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New Delhi: Signature Global's latest performance signals a decisive shift toward financial discipline and expansion, with the real estate developer tightening its balance sheet while preparing for new growth avenues. The company's net debt dropped sharply to Rs 2.0 billion at the end of FY26 from Rs 8.8 billion a year earlier, marking a 77 percent decline. This substantial deleveraging reflects tighter financial management and improved cash flows. With cash and cash equivalents at Rs 27.70 bill ...Read More >
New Delhi [India], April 8 (ANI): Industry experts have suggested that the Reserve Bank of India's Monetary Policy Committee (MPC) choosing to maintain the status quo on policy rates reflects a cautious approach to navigating global uncertainties and domestic growth targets. The Reserve Bank of India kept the policy repo rate unchanged at 5.25 per cent in the first monetary policy announcement of the financial year 2026-27, citing rising global uncertainties and geopolitical tensions. Sujan Ha ...Read More >
New Delhi [India], February 16 (ANI): The five publicly listed Real Estate Investment Trusts (REITs) in India have collectively distributed over Rs 2,450 crore to more than 3.8 lakh unitholders during the third quarter of FY26, according to the Indian REITs Association (IRA). India's listed REITs include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT, and Nexus Select Trust. Also Read | Pakistan Gold Rate Today, February 16, ...Read More >
ALSO READ: India Retail Boom: Why are global investors abandoning US malls and betting big on India? Similarly, Road InvITs also benefited from strong growth by upping their distributions by 23.57 per cent compared to the previous quarter and more than doubling them yearly, thanks to the strong volume of toll traffic and seasonal uplift. Power and energy InvITs kept steady, reflecting the cash flow predictability of these assets. Although private InvITs also announced consistent growth, their ...Read More >
MUMBAI: Flexible workspace pioneer WeWork India Management, which leads the segment in terms of revenue, has launched its Rs 3,000-crore secondary issue through the IPO route, pricing the offering, opening on October 3, at the Rs 615-648 range. Through the OFS, WeWork is selling 46,296,296 shares led by the promoter Embassy Buildcon which is selling 35,402,790 shares, while 10,893,506 shares are being sold by 1 Ariel Way Tenant which is an investor. The company is majority-owned by the develop ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
New Delhi, Aug 26 (PTI) India's Real Estate Investment Trust (REIT) market is gaining momentum with nearly 140 million sq ft of office and retail real estate already in the portfolio of five trusts listed on stock exchanges, according to Colliers India. Real estate consultant Colliers India noted that the REIT market in India is "steadily progressing from a 'nascent' to 'early growth' stage. Stating that around 500 million sq ft of office assets are REIT-worthy, the consultant said the four li ...Read More >
Bengaluru: Apple Inc is expanding its India presence, having leased several office and retail store spaces across Mumbai and Bengaluru over the last two years, underscoring the country's growing importance as both a consumption hub and manufacturing base for the iPhone maker. According to lease documents reviewed by ET, Apple and its partners have leased or committed to leasing almost a million square feet of prime real estate in marquee business districts and shopping centres since 2023. These ...Read More >
New Delhi, Aug 14 (PTI) Technology companies have taken on lease 10.8 million sq ft of office space directly from property owners during the January-June period of this year across seven major cities, contributing 40 per cent to total demand for conventional workspace, according to Colliers India. Real estate consultant Colliers India data showed that the total gross leasing of conventional office space stood at 27.2 million square feet across seven cities in the first half of this calendar yea ...Read More >
New Delhi [India], August 14 (ANI): Border Security Force Sub-Inspector Vyas Dev and Constable Suddi Rabha are among those 16 personnel who have been awarded the Medal for Gallantry (GM) on the 79th Independence Day for showing their exceptional bravery and unmatched valour exhibited by them in Operation Sindoor. In addition, the President Medal for Distinguished Service (PSM) to five and the Medal for Meritorious Service (MSM) to 46 are also awarded to BSF officers and personnel. During Opera ...Read More >
Bengaluru (Karnataka) [India], August 14: Large-sized deals (≥100,000 sq. ft.), continue to drive India commercial office market, consistently accounting for bulk of the Grade A office space uptake in the last 5 years. In H1 2025 too, 51 of the total leasing across the top 7 cities was through large-sized deals at 17.2 million sq feet, reflecting occupiers sustained appetite for high-quality office spaces to support growth strategies. Technology sector continues to drive large-sized transaction ...Read More >
Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 RE for ...Read More >
Bengaluru (Karnataka) [India], August 14: Large-sized deals (>=100,000 sq. ft.), continue to drive India's commercial office market, consistently accounting for bulk of the Grade A office space uptake in the last 5 years. In H1 2025 too, 51% of the total leasing across the top 7 cities was through large-sized deals at 17.2 million sq feet, reflecting occupiers' sustained appetite for high-quality office spaces to support growth strategies. Also Read | 'Bigg Boss 19': Transgender Athlete Anaya B ...Read More >
Vishal Sikka's early bet on global capability centers (GCCs) is now a reality as more companies insource tech operations in India. This shift challenges Indian IT giants, facing talent and business losses. While offering GCC-as-a-service, they navigate AI challenges and potential tariff risks under a possible Trump administration, impacting both IT firms and GCCs. Some Bengaluru-based doyens may disagree, but as recent events would suggest, Vishal Sikka was probably the most prescient of recent ...Read More >
New Delhi - Incuspaze, India's leading workspace solution provider acquires VSKOUT, a B2B SaaS solution offering curated data analytics for commercial real estate (CRE), in a strategic move to enhance and integrate high-tech capabilities. Founded in 2016, VSKOUT has emerged as a trusted name in real estate data services, known for its proprietary analytics tools, data mapping capabilities, and deep insights into India's commercial real estate landscape. The deal is structured as a combination o ...Read More >
New Delhi, July 3 (SocialNews.XYZ) India's commercial real estate market witnessed strong growth in the first half of 2025, with net office leasing across the top seven cities rising by 40 per cent year-on-year (YoY), a new report said on Thursday. According to data compiled by Anarock Research, net office absorption grew from around 19.08 million sq. ft. in H1 2024 to approximately 26.8 million sq. ft. in H1 2025. New office supply also increased by 25 per cent during the same period, reachin ...Read More >
Bengaluru - : Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, announced today that it has successfully raised ₹1,550 crores through a combination of Non-Convertible Debentures (NCDs) and term loan facilities. The proceeds will be used to refinance certain existing debt, resulting in annual interest savings of approximately 113 basis points (bps). The fund raise comprises ₹750 crores via Embassy REIT ...Read More >
Hyderabad: Hyderabad-based Brihaspathi Technologies, an AI surveillance and security solutions provider, on Thursday said it has raised $10 million in funding from foreign institutional investors and others. Brihaspathi will use the capital to establish a new 72,000 sq. ft. CCTV manufacturing facility in Hyderabad, which is expected to be operational by the end of the current financial year, the company said in a statement. It also plans to hire over 400 new employees. The company has been awa ...Read More >
Kolkata: Demand for office space in Kolkata doubled to 6 lakh sq ft from 3 lakh sq ft in the April-June quarter, even as residential sales stuttered and fell by 10% against Jan-Mar 2025, with approximately 3,525 units sold in the second quarter of 2025.According to Colliers, a global diversified professional services company specialising in commercial real estate services, engineering consultancy, and investment management, the absorption of 6 lakh sq ft comes as a major boost in the wake of jus ...Read More >
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