Mumbai-based developers Macrotech Developers (Lodha) and Oberoi Realty have emerged as top gainers among largecap realty stocks over the past month, with gains ranging from 29 per cent to 33 per cent. Strong ongoing sales trends in Mumbai's core market, record bookings in the January-March quarter, and healthy guidance for 2024-25 (FY25) have propelled these companies, which derive the majority of their revenues from India's financial capital.
Naming the Bandra-Worli sea link after former Prime Minister Rajiv Gandhi has spawned a political controversy, with Opposition Sena-BJP demanding that it be named after Veer Savarkar and CPI rooting for it to be named after legendary Maratha admiral Kanhoji Angre.
With the rise of ultra-luxury housing in India comes ultra-customised marketing. Developers selling high-end homes, priced above Rs 20 crore, are moving away from traditional marketing for these homes to newer methods, such as painstaking profiling of customers before showing them the property, augmented reality for visualisation of interior decor, virtual tours, and closed-door international shows. There is also marketing through online ads, social media influencers, and exclusive memberships.
Rediff.com's American Correspondent has a few thoughts on the newly opened Bandra Worli Sea Link.
As she reached Ayodhya, she said, she felt a new sense of energy.
Uddhav Thackeray claimed the new Narendra Modi government at the Centre, which was sworn in on June 9, will collapse and will be replaced by an INDIA bloc dispensation.
Furniture retailer Ikea India on Thursday said it will shut down its store in Mumbai's R City Mall by the middle of this year and explore omnichannel formats in the city. The store at R City Mall, which is spread across 72,000 sq ft, opened in June 2022 to test the viability of small-format stores. The company's plan to shut down the store illustrates the concerns surrounding the viability of running a small-format store, given the rising rentals.
Congress Party President Sonia Gandhi inaugurated the Bandra Worli Sea Link on June 30, 2009.
According to sources, Piramal has plans to sell part of Gulita, his sea-facing property in Worli, Mumbai, for Rs 450-500 crore (Rs 4.5-5 billion).
The countdown has begun for the inauguration of the much awaited Bandra Worli sea link -- an ambitious, eight lane, twin carriageway -- built over the Mahim creek of the Arabian Sea.
Custody of Indrani Mukerjea, arrested for killing her daughter, Sheena Bora ends on Monday
"I am also challenging these 13 turncoat MPs and 40 MLAs to resign and contest elections again and see if they can get elected," he added.
He was accompanied by his father, Shiv Sena president Uddhav Thackeray, and mother Rashmi while filing nomination papers.
Both Oberoi Realty and Ritz-Carlton refused to share further details of the management contract stating confidentiality.
The Maharashtra State Road Development Corporation (MSRDC), on Tuesday said that there were no cracks or leakages on the recently inaugurated Bandra-Worli sea link bridge. MSRDC, alongwith Hindustan Construction Company (HCC) and Dubai-based DAR Consultants, denied the presence of any cracks or leakages, through a joint press statement.
The Bandra-Worli Sea Link, which was inaugurated by United Progressive Alliance chairperson Sonia Gandhi in Mumbai on Tuesday, will be named as Rajiv Gandhi Setu.
MSRDC wants to complete this process before exploring options of arbitration and termination of concession agreement signed with the RSOPL for the project.
Two and three-wheelers would not be allowed to ply on the Bandra-Worli sea link, to be opened on Tuesday by United Progressive Alliance Chairperson Sonia Gandhi.
Shiv Sena-Uddhav Balasaheb Thackeray president and former Maharashtra chief minister Uddhav Thackeray has been sent an invitation by speed post for the Ram temple consecration ceremony to be held in Ayodhya on Monday.
The steel wire used to build this engineering marvel is equivalent to the circumference of the earth.
Ghazal maestro Pankaj Udhas's last rites were performed with full state honours.
The developers, Reliance Sea Link One Pvt Ltd -- a joint venture between the Anil Dhirubhai Ambani group's Reliance Infrastructure and Hyundai Engineering -- is ready with the financial closure for the project after MSRDC submitted a no-objection certificate from its bond holders to the joint venture company.
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Wielding sticks and hurling stones, hordes of the Maharashtra Navnirman Sena workers on Tuesday vandalised a toll plaza at the iconic Bandra-Worli Sea Link, even as the state's police chief said their leader Raj Thackeray's "provocative" speech that triggered the violence was being examined.
The Maharashtra State Road Development Corporation (MSRDC) on Monday said that Reliance Infrastructure-Hyundai consortium would build the sealink between Worli and Haji Ali.
The Bandra-Worli Sea Link, which was opened to the public on July 1, had been kept free of toll for the first few days. But, from Monday onwards, the toll charges will be Rs 50 one way to use the bridge.
Achieving a major milestone, the Mumbai civic body on Tuesday completed the excavation of a second underground tunnel of the coastal road project at Priyadarshini Park in the city, while Maharashtra Chief Minister Eknath Shinde said the key infrastructure venture will be extended to the distant suburb of Virar.
Asia's most prestigious marathon was held after three years and Mumbaikars made most of a rare opportunity to run around iconic city landmarks like the Queen's Necklace at Marine Drive and the Rajiv Gandhi Bandra-Worli Sea Link on a chilly Sunday morning.
Pharma major GlaxoSmithKline Pharmaceuticals Ltd has sold its Worli plot for Rs 107.6 crore (Rs 1.08 billion) to I-Ven Realty Ltd, a joint venture between ICICI Venture Funds Management Company Ltd and Oberoi Constructions.
Former Maharashtra minister and Shiv Sena-Uddhav Balasaheb Thackeray leader Aaditya Thackeray on Monday claimed nearly '50 people', including 'some middlemen' and personal assistants, will be part of the delegation that will travel with Chief Minister Eknath Shinde for the World Economic Forum (WEF) gathering in Davos, Switzerland.
Thackeray claimed that the construction of the bridge was completed two weeks ago but it was not opened to the public as Maharashtra Chief Minister Eknath Shinde had no time to inaugurate it.
Speaking at a "people's court" and holding a "mega press conference", Thackeray said his fight would decide whether democracy survives in the country.
The decisions were taken in the state cabinet meeting chaired by Chief Minister Eknath Shinde.
'Adulting - HARD!!!! Head is swirling with plants and pots and lights and mattresses and plates and cushions and chairs and tables, forks and spoons, sinks and bins. AAAARGH!!! Doing up a house is NOT easy!!!'
The Dahi Handi ritual, part of the Janmashtami festival that marks the birth of Lord Krishna, saw enthusiastic participation by revellers in the metropolis, its adjoining areas and other parts of Maharashtra. The festival was celebrated with traditional fervour and gaiety in Mumbai and other parts of the state.
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