Rekha Jhunjhunwala Acquires Luxury Apartment in South Mumbai's Walkeshwar

28 Mar 2024 CW Team

Renowned investor Rekha Jhunjhunwala has made a significant investment by purchasing a luxury apartment in the upscale neighbourhood of Walkeshwar in South Mumbai. This acquisition underscores Jhunjhunwala's confidence in Mumbai's real estate market and highlights the allure of premium properties in prime locations.

The purchase of a luxury apartment in Walkeshwar reflects Jhunjhunwala's discerning taste and penchant for high-quality real estate assets. Situated in one of Mumbai's most sought-after residential areas, the apartment offers exclusive amenities, breathtaking views, and a prestigious address synonymous with luxury living.

Jhunjhunwala's investment in the Walkeshwar property aligns with her long-term investment strategy, which includes diversifying her portfolio across various asset classes, including real estate. The acquisition of prime residential property underscores her belief in the enduring value and potential appreciation of Mumbai's luxury real estate market.

Furthermore, the transaction is expected to have a positive ripple effect on the local real estate ecosystem, contributing to increased demand for luxury properties in South Mumbai. It also reinforces the neighbourhood's status as a preferred destination for high-net-worth individuals seeking opulent living spaces.

As Jhunjhunwala prepares to take possession of her new luxury apartment in Walkeshwar, stakeholders anticipate a range of benefits, including enhanced property values, improved infrastructure, and heightened prestige for the neighbourhood. The acquisition underscores the enduring appeal of premium residential real estate in Mumbai and highlights Jhunjhunwala's astute investment acumen in identifying lucrative opportunities in the market.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..