2 stories from 2 sources
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Prateek Group says its Prateek Grand Begonia project in Siddharth Vihar, Ghaziabad sold 600 homes in FY 2025-26, generating about Rs 1,200 crore in sales value. The project performance is positioned as evidence of rising demand for luxury housing in emerging NCR micro-markets such as Siddharth Vihar.
11:03 AMThe Property TimesThe NCLT Mumbai approved Mantra Properties and Developers' resolution plan to revive a stalled residential project in Worli, Mumbai. The project is estimated to have revenue potential of about Rs 2,000 crore.
9:00 AMEconomic Times RealtySummary
Prateek Group says its Prateek Grand Begonia project in Siddharth Vihar, Ghaziabad sold 600 homes in FY 2025-26, generating about Rs 1,200 crore in sales value. The project performance is positioned as evidence of rising demand for luxury housing in emerging NCR micro-markets such as Siddharth Vihar.
Why it matters
Large-ticket absorption in an emerging Ghaziabad micro-market signals where NCR’s next wave of premium residential supply and capital is likely to concentrate.
Summary
The NCLT Mumbai approved Mantra Properties and Developers' resolution plan to revive a stalled residential project in Worli, Mumbai. The project is estimated to have revenue potential of about Rs 2,000 crore.
Why it matters
A successful restart in Worli can unlock large cash flows and set a precedent that reshapes bargaining power in future insolvency resolutions for stuck Mumbai projects.
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