Bollywood stars have a fancy for high end residential properties. More recently Bollywood celebrity-actor Ranveer Singh is making headlines with the reported purchase of a twin super luxury residential property in Mumbai’s tony Bandra Bandstand . These two sea-facing residential units- a 16th floor apartment and a triplex , spanning 17 to 19 floors in Sagar Resham residential building. which houses lavish 4-5 bedroom apartments.
Spread over 11266 sq ft carpet area with a 1300 sq ft terrace , the twin home , in close vicinity of the residences of film stars Shahrukh Khan and Salman Khan, is said to have cost Ranveer Singh a whooping sum of Rs 119 crore.
Supertech Hotels & Malls on Sale
Noida-based realty firm Supertech has decided to put its four commercial projects for sale, targeting to raise around Rs 1000 crore. These commercial assets include 2 hotels and two shopping malls in Meerut and Haridwar.
Supertech which has been making unsavoury headlines with regard to Supreme Court’s order to demolish two towers of its highrise Emerald Court Society in Noida, wants to utilise the money raised through the sale of malls and hotels to complete its unfinished projects besides repaying the debt.
Kolkata’s leading real estate company-Merlin Group which has a pan India presence in Chennai, Ahmedabad, Raipur, Bhubaneswar , besides Sri Lanka, with over 20 million sq ft of developments, has now entered the high potential Pune market.
The Merlin Group has announced the launch of 18 East, a plush commercial development in Pune’s high end Koregaon Park Annexe . Beginning with this commercial project, Merlin has chalked out an ambitious plan to develop 30 lakh sq ft real estate with a host of premium residential and commercial projects in Wakad, Baner and Jambhulwadi , besides Koregaon.