Global home furnishing brand IKEA has secured over 37,250 square feet of prime retail space at Phoenix Marketcity Mall in Viman Nagar, Pune, marking another strategic milestone in its Indian expansion journey with a long-term lease agreement valued at ₹38.12 lakh monthly rent.

Industry experts report Delhi's real estate sector is witnessing remarkable revival across commercial office, retail, and residential markets, attributed to supportive government policies and growing investor confidence.

Apple launched its first South Indian retail store in Bengaluru's Phoenix Mall with a ₹2.09 crore annual lease, marking a significant expansion in India's tech and commercial real estate landscape.

Spectrum Metro, the high-street retail commerce capital located in Noida Sector 75, has finalised leased space agreements with well-known brands such as Smaaash, Reliance Digital, Reliance Trends, Uni Applem Reseller, and Toksik, among others.

In 2023, mall owners / developers are anticipated to lease 5-6 million square feet of space, topping the pre-Covid peak of 2019 by a significant margin.

Bhive, a Bengaluru real estate developer, lowered the minimum investment for retail investors to buy commercial space in its pre-leased Grade-A building at Brigade Metropolis, Whitefield from Rs 10 lakh to Rs 5 lakh.