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Mindspace Business Parks REIT Sets Record with Over 2 Million Sq Ft Leasing in Q4

Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

By Admin

  • 1st May 2024
  • 1133 Views
Adani Group Expands Data Center Operations with New Land Acquisition in Pune

Terravista Developers, an Adani Group affiliate, bought a 25-acre land in Haveli, Pune, to expand its data centre infrastructure. Leasehold rights from Finolex Industries enabled this Rs 471 crore ($56.6 million) investment.

By Admin

  • 13th Apr 2024
  • 1171 Views
Decoding The Demand For Green Office Spaces in India

Due to decarbonisation ambitions, more Indian enterprises are prioritising eco-friendly commercial real estate. Green office space demand is outpacing supply in India's key property markets, signalling a new age of corporate environmental conscience.

By Admin

  • 9th Apr 2024
  • 1175 Views
Global Capability Centres Emerge As Big Players in Indian Commercial Real Estate

Bengaluru office leasing is changing. Multinational firms' tech and shared service divisions, Global Capability Centres (GCCs), are gaining ground in India's commercial real estate market. In 2023, GCCs leased the most space since the start of the decade, according to Colliers.

By Admin

  • 24th Mar 2024
  • 1170 Views
Rx Propellant and GVRP Ink Major Deal in Life Sciences Hub, Hyderabad

GV Research Platform (GVRP), a major bio-pharma contract research organisation, has leased a 130,000-square-foot Hyderabad R&D facility from Rx Propellant, a life sciences infrastructure supplier. The 10-year, Rs. 162 crore agreement is India's biggest life sciences real estate deal.

By Admin

  • 10th Mar 2024
  • 1166 Views
Cricketers & Real Estate Investments - Virat Kohli Leases Out 12 Offices in Gurgaon

Cricketer Virat Kohli has entered into a significant leasing agreement with Mynd Integrated Solutions, securing a substantial annual income.

By Admin

  • 8th Mar 2024
  • 1199 Views
Table Space Leases 1 Lakh Sq Ft at Iconic CCD Square, Bengaluru for Flexible Workspace Expansion

Table Space Technologies leased over 100,000 square feet at Cafe Coffee Day Square in Bengaluru to expand, highlighting India's growing need for flexible offices. Once Cafe Coffee Day's corporate headquarters and flagship shop.

By Admin

  • 18th Feb 2024
  • 1190 Views
Co Working Company Table Space Secures Major Lease in Runwal's Andheri Mumbai Tower

The premier managed workspace provider Table Space recently completed a major leasing deal with real estate developer Runwal. The agreement leases about 1.31 lakh sq ft of office space in Runwal's commercial skyscraper in crowded Andheri, Mumbai.

By Admin

  • 18th Jan 2024
  • 1230 Views
Bollywood Icon Amitabh Bachchan Rents Premier Office Space in Oshiwara, Mumbai to Warner Music India For Over INR 2 Crore Annually

According to Mumbai real estate insiders, Amitabh Bachchan, a worldwide icon and Indian cinema giant, has leased four commercial apartments in Oshiwara.

By Admin

  • 31st Dec 2023
  • 1205 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
  • 1342 Views
CG Power and K Raheja Corp Join Forces for Iconic Redevelopment in Mumbai

Crompton Greaves, CG Power & Industrial Solutions, and K Raheja Corp. are redeveloping CG House, its headquarters in affluent Worli. Over an acre of leasehold land is used for electricity production, transmission, distribution and rail transportation.

By Admin

  • 16th Dec 2023
  • 1220 Views
Cognizant Planning to Sell Key Office Assets in Hyderabad and Chennai

Cognizant Technologies, a major software corporation, is moving towards asset-lightness. The company will sell its large Hyderabad and Chennai offices. Cognizant's approach is to concentrate on non-core real estate and simplify operations.

By Admin

  • 12th Dec 2023
  • 1226 Views
Maker Maxity Rental Deal Renewal of Toronto Dominion Bank Confirms BKC as India's Costliest CBD

Mumbai's office property market has set a new Indian lease rental record. The Toronto-Dominion (TD) Bank extended its India headquarters lease at Maker Maxity in the Bandra-Kurla Complex (BKC) for an astounding Rs 604 per sq ft per month.

By Kinjal

  • 11th Dec 2023
  • 1257 Views
Provident Housing Showcases Environmental and Social Initiatives in Latest ESG Report

Puravankara subsidiary Provident Housing released its second ESG report. This study highlights the company's leadership in sustainable operations and business practices using innovative technology and decreased environmental effect.

By Admin

  • 8th Dec 2023
  • 1198 Views
Demand For Senior Living Homes in India is at its Peak Today

With senior housing getting the most focus, India's real estate sector is suddenly bracing for a demand spike. A white paper released with PWC and ASLI-The Association of Senior Living in India reports fifty active projects from the top twelve players in the delivery business.

By Admin

  • 23rd Nov 2023
  • 1208 Views
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