Dhani Services takes over two Indiabulls firms
Real Estate

Dhani Services takes over two Indiabulls firms

Capital market player Dhani Services has ventured into the real estate market with the takeover of Indiabulls Real Estate's subsidiaries, Juventus Estate and Mabon Properties, for Rs 2.40 billion.

The two firms together have a land parcel of 35 acres near Dwarka Expressway in Gurugram. Juventus clocked more than Rs 1 crore in revenues for 2021-22.

The development comes as housing sales in India's major real estate markets shot up by 40% in the first nine months of 2022, even as interest rates kept rising and made housing loans more expensive. The growth of the Indian real estate market and its resilience is making it attractive to investors.

See also:
Mumbai will soon be home to India's tallest tower
Boost in real estate market, highest no. of units registered


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Capital market player Dhani Services has ventured into the real estate market with the takeover of Indiabulls Real Estate's subsidiaries, Juventus Estate and Mabon Properties, for Rs 2.40 billion. The two firms together have a land parcel of 35 acres near Dwarka Expressway in Gurugram. Juventus clocked more than Rs 1 crore in revenues for 2021-22. The development comes as housing sales in India's major real estate markets shot up by 40% in the first nine months of 2022, even as interest rates kept rising and made housing loans more expensive. The growth of the Indian real estate market and its resilience is making it attractive to investors. See also: Mumbai will soon be home to India's tallest towerBoost in real estate market, highest no. of units registered

Next Story
Real Estate

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Next Story
Real Estate

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Next Story
Infrastructure Urban

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement