05 Sep 2025

Puravankara Limited, one of India's most reputed real estate developers, announced that it would host a series of property shows in the United States earlier this month. These events, spread across key cities including New Jersey, Seattle, Santa Clara, Houston and Frisco, were curated for global Indians to explore premium living options and investment opportunities in India. The series highlighted Puravankara's diverse portfolio while offering personalised consultations, exclusive pricing and flexible payment plans tailored to the needs of non-resident Indian buyers.Read more

04 Sep 2025

Mumbai's property market recorded 11,230 registrations in August 2025, down 3% year-on-year and 11% from July, reflecting a modest seasonal slowdown. Residential sales dominated with 80% of registrations, and smaller homes under 1,000 sq ft accounted for 85% of transactions. Properties priced below INR 1 crore gained traction, rising to 48% of sales from 44% last year, while mid-segment units (INR 2-5 crore) dipped slightly and luxury homes held steady at 6%. Stamp duty collections stood at INR 1,000 crore, 6% lower than August 2024. Still, January-August saw nearly 100,000 registrations and INR 8,854 crore revenue, up 11% year-on-year, showing sustained buyer confidence.Read more

04 Sep 2025

The Lucknow Development Authority (LDA) has announced a large township project called Varun Vihar, spread over 5,600 acres along the Agra Expressway. The plan includes a 300-acre logistics park with direct connectivity to the expressway and Kisanpath, more than 15,000 residential, commercial, and group-housing plots, and supporting facilities such as an inter-state bus terminal, an international-standard golf course, and a central park. Nearly 800 acres have been earmarked for green belts and water bodies. The project aims to create a balanced township with housing, infrastructure, and employment opportunities.Read more

04 Sep 2025

The Karnataka Housing Board is planning a 772-acre development near the ITIR in Devanahalli, aiming to meet increasing demand with residential plots and affordable housing for low-income families. Spread across five villages Vishwanathapura, Vajarahalli, Beerasandra, Shanappanahalli and Managondanahalli the plan involves giving landowners half the developed land instead of cash, with their agreement required. A previous attempt to acquire 1,777 acres was dropped after farmers spoke out. Rising land rates after Foxconn's iPhone facility announcement highlight the urgency, while concerns about loss of fertile land remain.Read more

04 Sep 2025

Applied Materials has taken up more than 8 lakh sq ft of office space in Whitefield, Bengaluru, by signing a 10-year lease valued at INR 855 crore. The office is located in ITPB-Endeavour and spans the ground plus 15 upper floors. The monthly rent is INR 5.97 crore, with rent set at INR 74 per sq ft and scheduled to increase by 15% every three years. A security deposit of INR 35.8 crore has also been paid. The agreement includes a firm option to lease an extra 3 lakh sq ft in Tower 8, which is under construction.Read more

03 Sep 2025

Shah Rukh Khan has rented two duplex apartments in Mumbai's Pali Hill while his residence, Mannat, undergoes renovation. The lease, signed with the Bhagnani family, is valued at INR 8.67 crore over three years and provides him about 10,500 sq ft of space. Around the same time, Kriti Sanon purchased a duplex penthouse in the Supreme Prana project in the same neighbourhood. Her apartment, spread across the top two floors, is priced at INR 78.2 crore and comes with six parking spots. The article also outlines the differences between duplex and standalone apartments.Read more

03 Sep 2025

WeWork India has leased 22,700 sq ft of office space to Chargebee at its Chennai centre. The global billing and monetisation platform has opened its new office within this facility. WeWork India, which has a presence across eight cities with over one lakh desks, is also preparing to launch its Initial Public Offering in the near future, marking a significant milestone in its expansion strategy.Read more

03 Sep 2025

Apple has leased 64,125 sq ft of additional office space in Hyderabad's WaveRock Tower, strengthening its presence in the city. The lease, signed for five years, involves a monthly rent of INR 80.15 lakh with a structured warm shell and fit-out rental model. Apple has also deposited INR 4.8 crore as security, with a yearly escalation clause of 4.77%. The agreement includes parking provisions and a three-year lock-in period. With this expansion, Apple now occupies more than 5 lakh sq ft at the WaveRock campus, continuing its growth in India after recent expansions in Bengaluru.Read more

03 Sep 2025

Puravankara, through its subsidiary, has obtained redevelopment rights for a housing society in Malabar Hill, one of South Mumbai's prime neighbourhoods. The society spans 1.43 acres and offers a development potential of about 0.7 million sq ft. The project carries a gross development value (GDV) of INR 2,700 crore. This acquisition comes shortly after the company's Chembur redevelopment win and builds on its earlier Breach Candy project. Together, these developments increase Puravankara's Mumbai portfolio to 4.25 million sq ft with an overall GDV potential of INR 10,500 crore.Read more

03 Sep 2025

Trident Ltd has approved an investment of up to INR 250 crore to acquire a 30.42 percent stake in Trident Global Corp Ltd, a company active in marketing and selling home textiles. The investment will be made in multiple tranches, subject to regulatory approvals, and is classified as a related-party transaction. The company aims to secure domestic brand market access, leverage TGCL's manufacturing, strengthen brand equity, and establish itself as a multi-category home solutions provider. The decision also addresses geopolitical challenges, including US tariffs, and seeks to capitalize on the Swadeshi movement.Read more