News

Industry experts report that Ahmedabad's office space market has entered a significant transformation phase, with banking, financial services, and insurance (BFSI) sector demand creating a decisive shift toward landlord-favorable conditions.

The Kerala cadre IAS officer has officially assumed the leadership role at India's premier International Financial Services Centre, replacing Tapan Ray who completed his successful five-year tenure in mid-July.

The leading real estate developer has revealed plans to introduce residential projects worth ₹17,000 crore over the next 21 months, according to company executives speaking during recent financial disclosures.

Sri Lotus Developers has set its IPO price band at ₹140-150 per share, targeting ₹400 crore through a fresh equity issue opening August 5-9, 2025

Mindspace Business Parks REIT has completed its first major third-party acquisition by purchasing the 810,000 sq ft Q-City office campus in Hyderabad's financial district for over ₹512 crore, marking its strategic expansion beyond existing portfolio parks.

TDI Infrastructure, among the pioneering real estate developers in India, has announced the complete elimination of its ₹2,000 crore debt burden through strategic land monetization in Delhi and surrounding regions.

Phoenix Mills announced the acquisition of Canada Pension Plan Investment Board's 49% stake in Island Star Mall Developers for ₹5,449 crore, making it a wholly owned subsidiary.

Flexible workspace provider IndiQube Spaces has announced the successful leasing of approximately 320,000 square feet across three towers located in Bengaluru's Central Business District, marking a significant strategic expansion in India's largest flexible workspace market.

Mumbai-based Aurum PropTech has completed India's first share-swap acquisition in the proptech sector by acquiring REA Group's PropTiger through an all-equity strategic transaction, with REA India receiving a 5.5% stake in return.

The Maharashtra government has approved 285 new police positions for Navi Mumbai International Airport security operations, with ₹11 crore allocated for implementation under the Navi Mumbai Police Commissioner's jurisdiction.

Brigade Hotel Ventures prepares for ₹759.6 crore IPO with heavy Bengaluru dependence and single-property concentration raising investor caution flags.

Three major logistics companies are vying to develop a 174-acre multimodal logistics park in Greater Noida with ₹1,200 crore investment, promising 5,000 jobs and enhanced freight connectivity.

Shruti R Pai, wife of Manipal Group Chairman Ranjan Pai, purchased a luxury apartment in Bengaluru's upscale Jayamahal Extension for ₹64 crore, setting new pricing benchmarks in the premium residential market.

Embassy Office Parks REIT creates history by raising ₹2,000 crore through India's first REIT NCD issuance, offering 7.33% effective yield while saving 70 basis points annually on interest costs.

India's financial capital witnesses unprecedented influx of developers from Bengaluru, Delhi NCR, and Pune, driven by sustained demand and redevelopment potential in the nation's priciest property market.