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New Delhi, Oct 17 (SocialNews.XYZ) Leasing by the industrial and logistics (I&L) real estate sector grew by 28 per cent year-on-year (YoY) in the first nine months of 2025, a report said on Friday. The total leasing during the period, across the top eight Indian cities -- Delhi-NCR, Bengaluru, Mumbai, Hyderabad, Chennai, Pune, Kolkata, and Ahmedabad -- stood at 37 million square feet (mn. sq. ft.), as compared to 28.8 mn. sq. ft. during the first 9 months in 2024. "During the period this year, ...Read More >
Realty firm M3M India announced a Rs 2,100 crore investment to develop Jacob & Co-branded ultra-luxury homes in Noida. This marks the first housing project in India under the globally renowned luxury brand. The 6-acre development is expected to generate Rs 3,500 crore in revenue, with residences priced between Rs 14-25 crore. New Delhi, Realty firm M3M India on Thursday said it will invest Rs 2,100 crore to develop Jacob & Co-branded ultra-luxury homes in Noida as part of its expansion plan. I ...Read More >
Patna: A day after Bihar Deputy Chief Minister Vijay Kumar Sinha filed his nomination papers from the Lakhisarai Assembly constituency, his election affidavit has drawn public attention, particularly to the significant difference in assets between him and his wife, Sushila Devi. According to the affidavit submitted to the Election Commission, Vijay Sinha declared movable assets worth Rs 1.01 crore, including Rs 55,000 in cash, Rs 29 lakh in bank deposits, and stock investments exceeding Rs 45 l ...Read More >
Allcargo Logistics has received NCLT approval to demerge its international supply chain business into a new listed entity, Allcargo Global Limited. This restructuring will create four distinct listed strategic business undertakings, enhancing focus and efficiency for both international and domestic operations. Shareholders will receive shares in the new entity on a 1:1 basis. Logistics operator Allcargo Logistics on Monday said it has received the NCLT approval for its restructuring plan to dem ...Read More >
The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit.Axis Max Life Insurance has launched the Axis Max Life India Consumption Opportunities Fund, an actively managed equity fund aimed at tapping into India's growing domestic consumption economy. The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit. It will be available exclusively through select Axis Max Life unit-linked insurance plans, including the Flex ...Read More >
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed to allow policyholders to benefit from the growth of India's domestic consumption economy. The fund will be available for subscription during its New Fund Offer (NFO) period from October 14, 2025, to October 2 ...Read More >
New Delhi: Ahmedabad could host the 2030 Commonwealth Games. On Wednesday, the Executive Board (EB) of Commonwealth Sport, the Games' global governing body, recommended Ahmedabad to host the centenary edition of the CWG. The official announcement of the host city will be made on November 26 during the Commonwealth Sport's general assembly in Glasgow. Minister of State for Youth Affairs & Sports, Raksha Nikhil Khadse wrote on social media: "Bharat takes another giant leap in the global sporting ...Read More >
New Delhi, Oct 16 (PTI) The initial public offer of Midwest Ltd got subscribed 11.72 times on the second day of bidding on Thursday. The three-day IPO received 3,65,44,382 shares against 31,17,460 shares on offer, as per NSE data. The quota for non-institutional investors garnered 33.19 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 8.19 times. The portion for Qualified Institutional Buyers (QIBs) received 1.84 times subscription. The initial publi ...Read More >
The Supreme Court has sought responses from the Centre, SEBI, and other stakeholders on Sahara India Commercial Corporation Ltd's plea to sell 88 prime properties to Adani Properties. The court ordered the Ministries of Finance and Cooperation to be made parties and requested the amicus curiae to collate details of the properties, including any disputes. New Delhi, The Supreme Court on Tuesday sought the response of the Centre, the Securities and Exchange Board of India (SEBI) and other stakeho ...Read More >
NAR India and UCO Forge First-Ever U.S.-India Real Estate Bridge with MLS Partnership Leaders from NAR India and UCO announce partnership to launch India's first MLS platform in Mumbai 3 min read Last Updated : Oct 16 2025 | 1:00 PM IST PNN Mumbai (Maharashtra) [India], October 16: In a landmark move set to redefine transparency and global collaboration in real estate, the National Association of REALTORS® (NAR) India and Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS ...Read More >
