Maia Estates Plans Rs 30 Bn Build Across 4 m Sq Ft This Year
Bengaluru-based developer Maia Estates will invest about Rs 30 billion this financial year to launch more than four million square feet of new housing and commercial space, a move that should lift its city footprint towards 2.5 million square feet by March. Founder and chief executive Kalpana Ruia said the pipeline spans prices from roughly Rs 20 million to Rs 120 million, with super-prime residences costing upwards of Rs 15,000 per square foot. The firm recently handed over its flagship scheme, 27 Summit, in just three-and-a-half years; the super-luxury flats there fetch between Rs..
Metro Line 2B Puts Chembur on Track for Rapid Growth
Chembur, once seen as Mumbai’s eastern fringe, is set for a dramatic rise as Metro Line 2B—from DN Nagar to Mandale—nears completion. The 23.6-kilometre corridor, part of the wider Dahisar–Mandale network, will host 20 stations that knit together east–west and north–south routes. Combined with the Eastern Freeway, Santacruz-Chembur Link Road, Monorail, Eastern Express Highway, BKC Connector and other upcoming metro links, the line cements Chembur’s standing as a mobility-rich hub with swift access to commercial centres such as BKC, Lower Parel and Andheri.Enhanced connectivity is..
BDA Lists 133 Plots For E-Auction, Bidding Opens 21 July
The Bangalore Development Authority (BDA) has invited online bids for 133 corner and intermediate residential plots spread across several of its layouts, including Anjanapura Township, JP Nagar Ninth Phase, Sir M Visvesvaraya, BTM Fourth Stage, Banashankari Third Stage, Nagarabhavi Second Stage, HBR First Stage Second Block, Austin Town and Arkavathi Layout Seventh Block at Jakkur. Plot sizes range from about 600 square feet to 4,500 square feet and will be sold on an “as-is-where-is” basis.Prospective buyers must register for the e-auction by 19 July, with live bidding to run from 21 July..
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