Nisus Finance Services Company Limited (NiFCO) on December 23, announced investment over ₹536 crore ($59.8 million) to acquire and refurbish a completed residential asset in Dubai’s Motor City, the company said in a statement. Sunteck Realty Ltd on November 24 announced its entry into the UAE market through Sunteck International, and unveiled the location of […]
Bengaluru-based listed real estate developer Puravankara Limited has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, with a potential gross development value (GDV) of over ₹4,800 crore, the company said in a regulatory filing. Puravankara Limited has acquired a 53.5-acre land parcel in Bengaluru’s Anekal Taluk with a potential GDV of over ₹4,800 crore, […]
Auro Realty, the real estate arm of Aurobindo Group, has purchased the landmark Hotel Taj Banjara property in Hyderabad for ₹315 crore, according to the document accessed by data analytical firm Propstack. Auro Realty, the real estate arm of Aurobindo Group, has acquired Hyderabad’s landmark Hotel Banjara property for ₹315 crore, documents accessed by Propstack […]
Sankey Prasad, a real estate entrepreneur and advisor, has acquired 100% ownership of the Colliers Project Leaders (CPL) business in the Middle East. With this acquisition, he assumes the role of chairman of the newly-independent entity, sources said. It is in advanced-stage discussions with a leading global private equity firm for a strategic partnership, signalling […]
Brigade Enterprises Ltd has acquired a 4.04-acre land parcel in Neopolis Phase 3, Hyderabad, for about ₹118 crore per acre through an auction conducted by the Hyderabad Metropolitan Development Authority, the company said in a statement on Dec 4. Brigade Enterprises Ltd has acquired a 4.04-acre land parcel in Neopolis Phase 3, Hyderabad, for about […]
Embassy Office Parks REIT, India’s first listed REIT, has announced that it has acquired a 3 lakh square feet marquee office property located within Embassy GolfLinks Business Park, in Bengaluru for ₹852 crore. Embassy Office Parks REIT has acquired a 3 lakh square feet marquee office property located within Embassy GolfLinks Business Park, in Bengaluru […]
Godrej Properties Limited (GPL) has said it has bought a 5 acre land parcel in Hyderabad through an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) and plans to develop a housing project worth ₹4150 crore on the site. Godrej Properties Limited (GPL) has said it has bought a 5-acre land parcel in Hyderabad […]
Mindspace Business Parks REIT said on November 28 that it has acquired three central business districts commercial assets in Mumbai and Pune for ₹2,916 crore from K Raheja Corp to expand its REITs portfolio. Mindspace Business Parks REIT said on November 28 that it has acquired three central business districts commercial assets in Mumbai and […]
Mumbai, Nov 25 (PTI) CPP Investments and IndoSpace joint venture IndoSpace Core on Tuesday announced the acquisition of six industrial and logistics parks valued at ₹3,000 crore (471 million Canadian dollars). IndoSpace Core, the CPP Investments–IndoSpace JV, has acquired six industrial and logistics parks valued at ₹3,000 crore (Represenational Image) (Pexels) The six parks, located […]
Godrej Properties Limited on November 20 said that it has acquired an additional ~ 3.8-acre land parcel in South Bengaluru, thereby unlocking ₹2,400 crore of extra revenue and around 2 million sq. ft. of expanded development potential, the company said in a regulatory filing. Godrej Properties Limited on November 20 announced that it has acquired […]
