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Bangalore-based Embassy Group Plans IPO for WeWork India Following Full Acquisition

Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

By Admin

  • 26th Apr 2024
  • 1152 Views
Singapore Based Ascott Unveils Premier Serviced Apartments in Gurugram, Expanding its Indian Portfolio

The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.

By Admin

  • 7th Apr 2024
  • 1180 Views
Prestige, Kotak, Abu Dhabi Investment Authority Partner For INR 18000 Cr Development Projects

In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.

By Admin

  • 3rd Apr 2024
  • 1169 Views
DDA Launches E-auction for 257 Luxury Apartments in Dwarka, Including Penthouses

The Delhi Development Authority (DDA) commences the third phase of its e-auction today, putting 257 luxury apartments, including exclusive penthouses and a variety of high and mid-segment flats, on the market in New Delhi's Dwarka neighborhood.

By Admin

  • 7th Mar 2024
  • 1188 Views
Colliers to Spearhead Development of Modern AI Hub in Ahmedabad for Infibeam Avenues

The Infibeam Avenues-commissioned Artificial Intelligence and Technology Extension Hub in Ahmedabad will be built by Colliers. With plans to open within 18 months, this new building is an expansion of the planned AI centre in GIFT City, Gujarat.

By Admin

  • 14th Feb 2024
  • 1226 Views
A New Ayodhya Beckons - Ambitious INR 2K Cr Greenfield Township Plan by UP Government

The Uttar Pradesh government plans to create a 1200-acre Greenfield Township with an investment of around ₹2,180 crore. This proposal is a model for pilgrimage cities. Prime Minister will likely launch the initiative shortly.

By Admin

  • 11th Jan 2024
  • 1274 Views
CREDAI 18th GIHED Property Show in Ahmedabad Set to Dazzle in January 2024

From January 5 to 7, 2024, CREDAI Ahmedabad will host the 18th GIHED Property Show. The Gujarat Chief Minister Bhupendra Patel and the Minister of State for Home Harsh Sanghvi will launch this important event.

By Admin

  • 5th Jan 2024
  • 1268 Views
Indian Housing Finance Sector Remains Robust Despite Rising Interest Rates

Despite rising interest rates over the last 18 months, asset quality has improved in the Indian home financing market. Rising incomes have offset greater monthly payments, ensuring stability.

By Admin

  • 12th Dec 2023
  • 1233 Views
Forestville by Oberoi Realty in Thane is Exemplary

Oberoi Realty launched Forestville, a luxurious Kolshet, Thane residential complex. Forestville will include five homes on 18 acres.

By Admin

  • 22nd Nov 2023
  • 1257 Views
Peyush Bansal of Lenskart Secures Luxury Home in Elite Neeti Bagh of Delhi For INR 18 Crores

In a recent high-profile real estate transaction, Peyush Bansal, the dynamic co-founder of Lenskart, has acquired a lavish residence in Neeti Bagh, one of Delhi's most sought-after neighborhoods.

By Admin

  • 5th Oct 2023
  • 1348 Views
Amazon Subsidiary Secures Prime Powai Real Estate for Data Centre Expansion

Amazon Data Services India buys a four-acre plot in Mumbai's lucrative Powai district. Larsen & Toubro's 18-year lease is the basis of this transaction.

By Admin

  • 29th Sep 2023
  • 1224 Views
Real Estate Company Supertech Intends to Raise INR 1600 Cr to Finish Delhi NCR Projects

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.

By Admin

  • 17th Jun 2023
  • 1291 Views
IndoSpace Core Acquires the Amazon Fulfilment Centre Hyderabad as a Warehousing Asset

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

By Admin

  • 10th Jun 2023
  • 1403 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
  • 1489 Views
Bengaluru Based Shriram Properties Acquires Development Rights for a Residential Project in Chennai For INR 185 Cr

Shriram Properties Limited (SPL) of Bengaluru has acquired development rights for 1.9 million square feet for a residential project in Chennai from Garden City Developers in a transaction valued at approximately Rs 185 crore.

By Admin

  • 27th May 2023
  • 1291 Views
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