Girish Gaikwad</b>, Director of Engineering. <i>“From intelligent energy systems and responsible operations to enriching guest experiences and community impact, our Platinum LEED certification stands as a testament to this commitment, where luxury and sustainability go hand in hand, and every mindful choice creates a lasting impact.”</i></p>
<h2>A Blueprint for Eco-Friendly Excellence</h2>
<p>This achievement builds upon the hotel’s already robust environmental credentials, including ISO 14001:2015 certification. The property has implemented a comprehensive suite of initiatives across energy conservation, waste management, water efficiency, and sustainable sourcing.</p>
<p>Energy Conservation: The hotel has optimized HVAC systems, embraced LED lighting, and integrated renewable energy sources such as off-site wind power and solar panels.</p>
<p>Water Efficiency: Advanced recycling systems and water-saving fixtures are central to the hotel’s Water Action Plan, ensuring responsible usage.</p>
<p>Waste Management: An in-house organic composter transforms kitchen waste into compost for landscaping, while a reduction in plastic use is achieved through an on-site water bottling plant.</p>
<p>Ethical Sourcing: The hotel prioritizes cage-free eggs, crate-free pork, and sustainable seafood, reflecting a commitment to ethical consumption.</p>
<h2>Green Infrastructure and Guest Engagement</h2>
<p>JW Marriott Mumbai Juhu’s green infrastructure is equally impressive, featuring vertical gardens and fast-charging EV stations. Guests are invited to participate in sustainability efforts through refillable bath products and linen reuse programs, fostering a culture of shared responsibility.</p>
<p>A dedicated Sustainability Committee, led by Girish Gaikwad, oversees these initiatives, aligning with Marriott’s global sustainability goals and ensuring continuous improvement.</p>
<h2>A Vision for the Future</h2>
<p>This Platinum LEED certification is more than an award—it is a promise. By integrating luxury with sustainability, JW Marriott Mumbai Juhu is setting a new standard for hospitality in India, inspiring the industry to embrace eco-conscious practices and demonstrating that responsible choices can create a lasting, positive impact on the planet.</p>

A Landmark Achievement in Green Hospitality JW Marriott Mumbai Juhu has etched its name in history by becoming the first hotel in India to receive the prestigious Platinum LEED certification the highest accolade awarded by the US Green Building Council for sustainable building performance This remarkable milestone underscores the hotels unwavering commitment to ecofriendly luxury responsible operations and a vision for a greener future Sustainability at the Core At the heart of JW Marriott Mumbai Juhus ethos is a profound dedication to sustainability Sustainability is deeply rooted in everything we doit isnt just a promise its our foundation says Girish Gaikwad Director of Engineering From intelligent energy systems and responsible operations to enriching guest experiences and community impact our Platinum LEED certification stands as a testament to this commitment where luxury and sustainability go hand in hand and every mindful choice creates a lasting impact A Blueprint for EcoFriendly Excellence This achievement builds upon the hotels already robust environmental credentials including ISO 140012015 certification The property has implemented a comprehensive suite of initiatives across energy conservation waste management water efficiency and sustainable sourcing Energy Conservation The hotel has optimized HVAC systems embraced LED lighting and integrated renewable energy sources such as offsite wind power and solar panels Water Efficiency Advanced recycling systems and watersaving fixtures are central to the hotels Water Action Plan ensuring responsible usage Waste Management An inhouse organic composter transforms kitchen waste into compost for landscaping while a reduction in plastic use is achieved through an onsite water bottling plant Ethical Sourcing The hotel prioritizes cagefree eggs cratefree pork and sustainable seafood reflecting a commitment to ethical consumption Green Infrastructure and Guest Engagement JW Marriott Mumbai Juhus green infrastructure is equally impressive featuring vertical gardens and fastcharging EV stations Guests are invited to participate in sustainability efforts through refillable bath products and linen reuse programs fostering a culture of shared responsibility A dedicated Sustainability Committee led by Girish Gaikwad oversees these initiatives aligning with Marriotts global sustainability goals and ensuring continuous improvement A Vision for the Future This Platinum LEED certification is more than an awardit is a promise By integrating luxury with sustainability JW Marriott Mumbai Juhu is setting a new standard for hospitality in India inspiring the industry to embrace ecoconscious practices and demonstrating that responsible choices can create a lasting positive impact on the planet

JW Marriott Mumbai Juhu is India’s first hotel to earn Platinum LEED, redefining luxury with sustainability and eco-friendly practices.

JW Marriott Mumbai Juhu: Pioneering Sustainable Luxury in India

<p>A New Era for Raymond’s Real Estate Vision</p>
<p>For nearly a century, the <a href="https://www.raymond.in/" target="_blank">Raymond Group</a> has stood as a pillar of Indian industry, evolving from its roots in fabric manufacturing to become a diversified conglomerate with a strong presence in engineering and real estate. Today, the group embarks on a transformative journey as it officially demerges its real estate business, <a href="https://raymondrealty.in/" target="_blank">Raymond Realty</a>, into an independent, listed entity—unlocking immense growth opportunities and positioning itself as a pure-play real estate powerhouse.</p>
<h2>Demerger: A Strategic Leap Forward</h2>
<p>The demerger scheme, effective from May 1, 2025, and with a record date of May 14, 2025, marks a pivotal moment for Raymond Ltd. Each shareholder of Raymond will receive one share of Raymond Realty for every share held, ensuring a seamless transition and equitable distribution of value. This move enables Raymond Realty to chart its own growth trajectory, free from the constraints of a diversified conglomerate, and empowers it to pursue ambitious expansion plans in India’s dynamic real estate market.</p>
<h2>Unlocking Shareholder Value and Growth Potential</h2>
<p>Raymond Realty is set to list on the stock exchanges in the second quarter of FY26, following all necessary regulatory approvals. The independent listing is expected to attract new investors, enhance liquidity, and provide the flexibility needed to capitalize on emerging opportunities in the real estate sector. According to <b>Amit Agarwal</b>, Group CFO of Raymond Ltd, <i>“The demerger will position Raymond Realty to pursue its growth trajectory as an independent pure-play real estate business.”</i></p>
<h2>A Legacy of Excellence and Innovation</h2>
<p>Raymond’s journey began in 1925, when it pioneered fabric manufacturing in India. Over the decades, the group diversified into engineering and real estate, building a reputation for quality, innovation, and trust. After successfully demerging its lifestyle business into a separate listed entity in 2024, Raymond is now carving out its real estate vertical—a testament to its commitment to sharpening focus and maximizing shareholder value.</p>
<h2>Strong Financial Foundations and Growth Momentum</h2>
<p>In the 2024-25 fiscal year, Raymond Ltd reported a remarkable rise in net profit, reaching <b>₹7,635.62 crore</b>, up from <b>₹1,643.07 crore</b> in the previous year. Total income also surged to <b>₹2,105.24 crore</b> from <b>₹1,137.17 crore</b>. The real estate business itself sold properties worth <b>₹2,310 crore</b>, reflecting robust demand and strong market positioning. Raymond Realty’s revenue pipeline now stands at an impressive <b>₹40,000 crore</b>, driven by both its core Thane land parcel and a growing portfolio of joint development agreements across Mumbai.</p>
<h2>A Vision for the Future</h2>
<p>With its new status as an independent, listed company, Raymond Realty is poised to accelerate its growth, expand its footprint, and set new benchmarks for excellence in the Indian real estate sector. The company’s leadership is optimistic about the future, confident that the demerger will unlock value, drive innovation, and deliver sustainable returns for shareholders.</p>

