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COMMERCIAL REAL ESTATE
Omaxe to invest Rs 6,200 cr to build 19 hotels in 5 statesOmaxe, a key player in real estate development, has announced a bold initiative involving a Rs 6,200 crore investment over five years to cr...
An aggressive growth strategy and multi-city expansion bid, Umm Al Qura’s SAR 50 billion portfolioUmm Al Qura, developer of Makkah's Masar Destination, unveils a 2026–2030 strategy to expand across Makkah, Jeddah and Madinah, targeting a...
NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 statesReal estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will inves...
Over 10% of luxury home sales now come from NRIs across key global markets: Whiteland's Sudeep BhattIndia's luxury housing market is experiencing a structural transformation, attracting significant global capital, particularly from Non-Res...
Embassy Developments to invest Rs 1,500 cr to build 3mn sq ft office space in Bengaluru: MD Aditya VirwaniEmbassy Developments is investing Rs 1,500 crore to build a 3 million sq ft office complex in Bengaluru, aiming to boost rental income from...
Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan RazackPrestige Estates Projects Ltd holds a substantial Rs 65,000 crore in unrecognised revenue, fueled by robust housing sales. The company repo...
Smartworks to acquire Singapore’s Workstudio SpacesSmartworks is set to acquire Singapore-based Workstudio Spaces, expanding its footprint to 76,000 sq. ft. with over 1,500 seats. This strat...
1 km high, 167+ storeys: All about Jeddah Tower, the Saudi mega skyscraper set to surpass Burj KhalifaSaudi Arabia's Jeddah Tower has surpassed 100 floors, inching closer to its goal of becoming the world's tallest building at over 1,000 met...
Office leasing down 2% in Apr-Jun across top 7 cities; new supply falls 28%: ColliersOffice space leasing across seven major Indian cities saw a slight dip of 2% to 17.4 million sq ft in April-June, primarily due to reduced ...
Manglam Group to invest Rs 350 crore in Sheraton hotel in JaipurRajasthan's Manglam Group is investing Rs 350 crore to build a 220-key Sheraton Hotel on the Jaipur-Ajmer Highway, marking their third part...
NCR plans four new cities along RRTS corridors to ease housing costsThe National Capital Region Planning Board’s Regional Plan 2041 proposes four new greenfield cities along Rapid Rail Transit System (RRTS) ...
REITs' leasable area to rise 30% by FY28, credit profiles to remain healthyIndia's listed office REITs are poised for significant expansion, with leasable space projected to grow by 40-45 million sq ft by 2027-28. ...
Mammootty net worth: How the Malayalam Superstar built a Rs 340 crore fortune through films, real estate and business venturesMammootty Padma Bhushan: Malayalam superstar Mammootty's impressive net worth, estimated at ₹340 crore, is a testament to his enduring care...
Tamannaah Bhatia net worth: From luxury cars to real estate, all about the Rs 120 crore fortune of Baahubali starTamannaah Bhatia, a prominent figure in Indian cinema, continues to captivate audiences across films and OTT platforms. With a career marke...
Institutional ownership narrows office supply as outright demand holds upIndia’s office real estate market is shifting towards a leasing-led model, with developers, REITs and institutional investors increasingly ...
India's office leasing to remain resilient, to hit 85-90 million sq ft in 2026-27India's office property market is set for strong growth. Leasing activity is expected to reach 85-90 million sq ft by 2026-27. Global capab...