Tamil Nadu Cabinet approves projects worth over Rs 200 billion

Aurum PropTech Acquires PropTiger from REA India for Rs 860.45 Mn

Aurum PropTech has acquired 100 per cent equity in home brokerage platform PropTiger Marketing Services India from REA India in an all-stock deal valued at Rs 860.45 million. The acquisition is part of Aurum’s broader strategy to strengthen its footprint across the real estate technology ecosystem.In a regulatory filing dated July 23, Aurum announced that its Board had approved the preferential allotment of 42,42,537 equity shares (face value Rs 5) to REA India Pte, Singapore, in consideration for the acquisition.As part of the agreement, REA India will receive a 5.5 per cent equity stake in..

Sunteck Realty Signs JDA for Rs 12-Bn Project on Mira Road

Mumbai-based Sunteck Realty (SRL) has entered into a joint development agreement (JDA) to develop a 3.5-acre land parcel in Mira Road, Mumbai. The project, with an estimated gross development value (GDV) of Rs 12 billion, will add approximately 5.5 lakh square feet of carpet area to the company’s portfolio.The land parcel, measuring about 13,500 square metres, is strategically located along the Western Express Highway, offering excellent connectivity via the upcoming Metro Line 9 (Miragaon Station), and proximity to Dahisar and Mira Road railway stations.This marks Sunteck’s continued expa..

Pankaja Munde Lauds CREDAI-MCHI for Tree Plantation in Beed

CREDAI-MCHI has received a second letter of appreciation from Smt. Pankaja Gopinath Munde, Maharashtra’s Minister of Environment & Climate Change, for planting 2,000 tree saplings at Bhagvan Bhaktigad, Sawargaon Ghat in Patoda, Beed. The initiative aligns with the state’s Green Maharashtra Mission and Van Mahotsav drive. In her letter, the Minister commended CREDAI-MCHI’s environmental contribution as a step towards long-term ecological balance and climate resilience. Domnic Romell, President, CREDAI-MCHI, said: “We are deeply honoured to receive this recognition... The p..