Bidya Sapam
Stories by Bidya Sapam
India: Shopping malls emerge as favourite destination for shared offices
Co-work space players Awfis, The Hive and SmartWorks are eyeing shopping complexes to open shared offices.
Warburg Pincus-backed ESR close to buying land in Mumbai, Pune for $29m
ESR is conducting the final due diligence to buy nearly 100 acres in Bhiwandi from Supreme Infrastructure.
Uncertainty looms over Chinese property developers’ India investment plans
Property consultants said the inability to find large projects and challenges of dealing with local bodies have delayed their plans. Besides, the Chin
India: Phoenix Mills acquires Indore mall for $35m
Earlier this month, the company announced the acquisition of an under-construction mall in Lucknow for $66 million.
Bloom Hotel wins bid for Delhi’s Janpath hotel
Delhi-based Bloom outbid Tata Group firm Indian Hotels Co. Ltd (IHCL) and Byke Hotels and Resorts to acquire the 38-room property, which is also calle
Piramal Capital offers $30m structured equity to Appaswamy Group for land deals
Developers in India are increasingly relying on non-banking financial companies (NBFCs) and private equity investors to fund their real estate project
Indian Hotels, Sarovar in running to acquire The Connaught in Delhi
Mumbai-based hospitality firm Byke Hotels and Resorts, which has presence in Jaipur, Manali and Kovalam, has also submitted its bids.
Mirae Asset Global to launch $100m AIF in India to invest in residential projects
The fund will focus on residential projects across Mumbai, Bengaluru, NCR, Pune, Chennai and Hyderabad, and is likely to be deployed within the next 1
India: Ascendas to buy two office buildings in Navi Mumbai for $137.6m
At present, Ascendas India Trust operates around 12.6 million sq. ft of office space in Bengaluru, Mumbai, Pune, Chennai and Hyderabad.
Kanakia group to buy India Tube Mills land in Mumbai for $54m
The Kanakia group is looking to utilize the land either for mixed used development or building residential projects.