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HT Real Estate News
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Prithviraj Sukumaran’s production house buys duplex in Mumbai for 30.6 crore

Prithviraj Sukumaran's firm has bought the almost 3000 sq ft apartment in Pali Hill area in Mumbai which is home to several Bollywood stars

Malayalam actor and filmmaker Prithviraj Sukumaran’s production house, Prithiviraj Productions Limited, has bought a duplex for <span class='webrupee'>₹</span>30.6 crore in Mumbai’s posh Pali Hill area.
Published on Sep 16, 2024 07:30 PM IST

Majority of indoor amusement centres in South India, Bengaluru tops the list

The total stock of operational indoor amusement centres is expected to touch 11 mn sq ft by end of 2028, up from 6.6 mn sq ft, reflecting a growth of almost 67%

South Indian cities lead in existing stock of indoor amusement centres at 2.3 mn sq ft, Bengaluru takes the top spot: JLL (Picture for representational purposes only)(Pixabay)
Published on Sep 16, 2024 02:24 PM IST

Maharashtra government signs MoU to construct 12,000 houses for dabbawalas

Under the scheme, 500 sq ft flats will be made available for ₹25 lakh. The project will be implemented by MHADA under the Centre's PMAY scheme

Maharashtra Deputy Chief Minister Devendra Fadnavis on September 13 said that 12,000 houses would be built for dabbawalas and members of the 'charmakar' (cobbler) community in three years ((Photo: Bachchan Kumar/ HT))
Published on Sep 13, 2024 09:58 PM IST

Microsoft India buys another land parcel for 453 crore in Pune's Hinjewadi

Pune real estate: Microsoft had earlier bought a 16.4 acres land parcel in Pune's Hinjewadi for Rs. 520 crore

Global tech giant Microsoft has invested close to Rs. 453 crore on land parcels spread across an area of 16.4 acres in Pune’s Hinjewadi,(REUTERS / Gonzalo Fuentes)
Published on Sep 13, 2024 07:41 PM IST

Bengaluru leads in large office space leasing, volumes touch 4.5 mn sq ft

Almost 55% of office space demand in top eight cities for area up to 1lakh sq ft: Knight Frank

Bengaluru’s large office spaces contributed 53% to the city’s total commercial transaction volumes, amounting to 4.5 million sq ft, according to a report by Knight Frank(PTI Photo)
Published on Sep 13, 2024 12:47 PM IST

Google renews lease for 3.7 lakh sq ft office space in Hyderabad for five years

Google Connect Services India Private Limited has renewed the lease for 3.7 lakh sq ft office space spread across six floors in Hyderabad

Google has renewed its lease for 3.7 lakh sq ft office space in Hyderabad for five years with the landlord Megasoft Limited for a rent of <span class='webrupee'>₹</span>2 crore per month. (Jeff Chiu/AP) (Representational photo)
Published on Sep 12, 2024 09:14 PM IST

315Work Avenue leases additional 56,000 square feet office space in Pune

Pune real estate news: 315Work Avenue now has a total of 12,000 seats across six centres spread around 0.6 million square feet in the city

315Work Avenue leases additional 56,000 square feet office space in Pune(315Work Avenue)
Published on Sep 12, 2024 08:47 PM IST

Birla Estates buys 24.5 acres land from Hindalco for 537 crore near Mumbai

MMR real estate: The land parcel bought by Birla Estates from Hindalco is located in Kalwa along the Thane-Belapur Road close to Thane and Mumbai

Birla Estates, the real estate venture of the Aditya Birla Group, has acquired a land parcel in Kalwa near Mumbai for <span class='webrupee'>₹</span>537.42 crore, (Picture for representational purposes only)(Pexels)
Published on Sep 12, 2024 08:03 PM IST

Sumadhura Group leases 1.8-lakh sq ft warehousing space to Nippon Express

Bengaluru real estate: The facility is a part of the first phase of development of Sumadhura Logistics Park in Hoskote area

Sumadhura Group leases 1.8-lakh sq ft warehousing space to Nippon Express in Bengaluru(Sumadhura Group)
Published on Sep 12, 2024 04:42 PM IST

NAREDCO asks Maha govt to allocate 5,000 slum projects to the industry body

In Maharashtra slums are redeveloped under public and private partnerships (PPP) wherein real estate developers are given additional FSI for such projects

