Puravankara forays into Delhi-NCR, secures 13.44-acre land parcel in Greater Noida with ₹5,200 crore GDV potential

Bengaluru-based Puravankara Limited has entered the Delhi-NCR real estate market with the allotment of a 13.44-acre land parcel in Greater Noida through its wholly owned subsidiary, Prudential Housing and Infrastructure Development Limited, the company said in a regulatory filing on September 22.Bengaluru-based Puravankara Limited has entered the Delhi-NCR real estate market with the allotment of a...

Mumbai’s new trophy asset: Forget penthouses, why the ultra-rich are buying entire luxury towers

Mumbai real estate market’s ultra-luxury residential segment is entering a new phase, with the country’s wealthiest buyers increasingly looking beyond individual trophy apartments to acquire larger, more exclusive formats.Mumbai real estate market’s ultra-luxury residential segment is entering a new phase, with the country’s wealthiest buyers increasingly looking beyond individual trophy...

India’s REIT story is getting bigger: What Singapore can teach Indian investors

An Indian investor looking at listed REITs today has six names to consider. In Singapore, a market that began building its REIT ecosystem more than two decades ago, the menu extends across dozens of trusts and properties ranging from shopping centres and offices to logistics facilities, hotels, student accommodation and data centres. The difference is about more than age. It shows how the role of a REIT...

REITs vs bonds vs property: Where do they fit in an investor’s portfolio?

What exactly is an investor buying when money goes into a REIT?REITs, bonds and direct property can all generate returns, but their income, liquidity, risks and exposure to market movements work very differently.The obvious answer is real estate. Yet that only tells part of the story. A listed REIT owns income-producing property, pays distributions from the cash those assets generate and trades on an...

Pankaj Udhas’ wife rents out Pune commercial property to ICICI Bank for ₹2.89 crore

ICICI Bank Limited has leased 3,347 sq ft of commercial space in Pune, from Farida Pankaj Udhas, wife of the late legendary ghazal singer Pankaj Udhas, for a 9-year tenure, at a total rent of around ₹2.89 crore, according to property registration documents accessed by CRE Matrix.ICICI Bank Limited has leased 3,347 sq ft of commercial space in Pune, from Farida Pankaj Udhas, wife of the late legendary...

Pankaj Udhas’ wife rents out Pune commercial property to ICICI Bank for ₹2.89 crore

ICICI Bank Limited has leased 3,347 sq ft of commercial space in Pune, from Farida Pankaj Udhas, wife of the late legendary ghazal singer Pankaj Udhas, for a 9-year tenure, at a total rent of around ₹2.89 crore, according to property registration documents accessed by CRE Matrix.ICICI Bank Limited has leased 3,347 sq ft of commercial space in Pune, from Farida Pankaj Udhas, wife of the late legendary...

Indian-origin woman quits high-paying Deloitte job in Canada, returns to India for ageing parents

 Preeti announced that she had resigned from her job and was planning to return to India An Indian-origin woman has decided to leave her high-paying job at Deloitte in Canada and return to India after six years, saying her ageing parents and her own health are behind the decision.Preeti Bisnik, who worked as a senior consultant at Deloitte in Toronto, announced her resignation in an Instagram video on...

Bengaluru landlord cancels rental deal after taking token money; tenant left ‘scrambling for a place to stay’

A Bengaluru tenant’s flat hunt took an unexpected turn after a landlord cancelled a direct rental deal days before the proposed move-in date, following a dispute over brokerage involving a broker who had earlier shared videos of the property. The cancellation left the tenant 'scrambling for a place to stay' in the city.A Bengaluru tenant’s flat hunt took an unexpected turn after a landlord cancelled...

Hyderabad outpaces Bengaluru in GCC growth; 50-70 new centres likely in a year

While Bengaluru has more than 880 Global Capability Centres (GCCs), Hyderabad has around 515, followed by Pune with over 475 and Chennai with more than 280, according to a report titled ‘Hyderabad: The Rise of a Global Capability Powerhouse’ by Anarock Research & Advisory and FICCI.Hyderabad, however, led the four cities in new GCC additions in FY25, adding 70 centres, compared with 30-35 in...

A tale of twin cities: How digital replicas could help transform urban governance

There are now two Varanasis. One is the ancient city of temples, ghats and crowded, labyrinthine lanes along the Ganga. The other is its digital twin — a 160-sq-km digital replica built from LiDAR, aerial and drone imagery and 360-degree street-level scans, captured using light aircraft, backpack-mounted scanners and vehicles. It’s a digital representation of the city, linked to real-world data and...