Real Estate News

Ajmera Realty and Rustomjee Group Unveil Rs 760 Crore Bandra Redevelopment Project

Mumbai, January 18, 2024, 01:51 PM IST – In a strategic move to tap into the thriving Mumbai real estate market, Ajmera Luxe Realty Private Limited (ALRPL), a joint venture between Ajmera Realty & Infra India Limited (ARIIL) and Keystone Realtors Limited (Rustomjee Group), announced a redevelopment project in the upscale Bandra West. The project, with an ambitious gross development value (GDV) of Rs...

Air India building to be purchased by Maharashtra Govt

Mumbai’s Iconic Air India Building will house Maharashtra Government Departments

In a significant development, the Maharashtra government has approved the purchase of Mumbai's iconic Air India building for a whopping ₹1,601 crore. This move, sanctioned by the state cabinet on November 8, 2023, involves the acquisition of the 22-storey structure from Aira India Assets Holding Limited, responsible for managing Air India's properties. Here are five key aspects shedding light on this...

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