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ADIA Takes a Strategic Exit by Selling INR 1,926 Crore Stake in Mindspace Business Parks REIT

ADIA has exited Mindspace Business Parks REIT with a ₹1,926 crore block deal, selling 5.43 crore units at ₹354.3 each via its subsidiary, Platinum Illumination A 2018 Trust. This marks the end of its 9.2% stake acquired in 2022.

By Admin

  • 19th Dec 2024
  • 1219 Views
7 Brilliant Ways to Transform Your Bathroom into a Zen Sanctuary

Step into a bathroom space that radiates calm and invites relaxation. 7 smart tips from Ghar.tv will transform your bathroom into a luxurious spa-like retreat where stress simply fades away.

By Admin

  • 20th Nov 2024
  • 1199 Views
Tata Toyo Radiator Secures 2.5 L Sq Ft Warehouse in Pune for 10-Year Lease

Tata Toyo Radiator, a joint venture comprising Tata AutoComp Systems, T RAD Co, and Mitsubishi, leased a 250,000-square-foot facility in Khed, Pune. The 10-year lease expands the company's supply chain infrastructure.

By Admin

  • 19th Oct 2024
  • 1249 Views
Why Are Global Investors Pouring Billions Into Indian Real Estate? A Deep Dive Into the Q3 2024 Investment Boom

In the September quarter, institutional inflows into India's real estate market showed high confidence from local and foreign investors. Colliers reported a 6.8-fold increase in office investments to $600 million in Q3 2024.

By Admin

  • 7th Oct 2024
  • 1311 Views
Worli Land Dispute Settled Between Birla & Wadia as Century Textiles Acquires Prime 10-Acre Parcel for INR 1100 Crore

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.

By Admin

  • 11th Sep 2024
  • 1356 Views
Sumitomo Acquires Prime 2 Acre Worli Land from Bombay Dyeing for INR 440 Crore Strengthening Its Presence in Indian Real Estate

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.

By Admin

  • 11th Sep 2024
  • 1281 Views
Brookfield to Acquire Controlling Stake in Leap Green for USD 550 Million, Plans to Expand Renewable Energy Platform

Canadian investment giant Brookfield Asset Management will pay $550 million (INR 4,594 crore) to purchase a majority interest in Tamil Nadu-based renewable energy platform Leap Green Energy. Commercial and industrial (C&I) users use this platform for renewable energy solutions.

By Admin

  • 20th Jul 2024
  • 1323 Views
Prestige, Kotak, Abu Dhabi Investment Authority Partner For INR 18000 Cr Development Projects

In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.

By Admin

  • 3rd Apr 2024
  • 1309 Views
Dosti Realty To Launch a Redevelopment Project in Thane

With its Thane project, Dosti Realty is pioneering large-scale social regeneration. This ambitious makeover, with a BUA of 6 to 6.5 lakh square feet, is expected to produce Rs 430 crore. Opening in 2024-25, the project is scheduled to finish in 2027.

By Admin

  • 31st Dec 2023
  • 1424 Views
Bombay Dyeing Set to Divest 22 acres in Worli for a Whopping INR 5200 Crore

The Wadia Group-owned Bombay Dyeing & Manufacturing Company (BDMC) will sell 22 acres of premium Worli property to a subsidiary of Japan's Sumitomo Realty & Development Company is buying the prime real estate for INR 5200 cr

By Admin

  • 14th Sep 2023
  • 1394 Views
OC Received For Kalpataru Radiance and Ekta Tripolis in Siddharth Nagar, Goregaon West

In some great news for Siddharth Nagar real estate and for the many home buyers in Ekta Tripolis, Kalpataru Radiance, Sangam Lifespaces Luxor - Ekta Tripolis and Kalpataru Radiance have received Occupation Certificate finally.

By Admin

  • 10th Apr 2023
  • 3649 Views
The Canadian Wood Home by MAK Projects Wins Sustainable Project of the Year in India

MAK Projects was named "Sustainable Project of the Year in India" at the World HRD Congress held at the Taj Lands End in Mumbai.

By Admin

  • 30th Nov 2022
  • 1400 Views
ADIA Contributes USD 500 Million to The USD 1 Billion Real Estate Fund of Kotak

Abu Dhabi Investment Authority (ADIA) invested $500 million in Kotak-Investment Advisors' $1 billion real estate fund in Mumbai.

By Admin

  • 18th Nov 2022
  • 1376 Views
Canadian Real Estate Investment Trust Brookfield Will Acquire 51 Percent Share in Four Properties of Bharti Enterprises

Brookfield, a Canadian real estate investment trust, will acquire a 51% share in four commercial buildings owned by Bharti Enterprises for an enterprise value of 5,000 crore.

By Admin

  • 6th Apr 2022
  • 1499 Views
HDFC Capital Raises USD 1.8-billion From ADIA & Others For Its Affordable Housing Fund-3

The HDFC Capital Affordable Real Estate Fund-3 (H-CARE-3) is one of the largest funds formed in India to invest in residential real estate, with investors pledging more than USD 1.22 billion toward the first closing of the first tranche.

By Admin

  • 30th Jan 2022
  • 1560 Views
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