Piramal Sunteck Realty acquired two plots in Navi Mumbai for residential and commercial development, with three others sold to different developers.
India's commercial real estate market is rebounding, driven by rising government revenues and an improving economy. This has led to increased investor inquiries and rental deals.
Lodha Developers offers Rs 710 crore for a 10.3-acre NTC mill land in Mumbai, potentially the largest real estate deal of the year.
Mumbai's commercial real estate market sees revival as Lodha Developers and Indiabulls bid for Finlay Mill, and Kohinoor Mill-1 is set for auction.