National Real Estate Development Council (NAREDCO) Maharashtra, an apex body of real estate developers, has asked the Maharashtra government to allocate 5,000 slum redevelopment projects to the industry body.( ( Praful Gangurde /HT Photo ))
Published on Sep 12, 2024 02:48 PM IST

Domestic IT, BFSI and co-working firms to lease 60-65 mn sq ft office space

Domestic firms have accounted for almost 47% of overall office leasing activity since last two years. This marks a departure from dominance of global companies

Domestic IT, BFSI and flexible space firms are estimated to lease 60-65 mn sq ft office space between 2024-2025 across Delhi-NCR, Bengaluru and Mumbai. (Picture for representational purposes only)(Pixabay)
Published on Sep 12, 2024 02:16 PM IST

Brigade Group’s BuzzWorks marks Hyderabad foray with 25,000 sq ft office space

Brigade Group aims to expand to 1 million sq ft of flexible office space over the next two years

Brigade Group’s BuzzWorks marks Hyderabad foray with 25,000-square feet office space(BuzzWorks)
Published on Sep 11, 2024 11:07 PM IST

NAREDCO asks govt to take action on aviation constraints impacting realty sector

Naredco has submitted recommendations to the government that include relocating aviation facilities and extending shielding benefits to buildings

Naredco has submitted recommendations to the government that include relocating aviation facilities and extending shielding benefits to buildings. (Representational photo)
Published on Sep 11, 2024 08:19 PM IST

Microsoft acquires 16.4 acre land parcel in Pune's IT hub for 520 crore

Microsoft purchased the land parcels from Indo Global Infotech City LLP and registered the sale deed in August 2024

Global tech giant Microsoft has invested close to Rs. 519.72 crore on land parcels spread across an area of 16.4 acres in Pune’s Hinjewadi, a major IT hub, documents accessed by Square Yards showed. (Representational photo)(Reuters)
Published on Sep 11, 2024 03:26 PM IST

Bengaluru’s records home sales worth 19,000 crore between April-June 2024

North Bengaluru emerged as the most active region in the IT capital, accounting for 35% of registered home sale transactions in the June quarter

Bengaluru’s real estate rally continues; homes worth 19,000 crore sold between April-June 2024 (Representational photo)(Shutterstock)
Published on Sep 11, 2024 02:47 PM IST

Century Textiles buys 10-acre land in Mumbai for 1100 crore

Century Textiles plans to develop the land through its real estate subsidiary Birla Estates and expects ₹14000 cr revenue from the real estate development

Century Textiles and Industries Limited (CTIL) has said that it has acquired the ownership rights of approximately 10-acre leasehold land parcel in Worli, Mumbai, from Nusli Wadia for <span class='webrupee'>₹</span>1100 crore (Representational photo)(HT Photo)
Published on Sep 10, 2024 06:39 PM IST

Redditor seeks suggestions on best Indian cities to retire early

Responding to a Reddit post, the internet community presented a strong case for Tier II cities such as Tirupati, Kochi and Vizag for settlement post retirement

Redittor seeks suggestions on best cities to retire early; Netizens hail Hyderabad, Pune and Tirupati (Representational photo)
Published on Sep 10, 2024 12:57 PM IST

BHIVE Workspace leases 77,000 sq ft office space in Bengaluru for 8.5 cr pa

BHIVE is eyeing ₹350 crore in revenue alongside adding 1 million square feet to its portfolio in the ongoing financial year; initial public offering by FY26

BHIVE Workspace leases 77,000 sq feet office space in Bengaluru for yearly rent of <span class='webrupee'>₹</span>8.5 crore(BHIVE Workspace)
Published on Sep 09, 2024 04:45 PM IST

80% office occupiers plan to expand through flex spaces in the next 3-5 years

With cost arbitrage and enterprise-level offerings coming into play, office space occupiers are preferring flex spaces for their core business operations

More than 80% office occupiers prefer to expand their commercial portfolio through flex spaces in the next few years. (Representational photo)(Unsplash)
Published on Sep 09, 2024 04:14 PM IST

Akshay Kumar turns 57; here’s a look at 5 properties owned by the Bollywood star

Akshay Kumar dons multiple hats. Besides being an acclaimed actor, he is also an avid property collector. Here’s a look at five properties owned by him

Akshay Kumar turns 57; here’s a look at five properties owned by the Bollywood actor. (Photo: Instagram/akshaykumar)(Instagram)
Published on Sep 09, 2024 03:37 PM IST

