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India Office Leasing Surges as GCCs and Flex Spaces Dominate

Indian office property net absorption is rising due to global capability centres (GCCs) and flexible spaces. India's status as a business centre is strengthened by global and local firms' rapid development.

By Admin

  • 7th Oct 2024
  • 1186 Views
Stamp Duty Hike in Maharashtra? State Revenue Set to Increase by INR 150 Crore Annually

The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.

By Admin

  • 4th Oct 2024
  • 1201 Views
The 3rd Edition of India's Favourite Homestay Awards at Taj Cidade de Goa Truly Reimagined Cultural Experiences

The third edition of India's Favourite Homestay Awards spotlighted the growing homestay business. At the Taj Cidade de Goa Horizon, celebrities chefs, designers, photographers, and entrepreneurs gathered.

By Admin

  • 29th Sep 2024
  • 1207 Views
Track3D is Revolutionizing Construction with AI-Driven Insights

Track3D was established as a state-of-the-art platform that tackles significant inefficiencies in the construction sector by three specialists with varied backgrounds in robotics, artificial intelligence, and business strategy.

By Admin

  • 20th Sep 2024
  • 1183 Views
Birla Estates Buys Prime Kalwa Land Near Thane-Belapur Road

Indian Proptech Portal GHAR reports that Birla Estates, the Aditya Birla Group's real estate subsidiary, has made a major move in Mumbai. For ₹537.42 crore, the business bought a 24.5-acre block of land in the Mumbai Metropolitan Region (MMR) in Kalwa on the Thane-Belapur Road.

By Admin

  • 15th Sep 2024
  • 1179 Views
Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds

Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.

By Admin

  • 15th Sep 2024
  • 1177 Views
Suzlon Sells Pune HQ at One Earth, Hadapsar for INR 440 Crore, Leases Back for 5 Years to Unlock Growth Capital

Known for its renewable energy solutions, Suzlon Energy sold its headquarters, One Earth, in Hadapsar, Pune, for ₹440 crore to monetise non-core assets and drive expansion. OE Business Park (OEBPPL), backed by 360 ONE Alternates Asset Management funds, bought the land.

By Admin

  • 11th Sep 2024
  • 1286 Views
Arnya Real Estate Fund Advisors Launches INR 1000 Crore Real Estate Debt Fund to Invest in Top Indian Cities

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.

By Admin

  • 10th Sep 2024
  • 1177 Views
Prestige Estates Acquires Prime Land and Development Rights in Pune for Over INR 200 Crore

Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.

By Admin

  • 6th Sep 2024
  • 1210 Views
Bajaj Housing Finance in Mumbai Aspires to Become the Future HDFC with Strategic IPO Launch

In Mumbai, Bajaj Finserv chairman Sanjiv Bajaj said Bajaj Housing Finance should become the "HDFC of the future." He observed that the mortgage giant left the industry after a reverse merger with its banking business, creating this opportunity.

By Admin

  • 3rd Sep 2024
  • 1188 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
  • 1228 Views
Allegations Surface Over 11-Acre Land Deal in Airoli

Reports have emerged about a potential plan to transfer 11 acres of prime land in Airoli, initially reserved for foreign embassies, to a prominent businessman under the pretext of developing a township.

By Admin

  • 24th Aug 2024
  • 1236 Views
JNPA SEZ Plots Command Double the Reserve Price - A Major Boost to Mumbai Economy

Mumbai's commerce and business sector benefited from the Jawaharlal Nehru Port Authority (JNPA) awarding industrial plots in its Navi Mumbai Special Economic Zone (SEZ) for almost twice the reserve price to nine winning bidders. This exceptional land demand shows the region's economic potential.

By Admin

  • 23rd Aug 2024
  • 1188 Views
The Ultimate Guide to How Blockchain is Transforming Indian Real Estate Landscape

Blockchain technology is transforming sectors, including real estate. Blockchain, however new in India, will improve property transactions' transparency, security, and efficiency. This Ghar guide examines how blockchain is changing the Indian real estate business.

By Admin

  • 21st Aug 2024
  • 1213 Views
Max Estates Secures Noida Authority Approval for Delhi One Project Takeover

Max Estates, the Max Group's real estate subsidiary, received Noida Authority clearance to manage the 'Delhi One' commercial project in Sector 16B. The business settled dues of ₹613 crore.

By Admin

  • 15th Aug 2024
  • 1193 Views
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