Sun Pharma's promoter buys two apartments for Rs 130 crore in Mumbai | Shriram Properties sells 3.9 acre land in Chennai for Rs 93 crore
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Vibha Shanghvi, part of the promoter group of listed healthcare major Sun Pharmaceuticals Industries, has purchased two sea-facing luxury residential apartments in central Mumbai’s upscale Worli locality for a total of Rs 130 crore.
Shriram Properties (SPL) has sold 3.9 acre land parcel in Chennai to a healthcare and educational group for Rs 93 crore.
Flexible workspace provider WeWork India has picked up office space spread over a total 1.26 lakh sq ft spanning across three floors in a commercial tower in Mumbai’s Andheri east locality through a long-term lease of over five years.
The Forum for People’s Collective Efforts (FPCE), a pan-India homebuyers’ body, has approached the Ministry of Consumer Affairs, raising concerns about the prevalence of misleading advertisements in the real estate sector and calling for the issuance of targeted guidelines to address the issue and safeguard homebuyers’ interests.
Work at construction sites in Byculla and Borivali East in Mumbai will be stopped after 24-hour notices are issued since the Air Quality Index (AQI) in these areas is constantly over 200, a civic official said.
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