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Panchshil Realty Acquires Capgemini's Airoli Knowledge Park for INR 550 Crore in Major MMR Commercial Deal

Panchshil Realty, via its arm Prime Lohegaon Infraspaces, has acquired Capgemini’s Knowledge Park in Airoli, Thane for ₹550 crore. The 15.38‑acre office campus bolsters Panchshil’s commercial real estate presence in MMR.

By Admin

  • 28th Sep 2025
  • 1393 Views
Akshay Kumar Sells His Office at One Lodha Place, Lower Parel at INR 8 Crores – South Mumbais Iconic Commercial Tower Doubles in Value Since Launch

Akshay Kumar secures a great return on investment by selling his One Lodha Place office in South Mumbai, reinforcing the rise of celebrity-backed investments and the explosive growth of India's premium commercial real estate market.

By Admin

  • 21st Apr 2025
  • 1738 Views
India's Housing Finance Market Set to Reach INR 81 Lakh Crore by 2029

India's housing finance market is poised for extraordinary growth, projected to more than double from ₹33 lakh crore to ₹81 lakh crore by 2029. Driven by strong structural fundamentals and government incentives, this sector represents a golden opportunity for lenders as residential property sales ..

By Admin

  • 11th Mar 2025
  • 1466 Views
BNP Paribas Secures Premium Office Space in BKC, Mumbai at INR 811 per Sq Ft

BNP Paribas has leased a prime office space in Mumbai's Bandra Kurla Complex (BKC) at a notable monthly rental of ₹811 per square foot, marking one of the country's most significant commercial property deals.

By Admin

  • 8th Mar 2025
  • 1828 Views
Equinox India Secures INR 950 Crore via NCDs to Propel Panvel Realty Projects

Equinox India Developments secured ₹950 crore through NCDs to fund Indiabulls Greens & Park in Panvel. Backed by corporate guarantees, the 48-month NCDs offer 13% interest and hold an IVR A(CE)/Stable rating. With a 3,232-acre land bank, Equinox is strategically expanding its footprint in Mumbai ...

By Admin

  • 4th Feb 2025
  • 1414 Views
BMC Sets Record with INR 5847 Crore Property Tax Collection in 9 Months

BMC collected a record ₹5,847 crore in property tax over nine months in 2024, with December alone contributing ₹2,501 crore. Strategic campaigns and extended office hours boosted collections, with the western suburbs leading contributions.

By Admin

  • 5th Jan 2025
  • 1433 Views
ADIA Takes a Strategic Exit by Selling INR 1,926 Crore Stake in Mindspace Business Parks REIT

ADIA has exited Mindspace Business Parks REIT with a ₹1,926 crore block deal, selling 5.43 crore units at ₹354.3 each via its subsidiary, Platinum Illumination A 2018 Trust. This marks the end of its 9.2% stake acquired in 2022.

By Admin

  • 19th Dec 2024
  • 1809 Views
Alkem Labs Promoter Seema Singh Elevates Mumbai Luxury Real Estate Market with INR 185 Crore Purchase at Lodha Sea Face

Mumbai’s ultra-luxury real estate hits a new high as Alkem Labs promoter Seema Singh acquires a ₹185 crore, 14,866 sq. ft. apartment at Worli’s Lodha Sea Face, reaffirming the city’s status as a global luxury hub.

By Admin

  • 16th Dec 2024
  • 1672 Views
Microsoft Acquires Prime Hyderabad Land for INR 181 Crore in Strategic Expansion Move

Microsoft India has acquired 121,000 square yards in Nandigama, Hyderabad, from Natco Pharma for ₹181.25 crore, as recorded in a Propstack sales deed, signaling its growing regional focus.

By Admin

  • 5th Dec 2024
  • 1955 Views
K Raheja Settles REIT Violation Case with INR 68.73 Lakh Payment

K Raheja Corp Investment Managers, the manager of Mindspace Business Parks REIT, has resolved a regulatory case with SEBI by paying ₹68.73 lakh as a settlement fee. The matter pertained to alleged REIT rule violations, and the company settled without admitting or denying SEBI’s findings.

By Admin

  • 30th Nov 2024
  • 1493 Views
Nippon Life Secures INR 486 Crore Deal for Premium Office Space in Mumbai's Lodha Tower

Nippon Life India Asset Management has acquired two premium floors in Mumbai's One Lodha Place, Lower Parel, for ₹486 crore, marking a landmark deal in the city’s prime real estate market.

By Admin

  • 22nd Nov 2024
  • 1801 Views
Alta Capital Acquires Over 2 Million Sq Ft in Prime Logistics Assets for INR 840 Cr

Alta Capital, an investment and asset management group, has bought 2.5 million sq ft of fully-leased logistics assets from IndoSpace for ₹840 crore (nearly $100 million). Indian logistics and storage insiders call this deal one of the year's biggest.

By Admin

  • 8th Nov 2024
  • 1975 Views
Runwal Realty Acquires Prime 4-Acre Land in Worli, Plans INR 8000 Crore Luxury Residential Project

Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.

By Admin

  • 27th Oct 2024
  • 1544 Views
Rhythm House Reborn - Iconic Kala Ghoda Music Landmark Sold to Bhaane Group for INR 48 Cr

The Rhythm House near Kala Ghoda in Mumbai has reopened after closing permanently in 2016. Bhaane Retail, a Shahi Exports Pvt Ltd. affiliate, bought the famed music shop for INR 48 crore.

By Admin

  • 26th Oct 2024
  • 1497 Views
With INR 800 Crore Revamp IIM Mumbai Aims for Global Leadership in Management Education

The Indian Institute of Management (IIM) Mumbai, founded last year in Powai, will undergo a comprehensive renovation. An INR 800 crore ($100 million) makeover of the institute's 64-acre campus is planned.

By Admin

  • 11th Sep 2024
  • 1453 Views
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