A New Era for Raymonds Real Estate Vision For nearly a century the Raymond Group has stood as a pillar of Indian industry evolving from its roots in fabric manufacturing to become a diversified conglomerate with a strong presence in engineering and real estate Today the group embarks on a transformative journey as it officially demerges its real estate business Raymond Realty into an independent listed entityunlocking immense growth opportunities and positioning itself as a pureplay real estate powerhouse Demerger A Strategic Leap Forward The demerger scheme effective from May 1 2025 and with a record date of May 14 2025 marks a pivotal moment for Raymond Ltd Each shareholder of Raymond will receive one share of Raymond Realty for every share held ensuring a seamless transition and equitable distribution of value This move enables Raymond Realty to chart its own growth trajectory free from the constraints of a diversified conglomerate and empowers it to pursue ambitious expansion plans in Indias dynamic real estate market Unlocking Shareholder Value and Growth Potential Raymond Realty is set to list on the stock exchanges in the second quarter of FY26 following all necessary regulatory approvals The independent listing is expected to attract new investors enhance liquidity and provide the flexibility needed to capitalize on emerging opportunities in the real estate sector According to Amit Agarwal Group CFO of Raymond Ltd The demerger will position Raymond Realty to pursue its growth trajectory as an independent pureplay real estate business A Legacy of Excellence and Innovation Raymonds journey began in 1925 when it pioneered fabric manufacturing in India Over the decades the group diversified into engineering and real estate building a reputation for quality innovation and trust After successfully demerging its lifestyle business into a separate listed entity in 2024 Raymond is now carving out its real estate verticala testament to its commitment to sharpening focus and maximizing shareholder value Strong Financial Foundations and Growth Momentum In the 202425 fiscal year Raymond Ltd reported a remarkable rise in net profit reaching ₹763562 crore up from ₹164307 crore in the previous year Total income also surged to ₹210524 crore from ₹113717 crore The real estate business itself sold properties worth ₹2310 crore reflecting robust demand and strong market positioning Raymond Realtys revenue pipeline now stands at an impressive ₹40000 crore driven by both its core Thane land parcel and a growing portfolio of joint development agreements across Mumbai A Vision for the Future With its new status as an independent listed company Raymond Realty is poised to accelerate its growth expand its footprint and set new benchmarks for excellence in the Indian real estate sector The companys leadership is optimistic about the future confident that the demerger will unlock value drive innovation and deliver sustainable returns for shareholders

Raymond Realty demerges, set for NSE/BSE listing in FY26, unlocking growth and shareholder value.

Raymond Realty: Charting a Bold New Course as an Independent Listed Entity

<p>A Bold Step in Luxury Real Estate</p>

<p>In a move that redefines South Mumbai’s luxury landscape, <a href="https://www.ashwinshethgroup.com/" target="_blank">Ashwin Sheth Group</a> has acquired a 50% stake in One Marina, a prestigious residential project with a gross development value (GDV) of <b>₹2,300 crore</b>. This landmark acquisition, announced on June 11, marks a significant milestone for the Mumbai-based developer and signals its ambitious vision for the city’s ultra-luxury segment.</p>

<h2>A Strategic Partnership with Global Backing</h2>

<p>The acquisition was made possible through a robust funding partnership with PAG Singapore, an Asia-focused investment firm that has committed <b>$65 million</b> (over ₹540 crore) to support the project’s construction and development. The funds not only facilitated the exit of J.C. Flower ARC, whose loan from Yes Bank was settled by Ashwin Sheth Group, but also ensured a seamless transition for the new partnership.</p>

<p>Ashwin Sheth Group acquired the stake from <b>Vallabh Sheth</b> and <b>Jitendra Sheth</b>, promoters of Sheth Creators, who previously co-owned the project alongside landowner YM Infra. With this transaction, Ashwin Sheth Group now holds a significant saleable area of four lakh square feet within the one million square foot development.</p>

<h2>Unparalleled Location and Unmatched Luxury</h2>

<p>Situated near Marine Drive and the historic Princess Street Flyover, One Marina enjoys a prime location in the heart of South Mumbai. The project is set to rise 74 floors above ground, with construction currently completed up to the 9th podium level. Residents will enjoy a range of sea-facing apartments, including 3 BHK and 4 BHK units, duplexes, triplexes, and penthouses, all designed to offer an exceptional living experience.</p>