New Delhi [India], October 16 (ANI): Global Capability Centres (GCCs) are expected to lease an additional 50-55 million square feet (msf) of Grade A office space across India's top six markets during FY2026-FY2027, contributing 38-40% of the overall office demand, according to a report by rating agency ICRA. The rating agency said that the surge in GCC activity is expected to significantly boost commercial real estate in Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai Metropolitan Region, and ...Read More >
New Delhi, Oct 15 (PTI) Realty firm Kolte-Patil Developers Ltd has reported a 13 per cent decline in its sales bookings at Rs 670 crore during the second quarter of this fiscal year as it sold less area amid an overall demand slowdown in the Indian residential market. Its sales bookings or pre-sales stood at Rs 770 crore in the year-ago period. In a regulatory filing on Tuesday, Pune-based Kolte-Patil Developers informed that the sales volumes dipped 17 per cent to 0.86 million square feet dur ...Read More >
BENGALURU - Tata Consultancy Services' plan to invest up to $7 billion in a 1 gigawatt data centre unit in India has sparked cautious reactions, with some analysts flagging limited overlaps with its core IT services and potential pressure on returns. The move, which pushed TCS shares down as much as 1.5% on Friday, marks a strategic shift for India's largest IT firm, which has traditionally followed a capex-light, organic growth business model. The recent boom in AI technologies, which require ...Read More >
Navi Mumbai's real estate market -- residential or commercial -- never quite matched Mumbai's stature. Now, the Navi Mumbai International Airport may change that. Large developers are acquiring land parcels in the city for residential projects. While the office market may take longer to grow, the area has already started emerging as a data centre hub. Mint explains what could change: Conceived in the 1970s as a satellite city of the country's financial capital, Navi Mumbai has evolved into a t ...Read More >
India's office leasing market achieved a record performance in the first nine months of 2025, with the absorption hitting 59.6 million square feet, a report said on Monday. Technology companies held the highest share in office leasing between January and September, said the report from real estate consultancy CBRE South Asia Pvt. Ltd. "As occupiers seek future-ready spaces, sustained preference for flight-to-quality assets continues to anchor this momentum. The sustained leasing in premium ass ...Read More >
NEW DELHI, Oct. 7, 2025 - Aon plc (NYSE: AON), a leading global professional services firm, projects that salaries in India will increase by nine percent in 2026 according to the firm's Annual Salary Increase and Turnover Survey 2025-26 India. The study, now in its 31st year, is one of the largest and most comprehensive rewards studies in India and analyses data from over 1,060 companies across 45 industries. The survey's nine percent projection for 2026 marks a slight increase from the actual ...Read More >
Bengaluru: In a major development in the Mysuru Urban Development Authority (MUDA) scam, the Enforcement Directorate (ED) has provisionally attached 34 immovable properties valued at around Rs. 40.08 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. ED's Bengaluru Zonal Office attached these properties on Oct. 4, as part of an ongoing money-laundering probe into large-scale irregularities in site allotments by MUDA officials. MUDA has now been rebranded as the M ...Read More >
BENGALURU (Reuters) -The Reserve Bank of India on Tuesday proposed changes to the way banks assign risk weightage to loans and the so-called expected credit loss (ECL) framework, in a move aimed at aligning domestic regulations with global norms. The proposed changes seek to ease the risk weightage, or capital that must be set aside, for different types of loans. Major changes include differentiated risk weights for corporate loans, loans to micro, small and medium enterprises (MSMEs) as well ...Read More >
Delhi-NCR led annual housing price growth among the top eight cities with a 24% rise in the July-September quarter, followed by Bengaluru at 10%, according to Anarock. According to Anarock data, the average residential property price in Delhi-NCR rose to ₹8,900 per sq ft during July-September from ₹7,200 per sq ft a year earlier. In Bengaluru, prices increased by 10% to ₹8,870 per sq ft from ₹8,100 per sq ft. Overall, across seven major cities, housing prices grew 9% to ₹9,105 per sq f ...Read More >
The probe agencyconducted searches at multiple locations last year (Representational Image) Bengaluru: In a major development in the Mysuru Urban Development Authority (MUDA) scam, the Enforcement Directorate (ED) has provisionally attached 34 immovable properties valued at around Rs 40.08 crore. The action comes as part of an ongoing money-laundering probe into large-scale irregularities in site allotments by MUDA officials. The probe agency initiated its investigation based on an FIR filed ...Read More >
