Godrej Properties has made its Hyderabad debut with Godrej Madison Avenue in Kokapet, a hub for multinational firms. The 50-storey tower, spanning three acres, will be its tallest in South India, offering premium 3- and 4-BHK apartments across 1.2 million sq ft. Inspired by Manhattan’s architecture, it caters to the growing demand for sustainable, wellness-focused living. Expected to generate Rs 13 billion in bookings, the project 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.Contact: Godrej PropertiesWebsite: www.godrejproperties.com Smartworld Awards Rs 5.32 Bn Contract to Varindera Smartworld, a leading real estate player in Gurugram, has awarded contracts worth Rs 14 billion (bn) in just six months. For its landmark project, Smartworld Sky Arc, the company has entrusted Varindera Constructions with a Rs 5.32 bn contract. Inspired by Marina Bay Sands, Sky Arc spans 6.9 acre with over 900 units in its first phase. The project sold out within 36 hours and has since appreciated by over 20 per cent. Construction begins in Q1 2025, with completion in five years. Meanwhile, Smartworld is set to deliver 5 million sq ft across its inaugural projects, with 6,000 satisfied customers.Contact: +91 8882 882 882 Website: www.smartworlddevelopers.comEmail- info@smartworlddevelopers.com Tel- 1800-572-1000 IHCL Expands Karnataka Presence with New HotelThe Indian Hotels Company (IHCL) has signed a new hotel in Mysore, marking the debut of its iconic Taj brand in the city. Located at the foot of Chamundi Hills, the 141-key Taj Mysore blends Indo-Saracenic architecture with modern luxury. Spread over 5.03 acre, it offers fine dining, a spa, a gym, and a spacious 11,000 sq ft banqueting area. This partnership with DM South India Hospitality reflects IHCL’s commitment to expanding in key markets. With this addition, IHCL’s Karnataka portfolio grows to 23 hotels, including 10 under development.Contact: IHCLWebsite: www.ihcltata.com Email - info@ihcltata.com Elan to Invest Rs 30 Billion in Ultra-Luxury Housing in GurugramReal estate developer Elan Group is set to invest approximately Rs 30 billion in an ultra-luxury housing project on Dwarka Expressway, Gurugram. Named Elan The Emperor, the development in Sector 106 is part of a 50-acre township featuring residences, a high-end mall, a luxury hotel, and premium office spaces. The project will comprise 600 units across 2.9 million sq ft. Renowned international consultants, including SWA, UHA London, WET Design, CD+M, HBA, and Thornton Tomasetti, are involved, with Leighton Group handling construction. Elan Group’s portfolio spans 15 projects across residential, retail, and commercial sectors, covering 25 million sq ft.Contact: Elan GroupWebsite: www.elanlimited.com Email: contact@elanlimited.com Tel -  +91 1244101100Mumbai Sees 12% Rise In Property Registrations In JanuaryMumbai’s property registrations surged 12 per cent Y-o-Y to 12,249 units in January 2025, the highest in 13 years for the month, according to Knight Frank India. In comparison, 10,967 units were registered in January 2024, while December 2024 saw 12,418 registrations. Overall, Mumbai city recorded a 13-year high of 1,41,202 property registrations in 2024, an 11 per cent increase from the previous year, driven by strong housing demand. December alone generated Rs 11.34 billion in revenue, with residential properties accounting for 80 per cent of total registrations. In December 2023, 12,285 properties were registered, showing consistent growth in the city’s real estate sector.Contact: Knight Frank IndiaWebsite: www.knightfrank.co.in Tel- 91+ 22 6745 0101Simpliwork Offices Leases 1.5 Lakh Sq Ft In BengaluruBengaluru-based Simpliwork Offices has leased over 1.5 lakh sq. ft. in Embassy Manyata Business Park under a five-year deal worth Rs 1 billion. The company will invest Rs 400 million (mn) in designing and developing the space, catering to businesses seeking ready-to-move-in offices and fully customisable solutions. Embassy Manyata, spanning 14 million sq. ft., is a key commercial hub in North Bengaluru. Simpliwork, with a portfolio of 4.2 mn sq. ft. across major cities, operates 85 centres nationwide. The company expects fiscal revenues of Rs 850 mn, up from Rs 78 mn last year, with EBITDA margins projected between 18.5 per cent and 21 per cent. Contact: Simpliwork OfficesWebsite: https://simpliwork.com/ Tel - +91 8951916251Odisha Approves 225,000 Houses Under Antyodaya Gruha YojanaThe Odisha Cabinet, led by Chief Minister Mohan Charan Majhi, has approved 225,000 pucca houses under the Antyodaya Gruha Yojana over three years, with a budget of Rs 75.5 billion. Eligible families, excluded from previous housing schemes, will receive Rs 120,000 million to build 25-sq m cement-roofed homes. Priority goes to disaster-affected, displaced, disabled, and Forest Rights Act beneficiaries. Families completing houses within four and six months of the first instalment will get incentives of Rs 20,000 and Rs 10,000, respectively. Asbestos, tin, and tile-roofed houses are excluded. The scheme includes newly formed families, defining them as a husband, wife, children, and dependent parents.Kolte-Patil to Develop 22-Acre Project in PuneKolte-Patil Developers has signed a joint development agreement for a 22-acre residential or mixed-use project in Pune. Located in Wadgaon Khurd on Sinhagad Road, the project has an estimated Gross Developable Value (GDV) of Rs 40 billion ($480 million) and a saleable area of around 5 million sq ft. Falling within Pune Municipal Corporation limits, it aligns with the company’s urban expansion strategy. Kolte-Patil has delivered over 64 projects across Pune, Mumbai, and Bengaluru, covering 28 million sq ft Contact: Kolte-Patil DevelopersWebsite: www.koltepatil.comTel: +91 20 6622 6500Kalpataru Secures Two Projects With Rs 20 Bn Revenue PotentialReal estate firm Kalpataru has secured redevelopment deals for two large housing societies in Chembur and Goregaon, with a combined revenue potential of Rs 20 billion. The company paid over Rs 270 million for these transactions, as per CRE Matrix. The Chembur project, Suman Cooperative Housing Society, spans five acre with 136 residences, while the Goregaon project is in Bangur Nagar. Kalpataru is actively expanding its redevelopment portfolio across Mumbai’s western suburbs.Contact: Kalpataru Website: www.kalpataru.comTel: +91 22 3064 3065Tribeca Developers to Launch Mixed-Use Project in PuneTribeca Developers has announced an upcoming mixed-use real estate project in Pune, spanning 800,000 sq ft. The project, which integrates luxury residences with high-end retail spaces, is expected to generate revenue exceeding Rs 10 billion. Pune’s real estate market continues to thrive, with growing demand for premium residential and commercial developments. The city’s infrastructure expansion, including metro connectivity and IT sector growth, has made it a hotspot for investors. Tribeca’s new venture aims to cater to the city’s rising affluent homebuyers while offering prime retail opportunities, strengthening Pune’s position as a key real estate investment destination.Contact: Tribeca DevelopersWebsite: www.tribecadevelopers.com Tel- +91-7506909221