Institutional Investors’ Appetite for Indian Realty Grows
Investor optimism due to robust performance of warehousing, residential & office space segments; sector gets $3-b inflows in H1 of 2024; Mumbai leads with $1.7-b PE investments The Indian real estate market is experiencing a buoyant phase, characterized by a surge in institutional investment despite global economic uncertainties. The optimistic outlook is largely due to […]
Nielsen Media Picks Up 1.52-L sq ft Office Space on Lease in Mumbai
Nielsen Media, a global major in audience me asurement and analytics, has picked up an office space spread over four floors in a commercial complex in Mumba i’s western suburb Goregaon through a long-term lease of over 10 years. The total rental outgo for the company for the over 152,000 sq ft office space in […]
Reliance Retail is Gearing up to Do a Decathlon
ATHLEISURE IN FOCUS Rel Retail may lease up to 10K sq ft in malls to launch sports format New Delhi: Reliance Retail is planning to launch a sports for- mat, which will compete directly with French retailer Decathlon to cash in on the surge in athleisure products post pandemic, three people aware of the development […]
Hathipala Bridge started; Direct connectivity from Jawahar Marg, Siyaganj, Ranipura to Loha Mandi, Juni Indore and Gaadi Adda, 3 km and 1 hour will be saved
Traffic will get great relief • The new bridge will be called Bajrang Setu, the 70 year old bridge was only 20 feet wide, now the width is 60 feet Hathipala Bridge, built at a cost of Rs 5 crore, was started on Monday. The new bridge will be called Bajrang Setu. The width of […]
Keystone Forays into Plotted Developments
BUYS 88 ACRES IN KASARA, NEAR MUMBAI Realty developer Keystone Realtors, which operates under the brand Rustomjee, entered the fast growing market for plotted developments with the acquisition of an 88-acre plot in Kasara near Mumbai. The proposed project will offer about 500 plots of various sizes, totalling about 1.5 million square feet, to buyers […]
Samsung R&D Institute Renews Bengaluru Office Lease for 5 Years
Bengaluru: Samsung Research and Development Institute India- Bangalore (SRI-B) has renewed its lease for 420,000 square feet of office space in Bengaluru with Bagmane Developers for five years. The lease, which started in June this year, includes a lock-in period until April 2027. According to a lease renewal deed shared by analytics firm Propstack, the […]
Tata Realty Plans to Triple its Office Space Portfolio in 7 Yrs
New Delhi: Tata Realty & Infrastructure (TRIL), a subsidiary of Ta- ta Sons, plans to augment its office space portfolio to 30 million sq ft over the next seven years from the current 10 million backed by expansions in Mumbai, Bengaluru, Pune, and NCR, Sanjay Dutt, managing director and chief executive, told ET. Since most […]
Metro will go underground from Bengali intersection itself… MG Road will be saved
Before the commercial run, a major change seems to be taking place in Indore’s metro project. After the opinion of Indore public representatives and metro stakeholders, it seems almost certain that the metro track from Bengali intersection itself will go underground and MG Road will be saved from major vandalism. The official decision in this […]
Institutional Investments in Realty Hit a 3-Year High
SKY SEEMS TO BE THE LIMIT FOR INDIA’S PROPERTY MARKET Industrial, warehousing sectors help inflows in June qtr to rise to $2.5B Institutional investments in India’s real estate sector touched a three-year high of $2.5 billion in the June quarter backed by robust activity in the industrial and warehousing, and residential segments, according to Colliers, […]
Office Leasing Surges to New Record in First Half of 2024
SKY SEEMS TO BE THE LIMIT FOR INDIA’S PROPERTY MARKET Strong economics cues, rise in corp occupancies boost market by 29% The Indian office property market has demonstrated robust performance in the first half of the year, driven by a resurgence in economic activity and a notable increase in corporate occupancies, reflecting the sector’s resilience […]
