News

As part of its India expansion plan, Deloitte Consulting India has leased approximatley 1,56,000 square feet of office space at the International Tech Park in Pune's Kharadi neighbourhood for 10 years.

Kolte-Patil Developers has engaged into agreements to execute two housing society redevelopment projects with a total saleable area of 7.3 lakh sq ft in the Mumbai Metropolitan Region (MMR).

Macrotech Developers Ltd will invest 4,500 crore rupees in the construction of real estate projects as it seeks to increase its execution capabilities in response to robust housing demand this fiscal year.

AweSpace Estate, a Mumbai-based real estate development firm, will construct over 350 ultra-luxurious residential retreats – villas and mansions – in India's most coveted travel destinations over the next two years.

Artize has inaugurated Atelier, its flagship retail location, to exhibit its products in a daring new format that hopes to transform the bathware retail industry in Bangalore.

As part of the #velvetlife concept, Puri Creators inaugurated the show apartment and sales lounge of its residential project, Puri SeleQt.

Casagrand has introduced Casagrand Elysium, a residential community with a contemporary design, in Manapakkam.

Welspun One Logistics Parks (WOLP), an integrated fund and development warehousing platform, is partnering with GRT Group to develop two Grade-A warehousing facilities in Tamil Nadu with a combined investment of INR 700 crore.

Smartworld Developers of Gurugram will invest INR 3,300 crore in the construction of three developments totaling 11.5 million square feet in 2024 fiscal year.

Springer Nature Group, a global research publisher based in Germany, has leased 1.1 lakh square feet of office space in Pune for 10 years at a total rental cost of roughly Rs 140 crore.

The Income-Tax Appellate Tribunal (ITAT) Mumbai tribunal ruled recently that rental recompense received from a contractor as a result of redevelopment is not taxable in the hands of the erstwhile unit proprietor.

Certus Capital, an institutional real estate investment and advisory firm, has invested Rs 80 crore in a luxury residential project being developed in Worli - one of the most sought after South Mumbai neighbourhood.

Prestige Estates has signed a contract to redevelop Shivshahi Housing Society in Worli, South Mumbai

Real estate company Macrotech Developers (Lodha Group) has set a goal to sell properties worth 14,500 crore this fiscal year, up 20% from the previous year, and will acquire additional land for future expansion.

Birla Estates, the real estate development branch of the Aditya Birla Group, has purchased a prominent land parcel in the upscale residential neighbourhood of Walkeshwar at Malabar Hill in South Mumbai.