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DLF Q1 Results: Profit rises 4% to Rs 794 crore; revenue declines 46%DLF Ltd has recorded a modest profit growth of four percent in the June quarter, though total income suffered a notable drop, affecting its...
Nexus Select Trust posts 11% increase in net operating income to Rs 510 croreNexus Select Trust has announced an exciting eleven percent rise in net operating income, coupled with a distribution of three hundred seve...
DLF’s net profit rose to Rs 794 crore in Q1FY27Real estate major DLF Ltd reported a 4% year-on-year rise in consolidated net profit to Rs 794 crore for the quarter ended June, compared w...
Prestige Estates buys 50% stake in Advent Convention and Hotels International for Rs 504 crorePrestige Estates Projects Ltd is set to enhance its market presence by securing a 50% stake in Advent Convention and Hotels International L...
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. ...
West Bengal charging electronics productionWhile the new BJP regime has begun identifying land parcels in the state for greenfield investments, establishing a land bank is a more tim...
Flex office firms' earnings jump on strong demand, premium shiftFlexible workspace firms WeWork India, Smartworks, IndiQube, and Awfis reported robust revenue growth and improved margins in the last fisc...
Nexus Select Trust to pick 50% stake in Runwal Enterprises' upcoming mall in Mumbai for Rs 434 croreRealty firm Nexus Select Trust will acquire 50 per cent stake in an upcoming mall in Mumbai for Rs 434 crore as part of its expansion plan.
Puravankara leases 1.2 lakh sq ft retail spaces to IKEA India in BengaluruIn a regulatory filing on Monday, the company informed that it has signed an Agreement to Lease (ATL) with IKEA India for leasing of two fl...
Delhi's Aerocity near IGI airport to get India's largest mall, spanning over 28 lakh sqftBy 2027, Indira Gandhi International Airport's Aerocity will get India's largest mall, spanning over 28 lakh square feet. This $2.5 billion...
CapitaLand India Trust to invest Rs 1230 crore to acquire a 1.0 million sq ft IT Park at Outer Ring Road, BangaloreCLINT will provide funding for the development of the project as part of the forward purchase arrangement. The project comprises two buildi...
Leasable area under REIT expected to grow by over 10% in the coming quarters: ReportAs per the study, Mindspace REIT delivered the highest absolute returns of 8.11% year to date till October 31, 2022. For the same period, B...
Ascendas India trust to buy two buildings in Bengaluru for Rs 1,441 croreThe fund will also provide capital to develop the project as part of the agreement. It proposes to acquire a net leasable area of up to 1.6...
Indian Railways seeks bids for making bungalows in Delhi’s Civil LinesThe RLDA has invited bids for grant of lease for the redevelopment of 2.18 hectares of Boulevard Road Railway Colony for 99 years, with a r...
Indiabulls Real Estate inks pact to jointly develop commercial building in Mumbai’s WorliThe developer has executed a non binding term sheet with the Oricon Enterprises, the owner of around 0.9 acre land parcel situated at Dr. E...
Indiabulls Real Estate inks pact to acquire commercial building in GurgaonThe deal for the commercial building is likely to get completed in 3 to 4 months when the Occupation Certificate (OC) of this building is e...
Malls to contribute 35 per cent of modern retail sales by 2016: ReportMalls are expected to contribute to more than a third (35 per cent) of the modern retail sales in the next three years, says a report.