New Delhi: The Enforcement Directorate (ED) attached 34 immovable properties, including Mysuru Urban Development Authority (MUDA) sites having a market value of Rs 40.08 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the MUDA scam case. ED's Bengaluru Zonal Office attached these properties on October 4 under the Prevention of Money Laundering Act (PMLA), 2002. ED initiated an investigation based on an FIR registered by the Lokayuktha Polic ...Read More >
New Delhi, Oct 6 (PTI) The initial public offer of co-working space operator WeWork India Management Ltd got subscribed 13 per cent on the second day of share sale on Monday. The company's IPO received bids for 34,23,780 shares against 2,54,89,748 shares on offer, as per NSE data. Among investors category, Retail Individual Investors (RIIs) portion got subscribed 37 per cent. The category for Qualified Institutional Buyers (QIBs) received 9 per cent subscription and non-institutional investors ...Read More >
WeWork India's initial public offering received a 4% subscription on its first day, with retail investors at 14% and institutional buyers at 2%. The Rs 3,000-crore offer for sale, valued at Rs 8,685 crore, will conclude on October 7, with proceeds going to selling shareholders like Embassy Buildcon and WeWork Global. NEW DELHI: The initial public offering (IPO) of co-working space operator WeWork India Management Ltd received 4 per cent subscription on the first day of share sale on Friday. Th ...Read More >
Mumbai: In a historic move for Indian aviation, Prime Minister Narendra Modi will inaugurate the Navi Mumbai International Airport (NMIA) on October 8, 2025, according to senior government officials. The greenfield airport is expected to transform air travel in the Mumbai Metropolitan Region and strengthen India's global aviation presence. With NMIA set to begin operations, Mumbai will become one of the few global cities -- alongside London, New York, and Tokyo -- to operate two major internati ...Read More >
Thane, Oct 3 (PTI) An accused in the Thane Municipal Corporation bribery case surrendered in front of the Maharashtra Anti Corruption Bureau on Friday, after which a local court remanded him in police custody till October 6, an official said. The official identified the accused as Sushant Surve. Deputy Municipal Commissioner Shankar Patole, who was heading the TMC's Encroachment Control and Eviction Department, and a private person, Omkar Gaikar, were arrested during a raid carried out by the ...Read More >
India's office real estate market reported strong Q3 2025, with net absorption up 35% year-on-year to 16.3 msf, putting it on track to surpass last year's record. Global Capability Centres significantly drove leasing, while vacancy declined and rentals rose across major cities, signaling a sustained structural growth cycle. India's office real estate market has reported 16.3 million square feet (msf) of net absorption across the top 8 cities during Q3 2025, growth of 35% year-on-year. Accordin ...Read More >
Bollywood superstar Shah Rukh Khan has become the latest celebrity to enter the billionaire club, becoming the first Indian celebrity to touch the milestone and stand with global icons like Michael Jordan, Taylor Swift, and George Lucas. As per the Hurun India Rich List 2025, Shah Rukh Khan witnessed a sharp rise of 71% in his net worth this year to Rs 12,490 crore ($1.4 billion). This significant surge is fueled by the blockbuster success of his production house Red Chillies Entertainment and ...Read More >
Lucknow: Senior Samajwadi Party leader and former minister Gayatri Prajapati was attacked by a fellow inmate inside Lucknow Jail on Tuesday. The scuffle took place within the jail premises, after which prison authorities launched an internal inquiry. According to a statement issued by Dr Ramdhani, DIG Prisons, Lucknow Range, the incident occurred after Prajapati allegedly used abusive language towards another inmate, Vishwas Rajput. In response, Vishwas attacked Prajapati using a sharp object i ...Read More >
Mumbai, Oct 1 (SocialNews.XYZ) Bollywood superstar Hrithik Roshan is celebrating 4 years of togetherness with his partner, actress-singer Saba Azad. On Wednesday, the superstar took to his Instagram, and shared a series of pictures of himself with the actress-singer. As per the M3M Hurun India Rich List 2025, Shah Rukh Khan has officially entered the billionaire club. This milestone places him among the wealthiest entertainers globally. Notably, his wealth surpasses that of several internationa ...Read More >
New Delhi, Oct 1 (PTI) Six immovable properties worth Rs 10.55 crore of certain directors and shareholders of Gurugram-based real estate company Ansal Properties and Infrastructure Ltd (APIL) have been attached under the anti-money laundering law in a case linked to alleged violation of environment protection laws, the ED said on Wednesday. The attached properties, provisionally frozen under the provisions of the Prevention of Money Laundering Act (PMLA), consist of commercial units located in ...Read More >
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