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CapitaLand Investment appoints Sumit Gera as Chief Executive Officer, India Business Park

India, May 21 -- CapitaLand Investment Limited (CLI) has appointed Sumit Gera as Chief Executive Officer (CEO), India Business Park, the company said on May 21. Gauri Shankar Nagabhushanam has been a... Read More


Shriram Properties Limited signs joint development agreement for a 4-acre land parcel in Bengaluru

India, May 21 -- Bengaluru-based real estate developer Shriram Properties Limited has signed a Joint Development Agreement (JDA) for development of a 4-acre housing project in Yelahanka, Bengaluru, wi... Read More


Smartworks expands Pune portfolio; leases 6 lakh sq ft office space

India, May 19 -- Managed workspace platforms, Smartworks, has announced the expansion of its Pune portfolio and has added over 6 lakh sq. ft of prime office space, bringing its footprint in the city t... Read More


Certus Capital to invest Rs.125 crore for upcoming housing project in Chennai

India, May 17 -- Certus Capital, an institutional real estate investment firm, will be investing Rs.125 crore in an upcoming residential project in Chennai undertaken by real estate developer Casagran... Read More


Promoters of Kiran Gems buy a luxury apartment in Mumbai for Rs.97.4 crore

India, May 17 -- Promoters of Kiran Gems have bought an around 16,000 sq ft sea-facing apartment in the luxury project Oberoi 360 West in Mumbai for Rs.97.4 crore, documents accessed by Zapkey showed.... Read More


Strata to apply for SM REITs license to broaden fractional ownership platform; aims to raise total fund of Rs.2000 crore

India, May 17 -- Strata, India's commercial real estate (CRE) investment platform, plans to apply for the SM REITs license by the end of this month under the latest regulations issued by Securities an... Read More


Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth

India, May 16 -- Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential demand. While each of the top eight cities witnessed annual price appreciation, avera... Read More


Brookfield India Real Estate Trust to acquire 50% stake in 4 marquee assets from Bharti Enterprises

India, May 16 -- Brookfield India Real Estate Trust (BIRET) will acquire a 50% stake in four Grade A assets from Bharti Enterprises. The acquisition includes marquee commercial properties totaling 3.3... Read More


India tops major APAC countries with the highest data center capacity of around 950 MW in the Asia-Pacific region

India, May 16 -- India tops major APAC countries with the highest data center capacity of around 950MW in the Asia-Pacific region (excluding China), overtaking major countries like Australia, Hong Kon... Read More


Malaika Arora rents apartment in Mumbai for about Rs.1.50 lakh per month for three years

India, May 16 -- Bollywood actress Malaika Arora has rented her apartment in Bandra West, Mumbai, to costume designer Kashish Hans for Rs.1.57 lakh per month for three years, documents accessed by Zap... Read More