The merger could strengthen Musk’s push to build AI-powered data centres in space, reducing energy costs and boosting competitiveness against rivals like Google, Meta and OpenAI | Photo Credit: NEW YORK, Jan 29 (Reuters) – Elon Musk’s SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this […]
Mumbai-based, listed real estate developer Arkade Developers Ltd, which plans to develop luxury apartments on the iconic Filmistan Studio land in Goregaon, a site founded by Kajol’s grandfather, has announced that it plans to launch five projects this year in MMR with a combined revenue potential of over ₹3,700 crore. The company said it will […]
Mumbai-based, listed real estate developer Raymond Realty on January 21 announced the launch of a residential redevelopment project in Wadala, Mumbai, with a revenue potential of ₹5,000 crore. The project, titled ‘The Address by GS, Wadala’, will be developed on a 5.62-acre land parcel, the company said in a regulatory filing. Mumbai-based, listed real estate […]
Pune-based listed real estate firm, Kolte-Patil Developers Limited, said on January 14 that the company has signed a joint development deal for a ~1.1 million sq. ft. residential project in Bhugaon that has an expected Gross Developable Value (GDV) of around Rs. 850 crore. Kolte-Patil Developers Limited, said on January 14 that the company has […]
India’s Real Estate Investment Trust (REIT) market remains at a nascent stage, with REITs accounting for only 19% of the country’s listed real estate value, compared to a global average of 57%. While this gap highlights India’s relative under-penetration, it also signals substantial headroom for long-term growth as the market matures and diversifies, according to […]
Artificial intelligence (AI) is increasingly becoming an integral part of modern life, and the financial sector, both globally and in India, is undergoing a significant transformation as a result. Advances in computing power, data availability, and machine learning techniques have enabled AI systems to support, and in some cases automate, complex investment decisions. From algorithmic […]
Mumbai-based real estate firm Lodha Developers has partnered with Gurugram-based MRG Group to mark its debut in the Delhi-NCR market. The collaboration involves the development of two marquee projects in prime corridors of Gurugram, with a combined revenue potential exceeding ₹3,600 crore. Lodha Developers has partnered with Gurugram-based MRG Group to mark its debut in […]
Nearly one-fifth of India’s shopping centres have slipped into ‘ghost mall’ status, but reviving even a small portion of this dormant stock could unlock ₹357 crore in annual rentals, according to Knight Frank India’s retail study, Think India, Think Retail 2025 – Value Capture: Unlocking Potential. Nearly one-fifth of India’s malls are now ‘ghost malls’, […]
New Delhi, Nov 28 (PTI) Godrej Properties continues to be bullish about housing demand and will acquire this fiscal year multiple land parcels with a total revenue potential of around ₹30,000 crore, a top company official said. Godrej Properties is aggressively acquiring land parcels outright and also partnering with land owners to expand its business. […]
A surge in redevelopment activity and growing demand for luxury housing has pushed up average price of independent floors in South Delhi between 12-17% across Category A and B colonies in the third quarter of 2025, according to a report. South Delhi real estate market: The average price of independent floors have risen between 12-17% […]