The State Bank of India has committed Rs 714 crore to TCG Urban Infrastructure, a New York-based company, for the development of a World Trade Center in Gurugram. This project promises to offer one million square feet of leasable space.

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.

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.

The first quarter of the year saw Delhi-NCR dominate the market for high-end luxury flats priced at least INR 15,000 per square foot among the top eight cities. A large number of new luxury apartment developments sold out rapidly in the area.

Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.

The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.

Signature Global, a prominent real estate developer listed on the stock exchange, has announced a major sales achievement with the disposal of over 1,000 luxury flats in its newest residential project 'DE LUXE-DXP', situated near the Dwarka Expressway in Gurugram, for a total exceeding Rs 3,600 cror

Smartworks has proudly announced its newest jewel in the crown, RK Four Square, a state-of-the-art office space nestled in the dynamic Cyber City of Gurugram.

In one week after opening, Tata Housing sold out Raagam Phase 1, earning over Rs 650 crores. This amazing sale of 576 plots encompassing 9 lakh square feet shows Bengaluru's significant demand for luxury residential areas.

The Gujarat International Finance Tec-City Company (GIFTCL) is set to embark on a groundbreaking venture, introducing the first ultra-luxury hotel within the domestic tariff area (DTA) of GIFT City, Gandhinagar district.

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.

Imagine stepping into a living space that mirrors the luxury and service of a premier hotel, yet feels unmistakably like home. This is the essence of Squarefeet Group's new project.

The Bengaluru-based real estate developer Puravankara is expected to deliver 2,000 apartments this financial year, unleashing approximately 2 million square feet of growth potential throughout Bengaluru, Pune, Chennai, and Mumbai.

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.

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