<h2>A Vision for the Future</h2>

<p><i>“With One Marina, we aim to create a truly exceptional living experience, making it one of the most premium residential addresses in South Mumbai,”</i> said Ashwin Sheth, Chairman and Managing Director of Ashwin Sheth Group. <i>“This project demonstrates our strategic focus on South Mumbai, with multiple upcoming projects set to redefine the luxury and ultra-luxury segment. Our partnership with PAG ensures that One Marina will receive the investment and expertise needed to realize its full potential.”</i></p>

<p>Sunil Hotchandani, Head of Fundraising at Ashwin Sheth Group, added, <i>“This partnership is a continuation of our strategy to unlock and deliver value in legacy and underutilized projects. With PAG’s financial support and our proven development track record, One Marina is well-positioned for a successful turnaround.”</i></p>

<h2>Setting New Standards in Luxury Living</h2>

<p>One Marina is more than just a residential tower—it is a symbol of South Mumbai’s evolving skyline and a testament to the city’s enduring appeal as a global destination for luxury living. With its prime location, world-class amenities, and visionary leadership, One Marina is poised to set new benchmarks for urban elegance and sophistication.</p>

A Bold Step in Luxury Real Estate In a move that redefines South Mumbais luxury landscape Ashwin Sheth Group has acquired a 50 stake in One Marina a prestigious residential project with a gross development value GDV of ₹2300 crore This landmark acquisition announced on June 11 marks a significant milestone for the Mumbaibased developer and signals its ambitious vision for the citys ultraluxury segment A Strategic Partnership with Global Backing The acquisition was made possible through a robust funding partnership with PAG Singapore an Asiafocused investment firm that has committed $65 million over ₹540 crore to support the projects construction and development The funds not only facilitated the exit of JC Flower ARC whose loan from Yes Bank was settled by Ashwin Sheth Group but also ensured a seamless transition for the new partnership Ashwin Sheth Group acquired the stake from Vallabh Sheth and Jitendra Sheth promoters of Sheth Creators who previously coowned the project alongside landowner YM Infra With this transaction Ashwin Sheth Group now holds a significant saleable area of four lakh square feet within the one million square foot development Unparalleled Location and Unmatched Luxury Situated near Marine Drive and the historic Princess Street Flyover One Marina enjoys a prime location in the heart of South Mumbai The project is set to rise 74 floors above ground with construction currently completed up to the 9th podium level Residents will enjoy a range of seafacing apartments including 3 BHK and 4 BHK units duplexes triplexes and penthouses all designed to offer an exceptional living experience A Vision for the Future With One Marina we aim to create a truly exceptional living experience making it one of the most premium residential addresses in South Mumbai said Ashwin Sheth Chairman and Managing Director of Ashwin Sheth Group This project demonstrates our strategic focus on South Mumbai with multiple upcoming projects set to redefine the luxury and ultraluxury segment Our partnership with PAG ensures that One Marina will receive the investment and expertise needed to realize its full potential Sunil Hotchandani Head of Fundraising at Ashwin Sheth Group added This partnership is a continuation of our strategy to unlock and deliver value in legacy and underutilized projects With PAGs financial support and our proven development track record One Marina is wellpositioned for a successful turnaround Setting New Standards in Luxury Living One Marina is more than just a residential towerit is a symbol of South Mumbais evolving skyline and a testament to the citys enduring appeal as a global destination for luxury living With its prime location worldclass amenities and visionary leadership One Marina is poised to set new benchmarks for urban elegance and sophistication

Ashwin Sheth Group secures 50% stake in One Marina, backed by PAG funding, redefining South Mumbai’s luxury real estate.

Ashwin Sheth Group Transforms South Mumbai Skyline with One Marina

<p>A Vision for India’s Growing Elderly Population</p>

<p>In an inspiring stride toward sustainable urban development, Paranjape Schemes has partnered with India Housing For All (AIF) and Unity Small Finance Bank to bring Ananda Athashri to life—a pioneering, 500-home senior living project nestled within Pune’s sprawling 40-acre Happiness Hub. This collaboration not only marks a significant milestone for Pune but also sets the stage for a nationwide movement toward climate-resilient, affordable housing for India’s rapidly expanding senior demographic.</p>

<h2>Early Financial Closure and a Commitment to Scale</h2>

<p>The partnership has achieved early financial closure for the first phase of Ananda Athashri, ensuring the project’s timely execution and long-term viability. As part of the larger Happiness Hub township, Ananda Athashri will ultimately accommodate over 8,500 residents, offering a tranquil, community-focused environment with spiritual spaces, wellness zones, and lush green infrastructure. Remarkably, homes at Ananda Athashri are priced 50% more affordably than comparable urban senior living projects, making dignified retirement accessible to the middle class.</p>

<h2>A Collaborative Effort for a Brighter Future</h2>

<p><b>Ranjan Ghosh</b>, President of <a href="https://theunitybank.com/" target="_blank">Unity Small Finance Bank</a>, highlights the innovative approach: <i>“We have catalysed development funding within current RBI rules to provide early financial closure to a developer with a proven track record in the priority infrastructure sector. Over 25 years, Paranjape Schemes has delivered and perfected the maintenance of 4,000+ senior living homes.”</i></p>

<p>Mr. <b>Shrikant Paranjape</b>, Promoter of Ananda Senior Living Private Limited, shares his vision: <i>“We are excited to work with India Housing For All and Unity Small Finance Bank on this project and to develop more senior living communities across India. With the senior population projected to rise from 130 million in 2025 to 231 million by 2050, the demand for quality, affordable homes is only set to grow.”</i></p>

<p><b>Deep Sen</b>, CEO & Founder of India Housing For All, adds: <i>“Our aim is to catalyze the development and delivery of aspirational, middle-income affordable homes to one million families by 2035. This partnership with Unity Small Finance Bank for Ananda Athashri lays the foundation for scaling our initiative, aligning with the principles of the Prime Minister Awas Yojana.”</i></p>

<h2>Inspired by Heritage, Designed for Serenity</h2>

<p>Ananda Athashri—meaning <i>“Joyfully Divine, Auspicious New Beginning”</i>—is crafted specifically for senior citizens, drawing inspiration from India’s rich spiritual and architectural traditions. The community reimagines the Char Dham experience through a beautifully landscaped miniature temple complex, meditation zones, comfortable lounges, a library, and a community canteen.</p>

