News

K Raheja Corp, one of India's major real estate development companies, spent Rs 130 crore to buy a 3.72-acre block of land on LBS Marg in Mulund West, Mumbai, according to Mumbai real estate news.

Lavasa, the luxurious and private planned city in the Western Ghats of India, has been sold to Darwin Platform Infrastructure with the clearance of the National Company Law Tribunal (NCLT).

Gurugram's real estate market is competitive and the Competition Commission of India (CCI) has found that M3M does not dominate this market.

According to records acquired by Propstack, Wells Fargo International Solutions, a part of the US financial services major Wells Fargo, has extended its lease for more than 3.7 lakh square feet (sq ft) of commercial office space on 10 floors in Hyderabad for five years.

Demand for e-commerce companies decreased as the pandemic subsided, whereas brick-and-mortar competitors rented 14% more space from January to June as demand increased.

The Bengaluru-based Prestige Group acquired 2.3 acres of land in Bhuleshwar, Mumbai, from Marine Drive Hospitality and Realty Pvt Ltd, a subsidiary of DB Realty

Lykli is poised to become a key destination for entertainment, social connections, and retail rehabilitation in the lucrative Indian market, as consumers seek immersive purchasing experiences and a diversity of offerings under one roof.

The potential impact of the Karnataka government's decision to allocate a 300-acre plot near Bengaluru's international airport to Foxconn for an iPhone assembly unit, on the real estate markets of Devanahalli and Doddaballapur could be huge.

Axis Asset Management Company, the mutual fund investment unit of Axis Bank, has leased two floors of One Lodha Place, a Macrotech Developers-built commercial skyscraper in Lower Parel.

Bollywood star Kartik Aaryan bought a Juhu flat for INR 17.50 crore, one of the most expensive per-square-foot deals.

Hinduja Realty Ventures, the property arm of the Hinduja Group, has leased office space from Tata Communications Limited in Mumbai's Bandra Kurla Complex (BKC).

Incuspaze has leased a total of 9.7 lakh square feet of office space in Noida and Gurugram to accommodate the growing demand for flexible workspaces from corporations.

After a cautious first quarter, India's top six cities' office space absorption rose 2 percent to 14.6 million square feet in the second quarter of 2023, up from 14.3 msf in 2022.

Embassy Group in Bangalore will develop a 4 million-square-foot residential portfolio and anticipates revenue of Rs 3300 crore.

The Prestige Group of Bangalore and WS Industries To Build Six and a Half Acre IT Park in Mount Poonamalle Road, Chennai