Bollywood icon Shah Rukh Khan has launched the much-hyped commercial tower in Dubai named after him at a glitzy event, which had over 6,500 people attending. Dubai-based Indian real estate tycoon Rizwan Sajan said the 55-tower project on Sheikh Zayed Road, named Shahrukhz, has already sold out for over ₹5000 crore on the back of […]
Bengaluru-based real estate developer Sumadhura Group has signed a Memorandum of Understanding (MoU) with the Telangana government to invest ₹600 crore in developing a 100-acre Grade A industrial and warehousing park, the company said in a statement on December 10. Bengaluru-based Sumadhura Group has signed an MoU with the Telangana government to invest ₹600 crore […]
To cater to the rising demand for residential spaces around the upcoming Noida International Airport, the Yamuna Expressway Industrial Development Authority (YEIDA) is planning to launch a plot scheme in January 2026, under which it will offer 973 residential plots of varying sizes, YEIDA officials said. Yamuna Expressway Industrial Development Authority (YEIDA) is planning to […]
Welspun One, a warehousing and industrial real estate platform, will invest ₹550 crore to develop a 1.2 million sq ft Grade A logistics park in Pune, where it has been allotted a 46-acre MIDC-notified land parcel, the company said in a statement on December 9. Welspun One will invest ₹550 crore to build a 1.2 […]
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 […]
Apple, which is set to open its fifth retail store in India on December 11, adding Noida to its rapidly expanding retail footprint, has leased 8,240.78 sq ft for 11 years at a full tenure rent of approximately ₹65 crore, according to sublease documents accessed by CRE Matrix. Apple, set to open its fifth India […]
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’, […]
Infrastructure major Larsen & Toubro on Monday announced the transfer of its realty business to its arm L&T Realty Properties Ltd. Infrastructure major Larsen & Toubro on Monday announced the transfer of its realty business to its arm L&T Realty Properties Ltd. (Photo for representational purposes only) (Pixabay) The development marks the beginning of a […]
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 […]
Omaxe Group has repaid its entire ₹700+ crore debt exposure to Samman Capital that was formerly Indiabulls Housing Finance, the company said December 8. Omaxe Group has repaid its entire ₹700+ crore debt exposure to Samman Capital, formerly Indiabulls Housing Finance. (Photo for representational purposes only) (Pixabay) The company’s association with Samman Capital (formerly IndiaBulls […]