<h2>Uncompromising Comfort and Convenience</h2>

<p>Despite its affordability, Ananda Athashri does not compromise on essential amenities and features:</p>

<ul>
<li>24x7 security surveillance</li>
<li>Power backup for lifts and common areas</li>
<li>Doctor’s consultation room and ambulance on call</li>
<li>Full-time resident manager</li>
</ul>

<h2>A Blueprint for the Future</h2>

<p>Ananda Athashri stands as a beacon of hope and innovation for India’s elderly, offering a peaceful, secure, and vibrant community at an accessible price point. As the nation’s senior population grows, projects like Ananda Athashri are paving the way for a future where every senior citizen can enjoy dignity, comfort, and joy in their golden years.</p>

A Vision for Indias Growing Elderly Population In an inspiring stride toward sustainable urban development Paranjape Schemes has partnered with India Housing For All AIF and Unity Small Finance Bank to bring Ananda Athashri to lifea pioneering 500home senior living project nestled within Punes sprawling 40acre Happiness Hub This collaboration not only marks a significant milestone for Pune but also sets the stage for a nationwide movement toward climateresilient affordable housing for Indias rapidly expanding senior demographic Early Financial Closure and a Commitment to Scale The partnership has achieved early financial closure for the first phase of Ananda Athashri ensuring the projects timely execution and longterm viability As part of the larger Happiness Hub township Ananda Athashri will ultimately accommodate over 8500 residents offering a tranquil communityfocused environment with spiritual spaces wellness zones and lush green infrastructure Remarkably homes at Ananda Athashri are priced 50 more affordably than comparable urban senior living projects making dignified retirement accessible to the middle class A Collaborative Effort for a Brighter Future Ranjan Ghosh President of Unity Small Finance Bank highlights the innovative approach We have catalysed development funding within current RBI rules to provide early financial closure to a developer with a proven track record in the priority infrastructure sector Over 25 years Paranjape Schemes has delivered and perfected the maintenance of 4000 senior living homes Mr Shrikant Paranjape Promoter of Ananda Senior Living Private Limited shares his vision We are excited to work with India Housing For All and Unity Small Finance Bank on this project and to develop more senior living communities across India With the senior population projected to rise from 130 million in 2025 to 231 million by 2050 the demand for quality affordable homes is only set to grow Deep Sen CEO Founder of India Housing For All adds Our aim is to catalyze the development and delivery of aspirational middleincome affordable homes to one million families by 2035 This partnership with Unity Small Finance Bank for Ananda Athashri lays the foundation for scaling our initiative aligning with the principles of the Prime Minister Awas Yojana Inspired by Heritage Designed for Serenity Ananda Athashrimeaning Joyfully Divine Auspicious New Beginningis crafted specifically for senior citizens drawing inspiration from Indias rich spiritual and architectural traditions The community reimagines the Char Dham experience through a beautifully landscaped miniature temple complex meditation zones comfortable lounges a library and a community canteen Uncompromising Comfort and Convenience Despite its affordability Ananda Athashri does not compromise on essential amenities and features 24x7 security surveillance Power backup for lifts and common areas Doctors consultation room and ambulance on call Fulltime resident manager A Blueprint for the Future Ananda Athashri stands as a beacon of hope and innovation for Indias elderly offering a peaceful secure and vibrant community at an accessible price point As the nations senior population grows projects like Ananda Athashri are paving the way for a future where every senior citizen can enjoy dignity comfort and joy in their golden years

Ananda Athashri in Pune delivers 500 affordable senior homes, blending comfort, community, and heritage for India’s elderly.

Pune’s Ananda Athashri: A Haven for Affordable Senior Living

<p>A New Chapter in India’s Real Estate Landscape</p>

<p>In a move that signals growing confidence in India’s residential real estate market, the <a href="https://www.cci.gov.in/" target="_blank">Competition Commission of India</a> (CCI) has approved BREP Asia III India Holding Co VII—an affiliate of global investment giant <a href="https://www.blackstone.com/" target="_blank">Blackstone Inc.</a>—to acquire a 40% stake in <a href="https://www.koltepatil.com/" target="_blank">Kolte-Patil Developers Limited</a>. This landmark acquisition is set to reshape the dynamics of the Indian real estate sector, bringing together a leading global asset manager and one of the country’s most respected developers.</p>

<h2>The Path to Acquisition</h2>

<p>The deal will be executed through a combination of share subscription and share purchase, providing Blackstone with a significant foothold in Kolte-Patil Developers. In line with SEBI regulations, the agreement also includes an open offer to public shareholders, granting them the opportunity to exit the company. Depending on the response, Blackstone’s stake could rise beyond 40%, further consolidating its position in the Indian market.</p>

<h2>Kolte-Patil: Expanding Horizons</h2>

<p>Kolte-Patil Developers, headquartered in Pune, has been rapidly expanding its presence in Mumbai and Bengaluru, establishing itself as a key player in India’s urban real estate landscape. Blackstone’s investment is not just a financial transaction—it is a strategic partnership that will leverage Kolte-Patil’s expertise and Blackstone’s global reach to unlock new opportunities in residential development.</p>

<h2>Blackstone’s Strategic Vision</h2>

<p>This acquisition marks a bold step in Blackstone’s strategy to diversify its real estate holdings in India. While the firm is already a major force in the commercial real estate segment, its foray into residential development—announced in March 2025 with plans to acquire up to 66% of Kolte-Patil—demonstrates a strong belief in the long-term growth of India’s housing market.</p>

<h2>Financial Highlights: Resilience Amid Challenges</h2>

<p>Despite a challenging quarter, Kolte-Patil Developers reported a net profit of <b>₹66.29 crore</b> in Q4 of FY25, with total income surging 37% year-on-year to <b>₹723.2 crore.</b> Sales, however, declined by 15% year-on-year and 7% quarter-on-quarter to <b>₹631 crore</b>, largely due to delays in planned project launches. Yet, collections remained robust, rising 19% year-on-year and 24% quarter-on-quarter to <b>₹704 crore</b>. The total volume of property sold dipped 23% year-on-year to 0.8 million square feet, underscoring the resilience of the company’s financial model.</p>

