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Ikea expands in North India with central distribution centre in Delhi-NCR

Ikea expands in North India with central distribution centre in Delhi-NCR

Ikea has expanded its presence in North India with the launch of its first fully outsourced Central Distribution Centre (CDC) in Gurugram, Delhi-NCR. The 180,000 sq ft facility, located in Farrukh Nagar, has been developed in collaboration with global logistics provider Rhenus, the company announced on February 24. Ikea has expanded its presence in North India with the launch of its first fully...

Gramercy Info Park Pvt Ltd buys two industrial land parcels in Navi Mumbai’s Ghansoli for ₹615 crore

Gramercy Info Park Pvt Ltd buys two industrial land parcels in Navi Mumbai’s Ghansoli for ₹615 crore

Gramercy Info Park Pvt Ltd, an arm of Pune-based Panchshil Realty, has purchased two industrial land parcels in Navi Mumbai's Ghansoli area for ₹615 crore, according to property registration documents accessed by Propstack.com. Gramercy Info Park Pvt Ltd, an arm of Pune-based Panchshil Realty Group, has purchased two land parcels worth ₹615 crore in Navi Mumbai's Ghansoli area. (Picture for...

Dubai registers 33,110 residential transactions worth AED 65 billion in Oct-Dec 2024: Report

Dubai registers 33,110 residential transactions worth AED 65 billion in Oct-Dec 2024: Report

Dubai’s residential market recorded 33,110 transactions valued at over AED 65.23 billion in the October–December 2024 quarter. This marks a 55% year-on-year (Y-o-Y) increase compared to the 21,405 transactions recorded in the same period in 2023, a report by Square Yards said. Dubai’s residential market recorded 33,110 transactions valued at over AED 65.23 billion in the...

Alia Bhatt’s production house rents an apartment in Mumbai’s Bandra for ₹9 lakh per month

Alia Bhatt’s production house rents an apartment in Mumbai’s Bandra for ₹9 lakh per month

Alia Bhatt’s production house Eternal Sunshine Production Pvt Ltd has leased an apartment in Mumbai's Bandra area for ₹9 lakh per month, according to property registration documents accessed by IndexTap.com Alia Bhatt’s production house Eternal Sunshine Production Pvt Ltd has leased an apartment in Mumbai's Bandra area for ₹9 lakh monthly rent. (Instagram/stylebyami) According to the...

Noida authority to launch industrial plot scheme via e-auction process

Noida authority to launch industrial plot scheme via e-auction process

Noida The Noida authority on Sunday said that it has decided to launch an industrial plot scheme soon under a new policy to support businesses in the micro, small, and medium enterprises (MSME) sector. The move aligns with an Uttar Pradesh government directive of December 26, 2024 that instructed the Noida, Greater Noida, and Yamuna Expressway authorities to standardise their allotment...

India Design 2025: Here’s how sustainable design can help extend redevelopment timelines and create homes built to last

India Design 2025: Here’s how sustainable design can help extend redevelopment timelines and create homes built to last

In a city like Mumbai, where buildings are often redeveloped every 30 years, the question arises about what makes a design timeless. The answer lies in creating spaces built to last 50-60 years, not just for today but for future generations. Architects believe incorporating sustainable practices can significantly extend a building's life, reducing the need for constant redevelopment. Architects...

Housing demand pretty strong across major cities but euphoria mellowing down: Pirojsha Godrej

Housing demand pretty strong across major cities but euphoria mellowing down: Pirojsha Godrej

Demand for residential properties remains "very strong" across major cities but the euphoria seen in the last few years is mellowing down a little bit, said Pirojsha Godrej, the executive chairperson of Godrej Properties. Demand for residential properties remains "very strong" across major cities but the euphoria seen in the last few years is mellowing down a little bit, said Pirojsha Godrej,...

India Design 2025: From mountain-peak homes to jungle bars, architects share the wildest demands for luxury second homes

India Design 2025: From mountain-peak homes to jungle bars, architects share the wildest demands for luxury second homes

Second-home destinations like Goa and Alibaug are experiencing a surge in demand for high-end villa properties, leading to some outlandish requests from buyers, say architects. One bizarre demand came from a buyer who wanted a 10,000 sq ft property designed in the shape of three mountain peaks. Another out-of-the-blue request involved building a treehouse perched at the top of a hill....

Shah Rukh Khan roped in as brand ambassador for Gurugram-based Elan Group

Shah Rukh Khan roped in as brand ambassador for Gurugram-based Elan Group

Gurugram-based real estate developer Elan Group has appointed Bollywood star Shah Rukh Khan as its brand ambassador. Gurugram-based real estate developer Elan Group has appointed Bollywood star Shah Rukh Khan as its brand ambassador. (Elan Group) According to the company statement, Shah Rukh Khan has captivated audiences worldwide, shaping aspirations, setting trends, and redefining...

14 companies begin operations in Yeida region in Noida

14 companies begin operations in Yeida region in Noida

Fourteen companies have begun production at their newly established factories along the Yamuna Expressway near the Noida International Airport, officials of the Yamuna Expressway industrial development authority (Yeida) said on Friday. Yeida said it has brought in ₹3.3 lakh crore in investments. (HT Archive) They include Vivo, which has investment ₹7,000 crore in the region, Surya Global...