According to three people in the know, it is exploring various options, including alliances and joint ventures, and may even exit the business altogether.
Raheja, who was returning from London, was arrested on Wednesday night at the Mumbai International airport for evading payment of customs duty.
Raheja's IT SEZ planned at Verna industrial estate had faced stern opposition from the locals and the state government even after it was notified by the Union commerce ministry's board of approval. The state government has written to the Union commerce ministry seeking to denotify Raheja's SEZ along with two others.
In a breather to the Mumbai-based realty developer G L Raheja group in its long-drawn legal battle with Wadia Group Chairman Nusli Wadia over a 478-acre prime plot in Malad, Mumbai, the Bombay High Court on Thursday allowed an appeal filed by a Raheja unit against an earlier order, which was in favour of Wadia.
Tatas' drive into Sanand area for their Nano project has given a major fillip to Mumbai-based real estate major K Raheja Corp to set up its support infrastructure projects in the area.
Because of Mukesh's much-hailed association with Raj Kapoor, it is often overlooked that the singer has also scored hits with almost all major heroes. On Mukesh's 102nd birth anniversary on July 22, Dinesh Raheja recalls some of his classic songs.
'Bappi Lahiri was looking for a break so he and his father would meet me.' 'I told Director Bhisham Kohli about this promising young boy from Kolkata, and Bappi came over with his harmonium.' 'Bappi played this composition and Bhisham liked it immediately.' 'As we were discussing, I said I would give the words, and that's how I wrote this song.'
Kareena has been a leading lady now for 25 years, Deepika for almost two decades and Alia for over a decade. Dinesh Raheja chronicles the changing ways Bollywood has treated actor-moms.
'If I'm playing Shah Rukh Khan's role, then of course, I would have loved to do it.'
The Odisha government had entered into a memorandum of understanding with the K Raheja Corporation in 2008 for setting up an IT park in the Mancheswar industrial estate area
'The industry has never accepted me.' 'When I was shooting Aashiqui, I would hear comments like, "Yeh toh bahut lambi hai. Heroine nahin dikhti hai".' 'Aashiqui became such a big hit, and you know how the industry is.' 'You have success, then you have everything.'
Renowned realtors are shying away from the private equity (PE) route to raise funds.
Realty player Raheja Developers will build up to 30,000 apartments in the affordable housing category in the National Capital Region in the next two years, which will be offered at Rs 4-25 lakh.
'Dharmendra was paying a little extra attention to me and she didn't like it.'
'Those were not kind days for a woman with a break-up. The world has changed; today, nobody cares.'
'Alaya has kept her career disconnected from me in every way.' 'She wanted to achieve success by herself without any help or interference.'
As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
Punjab's Abhishek Sharma hammered a 96-ball 170 against Saurashtra, while Jharkhand's Utkarsh Singh's 91 fired his team to a big win against Odisha
The Board of approval in the commerce ministry took these decisions along with approving two fresh proposals of Shyam Steel Industries and Limitless Properties in West Bengal and Tamil Nadu, respectively. The BoA also ratified extension of time to 23 developers, including Satyam Computer Services, for implementing tax-free enclaves in the wake of economic slowdown.
'I saw Bimal Roy's Devdas again a few years ago, almost 50 years after it had been made.' 'I found it very intelligently made; the scenes flowed so beautifully.' 'There is just one scene with both Suchitra Sen and me in the film, and it's beautiful.'
Delighted by the Centre's move to notify the implementation of the Citizenship (Amendment) Act, 2019 (CAA), nearly 2,000 Pakistani Hindus living in Nagpur are preparing to seek Indian citizenship.
'Even today, though my hair looks different, people recognise me wherever I go. They come up and say 'Aap Maine Pyar Kiya mein thi, na?' I think it's going to follow me to the grave.'
Realty firm Raheja Developers on Thursday said it would construct over 17,000 residential units in next five years aiming to generate revenues of nearly Rs 4,100 crore (Rs 41 billion).
'Shreya (Ghoshal) ma'am said she hasn't heard a voice like mine before, and added that even in the future, there won't be another voice like mine.'
Today's Hindi film mothers are younger, trendier, more mischievous. But, truth be told, says Dinesh Raheja, I still do miss sometimes the comforting presence of the trad mother.
'K Asifsaab was very definite that 'woh Hindustan ka honewala Badshah hai -- woh gana nahin gayega.'
'My mom had told me a great deal about Meena Kumari and how she could make a tear drop at the right moment. A legend who was in total control. But when I finally met her, I saw a frail, shrivelled and petite woman -- just a bag of bones. Very tiny. She was dying.'
The JV is expected to invest Rs 2,300 crore (Rs 23 billion) in the next three years. The focus will be on retail and industrial logistics, including that of auto, auto components and other sectors. The JV plans to build 7.5 million sq ft of warehousing space in the next three years and 25 million sq ft in five years. The JV has acquired 27 acres in Pune so far and is in the final stages of buying nearly 460 acres in Mumbai, Chennai, Delhi, Bengaluru and Kolkata, among others.
The Rahejas and Star TV are together selling 15 per cent in cable network operator Hathway Cable to private equity firm ChrysCapital.
'I didn't like doing jhatak-mataks. I would subconsciously start feeling, 'Oh my God, my makeup man and my driver will be watching this.''
Real estate developer K Raheja Universal Private Ltd wants to scrap one of their notified special economic zones and also surrender a part of another zone, citing lack of demand from the information technology sector.
Dinesh Raheja looks back at Manoj Kumar's brilliant 1964 thriller Woh Kaun Thi, and explains just what made it an audio-visual treat.
The Bachchan family have this knack of going out of their way to make you feel extremely comfortable.
'Being signed on as the leading man of Hero came to me like a bolt out of the blue.'