<h2>A Vision for the Future</h2>

<p>Blackstone’s investment in Kolte-Patil Developers is more than just a transaction—it is a vote of confidence in India’s urban growth story. As demand for quality residential properties continues to rise, this partnership is poised to set new benchmarks for innovation, transparency, and performance in the real estate sector.</p>

A New Chapter in Indias Real Estate Landscape In a move that signals growing confidence in Indias residential real estate market the Competition Commission of India CCI has approved BREP Asia III India Holding Co VIIan affiliate of global investment giant Blackstone Incto acquire a 40 stake in KoltePatil Developers Limited This landmark acquisition is set to reshape the dynamics of the Indian real estate sector bringing together a leading global asset manager and one of the countrys most respected developers The Path to Acquisition The deal will be executed through a combination of share subscription and share purchase providing Blackstone with a significant foothold in KoltePatil Developers In line with SEBI regulations the agreement also includes an open offer to public shareholders granting them the opportunity to exit the company Depending on the response Blackstones stake could rise beyond 40 further consolidating its position in the Indian market KoltePatil Expanding Horizons KoltePatil Developers headquartered in Pune has been rapidly expanding its presence in Mumbai and Bengaluru establishing itself as a key player in Indias urban real estate landscape Blackstones investment is not just a financial transactionit is a strategic partnership that will leverage KoltePatils expertise and Blackstones global reach to unlock new opportunities in residential development Blackstones Strategic Vision This acquisition marks a bold step in Blackstones strategy to diversify its real estate holdings in India While the firm is already a major force in the commercial real estate segment its foray into residential developmentannounced in March 2025 with plans to acquire up to 66 of KoltePatildemonstrates a strong belief in the longterm growth of Indias housing market Financial Highlights Resilience Amid Challenges Despite a challenging quarter KoltePatil Developers reported a net profit of 6629 crore in Q4 of FY25 with total income surging 37 yearonyear to 7232 crore Sales however declined by 15 yearonyear and 7 quarteronquarter to 631 crore largely due to delays in planned project launches Yet collections remained robust rising 19 yearonyear and 24 quarteronquarter to 704 crore The total volume of property sold dipped 23 yearonyear to 08 million square feet underscoring the resilience of the companys financial model A Vision for the Future Blackstones investment in KoltePatil Developers is more than just a transactionit is a vote of confidence in Indias urban growth story As demand for quality residential properties continues to rise this partnership is poised to set new benchmarks for innovation transparency and performance in the real estate sector

CCI approves Blackstone’s 40% stake in Kolte-Patil, boosting India’s residential real estate sector with open offer.

Blackstone Secures CCI Approval for 40% Stake in Kolte-Patil Developers

<p>A Strategic Leap for India’s Financial Hub</p>

<p><a href="https://www.infosys.com/" target="_blank">Infosys Limited</a>, one of India’s largest IT companies, has made a landmark move by leasing over 1 lakh sq ft of Grade A office space in Gujarat’s GIFT City. This development is set to reshape the commercial real estate landscape of India’s only operational International Financial Services Centre (IFSC), signaling a new era of growth and opportunity for both the region and the nation.</p>

<h2>A Milestone Lease and Its Impact</h2>

<p>Infosys has secured a 10-year lease for 1.03 lakh sq ft in the PRAGYA-2 building, located in Gandhinagar, with a monthly rent of ₹57.26 lakh. The development centre, spanning four contiguous floors (14 to 17), is designed to accommodate up to 1,000 employees working in a hybrid model. This significant expansion underscores Infosys’s commitment to innovation and positions GIFT City as a preferred destination for global technology and financial services.</p>

<p>The lease agreement, which commenced in October 2024, includes an annual rent escalation of 5%. Infosys has paid a security deposit of <b>₹3.43 crore</b> to landlord Savvy Realty Creators LLP. The deal also provides 71 dedicated car parking slots, with the option to lease additional spaces at ₹2,000 per slot per month, and features a three-year lock-in period.</p>

<h2>A TechFin Hub for the Future</h2>

<p>The new development centre was officially inaugurated by Gujarat Chief Minister <b>Bhupendrabhai Patel</b> on June 7, 2025. Infosys has positioned this facility as a key TechFin hub, delivering advanced digital solutions for global Banking, Financial Services, and Insurance (BFSI) clients. Its services will span digital banking, regulatory affairs, trade finance, capital markets, cards and payments, and risk and compliance management.</p>

<p><b>Jayesh Sanghrajka</b>, Chief Financial Officer of Infosys, remarked, <i>“Setting up our Development Centre in GIFT City is a strategic step aligned with our vision of leading innovation in financial services from within India’s foremost international financial hub. GIFT City offers a robust, future-ready environment that enables digital transformation through cutting-edge technologies such as AI, Gen AI, cloud, and blockchain. This presence not only strengthens our global delivery model but also reinforces our long-term commitment to the region’s economic development and digital evolution.”</i></p>

<h2>GIFT City: A Financial and Technological Powerhouse</h2>

<p>Located between Ahmedabad and Gandhinagar, GIFT City sprawls over 880 acres along the Sabarmati River. The city is structured into two key zones: a Special Economic Zone (SEZ) for export-oriented businesses, and a domestic area supporting residential and commercial activity. About 30% of the city is currently developed and operational, with another 30% designated for upcoming housing and community spaces.</p>

<p>The SEZ micro-market exhibits negligible vacancy in commercial Grade A assets, with vacancy levels as low as 1.46% and strong annual net absorption of 0.5 million square feet in 2024. New commercial inventory is anticipated by the end of 2025, and rentals for Grade A buildings are on an upward trajectory, reaching north of ₹70 per sq ft per month.</p>

<h2>A Magnet for Global Investors</h2>

<p>GIFT City’s robust commercial ecosystem is further strengthened by the presence of major financial and IT companies, including:</p>

