News

In the Talegaon neighbourhood of Pune, Ashiana Housing has announced plans to invest more than Rs 275 crore in a senior living project.

All essential permissions will be given within three months using a single-window certification system, and these projects will be completed by self-regulation procedures.

West Bengal Housing 'Infrastructure Development Corporation and Godrej Properties have agreed to buy a 7.44-acre land lot in Kolkata's New Alipore.

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.