03 Dec 2025

Adani Enterprises Ltd confirmed earlier this week that it had finalised the INR 231.34 crore acquisition of Trade Castle Tech Park Pvt Ltd through its joint venture, AdaniConneX. The deal, initiated in the past week through a share purchase agreement with the company's existing stakeholders, gives AdaniConneX full ownership of an entity holding substantial land parcels and key infrastructure licences. Although the acquired firm has yet to begin commercial operations, the JV expects the assets to accelerate its national data centre expansion plans, particularly in line with its long-term 1 GW capacity strategy.Read more

03 Dec 2025

91Springboard has strengthened its South India footprint by launching new hubs in Bengaluru and Chennai, adding over 1 lakh sq. ft. of flexible workspace and around 2,500 seats. The company now operates 13 hubs across the region and plans to add another 1.5 lakh sq. ft. by FY 2025-26. The expansion follows strong demand and the successful opening of its first Chennai centre earlier this year. The new hubs, set to open by early 2026, are located in premium, well-connected business parks with modern amenities. CEO Anshu Sarin said the company remains focused on delivering flexible, customer-centric workspaces as flexible offices continue to gain prominence in South India.Read more

03 Dec 2025

Omaxe Group has completed the repayment of about INR 80 crore, including interest, to the SWAMIH Fund for two of its residential projects in New Chandigarh and Prayagraj. The fund had sanctioned INR 168.80 crore for The Lake project and INR 60.40 crore for the Omaxe Shiva developments, but the company drew only INR 70 crore. The repayment was made entirely through internal cash flows. Both projects are progressing, with 1,402 units planned in New Chandigarh and 304 independent-floor units in Prayagraj. The company said the funding support helped advance project completion.Read more

02 Dec 2025

Hindustan Power has won a SECI bid to develop a renewable energy project with a contracted solar capacity of 150 MW, requiring around 300 MWp of solar installation and a 300 MWh battery-energy storage system. The project was awarded through a tariff-based competitive process and an e-reverse auction under the SECI-ISTS-XX tender for solar projects integrated with storage. Company Chairman Ratul Puri stated that the initiative reflects Hindustan Power's focus on flexible, storage-led assets to support India's future power infrastructure. The company is also working on several large solar and storage projects across multiple states.Read more

02 Dec 2025

Kesar India Limited has purchased a 24,256 sq metre land parcel in Hingna, Nagpur, to develop a mixed use high-rise project spanning over 1.5 million sq ft, with projected revenue of around INR 900 crore. The acquisition reflects growing demand in Nagpur for integrated residential and commercial developments, driven by population growth, rising incomes, and infrastructure improvements such as the Samruddhi Expressway. The project aims to meet the needs of both residents and businesses. The move strengthens Kesar India's presence in one of Maharashtra's fastest-growing real estate markets.Read more

02 Dec 2025

Samko Renewable Energy Limited, a subsidiary of Samko Holdings UK, and SRAM & MRAM Projects Limited announced earlier this week that they had signed a Joint Venture Association Agreement to set up Samko SRAM & MRAM BESS Limited. The venture will spearhead the rollout of Nikola Tesla's multi-billion-dollar Smart City Project across India and the United Kingdom. The initiative will include integrated Gigafactory-led townships spanning at least 100 acres, combining advanced automation, renewable-energy systems, and circular manufacturing. The Tamil Nadu site and a location in the United Kingdom have already been identified for the first phase.Read more

01 Dec 2025

Sunaina Rakesh Roshan has expanded her commercial real-estate portfolio with the purchase of two office units in an Andheri East commercial tower for a combined INR 6.42 crore. The first unit cost INR 3.16 crore for 1,217 sq ft of carpet area, while the second was acquired for INR 3.26 crore measuring 1,254 sq ft. Each deal included two parking spaces, with combined stamp duty exceeding INR 38 lakh. The move follows recent purchases by her parents, Rakesh and Pramila Roshan, who acquired five units worth INR 19.68 crore in the same building. The cluster of transactions underscores their strategy of consolidating assets in one of Mumbai's most active business hubs.Read more

01 Dec 2025

Godrej Properties has acquired a 5-acre land parcel in Kokapet, Hyderabad, through an HMDA e-auction and plans a premium residential project with a saleable area of 2.5 million sq ft and revenue potential of INR 4,150 crore. This follows a previous acquisition in Kukatpally and the launch of two projects that have sold INR 2,600 crore worth of properties this year. The company is actively expanding in high-potential cities through strategic acquisitions and joint development agreements, recording strong sales growth and targeting INR 32,500 crore in bookings for this fiscal.Read more

01 Dec 2025

Lodha Developers is preparing a substantial expansion for the latter half of the ongoing fiscal, outlining plans to introduce 15 residential projects valued at INR 14,000 crore across the Mumbai Metropolitan Region, Pune and Bengaluru. The company, which has already launched projects worth INR 8,300 crore in the first quarter and INR 4,900 crore in the second quarter, indicated in its recent investors' presentation that it remains on course to achieve its FY26 pre-sales guidance of INR 21,000 crore. Lodha also reported steady growth in sales bookings and is exploring a pilot entry into the Delhi-NCR market.Read more

01 Dec 2025

Godrej Properties is aggressively expanding its land bank this fiscal, targeting acquisitions that could generate up to INR 30,000 crore in development potential. The firm has already crossed its interim guidance of INR 20,000 crore, with key purchases in Nagpur (75 acres) and South Bengaluru (30 acres) contributing to this growth. With strong first-half sales bookings up 13 per cent year-on-year the company is confident of achieving its annual sales-booking target of INR 32,500 crore. Historically, Godrej has executed land acquisitions across major metro regions and tier-II/III cities to balance group housing and plotted development.Read more