You Searched for: 1 million square feet
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Signature Global, a prominent real estate developer listed on the stock exchange, has announced a major sales achievement with the disposal of over 1,000 luxury flats in its newest residential project 'DE LUXE-DXP', situated near the Dwarka Expressway in Gurugram, for a total exceeding Rs 3,600 cror
- 7th Mar 2024
- 1189 Views
Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.
- 2nd Feb 2024
- 1275 Views
India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.
- 16th Jan 2024
- 1210 Views
Commercial purchases in Bengaluru fell 14.3% to 12.5 million square feet in 2023. Knight Frank India ascribed this decline to US inflation and a slowing technology industry, which drives Bengaluru's office space demand.
- 9th Jan 2024
- 1206 Views
Bank of America (BofA) has acquired 1.1 million square feet of Chennai office space in a major move. This sale is BofA's biggest office space transaction of 2023 and one of its largest captive centres outside the US. The DLF Downtown, Taramani site is for the bank's Indian back office.
- 27th Dec 2023
- 1337 Views
The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.
- 20th Dec 2023
- 1259 Views
Indian storage is experiencing a major shift, vital for global commerce. Knight Frank's 'India Warehousing Market Report – 2023' shows record demand in India's top eight markets, reaching 51.3 million square feet in FY 2022-23.
- 20th Dec 2023
- 1196 Views
Saya Group will complete a Rs 4,000 crore project in three years. In Indirapuram, 2.33 million square feet of commercial space worth Rs 2500 crore is being built, while Rs 1500 crore is being spent on ultra-luxurious residential complexes.
- 26th Nov 2023
- 1283 Views
Mahindra Lifespace Developers has made a significant move by acquiring 5.38 acres of prime land in the vibrant Wagholi neighborhood of Pune. This strategic acquisition promises a remarkable development potential of over 1.5 million square feet of saleable area.
- 14th Oct 2023
- 1326 Views
DLF Techpark in Sector 143, Noida, would get Rs 3,400 crore from India's largest real estate company.It can accommodate four million square feet (msf) on 25 acres.
- 4th Oct 2023
- 1277 Views
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.
- 10th Jul 2023
- 1263 Views
The Executive Centre (TEC), a flexible workspace provider based in Hong Kong, has invested 100 crore in the first half of 2023 to lease approximately 200,000 square feet of space in eight centres.
- 29th Jun 2023
- 1310 Views
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.
- 8th Jun 2023
- 1308 Views
Vaishnavi Group of Bengaluru plans to create 6 million square feet (msf) of residential complexes and 4 msf of office space in Bengaluru, with a potential top-line income of Rs 5,000 crore.
- 4th Jun 2023
- 1385 Views
In 2023, Bengaluru-based real estate firm Puravankara Ltd intends to launch new projects comprising over 15 million square feet in Bengaluru, Chennai, Kochi, and Coimbatore, with a three-year revenue goal of Rs 18,000 crore.
- 31st May 2023
- 1481 Views