You Searched for: one million sq ft

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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
  • 1159 Views
L&T Innovation Campus is Redefining the Office Space Experience in Powai

With its 2.2 million sq ft layout, the L&T Innovation Campus in Mumbai's lively Powai neighbourhood is ushering in a new age in corporate settings. This five-acre property combines high-end office spaces with a vibrant community lifestyle to foster creativity and innovation.

By Admin

  • 20th Apr 2024
  • 1162 Views
Vihang Group Launches Multiple New Real Estate Projects in Thane

Vihang Group's Rs 850 crore investment in four Thane real estate projects aims to reinvent the city's living spaces. This ambitious project would pump over 5 million sq-ft of space into the market and aim to generate over Rs. 2,000 crore in income targeting the aspirational housing market.

By Admin

  • 22nd Feb 2024
  • 1194 Views
Prestige Group to Expand Retail Real Estate With 9 Million Sq Ft of New Mall Space

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

By Admin

  • 14th Feb 2024
  • 1184 Views
New Delhi Based Ashiana Housing Plans Strategic Investments for 2024

Ashiana Housing, a New Delhi-based real estate developer, plans to spend Rs 650-700 crore in land and building in 2023-24. The business wants to book Rs 1,500 crore in area in FY24 and add 7-8 million sq ft in three years.

By Admin

  • 10th Jan 2024
  • 1234 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
  • 1356 Views
India Warehousing Sector - Paving the Way for Global Trade Leadership Through Uniformity

Indian storage is experiencing a major shift, vital for global commerce. Knight Frank's 'India Warehousing Market Report – 2023' shows record demand in India's top eight markets, reaching 51.3 million square feet in FY 2022-23.

By Admin

  • 20th Dec 2023
  • 1204 Views
Indian Office Space Sector Set for Remarkable Growth - 165 Million Sq Ft Supply Expected by 2025

Despite global economic uncertainty, the Indian office space market is expected to grow significantly between 2023 and 2025. According to CBRE, developers are confident about adding over 165 million sq. ft. of office space by 2025, exceeding the 142 million constructed in the preceding three years.

By Admin

  • 16th Oct 2023
  • 1294 Views
The Future is Green - Environmentally Friendly Office Buildings in India Increase to Almost 350 Million Sq Ft

A CBRE-CII research, ‘Indian Real Estate: Taking Giant Strides – 2023 Mid-Year Outlook,’ was released during the CII Realty 2023 conference. It highlights the sector's tremendous progress.

By Admin

  • 1st Oct 2023
  • 1226 Views
Casagrand to Develop 20 Million Sq Ft of Real Estate in Mumbai and Pune Spending Close to INR 8000 Cr

The Chennai-based real estate developer Casagrand plans to build 20 million square feet (msf) of luxury and affordable homes in Mumbai and Pune for Rs 8,000 crore over three years.

By Admin

  • 23rd Aug 2023
  • 1388 Views
Embassy Group Will Launch a 4 Million Sq Ft Residential Portfolio

Embassy Group in Bangalore will develop a 4 million-square-foot residential portfolio and anticipates revenue of Rs 3300 crore.

By Admin

  • 10th Jul 2023
  • 1263 Views
Incuspaze Leases Almost One Million Sq Ft of Office Space in Noida and Gurugram

Incuspaze has leased a total of 9.7 lakh square feet of office space in Noida and Gurugram to accommodate the growing demand for flexible workspaces from corporations.

By Admin

  • 10th Jul 2023
  • 1302 Views
Total Absorption of Office Space in India Crosses 14 Million Sq Ft in April June 2023 as Per Colliers Report

After a cautious first quarter, India's top six cities' office space absorption rose 2 percent to 14.6 million square feet in the second quarter of 2023, up from 14.3 msf in 2022.

By Admin

  • 10th Jul 2023
  • 1273 Views
TEC of Hong Kong Invests INR 100 Cr to Lease over 2 Million sqft Across 8 Locations in India

The Executive Centre (TEC), a flexible workspace provider based in Hong Kong, has invested 100 crore in the first half of 2023 to lease approximately 200,000 square feet of space in eight centres.

By Admin

  • 29th Jun 2023
  • 1330 Views
Blackstone Plans to Increase its Logistics Business in India to 100 Million SqFt

Due to demography, ecommerce, and government assistance, Blackstone Group, a global private equity firm, is betting big on storage and logistics in India.

By Admin

  • 8th Jun 2023
  • 1322 Views
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