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Welspun One to invest Rs.550 crore to develop 1.2 mn sq ft logistics park in Pune

India, Dec. 10 -- Welspun One, a warehousing and industrial real estate platform, will invest Rs.550 crore to develop a 1.2 million sq ft Grade A logistics park in Pune, where it has been allotted a 4... Read More


SMREIT market likely to exceed $75 bn, driven by 500 mn sq ft of eligible commercial assets: CBRE

India, Dec. 10 -- India's Small and Medium Real Estate Investment Trusts (SM REITs) market is likely to cross $75 billion, backed by more than 500 million sq ft of eligible office, logistics and retai... Read More


Auro Realty acquires Hyderabad's landmark Hotel Taj Banjara property for Rs.315 crore

India, Dec. 10 -- Auro Realty, the real estate arm of Aurobindo Group, has purchased the landmark Hotel Taj Banjara property in Hyderabad for Rs.315 crore, according to the document accessed by data a... Read More


Heir to basement unit in housing society eligible for membership: HC

India, Dec. 10 -- Granting relief to a man who was seeking membership of a Nariman Point housing society as he was his deceased mother's successor and heir, the Bombay High Court has upheld the order ... Read More


Bengaluru real estate: Can you afford a Rs.2.4 crore home with a Rs.3 lakh monthly income? Netizens weigh in

India, Dec. 9 -- A 34-year-old Reddit user's question about whether a household earning Rs.3.2 lakh per month can afford to purchase a Rs.2.4 crore apartment in Bengaluru has sparked a discussion on f... Read More


Embassy Developments sells over 450 units worth Rs.860 crore at Embassy Greenshore in Bengaluru

India, Dec. 9 -- Bengaluru-based Embassy Developments Ltd has sold more than 450 units worth approximately Rs.860 crore within five days of launching Embassy Greenshore, its new residential project in... Read More


Apple's Fifth India store in Noida: Leases 8,200 sq ft at Mall of India for 11 years

India, Dec. 9 -- 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 te... Read More


Apple's first Noida store opens tomorrow at DLF Mall of India; it spans 8,240.78 sq ft, with an 11-year rent of Rs.65 cr

India, Dec. 9 -- 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 te... Read More


India's 'ghost malls' hold Rs.357-crore rental potential, says Knight Frank report

India, Dec. 9 -- 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 Rs.357 crore in annual rentals... Read More


Bengaluru civic body issues over 8 lakh e-Khatas, plans passport-style centres for faster approvals

India, Dec. 8 -- The Greater Bengaluru Authority (GBA), the apex body overseeing coordination and supervision of city corporations, has issued over 8 lakh e-Khatas across Bengaluru and is now preparin... Read More