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Trump Launches First Commercial Project in India - Pune's New Business Landmark

The Trump World Center in Pune marks the Trump Organization's first commercial venture in India, featuring twin 27-story glass towers spanning 1.6 million square feet. This ₹1,700 crore landmark development in Koregaon Park Annexe sets new standards for luxury office spaces in India.

By Admin

  • 21st Mar 2025
  • 1193 Views
BNP Paribas Secures Premium Office Space in BKC, Mumbai at INR 811 per Sq Ft

BNP Paribas has leased a prime office space in Mumbai's Bandra Kurla Complex (BKC) at a notable monthly rental of ₹811 per square foot, marking one of the country's most significant commercial property deals.

By Admin

  • 8th Mar 2025
  • 1162 Views
Mumbai Metro Unveils Strategic Land Monetization Plan Across Prime Locations

Mumbai Metro Rail Corporation (MMRCL) is advancing plans to monetize 12,491 square meters of premium land across four key Mumbai locations along Metro Line 3. The corporation is exploring joint ventures, PPPs, and direct sales to optimize land use and fund the city's expanding metro network.

By Admin

  • 5th Mar 2025
  • 1169 Views
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
  • 1221 Views
WeWork India Expands Footprint with Major Office Lease in Andheri East, Mumbai

WeWork India has leased 126,000 square feet in Andheri East, replacing its Powai space, as part of its strategic coworking expansion in Mumbai.

By Admin

  • 1st Jan 2025
  • 1255 Views
Iconic American Center in South Mumbai Acquired by HoABL Infraworld for INR 56 Crore

The iconic American Center, a ground-plus-seven-storey structure in South Mumbai, has been acquired by HoABL Infraworld Pvt Ltd, led by Abhinandan Lodha, for ₹56 crore. Spanning 1,337 square meters with a development potential of 60,000 square feet, this deal is a milestone in Mumbai real estate.

By Admin

  • 5th Dec 2024
  • 1268 Views
Runwal Realty Acquires Prime 4-Acre Land in Worli, Plans INR 8000 Crore Luxury Residential Project

Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.

By Admin

  • 27th Oct 2024
  • 1277 Views
Embassy Office REIT Raises FY25 Leasing Targets Amid Strong Corporate Demand

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

By Admin

  • 27th Oct 2024
  • 1239 Views
HUL Secures Massive 6 Lakh Sq Ft Warehousing Facility Near Mumbai for 7 Years

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.

By Admin

  • 24th Oct 2024
  • 1296 Views
Hiranandani Set to Redevelop 5 Housing Societies in Chembur, Mumbai with INR 3200 Crore Investment

The House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb, a significant step towards urban renewal. These redevelopment projects, which encompass approximately 15 acres, offer a development potential of over 1.7 million square feet.

By Admin

  • 15th Sep 2024
  • 1398 Views
India SM REITs - A Peek Into This Shining Market Set to Hit USD 60 Billion by 2026

Over 350 million square feet of developed commercial office space will propel India's SM REITs market to $60 billion by 2026. This regulation increases openness, investor protection, and engagement. Union Budget tax revisions and SEBI framework boost real estate securitisation.

By Admin

  • 8th Sep 2024
  • 1246 Views
How Are Flexible Lease Terms Driving a Surge in Office Space Renewals Across India?

Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.

By Admin

  • 3rd Sep 2024
  • 1301 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
  • 1313 Views
Table Space Secures USD 100 Million for Major Asset Acquisitions in Key Urban Centers

Table Space, a managed workspace provider, will spend $100 million (₹840 crore) in office assets, include a ₹450 crore agreement with Panchshil Realty for 900,000 square feet of space in Pune. Table Space will make many acquisitions to extend its presence in India's main cities.

By Admin

  • 21st Aug 2024
  • 1291 Views
Smartworks Enters International Market with 35,000 sq ft Lease in Singapore

Flexible workspace provider Smartworks has expanded internationally by leasing 35,000 square feet of office space in Singapore. Smartworks is one of the first Indian flexible workspace companies to operate abroad.

By Admin

  • 21st Aug 2024
  • 1291 Views
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