Construction

India has become a leading hub for Global Capability Centres (GCCs), with major clusters in Bengaluru, Hyderabad, Pune, Chennai, Mumbai, and the National Capital Region. The sector is projected to reach $105 billion by 2030, supported by nearly 2,400 centres employing over 2.8 million professionals, a government note has said.India has become a leading hub for Global Capability Centres (GCCs), with...

New Delhi, Dec 11 (PTI) Market regulator Sebi has broadened the definition of "strategic investor" for REITs and InvITs, aimed at widening investor participation in their public issues.Sebi has broadened the definition of "strategic investor" for REITs and InvITs, aimed at widening investor participation in their public issues. (Photo for representational purposes only) (Shutterstock)The expanded...

Hrithik Roshan’s father, Rakesh Roshan and his wife, Pramila Rakesh Roshan, have leased out a commercial space to Fabindia Limited for a monthly rent of ₹14.5 lakh in Mumbai, according to documents accessed by CRE Matrix.Hrithik Roshan’s father, Rakesh Roshan, and his wife, Pramila Rakesh Roshan, have leased a Mumbai commercial space to Fabindia for ₹14.5 lakh a month, documents from CRE...

Bollywood icon Shah Rukh Khan has launched the much-hyped commercial tower in Dubai named after him at a glitzy event, which had over 6,500 people attending. Dubai-based Indian real estate tycoon Rizwan Sajan said the 55-tower project on Sheikh Zayed Road, named Shahrukhz, has sold out for over ₹5,000 crore on the back of strong demand for office space. Shah Rukh Khan launched the Shahrukhz...

Apple’s fifth retail store in India, which opened today in Noida, spans 8,240.78 sq ft and has been leased for 11 years at a total tenure rent of about ₹65 crore, according to sublease documents accessed by CRE Matrix. The new outlet at DLF Mall of India will be the company’s second official store in the Delhi NCR region, after its first in Saket.Apple’s fifth retail store in India, which...

India’s flex office space segment is expected to cross 100 million sq ft by 2027, up from 72.3 million sq ft in 2025, according to Colliers’ report Flex India: Pioneering the Future of Work. Bengaluru remains the largest flex market with a 31% share of total stock, while Pune has the highest penetration at 11.5%. Global Capability Centres (GCCs) are also emerging as one of the most influential...

Ultra-luxury homebuyers today are spoilt for choice, with a growing number of developers across the country partnering with global brands to cater to well-travelled, discerning HNI buyers willing to spend on exclusivity. Earlier, the branded residences offerings were largely limited to tie-ups with hotel chains, which provided concierge services, 24-hour security, premium landscaping, and even...

Published on: Dec 11, 2025 05:56 am IST Maharashtra government will probe potential scams in Mhada tenders for dilapidated buildings and seeks Supreme Court's help to lift a stay on redevelopment laws AI Quick Read MUMBAI: Admitting to the prevalence of potential scam in tenders issued by Maharashtra Housing and Area Development Authority (Mhada) to repair old and dilapidated buildings...

Acting on the directions of UT administrator Gulab Chand Kataria, the Chandigarh Housing Board (CHB) has begun the process of dividing a portion of land in Sector 53 into two pockets, with one proposed to be auctioned to a private developer. The move has triggered concerns among residents’ bodies, who say it violates the city’s master plan and undermines CHB’s core mandate. In a letter...

India’s retail mall segment is undergoing a structural shift, with Tier 2 cities rapidly emerging as strong performers, even as metros retain the majority of the organised shopping centre stock. Powered by rising incomes and aspirational spending, cities such as Chandigarh, Kochi, Visakhapatnam, and Surat are now seeing rentals that rival those of several Tier 1 markets, driven by surging demand and...