Ariana in Borivali (East)

Paradigm Realty group has launched Ariana Residency in collaboration with Dotom Realty at Borivali East, Mumbai. Set amidst landscaped gardens, this well-planned gated community project is in proximity to commercial destinations like Andheri, Goregaon and Malad. It will have 400 apartments spread across four wings, each comprising 21 floors with the provision of 1 and 2.5 BHK budget homes taking the affordability factor of buyers into consideration. One BHK apartment will cost Rs 60 lakh onwards, according to Parth Mehta, Managing Director, Paradigm Realty.  “We are focusing on budget homes, which are affordable for the common man. Our approach concentrates on perfect planning, designing, constructing and making premium project”, he added.

PropUrban enters Indian market

Online-to-offline (O2O) platform PropUrban has announced the launch of its operations in India. With real-time data as its core strength, the company has a strong research and advisory wing to help clients make informed property decisions.Based out of Bangalore, PropUrban is a technology-driven platform to showcase, search and transact real estate business. It aggregates and showcases properties listed by individuals and institutional sellers to global investors and end-users, thereby making it an ideal platform for industry service providers and vendors. “With real-time data, innovation, flexibility, superior value products and enhanced online and offline offerings deeply embedded in our DNA, PropUrban aims to be a one-stop solution for anything that is ‘real estate',” said founder and CEO PropUrban, Mir Jaffer Ali.

Tata Housing’s two projects in Maldives

Realty firm Tata Housing has expanded its footprint to Maldives with the launch of two luxury housing projects in Male earlier this week. The real estate arm of the Tata group, has launched two high-end property developments at Odeon and Nadhee. “The projects will be developed by Apex Realty Pvt Ltd, a joint venture between Tata Housing Development Company Ltd and SG 18 Realty Pvt Ltd,” Mumbai-based Tata Housing said in a statement.

Tata Housing, which entered Maldives market about 5 years ago, has already completed a social housing project in the island country in partnership with the Maldives government. The project Luxa One at Odeon will be the first project in Male. “Located at the retail and residential luxury hub of the island, Majeedhee Magu, Luxa One is spread across 10,000 sq ft comprising of 54 luxury, 3-bedroom apartments," it said. The second project at Nadhee is built across 21,000 sq ft, located in Sosun Magu and comprises 72 luxury, 3-bedroom apartments and retail areas.  — TNS