<ul>
<li>Infosys</li>
<li>Cognizant</li>
<li>Infineon Technologies</li>
<li>Accenture</li>
<li>Wipro</li>
<li>Bank of America</li>
<li>Morgan Stanley</li>
<li>JP Morgan</li>
</ul>

<p>This concentration of global players has transformed GIFT City into a vibrant hub for innovation and investment.</p>

<p>On the residential front, over 14 million sq ft (about 23%) of the city’s total construction allocation is dedicated to residential development, with 6 million sq ft (about 10%) earmarked for social infrastructure. Real estate experts predict a healthy return on investment (ROI) of 7% to 8% for investors, reflecting the city’s rapid development and strong demand.</p>

<h2>Tax and Regulatory Advantages</h2>

<p>GIFT City’s appeal is further enhanced by a suite of tax and regulatory incentives. There is no Goods and Services Tax (GST) on services received by an IFSC unit, and transactions conducted on IFSC exchanges are also exempt from GST. Investors continue to benefit from exemptions on Securities Transaction Tax (STT), Commodities Transaction Tax (CTT), and stamp duty for transactions carried out on IFSC exchanges.</p>

<h2>A Bright Future Ahead</h2>

<p>Infosys’s expansion in GIFT City is more than just a real estate transaction—it is a strategic investment in India’s future as a global financial and technology leader. As GIFT City continues to attract international investors and top-tier companies, it is poised to become a beacon of innovation, collaboration, and economic growth for years to come.</p>

A Strategic Leap for Indias Financial Hub Infosys Limited one of Indias largest IT companies has made a landmark move by leasing over 1 lakh sq ft of Grade A office space in Gujarats GIFT City This development is set to reshape the commercial real estate landscape of Indias only operational International Financial Services Centre IFSC signaling a new era of growth and opportunity for both the region and the nation A Milestone Lease and Its Impact Infosys has secured a 10year lease for 103 lakh sq ft in the PRAGYA2 building located in Gandhinagar with a monthly rent of 5726 lakh The development centre spanning four contiguous floors 14 to 17 is designed to accommodate up to 1000 employees working in a hybrid model This significant expansion underscores Infosyss commitment to innovation and positions GIFT City as a preferred destination for global technology and financial services The lease agreement which commenced in October 2024 includes an annual rent escalation of 5 Infosys has paid a security deposit of 343 crore to landlord Savvy Realty Creators LLP The deal also provides 71 dedicated car parking slots with the option to lease additional spaces at 2000 per slot per month and features a threeyear lockin period A TechFin Hub for the Future The new development centre was officially inaugurated by Gujarat Chief Minister Bhupendrabhai Patel on June 7 2025 Infosys has positioned this facility as a key TechFin hub delivering advanced digital solutions for global Banking Financial Services and Insurance BFSI clients Its services will span digital banking regulatory affairs trade finance capital markets cards and payments and risk and compliance management Jayesh Sanghrajka Chief Financial Officer of Infosys remarked Setting up our Development Centre in GIFT City is a strategic step aligned with our vision of leading innovation in financial services from within Indias foremost international financial hub GIFT City offers a robust futureready environment that enables digital transformation through cuttingedge technologies such as AI Gen AI cloud and blockchain This presence not only strengthens our global delivery model but also reinforces our longterm commitment to the regions economic development and digital evolution GIFT City A Financial and Technological Powerhouse Located between Ahmedabad and Gandhinagar GIFT City sprawls over 880 acres along the Sabarmati River The city is structured into two key zones a Special Economic Zone SEZ for exportoriented businesses and a domestic area supporting residential and commercial activity About 30 of the city is currently developed and operational with another 30 designated for upcoming housing and community spaces The SEZ micromarket exhibits negligible vacancy in commercial Grade A assets with vacancy levels as low as 146 and strong annual net absorption of 05 million square feet in 2024 New commercial inventory is anticipated by the end of 2025 and rentals for Grade A buildings are on an upward trajectory reaching north of 70 per sq ft per month A Magnet for Global Investors GIFT Citys robust commercial ecosystem is further strengthened by the presence of major financial and IT companies including Infosys Cognizant Infineon Technologies Accenture Wipro Bank of America Morgan Stanley JP Morgan This concentration of global players has transformed GIFT City into a vibrant hub for innovation and investment On the residential front over 14 million sq ft about 23 of the citys total construction allocation is dedicated to residential development with 6 million sq ft about 10 earmarked for social infrastructure Real estate experts predict a healthy return on investment ROI of 7 to 8 for investors reflecting the citys rapid development and strong demand Tax and Regulatory Advantages GIFT Citys appeal is further enhanced by a suite of tax and regulatory incentives There is no Goods and Services Tax GST on services received by an IFSC unit and transactions conducted on IFSC exchanges are also exempt from GST Investors continue to benefit from exemptions on Securities Transaction Tax STT Commodities Transaction Tax CTT and stamp duty for transactions carried out on IFSC exchanges A Bright Future Ahead Infosyss expansion in GIFT City is more than just a real estate transactionit is a strategic investment in Indias future as a global financial and technology leader As GIFT City continues to attract international investors and toptier companies it is poised to become a beacon of innovation collaboration and economic growth for years to come

Infosys leases over 1 lakh sq ft in GIFT City, boosting commercial real estate and India’s financial tech ecosystem.

