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Ludhiana commercial property auction targets ₹197 crore recovery

Ludhiana commercial property auction reaches a critical stage as the LIT targets ₹197 crore for its Rani Jhansi Road asset to end an 18-year vacancy period.

By Priya Kataria

  • May 03, 2026 14:34 PM IST
  • 1214 Views
Bengaluru industrial asset sale delivers solid investor returns

Bengaluru industrial asset sold by Strata confirms strong returns for investors as the firm finalizes its exit from the prime Bommasandra micro-market zone.

By Namrata Parab

  • Apr 29, 2026 21:33 PM IST
  • 1195 Views
ICICI Prudential Alternatives acquires office assets for ₹2,600 crore

ICICI Prudential Alternatives acquires prime office assets in Bengaluru and Pune for ₹2,600 crore, confirming growth in India's commercial real estate market.

By Rajesh Aher

  • Apr 29, 2026 11:30 AM IST
  • 1218 Views
Bengaluru Authority Recovers ₹30 Lakh Ahead of Property Tax Auctions

The Greater Bengaluru Authority successfully recovered ₹30.4 lakh in overdue property taxes following the initiation of auction proceedings against high-arrear properties in South Bengaluru's Jayanagar and Bommanahalli zones. This proactive revenue collection preempted the scheduled sale of several commercial and residential assets.

By Mohan Aiyer

  • Mar 14, 2026 00:00 AM IST
  • 1219 Views
Brookfield India REIT Unlocks Capital Via ₹5,125 Crore Dual Fundraising Strategy

Brookfield India Real Estate Trust is executing a major capital strategy, planning a ₹4,000 crore institutional placement alongside a ₹1,125 crore equity raise by its Ecoworld SPV to fund acquisitions and manage debt obligations.

By Admin

  • Mar 13, 2026 10:05 AM IST
  • 1225 Views
Advanced Realty Acquires Standard Chartered's BKC Office in Parinee Crescenzo for INR 197 Crore

Standard Chartered Bank has sold a premium 28,516 sq. ft. office unit at Parinee Crescenzo in Mumbai's BKC to Advanced Realty Pvt. Ltd. for INR 197 crore, signalling strong investor confidence in Mumbai's Grade-A commercial real estate market.

By Suhas Kataria

  • Feb 07, 2026 14:26 PM IST
  • 1252 Views
NCLT Mumbai Issues 30-Day Ultimatum to Brookfield Over ₹1,080 Crore IL&FS Headquarters Acquisition in BKC

The NCLT Mumbai has given Brookfield Asset Management 30 days to renew its performance guarantee for the ₹1,080 crore IL&FS headquarters in BKC or face disqualification, as valuation disputes push the case to NCLAT.

By Admin

  • 3rd Dec 2025
  • 1244 Views
Nuvama-Cushman Fund Closes ₹2,550 Crore Acquisition of Chennai's Porur Office Campus from Keppel in Landmark Deal

In a landmark transaction valued at ₹2,550 crore, the Prime Offices Fund managed by Nuvama Asset Management and Cushman & Wakefield has acquired a 2.4 million sq ft LEED Platinum-rated office campus in Chennai's Porur from Singapore's Keppel Group—marking one of India's largest domestic fund-led off

By Admin

  • 1st Oct 2025
  • 1311 Views
French Pharma Sanofi India to Sell Headquarters in Mumbai, Powai

Sanofi, the Indian arm of the French pharmaceutical giant, is set to divest its Headquarters in Mumbai , a standalone building in the posh Powai locality. This building, spanning over 150,000 sq ft, currently houses the company’s country headquarters.

By Admin

  • 20th Jul 2024
  • 2041 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
  • 2683 Views
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