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The new 156,184 sq ft scheme designed by Squire & Partners will deliver around 200 new hotel bedrooms, as well as a ground-floor restaurant and top-floor bar and small function rooms at the basement level with a capacity of up to 300. The site is owned by Flora Developments, a subsidiary of ABIL Infraprojects, an [...]

The dapper managing director of the realty major ABIL Group is known for his tenacity and for making things happen despite all odds. While the ABIL Group was founded by his father, Avinash, Amit Bhosale is most passionate about the hospitality segment. Among the big moves ABIL has made this year is the acquisition of [...]

Construction Week Online- In a closely contested auction, Pune-based realty developer ABIL Group has acquired an eight-storey commercial building at Trafalgar Square in London for nearly £100 million, or Rs 900 crore, from American global investment management corporation Black-Rock. Original Source

TimesofIndia- The six-decade-old Kamal Amrohi Studios, aka Kamalistan, in Mumbai, founded by the eponymous film director and the shooting locale for some of Bollywood’s biggest hits, will be redeveloped as the single largest commercial office park in the city. Original Source

Economic Times- City-based real estate firm ABIL has bought over 1 million square feet Nitesh Hub Mall on Koregaon Park Road for Rs 276 crore. Original Source

DNA India Italy'sVersace has tied-up with real estate brand Unity Group to create 160 branded luxury apartments spread across two 46-storey twin towers in New Delhi. The brand has another ongoing project in India in partnership with the real estate brand ABIL Group, offering bespoke luxury residences in South Mumbai that have a creative touch [...]

Times of India- PUNE: All the shops and brand stores located in Nitesh Hub Mall on Koregaon Park Road have emptied out or are in the process of winding down as footfalls have remained weak at the mall and business unsustainable. Original Source

Economic Times- Realty developer Nitesh Estates has sold its 1-million-sq-ft shopping mall in Pune’s Koregaon Park and reduced consolidated debt by Rs 407.88 crore. Through this deal, Goldman Sachs Investments (Mauritius), an investor in this development has been given its exit on debentures. With this de-leveraging, the company has brought down its net consolidated debt [...]

Times of India- City-based real estate firm ABIL has bought over 1 million square feet Nitesh Hub Mall on Koregaon Park Road for Rs 276 crore. Original Source

Economic Times- ABIL Group (Avinash Bhosale Group) has sold a 5-acre land parcel in Pune’s plush Koregaon Park locality to another Pune-based realtor Pristine Properties for about Rs 150 crore. Following the said land acquisition, Pristine Properties has brought in another realty developer Amar Builders through a development management agreement (DMA) to execute a commercial [...]