Infosys Sets the Stage for GIFT City’s Tech and Financial Renaissance

<p>A Landmark Move for Karnataka’s Economy</p>

<p>In a bold step toward economic revitalization, the Karnataka government has officially notified Bengaluru’s Peenya Industrial Area as a Special Investment Region (SIR), marking it as the 18th such zone in the state. Situated along the bustling Bengaluru-Tumakuru highway, Peenya stands as one of Southeast Asia’s oldest and largest industrial hubs, home to a vibrant ecosystem of manufacturing units producing engineering goods, electrical equipment, textiles, and a growing community of start-ups.</p>

<h2>A Legacy of Industry and Innovation</h2>

<p>Established in the late 1970s, Peenya Industrial Area (PIA) is nestled in northwestern Bengaluru and is renowned for its concentration of small, medium, and large-scale industries. The region has long been a cornerstone of Karnataka’s industrial landscape, driving innovation and employment across multiple sectors. Now, with its new SIR status, Peenya is poised to enter a transformative phase of growth.</p>

<h2>The Power of SIR Status</h2>

<p>According to a government notification issued on June 9, Peenya’s first, second, third, and fourth phases—spanning 1,461.46 acres—have been designated as a Special Investment Region. The Karnataka Industrial Areas Development Board (KIADB) has been appointed as the Industrial Township Authority, responsible for local administration, property tax assessment, and infrastructure development.</p>

<p>The SIR Act, introduced to streamline the development, governance, and management of large investment zones, empowers the state to define boundaries and promote integrated economic growth. With KIADB at the helm, project approvals are expected to accelerate, paving the way for a more business-friendly environment.</p>

<h2>A Boost for Real Estate and Infrastructure</h2>

<p>Real estate experts predict that the SIR designation will be a game-changer for Peenya. As the area evolves into a more organized industrial township, demand for residential real estate—particularly in the mid-income segment—is expected to surge. Improved infrastructure, better connectivity, and enhanced civic amenities are set to drive up both rental and capital values.</p>

<p><b>Digbijay Das</a>, Senior Director, Valuation Services at <a href="https://www.colliers.com/en-in" target="_blank">Colliers India</a>, highlights the transformative impact of the SIR status: <i>“With KIADB collecting property tax and allocating 70% of the revenue for infrastructure, we expect significant upgrades in roads, drainage, street lighting, waste management, and power supply. The region will also see enhanced safety and support services, including new police stations, fire stations, and medical facilities.”</i></p>

<h2>A Magnet for Talent and Investment</h2>

<p>Peenya’s reputation as a diversified manufacturing hub is well-established, with a strong presence of MSMEs in engineering, auto components, electronics, and defense. The area enjoys excellent connectivity via National Highway 4 and the Green Line of Bengaluru’s Metro Rail, and is adjacent to key residential neighborhoods like Yeshwanthpura and Rajajinagar.</p>

<p>The SIR status is expected to attract more skilled workers, start-ups, and investors, further enriching Peenya’s dynamic ecosystem. <i>“Rental and capital values will likely appreciate as infrastructure upgrades take effect,”</i> Das notes. <i>“Streamlined approvals under KIADB will also make it easier for businesses to set up and expand.”</i></p>

<h2>A Vision for the Future</h2>

<p>As Peenya embarks on this new chapter, the region is set to become a model for industrial and urban transformation in Karnataka. With improved governance, world-class infrastructure, and a thriving business environment, Peenya’s SIR status is a testament to the state’s commitment to sustainable growth and innovation.</p>

A Landmark Move for Karnatakas Economy In a bold step toward economic revitalization the Karnataka government has officially notified Bengalurus Peenya Industrial Area as a Special Investment Region SIR marking it as the 18th such zone in the state Situated along the bustling BengaluruTumakuru highway Peenya stands as one of Southeast Asias oldest and largest industrial hubs home to a vibrant ecosystem of manufacturing units producing engineering goods electrical equipment textiles and a growing community of startups A Legacy of Industry and Innovation Established in the late 1970s Peenya Industrial Area PIA is nestled in northwestern Bengaluru and is renowned for its concentration of small medium and largescale industries The region has long been a cornerstone of Karnatakas industrial landscape driving innovation and employment across multiple sectors Now with its new SIR status Peenya is poised to enter a transformative phase of growth The Power of SIR Status According to a government notification issued on June 9 Peenyas first second third and fourth phasesspanning 146146 acreshave been designated as a Special Investment Region The Karnataka Industrial Areas Development Board KIADB has been appointed as the Industrial Township Authority responsible for local administration property tax assessment and infrastructure development The SIR Act introduced to streamline the development governance and management of large investment zones empowers the state to define boundaries and promote integrated economic growth With KIADB at the helm project approvals are expected to accelerate paving the way for a more businessfriendly environment A Boost for Real Estate and Infrastructure Real estate experts predict that the SIR designation will be a gamechanger for Peenya As the area evolves into a more organized industrial township demand for residential real estateparticularly in the midincome segmentis expected to surge Improved infrastructure better connectivity and enhanced civic amenities are set to drive up both rental and capital values Digbijay Das Senior Director Valuation Services at Colliers India highlights the transformative impact of the SIR status With KIADB collecting property tax and allocating 70 of the revenue for infrastructure we expect significant upgrades in roads drainage street lighting waste management and power supply The region will also see enhanced safety and support services including new police stations fire stations and medical facilities A Magnet for Talent and Investment Peenyas reputation as a diversified manufacturing hub is wellestablished with a strong presence of MSMEs in engineering auto components electronics and defense The area enjoys excellent connectivity via National Highway 4 and the Green Line of Bengalurus Metro Rail and is adjacent to key residential neighborhoods like Yeshwanthpura and Rajajinagar The SIR status is expected to attract more skilled workers startups and investors further enriching Peenyas dynamic ecosystem Rental and capital values will likely appreciate as infrastructure upgrades take effect Das notes Streamlined approvals under KIADB will also make it easier for businesses to set up and expand A Vision for the Future As Peenya embarks on this new chapter the region is set to become a model for industrial and urban transformation in Karnataka With improved governance worldclass infrastructure and a thriving business environment Peenyas SIR status is a testament to the states commitment to sustainable growth and innovation

Peenya Industrial Area’s SIR status drives infrastructure, real estate, and investment growth in Bengaluru.

