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Nusli Wadia, Chairman of the Wadia Group, and the Aditya Birla Group have settled their lengthy legal dispute. Aditya Birla Group subsidiary Century Textiles and Industries bought a 10-acre leasehold property tract in Worli, Mumbai, from the Wadia family for ₹1,100 crore.
- 11th Sep 2024
- 1145 Views
The Indian Institute of Management (IIM) Mumbai, founded last year in Powai, will undergo a comprehensive renovation. An INR 800 crore ($100 million) makeover of the institute's 64-acre campus is planned.
- 11th Sep 2024
- 1142 Views
Arnya Real Estate Fund Advisors, an alternative investment management business, will launch its first real estate debt fund to invest in India's top eight property markets, raising around ₹1,000 crore. The Arnya Real Estate Fund—Debt offers a ₹1,000 crore green-shoe option.
- 10th Sep 2024
- 1147 Views
Deloitte India has secured over 81,000 sq ft of luxury office space on two floors of the Oberoi Commerz III skyscraper in Goregaon, Mumbai's busy western district. This strategic move is part of the company's long-term expansion strategy, with a five-year lease beginning November 1, 2024.
- 8th Sep 2024
- 1147 Views
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.
- 21st Aug 2024
- 1179 Views
Brigade Group unveiled Brigade Insignia, a luxury residential property in Yelahanka, Bengaluru. Six towers with 379 large 3, 4, and 5 BHK homes, including limited edition Sky Villas, cover 6 acres in this luxury property. The project has INR 1100 crore revenue potential.
- 4th Jul 2024
- 1267 Views
Sun Estates Developers expands into Goa's hotel market, investing ₹1000 crore in several projects. This strategy builds on their previous successes, like buying the Astor Hotel.
- 29th Apr 2024
- 1344 Views
PropShare, India's biggest commercial real estate digital platform, aims to grow its Asset Under Management (AUM) to over Rs 1,000 crore in storage assets. The warehouse market's current growth, reminiscent of the early 2000s office space bubble, prompts the business to buy assets across India.
- 10th Mar 2024
- 1253 Views
Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.
- 2nd Feb 2024
- 1384 Views
Godrej Properties Ltd. bought a 4-acre Bengaluru plot. The business aims to build a luxury housing estate on this property, selling apartments for Rs 1,000 crore.
- 9th Jan 2024
- 1340 Views
Experion Developers, the Indian affiliate of Singapore's Experion Holdings, plans to launch many new projects worth over INR 10,000 crore this year. After buying five INR 2,100 crore land tracts, this venture was launched.
- 26th Dec 2023
- 1285 Views
Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.
- 2nd Dec 2023
- 1298 Views
Ganga Realty, a famous Gurugram real estate business, has launched Nandaka 84 in Sector 84. This ultra-luxury residential project, worth over INR 1000 crore, is ideally positioned near Dwarka Expressway/Northern Peripheral Road.
- 30th Nov 2023
- 1304 Views
Kingmaker Developers, a Rustomjee Group affiliate, bought 100% ownership and preference shares of DB Realty's Realgem Buildtech for about Rs 231.42 crore. This allows Keystone Realtors, a Rustomjee Group subsidiary, to buy Rustomjee Crown, a luxury residential complex in Prabhadevi, Mumbai.
- 12th Nov 2023
- 1290 Views
Square Yards' asset management division, PropsAMC, has helped many individuals become homes. Helping over 300 homeowners settle their legal challenges, it recovered Rs 100 crore of invested capital.
- 7th Nov 2023
- 1358 Views