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Puravankara Expands Footprint with Major Redevelopment Projects in Mumbai and Bengaluru

South Mumbai Project: A Luxurious Milestone Bengaluru-based real estate developer Puravankara announced its acquisition of redevelopment rights for the prestigious Miami Apartments located in Breach Candy, South Mumbai. This new project, set in an area known for its high-end real estate with rates between ₹1,25,000 and ₹1,40,000 per sq ft, marks Puravankara’s entry into the […]

Navigating the Challenges: RBI Governor Warns of Risks in Global Commercial Real Estate

Global Commercial Real Estate Pressure Could Impact Banks In a recent address at the Future of Finance Forum 2024 hosted by the Bretton Woods Committee in Singapore, RBI Governor Shaktikanta Das highlighted concerns regarding the global commercial real estate (CRE) sector. He warned that ongoing pressures in this sector might place banks at risk of […]

Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth

Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth

Interarch Building Products Limited Reports Robust Q1 FY25 Performance with 7.45% EBITDA Growth Strong Financial Performance for Q1 FY25 Interarch Building Products Limited (BSE Code: 544232) (NSE: INTERARCH) continues to build on its growth trajectory with notable financial results for the first quarter of FY25, ending June 30, 2024. Revenue: INR 303.4 Cr, reflecting a […]

Bengaluru Takes the Lead: Large Office Space Transactions Soar in H1 2024

Bengaluru Takes the Lead: Large Office Space Transactions Soar in H1 2024

Dramatic Growth in Large Office Spaces In the first half of 2024, large office spaces (over 100,000 sq ft) have driven 45% of all commercial transactions across India’s top eight cities, according to Knight Frank India. This marks an impressive 54% year-on-year growth from 10.18 million sq ft in H1 2023 to 15.69 million sq […]

"Why Bill Gates' Company Is Investing in Real Estate in Pune"?

“Why Bill Gates’ Company Is Investing in Real Estate in Pune”?

Microsoft Expands Pune Footprint with Strategic Land Purchases. Microsoft Strengthens India Presence with Major Investment in Pune. Mumbai, 13th September 2024: Microsoft has made significant strides in enhancing its presence in India, acquiring a second land parcel in Pune’s Hinjewadi for a staggering Rs. 453 crore. This purchase comes on the heels of another acquisition […]

"House of Hiranandani's Groundbreaking ₹3,200 Crore Investment: A Major Redevelopment Initiative in Mumbai’s Housing Sector"

“House of Hiranandani’s Groundbreaking ₹3,200 Crore Investment: A Major Redevelopment Initiative in Mumbai’s Housing Sector”

A New Era in Mumbai Real Estate Welcome to a transformative chapter in Mumbai’s real estate landscape. House of Hiranandani, a leading name in the real estate industry, is embarking on a significant redevelopment project, committing an astounding ₹3,200 crore to revitalize five key housing societies across Mumbai. Expanding Horizons: Presence Across Major Indian Cities […]

Revolutionizing India’s Office Space Market: GCCs and Sectoral Shifts Drive Demand

Shriram Finance Announces Legendary Cricket Icon Rahul Dravid as New Brand Ambassador: A Partnership of Excellence and Trust

Mumbai, Maharashtra, IndiaShriram Finance Ltd., the flagship company of the Shriram Group, is thrilled to unveil its new Brand Ambassador: Rahul Dravid, former Captain and Head Coach of the Indian Cricket Team. This exciting collaboration brings together two celebrated entities renowned for their dedication and reliability. A Union of Unmatched Integrity and Vision Rahul Dravid, […]

Birla Estates Expands its Horizons with Rs. 537 Crore Land Acquisition in Mumbai MMR

Birla Estates Expands its Horizons with Rs. 537 Crore Land Acquisition in Mumbai MMR

Mumbai, 12th September 2024 – In a strategic move poised to reshape the Mumbai Metropolitan Region (MMR) real estate landscape, Birla Estates, the real estate arm of the Aditya Birla Group, has acquired a significant land parcel valued at Rs. 537.42 crore. This prime plot, located in Kalwa along the bustling Thane-Belapur Road, was purchased […]

U.S. Business Confidence in China Hits Record Low Amid Geopolitical Strains and Economic Slowdown

Optimism at an All-Time Low for U.S. Businesses in China Political tensions, China’s decelerating economic growth, and intensifying domestic competition are shaking the confidence of U.S. businesses operating in the region. According to a survey released by the American Chamber of Commerce in Shanghai, optimism about the five-year business outlook has dropped to a record […]

The Rise of Domestic Firms in India’s Office Leasing Market

The Rise of Domestic Firms in India’s Office Leasing Market: A Game-Changing Shift As the Indian economy continues its rapid evolution, domestic companies are making bold moves to transform the commercial real estate landscape. For the first time, homegrown firms are overtaking global corporations in office space leasing, marking a pivotal shift in the market. […]