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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
  • 1155 Views
Surge in NRI Investment Boosts Indian Real Estate Market

The participation of Non-resident Indians (NRIs) in India’s residential real estate market has seen a significant rise, now accounting for nearly a quarter of the total sales among large developers, up from just 7-10% prior to the pandemic.

By Admin

  • 26th Apr 2024
  • 1164 Views
Lodha Celebrates Stellar Growth in Q4, with a 21% Increase in Net Profit

Lodha, or Macrotech Developers, reported a 21% rise in net profit to Rs 670 crore for the March quarter. The company's operating revenue rose 23% to Rs 4,020 crore. Developer pre-sales and yearly performance are at an all-time high this quarter.

By Admin

  • 26th Apr 2024
  • 1167 Views
Resilient Home Sales in India Defy High Interest Rates and Rising Prices

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

By Admin

  • 21st Apr 2024
  • 1164 Views
Delhi-NCR Dominates High-End Luxury Apartment Market

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.

By Admin

  • 21st Apr 2024
  • 1164 Views
Co-working Spaces Jump to Second Place in Office Leasing in India for Q1 2024

Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.

By Admin

  • 6th Apr 2024
  • 1178 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
  • 1202 Views
Bengaluru Based Prestige Group Registers a Whopping 111 per cent Sales Growth in Q3 FY24

In the third quarter of fiscal year 24, Bengaluru-based real estate developer The Prestige Group earned Rs 5,326.1 crore. Over the last year, growth has been 111%. A January 9 regulatory filing indicated a 5.46 million-square-foot construction.

By Admin

  • 11th Jan 2024
  • 1186 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
  • 1224 Views
Prestige Group Debuts in Calicut With Prestige Ocean Pearl

Prestige Group, headquartered in Bangalore, launched its first residential property in Calicut, "Prestige Ocean Pearl." This project will redefine luxury living in Calicut, giving a peaceful respite from city life.

By Admin

  • 12th Dec 2023
  • 1205 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
  • 1266 Views
Brigade Group Announces New Premium Office Space Development in Central Business District of Bengaluru

Brigade Group, headquartered in Bangalore, secured a JDA to build a premium Grade A office space on Sankey Road in Bengaluru's CBD

By Admin

  • 8th Dec 2023
  • 1269 Views
823 New Real Estate Projects Registered With MahaRERA This Festive Season

Between 1st October and 13th November 2023, MahaRERA recorded 823 new projects in Maharashtra over the holidays. Mumbai's city and suburbs have 106. This time last year, the state registered 769 projects.

By Admin

  • 16th Nov 2023
  • 1265 Views
Bank of New York Mellon Leases 1.62 Lakh sqft Office Space in Pune From 315Avenue

Bank of New York Mellon Corporation (BNY Mellon), an American investment banking services holding company headquartered in New York City and a Fortune 500 corporation, has signed one of the most significant agreements of 2023 with 315Work Avenue.

By Admin

  • 3rd Nov 2023
  • 1268 Views
Trident Realty of Bhogpur, Haryana, to Spend INR 700 cr to Develop Luxury Independent Floors in Panchkula

Trident Realty, headquartered in Bhogpur, Haryana, has announced plans to spend Rs 700 cr. in the introduction of luxury independent floors in Panchkula.

By Admin

  • 30th Oct 2023
  • 1234 Views
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