IKEA India leases 37,259 sq ft retail space at Pune’s Phoenix Marketcity Mall for ₹23.54 crore for nearly five years

Swedish home furnishings giant IKEA India Private Limited has leased 37,259 sq ft of retail space at Phoenix Marketcity Mall, Viman Nagar Road, Pune, for a total rent of ₹23.54 crore for 4 years and 11 months, according to property registration documents accessed by CRE Matrix. The ground-floor space will have a starting monthly rent […]

Nikhil Nanda, Amitabh Bachchan’s son-in-law, buys ₹28 crore luxury apartment in Juhu, Mumbai

Nikhil Nanda, chairman and managing director of Escorts Kubota Limited, and son-in-law of Amitabh Bachchan, has purchased a luxury apartment in Mumbai’s Juhu area for around ₹28 crore, according to documents accessed by Liases Foras, a non-broking real estate research and data analytics company specialising in registration data and market intelligence. The transaction was executed […]

Adani Realty and Marathon Nextgen join forces for ₹3,400 crore commercial and retail project in South Mumbai

Adani Realty and Mumbai-based listed developer Marathon Nextgen Realty Limited have partnered to develop a commercial and retail project in Byculla, Mumbai, with a gross development value (GDV) of ₹3,400 crore. The project, named Monte South Commercial, will be executed as a joint venture between Marathon Nextgen Realty and Adani Realty, spanning approximately 1.2 million […]

Ashiana Housing launches ₹350 crore premium residential project in Jamshedpur

Real estate developer Ashiana Housing has launched a residential project in Jamsedpur for a revenue potential of ₹350 crore, the company said in a regulatory statement. The project Ashiana Amaya is located in Dobo. Spread over 3.86 acres with a total saleable area of 4.64 lakh sq. ft. The development will feature 230 premium apartments, […]

CaratLane founder’s brother Siddhartha Sacheti buys two luxury apartments in Mumbai’s Worli for ₹160 crore

CaratLane founder Mithun Sacheti’s brother Siddhartha Sacheti has purchased two luxury apartments in Mumbai’s Worli area for a total of ₹160 crore, documents accessed by Zapkey showed. The apartments are located in building named Three Sixty West by Oberoi Realty. Each unit, priced at ₹80 crore, offers a carpet area of 6,130 sq ft and […]

India’s retail REIT market likely to touch ₹60,000–80,000 crore by 2030: Report

India’s retail-focused Real Estate Investment Trusts (REITs) market is projected to become a ₹60,000–80,000 crore market by 2030, according to a report by ANAROCK. This would account for nearly 30–40% of India’s overall REIT market, which is expected to touch $25 billion ( ₹2 lakh crore) by the end of the decade. India’s retail REIT […]

Bollywood actor Sonu Sood and his son Eshaan Sood buys properties worth over ₹3.6 crore in Mumbai Metropolitan Region

Bollywood actor Sonu Sood and his son Eshaan Sood have purchased a land parcel worth ₹1.05 crore in Shirdon, Panvel, near Mumbai, according to property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) website. Bollywood actor Sonu Sood and his son Eshaan Sood bought a land parcel worth ₹1.05 crore […]