News

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.

Mahindra Lifespace Developers has made a significant move by acquiring 5.38 acres of prime land in the vibrant Wagholi neighborhood of Pune. This strategic acquisition promises a remarkable development potential of over 1.5 million square feet of saleable area.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.

In a significant real estate move, the National Securities Depository Limited (NSDL) has secured a sprawling 68,000 sqft office space in Mumbai's prestigious Bandra-Kurla Complex. The deal, worth an estimated Rs 198 crore, was inked with IDFC First Bank.

The Reserve Bank of India's Monetary Policy Committee recently announced its decision to maintain the repo rate at 6.5%. This decision has garnered various reactions from the Indian real estate sector

In a grand real estate move, Bollywood's acclaimed actor, Manoj Bajpayee, alongside his wife Shabana Bajpayee, has made a significant investment in Mumbai's prime Oshiwara district.

The Indian real estate giant Ashiana Housing Ltd. is planning a major expansion. The business wants to spend Rs 700 crore in two luxury home projects in Jaipur and two senior living projects in Chennai.

The Goregaon West fire in Mumbai killed seven people. A level-2 fire started in the seven-story Jai Bhavani building around 3.05 am on Friday. Five individuals are in serious condition after 44 were injured in the disaster.

SMFG India Credit Ltd., an affiliate of Sumitomo Mitsui Financial Group (SMFG), and Fullerton Financial Holdings (FFH), an established NBFC, have signed a major leasing agreement with Embassy Office Parks REIT.

Saya Group celebrated leasing 50% of Saya Status, India's highest retail mall. The project attained this milestone three months after the facility opened. Stars of 'Dvand' Sanjay Mishra and Istiaq Khan made the evening memorable. Saya Status powered the new flick.

Trios, a major co-working space provider, opened three additional locations in Pune, Maharashtra. They are ideally positioned in Cybercity IT Park in Magarpatta, Symphony IT Park in Nanded City, and Indialand Global Tech Park in Hinjawadi, Phase 1

Andaman and Nicobar Islands, Dadra and Nagar Haveli, Daman and Diu, and Lakshadweep would all benefit from the accountability and transparency made possible by these tenancy legislation.

In a recent high-profile real estate transaction, Peyush Bansal, the dynamic co-founder of Lenskart, has acquired a lavish residence in Neeti Bagh, one of Delhi's most sought-after neighborhoods.

In a strategic move to expedite its real estate projects, Raheja Developers, one of India's premier real estate giants, has announced an investment of approximately Rs 2,000 crore spanning fiscal years 2024 to 2026.

Raymond Limited, a name synonymous with quality and trust, has announced a strategic investment of Rs 301 crore in its step-down wholly-owned subsidiary, Ten X Realty Limited (TXRL).