Birla Estates buys 24.5 acre land in Mumbai for Rs 5.37 Bn

16 Sep 2024 CW Team

The company stated that, according to the registration document reviewed by Square Yards, Ekamaya Property Pvt Ltd, a wholly-owned subsidiary of Birla Estates Private Limited, had acquired a land parcel measuring 99,021.47 sq m. The transaction, which was completed in September 2024, involved purchasing the land from Hindalco Industries Limited. The company also noted that the deal included a stamp duty of Rs 376.1 million and a registration fee of Rs 30,000.

Real Estate

30 May 2026

Hafele Installs Tallest Movable Wall In Goa

Hafele India has delivered the world’s tallest movable wall at the ONGC Convention & Exhibition Centre in Goa. The installation stands 22 metres high and spans 48.1 metres in width, marking a major engineering milestone for large-format convention spaces.The movable wall has been designed to support flexible space configuration and offers 57 dB sound insulation for improved acoustic performance. Built with 1,500 mm wide panels, the system enables smooth movement and seamless functionality across large spans.Frank Schloeder, Managing Director, Hafele South Asia, said the project reflects ..

Listed Developers’ Pre-Sales Rise 18 Per Cent

The combined pre-sales revenue of India’s top 11 listed real estate developers rose 18 per cent to over Rs 1.48 lakh crore in FY26 from nearly Rs 1.26 lakh crore in FY25, according to ANAROCK Research.The analysis covered Godrej Properties, Prestige Estates, DLF, Lodha, Signature Global, Brigade Enterprises, Puravankara, Oberoi Realty, Kolte-Patil, Keystone and Sobha. Developers with stronger exposure to premium and luxury housing recorded higher growth, led by Prestige Estates at 76 per cent, followed by Puravankara at 48 per cent, Keystone at 33 per cent and Sobha at 30 per cent.ANAROCK sa..

Autodesk To Acquire MaintainX For $3.6 Billion

Autodesk has signed a definitive agreement to acquire MaintainX, a maintenance and asset operations software company, in a deal valued at $3.6 billion. The acquisition will be funded through cash on hand and debt financing and is expected to close later this fiscal year.MaintainX is projected to exceed $135 million in annualised recurring revenue in 2026. Its mobile-first platform helps organisations manage assets, coordinate frontline workflows and track real-world operational data across global operations.Autodesk said the acquisition will support its broader move into connected operations b..