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Tier 2 & 3 cities: The new epicentres for retail realty

Industry experts are showing huge confidence in the tier 2 and 3 retail ecosystem, acceding to its enormous rise in market size and revenue growth potential in the future New Delhi: Tier 2 and 3 cities have witnessed immense growth...

‘Think India Think Retail 2023: High Streets Real Estate Outlook’ by Knight Frank

This report captures the real estate footprint on these contemporary high streets as per key parameters such as store size, tenant profile, retailer category and origin ‘Think India Think Retail 2023: High Streets Real Estate Outlook’ by real estate consultancy...

Group 108 signs MoU to invest Rs 2,000 crore in Noida, Gr Noida

The Group is currently developing a 40 lakh square feet commercial project 'Grandthum' in Greater Noida, with 9 lakh square feet out of the total saleable area earmarked for retail New Delhi: Realty firm Group 108 on Wednesday said it has proposed to...

DLF’s net debt down 73% in FY23 to Rs 721 crore

Net debt of its joint venture firm DLF Cyber City Developers Ltd. came down to Rs 18,772 crore in 2022-23 from Rs 19,063 crore New Delhi: Realty major DLF reduced its net debt by 73% to Rs 721 crore in the...

Tata Group leases space at Golden I, Greater Noida

Croma has leased 12,472 sq. ft. of space at Golden I in Greater Noida New Delhi: Tata Group-owned electronics retail chain Croma has leased 12,472 sq. ft. at Golden I in Greater Noida (West), Ocean Infraheight Pvt. Ltd, the company behind...

Nexus Select Trust raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on Tuesday

Nexus Select Trust will launch India's first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assets New Delhi: Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised...

Realtors closed 87 land deals totalling 1,862 acre in FY’23 to expand biz amid demand revival: Anarock

During the previous year 2021-22, real estate consultant Anarock noted that 44 land deals accounting for about 1,649 acres were closed across various cities New Delhi: Real estate developers remained active on land acquisition for future development and they closed...

Real estate developer Runwal acquires R City Mall

The acquisition involved the purchase of 50% of shares from Government of Singapore Investment Corporation, that has been Runwal's joint Venture partner for over 17 years Mumbai: Real estate developer Runwal has acquired full ownership of the R City Mall,...

Ganga Realty to invest Rs 400 crore in high-street retail project

The retail project in Sohna, Gurugram will have around 650 shops spread on an area of 2.7 lakh sq. ft. New Delhi: Gurugram-based real estate firm Ganga Realty has announced that it will invest Rs 400 crores in its first high-street...

DLF’s rental arm DCCDL buys 26.43% stake in Suncloud Solar for Rs 8.41 crore

DLF holds 67 per cent stake in DLF Cyber City Developers Ltd (DCCDL), while Singapore sovereign wealth fund GIC has the remaining 33.33 per cent stake New Delhi: Realty firm DLF's rental arm DCCDL has bought 26.43 per cent stake...

Mixed use project Golden I, Noida gets occupancy certificate  

Spread across an area of 1,781,816 sq ft, Golden I in Greater Noida is slated to be a mixed use project comprising retail, commercial and residential spaces New Delhi: Golden I, a project by Ocean Infraheights Pvt. Ltd., in Greater Noida...

Burj Khalifa builder Emaar to build a mall in Kashmir

This is the first FDI project in Jammu and Kashmir after Article 370 was repealed by the Centre in 2019 Srinagar: The makers of Burj Khalifa on Sunday marked their formal entry into Jammu and Kashmir, performing the groundbreaking ceremony...

Bhumika Group exits Urban Square Galleria project in Alwar

The Group however is looking to launch malls in Jaipur and one other undisclosed premium market in Rajasthan Mumbai: Real Estate Developer Bhumika Group exits from its upcoming project in Alwar, Rajasthan named Urban Square Galleria due to the non-viability...

Retail leasing activity soars across Delhi NCR in H2 2022: CBRE

In some areas of Delhi NCR, rental yields have increased by 6–8%, reflecting the market's strength and the rising demand for Grade-A office spaces and premium retail premises Bengaluru: Retail leasing activity across the Delhi NCR witnessed an increase in the...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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