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Inorbit Malls Expands Footprint with INR 400 Crore Acquisition in Hubli, Karnataka

A K Raheja Corp. affiliate, Inorbit Malls (India), has paid approximately ₹400 crore to buy a retail property in Hubli, Karnataka, as a strategic foray into Tier-2 cities. The building, called Akshay Sky Mall, has a gross built-up area of around 650,000 square feet.

By Admin

  • 20th Sep 2024
  • 1197 Views
Maharashtra Leads India in Green Building Certifications

The most Indian Green Building Council (IGBC)-registered projects are in Maharashtra, followed by Uttar Pradesh and Gujarat. Over 7,000 IGBC-certified projects encompass 1,370 million square feet of built-up area in India, demonstrating its dedication to sustainability.

By Admin

  • 6th Sep 2024
  • 1209 Views
IBM Secures Presence in Bengaluru with INR 143 Crore Annual Lease Renewal at Embassy REIT Property

IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant

By Admin

  • 31st Aug 2024
  • 1227 Views
Table Space Secures USD 100 Million for Major Asset Acquisitions in Key Urban Centers

Table Space, a managed workspace provider, will spend $100 million (₹840 crore) in office assets, include a ₹450 crore agreement with Panchshil Realty for 900,000 square feet of space in Pune. Table Space will make many acquisitions to extend its presence in India's main cities.

By Admin

  • 21st Aug 2024
  • 1214 Views
Smartworks Enters International Market with 35,000 sq ft Lease in Singapore

Flexible workspace provider Smartworks has expanded internationally by leasing 35,000 square feet of office space in Singapore. Smartworks is one of the first Indian flexible workspace companies to operate abroad.

By Admin

  • 21st Aug 2024
  • 1185 Views
WeWork India Expands with 140,000 sq ft of New Office Space in Bengaluru and Noida

WeWork India leased 140,000 square feet of office space in Bengaluru and Noida to accommodate flexible workspace demand. Their portfolio will grow by 2,400 seats with these additional offices opening between September and October.

By Admin

  • 26th Jul 2024
  • 1208 Views
Nexus REIT Eyes Acquisition of Chennai's Iconic Marina Mall to Expand Portfolio

Nexus Select Trust, a major REIT, is in talks to buy Chennai's Marina Mall, which has about 600,000 square feet of retail space. Direct sources said Nexus Select Trust's growth plan included this substantial move.

By Admin

  • 25th May 2024
  • 1272 Views
Signature Global Achieves Remarkable Sales of Over 1,000 Luxury Apartments in Gurugram

Signature Global, a prominent real estate developer listed on the stock exchange, has announced a major sales achievement with the disposal of over 1,000 luxury flats in its newest residential project 'DE LUXE-DXP', situated near the Dwarka Expressway in Gurugram, for a total exceeding Rs 3,600 cror

By Admin

  • 7th Mar 2024
  • 1320 Views
GIFT City's Leap into Ultra-Luxury Envisioning a Premier Hospitality Landmark

The Gujarat International Finance Tec-City Company (GIFTCL) is set to embark on a groundbreaking venture, introducing the first ultra-luxury hotel within the domestic tariff area (DTA) of GIFT City, Gandhinagar district.

By Admin

  • 19th Feb 2024
  • 1303 Views
Table Space Leases 1 Lakh Sq Ft at Iconic CCD Square, Bengaluru for Flexible Workspace Expansion

Table Space Technologies leased over 100,000 square feet at Cafe Coffee Day Square in Bengaluru to expand, highlighting India's growing need for flexible offices. Once Cafe Coffee Day's corporate headquarters and flagship shop.

By Admin

  • 18th Feb 2024
  • 1373 Views
Puravankara Sets New Benchmarks in Indian Real Estate with 2000 Units Across Major Cities

The Bengaluru-based real estate developer Puravankara is expected to deliver 2,000 apartments this financial year, unleashing approximately 2 million square feet of growth potential throughout Bengaluru, Pune, Chennai, and Mumbai.

By Admin

  • 10th Feb 2024
  • 1284 Views
Vihang Group Establishes New Standards in Thane Real Estate Market With INR 850 Crore Worth Real Estate Projects

Vihang Group, a leading real estate developer, has launched four massive Thane projects. These projects cost above 850 crore rupees. They want to build around 5 million square feet of residential area in Thane micromarkets.

By Admin

  • 11th Jan 2024
  • 1355 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

By Admin

  • 20th Dec 2023
  • 1421 Views
Saya Group Plans INR 4000 Cr Worth Project Developments Across Noida, Greater Noida and Ghaziabad

Saya Group will complete a Rs 4,000 crore project in three years. In Indirapuram, 2.33 million square feet of commercial space worth Rs 2500 crore is being built, while Rs 1500 crore is being spent on ultra-luxurious residential complexes.

By Admin

  • 26th Nov 2023
  • 1446 Views
Bank of New York Mellon Leases 1.62 Lakh sqft Office Space in Pune From 315Avenue

Bank of New York Mellon Corporation (BNY Mellon), an American investment banking services holding company headquartered in New York City and a Fortune 500 corporation, has signed one of the most significant agreements of 2023 with 315Work Avenue.

By Admin

  • 3rd Nov 2023
  • 1394 Views
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