Page 17 - Prachi Pisal

Real estate giant Kalpataru eyes deleveraging amid ₹1,590 cr IPO

Real estate firm Kalpataru plans to repay borrowings using IPO proceeds, cash reserves and project sales, with debt ratio targeted to fall from 3.7x to below 2x

Wipro inks 10-year lease for office space in MMR's Mindspace Business Park

The tech firm has taken space in building no. 2 of Mindspace Business Park with parking for 194 cars and a monthly rent of Rs 2.5 crore at Rs 64 per sq ft

Dassault ties up with RInfra arm to make Falcon 2000 jets in India

Dassault partners Reliance to assemble Falcon jets in Nagpur, marking the first Falcon manufacturing base outside France; DRAL named global Centre of Excellence

PE firm Blackstone acquires South City Mall in Kolkata for ₹3.2K cr

Real estate services firm Anarock was the sole transaction advisor to the deal

Raymond Realty eyes 20% Ebitda growth in FY26 ahead of July listing

Spun off from Raymond, the real estate arm expects 20 per cent Ebitda growth and 20-25 per cent bookings rise in FY26 as it prepares for listing in early July

Blackstone-Sattva REIT to raise ₹4,800 crore via IPO in August 2025

Knowledge Realty Trust to be India's fifth listed REIT with 48 msf leasable area, second-largest in Asia, and largest in India by NOI and gross asset value

Actor Jaideep Ahlawat buys second Rs 10-crore flat in Mumbai's Andheri

The actor and his wife Jyoti Hooda bought a second apartment in Poorna Apartments in Andheri West, Mumbai, for Rs 10 crore, show documents accessed via Square Yards

Godrej Properties acquires 16-acre parcel in Pune, eyes Rs 3,100 cr revenue

The land will be used for premium housing and retail and mars company's second acquisition in the region in June

Data centre boom: Realty cos eye revenue upside, portfolio diversification

The industry experts believe that the developers are leveraging their expertise in land acquisition, construction, dealing with government approvals, and maintaining tenant relationships

Macrotech Developers rebrands as Lodha Developers after dispute settlement

The rebranding follows an amicable resolution of a trademark dispute between Abhishek and Abhinandan Lodha over the use of the 'Lodha' name and associated assets

Debt recovery in stressed realty assets to improve to 38% in FY26: Crisil

These projects have benefited from strategic debt restructuring facilitated by Asset Reconstruction Companies (ARCs)

Godrej to build homes on 14-acre Bengaluru plot, eyes ₹1,500 cr revenue

The proposed development is expected to offer approximately 1.5 million square feet of saleable area, the company noted

Arkade Developers buys 6.28-acre land parcel in Thane for ₹172.48 crore

Arkade to enter Thane real estate market with ₹172.48 crore land deal; plans a ₹2,000 crore mixed-use project on 9.26 lakh sq ft RERA saleable area by 2026

Maharashtra to grant LOIs to 5 foreign universities for MMR campuses

Under its 'Mumbai Rising' initiative, the Maharashtra government will grant LOIs to five global universities to establish campuses in Navi Mumbai and Mumbai

InvITs' AUM to triple to ₹21 trillion by FY30, says industry body

Bharat InvITs Association projects InvITs' AUM to rise from ₹7 trillion to ₹21 trillion by FY30, driven by asset monetisation and ₹16 trillion infra pipeline

Mhada invites tenders for cluster redevelopment of Kamathipura, Mumbai

Project covers 943 buildings and 8,000 tenants across 34 acres, with 44,000 sq m to be returned to Mhada and 5.67 lakh sq m of development rights for the builder

Ashwin Sheth Group acquires 50% stake in luxury project in Mumbai

Singapore-based PAG commits funding of Rs 540 cr

Anil Ambani's Reliance Defence, German firm tie up to make munitions

Reliance Defence and Diehl Defence tie up for local production of 155 mm guided munitions in Ratnagiri, with Rs 5,000 crore investment planned over five years

Pay ₹1,169 crore to Reliance Infrastructure arm: Bombay HC to MMRDA

MMOPL has been operating Mumbai's first metro line between the Versova-Andheri-Ghatkopar Corridor -- which recently completed 11 years of operations

Wealth Company launches Bharat Bhoomi Fund with ₹1,000 cr green shoe

Alongside this, investments will target mid-to-premium residential, retail, plotted villas, and mixed-use developments across high-growth cities such as MMR, NCR, Pune, Bengaluru, Chennai & Hyderabad