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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.
- 28th Sep 2025
- 1393 Views
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.
- 21st Apr 2025
- 1738 Views
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 ..
- 11th Mar 2025
- 1466 Views
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.
- 8th Mar 2025
- 1828 Views
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 ...
- 4th Feb 2025
- 1414 Views
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.
- 5th Jan 2025
- 1433 Views
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.
- 19th Dec 2024
- 1809 Views
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.
- 16th Dec 2024
- 1672 Views
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.
- 5th Dec 2024
- 1955 Views
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.
- 30th Nov 2024
- 1493 Views
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.
- 22nd Nov 2024
- 1801 Views
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.
- 8th Nov 2024
- 1975 Views
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.
- 27th Oct 2024
- 1544 Views
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.
- 26th Oct 2024
- 1497 Views
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.
- 11th Sep 2024
- 1453 Views
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