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COMMERCIAL PROPERTY INVESTMENT INDIA
ICICI Prudential AMC buys over 0.5 million sq ft office space in Bengaluru for Rs 626 croreIn a significant investment, ICICI Prudential Asset Management Company has finalized the purchase of a prime commercial property located on...- Developer Richard Rubin bought a long-shuttered Alabama Ramada Inn in 2021; after a sub-$5 million redevelopment, its 120 rooms were slated for workforce housingDeveloper Richard Rubin is transforming a long-shuttered Ramada Inn in Sheffield, Alabama, into workforce housing through his firm, rm Repv...
- Private equity inflow in office assets rises 7 pc to USD 945 million in Apr-Sep: AnarockDuring the first half of FY27, private equity inflow into Indian office assets surged to USD 945 million. Investors are strategically targe...
- Indian businesses must focus on BIMSTEC beyond traditional marketsA conference on business opportunities in BIMSTEC countries took place in Delhi. Indian businesses learned about potential partnerships for...
- In 2019, Lovett Commercial bought Houston's historic 254,808-sq-ft Folgers plant; 7 years later, a $10 million reuse project was turning it into an arts and school hubHouston's historic Folgers Coffee Plant is being transformed into the Frank Liu Jr. Academy of Music and Arts, a tuition-free, open-enrollm...
- Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...
- Actress Rakul Preet Singh clarifies over income tax raids: 'Neither has anyone ever gifted me any property, nor do I accept'Rakul Preet Singh addressed recent income tax raids conducted at multiple locations related to her. She clarified that she was not connecte...
- AI compute financing needs bankable contracts, lender exit rules: industryThey highlighted these demands at a closed-door meeting on ‘Financing India’s Frontier & Compute Ecosystem’ convened in Delhi by the IndiaA...
- The 1952 El Portal Church sat boarded up for a decade. After a $5.5 million sale in 2021, its future became a major redevelopment fight- here's what actually happened to the historic 75-year-old churchIn El Portal, a long-abandoned church has been bought by Elm Springs for commercial development. However, Adam Neumann has since taken cont...
- Betting syndicate seeks to ride AI wave, ED suspects over ₹2,000 crore funnelled abroad as ‘AI investments’ED’s Parimatch probe first unearthed betting syndicate’s ‘AI investment’ modus. The Enforcement Directorate suspects illegal betting networ...
- CEAT expands Chennai plant to boost premium tyre production for India, global marketsCEAT has expanded its manufacturing capabilities at the Chennai plant across various tyre categories and segments. This expansion will enha...
- Homebuyer paid Rs 1.73 crore for a flat in Gurgaon, builder delayed project and alleged that he booked unit for commercial gain; he fought and won the money back with 12% interestMr Rajinder Singh booked a flat in Gurgaon and was promised possession within three years. After a decade of waiting, he sought legal actio...
- A 292-room Hilton in Houston shut its doors after years as a hotel; developer Bryan Kang then planned a $40 million conversion of its 200,000 sq ft into housingA former 292-room Hilton Houston Galleria at 6780 Southwest Freeway could obtain a fresh purpose via a planned $40 million residential chan...
- A $375 million ground lease transformed Washington's Old Post Office into a Waldorf Astoria; 2 years after acquisition, foreclosure ended the investor's control of the propertyA $375 million transaction changed the identity of Washington, D.C.’s Old Post Office building, moving the property from the Trump Internat...
- Washington State Investment Board backed fund exits Rs 550 crore investment in Noida’s Dasnac groupKautilya Finance has successfully exited its investment in New Delhi-based Dasnac, realizing cash proceeds of Rs 550 crore. The investment ...
- An iconic Art Deco Coca-Cola bottling factory stood unused; developers turned its 12-acre site into a mixed-use destination featuring a food hall and hotelArchitects and developers are transforming abandoned factories into functional spaces such as hotels and art galleries. Many of these proje...
- HDFC Mutual Fund announces reopening of HDFC BSE REITS and Commercial Real Estate Index Fund for ongoing subscriptionHDFC Mutual Fund has reopened its HDFC BSE REITS and Commercial Real Estate Index Fund after its September 15–17 NFO period. The passive fu...
- Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
- Ajay Devgn, Kajol’s Juhu bungalow gets BMC stop-work notice after residents' complaint. Here’s what happenedAjay Devgn and Kajol are facing a halt in their plans for a new salon and spa at their Juhu residence. The Brihanmumbai Municipal Corporati...
- Brookfield India REIT buys Powai office units for Rs 75.2 croreBrookfield India REIT’s arm Kairos Properties has agreed to acquire office units across two floors of Delphi building in Mumbai’s Powai for...
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