Kalpataru Group has sold six built-to-suit office spaces in its commercial project Kalpataru Virtus in Mumbai’s eastern suburb of Vikhroli to global maritime firm Bernhard Schulte Shipmanagement (BSM) for ₹304.05 crore, according to documents accessed by Propstack. Kalpataru Group has sold six office floors in its Kalpataru Virtus project in Vikhroli, Mumbai, to Bernhard Schulte […]
Qatar National Bank Q.P.S.C has renewed its 8,079 sq ft office space lease at Maker Maxity in Mumbai’s costliest commercial district, Bandra Kurla Complex (BKC), at a starting monthly rent of ₹62.6 lakh, according to documents accessed by Propstack. Qatar National Bank has renewed its 8,079 sq ft lease at Maker Maxity in Mumbai’s BKC […]
India’s office real estate sector recorded 19.69 million sq ft of absorption in Q3 2025, a 6% year-on-year and 5% quarter-on-quarter rise, according to a report by Vestian. The demand was led by Bengaluru, National Capital Region (NCR), and Mumbai, driven largely by expansions of Global Capability Centres (GCCs), the growing footprint of BFSI firms, […]
Mumbai, Properties owned by 1993 Mumbai serial blasts accused Tiger Memon and his family, including a flat where one of the conspiracy meetings had taken place, are set to go under the hammer soon, an official has said. Properties of 1993 Mumbai serial blasts accused Tiger Memon, his kin set to be auctioned The Smugglers […]
Zomato Hyperpure Private Limited, the B2B supply arm of food delivery platform Zomato, has leased a large warehouse space measuring 5.53 lakh sq ft in Thane district, near Mumbai, for approximately ₹1.7 crore per month, according to documents accessed by CRE Matrix. Zomato’s B2B arm, Hyperpure, has leased a 5.53 lakh sq ft warehouse in […]
Gopichand Parmanand Hinduja, the billionaire co-chairman of the Hinduja Group and one of Britain’s richest men, died in London at the age of 85. Gopichand Hinduja, billionaire and co-chairman of Hinduja Group. (Bloomberg) The second of the four Hinduja brothers, Gopichand Hinduja played a key role in transforming the family’s trading business into a global […]
Managed office space provider Smartworks Coworking Spaces Ltd has signed an agreement for over 8.15 lakh sq ft in Mumbai, making it one of the city’s largest flexible workspace campuses, the company’s statement said. Smartworks has leased over 8.15 lakh sq. ft. in Mumbai, creating one of the city’s largest flexible office campuses. (Representational Image) […]
FM India Supply Chain Private Limited, a logistics firm, has leased 1.31 lakh sq ft of industrial space at Lodha Industrial Park in Palava City, Thane district, near Mumbai, for five years at a total rent of over ₹33 crore, according to property registration documents accessed by CRE Matrix. FM India Supply Chain Private Limited, […]
The Mumbai real estate market is expected to record approximately 11,200 property registrations in October 2025, a 14% decline compared to 13,200 units during the same period last year. Additionally, stamp duty collections reached ₹1,004 crore, a 17% decline compared to ₹1,205 crore during the same period last year, according to Maharashtra IGR data. Mumbai […]
Delhi-NCR-based real estate developer DLF on October 30 reported a nearly 15% decline in consolidated net profit to ₹1,180.09 crore for the second quarter of FY26, compared to ₹1,381 crore in the same period last year, due to lower revenue from operations. However, the company’s sales bookings surged six-fold to ₹4,332 crore, driven by demand […]
