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Signature Global Achieves Remarkable Sales of Over 1,000 Luxury Apartments in Gurugram

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

By Admin

  • 7th Mar 2024
  • 1189 Views
Nexus Select Charts New Course in India Retail market With Strategic Mall Acquisitions

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.

By Admin

  • 2nd Feb 2024
  • 1275 Views
High Street Real Estate in India Growing Consistently

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.

By Admin

  • 16th Jan 2024
  • 1210 Views
2024 - Bengaluru Commercial Real Estate Market Facing Challenges

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.

By Admin

  • 9th Jan 2024
  • 1206 Views
BofA Strikes a Box Office Commercial Office Space Deal in Chennai - DLF Downtown Taramani

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.

By Admin

  • 27th Dec 2023
  • 1337 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

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.

By Admin

  • 20th Dec 2023
  • 1259 Views
India Warehousing Sector - Paving the Way for Global Trade Leadership Through Uniformity

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.

By Admin

  • 20th Dec 2023
  • 1196 Views
Saya Group Plans INR 4000 Cr Worth Project Developments Across Noida, Greater Noida and Ghaziabad

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.

By Admin

  • 26th Nov 2023
  • 1283 Views
Mahindra Lifespaces Expands its Horizon with a Prime Land Acquisition in Wagholi - Pune's Thriving Neighborhood

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.

By Admin

  • 14th Oct 2023
  • 1326 Views
DLF Plans to Build an IT Complex and Data Centre in Noida at a Cost of INR 3400 Crore

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.

By Admin

  • 4th Oct 2023
  • 1277 Views
Total Absorption of Office Space in India Crosses 14 Million Sq Ft in April June 2023 as Per Colliers Report

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.

By Admin

  • 10th Jul 2023
  • 1263 Views
TEC of Hong Kong Invests INR 100 Cr to Lease over 2 Million sqft Across 8 Locations in India

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.

By Admin

  • 29th Jun 2023
  • 1310 Views
Tech Driven Stellar Value Chain to Expand its Logistics Footprint in Excess of 10 Million SqFt in Around 24 Months

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.

By Admin

  • 8th Jun 2023
  • 1308 Views
Vaishnavi Group To Develop 10 million Sq Ft in Bengaluru Aiming For 5K Cr in Revenue

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.

By Admin

  • 4th Jun 2023
  • 1385 Views
Bangalore Based Puravankara Set to Initiate 15 million SqFt of Projects Tapping Almost INR 18,000 Crore in 2023-24

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.

By Admin

  • 31st May 2023
  • 1481 Views
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