Ambika Chauhan Aibara, from Parle Products promoter family, purchased two sea-view luxury apartments in Mumbai s Mahalaxmi locality. The apartments are part of the luxury project Raheja Modern Vivarea developed by K Raheja Corp Homes. The recent deals in the tower include purchases by the Halan family and the promoters of Creative Group of Industries. Raheja Modern Vivarea is an under-construction project on a land parcel that previously housed a private textile mill.
The Delhi Development Authority (DDA) has given the green light to the Festival Special Housing Scheme, 2023, making over 32,000 flats available for sale in Dwarka, Loknayakpuram, and Narela. The scheme includes luxury flats, middle-income group flats, and flats for economically weaker sections. Interested buyers can reserve a flat by paying the booking amount, and there is no restriction on owning multiple properties.
Berlin's Tacheles art squat, a symbol of the anything-goes vibe of the city after the fall of the Wall, is completing a disputed transformation into offices, shops and luxury flats.Young artists flocked to east Berlin after the fall of the Wall in 1989, drawn by the low cost of living, and squatted disused buildings including the dilapidated five-storey complex on Oranienburger Street.
The premium residential market in key cities has witnessed remarkable momentum, leading to a significant appreciation in property values and rentals during the first half of the year
The land has been allotted by the Rail and Land Development Authority (RLDA). The housing complex will be set up on 16,000 sq m of land spread across Lodhi Colony and Sewa Nagar localities.