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2024

Flex office space contributes to more than one-third of Delhi-NCR’s office leasing activity in Q1 2024

Flex office space contributes to more than one-third of Delhi-NCR’s office leasing activity in Q1 2024

Gross office leasing in Delhi-NCR touched 4.03 mn sq ft in the first quarter (Jan-March) of 2024 on the back of leasing demand from domestic occupiers, including flex, who accounted for approximately 54% of the total leasing activity, according to a report released by JLL on April 8. The share of coworking space take-up in overall office leasing activity is poised to rebound to about 15 per...

Keystone Realtors housing sales bookings up 41% to ₹2,266 crore

Keystone Realtors housing sales bookings up 41% to ₹2,266 crore

Mumbai-based Keystone Realtors Ltd, that develops real estate projects under the Rustomjee brand, on April 8 reported a 41% growth in sales bookings to ₹2266 crore in financial year 2024 as against 1604 crore in FY 2023 on the back of increased housing demand, the company said in a regulatory filing. Mumbai-based Keystone Realtors Ltd, that develops real estate projects under the Rustomjee...

Blackstone to take apartment income REIT private in  bln deal

Blackstone to take apartment income REIT private in $10 bln deal

Asset manager Blackstone said on April 8 it would take private rental housing firm Apartment Income REIT, known as AIR Communities, for $10 billion in cash, including debt. Asset manager Blackstone said on April 8 it would take private rental housing firm Apartment Income REIT(REUTERS) Under the deal, Blackstone will pay $39.12 for each share of the real estate investment trust, representing...

Omaxe’s subsidiary to develop multi-sports stadium, retail and hospitality hub in Delhi for around ₹1500 crore

Omaxe’s subsidiary to develop multi-sports stadium, retail and hospitality hub in Delhi for around ₹1500 crore

Wholly-owned subsidiary and special purpose company (SPC) of Omaxe Ltd, Worldstreet Sports Center Ltd, will be developing an integrated multi sports facility consisting of an international cricket, football stadium, an indoor stadium, along with a retail and hospitality hub spread across an area of 54 acres in Delhi's Dwarka area for around ₹1500 crore, the company said in a regulatory filing....