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Alta Capital, an investment and asset management group, has bought 2.5 million sq ft of fully-leased logistics assets from IndoSpace for ₹840 crore (nearly $100 million). Indian logistics and storage insiders call this deal one of the year's biggest.
- 8th Nov 2024
- 1155 Views
Japan’s Sumitomo Corporation Group has made a major move in Mumbai’s real estate market by acquiring a nearly 2-acre prime land parcel in Worli from the Wadia Group’s Bombay Dyeing & Manufacturing Company for ₹440 crore. This deal further solidifies Sumitomo’s presence Indian real estate.
- 11th Sep 2024
- 1209 Views
Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.
- 19th Aug 2024
- 1190 Views
Mumbai-based real estate developer Kalpataru filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 1,590 crore through an IPO. All revenues (minus IPO expenditures) will benefit the firm because the IPO is a fresh equity share issuance with no offer-for-sale component.
- 17th Aug 2024
- 1187 Views
Actis, a London-based sustainable infrastructure investor, and Mahindra Lifespaces, the real estate and infrastructure development arm of the Mahindra Group, have formed a joint venture to build 16-17 million square feet of industrial and logistics facilities in India.
- 9th Aug 2024
- 1404 Views
M&M has sold a 20.5-acre land plot in Kandivali East, Mumbai, for ₹210 crore to Blueprintify Properties, a real estate unit of Rucha Group. M&M capitalised on its non-strategic assets with this July 23 transaction, which was filed the following day.
- 5th Aug 2024
- 1236 Views
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.
- 26th Jul 2024
- 1209 Views
Apple will lease 400,000 sq ft of office space on Sankey Road from Embassy Group at a record cost of nearly ₹220 per sq foot per month.
- 28th Jun 2024
- 1279 Views
Amazon will lease over 1.1 million sq ft of office space from Sattva Group in North Bengaluru, expanding its operations there. Amazon will occupy the 11-story office tower in Sattva Horizon business park near the international airport, which will house roughly 7,000 people.
- 14th Jun 2024
- 1333 Views
Godrej & Boyce Manufacturing Company sold an approximately 58,500 sq ft office across two floors in Godrej One, Vikhroli, Mumbai, to Godrej Industries for ₹157 crore. This is a significant Godrej Group real estate deal.
- 29th May 2024
- 1305 Views
The Blackstone Group is close to buying Adani Realty's Inspire BKC, a high-profile commercial real estate project on Mumbai's Bandra-Kurla Complex (BKC) fringes. The 800,000-square-foot office skyscraper is expected to cost the US private equity behemoth between Rs 1,800 crore and Rs 2,000 crore.
- 8th May 2024
- 1326 Views
Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.
- 26th Apr 2024
- 1330 Views
Vihang Group's Rs 850 crore investment in four Thane real estate projects aims to reinvent the city's living spaces. This ambitious project would pump over 5 million sq-ft of space into the market and aim to generate over Rs. 2,000 crore in income targeting the aspirational housing market.
- 22nd Feb 2024
- 1329 Views
Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.
- 14th Feb 2024
- 1292 Views
Imagine stepping into a living space that mirrors the luxury and service of a premier hotel, yet feels unmistakably like home. This is the essence of Squarefeet Group's new project.
- 12th Feb 2024
- 1471 Views