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Godrej Properties Launches Premium Project in Hyderabad
Real Estate

Godrej Properties Launches Premium Project in Hyderabad

Godrej Properties has entered Hyderabad’s thriving real estate market with its first residential project, Godrej Madison Avenue, in Kokapet, a hub for multinational companies. The 50-storey tower, spanning three acre, will be the company’s tallest in South India, offering premium 3- and 4-BHK apartments across 1.2 million sq ft of saleable area. Inspired by Manhattan’s architecture, the project caters to the demand for sustainable, wellness-focused living. Expected to generate `13 billion in bookings, the development capitalises on Kokapet’s strategic location. Hyderabad’s residential market saw a 12 per cent sales growth and an 8 per cent price rise in 2024.

Brigade Group set to Expand its Footprint in Kerala

Brigade Enterprises has signed an MoU with Technopark to develop a World Trade Center (WTC) and supporting infrastructure, including a business hotel, in Thiruvananthapuram. Spanning 1.5 million sq ft across multiple towers, the WTC will attract IT MNCs and offer Grade A office space, creating over 10,000 direct and indirect jobs. Following the success of WTC Kochi, where its third tower is underway, Brigade plans to invest `15 billion in Kerala. M.R. Jaishankar noted the project will become a landmark.

Contact: Brigade Enterprises

Website: www.brigadegroup.com

Private Equity Investment in Indian Real Estate Hits $2.82 Billion

Private equity (PE) investment in Indian real estate grew by 6 per cent to $2.82 billion in the first nine months of FY25, despite a decline in the number of deals, from 30 in FY24 to 24 in FY25, reports Anarock Property Consultant . The report further noted a 32.5 per cent increase in average deal size, rising from $88.5 million to $117.3 million. The industrial sector dominated, capturing 62 per cent of total investments. Bengaluru led transactions with 11 per cent. The residential sector PE investment increased to 15 per cent, commercial real estate activity remained subdued due to high interest rates.

Contact: Anarock Property Consultant

Website: www.anarock.com

Bihar Issues e-tenders for 3 Five-Star Hotels in Patna

The Bihar Government has initiated plans to build three five-star hotels in Patna to promote tourism and strengthen the state’s industrial ecosystem. The Bihar State Tourism Development Corporation (BSTDC) has

issued e-tenders for developers under a publicprivate partnership model. The hotels will be built at Hotel Patliputra Ashok, Bankipore Bus Stand, and Sultan Palace. Approved on September 10,2024, developers will receive 90-year lease rights, with a 60-year initial lease. Bids are due by February 10, 2025 employment.

MHADA Offers Relief to Master List Beneficiaries

The Mumbai Building Repair and Redevelopment Board of Maharashtra Housing and Area Development Authority (MHADA) has decided to grant conditional possession of tenements to the close heirs of eligible original tenants from the master list lottery. Announced by MHADA Vice President, the decision follows a lottery for 265 eligible tenants from old cess buildings. Many original tenants had passed away, and delays in obtaining legal heirship certificates were causing holdups. MHADA directed that eligible heirs (spouses, children, or parents) could be granted conditional possession with a “No Objection Certificate” from other relatives within six months.

Godrej Properties has entered Hyderabad’s thriving real estate market with its first residential project, Godrej Madison Avenue, in Kokapet, a hub for multinational companies. The 50-storey tower, spanning three acre, will be the company’s tallest in South India, offering premium 3- and 4-BHK apartments across 1.2 million sq ft of saleable area. Inspired by Manhattan’s architecture, the project caters to the demand for sustainable, wellness-focused living. Expected to generate `13 billion in bookings, the development capitalises on Kokapet’s strategic location. Hyderabad’s residential market saw a 12 per cent sales growth and an 8 per cent price rise in 2024.Brigade Group set to Expand its Footprint in KeralaBrigade Enterprises has signed an MoU with Technopark to develop a World Trade Center (WTC) and supporting infrastructure, including a business hotel, in Thiruvananthapuram. Spanning 1.5 million sq ft across multiple towers, the WTC will attract IT MNCs and offer Grade A office space, creating over 10,000 direct and indirect jobs. Following the success of WTC Kochi, where its third tower is underway, Brigade plans to invest `15 billion in Kerala. M.R. Jaishankar noted the project will become a landmark.Contact: Brigade EnterprisesWebsite: www.brigadegroup.comPrivate Equity Investment in Indian Real Estate Hits $2.82 BillionPrivate equity (PE) investment in Indian real estate grew by 6 per cent to $2.82 billion in the first nine months of FY25, despite a decline in the number of deals, from 30 in FY24 to 24 in FY25, reports Anarock Property Consultant . The report further noted a 32.5 per cent increase in average deal size, rising from $88.5 million to $117.3 million. The industrial sector dominated, capturing 62 per cent of total investments. Bengaluru led transactions with 11 per cent. The residential sector PE investment increased to 15 per cent, commercial real estate activity remained subdued due to high interest rates.Contact: Anarock Property ConsultantWebsite: www.anarock.comBihar Issues e-tenders for 3 Five-Star Hotels in PatnaThe Bihar Government has initiated plans to build three five-star hotels in Patna to promote tourism and strengthen the state’s industrial ecosystem. The Bihar State Tourism Development Corporation (BSTDC) hasissued e-tenders for developers under a publicprivate partnership model. The hotels will be built at Hotel Patliputra Ashok, Bankipore Bus Stand, and Sultan Palace. Approved on September 10,2024, developers will receive 90-year lease rights, with a 60-year initial lease. Bids are due by February 10, 2025 employment.MHADA Offers Relief to Master List BeneficiariesThe Mumbai Building Repair and Redevelopment Board of Maharashtra Housing and Area Development Authority (MHADA) has decided to grant conditional possession of tenements to the close heirs of eligible original tenants from the master list lottery. Announced by MHADA Vice President, the decision follows a lottery for 265 eligible tenants from old cess buildings. Many original tenants had passed away, and delays in obtaining legal heirship certificates were causing holdups. MHADA directed that eligible heirs (spouses, children, or parents) could be granted conditional possession with a “No Objection Certificate” from other relatives within six months.

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India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

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India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

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Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

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