Peenya Transformed: Bengaluru’s Industrial Hub Enters New Era

<p>A Fresh Vision for India’s Real Estate Future</p>

<p>In a defining leadership transition, <b>Vikas Jain</b>, CEO of <a href="https://labdhilife.com/" target="_blank">Labdhi Lifestyle</a>, has been unanimously appointed as President of <a href="https://www.naredco.in/naredco-next-gen-events" target="_blank">NAREDCO Maharashtra NextGen</a>—the youth-oriented arm of the National Real Estate Development Council, Maharashtra. This appointment signals a bold new direction for the real estate sector, as India prepares for a transformative phase with the industry projected to reach a market size of <b>US$1 trillion</b> by 2030.</p>

<h2>A Leader with a Proven Track Record</h2>

<p>A first-generation developer from Mumbai, <b>Vikas Jain</b> succeeds <b>Ridham Gada</b>, who now assumes the role of Vice-Chairman, NextGen. Jain is widely recognized as a turnaround specialist, having revived stressed projects and built Labdhi Lifestyle into a trusted brand within the Mumbai Metropolitan Region (MMR). His leadership is characterized by a strategic, finance-first approach—a philosophy that aligns perfectly with NextGen’s renewed focus on innovation and growth.</p>

<h2>A Vision for Finance, Technology, and Accountability</h2>

<p>As President, Vikas Jain brings a holistic vision for NAREDCO Maharashtra NextGen. He has identified several key priorities for his tenure, including strengthening RERA compliance to enhance accountability and consumer confidence, and driving technology adoption across the real estate value chain to improve efficiency, transparency, and service delivery.</p>

<p><i>“It is an honor to lead NAREDCO Maharashtra NextGen,”</i> said Vikas Jain. <i>“This platform provides an incredible opportunity to empower the next generation of real estate leaders while addressing some of the industry’s most pressing challenges.”</i></p>

<h2>Finance as the Core Theme</h2>

<p>For the year 2025-26, Jain has chosen finance as the central theme. The association’s calendar will focus on deepening members’ knowledge of capital raising, valuations, and access to new capital structures and public finances. <i>“The sector needs to build a credible and transparent ecosystem to attract consistent capital inflows,”</i> he explained.</p>

<p><i>“As a next-generation leader, I believe our approach must be future-ready and multidimensional,”</i> Jain added. <i>“Along with financial reforms, we must professionalize the management of real estate businesses and embed a culture of innovation, governance, and customer-centricity. The goal is to empower the next generation of developers to be not just builders, but responsible, forward-thinking entrepreneurs.”</i></p>

<h2>Industry Leaders Welcome the Appointment</h2>

<p><b>Mr. Prashant Sharma</b>, President of NAREDCO Maharashtra, welcomed the appointment: <i>“Vikas Jain’s entrepreneurial acumen, sharp financial insight, and deep understanding of real estate dynamics make him the ideal choice to lead NextGen. His tenure will be pivotal in advancing financing-led growth, nurturing young professionals, and making the sector more transparent and resilient.”</i></p>

<p><b>Ridham Gada</b>, now Vice-Chairman of NAREDCO Maharashtra NextGen, added, <i>“Vikas brings vision, vigor, and the right focus at a crucial time. With project financing as the central agenda, I’m confident his leadership will catalyze transformative progress for developers and homebuyers alike.”</i></p>

<h2>A Platform for Collaboration and Innovation</h2>

<p>NAREDCO Maharashtra NextGen is committed to fostering a vibrant platform for young professionals to collaborate, innovate, and drive industry reform. Under Vikas Jain’s leadership, the organization is poised to enter a new chapter—one marked by excellence, inclusivity, and innovation in the Indian real estate sector.</p>

A Fresh Vision for Indias Real Estate Future In a defining leadership transition Vikas Jain CEO of Labdhi Lifestyle has been unanimously appointed as President of NAREDCO Maharashtra NextGenthe youthoriented arm of the National Real Estate Development Council Maharashtra This appointment signals a bold new direction for the real estate sector as India prepares for a transformative phase with the industry projected to reach a market size of US1 trillion by 2030 A Leader with a Proven Track Record A firstgeneration developer from Mumbai Vikas Jain succeeds Ridham Gada who now assumes the role of ViceChairman NextGen Jain is widely recognized as a turnaround specialist having revived stressed projects and built Labdhi Lifestyle into a trusted brand within the Mumbai Metropolitan Region MMR His leadership is characterized by a strategic financefirst approacha philosophy that aligns perfectly with NextGens renewed focus on innovation and growth A Vision for Finance Technology and Accountability As President Vikas Jain brings a holistic vision for NAREDCO Maharashtra NextGen He has identified several key priorities for his tenure including strengthening RERA compliance to enhance accountability and consumer confidence and driving technology adoption across the real estate value chain to improve efficiency transparency and service delivery It is an honor to lead NAREDCO Maharashtra NextGen said Vikas Jain This platform provides an incredible opportunity to empower the next generation of real estate leaders while addressing some of the industrys most pressing challenges Finance as the Core Theme For the year 202526 Jain has chosen finance as the central theme The associations calendar will focus on deepening members knowledge of capital raising valuations and access to new capital structures and public finances The sector needs to build a credible and transparent ecosystem to attract consistent capital inflows he explained As a nextgeneration leader I believe our approach must be futureready and multidimensional Jain added Along with financial reforms we must professionalize the management of real estate businesses and embed a culture of innovation governance and customercentricity The goal is to empower the next generation of developers to be not just builders but responsible forwardthinking entrepreneurs Industry Leaders Welcome the Appointment Mr Prashant Sharma President of NAREDCO Maharashtra welcomed the appointment Vikas Jains entrepreneurial acumen sharp financial insight and deep understanding of real estate dynamics make him the ideal choice to lead NextGen His tenure will be pivotal in advancing financingled growth nurturing young professionals and making the sector more transparent and resilient Ridham Gada now ViceChairman of NAREDCO Maharashtra NextGen added Vikas brings vision vigor and the right focus at a crucial time With project financing as the central agenda Im confident his leadership will catalyze transformative progress for developers and homebuyers alike A Platform for Collaboration and Innovation NAREDCO Maharashtra NextGen is committed to fostering a vibrant platform for young professionals to collaborate innovate and drive industry reform Under Vikas Jains leadership the organization is poised to enter a new chapterone marked by excellence inclusivity and innovation in the Indian real estate sector

Vikas Jain leads NAREDCO Maharashtra NextGen, focusing on finance, tech, and transparency for India’s evolving real estate.

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