02 Sep 2025

Excel Infra Construction is set to invest INR 252 crore in the Bellissima luxury residential project at Bandra Reclamation, Mumbai. The 33-storey tower will feature 96 apartments, with expected revenue of INR 400 crore. The funding will be a mix of equity and an Alternative Investment Fund structured as non-convertible debentures. Leveraging advanced construction technology, the company aims to complete the project ahead of schedule.Read more

02 Sep 2025

UrbanVault has expanded its operations with the opening of an 80,000 square feet co-working centre at Manyata Tech Park, Bengaluru, featuring 2,000 desks. The company leased the Grade A office space from Embassy Group and has already onboarded clients such as Cloud Odyssey, Pioneer, and SRM Tech. CEO Amal Mishra highlighted the location's importance in Bengaluru's enterprise ecosystem and outlined plans for continued national expansion. With this launch, UrbanVault manages over 2.58 million square feet and more than 42,000 seats across major Indian cities, achieving a turnover of INR 120 crore in 2024-25.Read more

02 Sep 2025

Indian Railways is set to generate approximately INR 6,000 crore in revenue by leasing out two underutilized, prime plots of land in Mahalaxmi and Bandra for 99 years. The Rail Land Development Authority (RLDA) is overseeing the process, which is a key part of a broader government strategy to monetize non-core assets. The Mahalaxmi plot, with a base price of INR 993.30 crore, is the first of many such projects to be tendered, aiming to use the city's booming luxury real estate market to fund railway infrastructure.Read more

01 Sep 2025

Signature Global Ltd has acquired 33.47 acres of land in Sohna, Gurugram, for about INR 450 crore to develop nearly 1.8 million sq ft of housing. The land was purchased through three separate sale deeds and adds to the company's steady pipeline of projects. Signature Global, which ranked fifth nationwide in pre-sales last fiscal, continues to focus on expanding in the Delhi-NCR region. Despite a dip in first-quarter sales bookings, the company reported stronger profit growth and remains confident of meeting its guidance for this year.Read more

01 Sep 2025

Sanjeevini Group announced the launch of its luxury housing project 'The Adwaith' in Bengaluru, spread across 8.3 acres at Gunjur in the city's eastern corridor. The development comprises 668 units with a built-up area of 17 lakh sq ft, priced from INR 1.7 crore upwards. The firm expects sales worth around INR 1,200 crore from the project, which is being undertaken under a joint development model. With completion slated in about 30 months, the project is positioned in a growing micromarket with strong connectivity.Read more

29 Aug 2025

Tata Consultancy Services (TCS) has leased 1.4 million sq ft in Electronic City, Bengaluru, on a 15-year lease at 360 Business Park, developed by Labzone Electronics City Pvt Ltd. The INR 2,130 crore deal will be executed in two phases starting April 1, 2026, and August 1, 2026. Terms include monthly rent of INR 9.31 crore, 12% escalation every three years, and a security deposit of INR 112 crore. The space gives TCS a large, contiguous footprint as it consolidates operations and expands delivery capacity. The transaction is part of a INR 4,500 crore expansion across Kolkata, Kochi, and Hyderabad, amid strong office absorption led by GCCs and IT majors.Read more

29 Aug 2025

Techno Digital, the digital infrastructure arm of Techno Electric & Engineering Company Ltd (TEECL), has officially launched its 36MW AI-ready hyperscale data centre at SIPCOT IT Park in Chennai. The facility, built with a committed investment of USD 175 million ( INR 1,535 crore), is a key part of the company's broader USD 1 billion national investment plan to develop scalable and sustainable digital infrastructure across India. With a capacity for about 2,400 high-density racks, the new data centre is strategically designed to provide resilience against climate risks and offers seamless connectivity to India's internet backbone, with future sites also planned for Kolkata and Noida.Read more

28 Aug 2025

The Bhendi Bazaar redevelopment by the Saifee Burhani Upliftment Trust has focused on transforming lives alongside modernising infrastructure. Families who once endured congested and unsafe living conditions are now moving into safer, greener, and more dignified homes. Children gain access to open play zones, women step into secure and functional spaces, and communities benefit from sustainable design elements such as rainwater harvesting, solar lighting, and tree-lined boulevards, creating a more liveable environment.Read more

28 Aug 2025

Ashiana Housing has acquired nearly 23 acres of land on a perpetual lease within Mahindra World City, Chennai, from Mahindra World City Developers, a subsidiary of Mahindra Lifespace Developers. The land, located beside its existing project Ashiana Vatsalya, will be used for a senior living development with a potential saleable area of 15 lakh sq ft and estimated revenue of INR 1,200 crore. The company has also reported strong sales growth in the recent fiscal quarter.Read more

28 Aug 2025

Suraj Estate Developers Limited, a prominent South Central Mumbai-based real estate firm, has acquired a land parcel at N.M. Joshi Marg, Lower Parel, for INR 6.44 crores, inclusive of registration and stamp duty. The plot will be merged with its adjoining Ambavat Bhavan project to form a consolidated land bank, enabling a premium residential development with an estimated GDV of INR 130 crores. Positioned under DCPR 33(7), the scheme will feature optimised layouts, enhanced frontage, and extensive parking, catering to the value-luxury housing demand in Mumbai's Lower Parel micro-market.Read more