Supertech to expand geographical presence before IPO
Supertech Limited plans to expand its geographical presence before filing DRHP with market regulator SEBI for its IPO in around a year’s time.
Supertech Limited plans to expand its geographical presence before filing DRHP with market regulator SEBI for its IPO in around a year’s time.
Tata Housing Development Co. Ltd. has announced the launch of their new residential project in Gurgaon – Primanti, a premium luxury housing complex.
The project comprises two towers that symbolize the fusion of past and future. Experion Elements claims to incorporate advanced smart building technology and sustainable practices, such as a low-density design to minimize its ecological footprint. The project aims to balance sustainable geography with cutting-edge architecture, offering a tranquil living environment with diverse plant life, intricate raindrop patterns, and serene water features.
The proposed project, namely Belicia, has been floated by Prescon Group (The real estate arm of Nitin Castings) and House of Hiranandani. ‘Belicia’ offers a range of apartments with configurations of 2, 3 & 4 BHK homes, featuring carpet areas ranging from 779 sq ft to 1546 sq ft, starting at INR 1.85 crore onwards. Each apartment is designed with marble flooring in the living, dining, and bedroom areas, complemented by large decks, ample natural light, ventilation, and select residences featuring foyer areas for enhanced privacy. The project boasts of providing residents with panoramic views of the city and the serene Yeoor Hills with the first habitable floor starting from the 7th level.
Ramneek Patel, an MNC executive in Gurugram is on a company leased accommodation and the HR is deducting INR 40,000 per month for his rented apartment. Now that the Goods & Service Tax (GST) has been imposed for rental residential units to companies, he has been told by the company that the said liability will be passed on to the employees living in company leased apartments. They can otherwise find an apartment on their own.
CapitaLand’s developments underway in India include 17.9 million sq ft of business park space in Bangalore, Chennai, Gurgaon, Hyderabad and Pune when completed. Another 7.2 million sq ft through forward purchases have been signed up and are under construction. This includes IT parks in Mumbai and Hyderabad, a seventh warehouse at Arshiya Free Trade Warehousing Zone, Panvel, near Navi Mumbai, and BlueRidge 3, an IT/ITES Special Economic Zone development in Hinjewadi Phase 1 in Pune. CapitaLand is also building up a logistics asset portfolio in India with 4.3 million sq ft planned for development.
Piramal Realty has launched Ravit at Piramal Revanta, its 12 acre development in Mulund, Mumbai. Strategically located, the new tower enjoys excellent connectivity and offers 1, 2 & 3-Bed residences.
Piramal Realty has launched second tower, Arav, at its 7 acre signature development, Piramal Aranya. Situated in the heart of Byculla, Piramal Aranya promises to define premium living that encapsulates the plush and culturally poised neighborhood.
The projects – Signature Island, Signia Isles and Signia Pearl are home to some of the biggest names in Bollywood and C-level executives of leading banks, corporates and global conglomerates.
The quintessential offering of this project is views of the 225 acre Mahalaxmi Racecourse, uninterrupted views of the Arabian Sea on the horizon, Willingdon Golf Course and the expansive Mumbai Harbour.