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PNB Housing Finance Targets Ambitious 17% Growth in FY25 Loan Portfolio

PNB Housing Finance aims to raise its loan portfolio by 17% in FY25, the biggest expansion since 2019. A strong capital position has allowed the firm to concentrate on retail lending, which currently accounts for 97% of its operations, including affordable housing.

By Admin

  • 5th May 2024
  • 1127 Views
Decathlon Boosts Indian Investments to Expand Retail Footprint

Barbara Martin Coppola, Decathlon's worldwide CEO, said the French sports retailer is investing more in India's production and retail skills, underscoring the country's importance as a vital worldwide market.

By Admin

  • 18th Mar 2024
  • 1164 Views
Elan Group and BENOY to Launch First Luxury Mall in Gurgaon

The Elan Group's next project with BENOY, a world-renowned architecture company, will redefine Gurugram luxury shopping. This project introduces cutting-edge ideas to alter Gurugram's architecture.

By Admin

  • 22nd Feb 2024
  • 1180 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
  • 1175 Views
Bhive Pioneers New Era in Bengaluru Commercial Real Estate Investment

Bhive Properties, renowned for operating the acclaimed coworking brand BHIVE Workspace, has unveiled its groundbreaking venture into the sale of premium commercial real estate.

By Admin

  • 12th Feb 2024
  • 1209 Views
Zomato Secures Its Largest Warehousing Space in Bengaluru

Zomato's biggest warehouse acquisition in India, a 3.08 lakh sq ft property at Sumadhura Logistics Park in Bengaluru, has improved its operations. This seven-year arrangement, mediated by Bengaluru's Sumadhura Group, shows Zomato's dedication to improving logistical efficiency.

By Admin

  • 10th Feb 2024
  • 1181 Views
Nexus Select Charts New Course in India Retail market With Strategic Mall Acquisitions

Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.

By Admin

  • 2nd Feb 2024
  • 1290 Views
High Street Real Estate in India Growing Consistently

India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.

By Admin

  • 16th Jan 2024
  • 1214 Views
Bandhan Bank to Sell INR 775 Crore Home Loan Portfolio to Arcil for INR 280 Crore

Bandhan Bank will sell its ₹775-crore affordable house loan portfolio to Avenue Capital-backed Arcil for ₹280 crore. A planned cash transaction by the bank addresses financial challenges for low-income households struggling to repay housing loans of ₹10-12 lakh.

By Admin

  • 28th Dec 2023
  • 1222 Views
India Introduces Bharat Mart - The New WareHouse Project in UAE

Bharat Mart, India's first UAE warehouse, will open in 2025. Similar to China's Dragon Mart, this programme allows Indian exporters to promote their goods. According to plans, Bharat Mart would span 100,000 square metres and include warehouses, retail, and accommodation.

By Admin

  • 16th Dec 2023
  • 1223 Views
Mahindra Lifespaces Unveils Second Phase of Happinest Palghar-2

The second phase of Mahindra Happinest Palghar–2 has been launched by Mahindra Lifespace Developers (MLDL), a prominent part of the Mahindra Group that develops real estate and infrastructure. 260 1 BHK and 2 BHK residences are on 1.86 acres in this phase. Along with 47 retail stores, these flats ha

By Admin

  • 8th Dec 2023
  • 1196 Views
Nestasia Debuts Flagship Store in Bangalore, Expanding Retail Presence

Nestasia officially launches its first Bangalore shop. Nestasia's second brick-and-mortar shop in India, this 680 sq. ft. boutique in Bellandur, is a milestone.

By Admin

  • 5th Dec 2023
  • 1238 Views
Bhumika Group Bags Letter of Acceptance For NHPC Metro Station Project Faridabad From DMRC

Bhumika Group, a major New Delhi retail real estate developer, received the Letter of Acceptance (LOA) for the NHPC Metro station project from the Delhi Metro Rail Corporation (DMRC) to enter the metro mall sector.

By Admin

  • 3rd Dec 2023
  • 1271 Views
Edmont in Kandivali West is a True Luxury Project by The Ashwin Sheth Group

In Kandivali, Edmont, the Ashwin Sheth Group, in partnership with K Hemani, has introduced its fifteenth undertaking. This retail-anchored mixed-use development, which is situated in Kandivali West, spans 2.02 acres and includes a 51-story superstructure.

By Admin

  • 29th Nov 2023
  • 1229 Views
Trehan Iris Introduces Omega, an Office Building in Iris Broadway Greno West

Trehan Iris finished Omega office superstructure. This superstructure is part of "Iris Broadway Greno West" a 1 million-square-foot premium retail-led mixed-use development and entertainment attraction.

By Admin

  • 6th Nov 2023
  • 1187 Views
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