Ingka Centres to invest 5500 cr on 2nd IKEA-anchored meeting place in India

Noida real estate: Spread across 47,833 sq. m, the facility will be one of Ikea's biggest retail projects in Delhi NCR

Susanne Pulverer, CEO and Chief Sustainability Officer, IKEA India, Sebastian Hylving, Global Expansion & Development Director, Ingka Centres, Nand Gopal Gupta, Minister for Industrial Development of UP and Jan Thesleff, the Hon’ble Ambassador of Sweden at the Ingka Centres’ Lykli Noida’s unveiling event on September 9, 2024(IKEA)
Published on Sep 09, 2024 01:39 PM IST

New parent seeks suggestions on buying versus renting home in Bengaluru

Bengaluru real estate: Proximity to schools and offices is key while buying a house, besides determining the EMI tenure, netizens said

New parent seeks suggestions on buying versus renting home in Bengaluru; Redditors weigh in (Representational photo)(Pexels)
Published on Sep 09, 2024 12:09 PM IST

Co-working firm Incuspaze leases 3.25 lakh square feet office space in Bengaluru

Incuspaze aims to clock a footprint of 1 million square feet in Bengaluru and a total of 2 million square feet across key cities in South India within a year

Co-working firm Incuspaze leases 3.25 lakh sq ft office space in Bengaluru(Incuspaze)
Published on Sep 09, 2024 10:34 AM IST

Signature Global awards 1,144 cr construction order to Ahluwalia Contracts

Ahluwalia Contracts aims to complete the Gurugram project within the stipulated regulatory timeframe which is five years, Signature Global said in a statement.

Gurugram-based real estate developer, Signature Global, has awarded a <span class='webrupee'>₹</span>1144 crore construction order to Ahluwalia Contracts (India) Ltd
Published on Sep 08, 2024 07:44 PM IST

Potential SM REITs market in India likely to exceed $60 billion by 2026: Report

At 75 mn sq ft, Mumbai leads the potential SM REIT-ready completed stock across the top seven real estate markets as of June 2024, the report said

India's potential small and medium REITs market likely to exceed $60 billion by 2026 (Representational photo)(Pexels)
Published on Sep 06, 2024 01:30 PM IST

Anupam Kher buys office space in Mumbai’s Andheri area for 3.88 crore

The office space bought by Anupam Kher is located on the 24th floor of the tower known as Parinee 1 in Mumbai's Andheri area.

Anupam Kher on changing perspective of the industry
Published on Sep 06, 2024 12:06 AM IST

Dharavi is not only about urban renewal: Gautam Adani

Dharavi Redevelopment Project (DRPPL), a joint venture between the Adani Group and Government of Maharashtra, is executing the redevelopment project in Mumbai

Adani Group’s founder and chairman Gautam Adani said on September 5 that the Dharavi Redevelopment Project that his company was executing is not not only about urban renewal but also about restoring the dignity of over 1 million residents (PTI Photo)(PTI)
Published on Sep 05, 2024 11:38 PM IST

NCR-based County Group’s subsidiary signs development agreement worth 105 cr

County Group’s subsidiary signs development agreement with Brock Developers Pvt Ltd and ALRPL for ₹105 crore to develop a project in Gurugram 

NCR-based County Group has signed a development agreement for a 7.906-acre land parcel at village Harsaru in Gurugram for a consideration of <span class='webrupee'>₹</span>105 crore. (Representational photo) Photo by Parveen Kumar/ Hindustan Times)
Published on Sep 05, 2024 06:08 PM IST

25 ultra luxury housing deals worth 2443 crore transacted across top cities

Mumbai dominates with 21 ultra-luxury housing deals worth ₹2,200 crore comprising 84% share of total deals so far, Gurugram saw one sale worth ₹95 crore

A total of 25 ultra-luxury homes priced more than <span class='webrupee'>₹</span>40 crore were sold in Mumbai, Hyderabad, Gurugram and Bengaluru in the first eight months of 2024 for a collective sales value of approximately <span class='webrupee'>₹</span>2,443 core, (Representational photo)(Unsplash)
Published on Sep 05, 2024 01:29 PM IST

Teachers Day: Do teachers prefer to rent an apartment first rather than buy one?

On Teachers' Day 2024, educators share their housing journeys, revealing a common preference for renting before investing in real estate

Teachers Day 2024: Do teachers prefer to rent an apartment first rather than buy one? (Representational photo)(Pixabay)
Published on Sep 05, 2024 01:01 PM IST
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