Motilal Oswal Alts Raises ₹1,250 cr for Sixth Realty Fund
ACTION PLAN Fund, with target corpus of ₹2K cr, to focus on early-stage investments in hsg projects Mumbai: Motilal Oswal Alter- nates (MO Alts), the alternative investments arm of Motilal Oswal Financial Services, has rai- sed over 1,250 crore as the first close of its sixth real estate fund India Realty Excellence Fund VI (IREF […]
Indian Office Market to Surge on Foreign Firms’ GCC Push
Global capability centres may lease about 45-50 m sq ft space in next 2 years: Colliers report. Bengaluru: Global Capability Centres (GCCs) are expected to to lea se about 45-50 million square feet of office space over the next two years accounting for approximately 40% of the total office demand across the top 6 cities, […]
In New India, Offices Buzz in Fresh Homes
Changing needs, infrastructure development, etc create new office hotspots in top cities. Such hotspots could add 89m sq ft of Grade A office space to top 7 cities’ supply in 5 years. Mumbai | Bengaluru | New Del- hi: The commercial real estate market in India’s major cities is transforming due to changing te- nant […]
Work on doubling the Singapore Township Underbridge begins
Will get relief from the problem of getting stuck between vehicles coming head-on. Indore. • Taking care of the problems of the regional people, Railways has started the work of widening the underbridge under the Indore-Dewas railway line in Singapore Township. Currently this bridge is built on a single box, which is being widened and […]
All five slabs of Rau Junction flyover are ready
Now the work of building RE walls on both sides has gained momentum. • Indore. After the pillars, all five slabs have also been made and ready for the six lane flyover at Rau Junction of the bypass. For the past several months, the work of making six pillars and five slabs for the flyover […]
Realtors Tie up with Owners as Land Prices Zoom
It’s a win-win situation for both parties as JDAs allow developers to access prime locations without huge upfront costs Bengaluru: Real estate developers are increasingly turning to joint development agreements (JDAs) with landowners, a strategic shift which is being seen as a win-win for both parties amid surging land prices. JDAs allow developers to access […]
Embassy REIT Meets Full-year Guidance in Q3
Bengaluru: Embassy Office Parks RETT, India’s first listed REIT and the largest office REIT in Asia, has recorded the highest- ever leasing quarter in the December 2023, with the full fiscal year leasing guidance achieved in the last nine months. The firm reported that it leased 3.5 million square feet of office space across 22 […]
Metro in the central region will run in an 8.5 kilometer long underground tunnel.
The company started the survey, excavation will start from inside the High Court, 23 kilometers of the 32 kilometer metro track will be elevated. There has been some delay in the work of the metro project. In fact, continuous monitoring was being done by the former MD, due to which a trial run was taken […]
Sunteck Inks Pacts to Develop SoBo, Bandra Projects
Projects at Nepean Sea Road and Bandstand are valued at over 3k cr. Mumbai: Real estate major Sunteck Realty has entered into agreements to redevelop two prime projects together valued at over 23,000 crore in the affluent area of Nepean Sea Road in South Mumbai and the upscale Bandstand locality in Bandra West. Both projects […]
Luxury Brands Lease More Space as India Goes Premium
The share of luxury product makers in overall leasing rose to 9% in 2023. New Delhi: Luxury watch, jewellery, fashion and apparel brands lea- sed 600,000 square feet space in 2023, up from 230,000 sq ft in the previous year and the highest in six years, amid robust demand in the premium consumer segment. According […]
