News

Assetmonk has acquired a 90,000-square-foot office block in Chennai's Tidel Park for approximately Rs. 89 crore.

A Hyderabad luxury residence bought by Metamor Software Solutions directors Meghna Dilip Bhanushali and Tummala Vipul Reddy for INR 48 crore is one of the city's most costly residential transactions in recent years.

Morgan Stanley Real Estate Investing (MSREI) and industrial and logistics real estate developer Prakhhyat Group are developing a 7 lakh square foot warehouse complex in Bhiwandi, near Mumbai.

The Chennai-based real estate developer Casagrand plans to build 20 million square feet (msf) of luxury and affordable homes in Mumbai and Pune for Rs 8,000 crore over three years.

CapitaLand Investment Limited (CLI) intends to raise SGD 525 million for its second fund devoted to Class-A business campuses in Indian gateway cities.

IndoSpace, sponsored by Everstone Group, expects to invest over USD 1 billion in new warehousing and logistics assets throughout India over the next two to three years.

Malhotra Group, a UK-based property, care home, and leisure company, bought a delayed project in Ludhiana, Punjab, for INR 150 crore.

According to the Development Control Regulations for Greater Mumbai, Maharashtra has launched a cluster redevelopment project to revitalise Mumbai.

These proposals encompass various measures, one of which involves the transfer of flats in their current condition, allowing homebuyers to receive their properties without any further obligations to the builder.

Brookfield India Real Estate Trust raised 2,305 crore via sales of QIP

K Raheja Corp, a major Indian real estate company, has opted to simplify its residential portfolio. This strategy increases their housing sector focus and corporate size.

Managed office space provider Tablespace has leased 100,000 square feet of office space in Pune in order to extend its operations.

The residential sector in India has experienced extraordinary growth, particularly in the luxury housing market.

To leverage on increased housing demand, Macrotech Developers Ltd. will build 22 new projects in Mumbai Metropolitan Region (MMR), Pune, and Bengaluru by March 2020, with an expected sales income of Rs 12,560 crore.

Brookfield India Real Estate Trust is selling private placement units to institutional investors to earn up to Rs 3,500 crore to buy two Gurugram and Mumbai properties.