Curated Living Solutions Partners with BNMV Trust for Mumbai Student Housing Project
Curated Living Solutions, a leading developer in the student housing sector, has formed a strategic partnership with the BNMV Trust to create a cutting-edge student living project in Mumbai’s Juhu neighborhood. The partnership involves a 10-year lease agreement for a 30,000 square feet plot of land, on which the company
India’s Office Market Soars: Record-Breaking Leasing Predicted in Top Cities
India’s commercial real estate sector is experiencing a boom, with office leasing activity in the top eight cities expected to shatter records in 2024. According to a report by property consultant Cushman & Wakefield, these key markets – likely including Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai, Pune, and Ahmedabad
Gautam Buddh Nagar Revs Up Industrial Growth with E-Auction of Diverse Land Parcels
Gautam Buddh Nagar, a flourishing industrial hub in Uttar Pradesh, is taking a significant step towards further development with the announcement of an e-auction for a variety of industrial plots. This strategic move aims to not only attract new businesses to the region but also to streamline the land acquisition
Pune’s Flexible Workspace Market Gets a Boost as Awfis Partners with Nyati Group
The dynamic business landscape of Pune is set to witness a significant shift in its workspace options with the announcement of a major partnership. Awfis, India’s leading provider of flexible workspaces, has joined forces with Nyati Group, a prominent real estate developer in the region. This strategic collaboration marks a
ASK Property Fund Cashes Out of Shriram Properties’ Bengaluru Project
ASK Property Fund, a prominent real estate investment firm, has decided to exit Shriram Properties’ 49-acre plotted development project located in Bengaluru. This strategic move marks the conclusion of a successful partnership between the two entities. While the exact reasons behind ASK Property Fund’s decision remain undisclosed, it is believed
Godrej Interio Sets Ambitious Expansion Plans for FY25
Godrej Interio, a household name in Indian furniture, is embarking on a major expansion drive in the upcoming fiscal year (FY25). The company aims to significantly strengthen its retail footprint by opening a staggering 104 new stores across the country. This aggressive growth strategy is coupled with a target of
Gurugram Developer Faces RERA Penalty for Unregistered Project
Gurugram-based developer M/s 1000 Trees Housing Pvt Ltd has been hit with a substantial penalty of Rs 1.5 crore by the Haryana Real Estate Regulatory Authority (HRERA) for failing to register their ongoing project, “Sanctuary 105.” This move by HRERA underscores the importance of developers adhering to real estate regulations
Adani Group Eyes Strategic Sale in Ambuja Cement
The Adani Group, which emerged as a major player in the Indian cement industry after acquiring Ambuja Cement in 2022, is contemplating a strategic divestment of a portion of its holdings. Sources close to the company indicate that the group’s promoters are planning to sell 3% of their shares in
Ciena Leases Significant Office Space in Gurugram, Signaling Growth Ambitions
Global networking solutions provider Ciena has inked a major lease agreement in Gurugram, marking a strategic expansion of its footprint in the Indian market. The company is slated to occupy a substantial 1.35 lakh square feet of office space within the prestigious TRIL Tower, a prime commercial property situated in
MahaRERA Takes Aim at Leaky Apartments in Mumbai
Mumbai: In a bid to address the persistent problem of leaky apartments in Mumbai’s high-rise buildings, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced a set of guidelines for developers to implement. These guidelines aim to minimize the occurrence of leakage issues and ensure the structural integrity of buildings.