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HDFC Bank Seals Landmark Lease in Andheri East - 2.72 Lakh Sq Ft at INR 77 Crore Annually

HDFC Bank has secured 2.72 lakh sq. ft. in Andheri East for an annual rent of ₹77 crore, reinforcing Mumbai’s commercial real estate growth. The 10-year lease in R Square by Runwal Realty includes a 15% rent hike every 3 years and ₹116 crore security deposit.

By Admin

  • 31st Jan 2025
  • 1127 Views
Inorbit Malls Expands Footprint with INR 400 Crore Acquisition in Hubli, Karnataka

A K Raheja Corp. affiliate, Inorbit Malls (India), has paid approximately ₹400 crore to buy a retail property in Hubli, Karnataka, as a strategic foray into Tier-2 cities. The building, called Akshay Sky Mall, has a gross built-up area of around 650,000 square feet.

By Admin

  • 20th Sep 2024
  • 1246 Views
Maharashtra Leads India in Green Building Certifications

The most Indian Green Building Council (IGBC)-registered projects are in Maharashtra, followed by Uttar Pradesh and Gujarat. Over 7,000 IGBC-certified projects encompass 1,370 million square feet of built-up area in India, demonstrating its dedication to sustainability.

By Admin

  • 6th Sep 2024
  • 1234 Views
Smartworks Unfolds the Future of Workspaces with RK Four Square in Gurugram's Cyber City

Smartworks has proudly announced its newest jewel in the crown, RK Four Square, a state-of-the-art office space nestled in the dynamic Cyber City of Gurugram.

By Admin

  • 24th Feb 2024
  • 1324 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
  • 1396 Views
CMD Family of BDR Pharma Buys Luxury Apartments in Raheja Artesia, Worli for INR 81 Cr

The family of BDR Pharmaceuticals' Chairman & Managing Director bought two sea-view flats in Worli for roughly ₹81 crore, marking a significant investment in Mumbai's luxury real estate market. These apartments on the 39th livable level of the ultra-luxurious Raheja Artesia building have 6,670 sq ft

By Admin

  • 27th Dec 2023
  • 1409 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1289 Views
Godrej Properties Will Develop Godrej RKS on Raj Kapoor Bungalow Land at Chembur

Godrej Properties Limited (GPL), the Godrej Group's real estate company, will soon start building a 2 lakh-square-foot residential property. They bought Raj Kapoor (RK)'s Chembur home in February 2023.

By Admin

  • 26th Nov 2023
  • 1349 Views
The Palladio by KVIRAAJ in New Delhi is an Iconic Luxury Project For The Ages

The Palladio, a 12,000-square-foot luxury building in New Delhi by KVIRAAJ, blends modernism with architectural heritage via design and décor. The project has four luxurious bedrooms, living areas, and a terrace-level gym.

By Admin

  • 24th Nov 2023
  • 1347 Views
Trehan Iris Introduces Omega, an Office Building in Iris Broadway Greno West

Trehan Iris finished Omega office superstructure. This superstructure is part of "Iris Broadway Greno West" a 1 million-square-foot premium retail-led mixed-use development and entertainment attraction.

By Admin

  • 6th Nov 2023
  • 1239 Views
Raheja Mindspace REIT Plans to Develop 8 Lakh Sqft Property in Airoli, Navi Mumbai

K Raheja Corp-backed Mindspace Business Parks REIT aims to create an 8 lakh-square-foot mixed-use building with commercial offices and a luxury hotel in its Airoli east business park in Mumbai.

By Admin

  • 1st Nov 2023
  • 1503 Views
Embassy REIT Announces INR 3348 Million Acquisition of Embassy Business Hub in North Bangalore

Embassy Business Hub, a Bangalore office building of 1.4 million square feet, will be acquired by Embassy Office Parks REIT for Rs 3,348 million (USD 41 million).

By Admin

  • 28th Mar 2023
  • 1543 Views
AI Driven Corporation Facilio Leases 40000 Square Feet of Flexible Office Space in Chennai from IndiQube

IndiQube leased 40,000 square feet of flexible office space to Facilio, an AI-driven property operations platform. IndiQube's main office building in Guindy, Chennai.

By Admin

  • 20th Dec 2022
  • 1389 Views
Damco India Rents 243,000 Square Feet of Warehouse Space in Bhiwandi

Maersk's Damco India has leased a 243,000-square-foot building for five years. CRE Matrix found the plant in Bhiwandi, outside Mumbai.

By Admin

  • 13th Dec 2022
  • 1551 Views
Skechers South Asia Pvt Ltd Acquires Additional Office Space in Mumbai

According to CRE Matrix, Skechers South Asia Pvt Ltd. bought five Andheri East office buildings totaling 32,644 square feet.

By Admin

  • 2nd Dec 2022
  • 1666 Views
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