The Prestige Group, a renowned Indian real estate developer, has carefully bought 21 acres of prime Whitefield, Bangalore property. For the firm, this Rs 450 crore acquisition signifies a major expansion in one of the city's key IT corridors.

Sparkle Two Mall Developers, a fully owned subsidiary of The Phoenix Mills, paid Rs 429 crore for an 11-acre plot in Majiwada, Thane.

Prestige Falcon Realty Ventures, a fully owned subsidiary of the Bengaluru-based real estate developer, paid INR 978.7 Crore for securities from DB Realty and its subsidiaries to enhance its share in Prestige BKC Realtors from 50% to 100%.

In the second half of 2023, India's largest real estate developer, Macrotech Developers (Lodha Group), will launch 16 new projects with a total sales potential of Rs 10,300 crore.

Nucleus Office Parks, the operational platform for Blackstone Group's fully-owned office parks, has leased approximately 7.50 lakh sq ft in commercial projects so far in 2022 across its pan-India portfolio, which is estimated to produce rental income of over INR 1,100 crore yearly.