You Searched for: company
Blackstone-backed Aadhar Housing Finance (AHFL) has reinforced its position as India’s leading affordable housing loan provider with a significant 47% gain since its IPO in May. Analysts attribute this growth to the company’s large network and the government’s strong push for affordable housing.
- 8th Nov 2024
- 1147 Views
Hindustan Unilever (HUL), a major consumer products company, leased a 600,000-square-foot warehouse in Bhiwandi, near Mumbai. The Mumbai Metropolitan Region (MMR)'s biggest warehouse transaction in recent years is this 7-year arrangement.
- 24th Oct 2024
- 1174 Views
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.
- 19th Oct 2024
- 1170 Views
MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.
- 14th Oct 2024
- 1169 Views
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.
- 4th Oct 2024
- 1201 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
- 1210 Views
To expand, flexibility provider Incuspaze leased 325,000 sq ft of office space at QUBE Software Park in Bengaluru. Previously leased 156,000 sq ft in Whitefield, this demonstrates the company's aggressive growth ambition. INCUSpaze is expanding into Bengaluru's IT industry.
- 10th Sep 2024
- 1283 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
- 1245 Views
Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.
- 3rd Sep 2024
- 1198 Views
The Supreme Court has granted permission to state-run NBCC (India) to generate an additional ₹15,000 crore by developing extra flats within the Amrapali projects. This move is intended to address the delivery of stalled homes to approximately 16,000 homebuyers, according to company executives.
- 31st Aug 2024
- 1229 Views
REA Group, an Australian digital real estate advertising company, will launch its first India Global Capability Centre (GCC) in Gurugram in October. Steve Maidment, the company's chief technology officer, intends to raise India's employment to 10% of its worldwide team within two years.
- 31st Aug 2024
- 1362 Views
The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.
- 30th Aug 2024
- 1269 Views
In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.
- 4th Aug 2024
- 1328 Views
Nearly half of the ownership in Bengaluru-based real estate developer Sobha was sold in block agreements for around ₹857.70 crore by a company owned by the Godrej Industries Group family office.
- 27th Jul 2024
- 1211 Views
DLF reported a 23% year-on-year growth in net profit to ₹646 crore in Q1FY25. Outstanding growth was fuelled by ₹6,404 crore in sales bookings, a 214% rise from the previous year. The company's consolidated revenue increased 14% year-over-year to ₹1,730 crore.
- 26th Jul 2024
- 1232 Views