News

RK Arora, Supertech's chairman, plans to acquire Rs 1,600 crore from institutional investors by July to finish its 18 Delhi-NCR home projects.

IndoSpace Core, an industrial real estate investor, developer, and owner, acquired the Amazon Fulfilment Centre in Hyderabad from GMR Group for 188.1 crore.

Web Werks and NYSE-listed Iron Mountain Data Centres will jointly spend 1,400 crore to build a major data centre in Rabale, Navi Mumbai.

L&T Finance has received approximately ten expressions of interest (EoIs) for ten troubled developer loan accounts with a total outstanding balance of 3,022 crore.

The Reserve Bank of India's decision to keep the repo rate at 6.5% for a second time is expected to help the real estate market maintain residential sales growth, particularly in the interest rate-sensitive affordable, low- and middle-income housing segment.

Kalpataru struck a revenue-sharing arrangement with Indian Hume Pipe Company to build a mixed-use property on 15 acres in Pune's Vadgaon locality.

Transindia Real Estate is selling a logistics park in Haryana and a stake in several other facilities to Blackstone-managed funds for 687 crore.

Due to demography, ecommerce, and government assistance, Blackstone Group, a global private equity firm, is betting big on storage and logistics in India.

Singapore's sovereign wealth vehicle GIC is in discussions with warehousing developer ESR group to buy a 10 million square foot warehouse property for $400 million (about Rs 3,300 crore).

Sustainability is becoming a key criteria in most Indian office property transactions, whether for purchase or leasing.

Embassy office parks REIT, the first listed REIT in India and the largest office REIT in Asia by area, has issued coupon-bearing Non-Convertible Debentures ("NCDs") totaling Rs 1050 crores.

In response to rising warehousing demand in India, Stellar Value Chain Solutions, a tech-driven third-party value-added warehouse and distribution service provider, plans to add more than 10 million square feet to its logistics portfolio within two years.

The Bangalore-based Embassy Group, one of the leading real estate developers in India, achieved one of its greatest residential revenue growths ever in fiscal year 2023, recording revenues of Rs. 1,370 crore, a 210% increase year-over-year.

As part of its VANAHA promotion, SPRE Delivered an exquisite dining experience 160 feet above the ground for its Channel Partners.

As a first step, the MMRDA proposes a transit-oriented development (TOD) levy on all new residential and commercial structures built within 200 metres of Mumbai Metro Line 7.