May 2024

The Karnataka High Court on Thursday directed the Bruhat Bengaluru Mahanagara Palike (BBMP) to allow Mantri Mall to operate. The civic body shut the mall down last week for allegedly not paying property taxes. The mall authorities also claimed that this is the fifth time the BBMP has stopped business operations in a busy mall located in Malleshwaram. High Court allows Bengaluru's Mantri mall...

New Delhi, May 16 (PTI) Flexible workspace solutions company Awfis Space Solutions Ltd on May 16 fixed a price band of ₹364-383 per share for its ₹599 crore initial public offering. Flexible workspace solutions company Awfis Space Solutions Ltd on May 16 fixed a price band of ₹364-383 per share for its ₹599 crore initial public offering(Pixabay) The company's maiden public issue will...

Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential demand. While each of the top eight cities witnessed annual price appreciation, average housing prices in Bengaluru, Delhi NCR, Ahmedabad, and Pune registered double digit growth, a report has said. Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential...

New Delhi, May 16 (PTI) Brookfield India Real Estate Trust (BIRET) on May 16 reported an 89 per cent rise in its adjusted net operating income to ₹460.8 crore during the March quarter and announced distribution of ₹208.6 crore to unitholders. Brookfield India Real Estate Trust (BIRET) on May 16 reported an 89 per cent rise in its adjusted net operating income to ₹460.8 crore during the...

Bollywood actress Malaika Arora has rented her apartment in Bandra West, Mumbai, to costume designer Kashish Hans for ₹1.57 lakh per month for three years, documents accessed by Zapkey showed. Bollywood actress Malaika Arora has rented her apartment in Bandra West, Mumbai, to costume designer Kashish Hans for ₹1.57 lakh per month for three years, documents accessed by Zapkey...

New Delhi, Realty firm Signature Global Ltd has set a target to sell housing properties worth ₹10,000 crore in 2024-25, up 38 per cent from the last fiscal, as it expects demand for residential assets to remain strong. Signature Global aims to sell ₹10,000 cr worth homes in FY25, up 38pc annually In its investors presentation, the company has given a guidance of ₹10,000 crore for...

Brookfield India Real Estate Trust (BIRET) will acquire a 50% stake in four Grade A assets from Bharti Enterprises. The acquisition includes marquee commercial properties totaling 3.3 million square feet, at an enterprise value of about ₹6000 crore, the company said in a statement. Brookfield India Real Estate Trust (BIRET) will acquire a 50% stake in four Grade A assets from Bharti...

India tops major APAC countries with the highest data center capacity of around 950MW in the Asia-Pacific region (excluding China), overtaking major countries like Australia, Hong Kong SAR, Japan, Singapore, and Korea, according to CBRE South Asia Pvt. Ltd’s report titled ‘Asia Pacific Data Center Trends Q1 2024’. India tops major APAC countries with the highest data center capacity of...

The Yamuna Expressway Industrial Development Authority (Yeida) on Wednesday said it has finalised the design of its new office building to be built in Sector 18, where a residential cluster is being developed in the close proximity of the Noida international airport along Yamuna Expressway. Currently, Yeida’s main administrative office functions out of a building taken on rent in Greater...

Bengaluru-based hospital, Narayana Hrudayalaya, also known as Narayana Health, has bought a land parcel in the city worth ₹169 crore, documents accessed by Propstack showed. Bengaluru-based hospital, Narayana Hrudayalaya, also known as Narayana Health, has bought a land parcel in the city worth ₹169 crore (Representational photo)(Pixabay) The seller is Venture Projects Bangalore Private...