News

Oberoi Realty appointed Pankaj Gupta CEO, commercial real estate. Pankaj will help develop Oberoi Realty's commercial division strategy, which includes the International Business Park at Oberoi Garden City, Goregaon, Mumbai, which comprises Commerz, Commerz II, and Commerz III.

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.

Mindspace Business Parks REIT has built a brand-new school for the children of Gambhiraopet, a village in the Telangana district of Sircilla.

Casagrand Aria, a luxury residential neighbourhood from South India's Casagrand, starts at Rs 25 Lakhs. The 4-acre Tambaram neighbourhood comprises 817 exquisite 1 & 2 BHK high-rise lifestyle apartments.

IBO, a business that builds and restores houses, opened its first store in Hyderabad, Telangana. The expansion supports the brand's goal of offering customers a value-priced omni-channel house building retail and home innovation experience.

November 2022 saw a 15 percent year-over-year increase in property registrations in Mumbai and a 22 percent year-over-year increase in government income collection.

Google Connect Services India, a subsidiary of the U.S. Internet giant, has renewed its three-year lease on around 6 lakh square feet of office space in Hyderabad.

IIFL sold an INR 125 crore distressed planned development project to Shriram Properties. The business and the ASK Property Fund's co-investment platform's first deal.

The Trump Organization is positive on the Indian luxury real estate industry and aims to add projects worth over 2,500 crore in the coming year across the country's important property markets.

Lodha Group, Bain Capital, and Ivanhoe Cambridge-backed Lodha Green Digital Infrastructure (LGDI) bought 8 acres in Kurla, Mumbai.

Xanadu, a significant real estate player, created a luxury vertical to help developers and financial institutions expand their luxury real estate holdings faster.

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

Managed office provider DevX has launched a 30,000-square-feet co-working space in Andheri East, Mumbai

Real estate company Macrotech Developers said on December 12, 2022 that its board of directors had authorised the sale of about 7.2% of its shares to institutional investors at an issue price of Rs 1,026 per share.

The Iranian Zoroastrian Anjuman-owned Palghar land, four times the size of Mahalaxmi racecourse and worth over INR 1100 cr, is for sale as a township.